Transport Ministry speeds up public investment disbursement

The Minister of Transport has issued Directive 06/CT-BGTVT on speeding up public investment disbursement in 2021 to successfully realise the socio-economic plan and State budget estimate for the year.
Transport Ministry speeds up public investment disbursement ảnh 1Construction of a section of the North-South Expressway (Photo: VNA)
Hanoi (VNA) – The Minister of Transport has issuedDirective 06/CT-BGTVT on speeding up public investment disbursement in2021 to successfully realise the socio-economic plan and State budget estimatefor the year.

Under the directive, the ministry aims to disburse at least 90percent of public investment planned for the year by the end of December and 100 percent by January 31, 2022. Capital left from 2020 is expected to bedisbursed within 2021.

The minister asked leaders of investors,project management boards and consultancy agencies to overcome difficulties andspeed up the implementation and disbursement of projects with high quality.

They should assign specific responsibilities to individualsto follow up the progress of projects and report to the ministry regularly, hestressed.

They were also requested to promptly complete biddingprocedures to choose contractors and consulting units, while finalisingprocedures on design and estimate adjustments and settlement process ofprojects, and strengthening supervision over projects’ progress andquality.

For projects which have just been added to the plan, it isnecessary to ask investors and project management boards to update the detailed disbursement plan for each month of 2021, the minister requested.

Currently, the ministry is implementing 19 major works andprojects. Investment procedures are being prepared for six projects, while 10others are being implemented and three are to be put into operation.

This year, the ministry is tasked with disbursing about 43.4 trillion VND(1.89 billion USD). So far, the ministry has allocated nearly 41 trillionVND to its units, reaching 95.2 percent of the yearly plan.

At the end of May, the ministry had disbursed about 13.51trillion VND, completing 32.7 percent of its plan and 32.1 percent of the planset by the Prime Minister./.
VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.