Vietnam’s public investment estimated at VND156 trillion in first half

Tuesday, 2020-07-07 12:16:26
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Less than one third of public investment allocated for 2020 has been disbursed.
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NDO - Vietnam’s public investment disbursement in the first half of 2020 was estimated at VND156 trillion (US$6.7 billion), according to the Ministry of Planning and Investment (MPI).

The figure is equivalent to 33.1% of the target set by the National Assembly, higher than the 28.56% recorded during the same period in 2019.

The MPI said that disbursement of domestic capital was estimated at VND142 trillion (US$6.1 billion), while foreign capital disbursement is at VND5.7 trillion (US$250,000).

Disbursed capital from national target programmes reached VND7.5 trillion (US$324,000).

Four ministries and six provincial governments reported disbursement rates of over 50% while ten ministries have spent less than 5% of the capital allocated to them.