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

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).

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

Less than one third of public investment allocated for 2020 has been disbursed

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.

(Source: NDO)