Over 6 bln USD earmarked for national socio-economic recovery
Prime Minister Pham Minh Chinh has issued a decision earmarking over 147 trillion VND (6.39 billion USD) from the State budget for ministries, agencies and localities to carry out the socio-economic recovery and development programme.
aa
Sao chép liên kết
Illustrative image.
They must use public investment capital in line with the National Assembly’s resolution and relevant legal regulations on this issue, he stressed.
In case projects need more capital than the State budget allocated for the programme, localities must be responsible for arranging enough local budget for them during 2021-2025.
The Ministries of Health, Agriculture and Rural Development, Labour-Invalids and Social Affairs must instruct ministries and localities to use the assigned capital for the right purpose and effectively.
Meanwhile, the Ministries of Planning and Investment, and Finance must be responsible to the PM, inspection, audit agencies and those concerned for the correctness of reported data in line with the laws./.
Clean land funds in prime southern industrial locations are becoming increasingly scarce as competition intensifies, with sites near Long Thanh International Airport drawing strong investor interest.
Vietnam Container Shipping, a leading logistics provider, announced the acquisition of a 65 per cent equity interest in Harbour City Co. Ltd on March 16, to implement a real estate project in Haiphong city.
Sun Group has become the controlling shareholder in newly established Vietnam Digital Asset JSC, committing 64 per cent of its initial $40 million charter capital.
A consortium between Hateco and the Netherlands' APM Terminals will develop the Lien Chieu container port in Danang with an investment of $1.76 billion.
Electronics retail chain Dien May Xanh, under Mobile World Investment Corp, plans an initial public offering by selling 180 million shares, or a 16 per cent stake.