Topic: investment capital

They include projects connecting with main axis and seaports.

The credit contract was signed on June 1 with the presence of PM Pham Minh Chinh.

The province licensed 40 new FDI projects in 4M.

Total investment capital estimated at $196 million.

The development of renewable energy alone needs some $134.5 billion, according to a UNDP official.

New 56.9-km link in south-central province to cost $81mln.

Disbursed investment in August from the State budget managed by Hanoi reached VND4.188 trillion ($178 million), up 2.2-fold year-on-year. Investors and construction units have focused their resources on speeding up construction progress at key projects to boost disbursement and create a driver for the capital’s development.

Foreign investment projects in the first seven months of this year are maintaining development momentum.

With its recovery in production and business, northern Vinh Phuc province’s gross regional domestic product (GRDP) increased 10.1 per cent year-on-year in the first half, putting it in the Top 10 nationwide in terms of growth. The province was also among the leaders in FDI attraction, with ten projects and total investment capital of more than $225 million in the period.

According to the Ministry of Finance (MoF), the disbursement of investment capital in the first half of 2022 reached 27.75 per cent of the plan. More than VND58 trillion ($2.49 billion), or 10.78 per cent of the plan, has not been allocated by some ministries, central agencies, and localities. The Ministry has proposed cutting unallocated expenditure to supplement the implementation of the Economic Development and Recovery Program.