Mr. Nguyen Thanh Phong, member of the Central Party Committee, Chairman of the People's Committee of Ho Chi Minh City, on November 3 chaired a meeting on economic, cultural, and social situation and national defense and security in October and the first ten months of the year, and deploy missions and solutions for November.
Director of the HCMC Department of Planning and Investment Le Thi Huynh Mai said that Ho Chi Minh City has allocated VND41,691 billion (US$1.7 billion) for public investmen to beef up public construction projects.
Director General of the Department for Local and Regional Economy under the Ministry of Planning and Investment Tran Duy Dong said that according to the government and the Prime Minister’s instructions, inspectors from the Ministry will speed up public investment disbursement in the Mekong Delta.
Prime Minister Nguyen Xuan Phuc on January 10 asked the Finance Ministry to work closely with the Ministry of Planning and Investment to step up public investment disbursement.
The Government has asked the Ministry of Planning and Investment (MPI) to focus on removing difficulties and speeding up the progress of public investment disbursement.
Disbursement of public investment capital was only VND68,548 billion (US$2.95 billion) from January to April this year, meeting 16.45 percent of the National Assembly target, according to the Ministry of Finance.