Ho Chi Minh City, May 12 -- Ho Chi Minh City is stepping up efforts to accelerate public investment disbursement after releasing just 10.5% of its 2026 capital plan in the first four months of the year, as the southern economic hub identifies public spending as an important driver for achieving its double-digit growth target. The city was allocated a record 147.599 trillion VND (5.6 billion USD) in public investment capital for 2026, up 22.6% from last year and accounting for nearly 14.6% of the nation's total public investment budget. However, disbursement by the end of April remained below the national average. The municipal Department of Finance attributed the slowdown largely to the restructuring of the public investment management sy...
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