According to the Ministry of Finance, the disbursement of the state budget capital as of the end of July stood at nearly $8.1 billion, accounting for 34.47 per cent of the yearly plan and a slight on-year reduction. Of this, one centrally-run agency and 11 localities reported disbursement at more than 50 per cent, 17 ministries and agencies have reported less than 10 per cent, and the remaining met the national average. Some major infrastructure projects are delayed and costs are only going to go up in that case, Le Toan Specifically, in Ho Chi Minh City, the disbursement of public investment in the first seven months accounted for about 15 per cent of the total allocated capital or almost $1.4 billion. This figure includes $108 million from the central budget and $1.28 billion from local funds. Many important works in the city have yet to expense anything, including one project for green traffic development, a water improvement initiative in the Tau Hu-Ben Nghe-Doi-Te … [Read more...] about Direction for disbursement tightened after mixed results
The public investment plan of 2022
Hanoi to further boost investment in education, training
Tran The Cuong, Director of the municipal Department of Education and Training, said on August 12 that during 2021 - 2025, Hanoi plans to invest over VND 20.9 trillion (USD 893 million) in 653 education and training projects. As of June, the capital had 2,835 schools with 70,199 classes, over 2.2 million students, 138,000 teachers, and 72,796 classrooms. About 64.3% of schools citywide met national standards, with public schools accounting for 79%. Authorities have paid attention to developing educational infrastructure, the official went on, adding that this year, the sector will also push ahead with measures for further improving educational quality. In the 2021 - 2022 academic year, Hanoi had 51 new schools built and established with total investment of nearly VND 2.89 trillion, while 605 schools were upgraded and repaired at a total cost of almost VND 5 trillion. Besides, more than VND 1.46 trillion from the city and its localities’ budgets was allocated to the procurement of … [Read more...] about Hanoi to further boost investment in education, training
Hanoi to spend nearly $3.9ml on overseas training for public officials
The capital city will give priority to young cadres or female cadres. Hanoi has made a plan to spend nearly VND90 billion (US$3.9 million) to train public servants in developed countries, according to the municipal People’s Committee. The committee said early this week that its overseas training project will focus on refreshing and enhancing professional knowledge and skills for around 500 cadres, civil servants, and public employees from the city’s six departments during the 2022-25 period. These departments need to make detailed plans for their qualified employees to take such refresher courses in Australia, Germany, France, Japan, New Zealand, Singapore, the US and among others, the committee added. It noted that the training courses are expected to upskill Hanoi’s employees, thereby strengthening their work effectiveness and contributing to the capital city’s management efficiency. A staff guides a local resident administrative documents at an office … [Read more...] about Hanoi to spend nearly $3.9ml on overseas training for public officials
