Deputy PM anxious at slow allocation, disbursement of public investmen
Deputy PM anxious at slow allocation, disbursement of public investment
Deputy Prime Minister Vuong Dinh Hue was anxious about the slow allocation and disbursement of public investment and demanded clarifying the responsibility of related officials and agencies.
Deputy PM Vuong Dinh Hue speaks at the meeting (Source: VNA)
Hanoi (VNA) – Deputy Prime MinisterVuong Dinh Hue was anxious about the slow allocation and disbursement of publicinvestment in the first half of the year and demanded clarifying theresponsibility of related officials and agencies.
Chairing a meeting on the work in Hanoi on July4, the Deputy PM said the delay affected economic growth, State budgetcollection, job generation and the efficiency of capital use.
The Minister of Planning and Investment mustpinpoint the responsibilities of those involved in the work and report to thePrime Minister before July 30, he said.
The Ministry of Planning and Investment (MPI)reported at the meeting that the total investment capital from the State budget,excluding Government bonds, planned for 2017 is 307.15 trillion VND (13.5billion USD).
By the end of June, more than 303.07 trillionVND (13.3 billion USD) or 98.7 percent of the sum was allocated. The remaining4.074 trillion VND was capital intended for the national target programme onclimate change response and green growth, two new projects of the Ministry ofAgriculture and Rural Development and the northern mountainous province of HaGiang, and capital allocated by ministries, agencies and local administrationsin violation of rules.
Meanwhile, the accumulated Governmentbond-sourced investment for 2017 is nearly 66.46 trillion VND (2.9 billon USD),of which only close to 11.5 trillion VND (506 million USD) was allocated duringJanuary-June.
According to the Finance Ministry, by the end ofJune, disbursed investment capital stood at around 91.4 trillion VND (4.02billion USD), fulfilling just 25.6 percent of the target assigned by theNational Assembly and 29.6 percent of the plan approved by the Prime Minister.
Deputy PM Hue, who is head of the Government’sworking group instructing the acceleration of disbursement of public investmentcapital, asked the MPI to report on the causes of the delayed allocation ofcapital to the national target programme on climate change response and greengrowth. He noted that the PM hadapproved the investment portfolio for the programme in May.
He also requested the ministry to make a list ofministries, agencies and localities which wrongly allocated the publicinvestment.
The Deputy PM said the MPI must submit to thePrime Minister the plans on allocating the remaining State budget-sourcedinvestment capital and Government bonds no later than July 30.-VNA
The Prime Minister has asked ministries, agencies, municipal and provincial authorities to submit reports on the disbursement of public investment this year.
Minister of Planning and Investment Nguyen Chi Dung said that the ministry has proposed the Government issue a resolution on accelerating the disbursement of public investment capital.
Ministries, agencies and localities have been required to report on their implementation of Government Resolution No.60 on tasks and measures to step up the disbursement of public investment in 2016.
Prime Minister Nguyen Xuan Phuc has directed that each ministry and locality must devise a detailed plan to fulfill set targets, in which responsibilities of individuals and units must be specified.
Minister of Planning and Investment Nguyen Chi Dung was grilled about specific measures to mobilise social resources for development investment and the allocation of public investment capital.
Ha expressed his hope that cooperation in science and technology, agriculture, and natural resources would emerge as new focal points and engines of growth in Vietnam–China relations.
Giang said he believes that building on the solid foundation nurtured over the past half-century and the strong determination of both nations, the Comprehensive Strategic Partnership will continue to grow in a more robust, comprehensive, and extensive manner, thus bringing more practical benefits to the two nations' people.
Highlighting the transformative potential of the draft law in revitalising Vietnam’s railway industry, Hoang Van Cuong, a deputy of Hanoi, expressed his support for Article 39, which empowers the Prime Minister to issue a list of railway-related goods and services to be assigned or ordered from domestic enterprises for production.
According to the Ministry of Public Security, Hoan, formerly Deputy Minister of Labour, Invalids and Social Affairs, is under investigation for allegedly taking bribes in connection with a case involving the Hoang Long Construction and Manpower Supply JSC and related units.
Chairing a national conference on the organisation of the examination on June 18, the PM highlighted the historical significance of the examination, as the restructuring of provincial-level administrative units is underway and the two-tier local administration model is set to officially begin operations on July 1.
Right on the same day, the ministry issued its highest-level travel warning, urging Vietnamese citizens not to travel to Israel or Iran, and advised those already in these countries to swiftly consider evacuation or relocation plans.
From the struggles against colonialists and imperialists to the period of Doi moi (renewal) and international integration, the Vietnamese revolutionary press has always played a pioneering role on the ideological and cultural front, he said.
The Party leader's working session with the standing boards of the Party Committees of HCM City, Ba Ria – Vung Tau and Binh Duong, the VNA General Director's remarks on the occasion of the 19th OANA General Assembly, the launch of new NIC - Google initiatives aimed at bolstering AI entrepreneurship and digital literacy in Vietnam are among news highlights June 18.
Vietnam and Indonesia reaffirmed their commitment to strengthening cooperation in combating terrorism as it remains a threat to peace, security, and stability across their respective nations, the broader region, and the international community.
The Vietnamese representative also emphasised the shared responsibility of relevant parties to build trust, enhance cooperation, and jointly manage the risks of conflict, thus safeguarding long-term peace and stability in the East Sea.
The National Assembly on June 18 passed the law amending and supplementing a number of articles of the Law on Product and Goods Quality, with 408 out of 420 participating deputies voting in favour, accounting for 85.36% of the total.
The Party leader asked the new HCM City to embrace a multi-centre and integrated urban ecosystem where each development pole functions as a link complementary to and intelligently connected with each other in a harmonious whole.
The resolutions issued by the PM as well as ministries and ministry-level agencies reassign responsibility for 346 administrative procedures - 18 from district to provincial levels, 278 to commune level, and 50 eliminated.
Legislators are due to pass several amended laws, including the Law amending and supplementing several articles of the Law on Economical and Efficient Use of Energy, and the Law amending and supplementing several articles of the Law on Product and Goods Quality.
Vietnamese localities' readiness to implement the two-tier local administration model, the evacuation of 18 Vietnamese citizens from Iran, Petrovietnam's 11th ranking in the 2025 Fortune Southeast Asia 500 are among news highlights on June 17 evening.
The General Secretary underlined the resolve to achieve a growth rate of at least 8% in 2025, laying the groundwork for double-digit growth in the following period. He noted that these are mandatory targets, with no alternative path to success.
Restructuring and improving the quality of officials, civil servants, and public employees is no longer a choice, but an urgent requirement to transition from administrative management to governance in service of the people.
The Vietnamese Embassy in Israel has advised Vietnamese people living there to proactively prepare and seek ways to leave the country via land border crossings, especially toward Jordan or Egypt, when security and safety conditions allow.
Deputy PM Vuong Dinh Hue speaks at the meeting (Source: VNA) 
