Major projects with State investment of at least 10 trillion VND (448.9 million USD) will be reviewed to calculate the exact total capital needed and avoid losses.
Hanoi (VNA) – Major projects wiꦦth State investment of at least 10 trillion VND (448♛.9 million USD) will be reviewed to calculate the exact total capital needed and avoid losses.
The Ministry of Planning and Investment (MPI) will work with relevant sectors and localities to investigate, Prime Minister Nguyen Xuan Phuc said at a recent meeting with the ministry.
The MPI is tasked with inspecting compliance with public investment regulations, reviewing the implementation of the Law on Public Investment and proposing measures to accelerate the disbursement of public investment capital.
It must also examine build-operate-transfer and public-private partnership projects to fine-tune regulations to attract more non-State capital.
While ensuring the transparency of bidding processes, the MPI also has to monitor the sale of public assets and evaluation of businesses with big land and trademark ownership.
The Cabinet leader asked for stronger administrative reforms to improve the investment climate as well as the competitiveness of the nation, enterprises and Vietnamese products.
Foreign invested projects that use high technology, manufacture high added-value products and are environmentally friendly should be prioritised. Start-ups also need optimal conditions to develop, the PM said.-VNA
Deputy Prime Minister Nguyen Xuan Phuc confirmed the Government has been cautious in public debts management via stabilising the macro economy and improving the investment environment.
Representatives of Ho Chi Minh City’s People’s Council’s eighth term on April 21 approved a public investment proposal on 1,277 projects with a total investment of 137 trillion VND until 2020.
Deputy Prime Minister Vuong Dinh Hue urged the State Capital Investment Corporation (SCIC) to strengthen operations for more effective use of State assets on April 26.
Local and international experts on May 10 met in Hanoi to discuss enhancing the effectiveness of public investment and measures to minimise risks in the public-private partnership (PPP) model.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.
Despite global economic uncertainties, Binh Duong has maintained strong momentum in both exports and industrial production during the first half of 2025.
A car moves on National Road 3 (Photo: VNA)
