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Vietnam disburses 2.4 bln USD of public investment in 2 months

HANOI
2024-03-11 15:02

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HANOI, March 11 (Xinhua) -- Vietnam disbursed nearly 60 trillion Vietnamese dong (2.4 billion U.S. dollars) of public investment in the first two months of this year, Vietnam News reported Monday, citing the Ministry of Finance.

According to the ministry, the total disbursed capital and the disbursement rate in January and February were higher than the same period in 2023.

Nearly 660 trillion dong (26.7 billion dollars) of public investment capital plan has been disbursed to ministries, central agencies and localities this year.

Specifically, 92.9 trillion dong (3.7 billion dollars) has been allocated for important national projects, highway projects, coastal roads and key projects. The capital allocated for national target programs amounts to 27.2 trillion dong (1.1 billion dollars).

Vietnam plans to allocate about 657 trillion dong (26.82 billion dollars) of public investment capital in 2024, mostly for transport infrastructure development, according to the Vietnamese government.
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