Several rural clean water supply works in the Central Highlands province of Dak Lak were built with investment capital of up to tens of billions of Vietnamese dong but failed to promote their effectiveness and have been abandoned. The State budget is wasted while people are still longing for clean water.
Vietnamese gov’t plans to keep 2022’s monetary and fiscal policies as lax as as part of the Socio-Economic Development Strategy for the 2021-2030 period in 2022, with a GDP growth target of 6-6.5 percent and inflation control below 4 percent.
The Government has proposed a package of fiscal solutions worth VND291 trillion (nearly US$12.8 billion) in total to support socio-economic recovery and development.
Many economic experts have suggested tapping a multiple number of sources for contributions for providing proper housing for workers, instead of just relying on State budget.
Vietnam’s master plan on developing domestic seaport network over the next 10 years, with a vision to 2050, will focus on the development of six major port clusters, Minister of Transport Nguyen Van The has said.
The southern province of Ba Ria-Vung Tau has urged the Ministry of Industry and Trade and the Vietnam Electricity (EVN) to promptly allocate funding to a project to connect Con Dao island of the province with the national grid, with nearly VND2.53 trillion (US$110.88 million) to be channeled from the State budget in the 2021-25 period.
Ho Chi Minh City needs nearly VND686 trillion (US$29.8 million) for its mid-term investment plan for the 2021-25 period, heard the first meeting of the 10th municipal People’s Council on June 25.
Mr. Nguyen Chi Dung, Minister of the Ministry of Planning and Investment (MPI), visited some places that are blockage points of flooding, environmental pollution, traffic congestion, and medical overload in Ho Chi Minh City on January 4, with the participation of Vice Chairman of the municipal People's Committee Vo Van Hoan, Director of the Department of Planning and Investment of HCMC Le Thi Huynh Mai, and leaders of departments of HCMC.
Ho Chi Minh City witnessed a sharp fall in the State budget revenue but a surge in spending during the first half of 2020 due to COVID-19 impact, according to the municipal Statistics Office.
Lawmakers continued voicing their opinions on issues related to socio-economic development and State budget on June 15 at the 14th National Assembly’s on-going ninth session.
