Funding urged for project linking Con Dao with national grid

Funding urged for project linking Con Dao with national grid

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.
The An Phu intersection in District 2. (Photo: SGGP)

HCMC proposes capital allocation to speed up progress of key projects

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.
The State budget revenue in HCM City declined in the first half of 2020 (Photo: VNA)

H1 State budget revenue in HCMC plummets

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.
SHTP submits over US$966 million to state budget

SHTP submits over US$966 million to state budget

The Saigon Hi-tech Park (SHTP) on its 17th anniversary of establishment announced its impressive achievements, including the submission of more than $966 million to the state budget so far.

Saigon Innovation Hub (SIHUB) (Photo: SGGP)

HCMC uses state budget to build startup center

Ho Chi Minh City authorities will use VND320 billion ($1,379,801) to build a startup center which is expected to open in 2022 or 2023 as per a proposal of the municipal People’s Committee.