Ho Chi Minh City strives to achieve 100% disbursement rate of public investment capital in Vietnam

Ho Chi Minh City strives to achieve 100% disbursement rate of public investment capital in Vietnam
Le Hai

On August 21, 2020, the Office of the Government of Vietnam issued Announcement No. 307/TB-VPCP regarding the Conclusion of Prime Minister of the Government of Vietnam Nguyen Xuan Phuc at the working session with the leadership of Ho Chi Minh City on accelerating the disbursement of public investment capital and resolving difficulties in implementing investment projects.

To practically and effectively contribute to the socio-economic development of the country, Ho Chi Minh City must resolutely push forward with the implementation and disbursement of public investment capital, striving to achieve a 100% disbursement rate, focusing on several key areas as follows:

- Concentrate on measures to stimulate consumption, affirming Ho Chi Minh City’s position as the nation's wholesale and retail center with a diverse range of services;

- Strongly orient development in services, especially tourism real estate, industrial real estate, finance and banking, securities, tourism, and urban development;

- Research and promote the development of the night economy, along with strengthening the organization and management of the night economy, ensuring security and order;

- Promote growth through the development of the digital economy, e-commerce, encouraging the population to use e-commerce, and utilize smartphones in payments and transactions;

- …

For more details, refer to Notice 307/TB-VPCP issued on August 21, 2020.

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