Quang Ninh sees slow disbursement of public investment capital
Public investment disbursement in the northern province of Quang Ninh reached 27 percent as of mid-June, much lower than the target, according to the provincial Department of Planning and Investment.
Quang Ninh (VNA) - Public investment disbursement in the northern province of Quang Ninh reached 27 percent as of mid-June, much lower than the target, according to the provincial Department of Planning and Investment.
The department reported that the province has disbursed nearly 4.4 trillion VND (189 million USD) of the 16.28 trillion VND (700.2 million USD) of total public investment it has been allocated for the whole year.
Earlier, the province set a target of disbursing 50 percent of the total capital by June 30, 80 percent by September 30 and 100 percent by December 31.
To fulfill its tasks for the year, Quang Ninh has rolled out a number of measures to remove difficulties facing business and production activities, speed up the disbursement of public investment capital, and ensure social security in the post-pandemic period.
Along with asking investors to focus on speeding up their projects, the province has accelerated investment procedures for 12 new projects with combined capital of over 2.19 trillion VND, as well as the national target programme on new-style rural area building.
At the same time, it has worked to shorten times for administrative procedures, while speeding up ground clearance for projects, promoting the role of its special taskforce for the disbursement of public capital in 2022, and transferring capital from slow projects to more urgent ones.
ꦫ The province is scheduled to organise a thematic conference to give guidance to investors in processing administrative procedures for their projects./.
Customs clearance activities at the Ka Long international border gate in the northeastern province of Quang Ninh’s Mong Cai city were resumed on June 17 after over three years of suspension due to the COVID-19 pandemic, marking the return to normal operation at all border gates and openings in the city.
Nguyen Xuan Ky, member of the Party Central Committee and Secretary of the Quang Ninh Provincial Party Committee, hosted a reception on June 18 for President of the Assembly of Mozambique Esperanca Laurinda Francisco Nhiuane Bias, who has been paying an official visit to Vietnam.
The northeastern province of Quang Ninh in collaboration with the Indian Embassy in Vietnam organized the 8th International Yoga Day 2022 with theme "Yoga for Humanity" on June 21.
The northern province of Quang Ninh posted an estimated growth rate of 10.66% in Gross Regional Domestic Product (GRDP) in the first six months of this year, which is 2.64 percentage points higher than the rate in the same period of 2021.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
