Investment capital from the State budget in February is being concentrated by ministries, sectors, and localities to implement work immediately after the Lunar New Year holiday, speeding up the progress of implementing public investment projects from the early months of the year, especially transitional projects.
Specifically, the investment capital implemented from the State Budget in February is estimated at VND 26.9 trillion, down 13.1% compared to the same period last year, including: central-managed capital reaching VND 4.7 trillion, down 20.7%; locally-managed capital reached VND 22.2 trillion, down 11.3%. In total for the first two months of 2024, the implemented investment capital from the State budget is estimated at over VND 59.8 trillion, equal to 8.4% of the annual plan and up 2.1% compared to the same period last year (the same period in 2023 was equal to 8% and up 21.8%).
Specifically, the investment capital implemented by the central authorities is estimated at VND 9.5 trillion, equal to 8% of the annual plan and down 8.8% compared to the same period last year.
Investment capital implemented from the State budget
for the first two months of the year by ministries and sectors. Source: TCTK |
The investment capital implemented by the local authorities is estimated at VND 50.3 trillion, equal to 8.5% of the annual plan and up 4.4% compared to the same period last year, including:
Provincial-level State budget capital reached 33.3 trillion VND, equal to 7.9% and up 3.1% compared to the same period in 2023;
District-level State budget capital reached 14.7 trillion VND, equal to 9.7% and up 7%;
Commune-level State budget capital reached 2.3 trillion VND, equal to 11.2% and up 6.5%.
The investment capital implemented from the State budget for the first two months of 2024 of some provinces and centrally-run cities is as follows:
Investment capital implemented from the State budget
for the first two months of the year by some localities. Source: TCTK |
The total registered foreign direct investment capital in Vietnam as of February 20, 2024 includes: newly registered capital, adjusted registered capital, and value of capital contribution, share purchase by foreign investors reaching nearly USD 4.29 billion, up 38.6% compared to the same period last year.
