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Unprecedented Reasons Surface as Multiple Provinces Fail to Utilize ODA Funds
As of October 14th, the disbursement rate of foreign-funded public investment projects across ministries, sectors, and localities stands at a mere 18.68%. Official Development Assistance (ODA) projects are facing significant bottlenecks, partly due to the consolidation of provinces and the implementation of the two-tier government model.
Why FDI Waves Reversed, Costing Northern Vietnam’s Largest Industrial Hub Its Crown
After four months of provincial mergers, Vietnam's economic landscape is beginning to reveal a fresh palette of opportunities. The consolidation and expansion of development spaces have not only facilitated infrastructure connectivity and resource sharing among localities but have also rapidly amplified the ripple effect in attracting foreign direct investment (FDI).
Strategic Road Network Progress in Hưng Yên: Upcoming Project Set to Commence in October
On the morning of October 15th, the People's Committee of Hung Yen Province convened a meeting to review the progress of key transportation projects in the area. The session was chaired by Vice Chairman of the Provincial People's Committee, Lai Van Hoan, and featured a report from the Project Management Unit No. 2 on the implementation status of these critical initiatives.
