Public investment hits five-year high

  • Photo: A production line of Toyota Vietnam, Japan's auto manufacturer, in the northern province of Vinh Phuc. VNA Photo: Danh Lam
    Photo: A production line of Toyota Vietnam, Japan's auto manufacturer, in the northern province of Vinh Phuc. VNA Photo: Danh Lam
  • Photo: A production line of Toyota Vietnam, Japan's auto manufacturer, in the northern province of Vinh Phuc. VNA Photo: Danh Lam
    Photo: A production line of Toyota Vietnam, Japan's auto manufacturer, in the northern province of Vinh Phuc. VNA Photo: Danh Lam
  • Photo: A production line of Toyota Vietnam, Japan's auto manufacturer, in the northern province of Vinh Phuc. VNA Photo: Danh Lam
    Photo: A production line of Toyota Vietnam, Japan's auto manufacturer, in the northern province of Vinh Phuc. VNA Photo: Danh Lam
  • Photo: A production line of Toyota Vietnam, Japan's auto manufacturer, in the northern province of Vinh Phuc. VNA Photo: Danh Lam
    Photo: A production line of Toyota Vietnam, Japan's auto manufacturer, in the northern province of Vinh Phuc. VNA Photo: Danh Lam
Public investment in August and the first eight months of this year increased 45.4 percent and 30.4 present year-on-year, respectively, according to the General Statistics Office (GSO). The investment hit five-year high, reaching 47.4 trillion VND (2.0 billion USD) in August and 250.5 trillion VND between January and August. In the eight months, the amount of capital under the management of the central government was 41.2 trillion VND, equivalent to 48.7 percent of the yearly target and up 65.1 percent against the same period last year; and the volume of capital under the management of local administrations was 209.3 trillion VND, equivalent to 51.1 percent of the yearly target and a year-on-year rise of 25.2 percent. VNA Photo: Danh Lam

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