Public investment to offer backbone for infrastructure

With the economy gradually bouncing back, Vietnam will continue speeding up the disbursement of public investment this year, with a focus placed on infrastructure development in order to spur on economic growth this year and beyond.

Hanoi is among many other localities showing strong determination in boosting public investment with a focus laid on infrastructure development before 2025.

Last November, the NA adopted a resolution on the 2021-2025 medium-term investment plan (MTIP), with the prime target to “continue effectively restructuring public investment, reduce the ratio of public investment in the total development investment to attract more private investment and create clear changes in infrastructure development.”

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