Ho Chi Minh City targets to disburse 95 percent of allocated public investment in 2023

Ho Chi Minh City was allocated VND70 trillion (US$3 billion) in public investment this year, double the figure last year, and the city set a target to disburse over 95 percent of the amount. Based on lessons drawn from last year, the city proposed solutions to improve public investment disbursement in 2023. Up to 56 percent of the total public investment was disbursed in the last months of the year. Based on lessons drawn from last year, the city proposed solutions to improve public investment disbursement in 2023. Up to 56 percent of the total public investment was disbursed in the last months of the year.