Vietnam Invests VND20.12T in Q1: GSO
Vietnam is estimated to have invested up to VND20.119 trillion (US$1.19 billion) of state budget in the first quarter this year, making up 17.8 per cent of the year's target, the government's General Statistics Office said on March 27.
In March, the Southeast Asian country is estimated to have injected VND8.294 trillion, the GSO said.
Of that sum, VND7.15 trillion is invested by the central government and VND12.968 trillion is local governments.
Among ministries, the Ministry of Transport accounts for VND1.09 trillion, followed by the Ministries of Agriculture and Rural Development and Health.
Among localities across Vietnam, Hanoi and Ho Chi Minh City account for VND2.629 trillion and VND1.116 trillion.
In the first quarter, Vietnam's economy is estimated to have risen 3.1 per cent, much lower than 7.4 per cent in Q1 of 2008 amid the global downturn. (GSO)
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