By Duc Minh May 25, 2021 | 03:32 pm GMT+7 VNExpresss
Men work on an expressway project in the southern province of Dong Nai in April 2021. Photo by VnExpress/Phuoc Tuan.
Vietnam will trim the list of public projects to around 5,000 after cutting at least 1,500 deemed unnecessary and ineffective.
This will improve investment efficiency, officials say. So far, around 1,050 projects have been cut from the country’s investment plan for the 2021-2025 period, according to the Ministry of Planning and Investment.
Prime Minister Pham Minh Chinh had asked authorities to stop scattering their investment and fight corruption in implementing projects.
He noted that some provinces with limited budgets have planned hundreds of projects for the 2021-2025 five-year period.
Localities need to exercise prudence, reduce regular spending and prioritize investment with focus on projects that boost socio-economic development, like dealing with natural disasters and taking care of the vulnerable people, he said.
PM Chinh also said that he is considering a mechanism for state investment to account for around half the funds needed for expressway projects in the 2021-2025 period, sourcing the rest from other investors.Related News:
Đăng bởi Trần Đình Hoành
I am an attorney in the Washington DC area, with a Doctor of Law in the US, attended the master program at the National School of Administration of Việt Nam, and graduated from Sài Gòn University Law School. I aso studied philosophy at the School of Letters in Sài Gòn.
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I have worked as an anti-trust attorney for Federal Trade Commission and a litigator for a fortune-100 telecom company in Washington DC.
I have taught law courses for legal professionals in Việt Nam and still counsel VN government agencies on legal matters.
I have founded and managed businesses for me and my family, both law and non-law.
I have published many articles on national newspapers and radio stations in Việt Nam.
In 1989 I was one of the founding members of US-VN Trade Council, working to re-establish US-VN relationship.
Since the early 90's, I have established and managed VNFORUM and VNBIZ forum on VN-related matters; these forums are the subject of a PhD thesis by Dr. Caroline Valverde at UC-Berkeley and her book Transnationalizing Viet Nam.
I translate poetry and my translation of "A Request at Đồng Lộc Cemetery" is now engraved on a stone memorial at Đồng Lộc National Shrine in VN.
I study and teach the Bible and Buddhism. In 2009 I founded and still manage dotchuoinon.com on positive thinking and two other blogs on Buddhism.
In 2015 a group of friends and I founded website CVD - Conversations on Vietnam Development (cvdvn.net).
I study the art of leadership with many friends who are religious, business and government leaders from many countries.
I have written these books, published by Phu Nu Publishing House in Hanoi:
"Positive Thinking to Change Your Life", in Vietnamese (TƯ DUY TÍCH CỰC Thay Đổi Cuộc Sống) (Oct. 2011)
"10 Core Values for Success" (10 Giá trị cốt lõi của thành công) (Dec. 2013)
"Live a Life Worth Living" (Sống Một Cuộc Đời Đáng Sống) (Oct. 2023)
I practice Jiu Jitsu and Tai Chi for health, and play guitar as a hobby, usually accompanying my wife Trần Lê Túy Phượng, aka singer Linh Phượng.
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