Investment in Vietnam

The Ministry of Planning and Investment will conduct a comprehensive examination of public investment projects this year, with a focus on State-budget management and bond use.

The inspection is part of a 2012 examination plan formulated under a decision made by the ministry to check on the progress of implementation of the Prime Minister’s instruction 1792/CT-TTg, which strengthens control of State budget and bond use.

The ministry will also check on plans to develop State budget funds for 2012 and State bonds for the 2012-15 period. Inspection will take place in 33 cities and provinces.

The ministry will examine State-budget management of investment and development between 2009 and 2011 in the northern provinces of Lang Son, Lai Chau and Vinh Phuc as well as the Central Highlands province of Gia Lai and the southern provinces of An Giang and Long An.

State management of tourist real-estate project implementation in southern Ba Ria-Vung Tau Province and projects contracted under the forms of BT, BOT and BTO (Build-Transfer, Build-Own-Transfer, and Build-Transfer-Own, respectively) in southern Binh Duong Province will also be investigated.

Two public investment projects on Ham Luong Bridge in the Mekong River Delta province of Ben Tre and the upgrade of Highways 10 and 21 in northern Nam Dinh Province will be inspected this year as well, according to the plan.

MPI’s inspection teams plan to conduct comprehensive investigations of investment, contract bids and implementation of the PM’s instructions in State-run bodies nationwide.

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