Thursday, September 20 2018


January budget deficit at $184m

Update: February, 13/2012 - 09:45
Viet Nam's budget deficit in January was VND3.87 trillion (US$184 million), with spending topping VND65.37 trillion ($3.11 billion), according to the Ministry of Finance.

It included public expenditure of VND11.4 trillion (nearly $453 million).

The ministry attributed a fall in revenues to the Tet festival and slowdown in manufacturing activity.

Thoi Bao Kinh Te Viet Nam (Viet Nam Economic Times)

Study to consider La Son-Tuy Loan expressway

The Ministry of Transport has approved a feasibility study for the 80-kilometre-long La Son-Tuy Loan expressway between Thua Thien-Hue Province and Da Nang city in the central region.

The VND21 trillion (US$1 billion) highway will be developed under the build-transfer form.

The four-lane expressway will allow vehicles to travel at 60-80 kilometres per hour. Construction is expected to begin in the middle of this year and be completed in 2015.

Tuoi Tre (Youth)

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