HCMC for the first time awards 500 billion VND in projects to 4 wards for good public investment disbursement

Ho Chi Minh City has implemented a new policy, marking the first time it has awarded projects to local administrative units that have demonstrated outstanding performance in public investment capital disbursement. The total value of these awarded projects amounts to 500 billion VND. This initiative aims to encourage and acknowledge the efforts of ward-level administrations in effectively implementing and completing public investment projects. Timely and efficient disbursement of public funds is a crucial factor contributing to the city's socio-economic development. The four wards honored and receiving awards in this round are An Lạc, Đông Hòa, Bình Đông, and Dĩ An, highlighting a focus on improving the efficiency of public fund management and utilization at the grassroots level. Key points * HCMC is awarding projects to localities for the first time. * The total value of the awards is 500 billion VND. * Four wards received awards for good public investment disbursement: An Lạc, Đông Hòa, Bình Đông, Dĩ An. Nguồn / Source: Thanh Niên - Thời sự