Certain ministries and localities, however, record declines.
Investment capital from the State budget was estimated at VND20.3 trillion ($896 million) in August, including VND3.9 trillion ($174.5 million) of central-level capital and VND16.3 trillion ($721.4 million) of local-level capital, according to figures from the General Statistics Office (GSO).
The first eight-month figure was VND132.5 trillion ($5.83 billion), equal to 64.3 per cent of the annual plan and a 3.4 per cent increase compared with the same period last year. Central-level capital totaled VND26 trillion ($1.14 billion), or 63.9 per cent of the annual plan, and was 1.3 per cent against the first eight months of last year.
Capital from the Ministry of Transport stood at VND4.3 trillion ($192.1 million) in the first eight months, 63.5 per cent of the annual plan and 8.4 per cent higher year-on-year.
The Ministry of Agriculture and Rural Development’s investment capital stood at VND1.87 trillion ($82.4 million), representing 65.5 per cent of the annual plan and 5.6 per cent lower than in the first eight months of last year.
Investment capital from the Ministry of Construction stood at VND1.1 trillion ($47.5 million), or 69.6 per cent of the annual plan, and a year-on-year decline of 4.6 per cent.
Investment Capital from State Budget managed by central agencies
Local-level investment capital stood at VND106.5 trillion ($4.68 billion) in the first eight months, 64.4 per cent of the annual plan and increasing 4.6 per cent year-on-year.
Provincial investment capital reached VND73.6 trillion ($3.2 billion), 60.8 per cent of that planned for the year and up 6.1 per cent.
Hanoi’s investment capital totaled VND14.1 trillion (622.7 million), 70.2 per cent of the annual plan and a decline of 4.5 per cent against the same period last year.
Investment capital from the State Budget managed by Ho Chi Minh City was VND10.5 trillion (463.9 million), 54.7 per cent of the annual plan and 4.6 per cent higher year-on-year.
Investment capital from State Budget managed by provinces