WHAT'S NEW

HCM City approves 2019 road maintenance outlay

by LV03 June 2019 Last updated at 12:45 PM

The HCM City People’s Committee has approved 227 billion (US$ 9.7 million) for road maintenance this year.

Caption: The HCM City administration has allotted 227 billion (US$ 9.7 million) for road maintenance this year.

It also instructed the Road Maintenance Fund to hand over to the Department of Transportation VNĐ52.5 billion ($2.2 million) it had failed to use last year.

The money cannot be returned to the city’s coffers.

The fund has also been asked to explain the causes, responsibilities and how it plans to deal with cases of slow financial settlement and not complying with the approved schedule.

The People’s Committee has asked the Ministry of Planning and Investment to speed up disbursement of official development assistance (ODA) funds to speed up work on several projects in the city.

HCM City has 11 projects funded by ODA underway costing more than VNĐ104 trillion ($ 4.6 billion). LV

Top VND Exchange Rates

Auto-refesh 15m

USD

EUR

AUD
1 VND
Inverse:
0.00004
22,510.0
0.00004
25,226.0
0.00006
15,674.0

Mid-market rates: 2020-07-13 18:18 UTC

WEATHER FORECAST