The sluggish disbursement of public investment is attributable to the combination of three major factors.

By changing the form of investment, construction of the expressway could start in the third quarter of 2020 instead of the first quarter of 2021 at the earliest.

Amid a slowdown in private investments and consumption, expert suggested public spending is essential to spur economic growth and ensure decent living standards for the people.

This difficult period is an opportunity for the city to streamline the organization and lay off irresponsible staff, said Secretary of the Hanoi Party Committee Vuong Dinh Hue.

Hanoi continues to encourage the business community to join the city’s efforts in restructuring the agricultural sector.