Prime Minister Le Minh Hung said that in this term, the Central Government requires cutting public investment projects by at least 30% further, after the previous term saw about 5,000 projects nationwide, to concentrate resources on projects with broad impact. Investment efficiency should be assessed across the full project lifecycle, covering social benefits and contributions to infrastructure, living standards and social security, with priority for poverty reduction, support for ethnic minority and disadvantaged areas, national defense and security, health, education and culture. The draft amended public investment law proposes dropping the separate investment policy approval step for Group C projects, which made up over 60% of projects in the recent period, and integrating those contents into the investment decision step, while Group A, Group B and nationally important projects would still require that step. The Prime Minister also stressed the leading role of the central budget and that simplifying procedures must go hand in hand with strict control.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Thủ tướng Lê Minh Hưng yêu cầu tiếp tục giảm tối thiểu 30% số dự án đầu tư công, dồn vốn cho công trình trọng điểm, có tác động lan toả
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Related tickers and likely impact
CTD
▼ Likely negativeCOTECCONS
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Construction & Materials |
| Industry | Heavy Construction |
| Market cap | 7,324 bn VND |
| P/E | 9.3 |
| P/B | 0.76 |
| Close on 10/23/2026 | 67.00 |
| Change that session | +2.29% |
HHV
▼ Likely negativeDeo Ca Traffic
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Industrial Goods & Services |
| Industry | Transportation Services |
| Market cap | 5,596 bn VND |
| P/E | 8.9 |
| P/B | 0.49 |
| Close on 10/23/2026 | 9.66 |
| Change that session | -0.82% |
VCG
▼ Likely negativeVinaconex
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Real Estate |
| Industry | Real Estate Holding & Development |
| Market cap | 10,822 bn VND |
| P/E | 2.6 |
| P/B | 0.99 |
| Close on 10/23/2026 | 15.45 |
| Change that session | -0.32% |
VNINDEX
• NeutralRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 10/23/2026 | 1,774.15 |
| Change that session | +0.77% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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