On November 30, the Capital of Hanoi inaugurated a public procurement centre, the first of its kind in Vietnam.
Chairman of Hanoi People’s Committee Nguyen Duc Chung said that the concentration of public procurement is a policy in line with international practice. It will contribute to reducing public spending and improving transparency. He also stressed that it is necessary to devise a plan for the efficient and transparent operation of the centre.
The centre operates under the city Department of Finance. It is in charge of public procurement for agencies in the city and also provides financial consultation services.
As of late 2016, 64 hospitals and health centres, 22 departments and 21 district administrations of the city have registered their public purchase, worth a total amount of 377 billion VND (166.7 million USD) at the centre.
Other News
- Hanoi ranks second in the E-Business Index
- Vietnam among Asia-Pacific's fastest growing economies: FedEx
- Vietnam’s stock market remains attractive investment channel: Expert
- Cuba appreciates Vietnam’s support in food and fisheries production
- Vietnam, China to step up cooperation strategy for mutual development
- PM orders urgent measures to address volatile gold prices
- Vietnam earns US$1.4 billion from rice exports in Q1
- Russia’s Zarubezhneft Group explores opportunity for offshore wind projects in Vietnam
- Vietnam poised to reap rewards of rebound in global demand: AMRO
- India, Vietnam seek strong development objectives: Ambassador
Trending
-
New Year of Asian countries celebrated in Hanoi
-
Hanoi Times Podcast - Apr. 27
-
Artifacts from Dien Bien Phu victory on display at Ho Chi Minh Museum
-
Introduction of community tourism area in Hanoi herb kingdom
-
Capital Law revision helps Hanoi promote role as nation’s socio-economic hub
-
IT training urged to focus on semiconductors
-
Voluntary social security should cover larger part of informal sector: Experts
-
ASEAN Future Forum 2024: Promoting regional centrality
-
Central bank moves gold auction to tomorrow