SOLUTIONS TO IMPROVE THE PUBLIC INVESTMENT EFFICIECY AT VUNG LIEM DISTRICT, VINH LONG PROVINCE

Abstract

Public investment is the State’s investment activity to serve the society needs and community benefits. The public investment research has been carried out in terms of the economic sectors, in which public investment funds have effect. By using the statistical method and Hlv(GO), this study evaluated the economic efficiency of investment capital for each economic sector and the economy as a whole. The study found that public investment in Vung Liem district from 2012 to 2016 mainly focused on infrastructure construction, followed by agriculture, but the investment efficiency was not inadequate. On the contrary, the industries - small handicrafts, trades and services have not been properly invested but the investment efficiency was quite high and relatively stable. This is due to the lack of focus on investment resources the, investment process spreading and scattering, not found breakthrough in each sector. This shows that public investment in Vung Liem is effective, but there are many limitations to overcome. Research results are useful references for defining breakthroughs and practical solutions to improve the district’s public investment efficiency