November 2023

Volume 06 Issue 11 November 2023
Public Financial Management in Vietnam: A Study for the Investment in Infrastructure Construction in Vietnam
Duc Toan Do
PhD student at the University of Economics and Business, Vietnam National University
Correspondence: Duc Toan Do, PhD student at the University of Economics and Business, Vietnam National University, Hanoi, Vietnam
DOI : https://doi.org/10.47191/ijsshr/v6-i11-58

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ABSTRACT

The topic of infrastructure investment is becoming more prominent, to enhance infrastructure quality and support economic and trade development, particularly in developing countries. However, there are still some obstacles that countries confront when investing in infrastructure construction in economic regions, most notably the issue of public financial management. As a result, this study investigates key elements influencing public financial management in the field of economic infrastructure-building investment in 11 provinces in the Red River Delta area. According to research findings, the three most influential variables in public financial management are (i) investment management, (ii) planning management, and (iii) supervision and inspection. Simultaneously, it highlights shortcomings in the public financial management process, presenting recommended remedies with the goal of effective, transparent, and sustainable development.

KEYWORDS:

Infrastructure, public finance, infrastructure construction, Vietnam

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Volume 06 Issue 11 November 2023

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