THE RELATIONSHIP BETWEEN PUBLIC AND PRIVATE INVESTMENTS IN ECONOMIC DEVELOPMENT

Abstract

Public investment plays a very important role in economic development in Vietnam, which not only contributes directly to GDP but also promotes private investment through infrastructure systems such as electricity, roads, schools and stations... In Vietnam, although public investment institutions have been gradually improved in the past years, public investment management has been strengthened towards publicity, transparency and efficiency, there are limitations and obstacles that need to be overcome.