Hanoi: More than 9.66 trillion VND (308.46 million USD) from the central budget has been allocated to localities this year to implement the 2021-2025 national target programme on new-style rural area development. The Ministry of Finance reported that most of the target localities have completed their disbursement.

According to Vietnam News Agency, statistics show that the total central budget earmarked during the 2021-2024 period stands at 32.265 trillion VND, meeting 77.4% of the funding target set for 2021-2025. Under the programme, at least 80% of communes nationwide are expected to be recognised as new-style rural areas by 2025, with around 40% of them projected to win the advanced new-style rural area title, and 10% exemplary new-style rural areas.