SUMMARY INFORMATION ON THE NEW CONCLUSIONS OF THE DOCTORAL THESIS

1. Thesis: “Mobilization and use of invested capital to build infrastructure of the new countryside in the area of Hanoi city”.

Speciality: Finance - Banking Code: 62.34.02.01

2. Fellow: Le Sy Tho

3. Scientific instructor: 1. Assoc Prof, Dr. Bui Duong Nghieu

2. Assoc Prof, Dr. Tran Van Giao

4. Training organization: Academy of Finance

5. New conclusions of the thesis

In theory:

- The thesis has codified theoretical basis of the new countryside and the infrastructure of the new countryside, which has clarified the internal concept of the "new" in these terms.

- The thesis has built a comprehensive theoretical framework for the mobilization, use of invested capital to build infrastructure of the new countryside, including investment funds can be mobilized and used, the mechanism to mobilize invested capital, the mechanism to use invested capital.

- The thesis has built a system of indicators to assess the results of the mobilization and use of invested capital to build infrastructure of the new countryside.

- The thesis has researched experiences frome some countries which have similar conditions to Vietnam in rural development and some localities in Vietnam, from which drawing 6 useful lessons for the mobilization and use of invested capital to build infrastructure of the new countryside.

In practice:

- The thesis has reviewed the general situation of implementation of the program of building a new countryside in Hanoi in 2011-2015, analyzed to clarify the current situation, identifying 6 issues in the mobilization and use of invested capital to build infrastructure of the new countryside in the area of Hanoi, namely: Lack of vision of integration, area linking and sustainable development of the new countryside; Lack of clarity and rationality of the state budget decentralization and separation of roles of each investment fund; The potential investement funds have been untapped, especially the resources from the community and the business sector; The use of invested capital in fact have not been according to plan; The control on invested capital is weak on estimates, lack of specific regulations for bulding the new countryside, the occurrence of leakage and waste; The role of the people and community have not promoted in the implementation of checks, financial monitoring.

- The thesis has built 3 leading point, then proposed 6 main solutions in the mobilization and use of invested capital to build infrastructure of the new countryside in the area of Hanoi in the future, including: Clear decentralization and logical assignment of the participation of investment funds; Maximize the state budget resources for the construction of new rural infrastructure; Strengthening of raising funds from the community and businesses; Implementation of the mechanism of interaction, harmonizing, mutual support between localities; Amend and supplement the mechanism and policies of the city on the management of invested capital to build infrastructure of the new countryside; Accelerating the implementation of the transparency, accountability, and checks, financial monitoring.

INSTRUCTOR 1
Assoc Prof, Dr. Bui Duong Nghieu / INSTRUCTOR 2
Assoc Prof, Dr. Tran Van Giao / FELLOW
Le Sy Tho