Day: May 6, 2023

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Four-month public capital disbursement reaches 14.66% of year’s target

More than 110.6 trillion VND (4.7 billion USD) of public investment was disbursed in the first four months of this year, equivalent to 14.6% of the yearly target and lower than the 18.48% in the same period last year, according to the Ministry of Finance.

Only three ministries and 19 localities recorded a disbursement rate of over 20%; while 47 ministries and centrally-run agencies, and 27 localities had disbursement rates of less than 15%, it said.

To speed up the work, the ministry suggested the Prime Minister assign the Ministry of Planning and Investment (MPI) to issue specific guidance on conditions for allocating capital regarding medium-term and annual public investment.

Ministries, central agencies and localities were requested to submit reports on the progress of disbursement.

The MPI was asked to soon complete the dossier and report to the Government on the extension of implementation and payment of public investment capital from the 2022 State Budget to the following year for ministries, central agencies and localities./.

Source: Vietnam News Agency

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Gorilla Technology Group to Participate in Upcoming Investor Event

LONDON, May 05, 2023 (GLOBE NEWSWIRE) — Gorilla Technology Group Inc. (“Gorilla”) (NASDAQ: GRRR), a global provider of AI-based edge video analytics, IoT technologies, and cybersecurity, today announced its participation in the following investor event:

  • 18th Annual Needham Technology & Media Conference. This in-person event will be held in New York City, from Tuesday, May 16 to Thursday, May 18, 2023.

This information is also available in the Events section of the Company’s IR website: https://investors.gorilla-technology.com/.

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About Gorilla Technology Group Inc.
Gorilla, headquartered in London U.K., is a global solution provider in security intelligence, network intelligence, business intelligence and IoT technology. Gorilla develops a wide range of solutions including Smart Cities, Smart Retail, Enterprise Security, and Smart Media. In addition, Gorilla provides a complete Security Convergence Platform to government institutions, telecom companies and private enterprises with network surveillance and cyber security.

Gorilla places an emphasis on offering leading technology, expert service, and precise delivery, and ensuring top-of-the-line, intelligent and strong edge AI solutions that enable clients to improve operational performance and efficiency. With continuous core technology development, Gorilla will deliver edge AI solutions to managed service providers, distributors, system integrators, and hardware manufacturers. For more information, please visit our website: Gorilla-Technology.com.

Forward-Looking Statements
This press release contains forward-looking statements, which are based on estimates, assumptions, and expectations. Actual results and performance could differ materially and adversely from those expressed or implied in forward-looking statements. Gorilla does not undertake any obligation to update any forward-looking statements, except as required by law.

Media Contact:
Jeff Fox
The Blueshirt Group for Gorilla
+1 (415) 828-8298
jeff@blueshirtgroup.com

Investor Relations Contact:
Gary Dvorchak
The Blueshirt Group for Gorilla
+1 (323) 240-5796
gary@blueshirtgroup.com

Scott McCabe
The Blueshirt Group for Gorilla
+1 (917) 434-3275
scott@blueshirtgroup.com

GlobeNewswire Distribution ID 8833172