Vietnam is in the performance of industrialization and modernization of the country. Along with the economic – cultural – social development, construction investment activities are growing in both scale and quality. The formulation and management of construction investment costs are always improved in terms of content as well as calculation methods in the direction of management and strict control of costs, but creating the right to be proactive, improve responsibility, power of the person deciding to invest and the investor. However, in fact, there are still many obstacles, lack of grounds for determining costs, incomplete construction price and norm system, “latency” compared to market movements; regulations on cost calculation is unreasonable, causing waste of investment capital, affecting project efficiency. The article aims to analyze the current situation of the grounds for determining construction investment costs, establish groups of factors affecting this work, and conduct linear regression analysis to determine the factors that have great influence on this work. This is the ground for proposing solutions to complete the grounds for determining construction investment costs using State budget capital in Vietnam.
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