Gov’t doubles efforts to speed up public investment disbursement

Ministers, heads of central agencies, provincial and municipal-level Party Secretaries and leaders are required to strengthen responsibility, intensify leadership, and resolve obstacles hindering progress of public investment projects. 

Public capital disbursement, the Prime Minister emphasized, is a foremost political task that must be prioritized in leadership and execution.

The Prime Minister underscored that implementation progress must be accompanied by quality assurance, prevention of corruption, and avoidance of waste and losses. Ministries, agencies and localities are required to establish detailed disbursement plans for each project, monitor progress on a weekly and monthly basis, and reallocate funds from slow-moving projects to well-performing ones with greater funding needs. Wrongdoings in the use of public capital must be strictly handled.

The Ministry of Finance was assigned to direct the State Treasury to promptly settle completed works, expand online payment services, ensure adequate funds for project payments, and remove difficulties related to settlement, contract negotiations, signing agreements, and withdrawing donor funds.

Meanwhile, ministries managing the three national target programs were instructed to review and address obstacles and recommendations raised by ministries, sectors and localities regarding disbursement.

Since the start of 2025, the Government has issued multiple directives to push disbursement. By the end of August, the rate was estimated at 46.3 percent of the Government's assigned plan, up from 40.4 percent in the same period last year. Nine ministries and central agencies together with 22 localities achieved above-average results, while 29 ministries, central agencies and 12 localities lagged behind.

Viet Nam’s total public investment plan from the state budget for 2025 is more than VND 1.09 quadrillion (around US$ 44 billion)./.