Gov’t eyes 100% public investment disbursement rate in 2025

This year, the Government planned to allocate 829 trillion VND (US$31.9 billion) for investment projects. 

By April 30, actual disbursed volume reached over VND128 trillion (US$4.9 billion), or 15.56 percent of the planned amount, lower than that of the same period last year.

Prime Minister Pham emphasized that accelerating public investment s key to generating jobs, improving livelihoods, expanding development space, reducing logistics and production costs, and mobilizing resources for national growth.

To address bottlenecks, the Government chief tasked the Ministry of Finance and relevant agencies to review regulations related to official development assistance (ODA) to streamline procedures and facilitate the implementation of public investment projects.

In addition, ministries—including those responsible for finance, construction, ethnic minority affairs, agriculture and rural development, natural resources and environment, and home affairs—were urged to delegate more authority to local governments. This decentralization process is especially critical for advancing national target programs and transport infrastructure projects.

The development of expressways will continue under the public-private partnership (PPP) model especially when the country is striving for the groundbreaking and inauguration of 80 key projects to mark the 80th anniversary of the August Revolution and Independence Day (September 2)./.