Disbursement of public investment capital: Bright spots and practical lessons from localities

(Chinhphu.vn) - The 4th National Conference on Promoting Public Investment in 2025 is not only an opportunity to review the results achieved but also a forum to share management practices from typical localities. Models such as Ha Tinh, Ninh Binh and Hai Phong show that disbursement of public investment capital is not only a financial issue, but also a matter of management, coordination, discipline and creativity.

Prime Minister Pham Minh Chinh chairs the 4th National Conference to promote public investment disbursement - Photo: VGP/Nhat Bac

On the morning of October 18, Prime Minister Pham Minh Chinh chaired the 4th National Conference on Promoting Public Investment in 2025. The conference was held online, connecting from the Government headquarters to provinces and centrally run cities to evaluate the results of public investment disbursement since the beginning of the year, share experiences, remove difficulties and propose specific solutions for the remaining period of 2025.

According to the Ministry of Finance 's report, as of October 16, 2025, the total disbursed public investment capital reached VND 454,946.6 billion, an increase of more than VND 14,500 billion compared to the report on September 30, 2025. However, the disbursement rate has not yet met expectations, as 29 ministries, central agencies and 18 localities have disbursement rates below the national average.

On the contrary, there are still bright spots such as Ha Tinh, Ninh Binh, Hai Phong…, with disbursement rates reaching or exceeding the assigned plan. These provinces not only completed their tasks well but also introduced models of direction, organization, implementation and supervision that are worth replicating.

Ha Tinh aims to complete 100% of the remaining local capital plan in 2025 - Photo: VGP/Son Hao

Ha Tinh: Resolute from direction to action, exceeding assigned plan

As one of the localities with a disbursement rate exceeding 100%, Ha Tinh has demonstrated clear effectiveness in management, mobilizing the political system to participate, as well as flexibly handling arising problems. As of October 15, Ha Tinh has disbursed over VND 5,500 billion, exceeding the capital plan assigned by the Prime Minister and higher than the same period in 2024.

According to the representative of Ha Tinh province's leadership, identifying this as a top political task, the province has included the disbursement content in weekly leadership meetings. Three working groups headed by Vice Chairmen of the Provincial People's Committee have been established to regularly urge and remove difficulties for each project.

Second, the province mobilized the entire political system to participate in site clearance and ensure the supply of construction materials, especially for key inter-regional projects such as high-speed railways.

Third, require management boards and investors to commit to disbursement progress monthly and quarterly and be responsible to the Provincial People's Committee.

Fourth, proactively adjust public investment management plans in the context of converting to a two-level local government model, ensuring no interruption in project management.

Despite impressive achievements, Ha Tinh also frankly acknowledged some remaining problems such as: Severe weather, consecutive natural disasters affecting construction progress; the process of converting the 2-level local management model is still confusing, lack of synchronization in coordination between commune, district and province levels such as the handover of documents and project management tasks from district to province level is still slow in the first phase. In this situation, on October 15, 2025, the province organized a comprehensive review to evaluate, clearly identify responsibilities and propose solutions. The goal is to complete 100% of the remaining local capital plan in 2025.

Ninh Binh commits to the Government and the Prime Minister to complete the entire public investment capital plan for 2025 - Photo: VGP/Son Hao

Ninh Binh: Closely follow from the beginning, synchronous implementation

With a disbursement rate of nearly 94% of the total capital plan of more than 28,500 billion VND, Ninh Binh continues to be a bright spot in the public investment picture in 2025. Right from the beginning of the year, the province has identified this as a priority political task and organized a tight leadership apparatus from the provincial to local levels.

According to Chairman of the Provincial People's Committee Pham Quang Ngoc, from the beginning of the year, Ninh Binh province directed the establishment of a provincial steering committee, headed by the Provincial Party Secretary and the Provincial People's Committee Chairman, to ensure unified direction of projects from preparation to disbursement. Centralized management, when switching to a two-level government model, all projects previously under the district level were handed over to the provincial management board to avoid interruptions in implementation.

In particular, the province applies the principle in capital allocation: when units do well, they are given capital quickly, and when units do slow down, capital is transferred to projects with better disbursement capacity.

Focus on closely managing the progress of each project, assigning direct responsibility to the leaders of the Provincial People's Committee and Directors of management boards responsible for progress before the collective leadership and relevant agencies.

Regarding specific results, Chairman Pham Quang Ngoc said: Up to now, site clearance for the expressway project passing through the province has reached about 80%; PPP projects passing through Ninh Binh (formerly Nam Dinh) have achieved more than 85% site clearance progress, expected to be completed this October. For the North-South high-speed railway project, 34 resettlement locations have been determined, of which 2 areas have been deployed, the remaining 29 areas are being promoted for completion.

"Ninh Binh commits to the Government and the Prime Minister to complete the entire public investment capital plan for 2025, especially with key national projects," Mr. Pham Quang Ngoc emphasized.

In the coming time, Hai Phong will further cut 50% of the time for appraising administrative procedures for construction investment; focus on site clearance for key projects, especially the Lao Cai - Hanoi - Hai Phong railway - Photo: VGP/Son Hao

Hai Phong: Applying technology in public investment management

Assigned with more than 3,000 projects, including 1,658 projects assigned by the Prime Minister, Hai Phong has achieved good disbursement results with total disbursed capital up to September 30, 2025 being VND 23,982 billion, equivalent to 67% of the plan.

According to the representative of Hai Phong city leaders, to achieve the above disbursement results, the city has drawn some of the following lessons.

Firstly, be proactive, decisive, closely follow and strictly comply with the direction of the Prime Minister and the guidance of the Ministry of Finance as well as central ministries and branches.

Second, proactively develop growth scenarios, determine disbursement progress for each project by week and month. Shorten internal processes, promote quick coordination between agencies; strive to exceed growth targets and disburse 100% of the planned capital assigned by the Prime Minister.

Third, improve the quality of design consultancy to reduce appraisal time and avoid unnecessary project adjustments. Shorten the time for fire prevention and fighting appraisal by up to 70%, and the time for design document appraisal by at least 50%.

Fourth, site clearance is considered a "bottleneck" that needs to be resolved soon. The city has established a specialized working group to directly handle the situation at the scene.

Fifth, transfer capital plans from slow-moving projects to projects with good capital disbursement capabilities. Require investors to work specifically with each contractor, rebuild plans as well as propose solutions to overcome and compensate for volume in the following months, speeding up the overall progress.

Sixth, apply information technology in public investment management when deploying software to monitor disbursement progress, as a basis for rewarding and disciplining units.

Seventh is to strengthen the role of leaders. Hai Phong has determined that the disbursement of public investment capital depends largely on the responsibility and determination of the leaders. The city has assigned specific tasks to each leader and established a transparent and serious progress monitoring mechanism.

Regarding the plan for the coming time, the representative of Hai Phong City's leadership said that the city will further cut 50% of the time for appraising administrative procedures for construction investment; focus on site clearance for key projects, especially the Lao Cai - Hanoi - Hai Phong railway; review the medium-term public investment plan for 2021-2025, reasonably transfer capital between projects; strictly handle leaders and individuals who cause delays in performing assigned tasks.

It can be said that public investment disbursement is one of the driving forces of economic growth, and at the same time a measure of the operational efficiency of government levels. With that spirit, the remaining period of 2025 requires localities to continue to be more drastic, synchronous and flexible.

Son Hao

Source: https://baochinhphu.vn/giai-ngan-von-dau-tu-cong-nhung-diem-sang-va-bai-hoc-thuc-tien-tu-cac-dia-phuong-102251018123918456.htm