Hanoi accelerates disbursement of public investment funds.

As of May 6, 2026, Hanoi city had disbursed over 36,201 billion VND in public investment capital, reaching 30.17% of the plan assigned by the Prime Minister.

Many localities have achieved a disbursement rate of over 50%.

Report presented at the April review meeting and May 2026 task implementation meeting of the Hanoi City Party Committee, People's Council, People's Committee, and Vietnam Fatherland Front Committee. on the morning of May 7th According to Nguyen Xuan Luu, Standing Committee member of the City Party Committee and Vice Chairman of the City People's Committee, 2026 is the first year of the 2026-2030 period for implementing the socio-economic development plans. Medium-term financial plan and public investment plan.

Vice Chairman of Hanoi People's Committee Nguyen Xuan Luu reports on the results of public investment disbursement. Photo: Quang Thai

With the city aiming for double-digit growth, public investment continues to be identified as the main driving force – the governing tool – and the lever to activate the capital's growth.

The City Party Committee and the City People's Committee have been decisive in directing the disbursement of public investment capital with a consistent management approach, maximizing time utilization, and implementing projects from the very beginning of the year; demonstrating unity and high determination from the entire political system and constantly innovating methods of organization and implementation.

As of April 28, 2026, the city's public investment disbursement results totaled VND 32,250.556 billion, reaching 26.88% of the plan assigned by the Prime Minister (excluding the 5% reserve for the Hanoi - Lao Cai - Hai Phong railway and 20.67% of the city's assigned plan, an increase of VND 8,080.107 billion compared to the end of March 2026).

As of May 6, 2026, the city had disbursed 36,201.678 billion VND of public investment capital, reaching 30.17% of the plan assigned by the Prime Minister (excluding the 5% reserve for the Hanoi - Lao Cai - Hai Phong railway and 23.21% of the plan assigned by the city).

The average disbursement rate of communes and wards reached 20.41%, with 27 out of 126 communes and wards having a disbursement rate higher than the city's average (specifically, Hong Ha ward reached 85.32%, Hoang Mai ward reached 64.69%, Vinh Hung ward reached 55.15%...).

City-level departments, agencies, and project management boards disbursed an average of 34.45% of their funds, with 10 units exceeding the city's average. Currently, 45 units (including 44 communes and wards) in the city have disbursement rates below 10%.

Many key infrastructure projects, such as the Ring Road 2.5 project, Ring Road 1 project, and several bridges over the Red River, are accelerating land clearance and peak construction progress.

“The disbursement of public investment capital has improved, but it has not yet met the growth requirements. In May and June 2026, the city must continue to disburse approximately 13,800 billion VND to ensure the growth target for the second quarter of 2026 and 41,900 billion VND to ensure the planned roadmap,” Comrade Nguyen Xuan Luu stated.

According to the Vice Chairman of the Hanoi People's Committee, the main reason affecting the disbursement of public investment capital is the obstacle in land clearance. This is the biggest bottleneck and barrier. Besides that, there is a shortage of construction materials and fluctuating, rising prices. Other reasons include: slow completion of investment procedures, lengthy negotiation and adjustment procedures for ODA loan agreements; and some communes and wards not yet fully allocating their allocated budget capital…

Intensive efforts to expedite land clearance.

In the remaining months of 2026, to promote the disbursement of public investment capital, Comrade Nguyen Xuan Luu noted that departments and agencies must soon complete the drafting of documents to effectively implement new mechanisms and policies according to the 2026 Capital City Law; ensuring that the implementation is within the correct authority, regulations, and objectives to create more room to overcome difficulties and obstacles in the implementation of public investment projects in the area.

Meeting to review work in April and plan tasks for May 2026. Photo: Quang Thai

Authorities at all levels, sectors, and investors should focus on resolving bottlenecks in land clearance and resettlement through special mechanisms and applying flexible compensation, support, and resettlement policies.

Communes and wards are mobilizing the entire political system to engage in dialogue with the people. Priority is given to completing land clearance for key projects, especially ring roads and major bridges across rivers, and regional connecting roads such as the Tu Lien, Tran Hung Dao, and Thuong Cat bridges; and the Ring Road 2.5, Ring Road 3, and Ring Road 3.5 projects...

Investors in ODA and urban railway projects should review and expedite construction and disbursement. Simultaneously, they should accelerate negotiations and signing of loan agreements, proactively propose capital allocation plans when necessary, and finalize procedures for new projects.

The Department of Construction is responsible for resolving difficulties in sourcing raw materials and fuel for construction and advising on solutions within its authority to address obstacles related to lump-sum contracts and fixed-price contracts affected by fluctuations in raw material prices and prolonged land clearance.

The Department of Finance will continue to advise on flexible capital management and strengthen monitoring and supervision; continue to review and promptly adjust the 2026 capital plan; advise the City People's Committee to assign specific disbursement KPIs for each month in each quarter to each investor; guide units to urgently complete the allocation of public investment capital plans at the commune level and carry out the settlement and final accounting of completed projects according to regulations…

The Vice Chairman of the Hanoi People's Committee also noted that investors and communes/wards must develop detailed plans for disbursement, land clearance, and construction of each project; accelerate the completion of investment procedures; immediately establish a "Public Investment Capital Disbursement Command Team" headed by the Chairman of the People's Committee of each commune/ward; and develop a plan for managing and exploiting public assets formed after investment…

Source: https://hanoimoi.vn/ha-noi-day-nhanh-giai-ngan-von-dau-tu-cong-748714.html