Hanoi: Proposed public investment plan for 2026 is more than 126,000 billion VND

Delegates passed the Conference Resolution. Photo by Viet Tha — The third conference of the Hanoi Party Executive Committee, term XVIII. Photo by Viet Thanh

The Hanoi City People's Committee Party Committee said that, up to now, the Central Capital Plan for 2025 is 83,678 billion VND and the city's is 103,683 billion VND. The cumulative disbursement of the city's public investment plan for 2025 by November 15, 2025 is 51,133 billion VND, reaching 61.1% of the plan assigned by the Prime Minister and 49.3% of the city's plan. The estimated disbursement of the city by the end of 2025 is 100% of the plan.

Recently, a series of key projects have been started and inaugurated on the occasion of the 80th anniversary of the August Revolution and National Day September 2, creating momentum and a new look for the Capital. Typical projects include: Inauguration of Yen Xa Wastewater Treatment Plant; commencement of key bridges such as Van Phuc Bridge, Ngoc Hoi Bridge; Urban Railway Line No. 2 (Nam Thang Long - Tran Hung Dao). The city has actively implemented site clearance for national infrastructure projects such as: North - South High Speed Railway, Lao Cai - Hanoi - Hai Phong Railway...

Regarding capital sources and the ability to balance capital sources, according to the Report, the 15th National Assembly has met and passed a Resolution on the 2026 state budget estimate; the Prime Minister has not yet issued a Decision on assigning the 2026 state budget estimate to ministries, branches and localities.

According to the announcement of the expected state budget investment plan for 2026 of the Ministry of Finance (in Document No. 15929/BTC-NSNN dated October 14, 2025) and information from the specialized agency of the Ministry of Finance, the expected public investment plan for 2026 of the city is 125,930.19 billion VND.

Based on the decentralization of revenue sources, expenditure tasks of budgets at all levels, capital allocation principles, the city's budget balancing capacity; the results of reviewing the implementation capacity of tasks and projects, the City People's Committee proposed a plan to allocate the city's 2026 Public Investment Plan at the beginning of the year at VND 126,000.99 billion (VND 70.8 billion higher than the Central Government's assignment), 1.44 times higher than the 2025 plan assigned at the beginning of the year (VND 87,130.263 billion); 1.5 times higher than the plan assigned by the Prime Minister so far and an increase of VND 22,265.994 billion (21.5%) compared to the 2025 plan after adjustment (VND 103,664,196 billion). Of which: Domestic central budget (equal to the Central Government's assignment): VND 3,900.471 billion; ODA capital allocated (by Central Government): 1,203,719 billion VND; local budget capital: 120,826 billion VND.

The City People's Committee Party Committee has developed a city-level public investment plan for 2026, allocating as follows: Saving 5% of the investment expenditure estimate in accordance with the conclusion of the Party Central Committee on socio-economic development in 2025-2026 and the direction of Deputy Prime Minister Ho Duc Phoc in Document No. 9886/VPCP-KTTH dated October 13, 2025 of the Government Office (local balanced budget): 4,250.3 billion VND. Reserve for science and technology development, innovation and digital transformation according to regulations and development goals of the city: 5,560 billion VND.

In addition, repayment of advanced capital, flexible payment, supplement to social policy budget, support to your locality... is: 17,518,655 billion VND; in which, flexible site clearance is 12,288,655 billion VND (reserve for large projects, urban railway line No. 5).

The City People's Committee also plans to allocate in detail for public investment projects: 64,898.81 billion VND (1,866 projects), including: City-level projects are 40,152.038 billion VND (321 projects), including: Projects invested by city departments, branches and sectors: 22,789.199 (74 projects); vertical projects: 1,399 billion VND (6 projects); projects invested by People's Committees of communes and wards (in Resolution 423): 15,793.52 billion VND (239 projects); new projects invested by People's Committees of communes and wards: 170 billion VND, 2 projects. Projects using the city budget to support commune-level targets: 24,746.781 billion VND (1,545 projects)...

Source: https://hanoimoi.vn/ha-noi-de-xuat-ke-hoach-dau-tu-cong-nam-2026-la-hon-126-000-ty-dong-724677.html