On the afternoon of December 10th, at the regular year-end session of 2025 (32nd session), the 16th term of the Hai Phong City People's Council passed a resolution on the city's public investment plan for 2026.
According to the resolution, the projected public investment capital for 2026 managed by the city is over 38,806 billion VND, including nearly 2,015 billion VND from central government funds and nearly 36,792 billion VND from the city's budget.
Regarding central government budget funds, the City People's Committee will allocate detailed public investment plans for 2026 using central government funds, in accordance with the Prime Minister's decision.
The city's funding sources are allocated in order of priority. First, revenue and expenditure from land use fees account for VND 1,050 billion. Targeted supplementary funding for communes and regulated commune-level funds amount to over VND 6,166 billion. The Hai Phong City New Rural Development Program for the period 2021-2025 is allocated over VND 570 billion. Entrusted capital of VND 1,000 billion is provided to the City's Social Policy Bank for preferential loans.
Capital allocation for land clearance and resettlement projects for the Lao Cai - Hanoi - Hai Phong railway line (section passing through Hai Phong) is nearly 3,804 billion VND. Capital allocation for completed, ongoing, and newly started projects, as well as investment preparation capital for projects, is over 22,362 billion VND. A 5% saving of nearly 1,840 billion VND was achieved as directed by the Central Government.
The Hai Phong City People's Council has approved extending the project implementation period for projects that have exceeded the permitted extension timeframe for projects allocated capital in 2026.
Previously, during the review of the 2026 Public Investment Plan, the Economic and Budget Committee of the City People's Council agreed on the plan and requested the City People's Committee to be responsible for the legal basis and conditions for allocating and distributing capital to the projects.
We propose that the City People's Committee direct relevant agencies, units, and localities to continue reviewing and promptly reporting to the City People's Council on adjustments and additions to capital for projects in accordance with regulations, ensuring disbursement progress in line with the directives of the Government, the Prime Minister, and the City Party Committee.
Urgently implement the establishment of the City's Venture Capital Fund under the special mechanism stipulated in Resolution No. 226/2025/QH15 dated June 27, 2025, of the National Assembly, which has been institutionalized by the People's Council in Resolution No. 60/NQ-HĐND dated October 26, 2025.
SNOW AND WINDSource: https://baohaiphong.vn/hai-phong-phan-bo-hon-38-800-ty-dong-von-dau-tu-cong-nam-2026-529198.html
![[Video] The craft of making Dong Ho folk paintings has been inscribed by UNESCO on the List of Crafts in Need of Urgent Safeguarding.](https://vphoto.vietnam.vn/thumb/402x226/vietnam/resource/IMAGE/2025/12/10/1765350246533_tranh-dong-ho-734-jpg.webp)
Comment (0)