Resolute action to promote disbursement of public investment capital

Prime Minister Pham Minh Chinh requested sectors and localities to uphold their responsibilities and take more drastic actions to promote disbursement of public investment capital in 2025.

The conference was connected online to localities.

On the morning of September 17, the Government Standing Committee held the third national conference to promote public investment in 2025. The conference was held online, connecting to 34 points in provinces and cities across the country.

Comrade Le Ngoc Chau, Deputy Secretary of the City Party Committee, Chairman of the City People's Committee chaired at the Hai Phong bridge.

Speaking at the conference, Prime Minister Pham Minh Chinh assessed that the disbursement of public investment capital in the first 8 months of 2025 achieved more positive results than the same period in 2024, however, the pressure to disburse capital in the remaining months of the year is still very large.

Sectors and localities need to promote the achieved results, at the same time strongly and urgently renew their thinking, and take more drastic actions to quickly overcome limitations and difficulties, and promote the disbursement of public investment capital in the coming time.

The Prime Minister seriously criticized and requested a review of experience and clarification of collective and individual responsibilities for sectors and localities with public investment disbursement rates below the national average. Units must immediately propose timely solutions to remove obstacles and improve the situation.

Faced with rapid changes in the world and domestic situation, to promote the disbursement of public investment capital in the coming months, the Prime Minister requested central and local agencies to seriously implement the Government's resolutions, telegrams and directives on urging the disbursement of public investment capital in 2025; clearly assign people, tasks and responsibilities in performing tasks associated with emulation assessment.

Sectors and localities urgently review and evaluate the implementation and disbursement of capital for each project; from there, develop a plan to urge progress on a weekly and monthly basis and have specific solutions to promote capital disbursement according to the set plan. Timely adjust capital from slow-progressing and ineffectively disbursed projects to fast-implementing projects that effectively absorb investment capital. Strictly handle investors and contractors who lack the capacity to slow down progress and affect capital disbursement progress.

Analyzing the causes as well as the difficulties and obstacles affecting the progress of disbursement of public investment capital, Prime Minister Pham Minh Chinh requested localities to be more determined in carrying out site clearance work, mobilizing the entire political system to participate. The construction, agriculture and environment sectors should coordinate with the People's Committees of the provinces to immediately remove obstacles in the exploitation of minerals as construction materials, ensuring the supply for key national works and projects.

The Ministry of Finance shall preside over and coordinate with agencies and localities to transfer additional capital from agencies and localities that do not need to use it yet to agencies and units that are short of capital and need additional capital urgently. Along with the progress of capital disbursement, it is necessary to focus on the quality of projects, associated with the prevention of corruption and negativity.

Comrade Le Ngoc Chau, Chairman of the City People's Committee attended the conference at Hai Phong bridge.

According to the report of the Ministry of Finance, in 2025, the total state budget investment plan assigned by the Prime Minister to ministries and central agencies is 884,585.6 billion VND, 1.5 times higher than in 2024. Of which, central budget capital is 408,858.3 billion VND, local budget capital is 475,727.3 billion VND.

The results of public investment capital disbursement nationwide in the first 8 months of 2025 showed more positive signs than the same period in 2024. In particular, local budget capital disbursement improved significantly, capital disbursement of national target programs increased sharply, all achieving higher disbursement rates than the same period in 2024. As of August 31, the disbursed capital reached VND 409,174 billion, equal to 46.3% of the plan assigned by the Prime Minister and 5.9% higher than the same period in 2024.

There are 8 ministries, central agencies and 22 localities with estimated disbursement rates reaching the national average or higher, such as: Vietnam Bank for Social Policies, Vietnam General Confederation of Labor, Central Party Office, Voice of Vietnam, Hai Phong, Ha Tinh, Thanh Hoa, Ninh Binh, Thai Nguyen, Lao Cai, Phu Tho...

There are 29 ministries, central agencies and 12 localities with estimated disbursement rates below the national average such as: Vietnam Union of Literature and Arts Associations, Vietnam Television, Ministry of Justice, Ministry of Construction, State Audit, Can Tho city, Dong Nai, An Giang, Ca Mau, Dak Lak, Hanoi, Da Nang city...

Delegates attending the conference at Hai Phong bridge point.

At the conference, a number of ministries, branches and localities that were assigned large capital and disbursed higher than the national average shared their experiences and effective methods. At the same time, localities and units pointed out a number of difficulties and obstacles affecting the progress of public investment capital disbursement in 2025: site clearance; slow investment preparation and completion of procedures; scarcity of supply and fluctuations in material prices; limited management, operation and coordination capacity of investors and contractors in ensuring the progress of project construction in some localities.

The slow arrangement of administrative units and organization of the apparatus; the slow issuance of legal documents and the lack of timely guidance documents for newly promulgated laws such as the Law on Investment under the Public-Private Partnership method, the Law on Science, Technology and Innovation, Law No. 90/2025/QH15 amending a number of Laws also impact and affect the progress of capital disbursement for public investment projects.

According to the report of the Department of Finance, the total state budget investment plan of Hai Phong is more than 75,000 billion VND. Of which, the Prime Minister assigned 35,893 billion VND, the city assigned 39,298 billion VND. As of September 15, 2025, Hai Phong disbursed 22,462 billion VND of capital assigned by the Prime Minister, equal to 62.6% of the plan; disbursed 57.2% of the yearly plan.

NGOC LAN - TRUNG KIEN

Source: https://baohaiphong.vn/hanh-dong-quyet-liet-thuc-day-giai-ngan-von-dau-tu-cong-521045.html