No interruption or break in public investment disbursement

Disbursement of over 128,500 billion VND of public investment capital in the first 4 months of the year

According to the report of the Ministry of Finance submitted to the Government, it is estimated that by the end of April 30, 2025, the total disbursed public investment capital will reach about 128,500 billion VND, equivalent to 15.56% of the plan assigned by the Prime Minister.

In absolute terms, this figure is higher than the VND 110,500 billion of the same period in 2024. However, the disbursement rate compared to the plan is lower, when it reached 16.64% in 2024. However, the Ministry of Finance assessed that the disbursement progress in April had clearly improved compared to the first three months of the year.

Of the total disbursed capital, capital from the central budget accounted for about VND46,694 billion, reaching 13.33% of the plan, lower than the 16.79% of the same period last year. In contrast, capital from the local budget reached about VND81,819 billion, equivalent to 17.2% of the plan, higher than the 16.56% of the same period in 2024.

For the three national target programs alone, the total disbursed capital reached about VND 4,707.3 billion, equivalent to 21.43% of the assigned plan.

The Ministry of Finance commented: "Compared to the disbursement progress in the first quarter, the situation has had positive changes, gradually catching up with the progress compared to the same period last year."

According to the report, in the first 4 months of 2025, 10/47 ministries, branches and 35/63 localities had disbursement rates exceeding the national average. However, there are still a number of ministries, central agencies and localities with very low disbursement rates or no disbursement.

Some localities with disbursement rates below 10% include: Khanh Hoa, Cao Bang, Binh Duong, Dong Nai, An Giang , Soc Trang, Quang Tri...

Do not let public investment disbursement be interrupted — The Ministry of Finance proposed to speed up the collection progress, especially land revenue, to promptly allocate capital - a key factor to ensure smooth disbursement of public investment capital.

Ensure progress and avoid interruption in disbursement of public investment capital

Although the disbursement of public investment capital has had positive changes, with the scale of public investment capital in 2025 at a high level, the requirement is to continue to promote it more strongly. In particular, the disbursement target this year has been raised to 100%, instead of 95% as in previous years, showing that this is a key political task that needs to be focused on and directed strongly.

However, in the context that the whole country is promoting the streamlining of the apparatus and the rearrangement of administrative units at all levels, the risk of disruption in implementation and disbursement is real. Recognizing this, at the regular Government meeting in April 2025, the Ministry of Finance proposed a series of specific solutions to ensure disbursement progress, especially for important national projects, highways and key traffic works.

According to the Ministry of Finance, the key is to maintain continuity in management and implementation. Ministries, sectors and localities need to urgently direct and clearly assign tasks and responsibilities to units responsible for receiving complete records, plans and data related to public investment programs and projects.

The contents that are still being implemented such as planning, appraisal, site clearance, volume acceptance, payment, etc. must be handed over transparently, without any "gaps" that cause progress delays.

At the same time, the personnel restructuring must be carried out synchronously with the merger process. It is necessary to ensure enough staff to monitor and operate the project, in which the old staff is responsible for coordinating the handover, while the new staff must proactively receive, grasp the situation, and promote progress.

The Ministry of Finance emphasized that investors and project management boards need to closely coordinate with relevant departments, agencies and sectors to ensure a seamless workflow and no tasks are missed. Along with that, it is necessary to promptly review and adjust capital plans and necessary legal documents in accordance with changes in administrative boundaries, thereby redefining the capital recipient, the contracting entity or the investment decision maker if necessary.

Localities are also required to promptly complete procedures for adjusting capital plans – such as transferring from the district level to the provincial or commune level – to avoid disbursement bottlenecks. In addition, provincial People’s Committees need to proactively determine the disbursement progress of each project, increase field inspections, grasp difficulties, especially in newly merged areas, and report to competent authorities when necessary.

In addition, effective coordination with central agencies in removing difficulties and handling newly arising situations is also an important requirement. Regarding local budgets, the Ministry of Finance proposed to accelerate the collection progress, especially land revenue, to promptly allocate capital - a key factor to ensure the smooth disbursement of public investment capital.

Source: https://baodaknong.vn/khong-de-gian-doan-dut-gay-giai-ngan-dau-tu-cong-251796.html