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Determined to complete 100% of public investment disbursement rate by 2025

(BDO) On the morning of May 20, in Hanoi, Prime Minister Pham Minh Chinh chaired a national online conference on promoting public investment growth momentum in 2025. Attending were members of the Politburo, members of the Party Central Committee, Deputy Prime Ministers, leaders of ministries, central agencies, provinces, cities, economic groups, and state-owned corporations. At the Binh Duong bridge, Mr. Vo Van Minh, Chairman of the Provincial People's Committee, and leaders of departments, branches, and sectors attended.

Báo Bình DươngBáo Bình Dương20/05/2025

The Prime Minister and Deputy Prime Ministers chaired the conference.
Prime Minister Pham Minh Chinh delivered the opening speech at the conference.

Speaking at the opening of the conference, Prime Minister Pham Minh Chinh emphasized that in the current context, we are resolutely renewing the three traditional growth drivers including investment, consumption, and export; promoting new growth drivers including science and technology, innovation, digital transformation, circular economy , knowledge economy, and drivers related to the private economy.

Among traditional growth drivers, investment growth drivers play a very important role, including public investment, FDI investment, private investment... Public investment is identified as leading private investment, activating all resources for development.

Localities attend and report to the Government at the conference.

Regarding the results of public investment in the first months of the year, with 37/47 ministries, agencies and 27/63 localities having disbursement rates below the national average, the Prime Minister requested to clarify this issue, find out the causes, point out the difficulties, obstacles, bottlenecks, and responsibilities of ministries and branches.

The Prime Minister requested the Ministry of Finance to compile statistics on ministries, branches and localities with slow disbursement to re-evaluate staff; ministries and branches that perform well should be rewarded, and ministries and branches that do not perform well should be disciplined. At the same time, lessons should be drawn from leadership, direction and implementation at all levels and branches, especially the heads, to find appropriate solutions; at the same time, the role of the Prime Minister's working groups should be promoted.

The Prime Minister requested to strengthen decentralization and strong delegation of power to localities along with resource allocation, improving implementation capacity, strengthening inspection and supervision, with the spirit of "locality decides, locality acts, locality takes responsibility"; ministries, branches, and central agencies focus on performing state management tasks; state-owned corporations and groups must be proactive in promoting investment.

Delegates attending the conference at Binh Duong bridge point

According to the report of the Ministry of Finance, in 2025, the total capital assigned by the National Assembly is 829,365.421 billion VND. As of April 30, ministries, central and local agencies have allocated and assigned detailed capital investment plans for 2025 for the list of tasks and projects of 817,968.261 billion VND, reaching 99% of the plan assigned by the Prime Minister. Estimated payment from the beginning of the year to April 30 is 128.5 trillion VND, reaching 15.56% of the plan assigned by the Prime Minister...

Overview of the conference at Binh Duong bridge

In the first 4 months of 2025, there were 10 ministries, central agencies and 35 localities with estimated disbursement rates above the national average. Some ministries, central agencies and localities had disbursement rates above 20%.

According to the Ministry of Finance's assessment, there are a number of shortcomings, difficulties and obstacles and causes that slow down the progress of disbursement of public investment capital, in which the most common causes are site clearance; lack of materials (backfill soil, sand, stone, etc.); problems with unit prices and norms; problems with planning;...

The Ring Road 3 project through Binh Duong province is being accelerated.

With the determination to strive to complete the disbursement rate of public investment capital in 2025 to reach the target of 100% of the plan assigned by the Prime Minister, the Ministry of Finance has submitted to the Prime Minister a Directive on accelerating the disbursement progress of public investment capital.

In particular, regarding direction and leadership, it is necessary to thoroughly grasp the 6 clear principles: "clear people, clear work, clear time, clear responsibility, clear products, clear results" of the project; continue to focus on building and perfecting institutional policies; ministries, central and local agencies must resolutely direct and organize implementation, ensuring that there are no breaks or interruptions in the implementation and disbursement of public investment capital in general, especially important national projects, highway projects, key traffic projects; ministries and localities focus on leading, directing, removing bottlenecks, bottlenecks and propagating and mobilizing people in compensation and site clearance work;...

Phuong Le

Source: https://baobinhduong.vn/quyet-tam-hoan-thanh-100-ty-le-giai-ngan-von-dau-tu-cong-nam-2025-a347315.html


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