Disbursement of public investment in 8 months reaches 51% of yearly plan
A total of 285.4 trillion VND (12.18 billion USD) sourced from the State budget was disbursed in the first eight months of 2022, equal to 51% of the yearly plan and up 16.9% year-on-year.
Hanoi (VNA) – A total of 285.4 trillion VND (12.18 billion USD) sourcedfrom the State budget was disbursed in the first eight months of 2022, equal to51% of the yearly plan and up 16.9% year-on-year.
Of the total, the capital managed by the government isestimated at 50.4 trillion VND, equivalent to 47.7% of the yearly plan, and up18.1% y-o-y, according to the General Statistics Office (GSO).
In August alone, the amount of disbursed public investment reached48.3 trillion VND, up 51.4% y-o-y, of which 8.9 trillion VND was managed by the government, representing an increase of 36.8% against the same periodlast year, and the remainder was managed by localities.
To accelerate the disbursement, the Prime Minister hasassigned six working groups to continue inspections, helping to remove difficultiesand obstacles, and speeding up the disbursement of 2022 public investment allocated to 41ministries and centrally-run agencies and 18 localities that have the resultsbelow the national average (34.47%).
Specifically, on August 29, Standing Deputy Prime Minister Pham Binh Minh, who ishead of a working group, worked with leading officials of the central provincesof Quang Binh and Quang Tri on this work.
During January- August, Quang Binh and Quang Tri reported the disbursementrates of 30% and 34%, respectively.
Reasons for the slow disbursement were attributed to complicated procedures,obstacles in project site clearance, and weaknesses of several investors, consultantsand contractors./.
The Ministry of Transport (MoT) has approved an investment worth nearly 1.1 trillion VND (over 47 million USD) for a sub-project to upgrade the Nha Trang – Sai Gon railway section, which is part of the project to renovate and upgrade the Hanoi-Ho Chi Minh City railway route in the 2021-2025 period.
Ho Chi Minh City is seeking approval for an additional 120 trillion VND (5.13 billion USD) of public investment from the central government and the disbursement of previously approved public investment in order to speed up the progress of major public projects, said a municipal official.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Illustrative image (Photo: VNA) 
