PM requests building of comprehensive database to gauge public investment disbursement
Prime Minister Pham Minh Chinh has asked ministers, heads of ministerial-level agences and leaders of localities to ensure that public investment capital is fully disbursed as planned, calling for a comprehensive database to track progress and enhance accountability.
PM Pham Minh Chinh speaks at the conference. (Photo: VNA)
Hanoi (VNA) – Prime Minister Pham Minh Chinh has asked ministers, heads of ministerial-level agences and leaders of localities to ensure that public investment capital is fully disbursed as planned, calling for a comprehensive database to trac🎀k progress and enhance accountability.
Chairing a national teleconference on May 20, PM Chinh asked the Government Office to draft a directive for his issuance, aimed at guiding the acceleration of disbursement. The directive must detail clear assignments of personnel, tasks, timelines, outcomes, responsibilities and authority.
He particularly praised 10 ministries and agencies, along with 36 localities for exceeding the national average disbursement rate, crediting their efforts with fueling economic growth, maintaining macroeconomic stability, and advancing strategic infrastructure. Among the top performers were the Ministry of National Defence, the Ministry of Public Security, the Ministry of Agriculture and Environment, alongside the provinces of Thanh Hoa, Ha Nam, Lam Dong, and Ba Ria – Vung Tau.
Key infrastructure projects, including expressways, railways, airports, seaports, and facilities for education, healthcare, and social services, have been prioritised for funding and accelerated construction, he said, adding that marking the 50th anniversary of the liberation of the South and national reunification, 80 strategic infrastructure projects had been launched or inaugurated, with contractors and managing agencies already adopting advanced technologies to enhance construction progress and quality.
However, the PM also issued a stern reminder to ministries, agencies, and localities with low or even zero public investment disbursement rates, demanding thorough reviews to pinpoint collective and individual responsibilities, and prompt corrective actions.
Ministries, agencies, and localities must jointly expedite land clearance, with local authorities required to mobilise the full political system; swiftly finalise technical standards, regulations, and prices to serve as a foundation for consistent project implementation. A comprehensive review of existing planning documents was also required to resolve overlaps.
PM Pham Minh Chinh and Deputy PMs at the conference. (Photo: VNA)
Relevant ministries and localities were tasked with decentralising and delegating the implementation of projects to local authorities, particularly for national target programmes and transport infrastructure projects.
A full activation of the seven government teams and similar groups within ministries and localities was also urged to monitor progress, resolve obstacles, and accelerate the implementation of projects.
The PM also directed thorough preparations for ceremonies launching or inaugurating 80 key projects to celebrate the 80th anniversary of the August Revolution and National Day on September 2.
He stressed the need to achieve critical national infrastructure goals later this year, including completing 3,000km of expressways, 1,000km of coastal roads, and inaugurating the Hanoi – Lao Cai – Hai Phong railway project.
As of April 30, nearly 818 trillion VND (32.72 billion USD) was allocated for 2025 public investment plans, or 99% of the target set by the PM. Nationwide disbursement totalled over 128 trillion VND, equivalent to 15.56% of the yearly plan, with central budgets at 13.33%, local budgets at 17.2%, and national target programmes at 21.4%./.
While chairing an online national conference on boosting public investment as a key driver of economic growth in 2025 on May 20, PM Chinh stressed the need to revitalise traditional growth engines - investment, consumption, and exports, while accelerating new drivers such as science and technology, innovation, digital transformation, circular economy, and knowledge economy.
Seven localities with disbursement rates higher than the national average were Phu Tho (46.71%), Thanh Hoa (39.02%), Ha Tinh (29.43%), Nghe An (22.56%), Quang Binh (19.23%), Bac Giang (18%), and Hoa Binh (17.34%). Notably, the Ministry of Construction and Hanoi city had the absolute disbursement figures, over 11.82 trillion VND and nearly 9.6 trillion VND, respectively.
Between 2021 and 2024, the annual average disbursement rate was just 52%. In the first four months of 2025, the rate was only 4.6%, significantly lower than the national average disbursement rate for public investment of approximately 8% during the first quarter.
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