The national conference to promote public investment disbursement in 2025 and 2026

The Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee attend the conference at the Provincial People's Council - the Provincial People's Committee’s Headquarters.

According to the Ministry of Finance's report, the disbursement of public investment capital from the beginning of the year to December 31, 2025, was VND 755,141.6 billion, reaching 83.7% of the plan assigned by the Prime Minister. Of this, central government budget capital was VND 279,713.9 billion, reaching 65.6%. Local budget capital disbursed amounted to VND 475,427.7 billion, reaching 99.9%.

Compared to the same period in December 2024, it represents a 3.4% increase in percentage and an absolute increase of VND 206,564.1 billion. Although local budget capital disbursed at a high rate, increasing by 14.5% compared to the same period in 2024, the disbursement progress of central government budget capital remained low, decreasing by 7.7% compared to the same period in 2024.

The Deputy Secretary of the Provincial Party Committee, the Chairman of the Provincial People's Committee, and delegates attend the conference at the Provincial People's Council - the Provincial People's Committee’s Headquarters.

By the end of December 2025, compared to the plan assigned by the Prime Minister, 11 ministries and central agencies and 15 localities had disbursement rates reaching the national average; while 22 ministries and agencies and 18 localities had disbursement rates below the national average. Thus, the remaining capital plan for 2025 must be disbursed by January 31, 2026, to achieve the target of 100% disbursement of the capital plan assigned by the Prime Minister, which is VND 146,933.955 billion.

Regarding the allocation of public investment capital in 2026, the Prime Minister has assigned the state budget public investment plan in 2026 to ministries and central agencies at VND 995,348.05 billion. By January 7, 2026, ministries, central agencies, and localities have allocated and assigned the detailed state budget investment plan in 2026 to the list of tasks and projects totaling VND 851,822.535 billion, reaching 85.6% of the plan assigned by the Prime Minister. The remaining unallocated capital amounts to VND 143,525.514 billion across 12 ministries and central agencies and 22 localities.

At the conference, representatives from ministries, agencies, and localities focused on discussing and clarifying the results of public investment disbursement in 2025; they also frankly pointed out the difficulties and obstacles that still exist in the implementation process. Many opinions suggested that, despite the decisive direction and management of the Government and the Prime Minister, disbursement progress remains slow in some areas due to the obstacles in land clearance, lengthy investment preparation procedures, and limited capacity of some investors and contractors. Delegates also analyzed in depth the reasons why central government budget disbursement is lower than local budget disbursement, emphasizing the impact of policy and legal adjustments, organizational restructuring, investor transfers, as well as the shortages of construction materials and price fluctuations.

Ministries, sectors, and localities proposed that the Government and the Prime Minister continue to provide more decisive direction, linking the responsibility of the head of each agency to the disbursement results; at the same time, allow flexibility in transferring capital from slow-moving projects to the ones with good disbursement potential, ensuring the completion of the target of 100% disbursement of allocated capital.

Prime Minister Pham Minh Chinh delivers a directive speech at the Government's bridge point.

In his concluding remarks at the conference, Prime Minister Pham Minh Chinh requested ministries, sectors, and localities to focus on researching, analyzing, and clarifying the six identified causes affecting the disbursement of public investment capital in 2025. From there, they should propose effective solutions for implementation in 2026.

The Prime Minister requested ministries, sectors, and localities to strictly implement the directives of competent authorities, institutionalize these directives to proactively carry out tasks within their delegated authority; and promptly and flexibly resolve any arising obstacles and difficulties. Simultaneously, they must dare to take responsibility and apply creativity in directing and managing the disbursement of public investment capital, coupled with regular inspection and supervision during implementation, ensuring the legitimate rights of the people.

Emphasizing higher goals and tasks in 2026, the Prime Minister requested ministries, sectors, and localities to continue improving the efficiency of investment projects; prioritizing the rectification of limitations and shortcomings in the disbursement of public investment capital in the past. Localities should focus on directing the resolution of difficulties regarding material sources and raw material prices to meet construction progress requirements. In addition, they should put an end to scattered investment, prioritizing investment in key projects and innovative projects; selecting bidding methods for investment projects that ensure efficiency, convenience, and national and ethnic benefits, avoiding waste, embezzlement, and corruption.

The Prime Minister also noted the need to select competent officials and contractors; apply digital transformation in evaluating the effectiveness and progress of project implementation as well as the disbursement of public investment capital for projects; and strictly handle investors, contractors, and officials involved in obstructing or causing delays in project implementation.

*Immediately after the conference, the Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee, Pham Quang Ngoc, worked with relevant departments and units on promoting the disbursement of public investment capital in the province.

In his directive speech at the meeting, the Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee requested relevant departments and agencies to focus intensely on accelerating the disbursement of public investment capital starting from January 2026, considering this a key task to create momentum for economic growth from the beginning of the year.

The Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee delivers a directive speech to relevant provincial departments and agencies after the conference.

The Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee instructed the Project Management Boards No. 1 and No. 2 to urgently compile and review the capital carried over from 2024 to 2025 to focus on effective disbursement; at the same time, review all investment projects from 2025 carried over to 2026, including the projects and works that the province and communes are the investors, and report to the Provincial People's Committee before January 20, 2026. Departments and agencies carefully review the list of investment projects, fully assess the level of completion of investment preparation work; clearly identify urgent projects with a ripple effect to prioritize and expedite the procedures for submitting investment policy approvals, and promptly advise the Provincial People's Committee for consideration and decision. Priority should be given to allocating capital to key, large-scale projects such as public administrative centers, hospitals, and school systems.

The Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee requested continuous reduction and simplification of administrative procedures in the disbursement of public investment capital, creating favorable conditions for project implementation, while ensuring strict adherence to legal regulations and improving the efficiency of investment capital utilization.