By 3/9, ministries, sectors, and localities disbursed 513,305 billion dong in public investment capital, according to a Ministry of Finance report sent to the prime minister. This figure represents an increase of nearly 4,833 billion dong compared to the last week of august.

The Ministry of Finance reported that 9 ministries, agencies, and 17 localities achieved disbursement rates at or above the national average. Notably, the Vietnam Bank for Social Policies fully disbursed its allocated 4,275 billion dong. VEC reached 94,6%, and the Vietnam Development Bank exceeded 78%.

Several ministries and localities disbursed substantial amounts, exceeding 15,000 billion dong, including: the Ministry of National Defense, the Ministry of Public Security, the Ministry of Construction, and cities/provinces such as Ha Noi, TP HCM, Hai Phong, and Hung Yen. Conversely, 24 ministries, agencies, and 17 localities disbursed below the national average. Among these, three units had disbursement rates below 6% or had not disbursed any funds: the Vietnam Cooperative Alliance, the Committee for Ethnic Minority Affairs, and the Ministry of Science and Technology.

Excluding over 32,500 billion dong, which represents 5% of the local budget capital saved for the planned Lao Cai - Ha Noi - Hai Phong railway line, the overall disbursement rate reached 51,8%.

This year, the total national public investment capital plan amounts to over 1,04 million billion dong. This includes approximately 14,715 billion dong supplemented from local budget balances. The capital plan assigned by the prime minister is over 1,02 million billion dong.

Ministries, sectors, and localities have detailed the allocation of over 1 million billion dong, equivalent to 97,4% of the plan assigned by the prime minister. However, approximately 26,985 billion dong, or 2,6% of the plan, remains unallocated. The Ministry of Finance stated that most of this capital was either recently added in august or adjusted by agencies for other projects.

The government views public investment as a driving force, activating private and foreign direct investment (FDI) capital flows, and promoting production and business activities. This funding boosts total social investment and supports rapid, sustainable growth. Calculations indicate that for the 2021-2025 period, a 1% increase in public investment disbursement could add 0,058 percentage points to GDP.

The government identifies public investment as a crucial engine for achieving double-digit growth targets, developing synchronized infrastructure, and unlocking new development opportunities. Therefore, public investment disbursement must be accelerated, while ensuring project quality and efficient capital utilization.

Phuong Dung