According to information from the Ministry of Finance, the total public investment plan from the state budget in 2025 approved by the National Assembly is more than 829,000 billion VND. After excluding the unallocated capital, the Prime Minister allocated about VND 825,900 billion to ministries, central and local agencies.
In addition, localities have also balanced and assigned an additional VND73,600 billion, along with about VND57,300 billion in capital from previous years extended to this year. Thus, the total capital plan for 2025 will reach nearly VND 957,000 billion.
As of May 23, 2025, the units have allocated nearly VND 891,500 billion, reaching 99% of the plan assigned by the Prime Minister if not including the additional capital of the locality. However, there are still 39 units (19 ministries, 20 localities) that have not fully allocated capital, with a total of more than VND 8,000 billion - mainly due to not completing investment procedures, project adjustments or not collecting land use revenue.
Regarding the disbursement schedule, accumulated by the end of May 5, 2025, the whole country disbursed about 209,670 billion dong, reaching 21.9% of the plan. This ratio is higher than the same period in the same period in 2024 (reaching 20.3%), showing the acceleration signal in May after the early delay of the year. However, the central budget has only reached 19.6%, still lower than the same period last year.
Some ministries and central agencies have a good disbursement rate of over 30%, such as: Vietnam General Confederation of Labor (86.43%); Voice of Vietnam (73.82%); Bank for Social Policies (41.2%); Ministry of Public Security (40.5%).
Localities with good disbursement of over 40% include: Phu Tho (62.7%); Thanh Hoa (57.8%); Lao Cai (51.8%), Thai Nguyen (51%); Nam Dinh (50.4%); Ha Giang (48.8%); Ha Tinh (48.7%); Ha Nam (45.3%); Ninh Binh (45.1%); Ba Ria - Vung Tau (42.6%), Hue (41.2%).
However, in the first 5 months of the year, many ministries, central agencies and localities have not disbursed or disbursed very low less than 10% (Vietnam Academy of Science and Technology, Ministry of Education and Training, Ministry of Health, Supreme People's Court, Ministry of Industry and Trade, Ministry of Culture, Sports and Tourism, Central Youth Union of Ho Chi Minh Communist Youth Union, Ministry of Science and Technology; Ministry of Foreign Affairs, Vietnam Institute of Literature, Union of Vietnam Union, Union of Union, Union of Vietnam Union, Union of Literature, Union of Vietnam Association Academic Science and Society of Vietnam, ...).
Notably, there are 7 localities that disburse less than 15%, such as: Lai Chau, Binh Phuoc, Binh Duong, Cao Bang, Dong Nai, Phu Yen, Ben Tre. The Government has allowed 5 ministries, central agencies and 19 localities to continue disbursing about VND43,800 billion allocated after March 15. At the same time, the Ministry of Finance is synthesizing and proposing a plan to adjust the capital plan for the capital that has not been allowed to continue implementation.
The Ministry of Finance believes that to achieve the target of disbursing 100% of the plan, ministries, branches and localities need to urgently handle the shortcomings in the process of reorganizing administrative units, remove obstacles in site clearance, speed up national key projects, focus on local budget collection and complete the disbursement of capital allowed from last year.
At the same time, it is necessary to develop a specific disbursement plan for each month and quarter, and resolutely cut capital plans for projects with slow disbursement, and switch to urgent projects that can be effectively implemented. Units that have proposed to adjust and reduce plans must also enhance political determination, promote the role of leaders to ensure that they do not affect the overall results in 2025.
