5 mountainous provinces disburse more than 31 trillion VND in public investment capital

Lam Thanh |

Tuyen Quang - In 8 months, 5 northern mountainous provinces have disbursed more than 31 trillion VND in public investment capital, higher than the national average.

On August 24, Deputy Prime Minister Bui Thanh Son and the working delegation worked with the provinces of Tuyen Quang, Thai Nguyen, Cao Bang, Lang Son, Phu Tho on the production and business situation, promoting growth, and disbursing public investment capital.

The report at the meeting showed that the 5 northern provinces are making progress in economy, production and investment. Disbursement of public investment capital as of the end of August reached VND 31,307.4 billion, accounting for 58.5% of the assigned plan. This rate is much higher than the national average. Many key infrastructure projects have been started and inaugurated.

The total number of commune-level administrative units of the 5 provinces after the reorganization is 448 communes and wards with an area of 46.543 thousand km2. Localities have improved the organization of provincial and commune-level agencies.

In Tuyen Quang, GRDP in the first 6 months of 2025 increased by 7.29%; budget revenue for the first 8 months is estimated at over VND 4,400 billion, reaching over 72% of the plan.

The province has accelerated the construction progress, disbursed public investment capital; 21 key projects with an investment of more than VND 26,700 billion. The volume of work carried out since the start of construction has reached nearly VND15,900 billion. Tuyen Quang builds a growth scenario with the target of increasing by 8.61% in 2025.

At the meeting, localities proposed that the Prime Minister consider and promptly assign the central budget capital plan for 2026. There is a flexible mechanism for localities in adjusting public investment capital plans between projects.

Concluding the meeting, Deputy Prime Minister Bui Thanh Son acknowledged that the provinces have made many efforts and achieved positive results. In response to the new requirements, localities need to continue to promote the spirit of initiative and creativity. At the same time, overcome existing limitations to comprehensively complete the 2025 goals.

It is necessary to urgently develop a detailed growth scenario for the last two quarters of the year. Attach specific responsibilities to each industry, field, and project. Promote investment attraction, especially for industrial development projects.

Lam Thanh
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