On the afternoon of January 9, at the Government Headquarters, Politburo Member, Prime Minister Pham Minh Chinh chaired the National Conference to promote public investment in 2025 and 2026, connecting online from the Government Headquarters to localities.
Speaking at the opening of the conference, Prime Minister Pham Minh Chinh clearly stated that we still have about 20 days to complete the goal of disbursing 100% of public investment capital in 2025 (by January 31, 2026); and at the same time, we must immediately start allocating and implementing projects, promoting the disbursement of all public investment capital in 2026.
The Head of Government emphasized that public investment is of great significance and is always identified as a key political task.
Through state spending, direct public investment increases aggregate demand, which is an effective tool to regulate and stabilize the macroeconomy, maintaining the major balances of the economy.
Public investment creates a strategic infrastructure platform, improves national competitiveness, opens up new development space, reduces costs for production and business, reduces time, and increases the competitiveness of products and goods.
In 2025, the Standing Government organized 4 Conferences on promoting the disbursement of public investment capital; The Government has issued 11 resolutions, the Standing Government has issued 2 conclusions, and the Prime Minister has issued 8 directives, telegrams and many documents directing the promotion of public investment capital disbursement.
The Prime Minister, Deputy Prime Ministers, and Government members have organized many working trips to work directly with localities to inspect the actual area; urge the implementation of projects and works.
By the end of December 2025, disbursement of public investment capital in 2025 reached over 755,000 billion VND, reaching 83.7% of the capital plan assigned by the Prime Minister, 3.4% higher in ratio and 206,600 billion VND in absolute figure compared to the same period in 2024.
Thus, we still have about 20 days in January 2026 to disburse the full 16.3% of the public investment capital of 2025; and at the same time, we must immediately start disbursing the public investment capital of 2026 with a total capital of nearly 995,400 billion VND, an increase of 10.4% compared to 2025.
The Prime Minister requested delegates to focus on discussing and clarifying why in the same institution, mechanism, and policy, some places do well, some places do not; difficulties, obstacles, and "bottleneck points" that need to be further resolved; key tasks and solutions in the coming time.
According to a report by the Ministry of Finance, the total capital in 2025 that the Prime Minister has assigned investment plans to ministries and central agencies is 902,075.555 billion VND (if adding the balanced capital plan assigned by localities to increase and the plans transferred from previous years, the total capital to be disbursed is 1,166,535.8 billion VND).
Disbursed from the beginning of the year to December 31, 2025 is 755,141.6 billion VND, reaching 83.7% of the capital plan assigned by the Prime Minister. Thus, the remaining capital plan for 2025 to be disbursed by January 31, 2026 to complete the target of disbursing 100% of the capital plan assigned by the Prime Minister is 146,933.955 billion VND.
In 2026, the Prime Minister assigned a public investment plan of state budget capital to ministries and central agencies of more than 995,000 billion VND (including 5% savings in central budget capital investment to supplement the Ministry of Construction to implement the Lao Cai - Hanoi - Hai Phong Expressway project).
By the end of January 7, 2026, ministries, central agencies and localities had allocated and assigned a detailed 2026 state budget capital investment plan for the list of tasks and projects of 851,822,535 billion VND, reaching 85.6% of the plan assigned by the Prime Minister.
