Decisive disbursement of public investment in 2026 from the beginning of the year

PHẠM ĐÔNG |

The growth target for 2026 is 10% or more, requiring ministries, branches, and localities to consider disbursing public investment as a key task right from the beginning of the year.

According to the plan assigned by the Prime Minister for 2026, total public investment capital from the state budget will reach nearly 1 million billion VND, about 93,000 billion VND higher than in 2025.

This "record" capital scale is an important resource to promote growth, but also puts great pressure on allocation and disbursement right from the first months of the year.

Prime Minister Pham Minh Chinh emphasized the requirement to "change the state - turn the situation" regarding public investment to become a driving force for growth, disbursing 100% of public investment capital with the spirit of "capital waiting for projects, not letting projects wait for capital".

With the goal of increasing growth in 2026 by 10% or more, ministries, branches, and localities must consider disbursing public investment capital as a key political task right from the beginning of the year; in which, focus on reviewing and detailing the entire capital plan; developing disbursement plans by month, by quarter; linking the responsibility of the head with the implementation results.

Promote decentralization and delegation of power in parallel with strengthening inspection and supervision; promptly remove obstacles in mechanisms and policies, especially new regulations effective from January 1, 2026.

Site clearance work and ensuring the source of construction materials for key projects need to be directed drastically, not to become a prolonged "bottleneck".

Thủ tướng Chính phủ Phạm Minh Chính yêu cầu đẩy mạnh giải ngân gần 1 triệu tỉ đồng vốn đầu tư công ngay từ đầu năm 2026. Ảnh: VGP
Prime Minister Pham Minh Chinh requested to accelerate disbursement of nearly 1 million billion VND of public investment right from the beginning of 2026. Photo: VGP

According to Deputy Director of Hanoi Department of Finance Nguyen Xuan Sang, Hanoi's capital plan for 2026 is 1,260,000 billion VND and has now been detailedly allocated to tasks and projects in accordance with regulations and directions of the Central Government.

To achieve the target of disbursing 100% of the plan, right from the beginning of the year, Hanoi focused on drastically implementing solutions that have been effective in 2025.

In which, the city will clearly define the progress of each project, disbursement results by month, and at the same time assign specific responsibilities of experts and leaders in counting and evaluating.

The focus continues to be on removing obstacles right at the grassroots level with a high sense of responsibility, not shirking responsibility, especially in site clearance work; promoting decentralization, streamlining administrative procedures for investment; managing public investment capital flexibly and effectively.

Along with that, the City continues to implement many synchronous solutions. Regarding site clearance, Hanoi will evaluate, draw and apply experiences from Ring Road 1, Ring Road 4 projects and specific policies in Resolution 258/2025/QH15; research and develop unified compensation policy frameworks for large projects.

With the goal of disbursing nearly 37,000 billion VND of public investment capital in 2026, Hai Phong City has issued specific operating scenarios by month, by quarter, and at the same time linked disbursement results with the responsibility of heads of departments, branches, and localities.

Hai Phong strives to disburse over 100% of the capital assigned by the Prime Minister by the end of January 31, 2027, reaching 100% of the capital assigned by the city.

In 2026, Ho Chi Minh City is assigned a total public investment capital of about 148,000 billion VND. Ho Chi Minh City sets a target to disburse 100% of public investment capital, considering this as a key driving force to promote socio-economic growth. The focus of management is to accelerate compensation and site clearance, end the situation of projects "waiting for site clearance", creating a foundation for construction on schedule.

Meanwhile, Thai Nguyen province is allocated a total capital of nearly 6,300 billion VND, of which over 5,9 billion VND is local budget capital. The large scale of capital and high requirements require all levels and sectors to implement decisively from the first days and first months of the year.

Chairman of Thai Nguyen Provincial People's Committee requested to strive to disburse at least 50-60% of the capital plan by the end of June 2026, reach 70-80% by the end of the third quarter and complete 100% of the capital plan no later than January 31, 2027.

The results of implementation and disbursement of public investment capital are identified as an important criterion for evaluating the level of task completion of collectives, individuals and heads.

PHẠM ĐÔNG
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