On the afternoon of April 3, Politburo member and Permanent Deputy Prime Minister Nguyen Hoa Binh chaired a meeting in person, in coordination with a number of ministries, agencies and localities to inspect, urge, remove difficulties and obstacles, and promote public investment disbursement in 2025.
Working Group No. 1 led by Deputy Prime Minister Nguyen Hoa Binh; inspected ministries and central agencies: Office of the National Assembly, Government Office, Supreme People's Court, Supreme People's Procuracy, Ministry of National Defense, Ministry of Public Security, Ministry of Home Affairs, Government Inspectorate, Vietnam Cooperative Alliance; localities: Hue, Da Nang, Quang Nam, Quang Ngai, Binh Dinh, Phu Yen, Khanh Hoa, Ninh Thuan, Binh Thuan.
According to the Ministry of Finance, by the end of March, 5/9 ministries, central agencies and 4/9 localities had fully allocated the assigned capital plan; 4/9 ministries, central agencies and 5/9 localities had not fully allocated the assigned capital plan with the total remaining unallocated capital being 1,597,639 million VND, accounting for 1.86% of the total plan assigned by the Prime Minister of ministries, central and local agencies under Working Group No. 1.
According to Deputy Minister of Finance Bui Van Khang, the estimated disbursement rate as of March 31, 2025 of ministries, central and local agencies under Working Group No. 1 reached 11.4% of the plan assigned by the Prime Minister, higher than the national average.
Of which, there are 3 agencies and 4 localities with disbursement rates higher than the national average disbursement rate, including: Ministry of National Defense (10.3%), Supreme People's Procuracy (10.4%), Ministry of Public Security (12.67%), Thua Thien Hue (19.57%), Binh Dinh (20.25%), Ninh Thuan (13.83%), Da Nang (11.42%).
However, there are still some ministries, agencies and localities with disbursement rates below the national average. The main reason is that some projects in the process of investment preparation have to be adjusted due to the implementation of the project to continue to arrange and streamline the apparatus, leading to not yet allocating capital plans.
The merger of departments and branches leads to changes in investors, so the disbursement procedures are slow to be implemented...
Speaking at the meeting, Permanent Deputy Prime Minister Nguyen Hoa Binh emphasized that in the context of the world economic situation continuing to have extremely complicated developments, trade competition is fierce and unpredictable.
In particular, the US has just announced the imposition of countervailing tariffs on goods from many countries, including Vietnam... the issue of promoting public investment disbursement is even more important in implementing growth and development goals.
The US announcement of the above tax has a certain influence on the implementation of the growth target. The Government has also met, assessed the impact and proposed solutions.
In such conditions, we must further promote traditional growth drivers to compensate for shortages caused by objective problems arising from developments in the situation, which can negatively impact the implementation of growth targets.
The Permanent Deputy Prime Minister stated that the general spirit is that we need to further accelerate the disbursement of public investment capital. Disbursement is quick, but must be strict, in accordance with regulations and procedures, not leading to negativity or waste.
