Politburo member and Prime Minister Pham Minh Chinh has just signed Official Dispatch No. 32/CD-TTg dated April 5, 2025 on urging to accelerate the disbursement of public investment capital in 2025.
According to the telegram, by March 15, ministries, central and local agencies will only allocate details to tasks and projects reaching about 93% of the plan assigned by the Prime Minister; the capital that has not been allocated in detail is still quite large (57.7 trillion VND, accounting for about 7.0%) of 19 ministries, central agencies and 32 localities.
The disbursement results are estimated to reach 9.53% of the plan assigned by the Prime Minister by March 31, lower than the same period in 2024 (12.27%).
The Prime Minister severely criticized 19 ministries, central agencies and 28 localities for not fully allocating the 2025 public investment capital plan from the state budget as assigned by March 15; requesting the above ministries, central agencies and localities to seriously review the responsibility of collectives and individuals for handling according to regulations.
At the same time, the Prime Minister criticized 30 ministries, central agencies, and 27 localities for having disbursement rates below the national average by March 31.
In the context of many unpredictable fluctuations in the world economy, affecting the US tax on Vietnamese exports, the results of public investment disbursement are of special importance, contributing to promoting growth, stabilizing the macro economy, ensuring major balances of the economy, especially the economic growth target of 8% or more.
The Prime Minister requested ministries, central and local agencies to take full responsibility to the Government and the Prime Minister for the results of public investment allocation and disbursement in 2025.
The heads of ministries, central and local agencies must uphold their responsibilities, be close and specific, grasp the situation, clearly identify the problems and causes of slow disbursement of each specific project to directly direct timely resolution according to authority, and report to competent authorities.
Urgently propose a handling plan for the remaining central budget capital planned for 2025 that has not been allocated in detail, send to the Ministry of Finance and update on the national information system on public investment in accordance with regulations.
The acceleration of public investment disbursement must be associated with ensuring the quality of works and projects, preventing negativity, loss, waste, and group interests.
Strengthen inspection and supervision at the site, urge contractors and consultants to speed up progress.
Strengthen discipline and order, strictly handle according to Party and State regulations investors, Project Management Boards, organizations and individuals who deliberately slow down the progress of public investment allocation and disbursement.
The Ministry of Finance shall consider amending and supplementing according to its authority or report and propose to competent authorities to amend and supplement legal provisions related to public investment to promote the allocation and disbursement of public investment projects and ensure capital efficiency.
The Prime Minister's Working Groups inspect, urge, remove difficulties and obstacles, and promote the disbursement of public investment capital at ministries, agencies and localities.
The working groups of Government members worked with localities on the situation of production and business, construction investment, import and export to continue to promote inspection and urging activities, promptly remove difficulties and obstacles, and promote public investment disbursement.
