On February 7th, the National Assembly’s Standing Committee (NA SC) considered and passed a draft resolution on the principles, criteria, and allocation norms for public investment capital from the state budget for the 2026-2030 period.
According to Minister of Planning and Investment Nguyen Chi Dung, the draft resolution supplements and完善s the priority investment areas in line with the socio-economic development strategy for the decade of 2021-2030 and the expected socio-economic development plan for 2026-2030.
Accordingly, priority will be given to allocating capital to implement and accelerate the progress of national target programs, important national projects, expressways, high-speed railways, urban railways, connective projects with inter-regional impacts, and projects that promote rapid and sustainable socio-economic development. Priority will also be given to programs, tasks, and projects in the fields of national defense, security, justice, science and technology, innovation, nuclear energy, digital infrastructure, semiconductors, education and training of high-quality human resources, healthcare, environmental protection, climate change adaptation, and disaster prevention and control, including river and coastal erosion, drought, salinity intrusion, and sea-level rise. It will also ensure energy security, water resource security, and food security, and support green transformation.
Minister of Planning and Investment Nguyen Chi Dung
|
Regarding local budgets, the draft resolution stipulates principles, criteria, and allocation norms for local budget capital, focusing on investing in inter-provincial and inter-district projects, as well as concentrated, focused, and effective projects with high spillover effects, ensuring no dispersion or fragmentation.
The Finance and Budget Committee, in its review, noted that for foreign capital, the draft needs to further clarify its consistency with the national financial plan and the five-year public debt and debt repayment plan. They also suggested prioritizing capital allocation for ongoing projects and those that meet the conditions for capital allocation…
The Committee requested the Government to prioritize the allocation of ODA and foreign loans for important national projects, large-scale projects with significant impacts on the country’s socio-economic development, and projects involving technology transfer to Vietnam in critical areas where the country lacks expertise. Some opinions suggested studying the allocation of capital to promote automation, apply Industry 4.0 achievements, and consider funding for a support fund for investment…
Chairman of the Finance and Budget Committee Le Quang Manh
|
Contributing to the discussion, NA Chairman Tran Thanh Man emphasized the need to address the issue of scattered and ineffective capital allocation. He also stressed ensuring a reasonable balance in capital allocation among sectors and fields and reviewing the criteria to prioritize the use of public investment capital. He further highlighted the importance of transparency, fairness, and the need to prioritize capital allocation and address difficulties in the fields of science and technology, innovation, and digital transformation.
NA Chairman Tran Thanh Man expressed his opinion at the meeting
|
– 20:43 07/02/2025
Unlocking Public Investment: Thanh Hoa’s $14.2 Trillion Infrastructure Vision
In recent years, Thanh Hoa province has consistently ranked among the top provinces in the country for disbursed public investment capital.
Prime Minister: Finalize Inspection Conclusion for Bach Mai, Viet Duc Hospital Branch 2 by March
Prime Minister Pham Minh Chinh has instructed the Government Inspectorate to complete an inspection report on the investment projects for the construction of the second campuses of Bach Mai Hospital and the Vietnam-Germany Friendship Hospital in the northern province of Ha Nam prior to March 31.
The Pearl of Dong Nai: Unveiling the Province’s 11.5 Trillion VND Land Auction Plans
In 2025, Dong Nai plans to auction off a total of 31 land plots, with an estimated value of 11.5 trillion VND based on the current land price framework. Of these, 17 land plots are now essentially ready to be put up for auction.
The Art of Provincial Mergers: Streamlining Administrative Boundaries
The government has instructed the Ministry of Home Affairs to take the lead in collaborating with relevant agencies and local authorities to promptly develop a proposal for the continued reorganization and streamlining of administrative units at the provincial, district, and communal levels. This initiative aims to enhance efficiency and effectiveness in governance. The proposal will be submitted to the Party Committee of the Government, ensuring both quality and timely implementation.
“The First ‘City within a City’ in Vietnam Welcomes an Array of Projects Worth 85,000 Billion VND”
This locale has just been reported on.
