On June 7, in Binh Dinh, Permanent Deputy Prime Minister Nguyen Hoa Binh chaired a meeting with nine localities of Task Force No. 1 on promoting the disbursement of public investment capital in 2025. The localities inspected this time include Thua Thien Hue, Da Nang, Quang Nam, Quang Ngai, Binh Dinh, Phu Yen, Khanh Hoa, Ninh Thuan, and Binh Thuan.
According to the report by the Ministry of Finance, the total plan for the state budget capital allocated to the nine provinces in 2025 is nearly VND 56,570 billion. As of the end of May, the average disbursement rate reached 26.7%, higher than the national average of 24.1%. However, three localities, including Phu Yen (13.2%), Quang Ngai (20%), and Quang Nam (21%), are lagging in disbursement progress, indicating uneven implementation among localities.
The main reasons identified are obstacles in site clearance, slow capital allocation, and inconsistencies in administrative unit amalgamation, leading to prolonged verification, approval, and settlement processes. Many projects also face challenges in land origin determination, compensation price appraisal, and achieving consensus from the people.
Additionally, the transition to a two-tier government model has caused the temporary halt of many investment projects for review and adjustment of objectives and scales. This not only affects the disbursement progress but also disrupts the capital utilization plan.
Deputy Minister of Finance Do Thanh Trung reports – Photo: VGP/Dinh Hai
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“I applaud the nine provinces for achieving a disbursement rate higher than the national average, but this should not make us complacent. We are already halfway through the year, and only about 30% of the capital has been disbursed, leaving more than 70% for the remaining months. This poses a significant pressure and demands continued strong efforts from the localities in the last months of the year,” said the Permanent Deputy Prime Minister.
The Deputy Prime Minister requested the provinces to urgently complete capital allocation and avoid situations where capital remains idle. Especially, site clearance and compensation must be considered a critical bottleneck that needs to be thoroughly addressed with the involvement of the entire political system. The localities must proactively review projects with slow disbursement and timely reallocate capital, holding accountable those responsible for any wasteful use of resources.
In addition to institutional issues, the Deputy Prime Minister also drew attention to challenges regarding construction material sources, unfavorable weather conditions, and post-amalgamation organizational arrangements. Careful screening of investors and key officials in departments related to growth and public investment is also essential to ensure efficiency, continuity, and avoid disruptions in implementation.
Task Force No. 1, led by Permanent Deputy Prime Minister Nguyen Hoa Binh, was established in March 2025 according to Decision 523 of the Prime Minister. Its goal is to inspect, urge, and promptly address difficulties and obstacles related to public investment disbursement – a pivotal task contributing to economic growth in 2025 and the following years.
