Prime Minister Pham Minh Chinh has signed Telegram No. 237, urging the acceleration of public investment capital disbursement in the final months of 2025.
Prime Minister Pham Minh Chinh. (Photo: VGP)
The telegram highlights that public investment capital disbursement in 2025 has shown positive results, with an estimated 60.6% of the assigned plan disbursed in the first 11 months, surpassing the same period in 2024 (58.2%) by approximately 155.7 trillion VND.
The Prime Minister commended 12 ministries, central agencies, and 20 localities for their above-average disbursement rates, especially those affected by floods that still met their targets. However, 22 ministries, central agencies, and 12 localities were criticized for their below-average disbursement rates.
“Although the 11-month disbursement in 2025 is higher than in 2024, it still falls short of the target. With only 55 days left, a significant amount of capital (around 360 trillion VND) remains to be disbursed,” the telegram stated.
To accelerate and strive for 100% disbursement of the 2025 public investment plan, the Prime Minister calls for strong determination, significant efforts, and decisive actions from ministers, heads of central agencies, and chairpersons of provincial people’s committees. They must ensure clarity in assignments, covering six key aspects: person, task, responsibility, authority, timeline, and outcome.
Ministries, central agencies, and localities are urged to promptly allocate the remaining 2025 capital to specific tasks and projects. They should implement decisive measures to expedite the execution and disbursement of public investment capital and national target program funds. Priority should be given to key national investment projects, highways, and inter-regional projects with significant impact.
These entities must proactively address bottlenecks and challenges within their mandates, establishing clear coordination mechanisms among agencies and units to streamline investment procedures.
The Prime Minister emphasizes stricter discipline in public investment disbursement, focusing on land clearance, construction progress, and resolving land and resource-related issues. Strict penalties will be imposed on investors, project management boards, organizations, and individuals deliberately obstructing or delaying capital allocation, implementation, and disbursement.
“Underperforming, sluggish, or corrupt officials causing delays or harassment will be replaced. Negative behaviors in public investment management will be rigorously investigated and punished,” the Prime Minister asserted.
Ministries, sectors, and localities are instructed to assign specific leaders responsible for project progress, ensuring timely issue resolution. Their performance in disbursement will be a key criterion for evaluating their 2025 task completion.
They should immediately review each project’s disbursement progress, reallocating capital from underperforming projects to those with good disbursement and additional capital needs in 2025, within their authority. Enhanced on-site inspections and contractor supervision are also required.
Localities must address land compensation, mining licensing, and material extraction for projects. They should publish local construction material prices as per regulations and closely monitor price fluctuations.
Provincial people’s committee chairpersons are responsible for ensuring timely updates and publication of construction material prices. They must also expedite payment and settlement of completed public investment volumes.
The Ministry of Finance is tasked with digitalizing the monitoring and urging of disbursement progress across ministries, central agencies, and localities. They should report slow-disbursing units to the Prime Minister and propose flexible solutions to meet the 2025 disbursement goal.
Weekly updates on disbursement rates of ministries, central agencies, and localities will be publicly disclosed by the Ministry of Finance.
The Ministry of Construction, in collaboration with relevant agencies, will closely monitor the construction material market, especially key materials, and propose solutions to ensure supply, demand, and price control to the Prime Minister.
The Ministry of Agriculture and Environment will continue to guide and resolve issues related to mining licensing and material extraction for public investment projects, ensuring compliance and efficiency.
The Prime Minister also directs ministries, central agencies, and localities to prioritize 2026 capital allocation for projects with complete investment procedures and disbursement readiness. They should promptly detail the 2026 state budget investment plan upon receiving it.
Proactive planning and solutions are required to address land compensation, clearance, and bidding challenges, accelerating project construction progress.
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