The 2025-2026 National Conference on Public Investment Promotion, connecting online from the Government Office to local authorities – Photo: VGP/NB
On the afternoon of January 9th, Prime Minister Pham Minh Chinh chaired the 2025-2026 National Conference on Public Investment Promotion, connecting online from the Government Office to local authorities.
According to the Ministry of Finance’s report, the total capital for 2025 allocated by the Prime Minister for investment plans of ministries and central agencies is VND 902,075.555 billion (if including additional local budget allocation plans and carry-over plans from previous years, the total capital to be disbursed is VND 1,166,535.8 billion).
Disbursement from the beginning of the year to December 31st, 2025, is VND 755,141.6 billion, reaching 83.7% of the plan assigned by the Prime Minister. Thus, the remaining capital plan for 2025 to be disbursed by January 31st, 2026, to achieve the target of 100% disbursement of the plan assigned by the Prime Minister is VND 146,933.955 billion.
In 2026, the Prime Minister has allocated a state budget public investment plan of over VND 995,000 billion to ministries and central agencies (including 5% savings from central budget investment capital to supplement the Ministry of Construction for the Lao Cai-Hanoi-Haiphong High-Speed Railway project).
To disburse nearly VND 1 million billion as planned and approved by the Prime Minister, localities, ministries, and sectors with good disbursement results in 2025 have shared their experiences in disbursement, such as establishing Site Clearance Steering Committees, proactively sourcing construction materials, or implementing the ‘green lane’ mechanism for key projects…
Ninh Binh has done very thoroughly from investment preparation to site clearance for projects
Ninh Binh: Proactively sourcing construction materials, ensuring project progress
As one of the localities with the best public investment disbursement results, Ninh Binh was allocated nearly VND 76,000 billion and achieved a disbursement rate of up to 144%. Mr. Tran Huy Tuan, Chairman of Ninh Binh Provincial People’s Committee, said that to achieve such disbursement results, Ninh Binh has done very thoroughly from investment preparation to site clearance for projects, with particular attention to arranging resettlement for residents, land recovery, and agricultural land-use conversion.
For project preparation before implementation, Ninh Binh focuses on selecting consulting units and qualified contractors with construction and financial capabilities. For site clearance, the province establishes a Site Clearance Steering Committee, which flexibly converts land use purposes in parts or stages to ensure land handover progress and resettlement land handover to residents.
Regarding ensuring construction materials for infrastructure projects, Ninh Binh has thoroughly surveyed local material supplies from the project preparation stage. Currently, only stone is available, while sand and fill soil are insufficient, so the province has to work with neighboring localities like Thanh Hoa and Hoa Binh to support Ninh Binh’s supply of sand and soil.
During project implementation, Ninh Binh strengthens inspection, supervision, and urging of related units through weekly and monthly progress meetings to promptly remove difficulties and avoid project delays. Disbursement is also quickly carried out by units as soon as there is enough volume for acceptance; if issues arise, the province organizes meetings to consider handling and delegating authority to remove difficulties as quickly as possible.
Besides speeding up progress, supervision, and difficulty removal, Ninh Binh is also flexible in transferring and allocating public investment capital, focusing on projects with good progress to accelerate disbursement.
“In 2026, Ninh Binh identifies this as a crucial year, the first year implementing the Resolution of the Party Congress at all levels and the 5-year socio-economic development plan (2026-2030), requiring great focus and determination to carry out tasks from the beginning of the year. Ninh Binh commits to maintaining the achieved results in 2026 and striving to disburse 100% of the public investment capital allocated by the Government,” Mr. Tran Huy Tuan committed to the Prime Minister.
Deputy Director of Hanoi Department of Finance Nguyen Xuan Sang reports at the online conference. Photo: VGP/Minh Anh
Hanoi: Applying the “green lane” mechanism for key projects
With a very large public investment capital (over VND 103,000 billion), Hanoi has completed disbursement exceeding the plan in 2025 and is one of the localities with the best public investment capital disbursement nationwide.
Deputy Director of Hanoi Department of Finance Nguyen Xuan Sang said that Hanoi has identified public investment disbursement as a key political task, a crucial driver for the capital’s economic growth. From the beginning of the year, the city has acted with the highest determination, issuing plans, directives, and clearly defining the roadmap and responsibilities for each investor and project. As a result, the 2025 disbursement result has reached the highest absolute value ever.
By December 31st, 2025, Hanoi’s cumulative disbursement reached over VND 89,000 billion, equal to 106.8% of the plan assigned by the Prime Minister and 86.2% of the city’s plan. It is expected that by January 31st, 2026, Hanoi will disburse about 117.7% of the plan assigned by the Prime Minister and 95% of the city’s plan.
During the year, Hanoi started numerous large and important projects within and outside the budget to contribute to the development of the capital and surrounding areas. Besides starting 2 large projects (the Hong River Landscape Avenue Investment Project and the Olympic Sports Urban Area Investment Project), the city has strongly directed and implemented many important framework infrastructure projects such as starting key bridges (Van Phuc, Ngoc Hoi, Thuong Cat, Tran Hung Dao…), the Van Cao – Hoa Lac section of Metro Line 5…
Mr. Nguyen Xuan Sang said that the lesson in promoting public investment disbursement is the strong direction and management of the public investment plan from the beginning of the year. Issuing detailed disbursement plans for each project, unit, and investor, and regularly organizing progress meetings on basic construction disbursement across the city; applying the “green lane” mechanism in public investment procedures for key projects.
Hanoi has mobilized and promoted the strength and involvement of all levels of party committees and authorities in site clearance; typically, in 2025, it completed site clearance for the Ring Road 1 project, which had been stuck for many years.
Strongly implementing major policies of the Central Government on organizing a two-level administration; special mechanisms for Hanoi in the Capital Law, National Assembly Resolution No. 258/2025 dated December 11th, 2025, on piloting some special mechanisms and policies to implement large and important projects in the capital; Resolution No. 188/2025 dated February 19th, 2025, on some special mechanisms and policies to develop the urban railway network…
Promoting decentralization and authorization to communes and wards to increase activeness, autonomy, and responsibility at the grassroots level. Implementing the two-level administration model, the city has delegated all investment decision-making, project adjustment, and settlement authority… to communes for projects previously approved by districts.
Flexibly managing public investment capital, ensuring sufficient and timely allocation for project implementation; resolutely cutting capital plans from projects with low disbursement to projects with better disbursement.
“In 2026, Hanoi identifies public investment disbursement as a key driver for the capital to break through, striving for double-digit GRDP growth. The city’s 2026 capital plan is VND 126,000 billion; to date, it has been detailedly allocated to tasks and projects according to regulations and central directives,” Deputy Director of Hanoi Department of Finance Nguyen Xuan Sang informed.
Ministry of Construction: Committing to disburse over 95% by January 31st, 2026
In 2025, the Ministry of Construction was allocated VND 74,320 billion in public investment capital. By December 31st, 2025, the Ministry had disbursed about 76.6%. Deputy Minister of Construction Nguyen Danh Huy said that in 2025, due to extreme weather conditions, the Ministry of Construction proactively and flexibly managed field work and concentrated disbursement in the last 2 months when there was enough volume for acceptance.
“In the 9 days from December 31st, 2025, to today, January 9th, 2026, the Ministry of Construction has disbursed an additional VND 14,000 billion, and the current disbursement rate is 90.4%. From now until the end of the fiscal year (January 31st, 2026), the Ministry of Construction commits to disbursing 95% of the total allocated public investment capital and strives to disburse 100% as directed by the Prime Minister,” Deputy Minister Nguyen Danh Huy affirmed.
Additionally, the Ministry of Construction’s leadership said that in 2026, the Ministry was allocated over VND 133,000 billion in public investment capital. Currently, the Ministry has allocated all capital to investors and issued directives and plans to disburse 100% of public investment capital in 2026.
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