Prime Minister Urges Accelerated Disbursement of Nearly $43 Billion in Public Investment Capital Starting Early 2026

In attendance were Deputy Prime Ministers, leaders of ministries, sectors, central agencies, and local authorities.

In his opening remarks, Prime Minister Pham Minh Chinh emphasized that there are approximately 20 days left to achieve the target of disbursing 100% of public investment capital for 2025 (by January 31, 2026). Simultaneously, efforts must begin immediately to allocate and implement projects, ensuring full disbursement of public investment capital for 2026.

The Prime Minister stressed that public investment holds significant importance and is always identified as a key political task. Directive 366-QD/TW of the Politburo on evaluating and classifying the quality of collectives and individuals within the political system also identifies public investment disbursement as a criterion for assessing officials.

Through state spending, public investment directly increases aggregate demand, serving as an effective tool to regulate and stabilize the macroeconomy, maintaining the economy’s major balances. Investment is one of the growth drivers, with public investment playing a leading role in stimulating private and FDI investments, creating a strong ripple effect, promoting production, business, employment, and livelihoods for the people. This, in turn, enhances total social investment capital, fostering rapid and sustainable growth. Public investment establishes strategic infrastructure, enhances national competitiveness, opens new development spaces, reduces production costs, saves time, and boosts the competitiveness of goods and services.

The Prime Minister noted that the Government and the Prime Minister have consistently focused on and vigorously directed the acceleration of public investment disbursement, implementing 3 National Target Programs from the beginning of the year.

In 2025, the Standing Government Committee held 4 Conferences on accelerating public investment disbursement. The Government issued 11 resolutions, the Standing Government Committee issued 2 conclusions, and the Prime Minister issued 8 directives, telegrams, and numerous documents to accelerate public investment disbursement. The Prime Minister, Deputy Prime Ministers, and Government members conducted numerous working trips directly with localities to inspect actual conditions and urge the implementation of projects and works.

By the end of December 2025, public investment disbursement for 2025 reached over 755 trillion VND, achieving 83.7% of the plan assigned by the Prime Minister, 3.4% higher in terms of ratio and 206.6 trillion VND higher in absolute terms compared to the same period in 2024.

Thus, there are approximately 20 days left in January 2026 to disburse the remaining 16.3% of the 2025 public investment capital. Simultaneously, efforts must begin immediately to disburse the 2026 public investment capital, totaling nearly 995.4 trillion VND, a 10.4% increase compared to 2025.

To accelerate the disbursement of 2025 public investment capital and expedite the allocation and disbursement of 2026 public investment capital from the beginning of the year, focusing on leadership and direction to achieve 100% disbursement, contributing to double-digit growth in 2026, the Prime Minister requested delegates to focus on discussing and clarifying why, under the same institutions, mechanisms, and policies, some localities perform well while others do not; the difficulties, obstacles, and “bottlenecks” that need to be addressed; and the key tasks and solutions for the coming period.

According to the Ministry of Finance’s report, the total capital for 2025 allocated by the Prime Minister to ministries and central agencies is 902,075.555 trillion VND (if including additional local budget allocation plans and carry-over plans from previous years, the total capital to be disbursed is 1,166,535.8 trillion VND).

Disbursement from the beginning of the year to December 31, 2025, reached 755,141.6 trillion VND, achieving 83.7% of the plan assigned by the Prime Minister. Thus, the remaining 2025 capital plan to be disbursed by January 31, 2026, to achieve the target of 100% disbursement of the plan assigned by the Prime Minister is 146,933.955 trillion VND.

For 2026, the Prime Minister has allocated a public investment plan from the state budget to ministries and central agencies totaling over 995,000 trillion VND (including 5% savings from central budget investment expenses to supplement the Ministry of Construction’s implementation of the Lao Cai-Hanoi-Hai Phong High-Speed Railway project).

As of January 7, 2026, ministries, central agencies, and localities have allocated and assigned detailed state budget investment capital plans for 2026 to task lists and projects, totaling 851,822.535 trillion VND, achieving 85.6% of the plan assigned by the Prime Minister.

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