Optimizing the 2021–2025 Mid-Term Public Investment Plan: Strategic Adjustments for Maximum Impact

Deputy Prime Minister Hồ Đức Phớc has signed Decision No. 2463/QĐ-TTg dated November 10, 2023, adjusting the medium-term public investment plan for the 2021–2025 period. This decision reallocates central budget capital among ministries, central agencies, and localities, while also updating the project portfolios of these entities.

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Regarding the medium-term public investment plan from the central budget for the 2021-2025 period, VND 184.443 billion has been reallocated for the construction project of the Central Committee’s Propaganda Department office. The project has been transferred from the Central Party Office to the Government Office for continued implementation.

Additionally, VND 21.065 billion has been reallocated for the renovation project of the Presidential Palace. This project has been transferred from the Office of the President to the Central Party Office for continued implementation.

The entire investment plan for four central agencies—the Vietnam General Confederation of Labor, the Central Committee of the Ho Chi Minh Communist Youth Union, the Central Vietnam Women’s Union, and the Vietnam Farmers’ Union—has been consolidated into the plan of the Central Committee of the Vietnam Fatherland Front.

VND 19.7 billion has been reallocated for the investment project of the Binh Duong Market Management Department headquarters. This project has been transferred from the Ministry of Industry and Trade to Ho Chi Minh City for continued implementation.

Furthermore, VND 13.3 billion has been reallocated for the investment project of the Ha Giang Market Management Department team headquarters. This project has been transferred from the Ministry of Industry and Trade to Tuyen Quang Province for continued implementation.

The decision also includes the allocation and supplementation of project lists and capital levels from the adjusted reduction within the medium-term public investment plan from the central budget for the 2021-2025 period. This applies to three central agencies and localities: the Central Committee of the Vietnam Fatherland Front, the Ministry of Finance, and Hanoi.

The decision emphasizes that ministries, central agencies, and localities must base their actions on the medium-term public investment plan from the central budget for the 2021-2025 period. They are required to notify their subordinate agencies and units, ensuring compliance with the Law on Public Investment, National Assembly resolutions, and the effective use of funds for their intended purposes.

Based on the list of projects added to the plan, the Central Committee of the Vietnam Fatherland Front, the Ministry of Finance, and Hanoi are responsible for allocating and adjusting internal plans within their authority. This ensures the supplementation of capital for the projects and their deployment, guaranteeing full disbursement of the allocated capital by 2025.

Ministries, central agencies, and localities are accountable to the Prime Minister, inspection agencies, audit bodies, and relevant authorities for the accuracy of reported content, data, project lists, and allocated capital. They must ensure compliance with legal regulations and combat negativity, corruption, group interests, and favoritism.

The implementation and disbursement of the medium-term public investment plan for the 2021-2025 period must adhere to the Law on Public Investment and related legal provisions.

The Ministry of Finance, in accordance with its state management responsibilities for public investment, is accountable to the Prime Minister, inspection agencies, audit bodies, and relevant authorities for the accuracy of reported content and data, ensuring compliance with legal regulations.

Huy Khải

– 21:48 10/11/2025

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