Prime Minister Pham Minh Chinh has demanded acceleration of public investment disbursement, overcoming difficulties, and avoiding stagnation or the situation of “having money but unable to spend it.”

Change old mindset, avoid stagnation

On the morning of September 17, PM Pham Minh Chinh and Deputy Prime Ministers chaired the 3rd nationwide conference to promote public investment in 2025, connected online from the Government headquarters to all provinces and centrally-run cities, with participation from ministries, agencies, and local authorities.

In his concluding remarks, the Prime Minister, on behalf of the Government, acknowledged, commended, and highly valued the results achieved, especially by 9 ministries/agencies and 22 localities with disbursement rates at or above the national average, making important contributions to socio-economic development.

However, public investment disbursement still faces shortcomings and obstacles: slow land clearance, resettlement, increased material costs, weak procurement, inspection and supervision, and untimely handling of violations. Some localities remain passive, indecisive, lack accountability, or even avoid responsibility amid organizational restructuring.

As of the end of August 2025, 18 central ministries/agencies and 30 localities had not yet allocated nearly VND 38.4 trillion assigned by the PM. Twenty-nine ministries/agencies and 12 localities had disbursement rates below the national average.

The Prime Minister stressed lessons learned:

Strictly implement directives of the Party, State, and Government on public investment disbursement.

Strengthen leadership, decentralization, accountability, and monitoring under the principle of “six clarities: clear person, clear work, clear responsibility, clear authority, clear timeline, clear outcome.”

Show strong determination, decisive and creative action, with enhanced coordination between central and local levels.

Review and handle weak, negative and unfulfilled cadres

To ensure 100% disbursement this year, the PM requested:

Firstly, urgent review and classification of projects (good, slow, unable to disburse), setting monthly and quarterly progress schedules with clear responsibility of leaders.

Secondly, immediate allocation of the remaining VND 38.4 trillion; reallocation of funds from slow projects to those capable of faster disbursement; and proposals for adjustments submitted to the Ministry of Finance by September 20, 2025.

Thirdly, mobilization of the entire political system to accelerate land clearance, enhance communication to secure public consensus, and strict handling of project owners, management boards, or contractors that intentionally delay progress.

Ministries to promptly issue guiding documents on laws affecting investment and address shortages in construction materials for key transport and national projects.

The PM also directed the Ministry of Finance to review capital transfers, hold ministries/localities accountable for unused funds, and continue the work of eight task forces to remove bottlenecks in production, export, infrastructure, and public investment.

Above all, the PM called on leaders to uphold the highest sense of responsibility: “Do not allow stagnation, do not let money remain idle while projects stall.” Contractors must be carefully selected, monitored weekly, and replaced if failing to meet requirements.

In the first 8 months of 2025, public investment disbursement reached VND 409 trillion, equal to 46.3% of the plan, up 5.9 percentage points and nearly VND 135.3 trillion compared to the same period in 2024. Nine central ministries/agencies and 22 provinces recorded disbursement rates above the national average.