In an effort to accelerate public investment disbursement, the Government has issued Resolution 88, which entrusts the Ministry of Industry and Trade with this responsibility. Additionally, the ministry is required to propose disciplinary measures for those responsible for delays in public investment disbursement.

According to the Ministry of Planning and Investment, as of the end of May this year, ministries, bodies, and localities had disbursed VND628,778.247 billion, which corresponds to 88.9% of the task assigned by the Prime Minister. However, payment only reached 22% of the assigned task, indicating a decrease compared to the same period last year.

Thirty nine ministries, central bodies and 16 localities had disbursement rates of public investment below 15%, of which 32 ministries, central bodies and five localities disbursed below 10% of the plan.

However, eight ministries, central bodies, and 23 localities achieved high disbursement rates above 25%. Some localities, including Tien Giang, Dong Thap, Long An, and the Vietnam Academy of Science and Technology, recorded disbursement rates above 40%.

Source: Saigon Times