Vietnam’s state budget revenue surpassed VND1.42 quadrillion by mid-June, while public investment disbursement remained below one-quarter of the annual target.

With businesses seeking billions of dollars, banks raising deposit rates and the government accelerating infrastructure spending, Vietnam is entering an unprecedented competition for capital.

Vietnam disbursed nearly 219.36 trillion VND (8.3 billion USD) in public investment capital during the first five months of 2026, equivalent to 21.6% of the plan assigned by the Prime Minister, according to the Ministry of Finance (MoF).

PM Le Minh Hung on April 24 called for stronger action against fragmented public investment, while stressing greater accountability among leaders to ensure 100% disbursement of public investment capital as planned.

Public investment disbursement nationwide was estimated at 110 trillion VND (4.23 billion USD) as of the late March, or 11% of the Government-assigned capital plan, the Finance Ministry told its quarterly press briefing in Hanoi on April 9.

Vietnam’s public investment disbursement reached just 5.6 percent of the annual plan in the first two months of 2026, with dozens of ministries, agencies and localities reporting rates below the national average.

With total public investment planned at more than 1 quadrillion VND (38.52 billion USD) this year, the Government has demonstrated its determination to use public investment as a key driver to achieve economic growth of 10% or higher.

For 2026, the Government has allocated nearly 995.35 trillion VND in state budget investment, with about 85.6% already assigned as of January 7.

Vietnam allocated about 1.15 quadrillion VND (nearly 43.8 billion USD) for development investment in 2025, the highest ever recorded, the Ministry of Finance reported at its year-end review conference held in Hanoi on January 6.

As 2025 comes to a close, Vietnam finds itself in a moment of cautious optimism - celebrating remarkable economic gains while confronting the need for deeper, more sustainable reforms.

With just weeks left in the year, Prime Minister Pham Minh Chinh demands urgent action and accountability to meet public investment goals.

The government has announced that total social investment capital is expected to reach 33.2% of GDP in 2025, with a target of 40% in 2026 – an exceptional rate even among the fastest-growing developing economies in the region.

PM Pham Minh Chinh urged full disbursement of public investment this year, calling on leaders to take responsibility and enhance oversight for the people’s happiness.

Prime Minister Pham Minh Chinh signed an official dispatch on September 21, outlining key tasks and solutions to speed up public investment disbursement this year.

Vietnam’s public investment disbursement reached 409.17 trillion VND (15.49 billion USD) by August 31, equal to 39.9% of the annual plan and 46.3% of the Prime Minister’s target, the Ministry of Finance (MoF) reported.

Accelerating public investment disbursement is critical to sustaining Vietnam’s economic momentum and completing 2025 goals.

Faced with repeated government criticism, HCMC sets firm June capital targets.

While chairing an online national conference on boosting public investment as a key driver of economic growth in 2025 on May 20, PM Chinh stressed the need to revitalise traditional growth engines - investment, consumption, and exports.

According to the Ministry of Finance’s report, the total state budget investment capital plan for 2025 allocated to 16 units under the task force exceeds 253.25 trillion VND (9.75 billion USD).