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Update news public investment
Vietnam's largest city plans to use offshore sand for infrastructure construction and allow deeper quarrying as a severe shortage of filling materials threatens to slow public investment projects.
VN's economy expanded 9.01% in the first 9 months of 2026, far outpacing the 2.9% global growth forecast for the year. Reaching its full-year target of at least 10% will require a strong final quarter, with public investment playing a crucial role.
National Assembly Chairman Tran Thanh Man has called for more rigorous evaluation of nationally important investment projects, urging lawmakers to minimize the need for investment adjustments or requests for additional funding during implementation.
The acceleration of disbursement, coupled with improving the efficiency of public investment management, is identified as a key task to fulfill a dual goal of promoting economic growth and social investment capital utilisation.
Hanoi has significantly accelerated the disbursement of public investment capital in recent months, reinforcing its role as a key engine of economic growth and laying the groundwork for the capital city's development targets.
Provincial authorities have been urged to strengthen anti-corruption oversight while making the fight against waste a central priority.
Vietnam's government has directed authorities to reorganize and adjust commune-level administrative units in line with the Politburo's policy to improve the efficiency of the country's two-tier local government system.
Vietnam's State Treasury has collected nearly two-thirds of its planned annual budget revenue while continuing to accelerate public investment disbursement.
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.