Ministry targets 60% public investment disbursement by Q3's end
The MoF stressed that meeting the 2025 disbursement target is essential to achieving GDP growth of at least 8%.
Construction at Sub-project No. 4 of the Chau Doc - Can Tho - Soc Trang expressway project, which is funded with public investment capital. Photo: VNA)
Hanoi (VNA) – 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.
This marks improvements from the respective 36.9% and 40.4% recorded in the same period last year. In particular, local budget-funded capital saw sharp progress, disbursing 58.3%, up 18.3% year on year.
The ministry set a goal of disbursing at least 60% of the Prime Minister’s target by the end of the third quarter and 100% by the year’s end.
To achieve this, the MoF asked ministries and provinces to finalise detailed public investment disbursement plans by September 30 to ensure timely allocation, strengthen monitoring to detect problems, promptly resolve bottlenecks facing each project, and report institutional obstacles to competent authorities for resolution.
Nine ministries and central agencies, and 22 provincial-level localities have met or exceeded the national average, while 29 central bodies and 12 localities remain below. Adjustments to disbursement rates now exclude recently added allocations as some units received capital late in the year.
Site clearance remains the biggest obstacle, with the ministry urging stronger action from local leaders. Priority is being placed on major national transport works to complete at least 3,000 km of expressways, over 1,000 km of coastal roads, and Long Thanh International Airport this year.
Key regional projects also need stronger disbursement such as Ninh Binh – Hai Phong Expressway, Ring Road 4 of the Hanoi Capital Region, Gia Nghia – Chon Thanh, Tan Phu – Bao Loc, Bao Loc – Lien Khuong, Ring Road 3 of Ho Chi Minh City, and HCM City – Moc Bai Expressway.
For ODA projects, authorities and investors were told to fast-track procedures, keep to schedules, and address obstacles immediately. Provinces were also reminded to boost budget revenue, especially from land, while complying with reporting rules under the ministry's Circular No. 37/2025/TT-BTC.
The MoF stressed that meeting the 2025 disbursement target is essential to achieving GDP growth of at least 8%./.
The programme to eliminate temporary and dilapidated houses has achieved notable results, with nearly 263,000 housing units addressed to date, including 225,000 houses inaugurated and 38,000 under construction. Thirty-eight provinces and cities across the nation have already fulfilled their targets.
The Chairman stressed the need for stricter fiscal discipline, faster digital transformation, and more efficient management of State budget revenues and expenditures.
Through this partnership, VinFast Philippines, a subsidiary of Vingroup JSC, one of Vietnam's largest conglomerates, will leverage on BDO's comprehensive suite of financial solutions including cash management, consumer banking, leasing, and insurance services and create tailored financing programmes for both retail and corporate customers.
Under the new system, passengers without checked luggage simply check in via VNeID or a kiosk, undergo facial recognition at security, and board by scanning their face. Those with baggage drop it at a counter before entering the same automated flow.
Vietnam values its international partnerships, including with the UK, Finance Minister Nguyen Van Thang noted, urging UK companies, funds and financial institutions, and those from Europe and worldwide, to continue expanding investment, transferring know-how, sharing management experience and advancing green finance and technology to realise Vietnam’s sustainable development vision.
Vietnamese Minister of Finance Nguyen Van Thang expressed gratitude for the UK’s active role in supporting Vietnam’s efforts to draft a National Assembly resolution on creating an international financial centre. The City of London, he noted, provided pivotal insights and recommendations to shape the groundwork and development roadmap for this hub.
Vietnam is ready to deepen economic cooperation with the Association of Southeast Asian Nations (ASEAN), China and other partners, embracing a strategy of “harmonised interests and shared risks” as it leverages its fast-growing economy and market of over 100 million people.
Tay Ninh, Nghe An and Quang Tri provinces have strategic locations and significant cooperation potential, said Nguyen Thi Thai Binh, Minister-Counsellor at the Vietnamese Embassy, expressing confidence that with creativity and determination, these provinces and their Korean partners will find ample opportunities for productive collaboration.
Jointly organised by the Vinexad National Trade Fair and Advertising JSC and Yorkers Exhibition Service Vietnam, the event features 1,200 booths of more than 650 exhibitors from 20 countries and territories, including Germany, India, Indonesia, Italy, Japan, the Republic of Korea, Singapore, Switzerland, Thailand, and the US.
Public investment should serve as a key driver of growth, acting as seed capital to catalyse and mobilise all social resources, thereby fostering economic expansion, creating jobs and livelihoods, and improving the material and spiritual well-being of the people, PM Pham Minh Chinh stated.
An official of the Foreign Trade Agency laid stress on the foundational role of rules of origin in international trade, highlighting the importance of capacity building for enforcement officers in the context of deep international integration.
Against the backdrop of the growing comprehensive strategic partnership between Vietnam and Russia, the promotion and export of Vietnam’s agricultural products not only diversify supply sources for the Russian market but also help enhance the brand values and competitiveness of Vietnamese enterprises in the market that remains untapped.
International trade is no longer merely an exchange of goods but a strategic lever enabling Vietnamese enterprises to enhance capacity, secure partnerships, and expand globally.
In the first eight months of 2025, Vietnam’s total trade value reached nearly 600 billion USD, up 16.3% year on year. Of this, exports stood at 306 billion USD, a 14.8% increase, already surpassing the full-year target.
Vietnam aims to maintain macroeconomic stability, control inflation below the target, achieve growth of 8.3-8.5%, ensure major economic balances, surpass budget revenue estimates by 25%, and control public debt, government debt, foreign debt, and budget deficit.
Reaffirming Vietnam’s commitment to foreign investors, Finance Minister Nguyen Van Thang said government policies always aim to ensure transparency, fairness and a mutually beneficial environment that promotes innovation and safeguards investor rights, making Vietnam a sustainable and long-term investment destination.
The State Bank of Vietnam must launch an official gold price information portal, study the establishment of gold exchanges, and issue guiding documents to implement the Government’s decree on the management of gold trading activities.
According to the World Bank Group, Vietnam will need approximately 368 billion USD in investment for climate adaptation and carbon reduction projects by 2040. Yet, as of the end of 2024, green credit accounted for just 4.5% of the country’s total outstanding loans.
Amidst robust digital transformation across all sectors, the food processing industry has tapped such digital technologies as Internet of Things, AI, blockchain and Big Data to optimise production process, control supply chain, and meet consumers’ demands.
The French side pledged to share technical guidelines and safety standards, with the Institute for Radiological Protection and Nuclear Safety (IRSN) ready to provide training for Vietnamese specialists.
