Positive signals in public investment disbursement

Over the past month, public investment disbursement in Dong Nai City has reached more than twice the total amount released during the previous four months combined. As longstanding bottlenecks are gradually being removed, the city’s investment disbursement efforts have gained fresh momentum.

According to the Department of Finance (DoF), Dong Nai City’s total 2026 state budget-funded public investment plan exceeds VND27 trillion. After implementing the mandatory 5% deduction for public investment expenditure savings in accordance with central regulations, the city’s remaining public investment plan stands at more than VND25.8 trillion.

Over VND4 trillion disbursed within a month

According to the DoF, as of May 21, 2026, total public investment capital disbursed across the city had surpassed VND6.2 trillion, equivalent to nearly 23% of the annual plan. Based on the adjusted capital plan after the 5% expenditure-saving deduction, Dong Nai’s public investment disbursement rate exceeded 24% of the planned capital target.

Construction work on Le Duan Road upgrading and expansion project in Long Thanh ward. Photo: Pham Tung

Earlier figures from the DoF showed that, as of April 24, 2026, total public investment disbursement citywide had reached only slightly above VND2 trillion. Accordingly, in less than one month, from April 24 to May 21, 2026, Dong Nai disbursed an additional more than VND4 trillion in public investment capital, twice the amount released during the first more than four months of the year.

The DoF also reported that, as of May 21, 2026, among the 41 project owners assigned capital targets by the Dong Nai City People’s Committee, 26 had achieved disbursement rates of at least 30% of their annual capital plans. Of these, three project owners reached a 100% disbursement rate, four achieved between 50% and 82%, while 19 recorded rates ranging from 30% to 50%.

Meanwhile, eight project owners posted disbursement rates between 20% and under 30%, whereas seven remained below the 20% threshold.

Ho Van Ha, Vice Chairman of the Dong Nai City People’s Committee, said public investment disbursement had recorded encouraging progress over the past month, with the pace of capital release accelerating markedly compared to the early months of 2026.

Further removing bottlenecks

 Although public investment disbursement has recorded notable progress, the current rate still falls short of expectations relative to established targets. Previously, Dong Nai had aimed to achieve a disbursement rate of 30% of the 2026 capital plan by May 13, 2026. However, the target was not met.

Construction underway on the Cai River embankment road project.

According to the DoF, in early May 2026, following directives from the municipal People’s Committee, project owners and commune-level People’s Committees actively intensified implementation efforts with a strong sense of responsibility, working extended hours, including weekends, particularly in coordinating compensation approval and site-clearance procedures. Several project owners have adopted round-the-clock “three-shift, four-crew” construction schedules across ongoing projects. Nevertheless, 21 units have yet to meet the disbursement targets assigned by the municipal People’s Committee. At the commune level, disbursement rate remains particularly low, at under 5% of planned capital.

At a May 22 meeting reviewing the progress of 2026 public investment disbursement, Vice Chairman Ho Van Ha stressed that, although the target of achieving 30% disbursement by mid-May had not been fulfilled, it must be completed by the end of May. “Dong Nai City is targeting a 50% disbursement rate for the full-year capital plan by the end of June 2026,” Ho Van Ha emphasized.

He instructed departments, agencies, project owners and local authorities to place public investment disbursement at the forefront of their work, shifting from a procedure-driven mindset to a results-oriented approach, with outcomes serving as the primary benchmark for performance evaluation, particularly in site clearance for project implementation.

According to the DoF, in order to reach the target of 30% disbursement of the 2026 capital plan by the end of May, Dong Nai must disburse an additional approximately VND1.6 trillion during the remaining days of the month.

As one of the project owners assigned a large capital allocation, Dinh Tien Hai, Director of the City Construction Investment Project Management Board, said his unit had initially been allocated more than VND4.2 trillion in planned capital. To date, the unit’s disbursement rate has reached 48% of its assigned plan.

However, when including the additional VND3.5 trillion allocated to the Ho Chi Minh City’s Ring Road 4 project, of which only VND800 billion has so far been disbursed,  the board’s overall disbursement rate stands at roughly 40% of its assigned plan.

“With the target of achieving a 50% disbursement rate by the end of June, the City Construction Investment Project Management Board is committed to meeting the objective,” Dinh Tien Hai said.

By P.Tung – Translated by M.Nguyet, Thu Ha