By the end of September 2026, Dong Nai had disbursed about VND18.6 trillion in public investment capital, equivalent to nearly 69% of the capital plan assigned by the Prime Minister. This rate was more than 4 percentage points higher than the national average, placing Dong Nai among the country’s leading localities in terms of both the scale and pace of public investment disbursement. However, with more than 31% of the plan yet to be disbursed, the city still faces considerable pressure. To achieve 100% disbursement of its public investment plan, Dong Nai must disburse more than VND2.3 trillion in each remaining month of 2026.
With little time left, the city needs to assess the actual workload of each project and the amount of documentation eligible for payment. To fully disburse public investment capital, Dong Nai must review each project and immediately focus resources on those with cleared sites and the capacity to accelerate construction and make payments. For projects facing obstacles, the city must identify the specific problems, the agencies responsible and the deadlines for resolving them. A project delayed by several weeks may not have a major impact on overall disbursement. However, delays affecting dozens of projects simultaneously could leave trillions of VND outside the economy.
A major bottleneck in the disbursement of public investment in Dong Nai remains site clearance. For large-scale transport projects, even a section where compensation and site clearance have not been completed can disrupt construction. Therefore, site clearance must be regarded as a key task and given priority in resource allocation. Local authorities where projects are located also need to work closely with relevant departments and agencies to promptly resolve obstacles at problematic sites.
Construction materials are another issue that cannot be overlooked. Even when sites are available, projects cannot proceed if they lack soil, stone or sand. The city, therefore, needs to proactively balance material supplies for key projects, resolve bottlenecks within its authority and ensure materials reach construction sites on time.
Dong Nai is implementing many major infrastructure projects, particularly those connecting Long Thanh International Airport and the inter-regional transport network. These projects can open up new development space, reduce logistics costs and create greater potential for attracting investment. Therefore, every day of delay means not only a delay in disbursing funds but also a delay in putting new infrastructure into effective use.
The city is reviewing each project and investor to identify which units are behind schedule, the causes of the delays, and which portions of capital can be disbursed in October, November and December. Based on this review, capital will be transferred, in accordance with regulations, from projects that are no longer capable of disbursing funds to those with greater workloads and stronger capacity to absorb capital. The city’s position is clear: public investment capital should not be left “waiting” for a project that has “stalled” while other projects lack funding for construction.
Dong Nai’s public investment disbursement results after nine months are highly commendable. However, these results are not yet grounds for complacency, as a substantial and challenging workload remains. At the same time, achieving 100% disbursement of the plan does not mean disbursing funds at all costs. Public investment capital should be disbursed only when there is actual completed work, progress is on schedule, and construction quality is assured. The effectiveness of public investment does not lie in the amount of money spent, but in the value of the infrastructure created and the additional growth capacity it generates for the city.
By Khanh Minh – Translated by Mai Nga, Minho
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