Promoting public investment with greater decisiveness and efficiency

 On September 17, Politburo member and Prime Minister Pham Minh Chinh, together with members of the Party Central Committee, and Deputy Prime Ministers Ho Duc Phoc, Le Thanh Long, and Bui Thanh Son, chaired a nationwide online conference on accelerating public investment in 2025.

At the Dong Nai People’s Committee venue, Deputy Secretary of the Provincial Party Committee and Chairman of the Dong Nai People’s Committee Vo Tan Duc presided over the meeting.

Deputy Secretary of the Provincial Party Committee and Chairman of the Dong Nai People’s Committee Vo Tan Duc chairs the meeting at Dong Nai People’s Committee venue. Photo: Pham Tung

According to the Ministry of Finance, as of the end of August 2025, public investment disbursement nationwide reached VND 409 trillion, equivalent to over 46% of the plan assigned by the Prime Minister. This represents a 5.9% increase in the disbursement rate and more than VND 135 trillion in absolute value compared to the same period in 2024. Of this, nine ministries and central agencies, along with 22 localities, recorded disbursement rates above the national average.

For Dong Nai province, as of September 10, 2025, more than VND 11.8 trillion in public investment capital had been disbursed, meeting 33% of the capital plan and 37% of the plan assigned by the Prime Minister. To accelerate public investment disbursement, Dong Nai is currently directing units and localities to focus on site clearance for the projects.

Concluding the conference, Prime Minister Pham Minh Chinh emphasized that while public investment disbursement in 2025 has made progress, with results higher than the same period in 2024, bottlenecks and shortcomings remain, leaving a gap compared to the targets. The goal for 2025 is to achieve 100% disbursement of the public investment capital plan.

Prime Minister Pham Minh Chinh underscored the need to promote public investment with greater strength, decisiveness, and efficiency, while improving quality and preventing corruption, misconduct, and waste. Public investment should serve as a driving force for growth, acting as catalytic capital to stimulate, guide, and mobilize social resources, contributing to fostering economic growth, creating jobs, ensuring livelihoods, and improving the material and spiritual well-being of the people.

The Prime Minister also underlined the need to change mindsets, thinking, and practices, avoiding stagnation. Public investment disbursement must blend into the overall momentum of development, generating new trends and motivation, encouraging patriotic emulation movements, and contributing to nation-building and development. This will help realize the goals set for 2025, the entire 2021–2025 tenure, and the country’s two long-term centennial strategic objectives.

By Pham Tung-Translated by M.Nguyet, Thu Ha