According to the Ministry of Finance, regarding the 2025 capital disbursement plan, it is estimated that from the beginning of the year to 31 August 2025, disbursement reached 409,174.5 billion VND, equivalent to 39.9% of the plan and 46.3% of the target assigned by the prime minister. This result is significantly higher than in previous years and far surpasses the same period in 2024.
At present, 19 localities have achieved relatively good disbursement results. According to the General Statistics Office and the Ministry of Finance, Ho Chi Minh City has made substantial progress in public investment capital disbursement. The city’s disbursement progress this year has been assessed as much more positive compared to recent years.
In the first eight months of 2025, capital for basic construction and major repairs from the state budget managed by the city is estimated at 74,463 billion VND, reaching 48.8% of the 2025 plan, and 62.6% of the capital assigned by the government, marking an increase of 52.3% compared with the same period last year.
In Ha Noi, in the first eight months of 2025, public investment capital disbursement was carried out actively, rising 33.2% compared with the same period last year. Investment capital from the state budget managed by this locality reached 50.9 trillion VND, achieving 48.7% of the annual plan.
However, with nearly the third quarter over and only four months left in the year, nearly 53% of public investment capital still needs to be disbursed. Currently, progress remains slow in many ministries, sectors and localities. Only seven out of 42 ministries and sectors have achieved disbursement rates higher than the national average, while 35 are below average, and 15 localities are still slow in disbursement.
The reasons identified include delays in land valuation, site clearance, and investment plan adjustments, as well as fluctuations in material prices, which have not been resolved in a timely manner.
To achieve the goal of 100% disbursement by the end of 2025, in Official Dispatch No. 159/CD-TTg (dated September 7, 2025) on guidelines for directing and administering fiscal and monetary policies, Prime Minister Pham Minh Chinh requested that by the end of the third quarter of 2025, the minimum disbursement rate should reach about 60% of the plan, and the full year must reach 100% of the 2025 capital plan.
The Ministry of Finance has required the urgent allocation of the 2025 public investment capital plan that has not yet been detailed by 30 September 2025 in accordance with regulations.
For national key projects, difficulties and obstacles must be addressed, project implementation progress accelerated, inspection and supervision strengthened, and responsibilities clearly assigned to enhance management efficiency from the grassroots level.
In the coming period, the Ministry of Finance will develop a “guideline handbook” to be applied uniformly nationwide in addressing issues and arising problems during project implementation.
