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Saturday, September 6, 2025

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Pressure before the finish line

Nearly 44% of public investment funds were disbursed in the first seven months—a positive sign amid the country’s ongoing efforts to restructure and streamline its administrative apparatus. Several localities have made notable progress, and some ministries and sectors have delivered outstanding performance. However, despite these encouraging developments, a substantial portion of funds remains idle. Procedural hurdles persist, and many units have yet to be fully integrated into the system. These challenges underscore the significant pressure to meet disbursement targets by year-end. According to data from the Ministry of Finance, by the end of July 2025, total public investment disbursements had reached over VND338.3 trillion—equivalent to 43.9% of the target set by the prime minister. This represents an increase of more than 10% compared to the same period last year. The improvement is particularly noteworthy given the substantial workload involved in reorganizing the administrative apparatus and reviewing planning and capital sources. Notably, disbursement of local State budgets reached 57.5%, a significant rise from 33.3% in the same period last year. This sharp increase reflects greater proactivity and flexibility among localities in managing budgets and regulating public investment. Several ministries and sectors have also exceeded the average disbursement rate. Of particular importance […]
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