Public investment disbursement is progressing positively despite many difficulties.

According to the Ministry of Finance , regarding the capital plan allocation for 2025, if not counting the budget balance plan assigned by localities, which increased by 141,341 billion VND, the total allocated capital is 846,100 billion VND, reaching 95.65% of the capital plan assigned by the Prime Minister. The unallocated capital is 38,485.5 billion VND, which is central budget capital, accounting for 4.35% of the plan assigned by the Prime Minister (including 18/42 ministries, central agencies and 29/34 localities).

Regarding the disbursement of planned capital in 2025, the estimated disbursement from the beginning of the year to August 31, 2025 is 409,174.5 billion VND, reaching 39.9% of the plan, reaching 46.3% of the plan assigned by the Prime Minister .

Deputy Minister of Finance Tran Quoc Phuong shared with the press at the meeting. Photo: Duc Minh.

Deputy Minister Tran Quoc Phuong also pointed out a number of difficulties affecting the disbursement progress of projects.

Accordingly, the disbursement progress of projects related to the arrangement and reorganization of administrative units at all levels and the transition to a two-level local government organization model. Some provisions between laws, decrees, and circulars are still inconsistent, and some commune-level localities have not yet fully completed their apparatus. Commune-level People's Committees do not have specialized construction project management boards. Changes in responsibilities, powers, and project management processes at the local level. Many projects must be temporarily suspended for review and proposed adjustments to reduce capital plans.

Regarding capital allocation, the Prime Minister has just assigned additional capital, there is no volume to disburse. Commune-level localities are still focusing on the work of perfecting and operating the new government model, some units have proposed to adjust the capital plan due to the inability to implement or no longer need to use due to changes in the organizational model.

Disbursement is also related to policy mechanisms. These include problems with land pricing according to the Land Law, handling overlapping planning, authority to adjust capital plans between projects, and the lack of sub-law documents guiding the implementation of the Law on Investment under the PPP method...

Regarding the implementation of the work, in site clearance, there are difficulties such as: determining compensation land prices, slow handover of the site, difficulties in determining the origin of land use, completing land recovery documents through many steps; the merger leads to localities having many land price lists; the supply of construction materials is still limited; prices increase suddenly compared to the time of bidding, increasing project costs...

Regarding planning work, there are delays in establishing, approving, and adjusting plans, especially detailed plans and red lines, due to complicated procedures, overlaps, and lack of coordination between agencies.

For ODA projects, the investment procedures have not been completed; international bidding procedures are slow; preparations for signing contracts and handling problems in site clearance are underway; a number of ministries, branches and localities are still prioritizing the completion of documents for disbursements from special accounts according to the 2024 capital plan;...

Along with that are the unfavorable and complicated weather conditions. This is the force majeure that leads to the construction of projects not ensuring progress.

Deputy Minister Tran Quoc Phuong answers reporters' questions at the press conference. Photo: Duc Minh.

To achieve the target of disbursing 100% of public investment capital, the Ministry of Finance proposed to solve many problems.

Regarding the two-level model, the Ministry of Finance proposed to resolutely implement the conclusions and directions of competent authorities; thoroughly handle difficulties and problems. The Ministry of Justice proposed a plan to perfect the law related to decentralization, delegation of authority, and division of authority when organizing the two-level model. The Ministry of Home Affairs guided the establishment of public service units under the People's Committees at the commune level (providing public services and managing investment projects). The Ministry of Construction completed regulations guiding the decentralization of the implementation of the tasks of commune-level investors.

The Ministry of Finance also recommended urgently implementing the allocation of the 2025 public investment capital plan that has not been allocated in detail by September 30, 2025 as prescribed; developing disbursement plans and targets, requesting investors to report disbursement progress monthly and quarterly; promptly removing arising problems.

Continue to review and synthesize problems in policy mechanisms related to public investment disbursement according to functions and tasks to report and propose to competent authorities for consideration and timely resolution.

Focus on removing difficulties and obstacles, strengthening leadership and direction, and adding personnel in site clearance work.

For important national and key projects in the transport sector, the Ministry of Finance recommends that ministries, branches and localities carry out the tasks assigned by the Prime Minister in Report No. 401/TB-VPCP dated August 6, 2025; the Ministry of Construction and localities speed up the progress of projects.

The Ministry also requested localities to urgently implement and disburse capital for projects, especially important national projects and key projects in the transport sector where localities are the managing agencies.

For ODA projects, complete project investment procedures; closely follow project progress, remove obstacles and difficulties in project implementation and disbursement.

For local budget capital, localities should promote budget collection and propose additional sources if there is a revenue shortfall.

For national target programs, ministries, branches and localities need to proactively issue or submit documents guiding implementation, in sync with the process of administrative unit arrangement. Program management agencies urgently conduct reviews, synthesize actual needs, and propose recovery and reallocation.

Finally, the Ministry recommends strictly complying with the reporting regime according to Circular No. 37/2025/TT-BTC dated June 12, 2025 of the Ministry of Finance; agencies subject to reporting according to the provisions of Decision No. 1544/QD-TTg dated July 16, 2025; fully updating data information on the National Information System on Public Investment.

Source: https://baodautu.vn/giai-ngan-dau-tu-cong-dang-tien-trien-tich-cuc-du-gap-nhieu-kho-khan-d379791.html