Vietnam has issued a compelling call to expedite the allocation and disbursement of public investment funds aimed at enhancing economic growth and maximizing the effective use of state resources. This directive stems from recent guidelines signed by Deputy Prime Minister Nguyen Van Thang.
According to government statistics, only 11% of the scheduled public investment funds had been allocated by March 31, 2026. While this represents a modest increase over the same timeframe in 2025, various ministries and local authorities continue to experience setbacks in both the allocation process and actual spending.
Key factors contributing to the delay have been identified, including insufficient administrative discipline, a lack of decisive leadership, and project preparation delays. In some instances, while funds were available, projects remained stagnant due to incomplete planning or legal hurdles.
To counter these challenges, the government has mandated that all pertinent entities prepare detailed schedules for fund disbursement across various timeframes—weekly, monthly, quarterly, and annually. This aims to boost oversight, accountability, and expedite execution.
Specific officials have been tasked with overseeing each project to ensure that responsibilities are clear. The government has asserted that disbursement of public investment is a paramount political objective and a crucial measuring stick for institutional performance.
Additionally, authorities have been directed to reallocate resources from underperforming projects to those with stronger progress and greater demand. Prompt reporting will be implemented for projects unable to utilize funds, with strict deadlines enforced.
The government also highlighted the importance of enhancing project quality, enforcing stricter guidelines, and recognizing effective performance. Concurrently, stringent measures will be taken against delays, inefficiencies, or corrupt practices, which may include the removal of underperforming officials to ensure successful investment plan execution.
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