Over 38 billion USD in public investment to fuel new growth momentum
Public investment is a decisive growth lever for 2026, provided that implementation is carried out in a more proactive, disciplined and results-oriented manner from the outset.
Public investment is a decisive growth lever for 2026, provided that implementation is carried out in a more proactive, disciplined and results-oriented manner from the outset.
Economists said that the continued growth in realised FDI reflects foreign investors’ sustained implementation and expansion of production and business activities in Vietnam. This is seen as an encouraging signal, underscoring investors’ confidence in Vietnam’s business environment and economic prospects.
Prime Minister Pham Minh Chinh noted that public investment capital for this term has risen by 55% compared to the previous term. For 2025 alone, the figure totals approximately 1.11 quadrillion VND (421.38 million USD) with the Government striving for 100% disbursement to help spur growth and development.
Vietnam's foreign direct investment (FDI) disbursement reached 15.4 billion USD in the January-August period, up 8.8% from the same period last year, according to the National Statistics Office (NSO). This marks the highest level for the eight-month period in five years.
During 2025-2027, Vietnam aims to mobilise over 2.22 quadrillion VND in official development assistance (ODA) and foreign concessional loans.
The MoF said that the 2025 public investment plan, approved at a historic 1.09 quadrillion VND, represents the largest capital allocation in Vietnam’s history. It is designed to fuel infrastructure upgrades, job creation, and post-pandemic economic recovery.
Vietnam's foreign direct investment (FDI) disbursement reached 15.4 billion USD in the January-August period, up 8.8% from the same period last year, according to the National Statistics Office (NSO).
The MoF stressed that meeting the 2025 disbursement target is essential to achieving GDP growth of at least 8%.
The figure accounted for 22.2% of the yearly plan and 24.1% of the target assigned by the Prime Minister, marking a stronger pace than the same period last year when disbursement stood at 20.33% of the plan and 21.63% of the Government’s allocation.
Amidst global economic and political turbulence, Vietnam’s economy showed impressive resilience in the first quarter, growing by 6.93%, with a key highlight being foreign direct investment attraction and disbursement.
Between 2021 and 2024, the annual average disbursement rate was just 52%. In the first four months of 2025, the rate was only 4.6%, significantly lower than the national average disbursement rate for public investment of approximately 8% during the first quarter.
Statistics show that the disbursment of foreign direct investment was the highest in the last five years, coupled with a significant increase in Vietnam's investment abroad.
The northern port city of Hai Phong disbursed about 13.5 trillion VND (531.6 million USD) of public investment capital in the first 11 months of this year, equal to 79.2% of the annual plan assigned by the Prime Minister and 64.2% of its own target, according to the Ministry of Finance.
Disbursement of foreign investment reached about 19.58 billion USD in the first 10 months of this year, up nine% year-on-year, a report from the Ministry of Planning and Investment's Foreign Investment Agency (FIA) has shown.
Thai Prime Minister Paetongtarn Shinawatra has asked government agencies to expedite the investment budget for fiscal year 2025 to stimulate the economy.
Provinces, ministries and government agencies had allocated 664.9 trillion VND (26.7 billion USD) for public investment as of the end of September, showed data from the Ministry of Finance (MoF).
As of early October, the southern province of Tien Giang had disbursed almost 3.8 trillion VND (over 153 million USD) in public investment, accounting for 76.3% of this year's target – about 4.97 trillion VND, reported the provincial Department of Planning and Investment.
The Ministry of Transport plans to disburse 75.824 trillion VND (3.03 billion USD) or 98.5% of the allocated public investment to the ministry this year, according to the Department of Planning and Investment's report.
The Ministry of Transport is keeping a close watch on monthly public investment disbursement progress and transferring capital from projects with slow disbursement to more capable ones.
Prime Minister Pham Minh Chinh has asked for breakthrough solutions to fulfil the target of 95% in the disbursement rate of public investment capital in 2024.