Business

Public investment capital disbursement remains slow

Only over 220.7 trillion VN D (9.7 billion USD) worth of public investment capital was disbursed by the end of August, or 40.6 percent of the plan assigned by the Prime Minister.
Public investment capital disbursement remains slow ảnh 1Illustrative image (Photo: VNA)

Hanoi (VNA) – Only over 220.7trillion VN D (9.7 billion USD) worth of public investment capital was disbursed by the end of August, or 40.6 percent of the plan assigned by the Prime Minister.

The figure was 5.8 percentlower than the same period last year. Of which, the disbusement of domestic capital reached 44.7percent while that of foreign capital hit 7.94 percent compared to 21.26 percentrecorded in the same period last year, said the Finance Ministry.

So far, 10 ministries and 26 localities haverecorded disbursement of over 40 percent of the plan.

Meanwhile, 33 out of 50 ministries and 18 outof 63 localities disbursed below 30 percent, with 21 ministries and onelocality below 10 percent. Four ministries have not yet made disbursement.

The Finance Ministry attributed the slow disbursementto COVID-19 outbreaks in many localities and the suspension of projects in areasunder social distancing order in line with the Prime Minister’s DirectiveNo.16/CT-TTg.

Other causes relate to site clearance, changesin planning in several loclaities, and import of equipment in need of foreignconsultants’ approval.

Moreover, localities and several foreign sponsorshave yet to reach consensus on project implementation process, including in thecontrol of expenditures and disbursement.

Asso. Prof Dinh Trong Thinh suggested cuttingdown unnecessary procedures and improving the role of management agencies inplanning, appraisal and bidding.

The Finance Ministry also urged centrally-runagencies and localities to seriously follow the Prime Minister’s directions in Dispatch No.1082/CD-TTg dated August 16, 2021 on stepping up disbursementof public investment capital 2021./.

VNA
#public investment capital #Vietnamplus #Vietnam News Agency #Finance Ministry #social distancing order #project implementation process Vietnam
Follow VietnamPlus

Related News

See more

More than 4.1 million air passengers are forecast during the peak travel period of the Lunar New Year 2026. (Photo: VNA)

19 additional aircraft to be deployed to serve Lunar New Year peak period

During the pre-Tet peak, several routes from Ho Chi Minh City to destinations such as Hue, Thanh Hoa, Vinh, Pleiku, Tuy Hoa, Quy Nhon, Chu Lai and Dong Hoi have recorded booking rates above 90%, with some reaching 100%. In contrast, return flights from localities to Ho Chi Minh City remain low, with many flights reporting booking rates below 35% and several operating as ferry flights to return aircraft.

Shoppers at the first Glorious Spring Fair (Photo: VNA)

Spring Fair 2026: Opportunities for businesses to expand connections

Many businesses are doing more than presenting product functions; they are also telling the story of their raw-material regions, production processes, and social and environmental responsibility. This reflects a clear transition: companies are no longer competing solely on price, but increasingly on perceived value and consumer trust.

Vietnam Airlines will deploy wide-body Airbus A350 aircraft on its new nonstop Vietnam–Netherlands service starting June 16. (Photo: VNA)

Vietnam Airlines to launch first nonstop Hanoi–Amsterdam route

Nguyen Quang Trung, Deputy General Director of Vietnam Airlines, said that the nonstop Hanoi–Amsterdam route marks an important milestone in the carrier’s European network expansion strategy. Its presence at one of the world’s leading aviation hubs will not only broaden the airline’s business opportunities but also help strengthen economic, trade and investment connection, as well as people-to-people exchanges between Vietnam and the Netherlands, and Europe in general.

Central Highlands region's products on display at the first Glorious Spring Fair 2026 (Photo: VNA)

Spring Fair 2026: Traditional flavours find new pathways to market

Products rich in traditional flavours - from confectionery and processed agricultural goods to highland tea - are presented in refreshed designs that preserve cultural identity while meeting rising market standards, opening up prospects for expanded consumption and gradual entry into export markets.

Vietnamese fruits introduced to German consumers (Photo: VNA)

“Vietnamese Goods Day” promotes agricultural products in Germany

Vietnamese Ambassador to Germany Nguyen Dac Thanh said the event, held close to Vietnam’s Lunar New Year, helped promote Vietnamese tropical fruits while introducing Vietnamese cultural values to German consumers, and creating opportunities for Vietnamese businesses to connect directly with German importers.

Downtown area in Ho Chi Minh City. (Photo: VNA)

Vietnam's golden gateway: FDI poised for gains in 2026

More than just volume, the quality of FDI entering Vietnam has improved. The nation is evolving from a base for basic assembly and processing into a genuine contributor to hi-tech manufacturing and R&D across global value chains.