Ministry urges efforts to accelerate public investment disbursement
Investment-
The Ministry of Finance aims to reach a public investment disbursement rate of 60% by the end of the third quarter and 100% by the year's end.
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The Ministry of Finance aims to reach a public investment disbursement rate of 60% by the end of the third quarter and 100% by the year's end.
Vice Chairman of the provincial People’s Committee Nguyen Cao Son and a working delegation on July 29 afternoon inspected the progress of site clearance for the North South high-speed railway project running through Ninh Binh province.
Authorities are focusing on boosting traditional growth drivers such as investment, consumption, and exports while implementing a broad array of policy measures to maintain economic momentum.
With strong determination and tireless efforts on the ground, key transport infrastructure projects are being acccelerated. Thanks to this proactive approach, many are expected to be completed three to six months ahead of schedule, creating strong momentum to help surpass the 8% economic growth target for this year.
The People’s Committee of Ninh Binh Province has submitted a proposal to the Ministry of Construction for the development of several strategic transport infrastructure projects, most notably the construction of Ninh Binh International Airport, which is planned to be located in Liem Tuyen Ward.
A delegation of the Ministry of Construction led by its Minister Tran Hong Minh on July 25 worked with Ninh Binh’s leaders on planning and investment of strategic transport projects in the province.
The formation of a new province with an expanded development space is creating a turning point in the orientation of industrial development. Industrial clusters (ICs) are not only a fulcrum for local production but also play a strategic satellite role, sharing functions, supporting and reducing the load for large industrial parks (IPs). In particular, the trend of developing ICs in a green and smart direction is considered a solution to the goal of both economic growth, environmental protection and preserving the identity of the heritage land.
The Government Office has just issued Notice No. 378/TB-VPCP on the conclusion of Deputy Prime Minister Le Thanh Long during his visit and inspection of the construction projects of the second facilities of Viet Duc Friendship Hospital and Bach Mai Hospital in Ninh Binh province.
In the first six months of 2025, overseas Vietnamese missions carried out nearly 300 economic diplomacy events, including trade, investment, and tourism promotion activities. They supported localities in organising over 150 promotion activities both at home and abroad, and helped facilitate 30 agreements between Vietnamese localities and international partners.
After the administrative boundary mergence, Ninh Binh province is entering a new development phase with a large scale, open potential and long-term vision. Not only maintaining its role as a key national cultural and tourism centre, the province has also strongly risen in attracting investment, gradually affirming its position as a strategic destination for domestic and foreign capital flows, thereby creating the image of a dynamic, modern, integrated and trustworthy locality on the national investment map.
The northern province of Ninh Binh will allocate 27 resettlement areas for households affected by the North-South high-speed railway project.
The project on expanding the Eastern North-South Expressway’s Cao Bo Mai Son section is one of the key national projects that holds strategic significance in developing infrastructure and creating a driving force for economic growth of localities in the Red River Delta region.
Vietnam now has 16,855 certified OCOP products rated three stars or higher. Of these, 76.2% are three-star products, 22.7% are four-star and 126 products have achieved five-star national recognition.
Ninh Binh province’s GRDP growth was estimated to reach 10.82% in the first half of 2025, ranking among the country’s top provinces and centrally-run cities.
A total of 1,988 new projects were licensed in the first half, up 21.7% year-on-year, with newly registered capital amounting to nearly 9.3 billion USD. Foreign investors poured capital into 18 out of 21 economic sectors.
The Ministry of Construction has urged Ninh Binh authorities to prepare a feasibility study on the potential development of an international airport in the province, the ministry said in a report submitted to the Government regarding a proposal from private construction company Xuan Truong.
The Ninh Co Economic Zone (EZ) was established under the Prime Minister’s Decision No. 88/QDTTg dated January 14, 2025, marking an important turning point in the development of marine economy of Ninh Binh province.Ninh Co Economic Zone is developed to become a new coastal economic centre of the Red River Delta.
The Ninh Binh provincial People’s Committee has issued decisions on the establishment of two new industrial clusters (IC) with combined investment of 1.65 trillion VND (63.15 million USD).Photo for illustration.
The Ministry of Construction (formerly the Ministry of Transport) and the CAAV have actively implemented the necessary measures to meet CORSIA’s requirements.Aircraft at a local airport in Vietnam (Photo: VNA)
Prime Minister Pham Minh Chinh called for an 11–12% year-on-year increase in total social investment. Meanwhile, greater efforts are needed to fully disburse public investment by December 31. Substandard housing for people with meritorious service must be eradicated by July 27, with nationwide completion slated for August 30.PM Pham Minh Chinh at the regular June cabinet meeting on July 3. (Photo: VNA)
Right before the date of merging on July 1, Ninh Binh and Ha Nam provinces hadannounced lists of 12 urban area projects with an estimated investment capital of more than 22.5 trillion VND (994 million USD).A perspective of 16.5 trillion VND project in Ninh Binh.
Vietnam has recently issued a lot of strategic policies and mechanisms, which are expected to help it continue pursuing the economic growth target of at least 8% this year, in the context that the country is accelerating institutional reform and streamlining its organisational apparatus. Unloading goods at Hai Phong Port - Illustrative image (Photo: VNA)
A ground-breaking ceremony was held by the People’s Committee of Hoa Lu city on June 28 for a bridge spanning over Trang An river.Delegates at the ground breaking ceremony.
The Government Office has recently sent a document to the Minister of Construction and the provincial People’s Committees of Ninh Binh, Nam Dinh and Ha Nam provinces, and Xuan Truong Construction Enterprise, conveying Deputy Prime Minister Tran Hong Ha’s instruction on proposed projects on building an international airport, roads and bridges in Ninh Binh.Xuan Truong Construction Enterprise suggest to build an international airport in Y Yen district (Nam Dinh province).
Six resolutions related to infrastructure, Hai Phong city, 2023 state budget settlement, and the laws on organisation of People's Court and People's Procuracy were passed at the 15th National Assembly's 9th session on June 27.The legislature passes the Resolution on the investment policy for the Quy Nhon – Pleiku Expressway Project (Photo: VNA)
