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Viet Nam’s GDP growth is leading the ASEAN-6, driven by domestic strength, foreign direct investment (FDI), and public investment. While some international organisations have urged caution, these factors continue to underpin the economy’s sustainable growth momentum.
Public investment should serve as a key driver of growth, acting as seed capital to catalyse and mobilise all social resources, thereby fostering economic expansion, creating jobs and livelihoods, and improving the material and spiritual well-being of the people, PM Pham Minh Chinh stated.
Prime Minister Pham Minh Chinh on September 6 presided over the Government’s regular August meeting to assess the socio-economic situation in August and the first eight months of 2025, the disbursement of public investment, social security, national defence and security; and set out tasks and solutions for September and the remaining months of 2025.
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.
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)
Prime Minister Pham Minh Chinh on June 22 chaired a national teleconference to speed up substandard housing eradication, key transport projects, and public investment disbursement.PM Pham Minh Chinh speaks at the conference. (Photo: Tran Hai)
National Assembly Chairman Tran Thanh Man has urged accelerating public investment disbursement, simplifying administrative procedures to boost production and trade, and stepping up the decentralisation and delegation of authority for better efficiency.NA Chairman Tran Thanh Man speaks at the session. (Photo: VNA)
Prime Minister Pham Minh Chinh has asked ministers, heads of ministerial-level agences and leaders of localities to ensure that public investment capital is fully disbursed as planned, calling for a comprehensive database to track progress and enhance accountability.PM Pham Minh Chinh speaks at the conference. (Photo: VNA)
The government has requested ministries, sectors, and localities to strive for a public investment disbursement rate of at least 95% of the plan assigned by the prime minister in 2025, under the spirit that public investment will lead, activate, and attract all social resources. The bridge crossing over Thuan An Estuary, part of the coastal road project passing through Hue City, is expected to be completed by April 30, 2025. (Photo: Dinh Hoang)
Minister-Chairman of the Government Office Tran Van Son on March 14 had a working session with Ninh Binh’s leaders on the implementation of economic growth scenarios, public investment disbursement, import-export, building infrastructure and social housing and emulation drive to eradicate makeshift and dilapidated houses and other national targeted programmes in the province.The delegation and provincial leaders inspected the progress of a project on expanding the eastern North-South expressway’s Cao Bo-Mai Son section.
In the public investment plan for 2025, the Prime Minis allocates over 9.75 trillion VND (407 million USD) to Ninh Binh province.Construction at Van Hanh dyke and road (Hoa Lu city) is being sped up.
Vietnam has significant potential to improve its growth rate through the promotion of public investment, consumption, tourism, and the increasing contribution of high technology and digital transformation to economic expansion.The contractor is laying the first asphalt layer for package No. 21, part of component project 1 of the Bien Hoa-Vung Tau expressway, in the section passing through Dong Nai Province. (Photo: Cong Phong)
The dispatch highlighted that the detailed allocation of the capital accounted for only 96.07% of the Government leader’s assigned target as of January 23, with some 84.84 trillion VND (3.32 billion USD) remaining unallocated across 26 central agencies and 48 localities.Ministries, sectors, and localities are urged to speed up the allocation and disbursement of the public investment in 2025. (Photo: chinhphu.vn)
Deputy Prime Minister Tran Hong Ha has signed a decision to launch the comprehensive plan for urban and rural systems for the 2021-2030 period, with a vision to 2050.Under the plan, public investment projects, including major national initiatives, will adhere to the national priority list set in the National Master Plan for 2021-2030, with a vision to 2050. (Photo: VNA)
The Ministry of Planning and Investment has proposed that the government consider launching a 120-day-and-night campaign to disburse public investment capital for 2024. Construction of the North-South Expressway project, Van Phong-Nha Trang section. (Photo: TUAN KHAI)
