Prime Minister Pham Minh Chinh has issued a stern reprimand to 19 ministries, central agencies, and 28 localities that had yet to fully allocate their assigned 2025 state budget public investment capital as of March 15.

In an official telegram dated April 5, urging the acceleration of 2025 public investment disbursement, the Prime Minister instructed all ministries, agencies, and localities that have failed to fully allocate funds to conduct a serious review of collective and individual responsibilities and to implement disciplinary measures in accordance with legal regulations.

Additionally, the Prime Minister criticized 30 ministries and central agencies, along with 27 localities, for having a public investment disbursement rate below the national average as of March 31.

The telegram emphasized that in the context of global economic uncertainty and the impact of newly imposed U.S. tariffs on Vietnamese exports, the effectiveness of public investment disbursement is of critical importance to achieving the national growth target of at least 8%.

However, as of March 15, the detailed allocation of public investment capital for tasks and projects across all ministries, agencies, and localities had reached only about 93% of the plan assigned by the Prime Minister.

A significant amount of capital remains unallocated - VND 57.7 trillion (approximately USD 2.32 billion), accounting for about 7% of the total - across 19 ministries, central agencies, and 32 localities.

By March 31, the estimated disbursement rate reached only 9.53% of the annual target, down from 12.27% during the same period last year.

The Prime Minister urged all ministries, central agencies, and local governments to consider accelerating public investment disbursement a top political priority. He called for immediate proposals to address the remaining unallocated capital, to be submitted to the Ministry of Finance and updated in the national information system.

Simultaneously, the Prime Minister demanded stricter discipline and accountability, faster land clearance, project execution, and proactive resolution of obstacles within the scope of their authority and responsibilities.

Any investors, project management boards, organizations, or individuals found deliberately delaying the allocation or disbursement of public investment capital will be strictly penalized in accordance with the law.

The Vinh