VOV.VN - Minister of Finance Nguyen Van Thang outlined key solutions at the National Assembly’s question time in Hanoi on June 19, aimed at promoting business development, enhancing competitiveness, and accelerating public investment to support sustainable economic recovery.
Vietnam’s public investment efforts are gaining significant results, with total capital disbursed from the beginning of 2025 through May 31 estimated at VND199.33 trillion (US$7.65 billion), according to a new report from the Ministry of Finance (MoF).
VOV.VN - Prime Minister Pham Minh Chinh, while chairing a Government meeting on public investment in Hanoi on May 20, asked ministries, sectors, and localities to identify bottlenecks and take responsibility for underperformance, in an attempt to accelerate public investment disbursement.
A 40% increase in infrastructure investment that the Vietnamese Government is now planning would add approximately 2 percentage points to Vietnam’s 2025 GDP growth - if the Government manages to hit its disbursement targets this year, according to Michael Kokalari, chief economist at VinaCapital.
Prime Minister Pham Minh Chinh on March 1 signed Directive No. 05/CT-TTg outlining key tasks and breakthrough solutions to drive economic growth and accelerate public investment disbursement, ensuring that Vietnam’s GDP growth reaches at least 8% in 2025.
VOV.VN - Disbursement of foreign investment last year reached about US$25.35 billion, up 9.4% compared to the figures from 2023, recording the highest disbursement level recorded so far, according to the latest data released by the General Statistics Office (GSO).
VOV.VN - By the end of the year the disbursement rate for public investment capital sourced from foreign loans allocated to ministries, sectors, and localities has only met about one third of the overall plan.
Vietnam is speeding up public investment disbursement to push growth, after going through difficult times due to the severe economic impact of Typhoon Yagi.
Provinces, ministries and government agencies had allocated VND664.9 trillion (US$26.7 billion) for public investment as of the end of September, showed data from the Ministry of Finance (MoF).
VOV.VN - Vietnam’s industrial production remains on an upward trajectory, with the index of industrial production (IIP) over the past eight months estimated to rise by 8.6% over the same period last year, the General Statistics Office (GSO) reported.