Prime Minister Pham Minh Chinh has established eight working groups to remove difficulties related to production, business, infrastructure construction, and imports and exports, as well as promote growth and accelerate disbursement of public investment capital.

Accelerating public investment disbursement is critical to sustaining Vietnam’s economic momentum and completing 2025 goals.

VOV.VN - Prime Minister Pham Minh urged ministries, sectors, and localities to accelerate the completion of national key projects while chairing a national teleconference on June 22 in Hanoi to review progress in eradicating substandard housing, advancing major transport initiatives, and speeding up public investment disbursement.

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 - 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).