Prime Minister Pham Minh Chinh chairs online conference to promote public investment growth momentum

The conference was held in both direct and online formats, connecting from the Government headquarters to provinces and centrally run cities.

Attending and directing at Ninh Binh bridge point were comrade Pham Quang Ngoc, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee. Also attending were comrade Nguyen Cao Son, member of the Provincial Party Committee, Vice Chairman of the Provincial People's Committee; leaders of a number of departments, branches, sectors, and People's Committees of districts and cities.

Public investment has always been identified as a key political task, playing a key role in socio-economic development, ensuring national defense, security and political stability. In recent times, the Government and the Prime Minister have always paid attention to, directed strongly and closely to promote the disbursement of public investment capital, implemented 3 National Target Programs and implemented projects using the annual increase in central budget revenue from the first days and months of 2025.

Specifically, focus on perfecting the public investment institution, including submitting the Public Investment Law to the National Assembly for approval and implementing it from January 1, 2025 with many new regulations towards creating breakthroughs, promoting reforms, and enhancing decentralization and delegation of power. The Prime Minister has issued directives, telegrams and many documents directing the acceleration of public investment disbursement.

Along with that, promoting the role of 7 working groups of the Prime Minister working with localities to inspect and urge the disbursement of public investment capital; at the same time, ministries, central agencies and localities have established working groups to promote the disbursement of the State budget investment plan.

The disbursement result in the first 4 months of the year was over 128.5 trillion VND, about 18 trillion VND higher than the same period in 2024. However, nearly 8 trillion VND has not been allocated in detail; the disbursement result of public investment capital in the first 4 months of 2025 reached 15.56%, lower than the same period in 2024 (16.64%). There are 10 ministries, central agencies and 35 localities with a disbursement rate of public investment capital above the national average.

At the conference, the Prime Minister asked delegates to clearly analyze the objective and subjective reasons leading to slow disbursement of public investment, especially the obstacles and difficulties in institutions, legal regulations, leadership, direction, administration, and implementation.

At the same time, statistics on which ministries, branches and localities have slow disbursement are compiled to re-evaluate staff; which ministries and branches have performed well, they should be rewarded; which ministries and branches have performed poorly, they should be disciplined; lessons learned in leadership, direction and implementation at all levels and branches, especially the leaders.

Thoroughly implementing the direction at the Conference, leaders of ministries, agencies and localities focused on analyzing the results of public investment disbursement, and frankly pointed out the problems and difficulties.

With the determination to strive to achieve the target of 100% public investment disbursement rate by 2025, delegates also proposed a number of solutions such as strengthening leadership and direction; continuing to improve institutions and policies; implementing projects in the process of rearranging and reorganizing administrative units at all levels; focusing on removing bottlenecks and bottlenecks in site clearance work...

Concluding the Conference, Prime Minister Pham Minh Chinh acknowledged, commended and highly appreciated the efforts and determination of ministries, branches and localities with positive results in public investment. The Prime Minister also thanked the people for giving up land, places to eat, places to live, places of worship, fields and gardens for national projects, contributing to the construction of local infrastructure and disbursement of public investment capital.

To date, 21 localities have not yet allocated all capital sources. The Prime Minister proposed to allocate all capital in May 2025. For the 37 agencies and 27 localities that disburse below the national average, efforts must also be made to remove obstacles to achieve the target of 100% disbursement by 2025. In the coming time, the Central Government will continue to focus on perfecting public investment institutions, amending and supplementing laws; promoting the role of working groups, regularly inspecting and urging with the spirit of "clear people, clear work, clear responsibilities, clear progress, clear results, clear authority".

The Prime Minister requested that all levels from the central to local levels resolutely take action, actively lead and direct more, demonstrate a sense of responsibility for the country and work, and not let the situation of "having money but not being able to spend it" happen. Strengthen decentralization and strong delegation of power to localities along with resource allocation, with the spirit of "locality decides, locality acts, locality takes responsibility". Continue to research, continue to review, propose amendments to institutions and policies, and remove obstacles, especially laws related to budget and bidding.

Speaking right after the Conference ended, at the Ninh Binh bridge, comrade Pham Quang Ngoc, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee emphasized: With the drastic participation of the province, all levels, sectors and localities, by the end of April 2025, the disbursement rate of the State budget investment plan in 2025 compared to the total capital assigned by the Prime Minister of the province has reached over 29%, among the localities higher than the national average.

However, to complete the disbursement of 100% of the State budget investment plan in the province, he requested that all levels, sectors, Management Boards, localities and investors, on the basis of closely following the direction of the Central Government, need to uphold the sense of responsibility, focus on drastic and effective implementation of solutions to promote the disbursement of public investment capital, especially key national and provincial projects and works.

Focus on reviewing projects that are being invested in, clarifying the reasons for projects that are behind schedule and projects that are prolonged. In addition, it is necessary to speed up the implementation progress, complete procedures; avoid subjectivity and negligence; promptly guide and remove difficulties for units in the implementation process to speed up the disbursement of public investment capital, creating momentum for the province's rapid and sustainable development in the coming time.