(VOVWORLD) - Vietnam’s public investment disbursement reached 15.5 billion USD by August 31, almost 50% of the target set by the Prime Minister, the Ministry of Finance (MoF) reported on Saturday.
The ministry aims to disburse at least 60% of the target by the end of the third quarter and 100% by the year’s end.
To achieve this goal, it has asked ministries and provinces to finalize detailed public investment disbursement plans by September 30, quickly allocate remaining funds, speed up project implementation, and promptly address legal and procedural obstacles.
Site clearance remains the biggest hurdle, prompting the ministry to urge stronger action from local leaders.
Priority is being given on major national transport projects, including the completion of at least 3,000 km of expressways, over 1,000 km of coastal roads, and Long Thanh International Airport this year.
For ODA projects, authorities and investors were told to fast-track procedures, stay on schedule, and address difficulties immediately.
The ministry stressed that meeting the 2025 disbursement target is essential to achieving GDP growth of at least 8%.