New major project: Vietnam accelerates public investments until 2025!

New major project: Vietnam accelerates public investments until 2025!

Today is May 21, 2025, and the latest conference report shows positive signs of recovery in Vietnam's domestic economy. A key concern is promoting the disbursement of public investment capital to achieve socio-economic development goals by 2025. On December 4, 2024, investment funds of VND829.4 trillion were allocated for 2025, which is 100% of the amount approved by the National Assembly. However, as of April 30, 2025, the estimated total disbursements are only VND128.5 trillion, which is only 15.56% of the established plan.

Compared to the previous year (16.64%), the payouts have decreased in percentage terms. At the same time, the absolute amounts increased by over VND 18,000 billion. The Ministry of Public Security can look back on a positive development, with a payout rate of 27.3%. The regions of Thanh Hoa (39.2%), Ha Nam (38.4%) and Lam Dong (30.1%) also achieved above-average results. Prime Minister Pham Minh Chinh is leading a conference to promote public investment growth in 2025, focusing on key national infrastructure projects such as highways, airports and seaports.

Priorities and challenges

On the occasion of the 50th anniversary of the liberation of the South, 80 key projects were launched and inaugurated. Deputy Finance Minister Nguyen Thanh Trung has pointed out problems caused by unclear regulations in the field of cultural works. An important measure adopted in the Public Investment Law is the decentralization of decision-making powers, eliminating the need for projects to be submitted to the Prime Minister for approval. The responsibility for organizing, allocating, disbursing and processing the capital now lies with the municipalities.

• Hohe Auszahlungsquoten wurden bei folgenden Einrichtungen festgestellt:
• Ministerium für öffentliche Sicherheit: 27,3 %
• Thanh Hoa: 39,2 %
• Ha Nam: 38,4 %
• Lam Dong: 30,1 %

The Prime Minister calls for strict implementation of government instructions and emphasizes 100% capital payout. In addition, a change to the tender law is necessary to ensure more transparency and efficiency in the implementation of projects.

International cooperation for infrastructure

In addition to the national infrastructure strategy, the G7 leaders emphasize the need for a sustainable infrastructure policy. According to the Federal Ministry for Economic Cooperation and Development There is a high need for investment in emerging and developing countries. The promotion of a socially, economically and ecologically sustainable infrastructure is considered essential.

In 2021, the “Partnership for Infrastructure and Investment” (PII) was launched under the G7 presidency, the aim of which is a fundamental change in infrastructure financing. The federal government has commissioned the BMZ to take the lead in expanding the partnership in the G7 circle. An advisory board made up of representatives from multilateral development banks and national financing institutions plays a central role in mobilizing private capital for these important infrastructure investments.

At the national level, specific goals have been set by the end of 2025: the completion of 3,000 km of highways, 1,000 km of coastal roads, the opening of the first phase of Long Thanh International Airport and the start of construction of the Hanoi – Lao Cai – Hai Phong railway. Prime Minister Pham Minh Chinh has tasked the Interior Ministry and the Finance Ministry with reviewing the capital disbursement to ensure that targets are met.