Vietnam’s public investment disbursement has remained below target, despite some localities recording strong progress, according to the latest update from the Ministry of Finance.

As of May 7, total public investment disbursement nationwide had reached VND153.9 trillion (approximately $5.9 billion), equivalent to 15.2% of the annual plan assigned by the Prime Minister.

The latest figures reveal significant disparities in implementation across ministries, central agencies, and local governments. To date, only eight ministries and central agencies, along with 16 localities, have achieved disbursement rates equal to or above the national average.

Among the strongest performers were Hanoi, Hai Phong, Quang Ninh, Thai Nguyen, Ha Tinh, Son La, and Khanh Hoa, which have emerged as bright spots in accelerating public investment deployment.

However, delays remain widespread. The Ministry of Finance identified 27 ministries and central agencies, as well as 18 localities, with disbursement rates below the national average. Notably, 14 units have disbursed less than 1% of their allocated funds after more than four months, reflecting persistent bottlenecks in project preparation, contractor selection, and implementation.

According to the Ministry of Finance, the total State-funded public investment plan for 2026 exceeds VND1 quadrillion (around $38 billion), including more than VND363 trillion from the central budget and over VND650 trillion from local budgets.