Vietnam is accelerating public investment in 2025, positioning it as a key growth driver amid global economic challenges. In the first half of the year, over VNĐ268 trillion (US$10.5 billion) was disbursed—32.5% of the annual plan—marking a notable improvement from 28.2% last year and a sluggish 9.35% in Q1. This uptick reflects enhanced coordination from central and local authorities and a stronger focus on priority infrastructure projects. Public investment is being funneled into expressways, urban transport, and key socio-economic infrastructure to stimulate growth, stabilize macro indicators, and create jobs. Sixteen expressways have been completed, with Vietnam on track to meet its 3,000km target by year-end. However, 58 ministries and localities remain below the national average disbursement rate. The government aims to fully disburse 100% of public investment this year. PM Phạm Minh Chính stressed reform and site clearance to eliminate procedural delays. Major cities like HCM City and Hà Nội are adopting rapid-action measures. HCM City introduced a "six clears" framework and streamlined approvals, while Hà Nội fast-tracked documents and tackled land clearance bottlenecks. Lawmakers believe unlocking stalled projects—valued at over $230 billion—will also attract private and foreign capital, helping Vietnam achieve its 8% GDP growth goal in 2025. (ICE HO CHI MINH CITY)

Fonte notizia: Vietnam News