According to the Ministry of Finance, total public investment disbursement reached VND 603.6 trillion as of December 18, 2025, equivalent to 66.1% of the plan assigned by the Prime Minister. The figure increased by nearly VND 26 trillion compared with the previous week, indicating a modest improvement toward the end of the year.
Excluding capital added after September 30, 2025, and funds implemented under Resolution No. 57-NQ/TW, the disbursement rate is estimated at around 68.1%. Despite the improvement, the Ministry of Finance noted that overall progress remains below expectations, with many ministries, agencies and localities recording disbursement rates lower than the national average.
As of December 18, a total of 20 central ministries and agencies and 11 localities were still below the national average. Among the slower-performing central bodies are the Ministry of Health, the Ministry of Education and Training, the Ministry of Science and Technology, the Ministry of Culture, Sports and Tourism, the Ministry of Construction, the Ministry of Foreign Affairs and the Ministry of Home Affairs, as well as several other agencies and institutions.
At the local level, provinces and cities with below-average disbursement include Tuyen Quang, Son La, Can Tho, Vinh Long, Dak Lak, Quang Tri, Lam Dong, Khanh Hoa, Cao Bang, Da Nang and Hung Yen.
Meanwhile, 12 central ministries and agencies achieved disbursement rates at or above the national average. Notably, key entities in infrastructure investment and macroeconomic management—such as the Vietnam Expressway Corporation, Vietnam Electricity, and the Vietnam Development Bank—were among the better-performing units, along with the Ministry of Industry and Trade, the Ministry of Finance, the State Audit Office and the Government Inspectorate.
At the local level, disbursement performance showed clear divergence, but several bright spots emerged. Eighteen provinces and centrally run cities met or exceeded the national average, including Hanoi, Ho Chi Minh City, Hai Phong, Thanh Hoa, Nghe An, Quang Ninh, Quang Ngai and Ha Tinh, among others.
Regarding the overall plan, the Ministry of Finance said the initial public investment plan using state budget funds for 2025 assigned by the Prime Minister amounted to VND 913.2 trillion. During the year, local budget capital was adjusted upward by VND 169.4 trillion, raising the total public investment plan for 2025 to VND 1,082.6 trillion. Central budget funding was also supplemented by VND 87.3 trillion, mainly from higher-than-expected state revenue and national target programs.
In terms of capital allocation, ministries, central agencies and localities had detailed allocations totaling VND 1,062.2 trillion as of the reporting date. Excluding additional local budget capital allocated during the year, allocated capital reached VND 892.8 trillion, equivalent to 97.8% of the plan assigned by the Prime Minister. The remaining unallocated capital, about VND 20.4 trillion, is concentrated in several ministries and localities, largely due to newly added funds and adjustments made after September 30, 2025.