News dalla rete ITA

25 Giugno 2025

Vietnam

MINISTER OF FINANCE PROPOSES 'SEED MONEY' STRATEGY TO UNLOCK DISBURSEMENT

At a Q&A session on June 19, Vietnam’s Minister of Finance Nguyễn Văn Thắng proposed using state budget capital as "seed money" to accelerate public investment disbursement and attract private sector funding. Despite a government target of 100% disbursement in 2025, only 24% of public investment had been disbursed in the first five months, although this was a slight improvement over last year.Thắng acknowledged ongoing obstacles including procedural delays, land clearance issues, raw material shortages, and weak implementation capacity. For official development assistance (ODA), disbursement remains low (6.3% in five months) due to complex dual procedures involving both Vietnamese and donor requirements, poor planning, and insufficient counterpart funds.To address these challenges, the government is amending the Law on Public Investment, decentralising authority, and using disbursement performance to evaluate officials. Working groups have been deployed to support localities.Thắng also noted that Vietnam’s current social investment level (30–33% of GDP) is insufficient to meet its growth targets and must rise to 40%. He urged stronger capital mobilisation through stock markets, bonds, and credit institutions, while also resolving VND5 quadrillion worth of stalled projects. He stressed restructuring toward high-value sectors such as green tech and digital industries to boost productivity and investment efficiency. (ICE HO CHI MINH CITY)


Fonte notizia: Vietnam Investment Review