Hanoi: Vietnam disbursed 553.25 trillion VND (20.98 billion USD) in public investment over the past 11 months, equivalent to 60.6% of the plan set by the Prime Minister and up 2.4% year-on-year, the Ministry of Finance reported.

According to Vietnam News Agency, this significant progress underscores the government’s commitment to accelerating public investment projects. The Ministry of Finance highlighted that the increase in disbursement reflects sustained efforts in addressing previous bottlenecks and improving processes to ensure funds are effectively utilized.

The report further emphasized the government’s strategic focus on infrastructure and essential development projects, which are pivotal for economic growth. The Ministry continues to coordinate with relevant agencies to ensure that remaining funds are allocated effectively in the final months of the year.