Hanoi: Prime Minister Pham Minh Chinh has called on ministries, sectors, and localities to promote their responsibility to the nation and the people by accelerating the disbursement of public investment, boosting socio-economic growth, and improving people’s living conditions. The PM made the call while chairing a nationwide conference on October 18 on public investment promotion for 2025, the fourth such meeting this year, held in person at the Government’s Headquarters and connected online with 34 provinces and cities.
According to Vietnam News Agency, the Prime Minister emphasized the importance of timely and efficient use of public funds to stimulate economic development. The conference aimed to identify bottlenecks in the current disbursement process and propose solutions to enhance the efficiency of public investment. The discussions also focused on strategies to align public spending with national growth objectives and improve the transparency and accountability of investment projects.
The Prime Minister’s initiative is part of a broader effort to ensure that public investment acts as a catalyst for sustainable economic growth. The emphasis on public investment is seen as crucial in addressing infrastructure needs and improving the quality of life for citizens across the nation. By fostering a sense of responsibility among local and national leaders, the government aims to optimize the impact of public funds in driving development goals.