Hanoi: Vietnam’s public investment spending is accelerating sharply, cementing its role as a critical growth engine as global trade and economic uncertainty undercut traditional drivers. Disbursement reached 227.2 trillion VND (8.73 billion USD) as of June 4, equal to 22.4% of the Prime Minister’s annual plan, the Ministry of Finance said. That was up from 198.4 trillion VND a week earlier, meaning more than 28.8 trillion VND was disbursed in the May 29-June 4 period alone, about 1.8 times the prior week’s pace.
According to Vietnam News Agency, the Government has allocated 1.01 quadrillion VND in state investment for 2026, including 363.2 trillion VND from central coffers and 650.2 trillion VND from local ones. Vietnam has set a target of fully disbursing its public investment budget in 2026, a goal lawmakers and analysts said will be tough to achieve.