Việt Nam’s Government has instructed ministries and local authorities to accelerate public investment disbursement and move funding from slow projects to better-performing projects that require additional capital. Resolution 312/NQ-CP, signed on 5 October and reported by Government News on 7 October, sets out priorities for the final quarter of 2026. Its emphasis is on execution of allocated programmes and resolution of project bottlenecks, rather than announcement of a separate new investment fund.
By the end of September, estimated public investment disbursement was nearly VNĐ643 trillion, equivalent to 63% of the plan assigned by the Prime Minister. The resolution calls for detailed allocation of the remaining VNĐ19.58 trillion in central-budget funding and seeks full disbursement of the assigned annual plan. The 100% figure is an administrative objective. It is not a result already achieved and does not establish when any particular contractor will receive payment.
Authorities are instructed to prepare payment documentation promptly when work has been completed, avoiding an accumulation of payment claims at year end. They must match disbursement with delivered work, control advance payments, ensure that advances are used for their intended purposes and recover overdue amounts. Updating project data for disbursement assessment is also required. Capital reallocation is explicitly directed towards projects with stronger execution and a demonstrated need for funds.
The Government also calls for solutions to long-running obstacles affecting major transport, energy and infrastructure projects. Alongside funding execution, it directs simplification of administrative procedures concerning investment, land, construction and the environment, improvement of online public services and better coordination of connected procedures. It seeks stronger links between domestic enterprises and the foreign-invested sector. These instructions establish priorities for the responsible authorities; specific legal changes still require the relevant implementing instruments.
For infrastructure suppliers and investors, the commercial signal is a stronger focus on project readiness, documented completion and the ability to use funding within the remaining year. A project with an allocation but unresolved land or approval issues may still face delays, whereas a progressing project could receive reallocated capital. Businesses should distinguish the Government’s disbursement target from a procurement award or payment guarantee. The resolution supports execution of the infrastructure pipeline, but the resulting demand for equipment and services depends on individual project decisions and delivery schedules.