Hai Phong disburses over 15 trillion VND in public investment

By the end of June 2025, Hai Phong city had disbursed 15.147 trillion VND in public investment, equivalent to 42.2% of the plan assigned by the Prime Minister (35.8932 trillion VND) and 38.5% of the plan assigned by the city People's Committee (39.2949 trillion VND), reported the city People's Committee.

Of this amount, East Hai Phong (former Hai Phong city) disbursed more than 7.8 trillion VND, reaching 30.67% and 30.65% of the plans assigned by the Prime Minister and the city, respectively.

Meanwhile, West Hai Phong (former Hai Duong province) disbursed over 7 trillion VND, equivalent to 70.3% of the Prime Minister’s allocation and 53.4% of the city’s assignment.

As a result, following the merger with Hai Duong province, the new Hai Phong city’s disbursement rate exceeded the national average of 32.06%.

Prior to the merger, Hai Phong city and Hai Duong province had reviewed their medium-term public investment plans for the 2021–2025 period and the 2025 plan.

After the merger, the city took over and received the public investment plans following the restructuring of local administrative units.

The city has focused on removing obstacles in implementing projects funded by the State budget where commune-level People’s Committees serve as the investors.

It is also reviewed and assessed land use fee collection for 2021 – 2025 and projections for 2026 – 2030 to serve as a basis for building the medium-term public investment plan for 2026 – 2030, and accelerated the implementation and disbursement of capital for public investment projects to help drive local socio-economic development.

HA VY