Hai Phong's public investment disbursement nearly doubles national average

Workers at the construction site of the Nguyen Trai Bridge Project.

According to the Department of Finance, through May 26, the city had disbursed 12,715 billion VND, achieving 32.8% of the capital plan assigned by the Prime Minister and the City People's Council.

Hai Phong's disbursement rate is higher than the national average (according to a Ministry of Finance report, national disbursement from the beginning of the year through May 21 reached 18% of the Prime Minister's plan).

To accelerate public investment disbursement in 2026, the city developed a detailed disbursement scenario by month, quarter, and by each work and project to ensure feasibility. The City People's Committee identifies public investment capital disbursement as one of the key tasks for 2026 economic growth. Disbursement results under the scenario will be an important basis for evaluating the completion of 2026 tasks by related collectives and individuals.

The total public investment capital for Hai Phong in 2026 is 36,956 billion VND (excluding 5% cost savings). The city sets target to reach 15,980 billion VND, equivalent to 43.3% of the plan, by the end of Q2/2026; reach 24,514 billion VND, equivalent to 66.4%, by the end of Q3/2026; and 100% of the plan by the end of 2026 budget (January 31, 2027).

Hai Phong News