Vietnam PM Criticizes 28 Ministries, 18 Localities for Slow Investment Disbursement

The Vietnamese government, as reported by Tuổi Trẻ, is taking a firm stance on the slow disbursement of public investment funds. Prime Minister Lê Minh Hưng's direct criticism of numerous ministries and local authorities underscores the administration's commitment to utilizing these funds effectively for economic growth. The article highlights that public investment is not merely an economic tool but a significant political imperative, vital for achieving the nation's ambitious growth targets and stimulating broader societal investment.

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Prime Minister Lê Minh Hưng noted that Resolution 18 of the Central Committee's 2nd Conference requires strengthening the socio-economic efficiency of public investment projects. He also pointed out the responsibility of ministers, secretaries, and provincial People's Committee chairpersons in implementing tasks.

The emphasis on accountability, with provincial party secretaries, chairpersons, and ministers being held responsible, signals a push for greater administrative discipline and a move away from the 'wait-and-see' or 'fear-of-responsibility' mentality that has plagued some sectors. The government acknowledges that while legal frameworks are in place, the disparity in disbursement rates between different entities points to subjective issues within the administration.

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The Prime Minister praised and acknowledged seven ministries, agencies, and 16 localities with disbursement rates higher than the national average. At the same time, he strictly criticized 28 ministries, agencies, and 18 localities with disbursement rates below the national average.

Tuổi Trẻ's reporting reflects the national concern over efficient capital allocation. The article frames the issue not just as a bureaucratic hurdle but as a critical factor in national development. The government's strategy involves not only identifying problems but also actively seeking solutions, including leveraging new legal mechanisms to address land-related violations that might impede project progress. This proactive approach, coupled with transparency through public reporting of disbursement rates, aims to foster a sense of urgency and collective responsibility across all levels of government.

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The slow disbursement of capital is mainly due to subjective reasons. With the same legal framework, some ministries and localities disburse well, while others disburse slowly. Administrative discipline and order are not strict, there is a mentality of waiting, avoiding, fearing responsibility, and the role of the leader has not been fully utilized.