Deputy Prime Minister Hồ Quốc Dũng speaks on the hybrid convention on Tuesday with ministries, sectors and 10 localities on accelerating 2026 public investment disbursement in science, technology, innovation and digital transformation. VNA/VNS Photo

HÀ NỘI — Deputy Prime Minister Hồ Quốc Dũng has referred to as for pressing measures to take away bottlenecks and speed up the disbursement of public investment capital for science, technology, innovation and digital transformation tasks, describing the duty as a key and pressing political precedence for 2026.

Speaking at a hybrid convention on Tuesday with ministries, sectors and 10 localities on accelerating 2026 public investment disbursement in science, technology, innovation and digital transformation, Dũng mentioned the present disbursement price stood at solely 14.78 per cent, whereas the Government’s goal is to completely disburse 100 per cent of allotted capital this 12 months.

At the assembly, Minister of Science and Technology Vũ Hải Quân reported that VNĐ8.42 trillion (US$.319.4 million) in funding for science, technology, innovation and digital transformation had been carried over from the 2025 supplementary finances into 2026.

Total funding allotted for 2026 quantities to VNĐ103.44 trillion ($3.92 billion).

The Ministry of Science and Technology has issued steerage paperwork to ministries, sectors and localities for implementing roughly VNĐ51.86 trillion($1.96 billion) value of tasks this 12 months, together with VNĐ27.74 trillion from the central finances and VNĐ24.12 trillion from native budgets.

The remaining unallocated funding totals VNĐ20.35 trillion ($772.1 million).

So far, the ministry, in coordination with the Ministry of Finance, has allotted VNĐ998.3 billion ($37.8 million) to ministries, sectors and localities with eligible functions for 22 out of 46 registered digital platforms and administrative process info methods.

An extra VNĐ2.47 billion has been allotted to 35 out of 52 registered databases.

As of May 12, complete disbursed capital had reached VNĐ7.94 trillion ($301.2 million), equal to 14.78 per cent of the plan assigned by the Prime Minister.

To additional enhance the institutional framework, the ministry proposed revisions to a number of authorized paperwork and decrees, whereas additionally suggesting that the Government difficulty particular resolutions the place vital to handle obstacles confronted by ministries, sectors and localities.

At the convention, representatives from ministries and native authorities overtly identified the difficulties behind the gradual disbursement price.

According to native officers, one of the most important obstacles is the shortage of economic-technical norms and pricing frameworks for rising technology merchandise and providers reminiscent of synthetic intelligence, massive knowledge, digital twins and knowledge warehouses.

Some present procurement rules, together with necessities for at the least three worth quotations, are thought-about impractical for specialised technology merchandise or newly developed analysis options.

Localities additionally reported confusion relating to the operation of science and technology improvement funds attributable to overlapping and inconsistent authorized rules.

Representatives from the Ministry of Finance famous that though adequate capital had been allotted, disbursement charges at many ministries and central businesses remained at zero per cent.

The ministry mentioned the present Law on Public Investment had already decentralised appreciable authority to ministries and sectors to make mission choices, which means that the majority bottlenecks now stemmed from implementation and specialised authorized rules.

The Ministry of Finance pledged to coordinate intently with the Ministry of Science and Technology to resolve regulatory difficulties.

Participants additionally identified that public investment procedures stay too gradual in comparison with the tempo of technological improvement, with many gadgets and software program methods changing into outdated by the point procurement procedures are accomplished.

In addition, cost ceilings for technology consultants are at the moment far under market ranges, making it troublesome to draw high-quality specialists for AI and massive knowledge tasks.

To speed up implementation, members proposed that the Government and ministries rapidly difficulty detailed steerage on technical norms and analysis instruments for technology tasks.

They additionally urged additional decentralisation, permitting native authorities to take accountability for tasks that adjust to Việt Nam’s Digital Government Architecture Framework.

Other proposals included prioritising shared digital platforms and introducing ‘lease-to-own’ mechanisms for digital property to keep away from fragmented and wasteful investment.

Concluding the assembly, Deputy PM Dũng careworn that public investment disbursement progress this 12 months remained very gradual.

He instructed ministries, sectors and localities to noticeably evaluate their duties, establish the causes of delays and instantly supervise mission implementation.

Authorities have been additionally requested to comprehensively evaluate all science, technology, innovation and digital transformation tasks, classify these prepared for rapid implementation and focus sources on precedence duties.

Projects going through authorized or procedural difficulties past native authority must be promptly reported to the Government and Prime Minister for decision, he mentioned.

He additionally referred to as for prioritising sources for nationwide databases, AI improvement, strategic technology merchandise, innovation centres and start-up ecosystems, making certain that tasks produce measurable and concrete outcomes.

The Ministry of Science and Technology, Ministry of Finance and Ministry of Justice have been instructed to basically resolve coverage and regulatory bottlenecks by June 2026, notably these associated to procurement, investment and monetary rules.

The ministries have been additionally tasked with enhancing the authorized framework, revising problematic decrees and circulars, and stopping extended delays in order that disbursement progress can considerably enhance within the second half of the 12 months.

Highlighting two key priorities shifting ahead, Dũng referred to as for upgrading and investing in nationwide laboratory methods to strengthen scientific analysis capability, whereas concentrating sources on strategic technology duties and merchandise succesful of delivering clear and sensible outcomes inside 2026.

He additionally inspired native authorities to make efficient use of surplus authorities workplace buildings by changing them into innovation centres and start-up assist areas that may foster analysis, collaboration and the appliance of science and technology.VNS



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