Breakthrough in public investment disbursement

ĐBP - In the first quarter of 2026, the public investment landscape in the province recorded many positive signals as Điện Biên achieved an impressive breakthrough in disbursement, rising to rank second among 34 provinces and cities nationwide.

This result stems not only from decisive leadership and administration but also from the effective implementation of the “4 timely, 5 proactive” motto, which has shortened capital delays, cleared resource bottlenecks, and created momentum for economic growth.

For 2026, Điện Biên was assigned a public investment plan of over VND 4,275 billion. This includes more than VND 1,983 billion allocated at the start of the year and an additional VND 2,292 billion supplemented in March for the construction of multi-level school projects in border communes. The large total capital and high progress requirements, set against challenging local conditions, created significant pressure. However, through proactive and flexible distribution, the province successfully allocated more than VND 2,280 billion by mid-March 2026.

The implementation of projects using public investment capital has been pushed with a synchronous and decisive spirit. Accumulated disbursement by March 27 reached over VND 666 billion, equivalent to 15.59% of the Prime Minister’s plan and nearly 30% of the provincial plan, reaching 16.24% by the end of the month. Remarkably, according to Ministry of Finance data, by March 19, Điện Biên had disbursed over VND 711 billion, including capital supported by Hanoi for the Si Pa Phìn multi-level school project, reaching 35.88% of the initial plan. This figure surpassed the first-quarter growth scenario by nearly 10% and moved the province to the second spot nationally.

Workers from the No.6 Trade and Construction Joint Stock Company executing the Thanh Nưa multi-level ethnic boarding school project.

Behind these impressive figures is a systematic management process where the provincial people’s committee identified public investment as a key driver to achieve a GRDP growth target of over 11% in 2026. This was materialized through the “4 timely” approach, which covers capital allocation, payment upon completed volume, troubleshooting land clearance, and shifting funds from slow projects to those with better disbursement potential. Meanwhile, the “5 proactive” measures emphasize detailed planning, completing investment procedures, shortening appraisal times, coordinating land clearance, and conducting field inspections to handle difficulties immediately.

The clear movement on construction sites serves as the most convincing evidence of this strategy. From transport and power grids to national target programs, many projects have accelerated from the planning and land clearance stages to construction and final settlement. Even with the pressure of the special investment mechanism for border schools, which involves simultaneous design, land clearance, and construction, units have exerted great effort. At the site of the Thanh Nưa multi-level school in Thanh Nưa commune, the atmosphere is frantic as teams work in multiple shifts to meet the completion goal, which has been accelerated from August to an expected finish date of May 30.

According to Nguyễn Quốc Quân, deputy director of the provincial management board for civil and industrial projects, his unit is closely monitoring sites and coordinating with local authorities to resolve bottlenecks. By April 6, construction volume at the Thanh Nưa project reached 54%, with 100% of the VND 224.4 billion capital plan allocated. Other projects are also seeing good results, such as the Quảng Lâm school in Quảng Lâm commune, the Thanh Yên school in Thanh Yên commune, and the Sam Mứn school in Sam Mứn commune, which have all reached disbursement or construction milestones between 25% and 52%.

While the first quarter showed significant effort, the province still faces challenges such as fluctuating material prices, labor shortages, and slow land clearance in some areas. The pressure remains high as the province needs to disburse more than VND 3,500 billion in the remainder of the year. To drive this, the provincial people’s committee issued Directive No.2280/CT-UBND, setting disbursement targets of over 50% by the end of Q2, 75% by Q3, 90% by Q4, and a full 100% by January 31, 2027.

The province will continue to tighten discipline and hold heads of agencies accountable by linking disbursement results to official performance evaluations. Departments and localities are tasked with building specific solutions for each project while increasing inspections and replacing ineffective personnel.

Capital management will remain flexible, with monthly and quarterly plans and a requirement for owners to complete payment documents within five days of work completion. By turning disbursement pressure into a development driver, Điện Biên aims to make public investment a solid lever for sustainable growth and regional development.

Quốc Huy
Comment

You have 500/500 characters left

Please enter 5 or more characters!!!

Recent news

  • 'Racing to complete new coffee and macadamia planting season

    Racing to complete new coffee and macadamia planting season

    ECONOMY -
    ĐBP - In implementing the provincial People’s Committee’s Plan No.1850/KH-UBND on new coffee and macadamia planting, localities across Điện Biên have launched simultaneous campaigns and accelerated planting operations since late June. The newly planted areas are now being urgently completed, with efforts focused on meeting the plan within the appropriate planting season and ensuring the targets are achieved.
  • 'Vietnamese language training for students entering Grade 1

    Vietnamese language training for students entering Grade 1

    SOCIAL AFFAIRS -
    ĐBP - During early August days, across Vietnamese language enhancement classes in Điện Biên province, ethnic minority children preparing to enter grade 1 received guidance on numerous basic skills - ranging from holding pens, reading, writing, and recognizing letters to communicating and building learning habits - helping them gain confidence to step into new learning environments.
  • 'Điện Biên enriches its OCOP product portfolio

    Điện Biên enriches its OCOP product portfolio

    ECONOMY -
    ĐBP - Building on its potential and advantages, Điện Biên is stepping up the development of One Commune One Product (OCOP) products in a direction that emphasizes diversification, quality improvement and greater added value. These efforts are gradually enriching the province’s OCOP product portfolio, strengthening product brands, expanding consumer markets and contributing to rural economic development.
  • 'Party committees and local authorities enhance dialogues with people

    Party committees and local authorities enhance dialogues with people

    NEWS - POLITICS -
    ĐBP - Direct dialogues between party committees, local authorities, and the people represent a crucial solution to promote grassroots democracy and resolve emerging difficulties and obstacles directly from residential areas. Through dialogue conferences, public thoughts and aspirations are heard and answered openly, forging consensus in deploying guidelines and policies to elevate management and operational efficiency while driving socio-economic development.
  • 'Awakening the will to escape from poverty

    Awakening the will to escape from poverty

    SOCIAL AFFAIRS -
    ĐBP - Across numerous highland villages, life for many households remains filled with shortages, yet with timely companionship and support from the Party, State, and social organizations, many families have gained additional conditions to develop livelihoods.
  • 'Điện Biên delegation pays tribute to Xaysomphone Phomvihane

    Điện Biên delegation pays tribute to Xaysomphone Phomvihane

    NEWS - POLITICS -
    ĐBP - On August 10, a delegation from Điện Biên province led by Trần Tiến Dũng, Member of the Party Central Committee, Secretary of the provincial Party Committee, and Head of the provincial National Assembly Deputy Delegation, visited the Lao Embassy in Hà Nội to pay tribute and write the condolence book in memory of Xaysomphone Phomvihane, President of the National Assembly of the Lao People’s Democratic Republic.
  • 'Boosting credit growth to serve socio-economic development

    Boosting credit growth to serve socio-economic development

    ECONOMY -
    ĐBP - Amid an environment where the socio-economic context continues to maintain positive growth momentum, the banking sector across Điện Biên province plays a crucial role in supplying financial resources for production, business, and development programs.
  • 'Mường Chà commune Police with “Digital Popular Education” movement

    Mường Chà commune Police with “Digital Popular Education” movement

    SOCIAL AFFAIRS -
    ĐBP - Currently, in Mường Chà commune, Điện Biên province, many elderly people have never used smartphones, and many remain unfamiliar with cashless payments. Therefore, Mường Chà commune police forces determined that achieving successful digital transformation requires first helping residents understand, know, and feel confident using technology.
  • 'Youths active in remote villages

    Youths active in remote villages

    SOCIAL AFFAIRS -
    ĐBP - Amid highland mountains and forests, the green color of volunteer shirts presence on hill fields, rural roads, social security activities, and journeys bringing digital transformation to every village.
  • 'Turning culture into a development resource

    Turning culture into a development resource

    CULTURE - SPORTS -
    ĐBP - Designating culture as a spiritual foundation and endogenous resource for sustainable development, Điện Biên province deployed numerous solutions to elevate the spiritual and cultural life of the people, preserving and promoting traditional values, through which cultural values spread deeply across the community, contributing to building a rich identity and developing image for Điện Biên.
  • 'Silent footsteps find martyrs’ remains

    Silent footsteps find martyrs’ remains

    NEWS - POLITICS -
    ĐBP - There are marches without gunfire, only silent footsteps tracing memories to find martyrs still lying behind. Amid the mist atop Pha Đin peak, the journey gathering 2 martyrs’ remains within the “500-day-and-night Campaign to boost searching, gathering, and identifying martyrs’ remains” represents a journey of gratitude, rediscovering names for fallen soldiers.
  • 'Điện Biên synchronously renovates park, greenery, and sidewalk system

    Điện Biên synchronously renovates park, greenery, and sidewalk system

    SOCIAL AFFAIRS -
    ĐBP - The system of parks, trees, and sidewalks plays a crucial role in creating landscapes, enhancing living quality, and forming a modern urban appearance. In Điện Biên province’s Điện Biên Phủ and Mường Thanh wards, despite serving as the provincial development core, the system of trees, parks, and landscape infrastructure exhibits numerous limitations requiring synchronous renovation under planning to satisfy green, smart, and sustainable urban construction requirements.
  • 'OCOP: Điện Biên’s tourism ambassadors

    OCOP: Điện Biên’s tourism ambassadors

    TRAVEL -
    ĐBP - After years of implementation, the One Commune One Product (OCOP) Program has encouraged many producers to improve product quality, refine production processes, build brands and expand markets. As tourism increasingly shifts toward deeper, experience-based development, integrating OCOP products into tourist experiences is seen as a way to create more sustainable added value for both products and destinations.