Vietnamese
["Stocks benefiting from public investment" Portfolio] - Accelerating public investment in the 2026–2030 period, driven by a strong increase in medium-term capital
11/11/2025
Summary
- Amid challenges posed by escalating global trade tensions and increasing geopolitical instability, public investment has been identified as one of the key pillars driving economic growth.
- As of September 30, 2025, public investment disbursement reached approximately VND 440,402 billion (+37% YoY), fulfilling 50% of the target assigned by the Prime Minister. The disbursement rate in 9M2025 improved compared to 9M2024, rising from 47.3% to 50%. According to estimates from the Ministry of Finance, total public investment expenditure in 2026 is projected to reach VND 1.08 quadrillion, up 22% YoY. According to the Government’s orientation for the 2026–2030 period, the goal of achieving an average annual GDP growth rate of at least 10% was identified as a key priority in the national economic development strategy. The Ministry of Finance projects total medium-term public investment expenditure to reach approximately VND 8.31 quadrillion, representing a 144% increase compared to the 2021–2025 period.
- We expect that the acceleration of public investment in 2026–2030 will support construction and industrial park stocks, which are likely to benefit from infrastructure expansion.
Category
Strategy
Author
Tien Le
Details
Page: 25
Lauguage:
File format: pdf
Size: 2.55 MB
