The Ministry of Transport targets disbursing up to VND94.1 trillion (nearly $4 billion) of investment capital allocated for 2023.

It is endeavoring to complete key projects, including seven component projects of the North-South Expressway in the first phase, the My Thuan - Can Tho Expressway, and the Hau River traffic route in the second phase. Poor-performing contractors, collectives, and individuals will be fully dealt with.

The ministry will push for better progress at certain core transport infrastructure and large-scale inter-regional and urban infrastructure projects, projects under the national socio-economic development and recovery program, particularly the Eastern North-South Expressway in the 2017-2020 and 2021-2025 periods, the Bien Hoa - Vung Tau Expressway in the first phase, and the Khanh Hoa - Buon Ma Thuot Expressway.

It will also work closely with localities to speed up progress of projects such as Ring Road No. 3 in Ho Chi Minh City, Ring Road No. 4 in the Hanoi Capital Region, expressways including Chau Doc - Can Tho - Soc Trang in the first phase, Dau Giay - Lien Khuong, Dak Nong - Binh Phuoc, Nam Dinh - Ninh Binh - Thai Binh - Hai Phong, Lang Son - Cao Bang, Hoa Binh - Moc Chau, and Ha Giang - Tuyen Quang; and urban railway projects.

The ministry said that capital disbursement is the most important task, so investors must develop detailed disbursement plans for each project from the beginning of the year, with priority given to key, urgent projects and those that must be completed this year.

Concurrently, it also called for improved mobilization and use of investment resources, and the continued mobilization of official development assistance (ODA) and preferential loans from donors.