Businesses hope to soon clear up the entire process of removing project obstacles.

According to the Ho Chi Minh City Department of Construction, as of June 2025, the city recorded 64 real estate projects facing difficulties and problems. After review, 35/64 projects were said to have been resolved or no longer need to be monitored or handled. This number increased by only 1 project compared to the December 2024 reporting period.

The remaining 29 projects continue to be monitored. The Ho Chi Minh City People's Committee is directing relevant departments and branches to coordinate in handling groups of problems such as investment policies, planning, land, financial obligations, etc.

According to the reflection of enterprises, although the City announced that it had removed the obstacles, in reality many projects are still "inactive". A typical example is the project of the Commercial Center and Luxury Apartments on Ben Nghe Street, Tan Thuan Ward (commercial name is Shizen Home) invested by Gotec Vietnam Co., Ltd. This is one of 35 projects that Ho Chi Minh City announced to have removed the obstacles.

The project has an area of 10,076.6 m2, initially under the use of Vegetable and Fruit Port Joint Stock Company. Ho Chi Minh City People's Committee issued a decision to allow the change of land use purpose since 2011. After that, Gotec Vietnam Company acquired the land fund and was recognized as the investor since 2018. The project was granted a construction license in 2021 and has completed the foundation and basement.

From June to November 2022, Gotec submitted three applications for confirmation of eligibility to sell and lease-purchase commercial housing, but was rejected. The reason given by the authorities was the need to review the change of land use purpose and the land transfer between the two companies.

In February 2023, Vice Chairman of the Ho Chi Minh City People's Committee, Mr. Bui Xuan Cuong chaired a meeting to resolve obstacles for this project along with 5 other projects. By April 2023, the City People's Committee had a document agreeing to allow the Shizen Home Project to sell future housing at a rate of 50% of the floor area.

However, more than a year has passed, the project has not been continued. According to Gotec, the problem lies in determining the financial obligations that the enterprise needs to pay additionally.

“We don't know how much we have to pay, while the project is stalled, causing difficulties for the company,” a Gotec representative worried.

Not only Gotec, many other enterprises such as Novaland , CT Group, Hung Thinh, Phuc Khang… also have projects on the list announced by the Ho Chi Minh City People's Committee to have "resolved" obstacles, but in reality they have not been able to implement them.

For example, CT Group’s Metro Star Apartment Project in Thu Duc has completed the basement foundation a long time ago. This project was put on the list of legal obstacles to be resolved in 2024, but so far it has remained “inactive”. Similarly, Novaland has the Binh Khanh Residential Area Project, which was allocated land and granted a construction permit, but has also been stalled for many years.

Enterprises believe that removing policy obstacles at the City People's Committee level is just the first step. For the project to really "run", departments and branches must actively coordinate and process documents on time. But currently, many departments are still slow to respond, causing congestion for enterprises.

A business leader was upset: “Our project was recognized by the City as having been dismantled since the middle of last year, but the Department of Construction requested re-confirmation from the Department of Agriculture and Environment. The Department of Agriculture and Environment is waiting for instructions. Each place waited for the other, but in the end the business still could not proceed.”

The situation of “the top doesn’t listen to the bottom” makes many businesses restless. Stalled projects mean cash flow is blocked, banks don’t disburse loans, customers can’t sign sales contracts, and businesses face high operating costs and interest rates.

This also directly affects the real estate market in Ho Chi Minh City, which is recovering from the liquidity crisis in 2023. The inability of projects to open for sale or implement will drag down supply, reduce market size and affect budget revenue.

A business representative frankly said: “We do not ask for preferential treatment, we just need the agencies to handle it responsibly and on time. We cannot let a document go around from one department to another for months without businesses knowing what to do.”

This reality requires a mechanism to connect departments and branches to shorten processing time, avoiding the situation of "untangling one place, causing more congestion in another place". In addition, agencies need to commit to a clear timeline for each processing stage, ensuring that it does not exceed the deadline set by the City People's Committee.

Source: https://baodautu.vn/doanh-nghiep-mong-som-thong-suot-toan-bo-quy-trinh-go-vuong-du-an-d342202.html