Recognizing this, and along with accelerating the project implementation progress, the province has focused on decisively directing investors, project management boards, and specialized agencies to proactively review and complete documentation from the outset; promptly resolve any difficulties and obstacles that arise; strengthen coordination, enhance responsibility, and ensure that the final settlement is carried out in accordance with regulations and on time, contributing to improved investment efficiency and budget utilization.
By the end of November, the entire province had approved the final accounts for 603 projects and works with a total approved value of over 5,261 billion VND. This figure is significantly higher than the same period in 2024, demonstrating the efforts of investors, project management boards, and financial agencies in accelerating the processing of documents, and affirming the determination to avoid a backlog of work at the end of the planning period.
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The project for internal village roads in the Ta Huoi Trang - Ta Si Lang resettlement area, Tua Thang commune, has been finalized, contributing to the project's effectiveness. |
Expediting the settlement process and improving its quality helps projects achieve greater efficiency and creates a positive impact on the entire public investment management process. After settlement, the actual value is clearly and transparently determined, thereby avoiding outstanding debts, losses, or delays in receivables and payables. The settlement results also serve as an important basis for evaluating the efficiency of capital utilization, screening the capabilities of investors, contractors, and consultants, while freeing up resources and creating room for allocating capital to new projects in the next phase.
In 2025, the Project Management and Land Development Board of Region 3 had a total of 120 projects with a total investment of nearly 983 billion VND, of which the approved settlement value was 832.2 billion VND. To accelerate the settlement process, the Board proactively reviewed and classified each project according to its completion level; strengthened coordination with relevant departments and consulting units to promptly resolve obstacles related to documents and procedures. At the same time, it clearly assigned responsibilities to each department and officer in charge, linking settlement progress to performance evaluation and disciplinary actions. As a result, the settlement process has gradually become more systematic, ensuring strict adherence to regulations, contributing to improved efficiency in the management and use of public investment capital.
Following the merger, the Board proactively streamlined its organization, reviewed transitional projects, unified management responsibilities, and ensured uninterrupted progress in project settlement. Simultaneously, it strengthened the application of information technology and closely coordinated with relevant units to promptly address outstanding issues related to documentation, work volume, and payments. As a result, project settlement was accelerated, backlogs were reduced, and the efficiency of public investment management and utilization was improved.
To date, the Board has completed the final settlement of 87 projects, with a total approved value of over 500.8 billion VND. Of these, 18 projects are under the approval authority of the Provincial People's Committee, with a final settlement value of over 223.8 billion VND; and 69 projects are under the approval authority of the former District People's Committees, with a total value of nearly 277 billion VND. In addition, 24 projects have submitted complete final settlement reports to the financial agency for verification. In practice, the projects, after completion and final settlement, have proven effective, contributing to the economical and proper use of investment capital.
Typically, the internal village road project in the Ta Huoi Trang - Ta Si Lang resettlement area, Tua Thang commune, with a total investment of 6 billion VND, has been completed and put into use, facilitating travel and agricultural product transportation for the people and gradually improving infrastructure. Mr. Quang Van Hai, from Ta Si Lang village, Tua Thang commune, said: "The road contributes to improving the lives and living conditions of the resettled households, promoting local socio -economic development, ensuring social security, and strengthening people's trust in the State's investment programs and projects."
Currently, the province still has 280 projects and works that have not been approved for final settlement (an increase of 128 projects compared to the same period in 2024), with a total approved investment of over 5,858 billion VND. This is a very large number, indicating a significant backlog of documents and the risk of prolonging the final settlement period, affecting the overall assessment of the effectiveness of public investment capital for the entire period.
Some large-scale projects, with their long investment periods and the impact of numerous changes in mechanisms and policies, make it difficult to compile documentation, compare regulations, and verify the volume and value of any arising issues. Examples include the Hua Pe - B11 Border Marker road project; the service road and border marker construction project; projects using state budget funds for the construction of martyrs' graves and cemeteries; and the former drainage, collection, and wastewater treatment system of Dien Bien Phu City.
2025 is the final year of implementing the medium-term public investment capital allocated for the 2021-2025 period for investment projects, especially marking the end of the two-tiered government model at the district level. Therefore, the number of completed projects has increased compared to the previous year. Some project files lack continuity, archived documents are incomplete, and in some cases, documents are lost, causing significant difficulties for new investors when taking over the task. A portion of investors have not been proactive in preparing and submitting final settlement reports. Coordination between investors, consulting firms, contractors, and specialized agencies is lacking, leading to delays in document preparation compared to regulations. Furthermore, the handling of responsibility for units violating the deadline for submitting final settlement documents has not been sufficiently decisive, resulting in prolonged delays that have not been thoroughly resolved.
To address long-standing shortcomings and accelerate the settlement process, the province has identified tightening discipline and order in implementation as a prerequisite. Individual responsibility and the responsibility of the head of each unit must be linked to the settlement results of each unit. Increased inspection and supervision of the acceptance process, preparation of payment documents for completed work, and preparation of contract settlement documents by contractors and investors are also necessary.
Financial and treasury agencies need to coordinate more closely in guiding, urging, and resolving difficulties for investors. For projects with long-standing backlogs, a comprehensive review is needed, with specific assessments of each group of obstacles and proposals for appropriate solutions in accordance with regulations. Investors need to complete their documentation promptly, especially for projects that have been completed, handed over, and put into use but have not yet received final approval. Document management and archiving must be carried out rigorously, especially for projects transferred from the district level after the implementation of the two-tiered government model. Inspection and supervision of contractors and consulting firms also need to be carried out more frequently. Investors must bear full responsibility for the quality of documents submitted to financial agencies, avoiding invalid, incomplete, or incorrectly prepared documents.
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Source: https://dienbientv.vn/tin-tuc-su-kien/kinh-te/202512/khong-de-nghen-khau-cuoi-5822247/
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