Ho Chi Minh City: Overcoming difficulties at 47 projects.

Ho Chi Minh City has resolved difficulties for 47 stalled projects, stimulating investment and creating new momentum for economic development.

Over 420 trillion VND in investment capital has been unlocked after Ho Chi Minh City removed obstacles for 47 projects.

According to the Ho Chi Minh City Department of Finance, a series of stalled projects, works, and land plots, including public-private partnerships (PPPs), are being urgently addressed by the City People's Committee through the activities of a Special Task Force. The principles, objectives, and implementation plans have been specified, and tasks have been clearly assigned to each member of the Standing Committee of the City People's Committee according to project groups, types, and lead agencies.

Currently, all unhandled projects, works, and land plots are divided into five main groups, including: public and private investment projects; public assets; projects implemented by state-owned enterprises; projects under the Prime Minister 's Task Force 53 and projects related to inspection, investigation, prosecution, and trial processes; and large land plots in prime locations that have not yet been put into use. This classification helps to ensure synchronized and clear management, supervision, and handling, avoiding overlap between agencies, and facilitating the review and updating of data in the new phase.

Ho Chi Minh City Ring Road 3 Project

As of September 24th, cumulatively, both before and after the administrative boundary reorganization, 47 private investment projects belonging to groups 1b2, 1b5, 1b6, and 1b7 in the former Ho Chi Minh City have had their difficulties resolved, with a total registered capital of over 420,000 billion VND and a land use scale of over 25,800 hectares. In addition, 30 private investment projects under provincial authority in Ba Ria - Vung Tau (before the merger) have also been resolved, significantly contributing to unlocking social resources for development.

According to the Department of Finance, this result reflects the effective and decisive direction of the Ho Chi Minh City People's Committee, the close coordination between departments and agencies, as well as the substantive role of the Special Task Force in definitively resolving long-standing bottlenecks. However, the Department also stated that the current figures do not reflect the full scale of the resolution, as many projects, works, and land plots are still being reviewed by other departments and agencies, and solutions are being proposed for submission to competent authorities for consideration.

Unlocking this massive capital flow will not only help resolve long-standing stalled projects but also create a positive ripple effect, encouraging private capital to return to the economy . This is considered a crucial driving force for Ho Chi Minh City to accelerate public investment disbursement, improve land use efficiency, promote the progress of key infrastructure projects, and thereby consolidate sustainable socio-economic growth in the remaining months of 2025.

Source: https://daibieunhandan.vn/tp-ho-chi-minh-t-hao-go-kho-khan-tai-47-du-an-10389277.html