According to a report by the State Treasury of HCMC, by February 28, the total disbursed capital was VND369 billion, only reaching 1 percent of the plan.
The HCMC People’s Council plans to supervise public investment at People’s Committees, agencies, units and departments in the city from April 4 – May 21.
The building material market was fairly gloomy in the first weeks of the year, with building material stores and construction contractors suffering firsthand because there have not been many new projects.
Chairman of HCMC People’s Committee Phan Van Mai has just sent directions to the People’s Committee of all districts and Thu Duc City regarding payment and settlement of compensation projects as well as other projects in the city.
A teleconference between the Government and the 63 provinces and centrally-run cities opened on January 3 to review the 2022 performance and carry out the Party Central Committee’s conclusions and the NA’s resolution for 2023.
A plenary session of the fifth Vietnam Business Forum co-chaired by Prime Minister Pham Minh Chinh, Head of the Central Economic Commission Tran Tuan Anh and leaders of the National Assembly opened on the evening of December 17 in Hanoi.
By November 30, 54 localities and ten ministries had a disbursement rate below 50 percent. Of these, six ministries and four localities had zero percent disbursement rate. Three ministries and five localities saw a disbursement rate of over 50 percent of the capital plan.
Ho Chi Minh City People’s Committee has recently focused on particularly addressing each problem of businesses and organizations sited in the city arisen by mechanisms.
The Transport Ministry yesterday announced its opinion on the proposal to expand HCMC – Long Thanh – Dau Giay Expressway by Vietnam Expressway Corporation (VEC), including a request to clarify the scale and investment plan for this project.
The Ho Chi Minh City Department of Natural Resources and Environment has just sent a report to the Economic and Budgetary Committee of HCMC People’s Council about the results of implementing laws on public investments and the progress of public-investment projects using the budget from HCMC People’s Council.
The Transport Ministry has just released Notice No.347-TB-BGTVT about the conclusion of Minister of Transport Nguyen Van The at the meeting regarding investment methods for the two important railway projects of Bien Hoa – Vung Tau and Thu Thiem – Long Thanh.
To gradually reduce traffic congestion in the inner city, towards the completion of the Traffic Infrastructure Development Project and the Ho Chi Minh City Infrastructure Development Breakthrough Program, the Department of Transport of HCMC has been implementing many projects to expand intersections.
At the sixth plenary session of the tenth tenure Ho Chi Minh City People’s Council this morning, deputies voted for the approval of the Resolution on establishing delegations in charge of supervising the implementation tasks of public investment and social housing projects in the city in the period 2021- 2025.
The People's Committee of Ho Chi Minh City has recently assigned the Department of Planning and Investment to advise and submit a decision for investment preparation in transport projects approved by the People's Council of HCMC to supplement the medium-term public investment plan for the 2021-2025 period from the source of the medium-term public investment provision.
The Railway Project Management Board has recently submitted to the Ministry of Transport for appraisal and approval a feasibility study report on the construction of the project “Renovating and upgrading the Nha Trang - Saigon section of the North-South railway line”.
Chairwoman of the People's Council of Ho Chi Minh City Nguyen Thi Le suggested that the municipal People's Committee should analyze the causes, especially the subjective ones, and determine the content that needs to be adjusted in Resolution 54. The city will base on the analysis for its continued proposal to the National Assembly about the implementation of a new resolution on city development mechanisms and policies.
Deputy Prime Minister Pham Binh Minh on April 8 signed the Prime Minister’s dispatch requesting the acceleration of disbursement of foreign official development assistance (ODA) and preferential loans.