public investment

Update news public investment

Public investment disbursement vital to Vietnam’s 2025 growth

Accelerating public investment disbursement is critical to sustaining Vietnam’s economic momentum and completing 2025 goals.

Public investment delays draw rebuke from HCM City leader

Faced with repeated government criticism, HCMC sets firm June capital targets.

PM urges accelerated disbursement of public investment

While chairing an online national conference on boosting public investment as a key driver of economic growth in 2025 on May 20, PM Chinh stressed the need to revitalise traditional growth engines - investment, consumption, and exports.

Deputy PM calls for acceleration of public capital disbursement

According to the Ministry of Finance’s report, the total state budget investment capital plan for 2025 allocated to 16 units under the task force exceeds 253.25 trillion VND (9.75 billion USD).

Four multi-trillion VND projects under Central Steering Committee watch

The Vicem Operations Center, Hoi Xuan Hydropower, Ministry of Foreign Affairs Headquarters, and Subproject 2 (Lim - Pha Lai) are all large-scale investments worth several trillion dong but have been prolonged for years with little progress.

Can Tho breaks silence on delayed oncology hospital project

The Chairman of Can Tho City People's Committee has provided updates on the Can Tho Oncology Hospital project - a billion-dollar construction that has remained idle for years.

Citywide delays, stalled projects spark concern over waste in HCM City

Dozens of major projects remain suspended or delayed, wasting resources and worsening infrastructure woes.

Former health ministry chief broke rules, costing billions: inspection

Inspections reveal that in 2014, the Minister of Health and the Major Healthcare Projects Management Board “seriously violated regulations on bidding to deliberately pick a pre-selected foreign consultant."

Former health minister appointed Belgian consultant before legal bidding process

Nguyen Thi Kim Tien designated VK Company as the lead consultant for two hospital megaprojects prior to contractor selection, violating bidding regulations.

VND7.665 trillion railway project still unfinished after 20 years

For two decades, the Yen Vien – Pha Lai - Ha Long – Cai Lan railway project, capitalized at VND7.665 billion, remains unfinished, and today needs an additional investment of about VND700 billion to resume.

Gov’t Inspectorate names officials responsible for Bach Mai, Viet Duc projects

Former ministers, deputy ministers, and project directors to be reviewed and disciplined for wrongdoing tied to major hospital construction.

Delayed public capital spending draws sharp rebuke from Prime Minister

19 ministries and 28 provinces face scrutiny as public investment disbursement falls behind national targets in early 2025.

Wasted funds and empty hospitals: The painful price of delay in health sector

Two major hospital branches remain unused after over a decade, with more than half the funding already spent and significant losses mounting.

VN plans early buyout of underperforming BOT projects with $560M allocation

The Ministry of Construction seeks to use surplus funds to support 11 transport projects at risk of collapse due to policy and revenue issues.

Dozens of stalled projects in Ho Chi Minh City exposed in government inspection

An official audit uncovers widespread delays, planning violations, and wasted resources tied to urban projects in HCMC.

Vietnam acts to unblock stalled projects under legal review in major cities

Government issues guidance for resolving legal barriers to projects in Ho Chi Minh City, Da Nang, and Khanh Hoa.

Ministers face accountability over major violations in Vietnam hospital projects

The Government Inspectorate urges strict disciplinary action and legal review of misconduct related to the Bach Mai and Viet Duc Hospital projects, without delaying 2025 launch plans.

Bach Mai, Viet Duc hospital projects under probe for multi-trillion VND waste

Systemic violations and wasteful mismanagement across two major hospital projects have prompted an official transfer of documents to the Ministry of Public Security.

Hanoi’s grand Foreign Ministry building stands eerily empty

Despite costing billions, the building remains incomplete after more than a decade, with most of its area idle and shrouded in weeds.

Deputy PM orders public investment to continue smoothly despite restructuring

Deputy Prime Minister Mai Van Chinh demands strict discipline and no disruption to public investment projects.