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Update news public investment
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).
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.
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.
Dozens of major projects remain suspended or delayed, wasting resources and worsening infrastructure woes.
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."
Nguyen Thi Kim Tien designated VK Company as the lead consultant for two hospital megaprojects prior to contractor selection, violating bidding regulations.
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.
Former ministers, deputy ministers, and project directors to be reviewed and disciplined for wrongdoing tied to major hospital construction.
19 ministries and 28 provinces face scrutiny as public investment disbursement falls behind national targets in early 2025.
Two major hospital branches remain unused after over a decade, with more than half the funding already spent and significant losses mounting.
The Ministry of Construction seeks to use surplus funds to support 11 transport projects at risk of collapse due to policy and revenue issues.
An official audit uncovers widespread delays, planning violations, and wasted resources tied to urban projects in HCMC.
Government issues guidance for resolving legal barriers to projects in Ho Chi Minh City, Da Nang, and Khanh Hoa.
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.
Systemic violations and wasteful mismanagement across two major hospital projects have prompted an official transfer of documents to the Ministry of Public Security.
Despite costing billions, the building remains incomplete after more than a decade, with most of its area idle and shrouded in weeds.
Deputy Prime Minister Mai Van Chinh demands strict discipline and no disruption to public investment projects.
The Ministry of Construction plans to reduce administrative bottlenecks and increase digital oversight to complete lingering projects.
A VinaCapital report highlighted the Government’s strong commitment to public investment disbursement this year.
As of January 31, ministries, sectors and localities had allocated VNĐ741.1 trillion, reaching 89.7 per cent of the plan.