According to the Department of Finance of Binh Thuan province, as of April 15, 2025, there are 1,630 investment projects in the province with non-state budget capital that are still valid with a total investment capital of about 1,765,037 billion VND.
According to this unit, over the past 3 years, 129 investment projects have been administratively sanctioned, with a total fine of VND10.795 billion, 59 investment projects have been terminated, and 4 investment projects have been decided to be temporarily suspended.
Currently, the whole province still has 246 investment projects that have not been implemented and are slow to be implemented that need to be reviewed, monitored and propose handling measures.
The main reason for the delay in project implementation by departments, branches and localities is that the work of planning land use, construction and urban areas in some localities is still very slow; the settlement of procedures related to land, environment, construction, forestry, minerals, etc. still has many limitations.
In addition, there are still some investors who have not strictly complied with legal regulations in project implementation; financial capacity and implementation experience have not met requirements, leading to many projects being behind schedule.
Faced with the above situation, Chairman of Binh Thuan Provincial People's Committee Do Huu Huy requested departments, branches and localities to proactively develop inspection and review plans for investment projects that have not been implemented or are slow to be implemented.
For investment projects with impact but slow to implement, the Department of Construction and localities review the construction progress, the Department of Agriculture and Environment determine cases of not putting land into use for 12 consecutive months or the land use progress is 24 months behind to propose handling.
For investment projects that have not been affected even if they have been allocated or leased land by the state, the Department of Agriculture and Environment will inspect and, in case of not putting the land into use within 12 months or being late in using the land for 24 months, propose a handling direction, as a basis for terminating the project.
For investment projects that have not been allocated or leased land, the progress and capacity of investors must be checked, the causes of each case must be reviewed, and operations must be resolutely terminated for cases that meet the conditions for termination according to regulations.
The Chairman of the Provincial People's Committee also requested departments and branches to speed up the progress of land price determination.
