On July 7, Thanh Hoa Provincial People's Committee informed that the Chairman of the Provincial People's Committee has just approved the finalization of investment capital for the completed project for the Project to purchase equipment to implement the Project "Improving the quality of foreign language teaching and learning in Thanh Hoa province in the period 2020-2025".
The project is invested by Thanh Hoa Department of Education and Training, implemented in public high schools in the province. According to the approved decision, the project has a implementation period in the 2022-2025 period; commenced on November 5, 2024 and handed over for use on October 22, 2025.
The total investment or project estimate approved and finally adjusted for the project is more than 72.121 billion VND. The final settlement value approved is more than 58.191 billion VND, all from the state budget capital.
In which, equipment costs accounted for the majority with more than 56.791 billion VND; construction investment consulting costs more than 773 million VND; other costs more than 626 million VND. The value of assets formed after the project implementation process is more than 57.833 billion VND.
The decision also stated that the investment cost allowed not to be included in the asset value is more than 358 million VND, belonging to the group of costs that do not create assets. The project has no value of backlog materials and equipment.
According to the decision, the Thanh Hoa Department of Education and Training is allowed to finalize expenses and investment capital of more than 58.191 billion VND. As of January 16, 2026, the project still has a total receivable of more than 526 million VND and a total payable of more than 5.448 billion VND.
After the settlement is approved, the investor is responsible for paying to the state budget the surplus capital allocated of more than 526 million VND; and at the same time reporting to competent authorities to allocate capital to pay debt debtors according to regulations.
Thanh Hoa Provincial People's Committee also assigned the Department of Education and Training to organize reviews and draw lessons learned for parties, collectives, and individuals related to the shortcomings and limitations pointed out by the Department of Finance in the audit result report on June 24, 2026.
