The Office of the Ho Chi Minh City People's Committee has just announced the conclusion of Vice Chairman of the Ho Chi Minh City People's Committee Bui Xuan Cuong at a meeting on the implementation and disbursement of public investment capital in the first 10 months of 2025.
The total public investment plan of Ho Chi Minh City in 2025 (after merging with Binh Duong, Ba Ria - Vung Tau) was assigned by the Prime Minister for more than 118,948 billion VND.
On that basis, the Ho Chi Minh City People's Committee has completed the detailed assignment and allocation, raising the total implementation capital to more than VND 152,241 billion, reaching 128% of the capital assigned by the Prime Minister.
As of November 4, Ho Chi Minh City has disbursed VND 67,251 billion, equivalent to 56.5% of the capital plan assigned by the Central Government and 44.2% of the capital plan implemented by the City.
Although this rate is higher than the national average (54.4%), there is still more than VND51,000 billion that needs to be disbursed in the remaining 3 months to reach 100% of the plan assigned by the Prime Minister.
Vice Chairman of Ho Chi Minh City People's Committee Bui Xuan Cuong emphasized that disbursing public investment capital is a particularly important political task, requiring the participation of the entire political system. Departments, branches, localities and investors must closely monitor the progress, check regularly, and not let the project "stand still" due to land clearance problems.
Mr. Bui Xuan Cuong requested agencies to strictly implement the spirit of "6 clear": clear people, clear work, clear responsibilities, clear authority, clear time and clear results.
All stages, from investment preparation, appraisal, project approval to construction, acceptance, payment, must be carried out urgently, continuously, without interruption, even during the stage of restructuring the apparatus or transferring the Land Fund Development Center.
The city requires investors to mobilize human resources, equipment, materials, and construction according to the "3 shifts, 4 teams" mechanism to increase at least 15 - 20% of the volume compared to the plan.
Within 4 working days from the date of completion of the completed volume, the investor must complete the legal documents, acceptance, and send them to the State Treasury for payment; do not leave the completed volume un disbursed.
The leaders of Ho Chi Minh City assigned the Department of Construction to urgently compile a list of 34 key projects with a construction plan of "3 shifts, 4 teams", with additional volumes for monitoring and support.
The Department of Construction reviews and arranges "green lanes" for materials, allowing vehicles carrying materials to circulate on prohibited roads or prohibited hours if necessary to speed up progress.
The Department of Construction must speed up the appraisal and approval of projects that are pending documents, to be completed in November 2025. This Department is also assigned to coordinate with the Department of Agriculture and Environment to determine the demand and supply of construction materials to ensure construction progress in 2025 and the following years.
The City's three Public Investment Disbursement Working Groups are required to strengthen on-site inspection, "on-site settlement, on-site resolution", and closely monitor the implementation of the Head's conclusions.
Departments and Project Management Boards in Ho Chi Minh City and Binh Duong, Ba Ria - Vung Tau areas are assigned the responsibility of coordinating, supervising, urging progress and ensuring the completion of 100% of public investment disbursement in 2025.
