Vinh Long's disbursement of public investment capital has only reached nearly 34%, 87 projects have not started construction

HOÀNG LỘC |

Vinh Long - Up to this point, the province's public investment disbursement has only reached nearly 34% of the plan, 87 projects have not yet started construction.

New disbursement reaches nearly 34% of plan

According to the report of Vinh Long Provincial People's Committee, the progress of public investment disbursement is still slow. Departments and branches mentioned many projects that have not started construction and have low disbursement.

Currently, 87 projects have not started construction, 28 projects have not been disbursed, 7 transition projects have a rate of less than 30%, in addition, there are 5 projects that have not approved site clearance plans.

Investment preparation, site clearance, construction design and estimates for many projects are still slow; compensation, land recovery and allocation are facing many difficulties, and material resources are scarce.

The process of receiving and handing over the project after the merger also causes difficulties for Project Management Boards at all levels, directly affecting the disbursement progress.

Den nay giai ngan von dau tu cong tai Vinh Long moi dat 33,94%. Anh: Hoang Loc
To date, public investment disbursement in Vinh Long has only reached 33.94%. Photo: Hoang Loc

Mr. Truong Dang Vinh Phuc - Director of the Department of Finance of Vinh Long province - said that thanks to early capital allocation and drastic direction, by the end of July, the whole province's public investment disbursement reached nearly 34%.

In the last months of 2025, Vinh Long province will continue to focus resources and implement many solutions to promote the disbursement of public investment capital.

According to Mr. Phuc, the total public investment capital plan of Vinh Long province in 2025 is more than VND 19,650 billion, estimated to disburse more than VND 6,668 billion by August 30, reaching 33.94% of the plan. In the last months of the year, the province continues to vigorously implement tasks and solutions to disburse capital plans.

The Department of Finance said that the approval of estimates, payments and finalizations is still slow. The Department is coordinating with the investor and the Project Management Board to shorten the appraisal and speed up disbursement.

Accelerate the disbursement of public investment capital Mr. Dang Van Chinh - Permanent Vice Chairman of Vinh Long Provincial People's Committee - requested departments, branches, localities and investors to enhance their responsibility in implementing capital plans and closely coordinate with inspection and supervision work.



Units need to regularly work with contractors to closely monitor the progress, promptly remove difficulties, and ensure the disbursement progress of each project.

Anh: Hoang Loc
Vinh Long currently has 87 projects that have not started construction, 28 projects have not been disbursed, 7 projects have disbursed less than 30%. Photo: Hoang Loc

Agencies and units must completely handle problems in all stages of public investment, from project appraisal, approval of contractor selection plans, construction designs, site clearance to payment, settlement; at the same time, ensure publicity, transparency and strengthen bidding supervision, select competent units, and implement quickly and effectively.

"Investors should proactively review projects under implementation and promptly report the shortage of materials for support, to avoid slowing down the disbursement progress," Mr. Chinh added.

HOÀNG LỘC
RELATED NEWS

Vinh Long promotes the development of economic zones and industrial parks after the merger

|

Vinh Long - After the merger, the province focuses on developing economic zones and industrial parks to increase economic growth, create jobs and improve investment efficiency.

Removing difficulties, Vinh Long speeds up disbursement of public investment capital in the last months of the year

|

Vinh Long - The province is promoting many solutions to remove difficulties, striving to complete the public investment disbursement plan in 2025.

Vinh Long creates momentum for green growth

|

Vinh Long - With 130km of coastline, the province is rising to become a renewable energy center of the southern coastal region.

Free 128 urban bus and railway routes for people attending the National Day Ceremony

|

Hanoi Urban railways and 128 subsidized bus routes will offer free tickets to people and tourists on the occasion of the 80th anniversary of National Day on September 2, 2025.

Gold price today, August 23: Increased by 1.2 million VND/tael

|

Gold price today, August 23: Domestic gold increased by 1.2 million VND/tael. Gold bars broke the highest peak.

The risk of storm No. 5 is very high when it makes landfall, the Prime Minister directs the deployment of forces to support people

|

The Prime Minister requested proactive response to the tropical depression that is likely to strengthen into storm No. 5, and deploy forces to vulnerable areas to support people.

Localities are allowed to use the Prime Minister's authority to mobilize forces to respond to storm No. 5

|

The Deputy Prime Minister said that localities have the right to use the power of the Prime Minister, Deputy Prime Minister, Minister to mobilize forces when necessary to respond to storm No. 5.

Vinh Long promotes the development of economic zones and industrial parks after the merger

HOÀNG LỘC |

Vinh Long - After the merger, the province focuses on developing economic zones and industrial parks to increase economic growth, create jobs and improve investment efficiency.

Removing difficulties, Vinh Long speeds up disbursement of public investment capital in the last months of the year

HOÀNG LỘC |

Vinh Long - The province is promoting many solutions to remove difficulties, striving to complete the public investment disbursement plan in 2025.

Vinh Long creates momentum for green growth

HOÀNG LỘC |

Vinh Long - With 130km of coastline, the province is rising to become a renewable energy center of the southern coastal region.