Vice Chairman of Ho Chi Minh City People's Committee Bui Xuan Cuong has just signed a document requesting departments, branches, and localities to synchronously implement solutions, striving to complete 100% of the public investment capital plan for 2026.
In the first quarter of 2026, Ho Chi Minh City only disbursed nearly 13,600 billion VND out of a total of 147,599 billion VND allocated, equivalent to less than 10% of the plan.
Leaders of the City People's Committee requested to identify the allocation and disbursement of public investment capital as a key political task. Heads of departments, agencies, and chairmen of People's Committees of communes, wards, and special zones must be directly responsible for the implementation results.
One of the urgent requirements is to urgently complete the detailed allocation of the entire 2026 capital plan, not to let it be backlogged. Units must regularly review the progress of each project, proactively transfer capital from slow-disbursing projects to projects with good disbursement capacity and need for capital supplementation.
For projects that still have problems, especially in investment procedures, compensation, and site clearance, the city requests to focus on completely removing them. In case of exceeding authority, units must promptly report for consideration and direction.
In the implementation stage, investors are required to develop detailed disbursement plans for each month and each quarter; clearly assign responsibility to leaders in charge of each project; strengthen on-site inspection and promptly handle arising difficulties. Steps from investment preparation, contractor selection to construction, acceptance, and payment must be accelerated, ensuring progress and quality.
Compensation, support, and resettlement work is identified as a key "bottleneck", which needs to be focused on removing to create a clean ground for the project. Along with that, departments, branches and localities must strengthen coordination and shorten the processing time of administrative procedures.
Ho Chi Minh City also emphasized tightening discipline in public investment management. Disbursement results will be linked to assessing the level of task completion of the head. Collectives and individuals who do well will be rewarded, while cases of causing delays, obstruction or irresponsibility will be strictly handled.
Regarding task assignment, the Department of Finance is assigned to take the lead in monitoring and summarizing the allocation and disbursement situation throughout the city, periodically reporting to the City People's Committee before the 10th of each month and advising on capital plan adjustments.
The Department of Construction is responsible for urging progress, guiding the removal of obstacles in construction management, costs and quality of works. The Department of Agriculture and Environment is responsible for compensation, support, resettlement and handling issues related to land.
Meanwhile, the Department of Planning and Architecture focuses on reviewing and quickly resolving planning procedures to serve the project. The State Treasury of Region II ensures timely and regulated capital payments, and at the same time provides complete data to serve management work.