public investment

Update news public investment

Citywide delays, stalled projects spark concern over waste in HCM City

Dozens of major projects remain suspended or delayed, wasting resources and worsening infrastructure woes.

Former health ministry chief broke rules, costing billions: inspection

Inspections reveal that in 2014, the Minister of Health and the Major Healthcare Projects Management Board “seriously violated regulations on bidding to deliberately pick a pre-selected foreign consultant."

Former health minister appointed Belgian consultant before legal bidding process

Nguyen Thi Kim Tien designated VK Company as the lead consultant for two hospital megaprojects prior to contractor selection, violating bidding regulations.

VND7.665 trillion railway project still unfinished after 20 years

For two decades, the Yen Vien – Pha Lai - Ha Long – Cai Lan railway project, capitalized at VND7.665 billion, remains unfinished, and today needs an additional investment of about VND700 billion to resume.

Gov’t Inspectorate names officials responsible for Bach Mai, Viet Duc projects

Former ministers, deputy ministers, and project directors to be reviewed and disciplined for wrongdoing tied to major hospital construction.

Delayed public capital spending draws sharp rebuke from Prime Minister

19 ministries and 28 provinces face scrutiny as public investment disbursement falls behind national targets in early 2025.

Wasted funds and empty hospitals: The painful price of delay in health sector

Two major hospital branches remain unused after over a decade, with more than half the funding already spent and significant losses mounting.

VN plans early buyout of underperforming BOT projects with $560M allocation

The Ministry of Construction seeks to use surplus funds to support 11 transport projects at risk of collapse due to policy and revenue issues.

Dozens of stalled projects in Ho Chi Minh City exposed in government inspection

An official audit uncovers widespread delays, planning violations, and wasted resources tied to urban projects in HCMC.

Vietnam acts to unblock stalled projects under legal review in major cities

Government issues guidance for resolving legal barriers to projects in Ho Chi Minh City, Da Nang, and Khanh Hoa.

Ministers face accountability over major violations in Vietnam hospital projects

The Government Inspectorate urges strict disciplinary action and legal review of misconduct related to the Bach Mai and Viet Duc Hospital projects, without delaying 2025 launch plans.

Bach Mai, Viet Duc hospital projects under probe for multi-trillion VND waste

Systemic violations and wasteful mismanagement across two major hospital projects have prompted an official transfer of documents to the Ministry of Public Security.

Hanoi’s grand Foreign Ministry building stands eerily empty

Despite costing billions, the building remains incomplete after more than a decade, with most of its area idle and shrouded in weeds.

Deputy PM orders public investment to continue smoothly despite restructuring

Deputy Prime Minister Mai Van Chinh demands strict discipline and no disruption to public investment projects.

Efforts to unlock stalled projects: Ministry of Construction takes action

The Ministry of Construction plans to reduce administrative bottlenecks and increase digital oversight to complete lingering projects.

Public investment may help Vietnam achieve GDP growth target

A VinaCapital report highlighted the Government’s strong commitment to public investment disbursement this year.

Public investment a driving force for the economy this year

As of January 31, ministries, sectors and localities had allocated VNĐ741.1 trillion, reaching 89.7 per cent of the plan.

Vietnam boosts public investment to fuel economic expansion

Deputy Prime Minister Ho Duc Phoc announced a significant increase in public investment for 2025, with nearly 900 trillion VND allocated to infrastructure and development projects.