Ho Chi Minh City Accelerates Key Projects: 'Order' to Disburse 100% of Public Investment Capital

Ho Chi Minh City is setting an ambitious target to disburse its entire public investment capital, amounting to nearly 150 trillion Vietnamese dong, in 2026. This strategic push aims to contribute to achieving the city's double-digit growth objectives. The city has been allocated a substantial 147.599 trillion dong for public investment, marking a 22.6% increase from 2025 and representing approximately 14.7% of Vietnam's total national public investment.

Progress in compensation, support, and resettlement, collectively referred to as compensation, has been a notable success. By the end of June 2026, over 26 trillion dong had been disbursed for compensation, achieving a 50% disbursement rate. This figure surpasses the city's average disbursement rate for public investment capital, which stood at 35% by the same period.

Key projects driving this compensation effort include the Xuyen Tam canal and the expansion of national highways 1, 13, and 22. Beyond public investment projects, the city is also managing compensation for public-private partnership initiatives, such as the Rach Chiec National Sports Complex and the Binh Quoi-Thanh Da new urban area.

Despite these efforts, challenges persist. The Department of Finance noted that some projects face difficulties in land clearance and delayed site handover for construction. These issues are particularly concentrated in projects spanning multiple districts or those managed by non-local investors. Additionally, the relocation of technical infrastructure, such as electricity and telecommunications lines, and issues related to land reception for bù đất (land exchange for compensation) have created hurdles. Many investors have indicated that early site handover by local authorities would enable them to adjust construction plans and expedite project completion.