On the afternoon of October 30th, during a press conference on socio-economic developments, the Ho Chi Minh City Department of Finance announced that, according to data from the State Treasury of Zone II, out of 34 major projects planned for 2025, several have shown positive disbursement results, reflecting the efforts of units in accelerating progress.
However, some projects are lagging behind schedule, impacting the city’s overall disbursement targets.
The Ring Road 2 project is set to commence by the end of 2025.
Among the successful projects, the Bien Hoa – Vung Tau Expressway connector (from Vung Van junction to DT994 coastal road) achieved an 84.1% disbursement rate; Metro Line 1 (Ben Thanh – Suoi Tien) reached 71.7%; the Bien Hoa – Vung Tau Expressway connector (from National Highway 56 to Vung Van junction) attained 69%; the Cai Creek dredging and reinforcement project reached 64.6%; and Component 1 of Ring Road 3 (including Teacher Canal Bridge) is on track.
Conversely, delayed projects include the Dinh River embankment, procurement of equipment for Hoc Mon, Thu Duc, and Cu Chi Regional General Hospitals; Ring Road 2 (Phu Huu Bridge to Vo Nguyen Giap Street); Ring Road 4 (Thu Bien Bridge to Saigon River); Component 6 – compensation, support, and resettlement for Ring Road 3 through former Binh Duong; and the upgrade of the Ba Ria – Chau Pha – Hac Dich route. Disbursement for these projects will continue until January 31, 2026.
To ensure overall progress, the Ho Chi Minh City People’s Committee has directed the implementation of comprehensive measures, prioritizing public investment disbursement as a key political task. The city mandates that departments, districts, and communes strictly adhere to Plan No. 01/KH-UBND for the “100 Days of Lean, Efficient, and Effective Operations” campaign, fostering momentum to meet 2025 disbursement goals.
Outstanding individuals and teams will be rewarded, while units with delayed disbursements or administrative violations will face criticism and accountability. Leaders of agencies and units must regularly monitor progress, ensuring adherence to the “6 Clarities” principle (clear personnel, tasks, responsibilities, authority, timelines, and outcomes).
To enhance on-site inspections and supervision, the city has established three task forces led by Deputy Chairpersons of the People’s Committee to directly address bottlenecks, particularly in compensation, land clearance, and technical infrastructure relocation—major hurdles causing project delays.
Additionally, investors and contractors are required to work in three shifts, four teams, increasing workload by 15-20% compared to plans, while completing acceptance and payment procedures within four working days to avoid year-end backlogs. Ho Chi Minh City will publicly list non-compliant contractors and impose specific sanctions to tighten public investment discipline.
In the final months of the year, the city will focus on accelerating disbursement for key infrastructure projects, including upgrades to National Highway 1, National Highway 22, Van Thanh Canal renovation, Ring Road 3, Ring Road 4, the HCMC – Thu Dau Mot – Chon Thanh Expressway, and the Hoi Bai – Phuoc Tan Road (DT992).
Simultaneously, Ho Chi Minh City will review and reallocate funds flexibly from slow-moving projects to those with higher disbursement potential, ensuring the 2025 public investment disbursement targets are met.
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