In the final months of the year, Hanoi expedites the release of public investment capital.
- 174
- Business
- 22:59 03/09/2023
DNHN - Hanoi City is concentrating on implementing the Prime Minister's directive to encourage the allocation and distribution of public investment capital in 2023.
The Hanoi People's Committee aims for the 2023 public investment plan disbursement results to exceed 95% of the city's assigned plan. According to the aforementioned objective, the city requires investors to have measures to disburse capital plans by the established roadmap; Focus on completing investment procedures for projects allocated to the 2023 public investment capital plan, and simultaneously determine to remove difficulties and obstacles for the project and complete tasks in the remaining plan months. 2023 public investment plan.
Simultaneously, departments, branches, branches, and district and town People's Committees focus on resolving and advising the City People's Committee to remove difficulties and obstacles for projects; Accelerate the completion of investment procedures to facilitate the disbursement of public investment capital in 2023.
The City People's Committee requires investors and the People's Committees of districts and towns to prioritize accelerating the implementation of projects, the distribution of assigned capital plans, and the fulfillment of commitments. For each project, units develop detailed disbursement plans for the third and fourth quarters of this year and through January 31, 2024.

To avoid a situation where the full capital plan is not disbursed due to calculations and proposals, the city requires units and investors to carefully review the project's ability to be implemented and to propose the appropriate capital plan arrangement. reasonable. For projects that are adjusted to the public investment capital plan in 2023, investors are required to focus intensely and implement measures to ensure the capital plan is fully disbursed.
In addition, the City People's Committee assigned the Department of Planning and Investment primary responsibility and coordination with the investor for advising the City People's Committee to submit to the City People's Council for review at the September meeting. Control and transfer capital from projects that are slow to complete investment procedures, slow to implement, slow to disburse funds, fail to overcome obstacles, and are not expected to fully disburse capital plans to projects that can be implemented, resulting in better capital absorption.
The Department of Finance is tasked with coordinating with the Department of Planning and Investment in advising the City People's Committee to balance capital sources to ensure the progress of the project; reviewing completed projects and urging their settlement.

Relevant units tasked with preparing investment must expeditiously complete procedures for approving investment policies and submit them to the City People's Council for approval at the next meeting of the City People's Council. Units are assigned as investors of emergency projects for 160 city-level projects on the list of 5-year medium-term public investment plans for 2021-2025 that have approved investment policies but have not yet been approved. Complete the process of project approval.
The City also requests that the People's Committees of districts and towns urgently direct their specialized departments to complete appraisal reports and submit them to the appropriate authorities to implement investment procedures and approve housing selection plans. contractor; technical design estimation; tendering result; decision to modify the project, which will be completed in September and October of this year.
Regarding the disbursement of the extended 2022 capital plan, the City People's Committee requires investors for projects with two capital sources to prioritize disbursement of the extended 2022 capital plan before making payments. 2023 public investment plan. If 100% of both capital sources are not expected to be disbursed, the investor reviews and proposes to adjust and reduce the 2023 capital plan next September to focus on fully disbursing the capital plan in 2022, as requested by the city.
Ngoc Phi (TH)
Related news
- Mr. Le Viet Thang, CEO of 1Office: "Don’t use old solutions for new ai challenges"
- VinFast: a strategic pivot amid the green industry storm?
- 127 high-value projects post-merger: Ho Chi Minh City rolls out the red carpet for strategic investors
- Pakistani Ambassador to Vietnam: “Peace and unity are the strength to build the future.”
- Vietnam's Semiconductor Leap: Five Strategic Policies to Reach 2027 Goal
- What’s Vietnam’s game plan as President Trump pressures the Fed?
- SK Innovation and HD Hyundai (South Korea) step up cooperation with Khánh Hòa Province (Vietnam)
- Quang Tri attracts $96.5 mln in new projects in July
- A trade fair organizer surprises by joining the ranks of top-earning listed companies
- HDBank secures USD 215 million syndicated loan from JICA, SMBC, and FinDev Canada
- Samsung Electronics Vietnam inaugurates its first rooftop solar project at Bac Ninh Factory
- Promoting market development for science and technology products
- Sao Mai Group’s pangasius export segment embraces new opportunities
- Energy transition in Vietnam: Opportunities and challenges from coal power to renewables
- Renewable energy: Steering in the right direction of the times
- Clean energy must be protected by transparent, stable, and consistent policies
- European-standard ingredients: Inspiring culinary journeys from the heart of the kitchen
- The foundational mark of pioneers in renewable energy amidst an evolving legal framework
- Taste of Queensland: Strengthening Vietnam–Queensland Partnerships through Culinary Diplomacy
Đọc thêm Business
VinFast: a strategic pivot amid the green industry storm?
As the global auto industry accelerates its transition to electric mobility, VinFast faces its toughest test yet: soaring financial pressure, heated debates on phasing out combustion engines, and mounting global competition.
127 high-value projects post-merger: Ho Chi Minh City rolls out the red carpet for strategic investors
Ho Chi Minh City has unveiled a portfolio of 127 strategic projects as part of a major investment restructuring effort post-boundary expansion, signaling a shift toward selective and high-impact investment in technology, finance, and logistics.
Vietnam's Semiconductor Leap: Five Strategic Policies to Reach 2027 Goal
Vietnam has set an ambitious target: to manufacture "Make in Vietnam" semiconductor chips by 2027. This bold commitment marks a defining moment in the country’s high-tech trajectory, positioning Vietnam as a rising contender in the global chip race.
What’s Vietnam’s game plan as President Trump pressures the Fed?
In a move that rattled political circles and financial markets worldwide, U.S. President Donald Trump declared he would sue Federal Reserve Chairman Jerome Powell for “stifling growth” with high interest rates.
Quang Tri attracts $96.5 mln in new projects in July
The provincial authorities approved investment policy for 13 projects in the month of July.
Samsung Electronics Vietnam inaugurates its first rooftop solar project at Bac Ninh Factory
July 31, 2025, Samsung Electronics Vietnam (SEV) officially inaugurated the rooftop solar power project at the SEV factory in Yen Phong Industrial Park, Bac Ninh.
Promoting market development for science and technology products
The Trade Promotion Agency affirmed that it will continue close coordination with trade offices, domestic entities, and industry associations to effectively implement trade promotion programs tailored to science and technology products.
European-standard ingredients: Inspiring culinary journeys from the heart of the kitchen
The EU Good Food – Good Life campaign, funded by the European Union, has enriched the variety of EU-standard food ingredient options available in the Vietnamese market.
Taste of Queensland: Strengthening Vietnam–Queensland Partnerships through Culinary Diplomacy
Against the elegant backdrop of the “Taste of Queensland” networking dinner, government officials, business leaders, and investors from Vietnam and the Australian state of Queensland gathered to celebrate and advance a thriving bilateral relationship
“Lithuanian President’s visit opens a new chapter in bilateral cooperation with Vietnam”
This assessment was shared by Mr. Arunas Karlonas, Commercial Affairs Counsellor of the Lithuanian Embassy, regarding the potential cooperation between the two countries following the recent official visit of the Lithuanian President to Vietnam.