HCMC’s public investment disbursement slow
As of the end of July, Ho Chi Minh City had disbursed only VND8 trillion ($343.68 million) of public investment capital, or 26 per cent of the plan. Many projects have disbursed only 4-5 per cent of the capital allocated, and 100 projects have not disbursed any capital at all, including a project in the trillions of VND. The greatest bottleneck is site clearance and compensation appraisals.