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Ho Chi Minh City accelerates public investment and smart city goals
Ho Chi Minh City is intensifying efforts to accelerate public investment disbursement to drive economic growth and infrastructure development. As of August 2026, the city achieved a disbursement rate of 57.7%, reaching 85,141 billion VND, which exceeds the national average of 49.8%. Despite this progress, 71 wards and communes have yet to meet required disbursement targets, prompting officials to demand increased speed to reach a 70% target by the end of the third quarter of 2026.
In terms of urban development, the Ho Chi Minh City People's Council is set to consider investment policies for four renovation projects along the southern bank of the Kenh Doi canal. Additionally, the city is pursuing a long-term strategy to transform into a smart city by 2030, aiming to enter the top 50 smart cities globally. This roadmap focuses on transitioning from simple technology application to data-driven governance, utilizing artificial intelligence and digital twins to optimize urban management and improve the quality of life for residents and businesses.
Entities
Department of Finance · Ho Chi Minh City · Ho Chi Minh City People's Council · Hoàng Nguyên Dinh · Ministry of Finance · Nguyen Manh Cuong
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 2 SOURCES] The disbursement rate increased from 44.1% to 57.7%, an increase of 13.6 percentage points compared to the same period in 2025. doanhnghiephoinhap.vn · baoxaydung.vn
- [● 2 SOURCES] As of mid-September, 71 wards and communes in Ho Chi Minh City have not met the required public investment disbursement rates. doanhnghiephoinhap.vn · baoxaydung.vn
- [● 2 SOURCES] The Ministry of Finance assessed Ho Chi Minh City as one of the localities with a high disbursement rate and a large volume. doanhnghiephoinhap.vn · baoxaydung.vn
- [● 2 SOURCES] Public investment disbursement results are incorporated into the KPI evaluations for officials, civil servants, and public employees. doanhnghiephoinhap.vn · baoxaydung.vn
- [● 2 SOURCES] The city allocated 56,062 billion VND for compensation in 147 projects, with 65.57% disbursed to date. doanhnghiephoinhap.vn · baoxaydung.vn
- [● 2 SOURCES] Hoàng Nguyên Dinh stated that the City Chairman requires the public investment disbursement rate to reach 70% by the end of Q3/2026. doanhnghiephoinhap.vn · baoxaydung.vn
- [● 2 SOURCES] By the end of August 2026, Ho Chi Minh City disbursed 85,141 billion VND, which is 57.7% of the capital plan assigned by the Prime Minister. doanhnghiephoinhap.vn · baoxaydung.vn