The Ngọc Hồi interchange project in Tây Nha Trang ward, Khánh Hòa province, with some items yet to be completed. — VNA/VNS Photo

HÀ NỘI — As of July 20, Việt Nam had 8,002 long-stalled projects, of which 4,938, or 61.7 per cent, had their difficulties and obstacles resolved, according to the Party Central Committee’s Commission for Inspection.

In July, Party committees and organisations continued to direct, inspect and supervise efforts to address difficulties facing projects in their respective localities.

Of the 8,002 projects, 4,938 completed the settlement of obstacles in line with the conclusions of the Party Central Committee and the resolutions of the National Assembly and the Government, as well as relevant Government decrees and guiding documents, up 564 projects from the previous month. 

Another 2,488 projects, accounting for 31.1 per cent, have had solutions identified and are undergoing implementation, up 760 projects month-on-month. Of these, 1,163 faced land law-related issues while 1,356 involved other land-related difficulties.

The commission said the resolution of obstacles has helped unlock significant land and financial resources. In 19 provinces and cities, the handling of 4,311 projects, including 611 public investment projects, has brought about 81,634ha of land back into economic use. More than VNĐ114.8 trillion (US$4.4 billion) has been disbursed while almost VNĐ370.3 trillion is being put back into implementation.

Hà Nội, Hải Phòng, Phú Thọ and HCM City are among localities recording positive results. 

Major obstacles resolved included land acquisition and site clearance, land-use rights auctions and land allocation, land-use purpose conversion, issues related to the Law of the Sea and Islands, exchange-rate impacts on ODA funds, construction delays, and the reassessment of investment efficiency.

However, there remain obstacles concerning land law violations, financial obligations, investor selection, planning adjustments, investment policies, project schedules, public assets, and the implementation of inspection, audit and judicial conclusions.

The commission proposed continued efforts to resolve long-standing projects as an important political task linked to thrift practice, corruption and wastefulness prevention, and socio-economic development. — VNA/VNS