delayed projects

Update news delayed projects

Vietnam struggles to unlock $100bn trapped in stalled property projects

Thousands of delayed real estate developments across Vietnam are trapping enormous financial resources. Despite recent progress, most projects remain mired in legal and procedural bottlenecks.

Hundreds of villas left idle as inspectorate flags major infractions in Da Nang

A sprawling urban development project in northwest Da Nang, once valued at over VND 4,400 billion, is now a ghost town of unfinished villas and overgrown lots.

$1B thermal power plant project in Bac Ninh bogged down after 10 years

After nearly a decade of delays, legal issues and financial trouble, a $1B private thermal power plant project in Bac Ninh is under close scrutiny.

PM stresses need to urgently handle long-delayed projects

Some long-delayed and stagnant projects face legal obstacles related to land management, land use, and planning; some violated regulations or shown signs of violations; while many others remain stuck due to procedural and administrative bottlenecks.

Coastal resort projects in HCMC abandoned, prime land left idle

Despite multi-million-dollar investments, luxury resorts along Ho Chi Minh City’s coast sit deserted, overrun by weeds and time.

Blueprint is needed for tackling wasteful projects: Party Chief

The Bach Mai and Viet Duc Hospital Campus 2 projects in Ha Nam, capitalized at tens of trillions of VND, remained stagnant for over a decade until Party Chief To Lam issued an instruction near the beginning of the year.

Ninh Binh launches probe into 40 stalled and costly development projects

The Government Inspectorate has directed the Ninh Binh Provincial Inspectorate to conduct direct inspections of 40 projects with total investment exceeding $1.2 million each.

Government to investigate stalled 32-story tower in Ho Chi Minh City

The long-abandoned HH1 building by Vietsovpetro will undergo inspection after nearly 10 years of inactivity.

Once a green fuel hope, $87mil. ethanol plant now sits abandoned

Hailed as a fuel innovation, the massive bio-ethanol factory now stands deserted and deteriorating in Quang Ngai.

Vietnam moves to finish stalled hospital projects after six-year delay

Deputy Prime Minister Nguyen Hoa Binh has directed government agencies to urgently resolve all lingering issues and ensure that the second campuses of Bach Mai and Viet Duc Hospitals become operational by the end of 2025.

Four multi-trillion VND projects under Central Steering Committee watch

The Vicem Operations Center, Hoi Xuan Hydropower, Ministry of Foreign Affairs Headquarters, and Subproject 2 (Lim - Pha Lai) are all large-scale investments worth several trillion dong but have been prolonged for years with little progress.

Citywide delays, stalled projects spark concern over waste in HCM City

Dozens of major projects remain suspended or delayed, wasting resources and worsening infrastructure woes.