Chairman of the Ho Chi Minh City People’s Committee, Phan Van Mai, announced that the city is reviewing approximately 1,000 unused public assets to resolve issues and ensure effective utilization.

During the end-of-year session of the city’s People’s Council on December 10, Chairman Mai stated that Ho Chi Minh City has been chosen as a pilot location for addressing unresolved public assets and projects. This initiative will serve as a model for implementation across the country.

The Central Government task force is scheduled to visit the city in December to review reports and provide timely directives. The city plans to categorize the 1,000 public assets into groups for resolution, including those to be auctioned or temporarily leased while awaiting new investment projects.

As part of the city's organizational streamlining efforts, unused public buildings will be systematically managed to ensure no facility is left idle.

Chairman Mai provided an update on the city’s socio-economic performance for 2024, reporting a growth rate of 7.17%. While this reflects significant effort, it falls short of the 7–7.5% target.

For 2025, the Ho Chi Minh City Party Committee has set an ambitious growth target exceeding 10%. Chairman Mai acknowledged the challenges of achieving this but emphasized that high targets are set to encourage maximum effort rather than to merely meet performance benchmarks.

Regarding public investment disbursement, the city expects to reach over 80% by the end of the year, falling short of the over 95% target due to both subjective and objective factors.

Chairman Mai identified delayed adjustments to planning amidst significant changes as a major factor for the low disbursement rate. He also cited slow administrative procedures across six related departments and inconsistencies in coordination. Additionally, some delays were acknowledged in the city government’s leadership and management.

In 2025, Ho Chi Minh City aims to disburse approximately 100 trillion VND, including over 80 trillion VND allocated for the year and 20 trillion VND carried over from 2024. To achieve a public investment disbursement rate exceeding 95%, the city has tasked the Standing Committee of the People’s Committee with overseeing major projects.

“The People’s Committee has developed a public investment disbursement plan for 2025 and the following years. This plan will be presented to the Party Committee during the 2024 year-end review session later this month,” Chairman Mai shared.

As part of its organizational streamlining strategy, Ho Chi Minh City is clarifying functions and responsibilities, identifying tasks for the state and areas for socialization. The city plans to propose adjustments to the Central Government for more suitable frameworks.

“Streamlining the organizational structure is not just about merging entities; it’s also about reviewing regulations and strengthening organizational systems. This is a significant endeavor, and we seek further feedback during the implementation process,” Chairman Mai emphasized.

Ho Van