At the conference, Vice Chairman of the Hanoi People's Committee Nguyen Xuan Luu stated that 2026 holds special significance as the first year of the 2026-2030 period for implementing socio-economic development plans, financial plans and medium-term public investment plans.

As the city targets double-digit growth, public investment continues to be identified as the primary growth driver, management tool and leverage mechanism stimulating the capital's economy.

The Hanoi Party Committee and Hanoi People's Committee have decisively directed public investment disbursement efforts under the consistent principle of maximizing time and beginning implementation immediately from the first days of the year.

As of April 28, 2026, the city had disbursed VND32.2 trillion ($1.22 billion) in public investment capital, reaching 26.88% of the plan assigned by the Prime Minister.

This figure excludes the 5% reserve fund for the Hanoi–Lao Cai–Hai Phong railway project and accounts for 20.67% of the city's assigned plan, an increase of VND8.08 trillion ($307 million) compared with the end of March 2026.

Cumulative disbursement as of May 6, 2026 reached VND136.2 trillion ($5.2 billion), equal to 30.17% of the Prime Minister's assigned plan.

This figure also excludes the 5% reserve fund for the Hanoi–Lao Cai–Hai Phong railway and represents 23.21% of the city's assigned plan.

Communes and wards achieved an average disbursement rate of 20.41%, with 27 out of 126 communes and wards exceeding the citywide average.

City-level departments, sectors and project management boards achieved an average disbursement rate of 34.45%, with 10 units exceeding the city average. Meanwhile, 45 units, including 44 communes and wards, reported disbursement rates below 10%.

Many major infrastructure projects, including Ring Road 2.5, Ring Road 1 and several bridges crossing the Red River, are accelerating land clearance and entering peak construction phases.

Hanoi's April 2026 disbursement results exceeded the national average of 14.2%, although progress still fell short of the planned schedule.

During May and June 2026, the city must continue disbursing approximately VND13.8 trillion ($524.5 million) to ensure second-quarter growth targets and VND41.9 trillion ($1.6 billion) to maintain the planned implementation roadmap.

The largest bottleneck affecting public investment disbursement remains land clearance difficulties.

Other challenges include shortages and rising prices of construction materials, delays in completing investment procedures, prolonged negotiations and adjustments related to ODA loan agreements and incomplete allocation of budget plans by some communes and wards.

To accelerate public investment disbursement during the remaining months of 2026, Vice Chairman Nguyen Xuan Luu stated that departments and sectors must soon complete documents implementing new mechanisms and policies under the 2026 Capital Law.

He also called for decisive acceleration of land clearance work, prioritizing completion for key projects, especially ring roads, major river bridges and regional connection routes.

Investors in ODA and urban railway projects were instructed to review and accelerate construction and disbursement.

The Hanoi Department of Construction was assigned to address the shortages of raw materials and fuel for construction. The Hanoi Department of Finance will continue advising on flexible capital management and strengthen monitoring and supervision.

Project investors and commune and ward authorities must prepare detailed plans for disbursement, land clearance and construction progress for each project, accelerate completion of investment procedures, immediately establish "Public Investment Disbursement Command Teams" led by chairpersons of commune and ward People's Committees and develop plans for managing and utilizing public assets formed after investment.

Regarding delayed investment projects using public and nonpublic capital across the city, Vice Chairman Nguyen Xuan Luu reported that 341 privately funded projects still require comprehensive resolution.

Of these, 308 projects have already been allocated or leased land. Specifically, 34 projects have received extensions, 18 are under inspection or investigation and 256 projects have inspection conclusions but have not fully remedied violations and shortcomings.

In addition, 33 projects have not yet been allocated or leased land, including 32 currently under review and one being handled by competent authorities.

According to review results, by April 30, 2026, 326 out of 341 investors had submitted reports as requested by the Chairman of the Hanoi People's Committee, while 15 investors had not submitted reports.

Based on approved handling plans, departments, sectors and agencies will process each project individually with the goal of completion before June 30, 2026.

For 339 delayed public investment projects, authorities classified them into three groups.

The first group includes 64 projects scheduled for termination, with total investment capital of VND9.3 trillion ($353.6 million).

These projects have experienced construction suspension for five years or longer, have essentially been completed but no longer require continued implementation, overlap with planning schemes, fail to meet technical standards, or are no longer needed. The city expects to recover approximately VND79.6 billion ($3 million) from this group.

The second group includes 75 projects with temporarily suspended capital allocation, totaling VND15.1 trillion ($576.5 million).

These projects are facing difficulties related to land clearance, planning, compensation mechanisms and contracts and require resolution before continuation. The city expects to recover approximately VND485.6 billion ($18.4 million) from this group.

The third group consists of 200 projects continuing implementation, with total investment capital of VND148.8 trillion ($5.6 billion).

These projects have already begun implementation but have not yet achieved objectives and require continuation after obstacles are resolved, along with clear assignment of responsibilities and progress commitments.

Based on reports from 326 investors, the task force issued Document No. 03/CV-TCT dated May 5, 2026 assigning responsibilities and proposing handling plans for projects to individual departments and sectors.

For the 15 projects that have not submitted reports, the city assigned the Hanoi Department of Agriculture and Environment to send final notices while clarifying reasons for delayed reporting and proposing handling measures for cases submitted after April 30, 2026.

Vice Chairman Nguyen Xuan Luu stated that handling directions for privately funded projects are divided into four groups.

The first group includes projects that have been fully resolved with no remaining obstacles. The second group consists of projects subject to recovery or termination.

The third group includes projects permitted to continue implementation after completing legal procedures. The fourth group includes projects that continue undergoing review and processing.

Regarding implementation progress, departments and sectors will review and propose specific handling measures for each project and report to the Hanoi People's Committee before May 15, 2026.

The Hanoi Department of Agriculture and Environment was assigned to lead consultation and proposal work for submission to the Hanoi People's Committee before May 20, 2026.

Afterward, the Hanoi People's Committee and the Standing Board of the Party Committee of the Hanoi People's Committee will review and provide opinions before May 25, 2026 to finalize reports submitted to the Standing Committee and Standing Board of the Hanoi Party Committee before May 30, 2026.