To attract more investment in Hanoi, agencies will enhance supervise activities aiming to minimize sluggish implementation. Accordingly, they will write the names of sluggish projects to revoke.
People’s Committee in Hanoi said that city authority takes heed to attract investment from local enterprises. From 2016 to now, the city has attracted over VND400 trillion ($17.5 billion); however, related agencies have not well done in checking private companies.
People’s Council members said that the Department of Investment and Planning was slow in connecting enterprises’ information. Therefore, the Department didn’t sort out sluggish projects as well as not petition to revoke them.
Statistically, 418 projects in Hanoi have not been implemented including over 100 run from 2012.