Search

Saved articles

You have not yet added any article to your bookmarks!

Newsletter image

Subscribe to the Newsletter

Join 10k+ people to get notified about new posts, news and tips.

Do not worry we don't spam!

HCMC Flood Control Project Set for 2026 Completion

HCMC Flood Control Project Set for 2026 Completion

Post by : Shakul

Vietnam's Standing Deputy Prime Minister Pham Gia Tuc has called for urgent action to resolve remaining obstacles affecting the Ho Chi Minh City tidal flood control project. During a meeting with city officials and relevant ministries, he stressed the importance of completing the project and putting it into operation in 2026.

Major Project to Protect Millions

The flood mitigation project is designed to control tidal flooding across approximately 570 square kilometres of Ho Chi Minh City. Once completed, it is expected to benefit around 6.5 million residents through a network of tidal gates and embankments constructed along the Saigon River.

Construction Nears Final Stage

According to city authorities, the investor, Trung Nam Group, has completed more than 93 percent of the project's construction work. Structural works have largely been finished, while mechanical systems, control equipment, landscaping and supporting infrastructure are currently being finalized.

Payment Dispute Delays Progress

Officials noted that disagreements over payment methods and difficulties in securing financing have slowed the final stages of the project. These issues have raised concerns about meeting the planned completion deadline despite substantial progress on construction.

Ministries Confirm Legal Basis

Representatives from several ministries and government agencies agreed that there is sufficient legal basis for payments under the Build-Transfer contract. Authorities emphasized the need for both the city government and the investor to finalize a payment mechanism that complies with legal regulations and contractual commitments.

Investor Commits to Quick Completion

The project's investor stated that once payment-related issues are resolved, the remaining work can be completed and the system can become operational within 60 days. The company also announced an extended construction warranty period of three years.

Government Demands 2026 Deadline

Concluding the meeting, Deputy Prime Minister Pham Gia Tuc reiterated that the project must be completed in 2026 in line with directives from Vietnam's leadership. He instructed the Ho Chi Minh City People's Committee to proactively finalize the payment plan and ensure that no further delays hinder the project's completion.

June 23, 2026 6:04 p.m. 257

#Infrastructure #World Breaking News #Vietnam #Government

PM Modi Pays Tribute to Mahatma Gandhi, Urges People to Support Khadi
Oct. 2, 2026 11:41 a.m.
PM Modi pays tribute to Mahatma Gandhi on Gandhi Jayanti and urges citizens to support Khadi and the Swadeshi spirit
Read More
Warrant Issued for One of Eight Accused in Palestinian Kidnapping Case
Oct. 2, 2026 11:11 a.m.
Court issues an arrest warrant after one accused in the Palestinian kidnapping case could not be located despite efforts by authorities
Read More
Japan Says Economy No Longer Needs Excessively Loose Monetary Policy
Oct. 2, 2026 10:37 a.m.
Japan says it no longer needs excessively loose monetary policy as inflation pressures persist and the BOJ weighs its next rate move
Read More
Amazon Seeks to Offload $8 Billion in Nvidia Chips to Investors
Oct. 2, 2026 10:24 a.m.
Amazon plans to move $8 billion in Nvidia chips to investors, using a new financing model to strengthen its balance sheet and support AI growth
Read More
MCMC Warns of Legal Action Over AI Video Showing Mahathir Grieving Hasmah
Oct. 2, 2026 10:05 a.m.
MCMC reviews an AI video of Mahathir grieving Hasmah and warns that legal action may follow if the content violates Malaysia’s laws
Read More
Samsung Raises Galaxy S26 Prices as Memory Chip Costs Rise
Oct. 1, 2026 5:31 p.m.
Samsung raises Galaxy S26 prices in South Korea as rising memory chip costs put pressure on smartphone margins
Read More
Indore Gets Advanced Blood Test for Early Alzheimer’s Detection
Oct. 1, 2026 3:57 p.m.
Sampurna launches an advanced Alzheimer’s Blood Test in Indore that can identify related changes up to 10-15 years before symptoms, according to the clinic
Read More
Indonesian Man Gets 13 Years in Jail for Killing Man Accused of Rape
Oct. 1, 2026 12:44 p.m.
An Indonesian man gets 13 years in jail after killing a compatriot accused of raping his daughter in Tawau, Malaysia
Read More
Indian Pilot Smit Machchhar Praised After Flydubai Flight Incident
Oct. 1, 2026 11:47 a.m.
Indian pilot Smit Machchhar was praised after the Flydubai FZ1073 cockpit incident forced an emergency landing in Saudi Arabia
Read More
Trending News