Hoa Thang coastal land. Photo: Ngoc Lan.
These figures demonstrate that the merger of departments and authorities at two levels, although there are fluctuations and delays, especially the removal of the district level, does not affect much the coordination of inspection, review, sanction, revocation, and suspension of projects, which has been a regular practice for several years now. Although it is known to be very difficult and very "sensitive", it is necessary to do it in parallel with investment promotion activities, in order to clear and pave the way for real investors with economic and technological potential to enter, while gradually screening out virtual investors who occupy land and re-sell it for profit... The above confusion of reality and virtuality is a reality that has occurred in this coastal area, and has accumulated for many years. And over time, applying legal regulations to continuously find virtual investors is the most drastic way for the old Binh Thuan region to improve the investment environment and enhance competitiveness.
Looking back at the implementation results from 2021 to present, the specific numbers show that. For example, in 2021, 50 projects were inspected, 15 projects were penalized, and 10 projects were revoked; in 2022, 90 were inspected, 60 were penalized, and 12 projects were revoked; in 2023, 100 were inspected, 33 were penalized, and 21 projects were revoked; in 2024, 52 were inspected, 24 were penalized, 24 projects were revoked, and 4 projects were suspended. In total, over the past 5 years, nearly 70 projects have been revoked, which speaks volumes in many aspects, including management work, which is recognized as having contributed to opening the way for new real investors to enter, accessing land conveniently, and hurriedly project implementation.
According to statistics up to March 2025, in this old Binh Thuan area, there are currently about 1,634 valid investment projects, with a total area of 50,489 hectares, and a total registered investment capital of VND 1,766,523 billion. Of which, 255 projects are slow to implement or have not been implemented, accounting for 15.65%. Notably, among the slow and unimplemented projects, 31 projects are classified as continuing to carry out procedures for land recovery and termination of investment activities according to the provisions of the law on land and investment, and 224 projects need to continue to focus on reviewing and removing difficulties and obstacles for investors.
Objective obstacles have prevented projects in the "front" coastal area of Lam Dong from being implemented and have lasted for many years. Up to now, some major obstacles have been resolved, such as removing a large land fund with overlapping projects from the national mineral exploitation and reserve (titanium); establishing a coastal protection corridor, marking boundaries according to Article 79 of the Law on Marine and Island Resources and Environment. Obstacles in the work of establishing and adjusting construction planning, which is the main problem of coastal tourism projects or legal obstacles in investment, bidding, housing with changes to commercial housing projects, tourism projects with residential land... previously, the People's Committee of Binh Thuan province (old) had concluded on the direction of resolution. Meanwhile, other obstacles related to compensation and site clearance; lack of synchronization in technical infrastructure; land use planning and forestry planning; Regarding the determination of specific land prices... are major issues that prevent projects from being implemented. The new government is in dire need of continuing to directly relevant departments, wards, communes, and special zones to coordinate and resolve them so that the province's "sea front" area can become more vibrant.
Source: https://baolamdong.vn/go-vuong-vung-mat-tien-bien-381352.html
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