05/08/2026
Management Council of the Land Development Fund and Provincial Development Investment Fund deploys tasks for the remaining months of 2026
On the afternoon of August 3, Comrade Tran Van Hau, Vice Chairman of the Provincial People's Committee and Chairman of the Management Council of the Land Development Fund and the Provincial Development Investment Fund, chaired a meeting to review the operating results for the first 7 months of 2026 and deploy tasks for the remaining months of 2026 of Thai Nguyen Provincial Land Development Fund, Development Investment Fund, and Credit Guarantee Fund for Small and Medium-sized Enterprises. The meeting was attended by leadership representatives of relevant departments and sectors.
Delegates attending the meeting
According to the report at the meeting, on the basis of the Land Development Fund's 2026 capital advance plan approved by the Provincial People's Committee, to date, the Fund has received, appraised, and completed the disbursement of advance capital for 2 projects with a total amount of over VND 9 billion; recovered advance capital of over VND 10.1 billion; and the total overdue advance capital balance at units and localities stands at over VND 85 billion. The Fund has stepped up supervision and inspection of the use of advance capital, while coordinating to review, discuss, and agree on repayment plans for projects with advance capital balances due or overdue, promptly removing difficulties and obstacles to accelerate capital recovery in accordance with regulations.
Leadership of the Development Investment Fund speaking
For the Provincial Development Investment Fund, in the first 7 months of 2026, the total amount disbursed for loans under credit contracts was over VND 13.1 billion. The Fund has organized investment activities and implemented contents related to projects received from the Land and Housing Fund Development Center and invested in the construction of technical infrastructure for several residential area projects.
At the meeting, delegates also reviewed the operational activities of the Local Housing Fund and the Credit Guarantee Fund for Small and Medium-sized Enterprises, as well as difficulties and obstacles related to the operation of the funds.
Vice Chairman of the Provincial People's Committee Tran Van Hau delivers directive remarks
Delivering directive remarks, Vice Chairman of the Provincial People's Committee Tran Van Hau requested that the Land Development Fund and the Provincial Development Investment Fund review, report on, and comprehensively assess the operating results for the first 7 months of the year and propose directions for resolving the Funds' difficulties and obstacles, particularly regarding the recovery of overdue advance capital from units and localities, and supervise the use of advance capital to ensure strict management of advance capital for a number of projects in the province. In addition, he required that the Funds closely follow the direction of competent authorities to carry out debt recovery following judgment enforcement for a number of projects.
He also requested that relevant departments and sectors study and review the steps involved, and advise on the process for dissolving the Credit Guarantee Fund for Small and Medium-sized Enterprises; advise on additional charter capital allocation to perform the functions and tasks of the Local Housing Fund, ensuring resources for the Fund to organize and implement its assigned tasks in accordance with the law.
Thanh Mai
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