The Ministry of Planning and Investment will help Ho Chi Minh City identify the largest 50 foreign direct investment (FDI) projects that have yet to disburse, an official said Tuesday.

These projects will impact the city’s economic and social situation in the coming time but are facing difficulties in disbursement, Phan Huu Thang, head of the ministry’s Foreign Investment Agency (FIA) said.

“It’s a must to rapidly disburse these 50 projects, and that will hence affect the disbursement for other smaller projects,” he added.

Vietnam expects to attract registered FDI capital of US$20 billion this year, with about $9 billion to be disbursed in that time.

Reported by Tran Tam