Property firms receive reminder
In an aim to prevent illegal activity in the property sector, the Ho Chi
Minh City administration has directed the Department of Construction to
distribute legal documents on real estate business and services to
property transaction floors.
In an aim to prevent illegal activity in the property sector, the Ho Chi
Minh City administration has directed the Department of Construction to
distribute legal documents on real estate business and services to
property transaction floors.
The documents include information about real-estate brokerage and price assessment and management, according to the People's Committee.
The People's Committee also asked the department to conduct inspections of organisations and individuals in the real-estate industry.
The city told the department to publicise its list of violations and the names of illegal real-estate transaction floors.
They also asked the department to conduct research on the kind of policies that could improve the operation and services of real-estate transaction floors.
As part of the plan to clean up real-estate activities in the city, the municipal government has also told the city's Department of Planning and Investment to provide information about the operations of real-estate companies.
The city asked the department to draw up a list of businesses that have been issued new business or investment certificates, and that have been closed, suspended or banned from operating.
Businesses whose investment certificates have been withdrawn will also be included on the list.
Under the city's directive, the Department of Natural Resources and Environment will be responsible for informing district People's Committees about the procedures for issuing land-use ownership certificates and house-ownership certificates for real-estate products via real-estate transaction floors.
As of the end of last year, the city had more than 350 legal property transaction floors, accounting for 50 percent of the number of property transaction floors nationwide, according to the Department of Construction.
However, the management of the operation of many real-estate transaction floors has been lax.-VNA
The documents include information about real-estate brokerage and price assessment and management, according to the People's Committee.
The People's Committee also asked the department to conduct inspections of organisations and individuals in the real-estate industry.
The city told the department to publicise its list of violations and the names of illegal real-estate transaction floors.
They also asked the department to conduct research on the kind of policies that could improve the operation and services of real-estate transaction floors.
As part of the plan to clean up real-estate activities in the city, the municipal government has also told the city's Department of Planning and Investment to provide information about the operations of real-estate companies.
The city asked the department to draw up a list of businesses that have been issued new business or investment certificates, and that have been closed, suspended or banned from operating.
Businesses whose investment certificates have been withdrawn will also be included on the list.
Under the city's directive, the Department of Natural Resources and Environment will be responsible for informing district People's Committees about the procedures for issuing land-use ownership certificates and house-ownership certificates for real-estate products via real-estate transaction floors.
As of the end of last year, the city had more than 350 legal property transaction floors, accounting for 50 percent of the number of property transaction floors nationwide, according to the Department of Construction.
However, the management of the operation of many real-estate transaction floors has been lax.-VNA
You should also see
Noi Bai, Da Nang named in world’s top 100 airports
Hanoi capital’s Noi Bai International Airport and the Da Nang International Airport in the central city of the same name have been listed among the world’s top 100 airports in 2024 by the UK–based aviation consultancy Skytrax.
See more
Business
Vietnam earns 1.43 billion USD from rice exports in Q1
ietnam in the first quarter of 2024 exported 2.18 million tonnes of rice, earning 1.43 billion USD, an increase of 17.6% in volume and 45.5% in value year on year. Meanwhile, the average export rice price also increased by 23.6% to $653.9 per tonne.
Business
Old loans must endure higher interest rates temporarily: central bank
The average lending interest rate for new loans by commercial banks is reported at around 6.4% per year, a decrease of 0.7 percentage point per year compared to the end of last year. However, borrowers with loans issued before the latest rate adjustment still must pay higher rates, according to the State Bank of Vietnam (SBV).
Business
Vietnam among top domestic infrastructure investors: Ambassador
Vietnam is one of the leading countries in Asia in terms of investment for infrastructure development, allocating 5.7% of its Gross Domestic Product (GDP) to projects in this field, said Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the United Nations (UN).
Business
Vietjet adds more flights to Dien Bien
To meet the rising demands to visit Dien Bien of people and tourists during the celebration of the 70th anniversary of the Dien Bien Phu victory, Vietjet increased the frequencies of flights between Hanoi, Ho Chi Minh City and the northwestern province to 28 per week.
Videos
Agro-forestry-fisheries products nearly double in Q1
Total export revenue from agro-forestry-fisheries products in the first three months of this year is estimated at over 13.5 billion USD, up nearly 22% over the same period last year, according to the Ministry of Agriculture and Rural Development.
