HCM City targets selling 5,000 state-owned homes
HCM City in the first half of the year sold 1,000 state-owned houses and apartment buildings, far short of its plan to sell 5,000 of the buildings by the end of the year.
HCM City targets selling 5,000 state-owned residential houses and apartment buildings this year (Photo: chinhphu.vn)HCM City (VNA) – HCM City in the first half of the year sold 1,000 state-owned houses and apartment buildings, far short of its plan to sell 5,000 of the buildings by the end of the year.
Land-use fees and housing ownership duration have not been fixed, leading to sluggish sales, according to the Department of Construction.
The city has 10,000 state-owned residential houses and buildings that have not been sold, but instead have been rented out, said Do Phi Hung, deputy director of the department.
Many tenants are not paying rent because of financial difficulties, he added, with outstanding rental debt now standing at 45.2 billion VND (1.99 million USD).
Hung said that the city had petitioned the Ministry of Construction to ask the Prime Minister for guidelines to solve these problems.
Nguyen Van Dung, head of the city’s People Council’s Economic and Budget Board, urged the construction department to adjust the rental price; review tenants’ debts and find ways to collect the rent; and closely monitor rental activities to prevent tenants from subletting their accommodations.
Residents living in old apartment buildings should also be relocated soon to ensure safety, he added.-VNA
You should also see
Energy industry needs nearly 5 trillion VND of investment in 2021-2030
The total investment capital demand for the whole energy sector in the 2021-2030 period is between 4.13-4.8 trillion VND (163.01-189.46 million USD), according to a plan to implement the National Power Planning in the 2021-2030 period with a vision to 2050.
See more
Society
Hanoi exhibition highlights Dien Bien Phu Victory
The Vietnam Military History Museum in Hanoi is hosting a photo exhibition on the Dien Bien Phu battle to mark the 70th anniversary of the Dien Bien Phu Victory.
Society
340 kg bomb safely disposed of in central Vietnam
A 340-kilogramme bomb left over from the war was safely deactivated by sappers of the Military Command in the central province of Nghe An on April 26.
Society
Binh Thuan’s former officials face criminal charges in coastal development project
Criminal proceedings have been launched against 12 former officials of the south central province of Binh Thuan for violating regulations on the management and use of State-owned assets, causing losses and waste in line with the Article 219 of the Criminal Code.
Society
US professor and his journey of ‘waging peace in Vietnam’
Prof. Ron Carver, a peace activist of the US, engaged in protests against the unjust American war in the Vietnam since 1968 and is still pursuing the struggle for peace for Vietnamese people nowadays.
Society
Hanoi among world’s 100 smartest cities
The capital of Hanoi was named the world’s 97th smartest city, moving up three places from its ranking in 2023, according to the 2024 Smart City Index.
