The Prime Minister continues to issue telegrams to promote the real estate market

​(News Portal – Dong Nai) - Prime Minister Pham Minh Chinh recently signed and issued Official Dispatch No. 1376/CD-TTg on continuing to implement drastic, timely and effective solutions to promote the real estate market in a safe, legal and sustainable manner. 

A real estate project in Nhon Trach district that has been left unfinished for years

In the dispatch, the Prime Minister requested Ministers of ministries, heads of ministerial-level agencies, relevant agencies, provincial chairpersons and businesses to be more determined, more responsible, and proactive in implementing drastically and effectively the tasks and solutions that have been pointed out.

For chairpersons of People's Committees of provinces and cities, the Prime Minister demanded 5 matters. First, to further speed up the progress of investment procedures; land allocation, land lease; and land price. Second, to review, analyze and compile a list of ongoing real estate projects, classify and identify legal problems, obstacles, causes and notify relevant authorities to resolve. Third, to direct every Department of Natural Resources and Environment, the Department of Finance and relevant agencies in provinces and cities to organize land valuation according to their authority. Fourth, to accelerate the preparation and approval of plans, especially construction plans and urban plans as a basis for implementing future projects. Fifth, to effectively deploy the project to build at least 1 million houses for low-income residents and a credit program of 120 trillion VND. ​