Deputy Prime Minister Le Van Thanh yesterday signed Decision No.1435/QD-TTg to establish the Prime Minister’s task force for monitoring, urging, guiding localities and businesses in solving problems when implementing real estate projects.
Minister of Construction Nguyen Thanh Nghi has just submitted to the Government an investment project to build one million social houses for low-income people and workers in industrial parks and export processing zones in the 2021-2030 period. For the feasibility of this plan, many solutions are needed.
Deputy Head Nguyen Manh Khoi of the Housing and Real Estate Market Management Agency (Ministry of Construction) yesterday had a talk with the press regarding the proposal on the duration of apartment ownership in the second draft of the amended Law on Housing.
The Ministry of Construction yesterday said that the agency is expected to check the cost management, construction contracts in seven provinces of Quang Ninh, Thanh Hoa, Khanh Hoa, Tien Giang, Can Tho, Dong Nai and Lam Dong in the second and third quarter this year.
Some banks have announced to stop providing real estate loans, and the corporate bond channel to attract capital for real estate has also been tightened. Faced with this situation, experts raised many financial and capital solutions to reduce risks and develop a sustainable and stable real estate market at the seminar on "Controlling capital into real estate - Policy and impact" held by the Ministry of Construction, on May 11, in Hanoi.
According to the program to develop non-fired building materials in Vietnam to 2030, recently approved by the Prime Minister, the production and use of non-fired building materials will reach the rate of 35-40 percent by 2025 and 40-45 percent by 2030. It is not an easy target to achieve because, currently, non-fired building materials still face many difficulties in both production and consumption.
Right from the beginning of this year, the Ministry of Industry and Trade (MoIT) reported to the Prime Minister on the forecast of supply and demand, as well as price fluctuations of steel products in the global market and Vietnam in 2021 and the coming years.
The Ministry of Construction, on March 30, said that it had sent Official Dispatch No.989/BXD-QLN to the People's Committees of municipalities on strengthening the management of the real estate market.
The Ministry of Transportation on June 6 announced that the approved cost per unit for the North-South expressway is at VND115.8 billion per kilometer, much lower than that in the Decision No.44/2020 of the Ministry of Construction.
The Ministry of Construction has recently requested the Departments of Construction in cities and provinces to urge enterprises in the real estate sector to report suspicious transactions and cash transactions worth VND300 million (US$13,000) and above.