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Ho Chi Minh City People’s Committee Chairman: There will be plans to re-auction Thu Thiem . land

Monday, 14 March 2022 13:45 (GMT+7)

Ho Chi Minh City People’s Committee Chairman Phan Van Mai said the city was still monitoring to assess the situation after the auction of 4 plots of land in Thu Thiem.

On March 14, speaking with a reporter from the Nguoi Lao Dong Newspaper, Ho Chi Minh City People’s Committee Chairman Phan Van Mai said that the Ministry of Justice and the Department of Natural Resources and Environment are still consulting and evaluating the auction of 4 lots .landed in Thu Thiem recently. to learn from what can and can’t be done and experience for future auction work.

Ho Chi Minh City People's Committee Chairman: There will be plans to re-auction Thu Thiem land - 1

Ho Chi Minh City is still monitoring the situation to evaluate bids for 4 plots of land in Thu Thiem.

According to Mr. Phan Van Mai, apart from the two businesses that have “placed deposits”, it is still unclear whether the other two winning businesses paid or gave up. “The other two businesses are clear, the next two businesses are unclear because they are still within the specified 90-day period. The City Government continues to monitor the situation for evaluation. Of course there must be a plan.” – Chairman of the Council said the City People’s Committee.

Previously, Ho Chi Minh City Tax Department Director Le Duy Minh said that the City Tax Department is implementing solutions to deal with it, in the future will continue to work with agencies, departments and sectors to urge businesses to carry out their obligations.

In the near future, within 90 days, the City Tax Service will have a warning letter. If it is not done within 90 days, the tax authorities will take coercive action. “Coercive measures are implemented step by step, at every level. The highest act is to ask not to carry out the project, to ask to withdraw the project” – Mr. Le Duy Minh emphasized.

Regarding this case, the Ministry of Justice has just reported to the Prime Minister the results of the study, study, changes, additions and improvements to the legal policy on land use rights auctions after the auction stakes. in the new urban area of ​​Thu Thiem.

In the review process, the Ministry of Justice said that the problems arising from the auction of land use rights in Thu Thiem were directly related to the initial price, conditions and financial capabilities of the bidders as regulated by the land law.

On 10 December 2021, all 4 plots of land were successfully auctioned for a total value of 37,346 billion VND, 7 times higher than the initial price. In particular, lots 3-5, with an area of ​​6,446.1 m2, were successfully auctioned for 3,820 billion VND, 6.6 times higher than the initial price; plots of land 3-8, 8,500 m2 wide, through 67 bids, won with 4,000 billion VND, almost 4 times higher than the initial price; lots 3-9 with an area of ​​5,009.1 m2 have a winning price of VND 5,026 billion, 6.9 times higher than the initial price; Lot 3-12 with a width of 10,059 m2 has a winning price of VND 24,500 billion. However, later the two businesses that won land lots 3-12 and 3-9 asked to leave a deposit, but the other two businesses still had not paid as per date 6-2 of the Ho Chi Minh City tax authority.

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