Minister Tran Hong Ha answered questions about the auction of land “in the sky” and then dropped the stake

Minister Tran Hong Ha suggested that there should be stricter regulations and stronger sanctions in land auction activities to prevent “heavenly” auctions and then depositing as in Thu Thiem (HCMC).

This afternoon, March 16, the National Assembly Standing Committee held a question-and-answer session on a group of issues in the field of natural resources and environment. Minister of Natural Resources and Environment (TN-MT) Tran Hong Ha directly answered questions.

Deputy Prime Minister Le Van Thanh, Minister of Finance, Planning and Investment, Health, Justice, Science and Technology, Construction, Public Security; The Government Inspector General participated in answering questions and explaining related issues.

Minister of Natural Resources and Environment Tran Hong Ha answered questions

Questioning the Minister of Natural Resources and Environment, NE Nguyen Dai Thang (Hung Yen): Public opinion mentioned that the land auction in many places took place underground handshake situation, investors paid the price in the sky and then dropped the stake, the results of the auction. unusually high prices many times higher than the starting price – which the land auction in Thu Thiem (HCMC) is typical. This disturbs the market, creates a phenomenon of virtual land fever, establishes a new land price level, and causes disorder and social security. Minister said the solution to overcome in the near future?

Representative Nguyen Thi Xuan (Dak Lak) proposed to come up with solutions to prevent the real estate bubble. “According to the minister, should the act of disturbing the real estate market be criminalized?”.

National Assembly member Nguyen Dai Thang (Hung Yen) questioned about land auction

Responding to this issue, Minister Tran Hong Ha acknowledged the fact as stated by the delegate. He said that the state of land auction not only blew the price but also lowered the price, then the situation of “red army green army”. This is a very frustrating thing; The effect of this is very serious when it disturbs the real estate market and causes the loss of state assets, along with blowing up prices to create a new price level, affecting the entire system. economy.

“If you talk deeply, there are many consequences behind the price blowing, especially for banks, when the auction price is virtual, but maybe their investors withdraw money from the bank is real, which will affect money security. bad,” said Minister Tran Hong Ha.

Minister Tran Hong Ha said that it is necessary to have stricter regulations, methods and procedures for land auction than at present. “There must be stronger sanctions, if businesses after the auction are finished and then put down the deposit, they must be dealt with, so that next time they can’t participate in the auction anymore. That will be enough of a deterrent.” He also suggested strengthening inspection and examination to handle public agencies and businesses that take advantage of auction issues.

Regarding the “red army” in the land auction, Minister Tran Hong Ha said that it is also necessary to study in the process of amending the Land Law. According to the Minister, there are currently 3 types of auctions. “Besides how to choose a competent investor, it is important to strengthen discipline, inspection and examination of offending organizations and individuals”.

Delegate Ta Van Ha (Bac Lieu; Vice Chairman of the National Assembly’s Committee on Culture and Education) debates about auctions in Thu Thiem urban area. Delegate Ha wants Minister Tran Hong Ha to clarify the investigation and supervision process related to this case. “Is there a phenomenon of inflated prices to raise the value of shares, distort the value of assets to borrow from banks? Is the current situation of land fever a virtual fever or a real one, and are there any criminal penalties for violations?”- delegate Ta Van Ha questioned.

Minister Tran Hong Ha said the land auction in Thu Thiem The Government is assigning the responsible agency to investigate. The plan proposed by the Ministry of Natural Resources and Environment is that the auctioneer must pay within 10 days, instead of 90 days as before, so that the winning individual or organization does not have enough time to profit. The deposit and deposit is currently only 5-10%, the Ministry will also consider increasing it, the auction unit must prove its finances through the assessment of the responsible agency…

Minister of Natural Resources and Environment Tran Hong Ha answered questions about a group of issues in the field of natural resources and environment. The content of the question-and-answer session will focus on the following contents: The implementation of the National Assembly’s resolution on interrogation and thematic supervision related to urban planning, management and land use. Responsibility and solutions to prevent the situation of taking advantage of bidding in land auctions with prices far exceeding the market value to push up land prices in neighboring areas for personal gain; the performance of contracts of purchase, sale, transfer, promised purchase and sale of land in the past time and the settlement of complaints and denunciations related to this field.

The control of discharge activities of factories; industrial waste treatment. Problems of collection, transportation and treatment of domestic solid waste; waste related to the prevention and control of the Covid-19 epidemic; wastewater pollution, domestic waste and investment solutions to build treatment plants in the localities.