There is a phenomenon of information disclosure, land auction collusion

At the government’s regular press conference on the afternoon of April 4, Deputy Minister of Natural Resources and Environment (TN-MT) Le Cong Thanh admitted that some localities have not strictly implemented auctions, there is a phenomenon of information disclosure. information, colluding participants and organizers.

This issue is related to the responsibilities of ministries and sectors, and the Ministry of Natural Resources and Environment has sent an official dispatch to provinces and cities to recommend localities to closely manage real estate projects, especially projects formed in the future. . In particular, the MONRE noted the management of eligible projects in accordance with the Law on Land, Investment and Real Estate Business.

Explain the price real estate Recently, Deputy Minister Le Cong Thanh said that after 2 years, the COVID-19 epidemic disrupted domestic and global supply chains, affecting investment and production processes. This is part of the reason investors choose land or gold as an investment haven.

Another reason, the year 2020-2021 is the beginning of the cycle when localities implement the planning. Therefore, investors take this opportunity to buy and collect land, subdivide plots and sell plots in contravention of the law in order to make illegal profits.

“The phenomenon of local increases in land prices in some localities has lost the advantage of attracting local investment capital, disrupting land use planning and plans. At the same time, influence economy macro“, the leader of the Ministry of Natural Resources and Environment acknowledged.

To limit this situation, according to Mr. Thanh, localities need to publicize and publicize information, without interference, to avoid being taken advantage of for speculation and price blowing. In addition, localities need to take management measures after the plan is approved and the master plan is approved.

Localities need to strictly comply with regulations on registration of land use rights and transfer of land use purposes. This will help collect taxes and strictly control the separation of land parcels, strictly handle the behavior of not putting the land to use, using the land slowly…

“Localities also need to proactively regulate land funds to the market through creating a clean land fund and need to amend the law on land auctions, focusing on strict regulations to avoid taking advantage of legal loopholes. law to speculate, increase land prices”Mr. Thanh said.