ANTD.VN - On March 11, Deputy Prime Minister Tran Hong Ha chaired an in-person and online meeting of the Prime Minister's Working Group on reviewing, urging, and guiding the removal of difficulties and obstacles in the implementation of real estate projects for localities and enterprises (Working Group) after the Land Law (amended), the Law on Real Estate Business (amended), the Law on Credit Institutions (amended), and the Housing Law (amended) were promulgated.
Many projects have been dismantled.
According to Deputy Minister of Construction Nguyen Van Sinh, recently, the real estate market in general and the removal of difficulties in implementing real estate projects have had many positive changes.
Typically, Hanoi currently has 404 projects; after reviewing and classifying difficulties and obstacles, they have been resolved: 81 projects have been removed from the list of slow-to-implement projects; 10 projects have had their land reclaimed and operations terminated; 67 projects continue to urge investors to speed up implementation progress.
Hanoi is continuing to remove difficulties and obstacles for 246 projects according to the guidance of the Ministry of Construction and other ministries and branches.
Similarly, Ho Chi Minh City has implemented the resolution of 33/72 projects requested by the Working Group; 44/148 projects proposed by the City Real Estate Association; and is continuing to resolve difficulties and obstacles for 143 projects...
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Deputy Prime Minister Tran Hong Ha chaired the Conference |
However, many institutional difficulties and problems have been resolved by new laws but have not yet come into effect, leading to current difficulties and problems not being resolved immediately.
Some localities have not yet established working groups and have not resolved difficulties; there are still many obstacles in organizing and implementing law enforcement; have not focused on establishing and approving planning, land use plans, construction plans, programs, and 5-year and annual housing development plans to serve as a basis for approving investment policies for housing development projects; have not promoted the implementation of land use rights auctions, bidding for projects using land...; administrative procedure reform is slow...
Need to overcome the supply-demand paradox, solve the situation of "price inflation"
At the Conference, Deputy Prime Minister Tran Hong Ha affirmed that the State will do its utmost, with high determination and great efforts to carry out what is within its responsibility and authority.
At the same time, investors and real estate businesses must also recognize their responsibility in overcoming the "paradox" of excess high-end segments, lack of products for middle- and low-income people, and resolving the situation of "price inflation" and "price pushing" so that supply and demand meet...
The Deputy Prime Minister requested the Ministry of Construction to summarize the main problems that can be solved in the recently passed amended and supplemented laws on land, housing, real estate business, etc., and then study the plan to advise and submit to the Government and the National Assembly to issue documents within their authority to allow application before the law takes effect.
At the same time, the Deputy Prime Minister requested the Working Group to compile statistics on the number of real estate projects that have been allocated land but are facing legal procedures; develop criteria for capable real estate investors;
In summary, codify the pilot project allowing localities to locally adjust planning for real estate projects without reducing general criteria; expand the subjects accessing social housing; provide full guidance for localities to implement in accordance with existing mechanisms and policies on land recovery, site clearance, resettlement, land price determination, etc.
"The resolution of petitions from businesses and localities must have a specific address and deadline. Which ministry or sector is responsible and when will it be completed?", the Deputy Prime Minister requested.
The Deputy Prime Minister also assigned localities to specifically calculate people's needs, fully allocate land funds for housing projects, renovate old apartments, in the process of establishing and implementing urban and rural planning; report on the activities of local working groups on removing difficulties and obstacles in implementing real estate projects.
Regarding capital sources for social housing projects, the Deputy Prime Minister requested the State Bank and the Ministry of Finance to study long-term fiscal policies to support interest rates for preferential credit loans; establish a social housing investment fund including the State budget, contributions from enterprises from the 20% cost of building social housing in commercial housing projects and other legal sources to support enterprises building social housing and people buying social housing, ensuring harmony between the implementation of social policies and market mechanisms.
The 120,000 billion credit package is still difficult to disburse.
Reporting on some problems in the 120,000 billion VND social housing loan package, Deputy Governor of the State Bank Dao Minh Tu said that the key issue here is to create conditions for "demand to reach supply" and boost supply, on that basis reduce product prices, especially for projects and corporations that push up prices, monopolize and speculate in real estate.
Representatives of banks also said that the difficulty in disbursing the 120,000 billion VND credit package for social housing is the investor's ability to meet the requirements of financial capacity, collateral, project liquidity, and the limit on profit margins of social housing projects...
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