Real estate enforcement

Real estate project in District 1, Ho Chi Minh City - Photo: QUANG DINH

Recently, among the 11 laws passed at the 7th session of the 15th National Assembly, the Law amending and supplementing a number of articles of 4 laws related to real estate, namely the 2024 Land Law, the 2023 Housing Law, the 2023 Real Estate Business Law and the 2024 Law on Credit Institutions, had the highest number of disapproval votes.

While other laws were almost unanimously approved, this bill had 37/469 delegates present who did not approve and 28 delegates who did not vote (a total of nearly 14%).

This data accurately reflects the concerns of some delegates when giving opinions on these bills. Delegates expressed concern that the development of guiding documents (decrees, circulars, decisions) by the Government, ministries and localities will not be timely and ensure that the laws will be put into effect from August 1.

However, one thing that made the majority of the remaining delegates trust and agree to pass the bill was the commitment, promise and political determination of the Government, Prime Minister, ministries, and localities, hoping that the National Assembly would press the button so that the law would soon take effect, removing obstacles and bottlenecks.

The belief that the law promises to help open up the real estate market and open up land resources is placed on every button pressed by delegates.

There is only one month left for central and local agencies to focus on speeding up the development of guiding documents. The first step in fulfilling the promise to develop sufficient sub-law documents is very important, because it shows the effectiveness of the Government and relevant agencies in implementing the commitment of the draft law.

Not allowing circulars to "wait" for decrees, local documents to "wait" for central documents is only the first step. The implementation step determines the effectiveness and efficiency of bringing the law into life. The most important thing is still the public service awareness of the implementation team.

Previously, management agencies said that there were problems and bottlenecks due to overlapping and unclear regulations. With the new law about to be applied, many businesses are wondering whether the project will run smoothly? Will the problems be completely resolved?

The issue of land use fee calculation is the most awaited issue by businesses. Deputy Prime Minister Tran Hong Ha affirmed that the new Land Law has solved the problem of shirking responsibility and fear of land valuation.

When the law comes into effect, localities will have confidence, and with a clear and transparent process, land valuation will be able to calculate land use fees for projects.

When effectively implemented, there will be no more reason for agencies to push back or make excuses for difficulties in resolving projects. The number of projects with financial obligations cleared and approved will be a testament to the effectiveness of public service when the new law comes into effect.

Similarly, in other groups of project problems, when the law comes into effect, it is necessary for ministries, localities, and central and local real estate project problem-solving teams to "apply" the law to remove difficulties.

From the people's perspective, many families are also waiting to be granted red books when the conditions in the new law are more flexible, putting people's interests higher. There is a law with clear regulations, if we still complain about difficulties and obstacles, it will be difficult to talk to businesses and people.

Regulations on handling civil servants who shirk responsibility, avoid responsibility, and fear responsibility are also needed to ensure the seriousness of public service.

The Government has been assigned by the National Assembly to be responsible for organizing the implementation of the Land Law, Housing Law, Real Estate Business Law, and Credit Institutions Law to ensure effectiveness and efficiency.

The specific results of removing each obstacle, each project, each problem that has caused stagnation and congestion in the real estate market are clear evidence of the Government's fulfillment of its promises and responsibilities.

Source: https://tuoitre.vn/thuc-thi-go-vuong-bat-dong-san-20240703083643092.htm