The Provincial People’s Committee of Dong Nai has issued a resolution on socio-economic development, defense, and security for the year 2025, with a focus on improving the efficiency of land-use rights auctions. The resolution, signed by Ton Ngoc Hanh, Permanent Vice Secretary of the Provincial Party Committee and Chairman of the Provincial People’s Committee, instructs the People’s Committee to expedite the process of land auctioning.
The prime “Hãng Dầu cũ” land lot on Hà Huy Giáp street, Trấn Biên ward, proposed for land auction in 2025
For land lots that have not been auctioned yet, the focus should be on expediting site clearance, developing auction plans, and setting reasonable reserve prices. For land lots that have been auctioned but were unsuccessful, a review of the auction plans and reserve prices is necessary to determine more suitable prices.
Additionally, diversifying the methods of announcing and publicizing auction information through various media channels, online portals, and real estate exchanges is crucial to attract investors’ attention.
The target set by the Provincial Party Committee for 2025 is to strive for VND 20,000 billion in revenue from land auctions. To achieve this, the People’s Committee has emphasized the need for heightened responsibility and close coordination between departments, regular progress monitoring, and adherence to the “6 Clear” working principle (“clear on people, tasks, time, results, responsibility, and authority”). They have also implemented a “green channel” for handling coordination procedures related to land auctions within 24 hours, especially for land lots that are of particular interest to the Provincial Party Committee and the People’s Committee.
According to the leaders of Dong Nai province, as the real estate market is still in the recovery phase, the focus of land auctions should be on quality rather than quantity. Successful auctions of strategic and highly feasible land lots will not only bring immediate revenue but also contribute to medium and long-term budget increases through taxes and fees from investment and business activities.
Moreover, with suitable and visionary investors, these land lots can be developed into modern urban, industrial, and service areas, creating new momentum for the province’s development.
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