The Ho Chi Minh City People’s Committee has issued a directive requiring the Department of Construction to collaborate with relevant agencies to intensify inspections, supervision, and strict penalties for violations involving real estate developers, trading floors, and brokerage firms within the city.
Specifically, the city is focusing on scrutinizing the legal compliance, market entry conditions, and transparency of real estate projects showing abnormal price increases. This is to prevent profiteering and market disruption.
Additionally, the Department of Construction is mandated to ensure transparent disclosure of housing and real estate market information, including eligible projects for sale, construction progress, legal status, and particularly social housing projects.
Ho Chi Minh City is prioritizing legal inspections, market entry conditions, and transparency of real estate projects.
To increase housing supply and reduce prices, local authorities in wards and communes are instructed to immediately streamline administrative procedures, allocate sufficient personnel, and prevent backlogs in land, planning, construction, and investment dossiers. The Department of Construction is also working with the Department of Finance to resolve bottlenecks in stalled projects, promote social housing, and collaborate with the Ministry of Construction to develop a market database.
According to the Ho Chi Minh City People’s Committee, the two-tier administrative system has stabilized, enabling the synchronized implementation of solutions. Heads of agencies are held accountable for delays in procedures or prolonged legal issues in projects.
The Department of Construction reported conducting 13,930 inspections in collaboration with ward and commune authorities and relevant units. These inspections identified 130 violations, including 45 cases of unauthorized construction, 46 cases without permits, and 39 other violations.
For these cases, the Department of Construction issued 52 administrative penalty decisions, collecting VND 5.77 billion. Additionally, the department advised the Ho Chi Minh City People’s Committee to issue 5 penalty decisions totaling nearly VND 2.9 billion. Local authorities were requested to handle 87 cases.
Previously, Ho Chi Minh City delegated authority to the Department of Construction, relevant units, and ward-level authorities to address unauthorized and non-compliant construction issues.
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