Tag: banking security

Elevating the development of housing segments tailored to the average income of citizens is a key directive from the Prime Minister aimed at curbing rising property prices. The critical question remains: what price point is considered truly affordable?

In relation to the land plot at 135 Nguyen Hue and 39 Le Loi, Saigon Ward (former District 1) – the former site of Thuong Xa Tax – the Chairman of the Ho Chi Minh City People’s Committee has directed the Department of Agriculture and Environment to take the lead, in collaboration with the Department of Construction and the Department of Finance, in reviewing, evaluating, and proposing solutions for handling the matter to ensure efficiency and compliance with legal regulations.

The lack of a unified timeline for calculating land use fees is currently hindering the progress of numerous BT projects in Ho Chi Minh City. HoREA proposes the addition of a mechanism to determine land use and rental fees at the time of contract signing, aiming to resolve this bottleneck and facilitate smoother project implementation for investors.