3 districts in Hanoi collected more than 650 billion from land auctions

Land auction wins big, 3 districts in Hanoi earn over 650 billion VND

Since the beginning of 2024, Phu Xuyen, Phuc Tho, and Me Linh districts (Hanoi) have successfully organized land auctions, earning more than 653 billion VND.

Many districts in Hanoi organize land auctions. Photo: Tung Giang

According to information from the People's Committee of Phu Xuyen district, the unit has just publicly auctioned 21 out of 31 land lots with an area of ​​2,664.71 square meters in Bai Do village (Tri Thuy commune), Ngo village (Chieu My commune), Tu San village (Phu Tuc commune)...

Accordingly, the 21 successfully auctioned land lots had a total starting price of over 33 billion VND. Through the auction, the People's Committee of Me Linh district collected about 47 billion VND, the total difference between the starting price and the actual auction price was over 13.5 billion VND.

The starting price for these 21 plots of land is nearly 10-15.1 million VND/m2. These plots of land have completed investment in technical infrastructure construction and connection with existing infrastructure in adjacent residential areas in the centers of localities.

According to information from the People's Committee of Phuc Tho district (Hanoi), from the beginning of 2024 to now, the district has also collected nearly 380 billion VND from auctioning land use rights.

Mr. Nguyen Anh Tuan - Director of the Land Fund Development Center of Phuc Tho District (Hanoi) - said that the land use rights auction held at the end of April 2024 is one of a total of 9 auctions successfully organized by the unit since the beginning of 2024. See more...

Banking industry profits will remain strong

In early 2024, the State Bank set a credit growth target of 15-16% to promote economic recovery, but this is challenging for the banking industry when credit growth reached a minimum of 0.26% in the first quarter.

Credit growth has yet to accelerate. Photo: Hai Nguyen

During the recent shareholder meeting season, many banks set a profit growth target of around 10% this year and were confident with their 2024 plans in the context of low interest rates and gradually improving credit.

It can be seen that the profit targets set by banks for this year are not too sudden compared to the level achieved last year, but there is also a lot of pressure when credit growth is still slow, most likely only reaching 10-11% this year and net interest margin (NIM) has not increased much because banks have to reduce lending rates to stimulate credit demand.

Meanwhile, non-interest income, especially from insurance business through banks, has not improved. Although Circular 02 has been extended, bad debt will increase when it expires, so the provision will be larger.

According to financial experts, the recovery will be clearer by the end of the year thanks to looser global monetary policy; lower interest rates, stronger import-export growth and improved consumer demand, contributing to a more positive growth outlook than in 2023. See more...

Tax authorities receive more than 4,400 requests to provide records to the police

In 2023 alone, the tax authority transferred 88 files to the police agency to request investigation and prosecution, and also received 4,416 requests for documents from the police agency to serve the management and suppression of economic crimes.

Deputy Director General of the General Department of Taxation Mai Son (left) affirmed that the coordination between the Tax sector and functional units under the Ministry of Public Security is very effective. Photo: General Department of Taxation.

According to information from the General Department of Taxation, speaking at a recent workshop related to the management of electronic invoices (E-invoices), preventing economic crimes, corruption, and smuggling, Deputy Director General of the General Department of Taxation Mai Son updated new statistics on the management activities of this field of the tax authority, and coordination with the police agency.

According to Mr. Mai Son, the implementation of electronic invoices nationwide has contributed to changing the management method and the way the tax authorities in particular and state management agencies in general serve the people in the direction of automation and timely prevention of invoices of absconding and missing businesses; preventing tax fraud and tax evasion. Thereby creating a healthy and equal business environment.

Statistics show that up to now, the tax authorities have received and processed nearly 7.2 billion invoices. The e-Invoice system has been operating stably, smoothly 24/7 and bringing practical benefits to people and businesses. See more...

Witness the process of sowing and planting the rice variety that produces the world's best rice

Every year, Dai Thanh Agricultural Cooperative Group, Dai Tam Commune, My Xuyen District produces over 100 hectares of certified ST24 and ST25 rice varieties (rice that produces the world's best rice). Here, rice is grown twice a year with a strict cultivation process from land preparation, planting, care to harvesting. Video: Phuong Anh

Source: https://laodong.vn/thi-truong/kinh-te-24h-3-huyen-o-ha-noi-thu-toi-hon-650-ti-tu-dau-gia-dat-1345122.ldo