Reduce at least 30% of the time spent on administrative procedures
The announcement clearly stated that, in order to promote the real estate market to develop healthily, substantially, equally, civilly, progressively, in accordance with the economic conditions and income of the majority of people, the Government Standing Committee requested Ministers, Heads of ministerial-level agencies, Government agencies and Chairmen of People's Committees of provinces and centrally run cities to urgently implement decentralization and delegation of power thoroughly according to Conclusion No. 115-KL/TW dated January 16, 2025 of the Politburo in the direction that central agencies focus on macro-management, building institutions, planning, strategies, and specific tasks assigned to localities in the spirit of local decisions, local actions, and local responsibility for combining decentralization of 2-level government in the coming time.
Review and immediately clarify the causes of the increase in real estate price structure (land price, raw material price, loan interest rate, etc.); urgently develop plans to reduce factors that increase real estate prices, increase access to real estate and increase supply.
Focus on minimizing overlapping and unnecessary administrative procedures, immediately eliminating complicated paperwork and records, ensuring at least a 30% reduction in time to handle administrative procedures, and a 30% reduction in administrative procedure compliance costs in accordance with the Government 's requirements in Resolution No. 66/NQ-CP dated March 26, 2025 for the implementation of real estate projects; including studying the reduction of procedures for investment policy approval, project appraisal, design, especially construction licensing procedures, inspection of acceptance work, reducing pre-inspection, and strengthening post-inspection.
Research and develop support policies for home buyers with real needs.
The Government Standing Committee requests Ministers, Heads of ministerial-level agencies, Government agencies and Chairmen of People's Committees of provinces and centrally run cities to review, amend and immediately abolish inappropriate and conflicting regulations and standards that generate costs such as regulations on planning, parking, fire prevention, etc.; research and develop support policies for home buyers with real needs, young people, and increase people's access to housing and real estate so that people can exercise their right to housing as prescribed by the Constitution.
Strictly handle organizations and individuals who take advantage of auctions to raise land prices, causing impacts and congestion on real estate development.
Research regulations on site clearance in accordance with practice, consider the effectiveness between enterprises or the state to propose suitable solutions, ensuring progress and effectiveness in project implementation.
The Government assigned the Ministry of Construction to preside over and closely coordinate with the Ministry of Agriculture and Environment to urgently study and review the laws on Housing and Real Estate Business to identify shortcomings and inadequacies that are not suitable to reality in order to meet expectations for real estate market development; develop a Government Report to the National Assembly during the National Assembly's recess between the 9th Sessions for consideration and permission to develop a National Assembly Resolution adjusting the provisions of the Laws on Land, Real Estate Business and Housing to suit reality and the needs of real estate market development.
Notice requesting strict handling of organizations and individuals who take advantage of auctions to raise land prices, affecting and hindering real estate development.
Review all decrees and circulars on housing and real estate business to propose competent authorities to consider and amend in a simplified order, in which resolutely cut down on cumbersome administrative procedures that increase costs, eliminate regulations that are not suitable for development practices, and report to the Government in June 2025. Direct, inspect, and supervise localities to accelerate planning work, create land funds to develop housing projects, especially social housing projects in urban areas and industrial parks; urgently plan and synchronously develop new development spaces due to investment in new highways and traffic infrastructure works.
Urgently research and build a model of "Real estate transaction center and land use rights managed by the state", in which real estate transactions and procedures from real estate transactions, notarization, tax and land transaction registration in the electronic environment are similar to the securities transaction model to ensure publicity and transparency of assets and transaction prices for management purposes, and to avoid tax losses, and report to the Prime Minister in June 2025.
Banks create conditions for people and businesses to access credit capital.
The State Bank of Vietnam directed commercial banks to focus on lending and disbursing loans for commercial housing projects with suitable prices, promoting credit growth, contributing to achieving the growth target of 8% by 2025; cutting procedures and conditions to facilitate people and businesses to access credit capital, while strictly controlling corruption and negativity; researching credit loan packages for young people who want to buy houses.
Focus on directing and urging banks to participate in the preferential credit loan program of 120,000 billion VND, and at the same time research and have a medium-term credit package with stable interest rates for commercial housing projects at suitable prices.
Direct commercial banks to thoroughly review and inspect credit institutions that lend with real estate as collateral; to make objective and reasonable valuations, comply with regulations and focus on credit risk management; to strictly handle acts of complicity in price manipulation, creating new “virtual” price levels, destabilizing and “distorting” the market.
Real estate projects facing difficulties and backlogs will continue to be reviewed and reported to Steering Committee 751 (the unit in charge of removing difficulties according to Decision No. 751/QD-TTg dated April 11, 2025 of the Prime Minister) to propose appropriate solutions, free up resources, and soon put the project into implementation.
According to VOV
Source: https://baothanhhoa.vn/ra-soat-lam-ro-ngay-cac-nguyen-nhan-lam-tang-co-cau-gia-bat-dong-san-251601.htm
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