Many plots of land are still abandoned after the land auction fever in Hanoi
After huge auctions, many land plots in the suburbs of Hanoi are now abandoned, causing great waste of land resources.
In August 2024, in suburban districts such as Hoai Duc and Thanh Oai (before the arrangement of administrative units), land auctions were simultaneously held. The winning bid was recorded at an unusually high level when it exceeded 100 million VND/m2.
However, after nearly a year, according to the reporter's records, many plots of land that have been auctioned have fallen into a state of abandonment and overgrown with grass.
Mr. Nguyen Dinh Loc - a resident of Son Dong commune - said that this area had won an auction at 80 - 90 million VND/m2, even some plots suddenly increased to more than 100 million VND/m2. Meanwhile, the land price in the village is only about 50 - 60 million VND/m2.
"After the land auction fever, many real estate offices have sprung up. However, up to now, around the auctioned land, many offices have been closed and are no longer operating. There are units that rented my premises as offices, but after only a few months, they returned the premises, said Mr. Loc. See more...
Da Nang starts construction of a series of trillion-dong technology infrastructure projects
Da Nang City has started major projects such as IDC International Data Center, Viettel High-Tech Building, and Coastal optical cable station.
On July 9, the Steering Committee of the Da Nang City Party Committee held a meeting to implement Resolution No. 57-NQ/TW, dated December 22, 2024 of the Politburo on breakthroughs in the development of science and technology, innovation and digital transformation and Decision No. 204 dated November 29, 2024 of the Central Party Secretariat on Approving the Project "Digital transformation in Party agencies".
According to the report of the Da Nang City Party Committee, in the first 6 months of 2025, Da Nang City was assigned 75 tasks within the framework of Resolution 57-NQ/TW and Decision No. 204.
Of which, Da Nang City has completed 32 tasks, reaching a rate of 42.7%, in the group of 5 most effective localities in the country. In particular, Da Nang only has 2 overdue tasks, the lowest rate in the country. See more...
Areas permitted by Hanoi to build works on agricultural land
On July 9, with 100% of delegates present in agreement, the 16th Hanoi People's Council passed a Resolution regulating the form of use and exploitation of agricultural land in riverbanks and floating flats on rivers with dykes in the city.
The Resolution is based on Point a, Clause 3, Article 32 of the Capital Law, aiming to develop agriculture, ecological agriculture and combine tourism, education and experience, at the same time, ensure dyke safety, prevent and combat natural disasters and protect the environment.
Accordingly, for agricultural production on riverbanks and floating areas on riverbanks with dykes, people are allowed to use part of the area to build works serving agricultural production.
The condition for using a part of the land area to build and install works directly serving agricultural production is that the land must have an area of 1,000m2 or more.
The construction and installation location of the project is outside the dike protection area, not in the landslide area or at risk of landslides, not often affected by flooding and inundation. People pledged not to level or dismantle the construction themselves and not to be compensated when the state agency reclaims or implements the projects. See more...
Hanoi proposes to pilot the removal of notarization and certification for real estate transactions
The Office of the Hanoi People's Committee has just issued Notice No. 410/TB-VP, announcing the conclusion and direction of Vice Chairman of the City People's Committee Nguyen Trong Dong at the meeting to review reports and proposals of the Department of Agriculture and Environment related to the pilot failure to notarize and certify real estate transactions as contracts donated between individuals in projects in the area.
According to the announcement, after listening to the report and opinions discussed at the meeting, Vice Chairman of the City People's Committee Nguyen Trong Dong concluded and directed: In the spirit of administrative reform, reducing costs and shortening the time to handle procedures for people, assigning the Department of Agriculture and Environment to preside over and coordinate with the Department of Justice and the City Public Administration Service Center to continue researching and expanding the scope and subjects of the pilot implementation.
The goal is to simplify the document components, shorten the time for handling administrative procedures related to notarization and certification of land use rights transfer contracts and assets attached to land in real estate transactions. See more...
