Winning the gold land auction of 1,379 billion VND, the business suddenly asked to abandon the deposit.
On June 23, leaders of the Hanoi Department of Agriculture and Environment said that Duyen Ha Co., Ltd., No. 4 Alley 41, Tuong Mai Street, Tuong Mai Ward, Hanoi City, has submitted a request to withdraw and reject the right to use the land area of more than 3,300m2 (winning an auction of 1,379 billion VND) at No. 18 Cao Ba Quat (Ba Dinh Ward) - a place planned to build a 5-star hotel.
After the enterprise's request, the Hanoi Department of Agriculture and Environment is submitting to competent authorities to issue a decision to cancel the results of winning the land use right auction that has been recognized before. According to regulations, Duyen Ha Co., Ltd. will not be refunded the deposit of more than 135 billion VND when participating in the auction. Regarding the land use fee that the enterprise has paid, functional agencies will transfer the dossier to the tax authority for consideration and handling according to regulations. See more...
Bac Ninh establishes Housing Fund with expected charter capital of 1,000 billion VND
On June 23, information from the Bac Ninh Provincial Electronic Information Portal said that, implementing the Prime Minister's direction on developing rental housing, Bac Ninh province is synchronously implementing many solutions to increase the supply of social housing, rental housing and worker accommodation, meeting the increasing demand of the labor force working in industrial parks in the area.
Along with that, the province has established a Housing Fund with an expected charter capital of 1,000 billion VND and is implementing a plan to create a social housing fund for rent from the fund's capital. This is an important step to proactively create a stable and long-term housing supply for rent, meeting the needs of workers, laborers, experts and people with housing needs.
Da Nang strongly decentralizes land procedures to commune levels
The City People's Committee has just issued a Decision, stipulating the decentralization of a number of tasks in the field of land to commune-level authorities. This Decision takes effect from June 22, 2026 and is implemented until the end of February 28, 2027.
According to new regulations, the Chairman of the Commune-level People's Committee is assigned to perform many important tasks that previously belonged to the authority of the City People's Committee. The decentralization aims to increase the proactiveness of grassroots authorities, shorten the time to resolve administrative procedures and improve the efficiency of state management of land.
In the field of land recovery, the Chairman of the Commune-level People's Committee is issued a notice of land recovery; decisions to establish the Compensation, Support, and Resettlement Council; approval of compensation, support, and resettlement plans; decisions to compulsory inventory and organize forced inventory when necessary.
Compensation and support for the residential area project along the bypass of An Thanh bridge, Hai Phong
On June 23, according to Phu Thai commune (Hai Phong City), the locality has just organized a conference to publicly announce the compensation and support plan for site clearance for agricultural land, trees, crops and assets on land to implement the Investment Project to build the Eastern Residential Area, phase 2, along the An Thanh bridge bypass.
Accordingly, 100 households with land and assets within the scope of recovery have been disseminated compensation and support plans; mechanisms and policies applied to each type of land, trees, and crops according to current regulations. See more...
