Doing red book procedures, not allowing more dossiers to arise in the tax calculation stage
The Ministry of Finance has just sent a document to the People's Committees of provinces and cities on promoting electronic interconnection of administrative procedures on land between tax authorities and land registration agencies. This content is directly related to people and businesses when carrying out land procedures. In practice, many procedures such as issuing certificates, registering changes, and transferring land use rights are often collectively called procedures related to red books by people.
When carrying out procedures for transfer, registration of changes, issuance of certificates or procedures related to land, people often have to fulfill financial obligations such as land use fees, land rent, registration fees or taxes and fees as prescribed. This stage requires coordination between the land registration agency and the tax authority. If the information transfer is not smooth, people may have to wait longer or have requests to supplement documents outside the announced process.
To facilitate taxpayers in fulfilling their obligations to the state budget, the Ministry of Finance proposes that localities thoroughly implement the connection, information exchange, and determination of financial obligations related to land. In which, 100% of dossiers must be transmitted and received electronically. Information transfer slips must be complete so that tax authorities have sufficient grounds to determine financial obligations, and do not require transferring accompanying dossiers. See more...
Purchasing power in the real estate market sharply decreased
Market research data from Knight Frank Vietnam shows that the Ho Chi Minh City apartment market recorded more than 7,150 new units for sale in Q2/2026, raising the total primary supply to more than 14,200 units, an increase of 156% quarter-on-quarter and about 35% compared to the same period last year.
Increased supply has brought the total market absorption to about 7,680 units, equivalent to an absorption rate of 39%. If calculated only in the inner city of Ho Chi Minh City, the number of apartments sold reached 1,781 units, with an absorption rate of only about 31%.
Compared to the previous quarter, purchasing power increased slightly thanks to liquidity from mid-range goods concentrated in the Binh Duong area, but still 24% lower than the same period last year. According to Knight Frank, liquidity in this quarter is slow mainly because new supply is still concentrated in the high-end and luxury segments, exceeding the affordability of most buyers. See more...
Dong Nai City Political - Administrative Center is expected to invest 15,000 billion VND
On July 8, Dong Nai City People's Committee submitted a report to the 3rd Session of the City People's Council, term I, 2026 - 2031 on the investment policy for the Dong Nai City Political - Administrative Center Construction Investment Project.
The project has an area of 102.52ha - area 2 is located in Tran Bien ward, with a total estimated investment of about 15,000 billion VND.
The expected project scale includes: Administrative Center Complex with a maximum height of 10 above-ground floors and 1-2 basements; inter-agency buildings of departments, boards, and branches including 8 above-ground floors and 1 basement; public administrative building including 3 above-ground floors and 1 basement; international conference center of 1,500 seats; history and culture museum; exhibition center; guest house; trade promotion center; low-rise guest house; riverside commercial services; sports field; central square, flagpole, landscape lake; riverside amusement park; green park. See more...
Inter-agency building in Thanh Hoa cracked in many places after more than 1 year of use
According to the reporter of Lao Dong Newspaper, at the consolidated building - the headquarters of the Department of Home Affairs, Department of Foreign Affairs and Department of Industry and Trade of Thanh Hoa province, address No. 30 Nguyen Duy Hieu, Hac Thanh ward, Thanh Hoa province - cracks have appeared in many locations.
With the naked eye, cracks can be observed in the yard area, on both sides of the pillars leading to the working area of the 3 departments. Notably, in the staircase area of most floors, many horizontal cracks appear on the wall surface.
According to observations, this combined building is built on a land area of thousands of square meters, with a height of about 10 floors, including both the basement and the attic floor. See more...
