11,034 surplus public assets, breakthrough from 500 high-value facilities

Lê Thanh Phong |

By the end of 2024, 11,034 houses and land that are public assets have not been properly exploited. Among these are many headquarters of agencies, schools, health stations, etc.

The above information was shared by Mr. Nguyen Tan Thinh - Director of the Department of Industrial Property Management (Ministry of Finance) with the press at the headquarters of the Ministry of Finance on March 14.

Lao Dong Newspaper has published many articles reflecting the situation of abandoned public houses and land in many localities, causing great waste.

In Ho Chi Minh City alone, at the People's Council meeting on December 10, 2024, the Department of Finance informed that more than 1,000 public houses and land in Ho Chi Minh City are vacant, including assets belonging to the Central agency.

The number of 11,034 surplus houses and land that have not been properly exploited as of 2024. In the near future, merging some provinces and removing district level, reducing to 2,000 communes, the surplus public assets will certainly increase many times.

Therefore, right now, we must consider effectively exploiting public assets, and cannot let the abandonment situation that has occurred for many years happen.

Public houses and land are abandoned for many reasons, including policy mechanisms and planning problems.

According to the analysis of Director Nguyen Tan Thinh: "Some headquarters want to be sold but have to adjust the planning in advance to be able to carry out the transfer, otherwise no investor will be interested. If the planning is not approved, the property cannot be sold, cannot be used, and so continues to be left vacant, causing waste".

This is the problem that localities are facing, the problem is to remove it to free up this huge resource.

Unable to let public assets continue to be abandoned, the Ministry of Finance has sent a document to ministries, branches and localities to propose developing a specific handling plan. The goal is to focus on handling the 500 largest and most valuable houses and land with backlogs in the first phase. Localities must make a list and provide a specific roadmap to thoroughly resolve the issue.

This is a breakthrough solution, from the first 500 facilities to be processed and learn from experience to exploit the surplus public assets most effectively.

The Ministry of Finance has proposed a number of options: "Agencies must clearly identify which stage each asset is stuck in: planning, policy mechanisms or implementation organization. If the planning is not suitable, it is necessary to propose adjustments in a more flexible direction. For assets that are no longer in need of use, it is necessary to consider the form of auction, lease, or conversion of land use purposes".

Faced with difficulties and challenges, it is necessary for capable cadres. In the coming time, any locality that leaves many public assets behind will not put them into exploitation, causing waste, proving leadership capacitylessness.

Lê Thanh Phong
RELATED NEWS

11,034 houses and land facilities that are public assets have not been properly exploited

|

11,034 houses and land facilities are public assets that have not been properly exploited. The Ministry of Finance requires reviewing, evaluating and having specific handling plans.

Handling public assets when agencies merge or terminate operations

|

The Government has amended regulations on handling public assets in cases of merger, consolidation, separation, dissolution, and termination of operations.

Hai Phong increases rental prices for a series of public property apartments

|

From 2025, Hai Phong City will adjust the rental price of public property apartments in the area, instead of collecting the same price of about 10,000 VND/m2 as before.

Trade unions contribute to strengthening national unity

|

Throughout the process of building and maturing, the Vietnam Trade Union always promotes its core role in the Tripartite Alliance and the great national unity bloc. On the occasion of the 95th anniversary of the founding of the Vietnam National United Front - Traditional Day of the Vietnam Fatherland Front (November 18, 1930 - November 18, 2025), Lao Dong Newspaper interviewed comrade Nguyen Dinh Khang - Member of the Party Central Committee, Member of the Standing Committee of the Party Committee of the Fatherland Front, Central organizations, Vice Chairman of the Central Committee of the Vietnam Fatherland Front, President of the Vietnam General Confederation of Labor.

Securities waiting for new cash flow

|

The stock market is in dire need of a strong increase with improved liquidity and spreading to many industry groups.

Scene of a 40-seat passenger bus buried in rocks and soil at Khanh Le Pass, killing 6 people

|

Khanh Hoa - As of 7:00 a.m. on November 17, the authorities were still handling the scene of a passenger bus crash on Khanh Le Pass, killing 6 people.

Difficulty in achieving a Russia-Ukraine ceasefire this year

|

The Finnish president's statement on Russia-Ukraine peace progress shows that the prospect of a ceasefire is still far away.

Reasons why Southeast Asia is a hot spot for fraud, difficult to erase

|

Criminal organizations have spent decades building a network from gambling activities to a fraud center model.

11,034 houses and land facilities that are public assets have not been properly exploited

Lục Giang |

11,034 houses and land facilities are public assets that have not been properly exploited. The Ministry of Finance requires reviewing, evaluating and having specific handling plans.

Handling public assets when agencies merge or terminate operations

PHẠM ĐÔNG |

The Government has amended regulations on handling public assets in cases of merger, consolidation, separation, dissolution, and termination of operations.

Hai Phong increases rental prices for a series of public property apartments

Hoàng Khôi |

From 2025, Hai Phong City will adjust the rental price of public property apartments in the area, instead of collecting the same price of about 10,000 VND/m2 as before.