Vietnamese
On August 29, 2022, the Prime Minister issues the Directive No. 13/CT-TTg on the promulgation of a number of solutions to speed up the real estate market and speed up the safe, healthy, and sustainable development of the real estate market.
In accordance with Directive 13, the real estate market takes an important role in economic stabilization, inflation control, and growth promotion.
In order to overcome the shortcomings and inadequacies and continue to promote the healthy and sustainable development of the real estate market the next time, the Prime Minister requires to implement a number of key tasks as follows:
- Do not tighten unreasonably credit but strengthen the inspection and supervision of state management; proactively detect and strictly handle violations in accordance with the law.
- Prohibit the “dividing land parcels for sale” in the region which has not been invested; strengthen the control of activities on the trading floor, organizations, and individuals in the brokerage; correct the behavior of hand-to-hand trading, "inflated price" which cause the market disturbances.
- Assess specifically and accurately the situation and supply-demand to develop the real estate market together with promoting the state management role, intervening and controlling when necessary, and not allowing the situation to manipulate the market...
- Building an information system on the real estate market attached with information on real estate; completing the legal basis and strengthening non-cash payments in real estate transactions.
- Regularly monitor the situation and developments of the real estate market; report quarterly to the Prime Minister on the real estate situation over the country...
- Controlling capital mobilization of real estate enterprises on the stock market: The Ministry of Finance shall coordinate with the State Bank of Vietnam on the inspection, and supervision of compliance with the law on corporate bonds, especially the issuance of bonds of real estate enterprises...
