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Subscribe to
The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

AUTOMATIC RENEWAL REMINDER

  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
  • Your subscription will continue until you cancel.
  • You can cancel by using My account. Under My account, select "Unsubscribe" and then follow the instructions to cancel.
  • You can notify us of your intent to cancel at any time during your billing period. Cancellations take effect at the end of your current billing period.
28.9 C
Ho Chi Minh City
Thursday, April 3, 2025

Gov’t wants to take back land from long-stalled projects

By Viet Dung

Must read

HCMC – The Government has taken a slew of measures to handle long-stalled projects, including asking cities and provinces to take back land from these projects.

In a dispatch on July 13, Deputy Prime Minister Le Van Thanh asked local authorities to review their construction plans and projects to reclaim land or cancel projects that have long been delayed, have expired, or have turned unfeasible.

The Ministry of Construction was asked to work with other relevant ministries, agencies and provincial and municipal governments to speed up inspections into these projects and step up the revocation of land from long-stalled projects.

Many cities and provinces have started reviewing projects and made a list of long-delayed ones.

Dong Nai Province has revoked tens of large projects in Nhon Trach District, including 16 residential and infrastructure projects.

Thanh Hoa Province has pinpointed 164 long-delayed projects. Among them, the province has decided to take back a total of 89.9 hectares of land from 21 projects.

Over the past week, a wave of land revocations has happened in several other provinces such as Kon Tum, Vinh Phuc, Quang Ngai and Quang Tri.

A total of over 3,080 long-stalled projects, with a total area of 80,450 hectares, have been detected in 48 cities and provinces.

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