Officially passed Resolution to improve the effectiveness of implementing real estate management laws

On the afternoon of November 23, implementing the Program of the 8th Session , the National Assembly voted to pass the Resolution on "Continuing to improve the effectiveness and efficiency of implementing policies and laws on real estate market management and social housing development" with a high approval rate.

The National Assembly passed a Resolution on Continuing to improve the effectiveness and efficiency of implementing policies and laws on real estate market management and social housing development.

After listening to the Standing Committee member of the National Assembly, Chairman of the Economic Committee Vu Hong Thanh present the Report on receiving, explaining and revising the draft Resolution on "Continuing to improve the effectiveness and efficiency of implementing policies and laws on real estate market management and social housing development", the National Assembly voted to pass this Resolution. The electronic voting results showed that 421/423 National Assembly deputies participated in the vote in favor, accounting for 87.89% of the total number of National Assembly deputies. Thus, the National Assembly officially passed the Resolution on "Continuing to improve the effectiveness and efficiency of implementing policies and laws on real estate market management and social housing development" with a high approval rate. Focus on directing, guiding and organizing the implementation of laws on land finance. The Resolution clearly states that, for newly issued laws related to real estate market management and social housing development such as the 2023 Law on Real Estate Business, the 2023 Housing Law, the 2023 Bidding Law, and the 2024 Land Law, the Government is requested to immediately deploy a number of tasks and solutions, such as focusing on directing ministries, ministerial-level agencies and localities to complete the issuance of detailed regulations and implementation instructions according to assigned authority. Continue to review and complete detailed regulations and implementation guidelines to ensure overcoming existing shortcomings and limitations in the 2015-2023 period and problems arising in the process of implementing new regulations, creating a safe, complete, favorable, stable and feasible legal corridor for investment, production and business activities of enterprises and people's lives, especially transitional regulations, ensuring conditions for access and use of land and other resources in a fair, public and effective manner.

Delegates voted to pass the National Assembly Resolution on Continuing to improve the effectiveness and efficiency of implementing policies and laws on real estate market management and social housing development.

Focus on directing the guidance and implementation of laws on land finance, focusing on land valuation, construction, adjustment of land price lists and other related policies, ensuring the maintenance of a reasonable level of land-related costs as input costs of the economy, ensuring the harmony of interests of the State, land users and investors in the spirit of Resolution No. 18-NQ/TW dated June 16, 2022, the 5th Central Conference of the 13th tenure on continuing to innovate and perfect institutions and policies, improving the effectiveness and efficiency of land management and use, creating a driving force to turn our country into a high-income developed country. The Government shall promptly issue complete detailed regulations and effectively organize the implementation of laws and resolutions related to real estate market management and social housing development after they are approved by the National Assembly at the 8th Session. Regarding draft laws submitted to the National Assembly for comments at the 8th Session related to real estate market management and social housing development, it is recommended that the Government study and have a mechanism to resolve practical difficulties and obstacles based on an objective assessment of the implementation process of legal provisions over time; clearly identify the causes of difficulties due to the provisions of the Law, detailed regulations, implementation instructions or the implementation organization to propose appropriate and feasible solutions. Resolutely handle real estate projects facing difficulties and legal problems. The Resolution also clearly states that the Government has appropriate solutions to resolutely handle real estate projects facing difficulties, legal problems, and stagnation due to prolonged implementation and changes in the law over time based on comprehensive consideration of objective practical factors, specific historical circumstances, full assessment of benefits - costs and feasibility of the solution to ensure the legitimate rights of the State, people, and businesses, for the common and overall interests, freeing up resources for the real estate market, creating momentum for socio-economic development; not "criminalizing" economic and civil relations; clarifying the connotation of "not legalizing violations". Resolutely handle projects within the scope of handling according to authority or have been decentralized and delegated to the Government, Ministries, branches, and localities. Continue to review other projects with difficulties and legal problems, minimize the impact of the review on normal, continuous business operations and legitimate, legal interests of enterprises and people; classify, clearly identify causes and responsibilities, propose appropriate resolution mechanisms to report to competent authorities. The Government has specific solutions and guides ministries, branches and localities to remove obstacles related to land management and use in the process of equitization of state-owned enterprises and divestment of state capital in enterprises; have mechanisms and policies to handle cases where the land use plan after equitization of state-owned enterprises and divestment of state capital in enterprises is no longer consistent with the planning; have specific solutions to remove obstacles in the implementation of signed build-transfer (BT) contracts, completed in 2025. Increase real estate supply in line with the income of the majority of people. The Resolution assigns the Government to direct ministries, branches and localities to take regulatory measures to diversify products for the real estate market, harmonize supply and demand, increase real estate supply in line with the income of the majority of people, meet housing needs, and ensure social security. Have fundamental, long-term solutions to bring real estate prices back to their intrinsic value, prevent manipulation and use of land use rights auctions to create price "fever". The Resolution emphasizes that the Government directs ministries, branches and localities to fully perform their responsibilities in guiding and resolving issues in the process of organizing law enforcement, minimizing legal risks and shortening project implementation time. Implement the principle that any problem that falls under the authority of a given level must be resolved by that level; overcome the situation where ministries and branches provide general guidance and answers that lack specificity. “In cases where there are different interpretations in the implementation of the law, it is necessary to promptly propose competent authorities to interpret the law according to regulations. Overcome the situation of avoidance, shirking, and fear of responsibility in handling work at agencies and units, not to prolong time and backlog work,” the Resolution clearly stated. The Resolution assigned the Government to issue a plan to implement this Resolution in the first quarter of 2025, clearly identifying the presiding agency, coordinating agency, progress and ensuring funding for performing the tasks; send the plan to the National Assembly Standing Committee and National Assembly agencies for supervision. The National Assembly Standing Committee, the Nationality Council , National Assembly Committees, National Assembly delegations, National Assembly deputies, People's Councils at all levels, the Vietnam Fatherland Front and its member organizations, within the scope of their tasks and powers, shall supervise the implementation of this Resolution. Source: https://nhandan.vn/chinh-thuc-thong-qua-nghi-quyet-nang-cao-hieu-qua-thuc-hien-phap-luat-quan-ly-bat-dong-san-post846551.html