The Ministry of Construction will coordinate with localities to further inspect and investigate to detect, prevent, and punish “ghost” real estate projects in a timely manner. In Hanoi, several “golden land” areas of real estate “big owners” have long been forgotten. Some projects have been adjusted after being put to pasture for a decade. The Ministry of Construction recently responded to Gia Lai province’s voters’ petition which had requested that the Government focus on inactive real estate projects that have misused resources, badly affected rights and benefits of people and the State, and caused social frustration. At the same time, the Government should seriously deal with “ghost”, deceitful and stagnant real estate projects which have triggered social irritation in localities. In response to the voters’ recommendations, the Ministry agreed that the inactive projects have caused a waste of resource, negatively impacting on the rights and benefits of people and the Sate, and frustrating society. According to the Ministry of Construction, under current laws, there are specific regulations on planning formulation, approval, management and implementation. Rights of organizations and individuals in planned areas are also regulated. The viewpoint of the Ministry was reaffirmed that the State shall ensure legal rights and benefits of the people living in the areas of inactive projects. “To publicize and be transparent about approved projects, the Ministry has finalized the National Information Portal on Construction Planning at http://quyhoach.xaydung.gov.vn. The Ministry also issued formal documents to request localities to publish their construction planning information on the website under their responsibility in management and implementation of local construction planning. With regard to future management, the Ministry will coordinate with other ministries and localities to further carry out other responsibilities with a number …
Real estate frauds
Pandemic reveals enterprises’ view of responsibility
SENSIBLE OUTLAY: Corporate social responsibility activities significantly help improve an enterprise’s competitiveness. — File Photo The unprecedented challenges arising from the COVID-19 pandemic have highlighted more than ever the importance of responsible crisis management and sustainable development at enterprises. Viet Nam’s successful containment of the virus significantly helped leverage the image of the country and its enterprises globally, according to Vo Tri Thanh, director of the Institute of Branding and Competition Strategy. It also confirmed the importance of corporate social responsibility (CSR) efforts, associating enterprises’ brands with social responsibility and sustainable development, he said. “Many enterprises, not only large ones but also small and medium-sized enterprises, shared the burden with the Government and citizens during the time of crisis,” he said. “Their sense of responsibility towards the community and society will certainly be recognised and be a very good basis for post-pandemic recovery and development. “We saw Vietnam Airlines bringing Vietnamese abroad home, while Viettel, VNPT, and FPT lowered telecommunications fees. Electricity of Vietnam cut power prices, Hapro and Co.op Mart stabilised prices, and many other companies joined hands in the fight against COVID-19.” In August, Vingroup gave the Ministry of Health DrAidTM software and attached devices to provide prognosis assistance in novel coronavirus treatment. The first AI software introduced helps to rapidly identify abnormalities based on upright chest X-rays in less than five seconds and adds to the accuracy of test results, reduces false negatives, and assists in enhancing treatment consistency and knowledge transfer from central-level doctors to grassroots-level doctors. The country’s leading real estate conglomerate also donated 3,200 ventilators to the Ministry of Health to help combat COVID-19 and sponsored chemicals for 56,000 COVID-19 PCR tests …
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VIETNAM BUSINESS NEWS FEBRUARY 13
Vietnam receives foreign cargo ships on first day of Lunar New Year The STARSHIP URSA of Marshall Island Vietnam welcomed two foreign commercial vessels, STARSHIP URSA of Marshall Island and CMA CGM J. ADAMS of Malta, to ports in Ho Chi Minh City and the southern province of Ba Ria – Vung Tau on February 12, the first day of the Lunar New Year, according to the Vietnam Maritime Administration (VINAMARINE). A representative from the authority said in the first months of 2021, the maritime industry has recorded strong growth. Despite difficulties posed by the COVID -19 pandemic, Vietnam still recorded impressive growth in trade, especially exports to Europe and America, because of the high demand from these markets. The increasingly modern and comprehensive seaport infrastructure and transport system have also created a momentum for the maritime industry’s development. The operation of deep-water seaports will promptly replenish container berth infrastructure to serve the growing demand of customs clearance In order to meet the increasing cargo transportation demand in recent times, VINAMARINE has directed sea port authorities to coordinate with State management agencies to speed up the processing of administrative procedures for ships. It has also worked with management agencies of ports and shipping companies to develop marine safety plans to allow port calls by large ships./. First dragon fruit lot exported to China in new Lunar Year Some 190 tonnes of dragon fruits were shipped to China through Kim Thanh II International Border Gate in the northern province of Lao Cai on February 12, the first day of the lunar New Year. According to the Lao Cai Border Gate Customs Sub-Department, the lot, the first to be exported to China in the lunar New Year, was worth 2.8 billion VND (121,512 USD). Departing from the Mekong Delta province of Long An, the lot was transported through the border gate in a safe manner with quick customs …