HCM CITY — Authorities in HCM City are planning a review of State-owned housing, funds and assets in an aim to improve management and use of state-owned land and properties in the city.

The Party Committee will help the HCM City People’s Committee draft a plan on identifying, classifying and evaluating the managerial deficiencies of all state-owned houses and land. Appropriate solutions will then be offered.

The Standing Committee of district-level Party Committees and other authorities will guide localities on their review of State-owned land properties and assessment of the state of these properties.

District authorities will also be expected to compile a list of vacant land and empty houses as well as land that is left over after compensation is paid to local residents.

To improve leadership and management of the state-owned land fund, authorities across all levels are required to conduct research and give advice on necessary changes to be made on those lands.

The city's People’s Committee has also directed authorities to propose further regulations on management and use of State-owned houses and land funds, along with regulations related to auction of land-use rights and land leases.

The People's Committee has asked the HCM City Inspectorate to carry out further inspection of state-owned houses and land, and assets attached to State-owned land.

The Standing Committee of the HCM City Party Committee noted several positive aspects of city management, such as using land plots for construction of several agencies’ headquarters, creating revenue from renting and selling houses, transferring of land-use rights, and changing of land-use purposes.

However, the Standing Committee is concerned that some land plots have not been used for proper purposes, and that some houses and land plots were not sold to the right individual or organisation. In addition, some property prices were not determined by the market price.

According to the Standing Committee, these shortcomings occurred because authorities did not pay adequate attention and did not strictly comply with regulations on management and use of State-owned house and land, and properties attached to state-owned land.

Penalties were not strict enough to deter violators from committing wrongdoings, according to the Standing Committee. — VNS