Dang Quang Phan, deputy head of the Policy and Legislation Department, spoke to Thoi bao Kinh te Viet Nam (Vietnam Economic Times) about land use issues Many people complain the land use law has shortcomings that make it difficult to clear land for development projects. What do you think? The land use law and related legal documents have created a sufficient legal corridor for this purpose. However, there are shortcomings in synchronising them with the law. They include the settlement of complaints, disputes on land use, real estate registration and land finance, among others. About three million hectares of land will be put aside for industrialisation and modernisation by 2020. Another one million hectares will be needed to refurbish existing urban areas, develop new residential areas and for the social housing fund.Many points in the law and regulations related to such issues as land, housing, construction and investment are not consistent with each other, causing difficulties in … [Read more...] about Planning needed to manage land use, development
Primary land development bank
The Hanoi Department of Natural Resources and Environment has released a list of real estate projects in which the property has been mortgaged with banks as at July 29. The list of 34 property projects was released on July 31 and follows the recent release of a similar list from the Ho Chi Minh City Department of Natural Resources and Environment. The list includes major investors and projects, such as the Tan Hoang Minh Group, which mortgaged part of its property project in O Cho Dua ward in Dong Da district, the Nam Cuong Group, which mortgaged land plots in Yen Nghia and Duong Noi ward in Ha Dong district, and the Geleximco Group, which mortgaged land plots in the Le Trong Tan new urban area in Duong Noi ward, Ha Dong district and in La Phu communein Hoai Duc district. Other major investors on the list included Van Phu - Invest, the T&T Group, and Gamuda Land Vietnam VET approached Tan Hoang Minh and Nam Cuong for comment but they were unwilling to discuss the … [Read more...] about Hanoi lists property projects mortgaged by developers
Last week, Israel announced that it was appropriating nearly 1,000 acres of private Palestinian land near Bethlehem. The seizure, which one anti-settlement group called the largest in 30 years, was condemned by Palestinians, the United Nations, and criticized by the United States. Israel has said that the move is retaliation for the June kidnapping and murder of three Israeli teenagers. Settlement has long been considered a fair response to Palestinian attacks by some parts of Israeli society, and appropriation of Palestinian land has been a consistent policy of every Israeli government since Israel became a state in 1948. In the West Bank alone, close to 250,000 acres were appropriated since 1979, using a legal mechanism based on an interpretation of Ottoman law. The timing of this most recent appropriation, though, has little to do with any particular act of Palestinian violence. It did have something to do with pacifying domestic opposition – the appropriation soothed some … [Read more...] about Israel appropriated 1,000 acres of the West Bank. Why now?
RESOLUTION Key solutions for directing the implementation of the social-economic development plan and State budget estimate in 2012 Despite many difficulties and challenges in 2011, the national economy has, as guided by the sound leadership of the Communist Party and drastic measures taken by the Government, as well as fuelled by efforts exerted by sectors and agencies of all levels, the business community and people, moved positively and obtained an array of significant achievements in curbing inflation, stabilizing the macro-economy, and ensuring social welfare. These included an economic growth rate of at about 6%; agriculture developing stably; food output making a new record high; industrial production increasing fairly; service and tourism sectors continuing with their growing trend. Export turnover saw a three fold rise over the preset target; trade deficit went down sharply; State budget overspending dipped; the currency and credit balance were put under control; the foreign … [Read more...] about Key solutions for realizing socio-economic development plan
The World Bank was on Friday to propose a coalition of governments, global organisations and other groups to protect the oceans, aiming to raise $1.5 billion in the next five years for the purpose. A palm frond is blown along the beach as the sun begins to rise over the Atlantic Ocean in 2011. The World Bank was on Friday to propose a coalition of governments, global organisations and other groups to protect the oceans, aiming to raise $1.5 billion in the next five years for the purpose. (AFP Photo/Brendan Hoffman) World Bank president Robert Zoellick was to tell a global conference in Singapore that the new partnership would bring together various groups to confront problems of over-fishing, marine degradation and loss of habitat. "The world's oceans are in danger, and the … [Read more...] about World Bank proposes global coalition to save oceans