Hanoi prohibits using the first floor of resettlement houses for business
 |
| A resettlement area in Hanoi - VNA/VNS Photo Hoang Lam |
The city’s People's Committee has assigned authorities in districts, wards and towns to use the first floors of resettlement apartments under State possession for community activities, which are managed and reported in accordance with public asset policies.
Previously, many apartments leased their first floor for trading purpose without the approval of the municipal People's Committee.
Specifically, a report of the Hanoi Department of Construction said the city assigned the Ha Noi Housing Management and Development One-member Company Limited to manage 148 resettlement buildings with first-floor area of up to 56,937 square metres.
However, the company has arranged for 21 individuals and organisations to use 4,038 square metres for business without the approval of the city People's Committee.
In addition, the entire rental fee of this area of more than VND20 billion (US$858,000) has not been remitted into the State budget.
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional
Tag:Related Contents
Latest News
More News
- Trump's trade policies could shape Vietnam's economic outlook: Dragon Capital (November 15, 2024 | 16:56)
- The One Destination partners with Singapore investor and institutional fund to build ESG real estate complex (November 11, 2024 | 10:32)
- Stabilising measures must sit alongside land price hikes (November 07, 2024 | 09:56)
- CapitaLand Development records strong bookings for Orchard Hill (November 07, 2024 | 08:19)
- Public transport and real estate: The rise of Transit Oriented Development (November 05, 2024 | 15:06)
- Funding flows to second-tier localities (November 03, 2024 | 15:24)
- Hanoi has long road to travel in becoming a smart city (November 03, 2024 | 15:00)
- Nam Long Group hands over keys to Akari City Phase 2 (October 30, 2024 | 18:29)
- KTG Industrial expands industrial footprint at Taitronics 2024 (October 29, 2024 | 14:46)
- Deal signed for sustainable development at Prodezi Eco-Industrial Park (October 26, 2024 | 10:02)
Mobile Version