Chính phủ và những hành động quyết liệt “chưa từng có” tạo bàn đạp để doanh nghiệp bất động sản bứt phá

The real estate market has never received as much attention from the government as it has in the past two years. As soon as signs of a market decline appeared, the government took immediate action to “rescue” and restore the real estate market. A series of continuous and strong actions from the government have helped boost confidence and strength in the real estate market, allowing it to overcome the “crisis.”

Notable government initiatives include the establishment of a Task Force led by the Prime Minister to review, urge, and guide the resolution of difficulties and obstacles in the real estate market and implement real estate projects for localities and businesses. This decision was made on November 17, 2022. Less than a month later, on December 14, 2022, the Prime Minister issued a directive to the Ministry of Construction, the State Bank, the Ministry of Natural Resources and Environment, the Ministry of Planning and Investment, the Ministry of Finance, and the People’s Committees of provinces and centrally-governed cities, demanding the implementation of solutions to resolve difficulties in the real estate market and ensure stable, healthy, and sustainable housing development, focusing on priority areas that contribute to economic recovery and social welfare.

In 2023, a series of policies were enacted to overcome obstacles and promote the real estate market. These policies include the Resolution No. 58 dated April 21, 2023, which focuses on supporting proactive adaptation, rapid recovery, and sustainable development of businesses until 2025; the Resolution No. 33 dated March 11, 2023, which aims to remove obstacles and promote the safe, healthy, and sustainable development of the real estate market; and the Decree No. 12 dated April 14, 2023, which extends the deadlines for value-added tax, corporate income tax, personal income tax, and land rent payment in 2023.

Read more:  Efficient Utilization of Land Resources

Throughout this period, the government organized two important online conferences, both chaired by Prime Minister Pham Minh Chinh. The first conference, held on February 17, focused on removing obstacles and promoting the safe, healthy, and sustainable development of the real estate market nationwide. The second conference, held on August 3, aimed to evaluate the implementation of the government’s Resolution No. 33/NQ-CP dated March 11, 2023, and propose solutions to resolve difficulties and obstacles in the real estate market.

The Task Force led by the Prime Minister has received 142 reports on difficulties, obstacles, and recommendations from localities, businesses, associations, and residents, concerning 191 real estate projects. In Ho Chi Minh City, approximately 77 real estate projects have been unblocked, while 143 projects are still being resolved by related ministries and local authorities. In Hanoi, 404 projects have been reviewed and categorized based on difficulties and obstacles.

In early 2024, the government continued to hold two important meetings to completely resolve the remaining difficulties in the real estate market. The first meeting, held on March 11, was chaired by Deputy Prime Minister Tran Hong Ha and focused on reviewing, urging, and guiding the resolution of difficulties and obstacles in implementing real estate projects for localities and businesses, following the enactment of the new Land Law, Housing Law, and Real Estate Business Law. On March 14, Prime Minister Pham Minh Chinh chaired a conference on implementing monetary policy tasks in 2024, removing difficulties in production and business, and promoting economic growth and stability. Numerous real estate companies, including Vingroup, Sungroup, Novaland, Becamex IDC, Phat Dat, Hoang Quan, and Hung Thinh, participated in this conference.

Read more:  Government requires the construction of high-speed rail in Vietnam

On March 16, Prime Minister Pham Minh Chinh will host an online conference with localities to resolve difficulties and promote the implementation of social housing projects.

It is evident that never before have rescue measures for the real estate market been as numerous as in recent times. The government’s determination has created positive changes in the real estate market, helping it recover and develop sustainably.

“Bàn đạp” để doanh nghiệp phục hồi, phát triển

Since the beginning of 2024, the real estate market has been “warming up” after the government’s efforts to remove obstacles, supported by active participation from various corporations. Numerous projects are being accelerated with a high-quality inventory, attracting customers’ attention. One of these notable real estate brands is “Nhà Sunshine,” which is marking its presence with high-quality products and a series of ongoing projects stretching from the North to the South.

Under the supervision of reputable general contractor SCG Group, the “Nhà Sunshine” projects are strictly adhering to the highest technical quality standards, satisfying aesthetic requirements and modern standards. In Ho Chi Minh City, after the completion of Tower S1, which is now home to hundreds of families, Towers S2, S3, and S4 of the Sunshine Sky City project continue to be constructed under the supervision of SCG Group. The project focuses on delivering the promised five-star living standard in the bustling District 7.

Similarly, in Hanoi’s Long Bien district, which is predicted to experience the fastest real estate price growth by 2025, Sunshine Green Iconic is being rapidly completed to supplement the housing supply in a market suffering from a severe shortage.

Read more:  How to Lower Your Capital Gains Tax Bill After Selling a Home

In addition, at the Ciputra urban area, the Sunshine Crystal River project is also being constructed day and night. This project consists of five 40-story towers, featuring a collection of high-class Sky Villas with a Dubai-inspired style, along with international-standard amenities, services, and operations.

Alongside these mentioned projects, Sunshine Group continues to push forward with the development of previously launched projects that have received high market evaluations due to the real value they offer to end-users. These projects include Sunshine Diamond River (Phase B – C) in Ho Chi Minh City, Sunshine Capital Tay Thang Long, and Sunshine Golden River.

According to Chairman of Sunshine Group, Do Anh Tuan, in 2024, the company plans to introduce five major projects with nearly 10,000 apartments and low-rise villas for end-users. These five projects are all located along the West Lake – Ba Vi real estate axis, in areas such as Tay Ho Tay and Dan Phuong, Phuc Tho.

2024 is anticipated to be the year when the real estate market begins to rebound. With the government’s focus on public investments and accelerating infrastructure completion, the launch of billion-dollar projects will contribute to the urban landscape’s improvement, creating strong regional connections, stimulating socio-economic development and GDP growth, and generating employment opportunities and incomes for hundreds of thousands of workers, said Do Anh Tuan, Chairman of Sunshine Group.