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Vietnam: HCM City to Sell All State-owned Houses
Source: vietnamnews.vn
Source Date: Saturday, April 12, 2014
Focus: Electronic and Mobile Government, Knowledge Management in Government, Citizen Engagement, Internet Governance
Country: Viet Nam
Created: Apr 15, 2014

The municipal People's Committee said it has completed the sale of State-owned houses in the city to meet the urgent demands of families and beneficiaries of social policies.

 

Statistics from the city showed that it had sold 93,600 State-owned houses till date, accounting for 98 per cent of the total.

 

In 2010, the city sold 92,500 similar houses with a total area of 5.1 million square metres for VND5.86 billion, or US$279 million. The money has been reinvested in housing projects.

 

The city has 102,000 State-owned houses.

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