| THE MINISTRY OF CONSTRUCTION ------- No. 20/2010/TT-BXD | SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom – Happiness --------- Hanoi, October 27, 2010 |
CIRCULAR
GUIDING THE PILOT ELABORATION AND ANNOUNCEMENT OF A NUMBER OF REAL ESTATE MARKET INDEXES
THE MINISTRY OF CONSTRUCTION
Pursuant to the Government's Decree No. 17/ 2008/ND-CP of February 4, 2008, defining the functions, tasks, powers and organizational structure of the Ministry of Construction;
Pursuant to the Government's Decree. No. 153/2007/ND-CP of October 15, 2007, detailing and guiding the Law on Real Estate Business;
The Ministry of Construction, guides the pilot announcement of a number of real estate market indexes as follows:
Chapter I
GENERAL PROVISIONS
Article 1. Objectives, scope of regulation and subjects of application
1. This Circular guides the pilot determination and announcement of a number of real estate market indexes (below referred to as indexes) of Hanoi. Ho Chi Minh. Da Nang and Can Tho cities.
2. Concerned agencies, organizations and individuals shall refer to and use indexes announced under this Circular in managing local real estate markets.
3. Other provinces and cities are encouraged to apply this Circular in determining and announcing real estate market indexes to serve the management of local real estate markets.
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