| THE GOVERNMENT ------------- | SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom – Happiness -------------- |
| No. 06/2004/NQ-CP | Hanoi, May 19, 2004 |
RESOLUTION
ON A NUMBER OF SOLUTIONS TO HEALTHY DEVELOPMENT OF THE REAL ESTATE MARKET
The Resolution of the ninth plenum of the Party Central Committee, the IXth Congress, has asserted that one of the major economic development objectives and tasks in the remaining half of the IXth Congress's tenure is to form all types of markets synchronously, and required "the expeditious provision of guidance on the implementation of the 2003 Land Law and other relevant legal documents in order to effectively develop and manage the real estate market; the application of vigorous and comprehensive measures to abolish land-related subsidies, to combat self-seeking speculation, stimulation of unreal demands, causing bogus scarcity and fevers' of houses and land, corruption, illegal appropriation and wasteful use of land, and to implement regulating policies to ensure the interests of the State in the capacity as the owner's representative and as the biggest investor in infrastructure development, thus increasing the value of land."
