Ministry of Construction to inspect real estate firms

The Ministry of Construction (MoC) will carry out routine compliance inspections on investment and business practices at many big real estate firms in 2019, including MBLand, Mipec, Lac Hong, Thuong Tin and Eurowindow Nha Trang.
Ministry of Construction to inspect real estate firms ảnh 1Mipec Riverside in Hanoi’s Long Bien district will undergo an inspection in 2019 (Photo: reatimes.vn)

Hanoi (VNS/VNA) - The Ministry ofConstruction (MoC) will carry out routine compliance inspections on investmentand business practices at many big real estate firms in 2019, including MBLand,Mipec, Lac Hong, Thuong Tin and Eurowindow Nha Trang.

The ministry said it planned to carry out 90inspections in different sectors including planning management, transportationprojects, civil and industrial projects, infrastructure, building materials,real estate investment and anti-corruption.

The ministry’s chief inspector will takeresponsibility for conducting the inspections and reporting to the minister.

The inspections will look at the implementationof housing regulations by many real estate projects that are underconstruction.

The inspectorate will look into MilitaryPetrochemical JSC (MIPEC)’s projects including Mipec City View and MipecRiverside in Hanoi.

MBLand will also have its projects inspectedincluding Square Field in Tay Ninh and Golden Field and Grand Plaza in Hanoi.

An inspection will also be conducted of Lac HongInvestment JSC’s projects such as the N01 T5 high-end apartment complex in Hanoi,Kim Boi Resort in Hoa Binh, Quang Ninh apartment building in Quang Ninh, TamDao complex and Ha Tien urban area phase two in Vinh Phuc.

Inspectors will work with Sai Gon ConstructionCorporation (SGCC) at its SGCC Building and Soho Premier Binh Thanh in HCMCity.

Sacomreal will have Carillon 5, Jamona City, JamonaGolden Silk, TTC Plaza Binh Thanh and Jamona Heights in HCM City undergoinspections.

In addition, MoC’s inspectors will carry outinspections on State management in the construction, housing and estate sector.They will look at the licensing process for organisations and individuals inthe 2015-2018 period in Hanoi, HCM City, Ha Giang, Hung Yen, Nghe An, Ha Tinh,Khanh Hoa, Ninh Thuan, Lam Dong and Binh Thuan.

Last year, the ministry conducted 93 inspectionsin the aforementioned sectors. It released 72 inspection results in 2018 andproposed fines of 927.5 billion VND.

It also proposed handling the violations of 155organisations and 235 individuals after its inspections in 2018.-VNS/VNA
VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.