By 2022-2025, Hanoi aims to have a fully updated and accurate centralized database of all public assets in the city.
![](http://media.hanoitimes.vn/2021/05/14/logo_hntimes.png)
Hanoi has approved a plan for the effective management of the city's public assets for the period 2022-2025, with a vision of 2030.
Hanoi's Tay Ho District from above. Photo: Pham Hung/The Hanoi Times |
According to Nguyen Xuan Luu, Director of the Department of Finance, the project aims to improve the system of mechanisms and policies for managing and using public assets to meet development needs in the current context.
"It also aims to prevent and combat corruption, promote savings, reduce waste, and avoid inefficiencies and violations in the management and use of public assets," Lưu said.
He said the management and use of public property in the city must be carried out in accordance with regulations, with the state assigning management rights, use rights, and other forms of authorization to relevant agencies, organizations, and other entities.
"Transparency and openness are crucial in the management and use of public assets according to market mechanisms," Luu said, adding that effective supervision, inspection, examination, and audit are needed to ensure that irregularities are promptly dealt with and strictly punished according to the law.
By 2022-2025, Hanoi aims to have a centralized, accurate, and fully updated database of all public assets in the city, and all specialized properties in the city should meet the norms and standards approved by the relevant authorities.
To achieve this goal, Hanoi will take decisive action to resolve any malpractices or problems related to the management and use of its state housing fund, whose management and use are entrusted to various agencies, units, and enterprises by central and local government regulations.
Furthermore, the city would immediately cease any unauthorized use of the public property for leasing, lending, joint ventures, or associations, and ensure that all public property used for business purposes, leasing, joint ventures, or associations are approved by the relevant competent authorities.
In accordance with government regulations, the agencies responsible for managing the city's infrastructure assets should complete the review and classification of all existing infrastructure assets and ensure that they are managed and utilized according to the prescribed guidelines. In addition, the city should explore plans to utilize the land on both sides of Ring Road 4 to generate revenue for the development of its transport infrastructure.
Other News
- Legal tools required to tackle air pollution issues in Hanoi
- General Secretary Nguyen Phu Trong leaves profound personal legacy
- Hanoi Party Committee, government pay tribute to martyrs, war invalids
- Hanoi officials pay tribute to General Secretary
- How fake news hooks us?
- General Secretary Nguyen Phu Trong and his lasting legacy in the hearts of Hanoi's citizens
- Lowering flag to half-mast in National Mourning for General Secretary Nguyen Phu Trong
- New legal framework enables Hanoi’s transformation
- Beloved Party Chief in hearts of Dan Phuong People
- Experts advise Hanoi to use AI to prevent fires
Trending
-
State Funeral held for Communist Party Chief Nguyen Phu Trong
-
Vietnam news in brief - July 26
-
Legal tools required to tackle air pollution issues in Hanoi
-
How fake news hooks us?
-
South Korean writer spends 10 years on book about CPV General Secretary
-
Rustic charm of Hanoi's street vendors: Timeless beauty
-
iHaNoi sees 52,000 registered accounts, 20,000 daily visits
-
Youth-Led Environmental Initiative in Hanoi
-
Unique lotus flower art on display in Hanoi