Decision No. 710/QD-BTC stipulates the sale of assets on land and the transfer of land use rights for state-owned real estate managed by the Vietnam Social Security at address No. 106 To Hien Thanh Street, Hanoi. This will be carried out through public auction.
Scope of application
Vietnam Social Security; Hanoi People's Committee
Key points
- The Vietnam Social Security sells assets on land and transfers land use rights at address No. 106 To Hien Thanh Street, Hai Ba Trung District, Hanoi (Article 1).
- The public auction shall be conducted in accordance with current regulations; the selling price shall be approved by the Chairman of the Hanoi People's Committee (Article 2).
- The proceeds from the sale of the real estate facility shall be used in accordance with Clause 5, Article 1 of Decision No. 140/2008/QD-TTg dated October 21, 2008 (Article 3).
- This Decision takes effect from the date of issuance and expires after 12 months if the public auction has not been completed (Article 4).
- The transfer of land use rights must comply with legal provisions on the management and use of state assets (Article 2).
🌐 Social impact of this document
- Increase revenue for the State budget from the public auction of assets and the transfer of land use rights.
- Improve the efficiency of land use by state agencies.
- Contribute to the process of reorganizing and disposing of state-owned real estate.
❓ Frequently asked questions
What specific location is being auctioned for assets and the transfer of land use rights?
Real estate facilities at address No. 106 To Hien Thanh Street, Hai Ba Trung District, Hanoi.
Who approves the selling price of assets on land and the transfer of land use rights?
The Chairman of the Hanoi People's Committee.
How will the proceeds from the public auction be used?
In accordance with Clause 5, Article 1 of Decision No. 140/2008/QD-TTg dated October 21, 2008.
For how long does this Decision take effect?
It takes effect from the date of issuance and expires after 12 months if the public auction has not been completed.
Full text
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MINISTRY OF FINANCE |
SOCIALIST REPUBLIC OF VIET NAM |
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Number: 710/QD-BTC |
Hanoi, March 29, 2011 |
Pursuant to …;
Regarding the sale of assets on land and the transfer of land use rights for houses and land owned by the State
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THE MINISTER OF FINANCE
Pursuant to Decree No. 118/2008/NĐ-CP dated November 27, 2008 of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Finance;
Pursuant to Decision No. 09/2007/QD-TTg dated January 19, 2007 of the Prime Minister on the reorganization and handling of houses and land owned by the State;
Pursuant to Decision No. 140/2008/QD-TTg dated October 21, 2008 of the Prime Minister amending and supplementing some articles of Decision No. 09/2007/QD-TTg dated January 19, 2007;
Pursuant to Decree No. 52/2009/ND-CP dated June 3, 2009 of the Government detailing and guiding the implementation of certain provisions of the Law on Management and Use of State Assets;
Pursuant to the opinion of the Vietnam Social Security at Circular No. 4882/BHXH-BC dated November 9, 2010 regarding the proposal to approve the plan for reorganizing and handling some facilities and land of the Vietnam Social Security in Hanoi according to Decision No. 09/2007/QD-TTg dated January 19, 2007 of the Prime Minister;
Pursuant to the opinion of the People's Committee of Hanoi at Circular No. 1599/UBND-KT dated March 10, 2011 regarding the plan for reorganizing and handling houses and land owned by the State of the Vietnam Social Security according to Decision No. 09/2007/QD-TTg dated January 19, 2007 of the Prime Minister;
At the proposal of the Director of the State Asset Management Agency,
DECISION:
Article 1. The sale of assets on land and the transfer of land use rights shall be conducted through public auction for the facility and land managed by the Vietnam Social Security located at No. 106 To Hien Thanh Street, Hai Ba Trung District, Hanoi with a total area: 981.7 m²; usable floor area: 829.74 m²2;2.
Article 2. The public auction of assets on land and the transfer of land use rights for the facility and land specified in Article 1 of this Decision shall be carried out in accordance with current regulations. The price of the sale of assets on land and the transfer of land use rights shall be approved by the Chairman of the People's Committee of Hanoi in accordance with the law.
Article 3. The proceeds from the sale of the facility and land specified in Article 1 of this Decision shall be used in accordance with Clause 5, Article 1 of Decision No. 140/2008/QD-TTg dated October 21, 2008 amending and supplementing some articles of Decision No. 09/2007/QD-TTg dated January 19, 2007 of the Prime Minister.
Article 4. This Decision takes effect from the date of issuance. The Director of the Ministry's Office, the Director of the State Asset Management Agency, and the heads of units related to the Vietnam Social Security and the People's Committee of Hanoi are responsible for implementing this Decision.
If the unit has not sold within 12 months from the date this Decision takes effect, this Decision will cease to be enforceable.
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Place of Receipt: - As in Article 4; - Vietnam Social Security; - People's Committee of Hanoi; - File: VT, QLCS. (9) |
DEPUTY MINISTER
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