Finance Minister talks land management in equitised SOEs
Finance Minister Dinh Tien Dung made clear on some issues concerning land management, evaluation of the rights to land use of equitised State-owned enterprises (SOEs), and invoice management to prevent State budget loss, during a question-and-answer session at the ongoing sixth meeting of the 14th National Assembly in Hanoi on October 31.
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Dung said the use and management of land after equitisation in each locality is the responsibility of its People’s Committee, acknowledging that several equitised SOEs took advantage of the State land management policy and relocated polluted facilities out of the inner capital city to change the land use purpose without putting land use rights to auction in line with the law.
Under the Government’s Decree No.126/2017/ND-CP, SOEs’ land use plans must be approved before equitisation. After equitisation, land must be used in line with the approved plan. In cases where the land use purpose is changed, the land must be reclaimed for auction, he said.
According to him, several SOEs use land in many localities so that the involvement of departments and agencies is needed.
The Q&A session was broadcast live nationwide.
