Prime Minister Pham Minh Chinh underlined the need to pay special attention to removing “bottlenecks” on the real estate market while chairing an online conference on Thursday on measures to ensure safe, healthy and sustainable development of the property market. The conference was connected with the People’s Committees of five centrally-run cities: Hanoi, Ho Chi Minh City, Da Nang, Hai Phong, and Can Tho.

In his remarks at the event, the PM emphasised the viewpoint of persistently and firmly developing a safe, healthy and sustainable real estate ecosystem without unreasonably credit tightening but strengthening inspection and supervision and State management.

The PM asked ministries, sectors and localities to create a healthy environment for the property market, with priority given to the market segment serving social security. He said market rules should be respected but the State should uphold its management role to prevent manipulation of the market.

The Government leader underlined the need to promote strategic infrastructure development, thus creating new development space and motivation for the real estate market.

Source: VOV5