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Surplus public property management: Easy in some areas, difficult in others
๐Ÿ‡ป๐Ÿ‡ณ Vietnam /Economy & Trade

Surplus public property management: Easy in some areas, difficult in others

From Thanh Niรชn · () Vietnamese

Translated from Vietnamese, summarized and contextualized by DistantNews.

At a glance

News Sources not specified Context piece
  • Vietnamese localities face challenges in managing surplus public properties after administrative mergers.
  • Central areas can potentially lease out unused facilities, but rural areas struggle to find tenants.
  • Solutions include repurposing buildings as community centers or offering them for commercial lease.

Localities in Vietnam are grappling with the issue of surplus public properties following administrative mergers, with differing levels of success in finding solutions. While central urban areas are more optimistic about leasing out these unused facilities, rural and remote communes express concern about their inability to attract tenants.

In Nรดng Cแป‘ng commune, Thanh Hรณa province, formed by the merger of several smaller communes, over 100 surplus public properties required management. Currently, most have been utilized, with only nine remaining vacant. Among these is the former State Bank of Vietnam branch, a relatively new three-story building on a prime national highway location, which has been vacant since the bank's restructuring. Nearby, the former headquarters of the Nรดng Cแป‘ng town People's Committee and a former kindergarten also stand abandoned and overgrown.

Officials in Nรดng Cแป‘ng plan to repurpose some former commune headquarters as larger community houses to serve the expanded local population. For properties in central locations with commercial potential, the commune has proposed leasing them through public bidding. "We are confident that these properties will be leased out for business because people have needs, and the locations are convenient," stated ฤแป— Vฤƒn ฤแปฉc, head of the commune's Economic Infrastructure Department. He expects provincial approval for this plan.

Conversely, communes in more rural or remote areas, such as Quแบฃng Ngแปc in Thanh Hรณa, face greater difficulties. Quแบฃng Ngแปc, formed from the merger of four communes, has nearly 10 vacant public properties, primarily in the Quแบฃng Phรบc area. Unlike their urban counterparts, these rural communes struggle to find any viable solutions for their surplus assets, even with the possibility of leasing them out.

The properties in Nรดng Cแป‘ng commune, we will make plans to lease them for business, and they will surely be leased because people have needs, and the locations are convenient. So, if the province approves this plan, we will implement it and quickly resolve the surplus situation.

โ€” ฤแป— Vฤƒn ฤแปฉcHead of the Economic Infrastructure Department of Nรดng Cแป‘ng commune, explaining the plan to lease out vacant properties.
DistantNews Editorial

Originally published by Thanh Niรชn in Vietnamese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.