Vietnam Ministry of Foreign Affairs Unit Asked to Remit Over 42 Billion Dong

An investigation by the Government Inspectorate of Vietnam has revealed that the Department for the Management of Foreign Missions, under the Ministry of Foreign Affairs, is being asked to deposit over 42 billion Vietnamese dong into the state budget. This sum represents revenue collected from renting out properties after their lease agreements had expired.

The inspection, focusing on surplus state properties after restructuring within the Ministry of Foreign Affairs, highlighted ongoing issues with the management of these assets. For instance, a property at 7B Phan Chu Trinh in Hanoi has remained vacant since March 2019. Despite plans for its rearrangement, it was not until July 2024 that a proposal for its recovery and handover to the Hanoi People's Committee was made, a process still incomplete at the time of the inspection.

Similarly, at 120 Tran Quoc Hoan in Hanoi, after transferring 13,000 square meters of land and associated buildings to the Diplomatic Academy of Vietnam, the remaining 6,700 square meters await a disposition plan from the Ministry of Construction. This area includes a 700 square meter guesthouse where 17 households have been residing for years without a definitive resolution.

Another site at 2 Ngo 294 Kim Ma, spanning nearly 9,600 square meters, has been unused since February 2017. The Department for the Management of Foreign Missions had previously proposed various utilization plans, including a joint venture for an office and hotel complex, but these were not feasible due to legal inconsistencies. Ultimately, a proposal to lease it to a specific group was approved.

The Government Inspectorate's findings also extend to recovering nearly 8 billion dong owed by Mekong One Hanoi Co. Ltd. and addressing overdue rental payments for properties whose contracts have expired. The department is urged to take decisive action to recover these assets and outstanding debts, and to finalize arrangements for properties leased to specific entities beyond their contract terms.

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