“According to the Monitoring Committee of the capital’s People’s Council, the People’s Committee approved the restructuring of 10,711 land and property sites, covering a total area of 43.7 million sq.m of land and 9.9 million sq.m of buildings.
The assets were under the management of various municipal agencies, organisations and State-owned enterprises.
During the reorganisation, the city identified surplus properties being misused or improperly allocated for enforcement.
The city already identified 653 sites, encompassing 5.8 million sq.m of land and approximately 359,500 sq.m of buildings so far.” – Viet Nam News