PhD student chose the study: State management of investment in housing development in urban areas in Vietnam

PhD student chose the study State management of investment in housing development in urban areas in Vietnam as a thesis topic of doctoral degree, majoring in economic management. systematize, clarify and supplement the rationale; to study the experiences of State management over urban housing development investment of some countries in the world, draw lessons for Vietnam; study the state management of investment in housing development in urban areas in Vietnam; On that basis, some feasible solutions are proposed to improve the state management of investment in housing development in urban areas in Vietnam.

MINISTRY OF EDUCATION

AND TRAINING

MINISTRY OF PLANNING AND INVESTMENT CENTRAL INSTITUTE FOR ECONOMIC MANAGEMENT

-* -

NGUYEN HONG PHU

STATE MANAGEMENT OVER DEVELOPMENT INVESTMENT HOUSES IN URBAN AREA IN VIETNAM

Major : Economic management

Code: 9.31.01.10

SUMMARY OF DOCTORAL THESIS IN ECONOMICS

Hanoi, 2018

Management

Supervisor:

1 Assoc.Prof.,Dr Hoang Van Cuong

2 Dr Tran Hong Mai

Reviewer 1: Assoc.Prof.,Dr Vu Thi Minh

Reviewer 2: Assoc.Prof.,Dr Doan Duong Hai

Reviewer 3: Assoc.Prof.,Dr Nguyen Dinh Tho

The thesis will protect before the Council of thesis-level dissertation meeting at the Central Institute for Economic Management day month year 2019

The thesis can be found at the library:

- Library of the Central Institute for Economic Management

- National Library, Hanoi

INTRODUCTION

1 Reason for choosing thesis topic

Housing development is one of the important contents of the socio-economic development policy of the country, ensuring the essential needs of the people The State shall promulgate policies to promote the housing market and at the same time adopt policies to support housing for social policy beneficiaries, low-income earners and poor people who have difficulties in housing contributing to political stability, ensuring social security and urban and rural development towards civilization and modernity

According to the National Housing Development Strategy up to 2020 and Vision to 2030 approved by the Prime Minister in Decision No 2127 / QD-TTg dated 30 November 2011 and set target area of average housing in urban area reached 29m2 / floor / person With the urbanization rate expected to reach 40%, the urban population is increasing, the demand for housing for urban residents increasingly requires the mobilization of all resources to implement housing projects urban areas nationwide [14]

Starting from these issues, PhD student chose the study "State management

of investment in housing development in urban areas in Vietnam" as a thesis

topic of doctoral degree, majoring in economic management systematize, clarify and supplement the rationale; to study the experiences of State management over urban housing development investment of some countries in the world, draw lessons for Vietnam; study the state management of investment in housing development in urban areas in Vietnam; On that basis, some feasible solutions are proposed to improve the state management of investment in housing development

in urban areas in Vietnam

2 An overview of published researches related to state management of urban housing development investment

2.1 Study abroad

Investment in housing development in urban areas is always the area of interest In the world there are many researches on content related to management

of housing investment with different perspectives, such as: (1) Arthur C Nelson,

Casey J Dawkins (2002), "The Relationship Between Growth and Ability to Buy a

Home" at the University of Maryland; (2) Muyiwa Elijah Agunbiade (9/2012)

"Land Management" University of Melbourne, Melbourne, Victoria3010,

Australia; (3) Terencem.Milstead (2008), "Urban Development in Post-Soviet",

Florida State University of Social Sciences; (4) Terencem.Milstead (August 2009),

report "National Urban Development Housing Framework (2009-2016)" at the

Philippine Institute for Development Studies The (5) Olotuah POND and

Bobadoye (2009) on "Sustainable Housing for the Urban Poor," Department of

Architecture, Akure University of Technology, Nigeria;

2.2 Research in the country

Typical research projects related to research topics include: (1) Nguyen Van

Hoang (2009), "Improving the management capacity of the urban housing market” (2) Pham Ngoc Tuan (2015), "Development of new urban areas in Ho Chi Minh

City towards sustainable development" (3) Nguyen Pham Quang Tu (2013), " Survey and assess the situation and efficiency of investment in new urban areas, on

that basis proposed mechanisms and policies to improve the efficiency of management of investment projects for development of new urban areas" Project

Economic Department, Institute of Construction Economics, Ministry of

Construction; (4) Dinh Trong Thang (2014), "Theoretical and practical basis for

development of urban housing investment funds in Vietnam", (5) Do Hau &

Nguyen Dinh Bong (2011), "Management of land and urban real estate"; (6) Nguyen Duong Danh (2011), "Vietnam Urban Development Strategy 2011-

2050";(7) Pham Ngoc Tru (2015), the theme "Central city with socio-economic development in the Red River Delta", PhD thesis, Development Strategy Institute,

Ministry of Planning and Investment (8) Pham Van Binh (2015), theme "Housing

tax policy in Vietnam", PhD thesis, NEU; (9) Nguyen Quang (2009), "Study of housing sector profiles", UN-Habitat workshop on housing development in

Vietnam

2.3 Some issues of the thesis have not been published research works solve

First of all, the above-mentioned research works stop at evaluating the real

situation and experience in investment in housing development in general and urban houses in particular Specialized in the contents of State management of housing investment in urban areas in Vietnam today

Secondly, conditions for international environmental and environment

integration as well as new trends of state management of urban housing development have changed with the development of the economy world, so the effects of state management on housing development in urban areas should also be considered in the new conditions

Thirdly, the above research has not mentioned in depth the issues of state

management theory for investment in housing development in urban areas such as concepts, objectives, principles

2.4 Some thesis issues will focus research and solve

First: The thesis defines the basic contents to approach the situation and

assess the state management of investment in housing development in urban areas

in Vietnam;

Second: Situational analysis, factors affecting the state management of

investment in housing development in urban areas in time;

Third: Analyze, draw lessons learned from foreign experiences on state

management of housing development projects in urban areas for reference to Vietnam;

Fourth: Propose a system of some state management solutions are scientific

and feasible, propose amendments and supplements to a number of laws, some standards and related standards

3 Objectives and research questions of the dissertation

* Research objectives:

To build theoretical bases, analyze the current situation, propose directions and possible solutions to enhance the efficiency and effectiveness of the state management on investment in housing development in urban centers in Vietnam's urban centers

* Specific objectives:

- Systematic and theoretical framework to clarify the basis of State management theory of investment in housing development in urban areas

+ Clarifying concepts and contents of state management on investment in housing development in urban areas;

+ Building models and theoretical framework for management in state management of investment in housing development in urban areas in Vietnam; + Develop criteria for assessing effectiveness of state management of investment in housing development in urban areas in Vietnam

- Analyze and evaluate the state of the state management of investment in housing development in urban areas in Vietnam, such as:

+ Analysis and assessment of the current situation through the seven basic content built by the author in the theoretical part of the state management of investment in housing development in urban areas in Vietnam last time, to find The advantages, limitations, causes and problems that need to be resolved;

+ Analyzing factors influencing, investigating, surveying and evaluating the effectiveness and effectiveness of State management of housing development investment according to criteria;

+ Study international experiences to draw lessons, as well as point out the advantages, limitations and causes in the state management of investment in housing development in urban areas in Vietnam

- To propose some scientific and feasible solutions to improve the state management of investment in housing development in urban areas in Vietnam in the coming time

4 Subjects and scope of research

4.1 Research subjects

State management of investment in housing development in urban areas includes the implementation of the legal system and policies; strategic planning, construction and management of urban housing development plans; the elaboration, promulgation and management of technical standards and procedures and norms for investment in urban housing development; management of investment capital and the operation of the real estate market

4.2 Research scope

a Range of study on time

The thesis on the state management of urban housing development projects in Vietnam from 2003 to 2016

b Range of space

The thesis on urban development investment projects was collected through surveys in Hanoi and Ho Chi Minh City

c Scope of research content

The thesis limits the study of seven groups of contents of State management

of housing development in urban areas including: (1) Content of State management

of strategies and planning of housing development in urban areas; (2) Content group on construction and implementation of laws on investment in housing development in urban areas; (3) Content of State management on the order of investment in housing development in urban areas; (4) Content Group on State management of standards and standards for housing construction in urban areas;

(5) Content of State management to invest, mobilize capital for investment in housing development in urban areas; (6) Content of State management of housing market in urban area; (7) Content of State management for the inspection, examination and supervision of investment in housing development in urban areas

d Research duties

Research tasks of the thesis include: (1) Analysis of concepts, nature and characteristics of SM management of urban housing development; (2) Identify the contents of state management of housing development in urban areas in the context

of urbanization in Vietnam; (3) Assessment of state management on housing development in urban areas in Vietnam in the period 2003-2016; assess the strengths, limitations and causes of limitations; Analyzing the impact of the impact factor on state management on investment in housing development in urban areas; (4) Proposing measures to improve state management of housing development in urban areas

5 Approach and methodology

5.1 Approach

The dissertation approached from the perspective of the role of the state for housing development in urban areas to study and solve the problem of state management of investment in housing development in urban Vietnam In it, focus

on theoretical and practical issues according to the management process including strategic orientation, planning, policy formulation, law, administrative procedure, waste management standards, standards, approval, inspection and supervision

5.2 Method of collecting and processing information and data

a study materials

A combination of domestic and foreign studies related to research topics

b The method of data collection

- Primary data collection: (1) Interview with the open questionnaire about state management on investment in housing development in urban areas; Objects are leaders and staff working in agencies and organizations such as: Enterprises; Departments, departments, research institutes (2) The research was conducted through 450 questionnaires, of which 180 questionnaires were answered by telephone, 270 by interviewees, or by direct submissions investigate

- Secondary data collection: (1) Collect information from state management agencies on the management of the sectors (construction, land, finance, planning)

in selected cities; (2) Report of enterprises investing in housing development in urban areas; (3) collecting information on books, magazines, the Internet; Statistical data of ministries and sectors

c Methods of analysis, processing and analysis of survey data

- Thesis qualitative analysis

- Thesis on quantitative analysis

- The thesis uses the expert method, consulting the scientists on the contents related to the thesis topic

6 Theoretical and practical meanings of topic research

i) Theoretically

First: The thesis adds, completes, models and contributes to clarify the

theoretical framework and the state management in the field of housing investment

in urban areas in Vietnam today

Second: Defining the basic and important contents of state management in the

field of investment in housing development in urban areas in Vietnam, including the following contents: Formulation of investment strategy and planning housing

in urban areas; To formulate laws and policies on investment in housing development in urban centers; State management on the implementation of procedures; State management on standards and standards for investment in housing development in urban centers; SML on mobilizing investment capital for housing development in urban areas; State management of the housing market in urban areas; State management on the inspection and examination of investment in housing development in urban areas

Third: The thesis defines the criteria for assessing the suitability,

effectiveness, effectiveness and sustainability of state management of urban housing development

Fourth: The thesis identifies two groups of factors that affect the state

management of housing development in urban areas, including: Objective group, Subject group

Fifth: the thesis contains a summary of studies on housing management in some countries in the world that can serve as a practical basis to consider the application

of lessons learned in state management on housing development in urban areas in Vietnam

ii) Practically

The dissertation examines the situation as well as evaluates achievements, shortcomings and limitations of state management of investment in housing development in urban areas in Vietnam today;

The thesis has divided the basic management of state management of investment in housing development in urban areas in Vietnam today, and synthesized the achievements and limitations of each management group, aiming

to These achievements and shortcomings can be traced back to the analysis of the causes and general and specific solutions for each problem group

The research results of the thesis are the reference for further research on SM in the field of investment in housing development in urban areas

7 Structure of the thesis

Apart from the introduction, conclusions and recommendations, list of references, appendices, structural thesis consists of 03 chapters

CHAPTER 1 THEORY OF REASON DEVELOPMENT INVESTMENT DEVELOPMENT HOUSE IN URBAN

AREA

1.1 Concept of housing, urban area

1.1.1 Housing, characteristics of urban housing

1.1.1.1 Concept of housing

According to housing law No 65/2014 / QH13, housing is a building for the purpose of living and serving the needs of living of households and individuals The term "housing" defined in the Housing Law includes:

- A separate dwelling house is a dwelling house built on a separate residential land under the lawful use of an organization, a family household or an individual

- Condominiums are houses with 2 or more floors, with many apartments, common aisles, stairs, private ownership, common ownership and infrastructure system for common use by households Family, individual, organization

- Commercial houses are houses built for sale, lease or lease-purchase according to the market mechanism

- Official-duty house means a dwelling house used for the subjects entitled to stay in public-duty houses under the provisions of this Law while they are in charge of their posts or work

- Housing for resettlement is a dwelling house to be allocated to households and individuals who are entitled to resettlement when the State recovers residential land

- Social houses are houses with support from the State for beneficiaries of housing support policies under the provisions of this Law

1.1.1.2 Housing characteristics

Housing features the following:

First, housing is a fixed asset that has a life expectancy depending on the structure

and materials of the product; Usually life span is from 50 to 60 years and there are also cases of hundred years or more;

Second, housing is fixed in terms of architectural and structural shapes, as well as

equipment that is difficult to change; to renovate, upgrade, change architecture is very difficult and expensive;

Third, the demand for housing is very diverse, depending on the preferences as

well as the ability of each object; changing according to the development of the socio-economy;

Fourthly, for urban areas, housing is an important part of the system of technical

infrastructure, especially social infrastructure; has a strong impact on the face of the city

1.1.2 Urban area, housing urban area

1.1.2.1 Urban and urban areas

At present, the term "new urban area" is usually understood as a newly built residential area in accordance with the approved planning and synchronous technical infrastructure, including the housing system and public works Other for business or non-commercial use

1.1.2.2 Housing in urban areas

Houses in urban areas are high-rise buildings, villas and houses, built according to the approved planning, with synchronous technical infrastructure, including the housing system and infrastructure works Other public use for residential purposes, living of people and business

Urban dwelling houses are one of the residential complexes (apartment buildings, villas, adjoining houses), blocks of service works (electricity, water, lights, premises, trees ) and other public welfare facilities (internal roads, schools, health clinics )

1.1.3 To invest in the construction of urban centers and houses in urban centers

1.1.3.1 Invest in urban area

Under the provisions of Clause 8, Article 2 of the Government's Decree No 11/2013 / ND-CP of January 14, 2013 on urban development investment management, urban development investment projects are the first projects the construction of a project or a complex of works in the urban development area already decided and promulgated by competent authorities

Urban construction investment project is an investment project for the construction

of works (which may include dwelling houses, technical infrastructure, public works ) on a land plot allocated in the developed area The plan is approved by the competent authority

1.1.3.2 Invest in building houses in urban areas

With regard to the definition of housing construction investment projects, as stipulated in Clause 8, Article 3 and Clause 2, Article 17 of the Housing Law of

2014, housing construction investment projects shall sum up the relevant proposals the use of capital for the construction of new dwelling houses, technical and social infrastructure works in service of housing demand or for renovation or repair of dwelling houses in a certain place, including: Projects for investment in the construction of urban centers or mixed-use projects, with the land area reserved for the construction of dwelling houses; (2) Work construction investment project for mixed use for living and business purposes

1.1.3.3 Stakeholders in investment in housing development in urban areas

- Government

The state is the person (entity) responsible for building the legal system, creating the legal framework for investment activities of housing development in urban areas The State invests in the development of housing in urban areas as a macro manager of the activities of the housing market

- Building contractors

Contractors in the construction of urban housing development investment projects are organizations and individuals with full capacit

y for construction activities and capability for construction practice when participating in contractual relations to projects Investment projects to build houses in urban areas

1.1.4 Investment in housing development in urban areas

Investment in housing development in urban areas is an investment activity, forming all types of housing under the approved planning for each urban area in order to meet the housing demand of urban people, according to Business principles are investment activities in which the investor pays money to invest in the construction of houses in urban areas and infrastructure works in service of people's daily life in construction investment projects Build new urban areas, create new property for people's lives in urban or rural areas

1.1.5 State management of investment in housing development in urban areas

State management of investment in housing development in urban areas is the state management of the most common investment in housing development in urban areas of the country, is operating at the macro level, It is a continuous, organized and orientation effect that meets the objectives of the competent agencies in the process of investment in housing development in urban centers; Providing a favorable investment environment for investors, a comprehensive legal system, socio-economic measures, technical organization and other measures, from the preparation of investment to To finish the investment, to achieve the highest results and investment efficiency, to meet the situation of urban development, the demand of people compared to the urbanization speed of the country, and to implement Socio-economic objectives have been set

1.2 State management system, objectives and role of state management of investment in housing development in urban areas

1.2.1 State management system of investment in housing development in urban areas

State management of investment in housing development in urban areas is very large, involving many sectors and areas such as: natural resources, environment, fire prevention, security, national defense, top private, construction, transportation, industry,

Thus, the state management of housing development in urban areas is implemented

by the state through the system of state management apparatus, in association with the state power, specifically:

- The Government performs the unified State management of investment in housing development in urban areas throughout the country

- The Ministry of Construction is answerable to the Government for the unified State management of investment in housing development in urban areas

- The ministries and ministerial-level agencies shall, within the ambit of their tasks and powers, coordinate with the Ministry of Construction in performing the State management over investment in housing development in urban centers

- The People's Committees at all levels shall have to perform the State management over investment in housing development in urban centers in their respective localities according to the Government's decentralization

1.2.2 Objectives of state management of investment in housing development

in urban areas

The goal of State management of housing development in urban areas is through the operation of state management to ensure the investment projects for housing development in urban areas are implemented in accordance with the direction of housing development in each stage To implement the policies on housing and construction investment, to ensure the efficiency of investment, to fully meet and satisfy the demand of housing users in urban areas

1.2.3 The role and characteristics of state management of housing development investment in urban areas

1.2.3.1 The role of state management of investment in housing development in urban areas

- Contribute important to the realization of the objectives, ideas, policies and policies in society Through the function of execution and administration of the state administrative agencies on investment in housing development in urban areas

- Maintaining the role of social administration, adjusting social relations in the direction of unity; plays the role of arbitrator to deal with the macro-level conflicts with regard to housing development investment

- Support to stimulate development, maintain and promote the development of society: consolidate and develop the infrastructure system, intervene in the development of society through investment policy system To develop housing in urban areas, creating material material conditions for the development of the urban economy

- Produce material material conditions that affect social activities and adjust the social relations

1.2.3.2 Characteristics of state management of investment in housing development in urban areas

- State management of investment in housing development in urban areas often lasts for many years, from the construction of houses in urban areas to the management of the use of houses in urban areas after the completion of construction Build houses to exploit

- State management of investment in housing development in urban areas is closely related to state management of the use of capital, supplies and labor necessary for construction investment and development of various types of houses

in urban areas

- Objects of the State management of housing development in urban areas are medium- and large-scale projects that have direct and important impacts on the socio-economic development in the areas where the urban areas are built new Supervising, inspecting and examining the implementation of the State's laws and policies on investment in housing development and investment in new urban development regarding responsibilities of ministries and provincial / city

1.3 State management of investment in housing development in urban areas

1.3.1 Developing and announcing strategies and planning for investment in housing development in urban areas

1.3.1.1 To formulate strategies for investment in housing development in urban areas

Investment strategies for housing development in urban areas are expressed in the national housing development strategy in each period, specifically throughout the country and for each locality, ensuring the regulations of housing law and other related legal policies

1.3.1.2 Planning investment in housing development in urban areas

The State shall take the initiative in building and planning the development of the urban network in the whole country in the long-term and concretize it with plannings and plans on the construction of urban centers in each period in compatibility with the level Economic development in the country and in each place The State shall announce the planning and management of the process of implementation of planning on investment in housing development in urban centers

1.3.2 The State shall elaborate and implement the law and manage the regulations and standards in investment in housing development in urban centers

State management of construction and implementation of the law in the area

of investment in housing development in urban areas means the work, formulation and enforcement of laws and promulgation of legal documents issued by state agencies At the central level, localities also promulgated legal documents on investment in housing development in urban centers in order to manage activities

of investment in developing urban houses on the territory of the country their localities

1.3.3 State management of normative work - standards in investment in housing development in urban areas

Design standards, techniques in housing development in urban areas are also part of urban design, a dynamic and flexible field It's not like mechanical design

or building items that can be easily standardized, it's very different, depending on where you are with the particular space and in different regions Streamline the functions used in the urban public spaces

1.3.4 To exercise the State management over the order and procedures for investment in housing development in urban centers

The order for investment in housing development in urban areas must comply with the following basic procedures: (1) Proposing the investment policy of the project; (2) Selecting investors to implement the project in accordance with regulations; (3) To elaborate, appraise and approve detailed construction plannings; (4) Making, appraising and approving the project feasibility study report; (5) Prepare, appraise, approve the environmental impact assessment report, commit to protect the environment; (6) Land allocation, land lease, land recovery; (7) Making, appraising and approving technical designs and cost estimates; (8) granting construction permits; (9) Acceptance, handover of construction works; (10) Issuance of certificates of land use rights, ownership of houses and assets on land; (11) Settlement of investment

1.3.5 State management of mobilization of investment capital for housing development

1.3.5.1 Some sources of capital mobilized mainly for housing development investment

Major capital sources for investment in housing development in urban areas include: (1) bank capital and credit institutions; (2) mobilizing capital from bond issuance; (3) mobilizing capital through the issuance of real estate stocks from the stock market; (4) mobilizing foreign direct investment; (5) mobilize capital from idle money in the population; (6) mobilizing capital from customers (home buyers); (7) Establish trust funds for the housing and real estate markets

1.3.5.2 To exercise the State management over the mobilization of investment capital for development of houses in urban centers

State management of mobilizing capital for investment in housing development in urban areas is the State's development of a mechanism to mobilize capital in order

to meet the investment tempo, ensuring concentration and efficiency; To make the fullest use of land revenue sources, especially the projects on development of new residential quarters; Applying mechanisms of socialization of investment, mobilizing capital in many forms; mobilizing development assistance (ODA) capital, encouraging investors (individuals, organizations .) to invest in development

1.3.6 State management of the urban housing market

1.3.6.1 Market for housing in urban areas

The housing transaction market is the aggregation of housing relationships, which

is carried out through monetary commodity relations, takes place in a certain space and time, where transactions take place go home Buyers and sellers interact with each other to determine price and quantity of goods and services; Commodity trading is housing in urban areas

1.3.6.2 State management of the urban housing market

State management of the operation of the urban housing market is very important,

as the operation of this market is subject to strict regulation and adjustment of the system of legal documents and basic Subject to the laws of real estate business, housing law, civil law

1.3.7 Inspection and examination activities for investment in housing development in urban areas

The inspection and examination of investment in housing development in urban centers aims to supervise the observance of policies and law on investment

in construction of houses in urban centers The inspection and examination in urban development investment in Vietnam now based on the legal norms of construction inspection, is reflected in the legal documents (Law on Construction, Law The Law on Land, the Law on Housing, the Law on Real Estate Business, the Law on Urban Planning), subordinate documents (decrees, circulars, decisions)

1.4 A number of criteria for assessing the effectiveness and efficiency of state management of housing development investment in urban areas

Table 1.1 Criteria for evaluating the effectiveness and efficiency of state management on investment in housing development in urban areas

Criteria Symbol Evaluation criteria

HL1 Level of response to transparency and transparency of urban development

projects HL2 The level of completeness and uniformity of the legal system in the field of