Chapter VIII
DEVELOPMENT AND MANAGEMENT OF HOUSING AND REAL ESTATE MARKET INFORMATION SYSTEM AND DATABASE
Article 71. Housing and real estate market information system
1. The housing and real estate marketing information system is developed in a centralized and uniform manner on a nationwide scale; must be capable of connecting and sharing data with the national land database and databases of Ministries, central-government authorities, local governments and other relevant authorities for updating, sharing and using information on housing and real estate market, and developing the system of national databases as the basis for development of e-Government.
2. The housing and real estate marketing information system is composed of the following elements:
a) IT infrastructure system;
b) Software system serving management and operation of the information system, and use of information on housing and real estate market contained therein; and
c) Housing and real estate market database.
Article 72. IT infrastructure and software systems serving management, operation and use of housing and real estate market information system
1. The housing and real estate market IT infrastructure system is a set of basic equipment, including computers, network devices, devices for ensuring cybersecurity, cyberinformation security and database, storage devices, peripheral devices and auxiliary devices, local area network.
2. The software system serving management and operation of the housing and real estate market information system, and use of information contained therein includes operating system, database management system and application, cybersecurity and cyberinformation security software programs.
3. The Government shall elaborate this Article.
Article 73. Housing and real estate market database
1. The housing and real estate market database is developed in conformity with the architecture frameworks of both Vietnam’s e-Government and local e-governments, and meets database standards, relevant national technical regulations and standards, IT requirements, and technical-economic norms.
2. Housing and real estate market database includes:
a) Database on legislative documents on housing and real estate market;
b) Database on housing development programs and plans; housing-related support programs;
c) Database on programs on survey and statistical reporting on housing and real estate, on management and use of housing and residential land;
d) Database on housing and real estate; housing and real estate projects;
dd) Database on number of real estate transactions, transaction value, housing and real estate business contracts;
e) Database on real estate services;
g) Other databases in the field of housing and real estate market.
3. The Government shall elaborate this Article.
Article 74. Development, management and operation of housing and real estate market information system
1. Information contained in the housing and real estate market database shall have the same legal effect as that contained in physical documents when they are electronically certified by competent authorities in accordance with the Law on E-Transactions.
2. Ministries, ministerial agencies, central-government authorities, local governments, and relevant authorities and organizations make connections between specialized databases, including the national land database, notarization database and other relevant databases, with the housing and real estate market database for the purposes of updating, sharing, accessing and using information. Such connections must be made in an efficient and safe manner conformable with their assigned functions, tasks and powers as prescribed in this Law and relevant laws.
3. The Ministry of Construction of Vietnam shall:
a) organize development, management and operation of IT infrastructure and software systems serving management and operation of housing and real estate market information system, and use of information contained therein;
b) develop, update, manage and operate the housing and real estate market database nationwide;
c) connect and share information between the housing and real estate market database and information systems and databases of Ministries, ministerial agencies, and local governments, and provide information for organizations and individuals;
d) disclose information on housing and real estate market nationwide which is contained in the housing and real estate market information system.
4. Ministries, ministerial agencies, central-government authorities and relevant authorities shall connect and share the following data, baseline survey results and information concerning housing and real estate market with the Ministry of Construction of Vietnam for updating the housing and real estate market database:
a) information/data on foreign direct investment capital in real estate sector;
b) information/data on outstanding credit debts incurred from real estate business activities;
c) information/data on issuance of corporate bonds for raising capital for real estate business;
d) information/data on taxes incurred from real estate business;
dd) information/data on land in respect of issuance of certificates of LURs and ownership of property on land in accordance with regulations of the Land Law;
e) information/data on number of notarized or certified real estate transactions and values of such transactions;
g) information/data on national programs for survey and statistical reporting on housing.
5. Each provincial People’s Committee shall:
a) organize development, updating, management and operation of local housing and real estate market database;
b) disclose information on housing and real estate market of their province or city, which is contained in the housing and real estate market information system, and assume responsibility for such disclosed information;
c) connect, share and provide information/data on housing and real estate market of their province or city with and for other authorities and organizations.
6. Relevant organizations and individuals shall provide information/data on housing and real estate market in an adequate, accurate and timely manner as prescribed.
7. The Government shall elaborate this Article.
Article 75. Operation of housing and real estate market information system
1. Access to and use of information on housing and real estate market must comply with the provisions of this Law, the Law on Access to Information, and relevant laws.
2. Information contained in the housing and real estate market database shall be used in the following cases:
a) Authorities, organizations and individuals are allowed to access and use information disclosed or made publicly available on the housing and real estate market information system;
b) Specialized database managing authorities, regulatory authorities, political organizations, and socio-political organizations are allowed to use information contained in the housing and real estate market database within the ambit of their assigned functions, tasks and powers;
c) Use of information contained in the housing and real estate market database in cases other than those specified in points a and b of this clause shall comply with the Government’s regulations.
3. The Government shall elaborate points and b clause 2 of this Article.
Article 76. Funding for development, management and operation of housing and real estate market information system
1. Funding for developing and upgrading IT infrastructure system, software system serving management and operation of the housing and real estate market information system, surveys and collection of information, database development and maintenance of regular operation of the housing and real estate market information system shall be allocated by the state budget in accordance with regulations of the Law on State Budget, the Law on Public Investment, and other funding sources in accordance with regulations of law.
2. Qualified organizations and individuals are encouraged to make investment in construction and provision of IT infrastructure system services; provide application software to serve the development of the housing and real estate market database and use of information/data.
3. The Minister of Finance of Vietnam shall provide specific regulations on use funding for development, surveys and collection of information, updating, maintenance and operation of housing and real estate market information system and database; guidelines for determination of prices of housing and real estate market information/data services in accordance with regulations of the Pricing Law; guidelines for management and use of revenues earned from provision of housing and real estate market information/data services.
Tìm kiếm
Luật kinh doanh bất động sản 29/2023/QH15 (Bản Word)
Luật kinh doanh bất động sản 29/2023/QH15 (Bản Pdf)
