What is organization of operations management system (OMS) of information on housing and real estate market in Vietnam?

What is organization of operations management system (OMS) of information on housing and real estate market in Vietnam? What are regulations on managing the system of information on housing and real estate market in Vietnam? 

Please advise according to the latest regulations. Thank you.

What is organization of operations management system (OMS) of information on housing and real estate market in Vietnam?

Pursuant to Article 22 of Decree 44/2022/ND-CP (effective from August 15, 2022) stipulating organization of operations management system (OMS) of information on housing and real estate market, as follows:

1. The Ministry of Construction shall use the system and staffs assigned to manage and operate the central system; organize training in professional skills for officials assigned to manage and operate the central and local system .

2. The Departments of Construction shall use the system and staffs assigned to make plans for organizing the system, arrange officials meeting requirements for managing and operating the local system but do not increase the staffing system and report them to the provincial People’s Committees.

3. Regulatory authorities of the system are allowed to lease information technology infrastructures as prescribed by laws on state budget and laws on procurement.

4. The selection of organizations eligible for implementation of some contents of development and management of the system as prescribed by laws on state budget, laws on public investment, laws on procurement, laws on cyberinformation security, laws on network security and regulations on management of the investment in information technology application funded by the state budget, including:

a) Development and provision of information technology infrastructure services;

b) Development and provision of software systems for management, operation and exploitation;

c) Management and operation of host computers, informatics equipment, computer networks, other operations and techniques for information systems;

d) Investigation for development of databases on housing and real estate market.

5. Organizations selected to develop and manage the system must have enough experience in operation, human resources, equipment and other requirements suitable for their assigned tasks prescribed in clause 4 this Article.

Organizations selected must be responsible before laws for their assigned tasks according to regulations herein and other relevant regulations of laws.

What are regulations on managing the system of information on housing and real estate market in Vietnam?

In Article 23 of Decree 44/2022/ND-CP (effective from August 15, 2022), managing the system of information on housing and real estate market is regulated as follows:

1. The Ministry of Construction shall uniformly manage the system.

2. Local Departments of Construction shall manage the local system.

3. Regulatory authorities of the system shall provide instructions on sharing, providing, collecting, updating, processing, storing, preserving, operating and using information and data on housing and real estate market; prescribe financial regimes for collecting, updating, processing, managing, operating and using the system; ensure adequate and prompt provision of funding for development and operation of the system.

4. Regulatory authorities of the system shall develop and implement solutions for information security and safety; directly carry out or assign qualified organizations to undertake the management and operation of servers, computer equipment and computer networks and to ensure the operation of the system; grant and assign access rights to authorities, organizations and individuals to declare, share, provide information and data, operate and use information and data on housing and real estate market.

5. Upon adjusting information or data on the system:

On the basis of writing requests of authorities or organizations for adjusting information or data which is shared or provided, regulatory authorities of housing and real estate market shall be responsible for cooperation in inspecting, reviewing, adjusting, updating and adding for the purpose of ensuring the conformity, efficiency and accuracy of information and data on housing and real estate market.

Best Regards!

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