Ho Chi Minh City Real Estate Association (HoREA) has just sent a document to the Prime Minister; Ministry of Planning and Investment on “Comments on the draft Decree detailing a number of articles and measures to implement the Bidding Law on selecting investors to implement investment projects using land”.
Notably, HoREA suggests clearly distinguishing the difference between “bidding for projects using land to select investors” and “auctioning of land use rights” and “bidding to select construction contractors.” construction”. The biggest difference between “bidding for projects using land to select investors” is the purpose of selecting the investor with the best capacity. First of all, have the best financial capacity and have the most reasonable and feasible plans, solutions, and project implementation progress among the bidding investors.
HoREA recommends a clear distinction between bidding and auction.
According to HoREA, both methods “bidding for projects using land to select investors” and “auctioning land use rights” have the same purpose of selecting the most qualified investor, but each method consciousness has different specific purposes.
For the “auction of land use rights” method, the purpose is to select the investor with the highest bid, in other words, to “sell” land use rights at the highest price to collect state budget.
However, the method of “bidding for projects using land to select investors” has the purpose of selecting the investment project with the best quality, bringing the greatest socio-economic efficiency. and select the most capable investor, first of all must have financial capacity, have the most reasonable and feasible plans, solutions, and progress among the bidding investors.
Also according to HoREA, currently, due to regulations in the Land Law 2024, investors only allow investors to agree to transfer residential land use rights or have the right to use residential land or residential land and other land to implement projects. commercial housing, so it can be said that implementing the method of “bidding for projects using land to select investors” is the main, most important, and most feasible method of accessing land for developers. Invest to implement urban area projects and large-scale commercial housing projects.
Because, with a mechanism similar to public-private partnerships, winning investors advance capital to competent state agencies to carry out compensation, support and resettlement work. According to the provisions of the Land Law 2024 within 36 months from the date of issuance of the decision to recognize the winning bid results or another period according to the contract signed with the competent state agency or competent People’s Committee. Compensation, support, and resettlement must be completed in order to allocate and lease land to the winning investor.
At the same time, HoREA found that the method of “bidding for projects using land to select investors” is implemented in two cases: land plots, land plots with detailed planning at a scale of 1/500 or plots Land and land areas only have zoning plans at 1/2000 scale.
https://www.worldysnews.com/horea-recommends-a-clear-distinction-between-bidding-and-auction-of-land-use/
Exploring the Investment Opportunities of Berkshire Hathaway, Micron, and Beyond
Companies Making Headlines in Midday Trading
Here are the latest updates on companies making headlines in midday trading:
Berkshire Hathaway
Class A shares of Berkshire Hathaway saw a 0.6% increase after the release of first-quarter results and the annual shareholders meeting. The company reported a 39% rise in operating profit and is nearing $200 billion in cash holdings.
Micron Technology
Micron Technology, based in Boise, Idaho, experienced a 4.5% surge following an upgrade from Baird to outperform from neutral. The upgrade was attributed to positive trends in dynamic random-access memory (DRAM) pricing and increased demand for high-bandwidth memory.
Spirit Airlines
Spirit Airlines faced a 9% decline after reporting a first-quarter loss of $1.46 per share, exceeding analyst estimates. The company also projected second-quarter revenue below expectations.
Paramount
Paramount shares rose by 3.3% amid reports of acquisition negotiations with a group led by Sony Pictures Entertainment and Apollo for Paramount Pictures and CBS Entertainment Group.
United States Steel
United States Steel witnessed a more than 2% increase following an upgrade from Morgan Stanley to overweight from equal weight. The company’s shares are expected to rise due to internal improvements.
Medical Properties Trust
Medical Properties Trust saw a nearly 7% drop after a major tenant, Steward Health Care, filed for Chapter 11 bankruptcy.
EHang Holdings
EHang Holdings, an autonomous aircraft company, surged by 9% after receiving an overweight rating from Morgan Stanley, citing favorable regulatory support in China.
Tyson Foods
Tyson Foods experienced a 6% decrease after reporting lower-than-expected revenue in its fiscal second quarter.
Bausch + Lomb
Shares of Bausch + Lomb rose by 4.4% following an upgrade from Morgan Stanley to overweight, highlighting the company’s progress in improving core profit margins.
Coinbase
Coinbase shares increased by 2.5% after Barclays raised its price target, indicating a positive outlook for the company.
Li Auto
Chinese electric vehicle maker Li Auto gained 2.3% after reporting strong orders for its L6 vehicles, with orders exceeding 41,000 in a recent period.
Victoria’s Secret
Victoria’s Secret shares rose by nearly 2% despite a downgrade from Morgan Stanley to underweight, citing expectations for negative earnings per share revisions.
Stock Market Updates
Recent market movements have seen some interesting shifts in various companies:
United States Steel
The Pittsburgh-based steelmaker experienced a 2% rise in shares following an upgrade by Morgan Stanley. The company’s internal improvements are expected to drive further growth, even if the Nippon Steel buyout deal falls through.
Medical Properties Trust
Shares of Medical Properties Trust dropped nearly 7% after a major tenant, Steward Health Care, filed for Chapter 11 bankruptcy.
EHang Holdings
The autonomous aircraft stock surged 9% after receiving an overweight rating from Morgan Stanley. The company is poised for growth amidst increasing regulatory and governmental support in China.
Tyson Foods
Tyson Foods saw a 6% drop in shares after falling short of revenue expectations in its fiscal second quarter. However, the company reported earnings that exceeded analyst estimates.
Bausch + Lomb
Shares of Bausch + Lomb rose 4.4% following an upgrade by Morgan Stanley. The market may be underestimating the company’s progress in improving core profit margins.
Coinbase
Coinbase’s stock rose 2.5% after Barclays raised its price target, indicating a positive outlook for the company. This comes after Coinbase reported better-than-expected earnings.
Li Auto
The Chinese electric vehicle maker Li Auto gained 2.3% after reporting strong orders for its L6 vehicles. Orders exceeded 41,000 in the recent period, according to a Weibo post.
Victoria’s Secret
Victoria’s Secret saw a nearly 2% increase in shares after an initial dip. However, Morgan Stanley downgraded the company to underweight, citing expectations for negative earnings per share revisions.
These market movements reflect the dynamic nature of the stock market and the various factors that can influence investor sentiment.
The Impact of Technology on Modern Society
In today’s fast-paced world, technology plays a crucial role in shaping modern society. From communication to healthcare, technology has revolutionized the way we live our lives. This article explores the various aspects of technology’s impact on society.
Communication
One of the most significant impacts of technology on modern society is in the realm of communication. With the advent of smartphones and social media platforms, people can now connect with others from around the world instantly. This has led to a more interconnected global community.
Healthcare
Technology has also greatly improved healthcare services. Medical advancements such as telemedicine and wearable health devices have made it easier for individuals to monitor their health and seek medical assistance when needed. This has resulted in better healthcare outcomes and increased access to medical services.
Education
The field of education has also been transformed by technology. Online learning platforms and educational apps have made learning more accessible and interactive. Students can now access a wealth of information at their fingertips, making education more engaging and personalized.
Workforce
Technology has reshaped the workforce by automating tasks and increasing efficiency. While some jobs may become obsolete due to automation, new opportunities in fields such as data science and artificial intelligence have emerged. It is essential for individuals to adapt to these changes and acquire new skills to stay competitive in the job market.
Conclusion
In conclusion, technology has had a profound impact on modern society, influencing various aspects of our lives. It is crucial for individuals to embrace technological advancements and leverage them to improve their quality of life. By staying informed and adapting to changes, we can navigate the ever-evolving landscape of technology and society.
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Exploring the Investment Opportunities of Berkshire Hathaway, Micron, and Beyond
Semiconductor Sector Boosting Nasdaq Index to New Heights
[이데일리 이주영 기자]The Nasdaq index is rising due to the performance of the semiconductor sector. At 11:45 am on the 6th (local time), the Nasdaq index rises 0.74% from the previous trading day.
At the same time, the S & P 500 index rose 0.6%, while the Dow index, on the other hand, reduced its progress and remained in the strong combined range of 0.15%.
Although the impact of this week’s economic indicators is very small, the market is expected to pay more attention to the performance of individual stocks such as Lucid, Rivian, and Disney, as well as comments from members of the Federal Reserve Board.
Meanwhile, Micron Technology is showing strong performance thanks to favorable reviews from securities firms, and the semiconductor sector is also on the rise.
Before the market opened that day, Baird assessed that Micron Technology (MU) had risen more than 30% this year, but there was still room to rise further.
Additionally, reflecting these expectations, the target stock price was raised from $115 to $150.
This means that there is room for an additional increase of 30% compared to the closing price of the previous trading day.
Due to favorable reviews from securities companies, Micron Technology is rising more than 4% on this day, and AMD (AMD) and Nvidia (NVDA) are also rising more than 3% each.
Spirit Airlines ( SAVE ) reported mixed quarterly results before the market opened today, forecasting second-quarter sales of between $1.2 billion and $1.34 billion, well below Wall Street’s estimate of $1.46 billion.
Due to this disappointment, the stock price drops by 9.8%.
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#NASDAQ #boosts #gains #strong #performance #semiconductor #stocks.. #Micron #strong
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