National land use plan revised to boost economy, protect environment
This initiative lays the foundation for Vietnam to achieve its goal of becoming a developed, high-income country by 2045.
Topic: land
Vietnam Fast-Tracks Land Law Implementation to Spur Economic Growth
Hanoi Accelerates 2024 Land Law Rollout, Pilots Groundbreaking Policies
Vietnam's Land Finance Overhaul: New Decree Seeks to Streamline Fees, Rent
Aimed at promoting transparency and easing burdens for businesses, Vietnam's government proposes a revised decree to address complexities in land use fees and rental policies.
Ba Ria-Vung Tau to auction land plots for commercial use
Huge demand exists for land in the southern province for trade and services.
57 localities connect land data with national database
National database expected to be completed in June.
Over 2,600 organizations and individuals violating land regulations
Ministry of Natural Resources and Environment conducted 1,400 land inspections over last three years.
Quang Ngai to auction more than 36,000 sq m of land
The Quang Ngai Provincial People’s Committee has decided to auction land use rights for more than 28,000 sq m in a residential area project north of Huynh Thuc Khang Street in Quang Ngai city, for the construction of commercial housing projects. The central province previously announced the auction of land use rights for 53 plots of land in the Go Dua Residential Area in Duc Pho town, with a total area of nearly 8,000 sq m.
Budget revenue from land and personal income taxes exceed plans
The Ministry of Finance has said that of the five revenue sources that exceeded estimates in the first nine months, the collection of house and land taxes did so by 18.4 per cent and the collection of personal income taxes by 8.8 per cent. However, many analysts believe that budget revenue from land is still quite low compared to many other countries.
Soc Son district in Hanoi preparing to auction 12 land plots
The Soc Son District People’s Committee in Hanoi has said it is preparing to auction 12 land plots in Huong Dinh Doai and Huong Dinh Dong hamlets in Mai Dinh commune. The auction is expected on October 2, at the district office. Many districts in Hanoi have recently held land auctions, with Me Linh district being especially active.
Taxation to curb land speculation
In regard to the draft revised Land Law, the Ministry of Natural Resources and Environment (MoNRE) has said that it will not tax those with many houses but on the use of the land. High tax rates will be imposed on speculators who buy land and projects but then do not invest, instead waiting for the market to increase to sell for profit.