Topic: land auction

Efforts will be focused on completing procedures to auction three large land plots in Long Thanh district.

The Hanoi People’s Committee has recently issued Document No. 2807/UBND-TNMT on strengthening land management. A plan for the 2021-2030 period and vision to 2050 is to be completed shortly and submitted to competent authorities for approval, with strict management and control over land auctions.

Hanoi collected more than VND3 trillion ($128 million) from the auction of land use rights in the first half of the year, or nearly 25 per cent of the plan. It is now preparing to auction land use rights for 143 projects and land plots on a total area of 87 ha.