Topic: land use auctions

The city plans to fetch over $136 million from auctions of land use rights in 2023

The city plans to fetch over $136 million from the acutions of land use rights in 2023

Many localities are announcing the auction of land use rights as the end of the year approaches. Northern Nam Dinh province will auction 74 land plots, the central highlands’ Dak Lak province 52 land plots, and northern Quang Ninh province 17 land plots. These auctions are being conducted openly, honestly, and equally, and protecting the legitimate rights and benefits of participating parties.

According to the Management Board of the Land Fund Development Center in central Quang Binh province, total proceeds from the auction of land use rights throughout the province in the first half of 2022 reached nearly VND3.9 trillion ($167.76 million), up 104.5 per cent year-on-year.