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Update news land management
HCM City is proposing a new policy that would allow authorities to reclaim land left vacant for more than 12 months, even if landowners have paid required fees. The move aims to prevent land waste and boost urban development.
HCM City has established a comprehensive framework for the management of villas, aimed at ensuring efficient and sustainable utilisation of this valuable asset.
A new resolution by the National Assembly outlines policies to address legal obstacles for dozens of real estate projects in Ho Chi Minh City, Da Nang, and Khanh Hoa.
HCM City expects to auction VNĐ164 trillion (US$6.4 billion) of land near canals after relocating residents currently occupying the areas by 2030.
Adjustments to land prices in Ho Chi Minh City have caused annual land rental costs to rise significantly, with increases exceeding 50% in some categories.
Under architectural management regulations effective from January 10, multi-story buildings will be prohibited in certain areas in Hanoi.
Prime Minister Pham Minh Chinh has directed a comprehensive crackdown on property speculation and price manipulation to stabilize Vietnam’s real estate market.
In 2023, land auctions encountered difficulties and many localities had to stop auctions because of the lack of participants, while in 2024, many auctions were organized where unexpected events occurred.
Business leaders have raised concerns over disparities in Vietnam’s land pricing policies, particularly the unequal treatment of commercial-service land compared to residential land under the 2024 Land Law.