01:05 | 25/06/2023

How to determine the starting prices of auctioned land plots in Vietnam in 2023? Must the land use right auction decision be made in writing?

How to determine the starting prices of auctioned land plots in Vietnam in 2023? Must the land use right auction decision be made in writing? Question of Mr. Hai in Binh Thuan.

How to determine starting prices of auctioned land plots in Vietnam in 2023?

Pursuant to Clause 1, Article 9 of Joint Circular No. 14/2015/TTLT-BTNMT-BTP guiding as follows:

Determining and approving starting prices of auctioned land plots
1. According to the decision on auction, the Service of Natural Resources and Environment shall determine starting prices of the auctioned land plots (including land price, infrastructure, property on land (if any)) as prescribed and submit the People’s Committee of central-affiliated city or province (hereinafter referred to as People's Committee of province) for approval.
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3. According to documents submitted by the Service of Natural Resources and Environment, the People’s Committee of province shall approve the starting price of the auctioned land plot. The approved starting price of auctioned land plot shall be the basis for the auction.

Thus, the determination of starting prices of auctioned land plots shall base on the decision on auction, and the Service of Natural Resources and Environment shall determine starting prices of the auctioned land plots, including land price, infrastructure, property on land (if any), as prescribed and submit the People’s Committee of central-affiliated city or province for approval.

According to documents submitted by the Service of Natural Resources and Environment, the People’s Committee of province shall approve the starting price of the auctioned land plot.

The approved starting price of auctioned land plot shall be the basis for the auction.How to determine the starting prices of auctioned land plots in Vietnam in 2023? Must the land use right auction decision be made in writing?

How to determine starting prices of auctioned land plots in Vietnam in 2023? Must the land use right auction decision be made in writing?

What are the documents on approval for starting prices of auctioned land plots in Vietnam?

Pursuant to Clause 2, Article 9 of Joint Circular No. 14/2015/TTLT-BTNMT-BTP on the documents on approval for starting price of an auctioned land plot as follows:

Determining and approving starting prices of auctioned land plots
2. Documents on approval for starting price of an auctioned land plot include:
a) A statement of plan for starting price of the auctioned land plot, price of infrastructure and property on land (if any);
b) A draft plan for starting price;
c) A description of formulating plan for starting price;
b) An assessment of plan for starting price.

Thus, the documents on approval for starting price of an auctioned land plot include:

- A statement of plan for starting price of the auctioned land plot, price of infrastructure and property on land (if any);

- A draft plan for starting price;

- A description of formulating plan for starting price;

- An assessment of plan for starting price.

Must the land use right auction decision be made in writing?

Pursuant to Article 8 of Joint Circular No. 14/2015/TTLT-BTNMT-BTP stipulating as follows:

Decision on auction
1. According to the documents on auctioned land plots prepared by the auction authority and assessment of the natural resources and environment, the competent People’s Committee shall decide the auction.
2. The decision on auction shall be made in writing and contain the following contents:
a) Legal basis for decision;
b) List, location, area, infrastructure, property on auctioned land plots (if any), purposes, method and land use terms of the auctioned land plots.
c) Information about land-use zoning and detailed construction planning approved by the competent agency and other regulations on management and use of the auctioned land plots;
d) Name and address of the auctioned authority.

Thus, the decision on auction shall be made in writing and contain the following contents:

- Legal basis for decision;

- List, location, area, infrastructure, property on auctioned land plots (if any), purposes, method and land use terms of the auctioned land plots.

- Information about land-use zoning and detailed construction planning approved by the competent agency and other regulations on management and use of the auctioned land plots;

- Name and address of the auctioned authority.

According to the documents on auctioned land plots prepared by the auction authority and assessment of the natural resources and environment, the competent People’s Committee shall decide the auction.

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