Circular 20: Regulations on the content of compilation of the land price list in Vietnam

On April 27, 2015, the Ministry of Natural Resources and Environment issued Circular 20/2015/TT-BTNMT on economic - technical norms for preparing state budget estimates for land pricing.

Regulations  on  the  Content  of  Work  for  Developing  Land  Price  Tables,  Circular  20/2015/TT-BTNMT

Circular 20: Regulations on the content of compilation of the land price list in Vietnam (illustration)

Circular 20/2015/TT-BTNMT stipulates the structure of the usage level of tools according to the content of the work for compilation of the land price list, defined in the following table:

No. Content of work Structure (%)
Internal work External work
1 Preparation work 2.58  
2 Survey, investigation, collecting market land price information; natural, socio-economic factors, land management, and usage affecting land prices at the survey point 50.76 100.00
2.1 Investigate and collect information on natural, socio-economic factors, land management, and usage affecting land prices 11.28  
2.2 Survey, investigate, collect market land price information using survey forms   100.00
2.3 Check, review, and categorize survey forms 11.28  
2.4 Determine land prices of various positions 5.64  
2.5 Statistically summarize market land prices 5.64  
2.6 Prepare reports on the situation and results of land price investigations at each survey point 16.92  
3 Summarize results of surveys and market land price information collection at the district level 13.92  
4 Consolidate results at the provincial level and evaluate the current land price list implementation 4.75  
5 Develop land price list 26.10  
5.1 Develop land price list 19.78  
5.1.1 Land price list for annual cropland including rice cultivation land and other annual cropland 0.79  
5.1.2 Land price list for perennial cropland 0.79  
5.1.3 Land price list for production forest land 0.79  
5.1.4 Land price list for aquaculture land 0.79  
5.1.5 Land price list for salt production land 0.79  
5.1.6 Land price list for residential land in rural areas 3.16  
5.1.7 Land price list for commercial land in rural areas 1.58  
5.1.8 Land price list for non-agricultural production and business land, not commercial land in rural areas 1.58  
5.1.9 Land price list for residential land in urban areas 4.75  
5.1.10 Land price list for commercial land in urban areas 2.38  
5.1.11 Land price list for non-agricultural production and business land, not commercial land in urban areas 2.38  
5.2 Handle land prices in adjacent areas 3.16  
5.3 Prepare explanatory reports for the development of the land price list 3.16  
6 Finalize the draft land price list 1.58  
7 Print, duplicate, archive, and publish the land price list 0.31  
  Total 100.00 100.00

Details are available at Circular 20/2015/TT-BTNMT, effective from June 12, 2015.

Ty Na

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