Vietnam: Guidelines for performing site clearance and relocation of Hoa Lac Hi-Tech Park

10:38, 18/04/2018

On March 30, 2018, the Minister of Finance of Vietnam issued Circular No. 32/2018/TT-BTC providing guidelines for the Government's Decree No. 74/2017/ND-CP on specific policies for Hoa Lac Hi-Tech Park (HHTP).

According to Circular No. 32/2018/TT-BTC of the Ministry of Finance of Vietnam, the site clearance and relocation shall be performed under the provisions of Clause 4 and Clause 5 Article 4 of Decree No. 74/2017/ND-CP and elaborated as follows:

- The Management Board shall receive adequate funding for performing the site clearance works from the central-government state budget;

- Land levies paid by households that are allocated land in relocation areas and service land plots funded by the central-government state budget as prescribed in Clause 4 Article 4 of Decree No. 74/2017/ND-CP shall be fully paid to the city-government state budget.

- Statements of compensation, support and relocation projects implemented to serve the site clearance works of HHTP shall be carried out under the provisions of Circular No. 09/2016/TT-BTC of the Ministry of Finance of Vietnam providing regulation on finalization of completed projects funded with State capital.

View detailed guidance at Circular No. 32/2018/TT-BTC of the Ministry of Finance of Vietnam, effective from May 15, 2018.

- Thanh Lam -

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE

25 lượt xem

- The legal regulations in this article are according to Vietnamese Law;
- This English translation is for reference purposes only and not a definitive translation of the original Vietnamese texts;
- Articles may be compiled from a variety of sources;
- Applicable Terms may have expired at the time you are reading;
- If you have any questions about the copyright of the article, please contact us via email banquyen@lawnet.vn