On August 23, 2024, the Ministry of Natural Resources and Environment of Vietnam issued Official Dispatch 5774/BTNMT-QHPTTND amending and supplementing the land price table in accordance with land law in Vietnam.
Below are the guidelines for calculating the land prices according to the Ho Chi Minh City land price list issued with Decision 02/2020/QD-UBND dated January 16, 2020, by the People's Committee of Ho Chi Minh City.
The details regarding the procedures for formulation of land price lists and the latest 13 types of land prices in Vietnam are stipulated in Decree 71/2024/ND-CP on land prices issued on June 27, 2024.
To submit to the Government for promulgation a Decree amending the Decree related to land price determination in Vietnam is the notable point specified in Official Telegram 469/CD-TTg dated May 25, 2023 on dismantling and promoting the safe, healthy and sustainable development of the real estate market.
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