To collect opinions of businesses on 8 key contents of the draft Land Law

To collect opinions of businesses on 8 key contents of the draft Land Law
Trần Thanh Rin

The Government of Vietnam issued Resolution a href="" class="green-text" target="_blank" >170/NQ-CP dated December 31, 2022 on the Plan for People's Comments on the Draft Land Law (amended).

Specifically, the key contents when consulting enterprises, cooperatives, business households, and other economic organizations in Vietnam on the draft Land Law (amended) include:

(1) Cases in which the state leases land for a one-time payment for both the lease period and the annual rental payment;

(2) Regulations on compensation and support when the state recovers land;

(3) Cases of auctions of land use rights, bidding for projects using land;

(4) The use of land to implement investment projects through an agreement on land use rights;

(5) The right to transfer or mortgage the lease right in a land lease contract with an annual payment;

(6) Principles for determining land prices, land price lists, and specific land prices;

(7) Cases of exemption or reduction of the land use levy and land rent;

(8) Land use regime in industrial zones

(Clause 2, Section II, of the plan issued together with Vietnam's Resolution 170/NQ-CP)

The period for consulting enterprises on the draft Land Law (amended) starts on January 3, 2023, and ends on March 15, 2023.

More details can be found in Vietnam's Resolution 170/NQ-CP, which takes effect from the date of signing.


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