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.
Specifically, the Prime Minister of Vietnam requested the Ministry of Natural Resources and Environment to advise and submit to the Government for promulgation a Decree amending and supplementing Decree 44/2014/ND-CP according to the simplified procedure for amending and supplementing the order and procedures for determining the specific land price to apply in case the provincial People's Committee authorizes the district People's Committee to decide the specific land price, submit to the Government for promulgation before June 30, 2023.
And promptly guide localities to solve problems related to land price determination.
In addition, in order to promote the safe, healthy, and sustainable development of the real estate market, the Ministry of Natural Resources and Environment of Vietnam shall focus on performing the following tasks:
- Reviewing shortcomings and problems of Circulars to amend and supplement according to their competence, especially Circular 36/2014/TT-BTNMT to urgently amend, supplement, and promulgate in June 2023 together with the Decree amending and supplementing Decree 44/2014/ND-CP.
- Directing, urging, and guiding localities to remove difficulties and obstacles in land price determination, planning, and the annual land use plan; especially at the district level, and the implementation of compensation and site clearance, before June 30, 2023.
- Inspecting and urging localities to urgently issue specific regulations according to their competence to effectively implement the provisions of the law on land, such as:
Specifying conditions for separation of land plots, conditions for consolidation of land parcels according to each type of land, and the minimum area to be divided for each type of land... before June 15, 2023.
- Proposing solutions to remove difficulties for the real estate market in the field of management for problems arising, beyond the authority.
In case it is required to report to and consult the Prime Minister of Vietnam, it must clearly propose solutions, based on the principle that the problem falls within the competence of the level at which it must be resolved.
More details can be found in Official Telegram 469/CD-TTg dated May 25, 2023.
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