return icon

Hanoi authorities to inspect farmstay projects, land violations

The Hanoi People’s Committee has assigned the Department of Natural Resources and the Environment to set up a taskforce to inspect farmstay projects and deal with land law violations.

The decision was released after the municipal authorities received a document from the Ministry of Natural Resources and the Environment (MONRE) asking to examine land violations related to the farmstay model.






The Government Office in July released a document conveying the Prime Minister’s request to check information in newspapers about the increasing number of farmstays.

Local newspapers reported that farmstays have been developing rapidly, but there is no legal framework to manage the business model. Most farmstays are developed on agricultural and forestry land, or even appropriated land.

Therefore, it is necessary to issue legal documents and policies to control farmstay development and avoid serious consequences to the investment environment.

The Prime Minister requested the Ministries of Culture, Sports and Tourism; MONRE; Agriculture and Rural Development; and Construction to apply management solutions suitable to their functions and competence.

Farmstays began developing in Hanoi in mid-2019. They are defined as a ‘hybrid’ product between a farm and homestay.

Depending on the investment scale, clients get benefits from clean vegetable farming model with modern technology transfer, based on agreements between clients and investors on committed annual profits.

Local newspapers report that farmstays operate in Lang Son, Thai Nguyen, Son La, Quang Binh, Ninh Thuan, Binh Thuan, Gia Lai, Dong Nai, Long An and HCM City, where the committed profits are 15-20 percent per annum.

In Lam Dong and Ba Ria – Vung Tau, investors commit to profit of VND50 million per annum.

In Ho Tram, Binh Chau in Ba Ria – Vung Tau, under the G7 farmstay project, covering an area of 200 hectares, each 1,000 square meter land plot was sold at VND1.5-1.7 million per square meter. Buyers can build homestays and garden.

They can expect profit of VND50 million a year from the homestay investment program for ecotourism, and get benefits every month from the farm produce grown on the project land.

In Loc Phu commune in Bao Lam district in Lam Dong province, Lam Dong Farmstay or Viking Farmstay, covering an area of 280 hectares, offered to sell land at VND370 million for 5,050 square meters.

The seller advertised that buyers would have the right to own and transfer the land to third parties.

The project has a license for use for 50 years. Agreements on cooperation for investment would be signed, under which land would be allocated for 40 years and would be extended after the 40 years.

The HCM City Real Estate Association has given a warning about the rapid development of farmstays, pointing out that in many cases, institutions and individuals use agriculture and forestry land to illegally build tourist accommodation establishments. 

Huong Quynh

Gov’t Inspectorate proposes PM stop licensing new condotel projects

Gov’t Inspectorate proposes PM stop licensing new condotel projects

As many localities have granted licenses to a series of condotel projects that may pose high risks of disputes and lawsuits, the Government Inspectorate has proposed the prime minister stop licensing these new projects.

Condotels no longer hot, farmstays the ‘rising star’

Condotels no longer hot, farmstays the ‘rising star’

After several years of witnessing the strong rise of condotels, Vietnam’s real estate market is now seeing a new trend in farmstays.


Su-30MK2 fighters perform at Vietnam International Defence Expo 2022

The Vietnam Air Force's Su-30MK2 fighters and Mi helicopters made an impressive performance at the opening ceremony of the Vietnam International Defence Expo 2022 at Hanoi's Gia Lam Airport on December 8.

France supports decentralized cooperation with Vietnam, says Gerard Larcher

The Senate of France supports decentralized cooperation between France and Vietnam, considering this a key programme in the Senate’s working agenda, Senate president Gerard Larcher told NA chairman Vuong Dinh Hue during talks in Hanoi on December 8.


Business association helps connect Vietnamese, Malaysian firms

PM’s Europe trip spreads message about strongly recovering Vietnam

Prime Minister Pham Minh Chinh’s trip to attend the ASEAN-EU Commemorative Summit and visit Luxembourg, the Netherlands, and Belgium from December 9 to 15 will extend a message of a strongly recovering Vietnam


PM’s trip to elevate Vietnam – EU to new height: diplomat

Vietnam changes rapidly after 25 years of Internet connection

The decision to connect to the Internet 25 years ago was a brave act, showing a long-term vision, contributing to comprehensive changes in the country, experts said at the 25th anniversary of Vietnam's Internet and Internet Day 2022 on December 7.

Policies needed to ensure sharing economy development is on-track

Sharing economy was not only creating opportunities to increase income but also opening up a new and flexible market, thereby creating a growth engine and increasing productivity for micro, small and medium – sized enterprises.

Some businesses are still paying high dividends

While many enterprises are facing difficulties, some plan to spend trillions of VND to pay dividends and buy treasury stocks.

Vietnamese box office smash to premier in Australia

According to Box Office Vietnam, The Girl from the Past has generated revenue of VND53 billion (US$2.2 million) after debuting in Vietnamese cinemas.

French Senate President arrives in Hanoi, beginning official visit to Vietnam

French Senate President Gérard Larcher arrived in Hanoi on December 8 morning, beginning an official visit to Vietnam at the invitation of National Assembly Chairman Vuong Dinh Hue.

Vietnamese film to compete at Golden Globe Awards

“Dem Toi Ruc Ro”, known as “The Brilliant Darkness” in English, a movie on domestic violence by American director Aaron Toronto, features in this year’s list of Golden Globe Awards’ nominees.

PM attends inauguration of Vietnam International Defence Expo 2022

Prime Minister Pham Minh Chinh and military officers pressed buttons inaugurating the Vietnam International Defence Expo 2022 at Gia Lam airbase in Hanoi on December 8.

Money borrowers face black credit traps on online lending apps

A lot of money borrowers have been recently cheated on online lending applications which seem to ask for simple procedures at first but then claim cut-throat interest rates.

Young scientist becomes first Vietnamese awarded by UK Royal Aeronautical Society

With the Young Persons’ Achievement Award, Dr. Nguyen Huyen Duc has become the first Vietnamese scientist to receive the prize from the UK’s Royal Aeronautical Society (RAeS).

Revelations of an e-cigarette seller

After exchanging text messages via social media, VietNamNet’s reporter, who acted as an e-cigarette buyer, decided to meet the seller and discovered many things that made him shiver.