land management

Update news land management

When people lack information about planning and land use plans, especially projects under survey or preparation phases, it is easy for land brokers or traders to blow up land prices to seek profit. 

 

Vietnam advised to upgrade regulations on land use right auctions

Owing to vague legal regulations on auctions for land use right and weak sanctions, the incident of winners in Thu Thiem land use right auction canceling their contracts happened, leading to various negative impacts to the city.

Land prices soar amid fear for Omicron

While affordable apartments are no longer seen in Hanoi and HCM City, apartments priced at hundreds of billions of dong are becoming popular.

Finance ministry proposes tax policy to prevent land speculation

Prime Minister Pham Minh Chinh has assigned the Ministry of Finance (MOF) to study and design some kinds of tax related to the real estate market, including property tax, in order to stabilize the market and reduce speculation.

Thu Thiem land auction puts an end to sale of public land at low prices

Four land plots in advantageous positions in the new urban area of Thu Thiem in HCM City were sold for VND37.346 trillion through an auction recently.

VND2.4 billion per square meter: is land in Vietnam the most expensive in the world?

One of the businesses participating in a bidding session on December 10, 2021 had to pay VND2.4 billion per one square meter to obtain a land plot in Thu Thiem new urban area. The sky high price has raised worries rather than joy.

Getting rich or ending up in prison from land deals

During a group discussion at the latest National Assembly session, President Nguyen Xuan Phuc said that many people got rich thanks to land, but many others have been imprisoned due to land.

Construction Ministry to conduct inspections of land fund for social housing in 11 provinces and cities next year

The Ministry of Construction will inspect the management and use of funds for the maintenance of apartment buildings as well as the implementation of holding land funds for building social housing in 11 provinces and cities next year.

When officials join hands with ‘preying stalkers’ in land bids

Many wrongdoings related to land auctions and bids have been exposed recently. Most of the defendants in the land irregularity cases are high-ranking officials of agencies and institutions.

Famous businesswomen meet in prison because of land irregularities

Nguyen Thi Loan, Chau Thi Thu Nga, Pham Thi Tuyet Nhung and Truong Thi Kim Soan, once famous businesswomen in the real estate market, have had to pay for their illegal business affairs.

Land prices rise in suburban Hanoi due to planning rumours

The Hanoi property market is once again seeing a wave of increased land prices in suburban areas, thanks to rumours of some districts being developed under the model of "city within a city".

Hanoi's planned parkland lies derelict for decades

A lack of green spaces in Hanoi has been a concern of inhabitants for years. Unfortunately, hundreds of hectares of land in Hanoi that was planned for parks or lakes have been abandoned or misused for decades. 

HCMC to auction four land lots in Thu Thiem early next month

Four land lots with a total area of over 30,000 square meters in the Thu Thiem New Urban Area in HCMC’s Thu Duc City will be auctioned on December 3 with a starting price of VND5.3 trillion. 

Medicine, land baron detained for law violations

The Hanoi Police have prosecuted and detained Nguyen Thi Loan, Chairwoman of Vimedimex Medi-Pharma JSC, for alleged violations of land auction regulations.

HCM City has 1,000 hectares of unused land: survey

Of nearly 210,000 hectares of natural area of HCM City, there are 111,875 hectares of agriculture land and 96,634 ha of non-agricultural land.

HCM City official land-price remains unchanged

Official land prices (called the coefficient or K coefficient) in HCM City will remain unchanged this year amid the rising cost of goods and challenges facing the economy, effective from June 18, said HCM City's Vice Chair Le Hoa Binh.

What's different about ‘land fever’ in 2021?

According to the Vietnam Real Estate Brokers Association, land prices have risen quickly, 10% a month on average. In some places, it has increased 2-3 times in just 1-2 months.

'Land fever' harming the economy: experts

Realtors typically seek profits by developing the investment value of land, rather than by increasing land prices.

As land prices soar, land management in 26 provinces to be inspected

The Ministry of Natural Resources and Environment has told local authorities to inventory land and report on land use. 

More than $4 billion found involved in economic violations in Q1

Nearly VND96 trillion (US$4.16 billion) and 772ha of land were found to be involved in economic violations uncovered by the Government Inspectorate in the first quarter of this year.