On April 7, Vice Chairman of Hanoi People's Committee Nguyen Xuan Luu just signed and issued Plan No. 135/KH-UBND on auctioning land use rights in 2026 in Hanoi City.
According to the plan, in 2026, the whole city is expected to organize auctions of 306 projects and land plots with a total land area offered for auction of about 728.97ha (excluding the area for technical infrastructure construction).
The total winning bid amount is expected to be about 63,031.47 billion VND.
The auction of land use rights aims to effectively exploit the land fund, meet the land use needs of people and businesses, increase revenue for the budget at all levels, create capital to invest in building technical infrastructure, social infrastructure and implement the new rural construction program according to the direction of the City Party Committee, People's Council, and City People's Committee.
Along with that, solving housing needs, improving the quality of people's housing; building a technical infrastructure system for auctioned land plots, contributing to completing new urban areas and residential land plots in rural areas in a civilized and modern direction, contributing to the implementation of the Hanoi Capital General Construction Plan.
The Commune People's Committee and the Hanoi Land Fund Development Center are responsible before the law and the City People's Committee in identifying and proposing registration of projects and land plots to be auctioned, ensuring compliance with the provisions of law and in accordance with the approved plan.
Also according to the Plan, units assigned by the City People's Committee to organize land use right auctions shall collect correctly, fully, and promptly the money of the auction winner, and deposit it into the accounts of the State Treasury at all levels. At the same time, immediately repay the advanced capital, and pay the remainder to the budgets at all levels according to the prescribed ratio.
Hanoi City Development Investment Fund reviews, urges and implements the recovery of advance capital correctly, fully, and promptly; summarizes the results of repayment of advance capital to units, and quarterly reports to the Fund Management Council and the City People's Committee for direction.
People's Committees of communes and wards shall carry out investment preparation for land use right auction projects for land plots; continue to review and supplement investment preparation for land use right auction projects for land plots in accordance with the city's planning and policy.
