8 notable new points of the 2024 Land Law

CAO NGUYÊN |

Mr. Nguyen Dac Nhan - Deputy Director of the Ministry of Natural Resources and Environment said that the 2024 Land Law has many new points, including 8 notable points.

On October 15, the Vietnam Real Estate Association coordinated with the Ministry of Natural Resources and Environment and the Ministry of Construction to organize a Dialogue Conference between law drafting agencies and experts on how to understand and apply the Land Law to the practical operations of real estate businesses.

Mr. Nguyen Dac Nhan - Deputy Director of the Land Department, Ministry of Natural Resources and Environment - pointed out 8 notable new points in the Land Law. The first new point is related to the issue of decentralization and delegation of power in state management of land.

According to Mr. Nhan, the 2024 Land Law has decentralized all authority to allow the conversion of forest land and rice land use purposes to the Provincial People's Council.

Decentralize the approval of national land use plans to the Government; the Prime Minister approves provincial land use plans and provincial land use plans.

The second new point relates to the issue of land user rights. According to the 2024 Land Law, domestic individuals and overseas Vietnamese who are Vietnamese citizens are both "individuals" using land.

Thus, Vietnamese people residing abroad are Vietnamese citizens with full rights and obligations in land management and use like individuals in the country. This regulation will improve the efficiency of land use.

The third new point is related to land use planning. National land use planning only controls the indicators of rice-growing land, protective forest land, special-use forest land, production forest land that is natural forest, national defense land, and security land.

As for district-level land use planning, the content of the annual district-level land use plan is simpler.

The fourth new point is related to land recovery. The 2024 Land Law specifically stipulates the basis and conditions for land recovery for national defense and security purposes; socio-economic development for national and public interests.

The condition for land recovery is to complete the approval of compensation, support, resettlement plans and resettlement arrangements according to the provisions of the Land Law.

Ong Nguyen Dac Nhan, Pho Vu truong Vu Dat dai, Bo Tai nguyen va Moi truong. Anh: Cao Nguyen.
Mr. Nguyen Dac Nhan, Deputy Director of Land Department, Ministry of Natural Resources and Environment. Photo: Cao Nguyen

The fifth new point is related to the issue of compensation, support, and resettlement when the State reclaims land. The Law has amended and supplemented the compensation principles in the direction of diversifying the forms of compensation.

The Law also expands the composition of the Compensation, Support and Resettlement Council to ensure objectivity and transparency.

The sixth new point is the issue of land allocation, land lease, and change of land use purpose. The 2024 Land Law has stipulated cases of land allocation and land lease through bidding to select investors to implement projects using land.

The seventh new point is related to land finance. Accordingly, the Government's regulations on land price framework are abolished; The land price list is first announced and applied from January 1, 2026; it is adjusted, revised and supplemented annually.

In addition, the Law also specifically stipulates 4 methods of land valuation, including: Comparison method; income; surplus and land price adjustment coefficient method. Accordingly, the Government has issued Decree No. 71/2024/ND-CP dated June 27, 2024 regulating land prices.

The eighth new point is the land use regime. According to the representative of the Ministry of Natural Resources and Environment, the Law has expanded the limit for receiving the transfer of agricultural land use rights of individuals to no more than 15 times the limit for agricultural land allocation of individuals.

Expand the subjects eligible for transfer of rice-growing land to individuals not directly engaged in agricultural production within the land allocation limit.

CAO NGUYÊN
TIN LIÊN QUAN

Administrative sanctions for violations of the 2024 Land Law

|

The article below will provide detailed information on administrative sanctions for violations of the 2024 Land Law.

13 provinces have not yet issued documents to implement the Land Law

|

Deputy Prime Minister asked localities to clarify their responsibilities in the delay in issuing decisions on three real estate laws, including the Land Law.

Conditions for land plot consolidation under the new Land Law

|

The conditions for land plot consolidation are stipulated in Clause 1 and 3, Article 220 of the 2024 Land Law, effective from August 1, 2024.

People are upset because the residential road to Tran Hung cemetery is blocked

|

Hanoi - People in Phu Dien ward are upset because the road leading to Tran Hung cemetery is blocked, making it difficult to visit the ancestral tomb.

Hanoi proposes to pilot the removal of notarization and certification for real estate transactions

|

Hanoi is considering piloting the removal of notarization and certification of real estate donation contracts between individuals in the project.

HCMC reports after residents texted Standing Deputy Secretary of the City Party Committee Nguyen Thanh Nghi

|

HCMC - Regarding the reporter's text message to Standing Deputy Secretary of the HCMC Party Committee Nguyen Thanh Nghi, the HCMC People's Committee has just reported the handling results.

The contrasting picture behind PJICO's growth figures

|

Motor vehicle insurance brings a large source of income to PJICO, but also carries high risks because all compensation is borne by the enterprise itself.

Fire in a tourist electric vehicle parking lot in Huong Tich pagoda area, many cars burned down

|

Ha Tinh - At noon on July 8, a major fire broke out at the electric car parking lot in the Huong Tich pagoda tourist area, burning down 9 electric cars and 1 car.

Administrative sanctions for violations of the 2024 Land Law

Linh Trang |

The article below will provide detailed information on administrative sanctions for violations of the 2024 Land Law.

13 provinces have not yet issued documents to implement the Land Law

PHẠM ĐÔNG |

Deputy Prime Minister asked localities to clarify their responsibilities in the delay in issuing decisions on three real estate laws, including the Land Law.

Conditions for land plot consolidation under the new Land Law

Linh Đan |

The conditions for land plot consolidation are stipulated in Clause 1 and 3, Article 220 of the 2024 Land Law, effective from August 1, 2024.