Proposal to sharply reduce land use fees when converting land use purposes to residential land
Sharing with Lao Dong reporter, Mr. Le Hoang Chau - Chairman of Ho Chi Minh City Real Estate Association (HoREA) - said that the Ministry of Finance has made many positive adjustments when drafting a Decree amending and supplementing a number of articles of Decree No. 103/2024/ND-CP. Notably, the proposal to reduce the land use fee collection rate from 100% to 30% for land within the limit and 50% for land exceeding the limit is noteworthy.
However, according to Mr. Chau, this collection rate is still high, not "enhancing the people" in the context of many economic difficulties. The draft still has some contents that need to be discussed for completion.
Mr. Chau analyzed: For households applying for land use purpose change to make a red book, applying 30-50% is still a huge burden. HoREA proposes a more reasonable rate of 20% for land within the limit and 30% for land exceeding the limit". See more...
Dak Lak approves investment in 2 more housing projects for low-income people
On August 5, the Dak Lak Provincial Department of Construction informed that the competent authority had just approved the investment policy for 2 social housing construction projects (independent).
Accordingly, the social housing project north of Tran Phu Street (Tuy Hoa Ward) is being implemented on a land area of 8,236m2 (construction area of about 3,700m2), with a maximum of 13 floors and about 480 apartments. Each apartment has an area of 35 to 70m2, with a total investment of 548 billion VND.
The An Phu social housing project (Binh Kien ward) is being built on an area of 43,228m2 (construction area of about 17,291m2), 10 to 15 floors high, about 2,270 apartments. Each apartment has an area of 35 to 70m2, with a total investment of 2,584 billion VND.
Currently, in Dak Lak province, there are 4 social housing projects invested by enterprises. The construction works from 20% of the land fund have completed the infrastructure, registered to be completed in 2025. See more...
Hanoi apartments do not lack supply but prices still increase sharply
Illegal construction is booming to profit from compensation in the Thai Nguyen industrial planning area
Thai Nguyen is stepping up the expansion of industrial infrastructure to attract investment, in which a series of industrial parks and clusters are planned and implemented such as Yen Binh 2, Yen Binh 3, Ha Chau 1, 2 and Luong Phu - Tan Duc. However, in some areas, illegal construction still occurs, causing obstacles to site clearance (GPMB).
According to Lao Dong Newspaper reporters in early August 2025, in Van Xuan ward, Pho Yen ward (formerly under Pho Yen city) and Diem Thuy commune (formerly under Phu Binh district). Here, many works such as barns, temporary houses, phosphorus tanks, corrugated iron roofs, etc. were urgently built, showing signs of serving the purpose of declaring compensation.
Some households said that they do not have information about the planning or are only temporarily built for living. However, local authorities have drawn up records and requested to stop construction in many cases of violation.
Statistics from working groups in Van Xuan ward, Pho Yen ward and Diem Thuy commune have discovered nearly 100 cases of illegal construction that have been recorded and required to stop construction. Although the administrative fine is up to 50 million VND per case, many works are still secretly completed, despite current regulations. See more...
