The State decides on land prices close to the market, avoiding dependence on the secondary market

Nguyễn Hà |

The Deputy Minister of Agriculture and Environment said that the viewpoint of this law amendment is to strengthen State management of land.

Land valuation avoids dependence on the secondary market

On August 8, the Ministry of Agriculture and Environment held a conference to collect comments from ministries, departments, branches and provinces and cities in the Northern region on the draft Law amending and supplementing a number of articles of the 2024 Land Law.

Speaking at the conference, Deputy Minister of Agriculture and Environment Le Minh Ngan emphasized that after one year of implementation, many provisions have quickly come into life, contributing to improving the effectiveness of state management of land, ensuring resources for socio-economic development, and strengthening national defense and security. However, the new context requires the land legal system to continue to be improved.

According to the Deputy Minister of Agriculture and Environment, the points proposed for this amendment are not many but are all important issues.

Regarding land finance and land prices, Mr. Ngan said that determining land prices through many years of organization has many shortcomings. The draft continues to affirm the principle that land prices must be close to market prices, ensuring fairness and transparency. The spirit is that this land price is easy to do, easy to implement, and safe for cadres.

Mr. Ngan cited that previously, localities such as Hanoi at the Central Conference shared that the whole city of thousands of projects only has 2 land valuation units. The assignment of the State's entire authority to the land valuation consultancy unit has theoretically lost the State's decision-making rights as the representative of ownership in land price decision-making.

Therefore, the viewpoint this time is to strengthen State management of land with market principles, the State decides on land prices close to the market.

According to Deputy Minister Le Minh Ngan, the market always has two levels: primary and secondary markets. And it is true that the market always has a difference, but the regulation of input methods for determining land prices in the secondary market will cause land prices to increase non-stop - this is a mistake.

Thu truong Le Minh Ngan chu tri Hoi nghi. Anh: Huy Hung
Deputy Minister of Agriculture and Environment Le Minh Ngan chaired the conference. Photo: Huy Hung

Flexible compensation and land recovery procedures

At the conference, Mr. Dao Trung Chinh - Director of the Department of Land Management - emphasized that due to the new situation, there are requirements for amending and supplementing laws to suit, such as implementing the 2-level model...

Mr. Chinh also shared about new points in the Draft Law amending the 2024 Land Law. Regarding land recovery, 2 cases will be added to Article 79. These are the implementation of projects with specific requirements for investment locations; investment projects, urgent services for political and foreign affairs tasks; projects in free trade zones, in international financial centers; logistics projects; mixed-use projects for residents, urban areas, tourism, commercial services, culture, sports; cultural industrial projects and other socio-economic development projects decided by the Provincial People's Council in accordance with local actual conditions.

Regarding compensation and resettlement support, Director Dao Trung Chinh said that the draft Law amends and supplements the following cases: In case the land user or owner of property attached to the land agrees to reclaim the land before approving the compensation, support and resettlement plan, the Chairman of the People's Committee of the commune where the land is reclaimed will decide to reclaim the land before approving the compensation, support and resettlement plan.

In case of land recovery where the land user or owner of the property attached to the land has been arranged temporary residence or paid temporary residence fees and agrees to recover the land before completing the resettlement arrangement, the Chairman of the People's Committee of the commune where the land is recovered shall decide to recover the land before completing the resettlement arrangement".

Nguyễn Hà
RELATED NEWS

Land valuation cannot be separated from market factors

|

The story of land valuation heated up again when there was a proposal to remove the principle of determining land prices according to market mechanisms, instead of the mechanism for the State to determine primary land prices.

The Deputy Minister of Agriculture and Environment stated the principles when developing the land price list in 2026

|

Deputy Minister of Agriculture and Environment Le Minh Ngan said that the construction of the land price list will be based on valuation methods but will not be applied rigidly.

Strongly decentralize the authority for specific land valuation and build a land price list

|

Decree 151/2025/ND-CP stipulates many new points on the authority for specific land valuation and the development of land price lists.

National Assembly Chairman: Vietnam always identifies Japan as a leading strategic partner

|

The National Assembly Chairman stated that Vietnam always identifies Japan as a leading strategic partner, especially in the fields of economy, investment and technology transfer.

Reasons why Nguyen Canh Di Street, Hanoi has been muddy for many years but has not been repaired

|

A representative of Hanoi Housing and Urban Development Trading Joint Stock Company explained the reason why Nguyen Canh Di Street has been degraded for many years but has not been repaired or upgraded.

Chairman of Can Tho Requested Review of All Products at Dermatology Hospital

|

Can Tho - The Chairman of the City People's Committee requested to inspect and review all products traded at Can Tho City Dermatology Hospital.

Vietnam Bank Trade Union organizes the 5th Executive Committee meeting

|

The Vietnam Bank Trade Union held the 5th Executive Committee meeting for the 2023-2028 term.

Forecast of the impact of tropical depression and dangerous areas in the next 24 hours

|

According to the meteorological agency, the area affected by the tropical depression is the northeastern sea of the East Sea, warning of level 3 natural disaster risk.

Land valuation cannot be separated from market factors

Bảo Chương |

The story of land valuation heated up again when there was a proposal to remove the principle of determining land prices according to market mechanisms, instead of the mechanism for the State to determine primary land prices.

The Deputy Minister of Agriculture and Environment stated the principles when developing the land price list in 2026

Như Hạ |

Deputy Minister of Agriculture and Environment Le Minh Ngan said that the construction of the land price list will be based on valuation methods but will not be applied rigidly.

Strongly decentralize the authority for specific land valuation and build a land price list

Như Hạ |

Decree 151/2025/ND-CP stipulates many new points on the authority for specific land valuation and the development of land price lists.