The new land price list will be developed and issued on an annual cycle, instead of every 5 years as before as prescribed in Article 159 of the 2024 Land Law:
The Provincial People's Committee will develop and submit to the People's Council of the same level for the first decision on the land price list for promulgation and application from January 1, 2026. Every year, the Provincial People's Committee is responsible for submitting to the Provincial People's Council for decision to adjust, amend, and supplement the land price list for promulgation and application from January 1 of the following year.
Note, the first decision on the land price list, the decision to adjust, amend, and supplement the land price list will be implemented by the Provincial People's Committee according to the provisions of Clause 2, Article 8 of Decree 151/2025/ND-CP effective from July 1, 2025.
Article 8. The authority of the Provincial People's Council decentralizes and assigns to the Provincial People's Committee
The authority of the Provincial People's Council is prescribed by the Land Law and the decrees detailing the implementation of the Land Law implemented by the Provincial People's Committee, including:
Decision on the first land price list, decision on adjustment, amendment, and supplementation of the land price list as prescribed in Clause 3, Article 159 of the Land Law and Clause 5, Article 14, Clause 1, Article 16, Point a, Clause 2, Article 38 of Decree No. 71/2024/ND-CP.
In addition, the compulsory cases of using the 2026 land price list as prescribed in Clause 1, Article 159 of the 2024 Land Law include:
- Calculating land use fees when the State recognizes the right to use residential land of households and individuals; changing the land use purpose of households and individuals;
- Calculating land rent when the State leases land and collects annual land rent;
- Calculating land use tax;
- Calculating income tax from land use rights transfer for households and individuals;
- Calculating fees in land management and use;
- Calculating fines for administrative violations in the land sector;
- Calculating compensation for the State when causing damage in land management and use;
- Calculating land use fees and land rents when the State recognizes land use rights in the form of land allocation with land use fees collection, land lease with one-time land rental fees collection for the entire lease term for households and individuals;
- Calculating starting price for auctioning land use rights when the State allocates land or leases land in cases where land plots and land areas have been invested in technical infrastructure according to detailed planning according to the law on urban and rural planning;
- Calculating land use fees for cases of land allocation without auctioning land use rights to households and individuals;
- Calculating land use fees in cases of selling state-owned houses to tenants.
