Agricultural land

To be granted a red book, land users need to have documents on land use rights. However, there are still cases where compensation is still given without being granted a book. Photo: Phan Anh

In case land is not granted red book, compensation is still given

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Although the red book has not been issued, the legal owner of the property attached to the land is still compensated if there is damage caused by land acquisition.

Agricultural land before July 1, 2004 without a red book will still be compensated when the State reclaims it. Photo: Minh Hanh

Privileges of agricultural land used before July 1, 2004

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To be compensated for land, a red book is required. However, there are still cases where agricultural land does not meet the conditions for a red book and is still compensated for land.

Continuously lowering prices to cut losses, many agricultural land lots are still unsold

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Although investors have repeatedly lowered prices to cut losses to sell off their products, some agricultural plots in rural areas in the Mekong Delta are still unsold.