Land use fee

The land of the social housing project in Tan Thuan Tay Residential Area (MR1 - District 7) is still "inactive". Photo: Huu Chanh

Social housing is stalled due to procedures

|

HCMC - Many social housing projects have been widely announced, but cannot be implemented due to prolonged legal procedures.

Budget revenue from land use fees in the first two months of the year increased by VND32,800 billion. Photo: Cao Nguyen

Land use fee budget revenue increases by 32,800 billion VND

|

In the first two months of 2025, budget revenue from land use fees will increase to VND32,800 billion, contributing significantly to total revenue.

There are preferential policies for the development of renewable energy and new energy. Illustrative photo: EVN

New energy power exempted from land use fees and land rents

|

The Government stipulates preferential policies for the development of renewable energy and new energy, including exemption of land use fees and land rental during construction.

The real estate market has yet to improve purchasing power. Photo: Bao Bao

Real estate market recovery is still slow

|

HCMC - Legal problems as well as unimproved purchasing power are the reasons why the real estate market has not been able to recover as expected.

People feed animals at Saigon Zoo and Botanical Garden. Photo: Anh Tu

Ho Chi Minh City Zoo owes 787 billion VND in taxes, Chairman of Ho Chi Minh City speaks up

|

Regarding the Saigon Zoo and Botanical Garden's tax debt of 787 billion VND, Ho Chi Minh City plans to collect tax on the business land, while the land serving public purposes will be adjusted.

Illustration: Anh Tu

Real estate businesses wait for land use fees

|

HCMC - Real estate businesses hope to soon be "untied" in the land use fee calculation mechanism so that it will no longer be an unknown as it is now.

Novaland's Lakeview City project in Ho Chi Minh City is facing problems with the land use fee skyrocketing compared to the estimated figure. Photo: Source NVl

Real estate businesses have headaches with land use fees

|

Land use fees continue to be an unpredictable "unknown", causing both investors and management agencies to have "headaches", and especially hundreds of projects are still under wraps because they have not paid land use fees.

The sharp increase in land use fees for the Lake View City project has caused difficulties for Novaland. Photo: Novaland

Burden of land use fees for real estate businesses

|

HCMC - Land use fees are always one of the "heaviest burdens" for real estate businesses.

The work of removing legal obstacles for real estate projects is being implemented quickly. Photo: Bao Chuong

Many real estate projects have legal obstacles removed

|

Since May 2023, Ho Chi Minh City has removed legal obstacles for 8 real estate projects.

There are still many shortcomings in land valuation. Photo: Bao Chuong

Hundreds of projects "froze" with land valuation

|

HCMC - Land valuation has many shortcomings, leading to hundreds of real estate projects being unable to fulfill their financial obligations.

The new land price list of Ho Chi Minh City is assessed to be suitable with reality. Photo: Bao Chuong

Ho Chi Minh City officially issues Land Price List

|

Ho Chi Minh City People's Committee has just issued Decision 79 regulating the adjusted land price list to be applied from October 31 to December 31, 2025.

People are still worried about the increase in land use fees with the new land price list. Photo: Bao Chuong

The burden of land use fees

|

HCMC - Land use fees are the biggest concern of businesses and people as the land price list will soon "approach" market prices.

Backlogged land records related to tax calculation from August 1, 2024 have been processed. Photo: Bao Chuong

Ho Chi Minh City has completed processing the backlog of land records

|

Ho Chi Minh City Tax Department has nearly completed the settlement of land records pending since August 1.