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Update news land management
Ho Chi Minh City land rental costs surge by over 50%
Adjustments to land prices in Ho Chi Minh City have caused annual land rental costs to rise significantly, with increases exceeding 50% in some categories.
Hanoi prohibits 9- or more storey buildings in inner city
Under architectural management regulations effective from January 10, multi-story buildings will be prohibited in certain areas in Hanoi.
Prime Minister orders investigation into real estate speculation and price hikes
Prime Minister Pham Minh Chinh has directed a comprehensive crackdown on property speculation and price manipulation to stabilize Vietnam’s real estate market.
Many odd developments occurred at land auctions in 2024
In 2023, land auctions encountered difficulties and many localities had to stop auctions because of the lack of participants, while in 2024, many auctions were organized where unexpected events occurred.
Businesses call for equitable treatment of commercial-service land in Vietnam
Business leaders have raised concerns over disparities in Vietnam’s land pricing policies, particularly the unequal treatment of commercial-service land compared to residential land under the 2024 Land Law.
