The MONRE''s proposal is to develop a National Assembly Resolution allowing pilot commercial housing projects through land use rights agreements, even for non-residential land.
HCM City collected fees of more than VND16.49 trillion (over US$712.5 million) last year for changing land-use purposes, according to the city Registration Office for Land Use Rights.
Sapphire JSC said it has received pink books certifying house ownership and land use rights for its HOLM Residences riverfront villas in HCM City’s District 2.
Ha Noi plans to promote auctions of land use rights from now until 2020 to make effective use of land funds and meet the increasing demand of businesses and people.
Fierce public objections about its proposal to impose value-added tax (VAT) on the transfer of land-use rights have forced the Ministry of Finance to shelve the move.
The Ministry of Resources and Environment early this week issued a circular suspending a regulation that required each family to include information about every member in their certificate of land use rights, or red book, instead of only the head...
The Ministry of Finance''s proposal to impose 10 per cent value added tax on the transfer of land use rights has met with objections, as it might increase land prices.
The capital city people''s committee has expressed concern over slow
progress in the granting of land use rights and house ownership
certificates to residents.
There are different provisions of the law on the conditions, duration,
forms of ownership, rights and obligations of foreign-invested
enterprises owning houses in Viet Nam, depending on the enterprises''
business sectors.
Methods to determine land prices, the
formulation and amendment of land price frameworks and land price lists,
determining prices for specific types of land, and consultancy on
determining land prices are regulated in Government Decree
No.44/2014/ND-CP (May 15, 2014).
Ha Noi expects to earn VND1.5 trillion (over US$71 million) from
auctioning off over 42ha of land use rights for the development of 34
new projects this year.
Deputy Prime Minister Hoang Trung Hai has asked every province in the
country to finish issuing the majority of their certificates on land-use
rights, known as ‘red books'' in Viet Nam, by the end of the year.