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| A corner of Nha Trang city__Photo: VNA |
Since the new Land Law will come into force on August 1 this year, five months earlier than its effective date resolved by the National Assembly before, the Government has issued two decrees detailing these Laws to timely bring them into life. These two decrees are also set to come into force on August 1.
Specifically, right in June, the cabinet released Decree 71, specifying procedures for and contents of land valuation according to the four methods, including comparison method, income-based method, surplus-based method, and land price adjustment coefficient method.
The decree identifies factors that affect prices of different land types. As for non-agricultural land, such factors include position and location of land parcels/lots, transport conditions, electricity and water supply, land use period, etc.. Meanwhile, crop and livestock productivity; location and characteristics of land parcels/lots; and land use period are some of the factors that affect prices of agricultural land.
In mid-July, the Government issued Decree 88, providing regulations on compensation, support and resettlement upon land recovery by the State.
Worthy of note, the decree specifies cases of payment of compensation in land with use purposes different from those of the recovered land or payment of compensation in house when the State recovers land as regulated in the Land Law.
Accordingly, land prices used to calculate land use levy when compensation is made with land of use purposes other than those of the recovered land for households, individuals, and people of Vietnamese origin residing abroad who currently use residential land or own houses associated with land use rights in Vietnam will be the land prices on the land price lists determined at the time of approval of compensation, support and resettlement plans.
In case of payment of compensation through land lease with lump-sum payment of land rental for the entire lease period, the land prices used to calculate land rental will be the specific land prices decided by competent People's Committees at the time of approving compensation, support and resettlement plans.
Meanwhile, land prices used to calculate land use levy or land rental in case of payment of compensation in land with use purposes different from those of the recovered residential land for economic organizations will be the specific land prices issued by competent People's Committees at the time of approving compensation, support and resettlement plans.
In another move, to facilitate the implementation of the Land Law and the National Survey Program issued under Decision 03/2023/QD-TTg, the Premier on July 23 inked Directive 22/CT-TTg on land inventory. This aims to quantify the situation of land management and use in commune-, district- and provincial-level administrative units, socio-economic regions and nationwide, evaluate the situation of land management and use by authorities at all levels, and propose mechanisms, policies and measures to strengthen the state management of land and improve land use efficiency.- (VLLF)
