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Official Gazette

Tuesday, June 6, 2023
Tags: 2003 Land Law
Land conflicts in emerging suburban areas in Vietnam: causes and effects Land conflicts in emerging suburban areas in Vietnam: causes and effects
This article takes initial steps in understanding causes and effects of land conflicts in Vietnam after the effect of the 2003 Land Law and its subsequent amendments. It examines institutional arrangements that govern land rights security but may have created biases toward different land users upon conflicting land use purposes. The analysis also examines the values of the two available large sample surveys in Vietnam (the citizen perception-based Vietnam Provincial Governance and Public Administration Performance Index (PAPI) and the firm perception-based Provincial Competitiveness Index (PCI)) in informing potential different treatments toward citizens and firms as land users.
Financing projects in industrial zones: a view from practice Financing projects in industrial zones: a view from practice
Industrial zones have become a popular investment destination for foreign businesses. It is common now in practice to finance projects carried out in industrial zones and/or to take security over real estate located in those industrial zones. However, since the legal framework on lease of land in industrial zones remains complicated and has its limitations, such financing may turn risky for credit institutions in certain circumstances and at some stages. This article tries to present some legal aspects of extension of credit secured by real estate in industrial zones and suggest how to manage legal risks for credit institutions.
Financing projects in industrial parks: what risks for banks? Financing projects in industrial parks: what risks for banks?
It is common now in practice to finance projects implemented in industrial parks and/or to take security over real estate located in those industrial parks. However, since the legal framework on lease of land in industrial parks remains complicated and has its limitations, such financing may turn risky for credit institutions in certain circumstances and at certain stages. This article tries to point out some of those risks.
Existing inadequacies of Vietnams legislation on agricultural land Existing inadequacies of Vietnam’s legislation on agricultural land
Current agricultural production in Vietnam is characterized by slow growth rate and low productivity. Despite the fact that Vietnam is now the second largest rice exporter in the world, its farmers’ lives have not been much improved and, as a result, many of them quit farming, leading to an increasing trend of abandoning rice fields and agricultural land in recent years.
Land price under the new Land Law Land price under the new Land Law
The new Land Law (the 2013 Land Law) provides land price in Section 2 of Chapter VIII, from Articles 112 to 116. Under the Law, the State decides on land prices through the prescription of land price frames and tables, and decides on specific land prices.
Land-related financial policies proposed Land-related financial policies proposed
Land Law in the light of new Constitution Land Law in the light of new Constitution
The revised Constitution of Vietnam was passed on November 28, 2013, by the XIIIth National Assembly at its sixth session. The constitutional provisions on land have been revised to be more coherent, demonstrating the viewpoint that land is under the ownership of the entire people and is uniformly managed by the State as the representative of the owner.
Important land policy changes under revised Land Law Important land policy changes under revised Land Law
Passed on November 29, 2013, by the XIIIth National Assembly, the revised Land Law (the Law) introduces important changes in land policies aiming to meet the country’s socio-economic development requirements in the period of accelerating the national industrialization and modernization, developing the socialist-oriented market economy and deepening the international integration.
Rights for foreigners under new Land Law Rights for foreigners under new Land Law
The new Land Law was passed by the Vietnamese National Assembly on November last year and will take effect on July 1, 2014 (the 2013 Land Law). This Law, replacing the Land Law of 2003, contains numerous new provisions in order to meet the requirements of stepping up the comprehensive renewal process aiming to make Vietnam basically a modernity-oriented industrial nation by 2020.
Resettlement needed for overseas Vietnamese upon land recovery Resettlement needed for overseas Vietnamese upon land recovery
According to Ministry of Construction statistics, by June 2012, only nearly 170 overseas Vietnamese owned homes in Vietnam, including 118 in Ho Chi Minh City[1]. This figure is too low compared to over 4 million Vietnamese currently living abroad. [1] Figures taken from the article “Few overseas Vietnamese own homes in Vietnam” in Nguoi Lao dong (Laborer) newspaper at http://nld.com.vn/20120630095935206p0c 1014/qua-it-viet-kieu-so-huu-nha-o-viet-nam.htm , accessed on November 23, 2012.

Video

A “painting” on rice fields in Tam Coc