A vibrant discussion at the workshop “Real Estate Disputes in the Context of the New Legal Framework.”
At the workshop, Dr. Le Truong Son, Rector of Ho Chi Minh City University of Law, shared that despite the challenges and legal risks faced by the real estate business in recent years, the industry is showing positive signs of improvement thanks to recent changes in key legal documents.
Dr. Son emphasized the importance of disseminating and guiding the application of these new regulations to ensure they are correctly understood and implemented by relevant agencies, organizations, and individuals, thereby promoting fairness and efficiency.
Sharing this view, Mr. Vu Anh Duong, Secretary-General and Vice President of VIAC, highlighted the positive changes in the Land Law 2024, including expanded authority for arbitration and conciliation in land-related disputes. This is a timely recognition of the evolving landscape of dispute resolution methods.
Delegates engaging in discussions at the workshop.
According to VIAC statistics, there has been a significant increase in the number of disputes involving land-related issues (accounting for 26.18% of the total cases handled by VIAC in 2023). This expansion in jurisdiction provides businesses with added assurance when opting for arbitration or conciliation, allowing them to fully leverage the advantages of these methods.
The workshop also featured two interactive discussion sessions covering topics of public interest. One of the key discussions revolved around investment activities and the improvements in the Land Law, including the addition of principles for land use, mechanisms for land allocation and leasing, and a balanced approach to compensating investors and landowners affected by land acquisition.
Participants at the workshop expressed their optimism that these legal efforts will lead to easier access to land for investors, streamlined administrative procedures, and benefits for the public through stable land prices and the resolution of existing legal complexities.
Ensuring Effective Implementation of the Land Law 2024
According to Deputy Minister of Natural Resources and Environment, Le Minh Ngan, the workload for preparing the necessary content to ensure the effective enforcement of the Land Law 2024 from January 1, 2025 is significant, as it requires the completion of 9 Decrees, 6 Circulars, 1 Prime Minister’s Decision, and 18 detailed local provisions.
Removing Land Policy Bottlenecks, Creating New Resources for Development
The passing of the Land Law by the National Assembly has been well-received by society, with expectations that policy barriers and bottlenecks will be quickly dismantled and eliminated. This will effectively utilize land resources, contributing to the creation of new resources that will promote socio-economic development…
Revitalizing the potential and maximizing the land resources – Minister of the Ministry of Natural Resources and Environment, Dang Quoc Khanh
Minister of Natural Resources and Environment, Dang Quoc Khanh, emphasizes that by adhering to the guidelines set forth in Resolution 18/NQ-TW, the Land Law 2024 will serve as the foundation for efficient land management and utilization, driving our country towards becoming a high-income developed nation.
Real Estate Market: New Year’s Starting with Motivation
The amended Land Law has introduced several new regulations to support the real estate market, with real estate businesses reporting profits and many social housing projects completing registration… These are the driving forces behind the rapid recovery of the market.
