At the conference, Mr. Bui Van Hai, Deputy Director of the Land Department – Ministry of Natural Resources and Environment, emphasized that the Land Law is an important law that affects all aspects of economic, social, defense, security, and environmental protection of the country. It plays a central role in the system of land laws and is related to many other legal provisions.

Mr. Bui Van Hai, Deputy Director of the Land Department – Ministry of Natural Resources and Environment, speaking at the training session

Mr. Hai pointed out that land issues are historical and complex. In some places, the implementation of land laws has not been strict. Policies and laws still have shortcomings, and some related legal content is inconsistent and not harmonized with land laws. Detection, prevention, and handling of violations have not been effective, and some new practical issues are not yet regulated by the law.

Compared to the 2013 Land Law, the 2024 Land Law introduces five new groups of issues. Notable content includes: Classification of three types of land (agricultural land, non-agricultural land, and unused land); specific provisions on land policies for ethnic minority people; land use planning and plans; regulations on compensation, support, and resettlement when the state recovers land; provisions on eight cases of land allocation without land use levy; and four methods for determining land prices.

With the new Land Law, many localities have planned to adjust their land price frameworks. However, a leader of the Department of Natural Resources and Environment of Binh Duong Province shared that their province will maintain the old price level.

“The 2024 Land Law allows localities to use the old price framework until December 31, 2025. According to the plan, Binh Duong will only build a new land price framework in January 2025, but the spirit is still not to increase prices,” the leader said.

You may also like

Binh Duong: Land prices to increase up to 247% from current prices.

If passed, the proposed Resolution will result in an increase in land prices in Binh Duong province, ranging from a minimum of 11% to a maximum of 247% compared to the current prices. This adjustment is aimed at aligning the land prices with the current reality, as some communes are upgraded to wards and towns.

Does the new law tighten speculation in real estate?

The Land Law, Housing Law, and Real Estate Business Law, which were recently passed, have many strict regulations that aim to gradually address negative issues such as speculation and wastage of land resources, according to experts.