Crafting Hyper-Localized Land Valuation Tables: A Thua-Level Approach

The draft resolution by the National Assembly outlines that land price tables will be structured based on land type, area, and location. For regions with digital cadastral maps and land price databases, pricing will be detailed down to individual land plots. Provincial People’s Councils will determine, publish, and implement these land price tables starting January 1, 2026, with provisions for amendments and updates as necessary.

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On the afternoon of November 18th, authorized by the Prime Minister, Minister of Agriculture and Environment Tran Duc Thang presented a draft resolution to the National Assembly. This resolution outlines mechanisms and policies to address challenges in implementing the Land Law.

Proposed Addition of Three Land Reclamation Cases by the State

According to Minister Thang, the resolution (comprising 3 chapters and 13 articles) aims to institutionalize the Party and State’s land policies promptly. It seeks to remove bottlenecks and address emerging issues, fostering economic and social development. This will enhance land management efficiency, propelling the nation toward high-income developed status, aligned with new governance demands.

Minister of Agriculture and Environment Tran Duc Thang. Photo: Nhu Y.

The draft resolution introduces a new case for state land reclamation: national defense and security purposes, specifically for drug rehabilitation centers managed by the military.

Additionally, three cases are proposed for land reclamation to support economic and social development for national and public interests.

Article 3, Clause 2, details these cases:

1. Free trade zones and international financial centers.

2. Projects with over 75% land area and user agreements secured, allowing provincial People’s Councils to reclaim remaining land for investors.

3. Land funds for Build-Transfer (BT) projects, enabling leased land for continued production and business operations.

Phan Van Mai, Chairman of the Economic and Financial Committee, noted that this policy aims to resolve project implementation hurdles through land use agreements. It supports investors facing land clearance delays despite substantial negotiations.

The Committee seeks clarification on the 75% thresholds and handling of remaining land and users, ensuring constitutional rights and minimizing disputes.

It also recommends balancing compensation interests to prevent disputes when applying land price tables and adjustment coefficients.

Mai emphasized cautious consideration of new reclamation cases, ensuring constitutional compliance and citizen rights. Pilot mechanisms should precede widespread application, with National Assembly resolutions guiding specific localities.

Chairman of the Economic and Financial Committee Phan Van Mai. Photo: Nhu Y.

Ensuring Independence in Land Valuation and Price Board Review

The draft resolution outlines land valuation principles, data collection timing, and methods, emphasizing:

– Market-based valuation.

– Adherence to procedures and transparency.

– Independence between valuation consultants, price boards, and decision-makers.

– Balancing state, user, and investor interests.

Land price tables will be categorized by type, area, and position, with digital mapping enabling plot-specific pricing. Provincial People’s Councils will approve and implement these tables from January 1, 2026.

Provincial chairpersons will establish boards to review land prices and adjustment coefficients, ensuring impartiality.

The Economic and Financial Committee supports state control over land pricing, advocating for seamless transition provisions and clear guidelines for adjustment coefficients.

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