The Land Management Agency has announced that, according to National Assembly Resolution 254/2025, white and green land certificates issued between 1993 and 1997 retain the same legal validity as current red certificates.
While land clearance is widely recognized as a critical, decisive factor that sets the stage for timely project implementation, the process in Phu Quoc still faces significant bottlenecks that must be urgently addressed to achieve the set goals.
According to experts, with the new regulations, speculative and short-term real estate trading activities will gradually lose their foothold in the market.