Land valuation based on market principles does not imply unfettered price fluctuations. Instead, it necessitates state-led regulation throughout the development process to ensure balanced and controlled adjustments.
Minister of Construction Trần Hồng Minh stated that the current permitting process for managing construction order has caused significant hardship for citizens and businesses, deeming it an "utterly unreasonable" requirement.
Ho Chi Minh City has halted the compensation and land clearance policy for the Rạch Chiếc National Sports Complex project, a BT (Build-Transfer) initiative with an investment value exceeding 8,000 billion VND.