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10/08/2022

POLICY “REMOVING LAND PRICE FRAMEWORK” – A BREAKFUL STEP TO BRING LAND TO REAL VALUE

Recently, Resolution 18 of the 5th Central Conference was issued and one of the notable contents of the Resolution is the policy of abolishing the land price bracket.

Resolution 18 with the policy of “Abolishing the land price bracket”

Specifically, General Secretary Nguyen Phu Trong signed and promulgated Resolution No. 18 – NQ/TU on “Continuing innovating and perfecting institutions and policies, improving the effectiveness and efficiency of land management and use, creating a driving force for our country to become a high-income developed country” with many important contents in the field of Land – Housing.

Chủ trương bỏ khung giá đất

This is considered a breakthrough in land policy, the goal is to overcome the limitations and inadequacies in land management and use for a long time, thereby serving as a basis to unleash development resources.

Faced with the reality of many abandoned “golden” land plots, the paradox of land prices between compensation and market prices and many officials entangled in the law by land violations, Resolution 18 has raised many questions. new points in viewpoints, goals, tasks, solutions and implementation organization.

After 10 years of implementing Resolution 19, term XI, Resolution 18 has many new points, among which is the policy of “Abolishing the land price bracket” to bring land back to real value, and the Central Government also stipulates a higher tax rate. with users of many land areas, many houses and land speculation.

CHỦ TRƯƠNG “BỎ KHUNG GIÁ ĐẤT” - BƯỚC ĐỘT PHÁ ĐỂ ĐƯA ĐẤT ĐAI VỀ GIÁ TRỊ THỰC

By 2023, the Central Government must complete amendments to the 2013 Land Law and related laws to ensure uniformity and consistency.

Opinions of some leaders and experts on this issue

“Resolution 18 solves all the problems that are stuck but has the core to undo the big problems. On the other hand, the law also addresses how to use the land fund to create a high-income country, or in other words, there is a newer element to guide development” – Prof. Dang Hung Vo – Former Deputy Minister of Natural Resources and Environment.

“If objectivity, publicity and transparency are really the most standard market price. Although it is difficult, we should also do it to make the market price more accurate, to reduce damage to people when their land is recovered” – Lawyer Truong Thanh Duc – Hanoi Bar Association

“If they own a lot of land but put it into production and use, creating value for the economy, taxing is normal. But if they waste use, tax high, then force them to use that property, create value, create jobs for society. This is a very appropriate direction.” – Assoc. Prof.Dr. Dinh Trong Thinh – Academy of Economics and Finance.