Land hike shock deemed necessary

Land hike shock deemed necessary

An adjusted land price list in Ho Chi Minh City is set to bring higher compensation for around 80,000 households whose land will be recovered for various projects, but it is also expected to drive up real estate prices.
Land price framework remains inefficient

Land price framework remains inefficient

Adjusting a land price framework according to the market is necessary, but a number of points could be considered before approval and application, according to experts who contributed to the draft of the adjusted price for the new land law.
Amended land law can remove current limitations

Amended land law can remove current limitations

The Law on Land is an essential law, institutionalising the major guidelines of regulation on continuing to innovate and complete institutions and policies, and improve the effectiveness and efficiency of management and use of land, creating a driving force to help Vietnam become a high-income developed country.
Experts consider major changes to land valuation

Experts consider major changes to land valuation

Drafts to amend and supplement a degree and circular on land valuation were discussed at a VIR seminar on the issue on July 27.
Ho Chi Minh City among top markets for data centre development

Ho Chi Minh City among top markets for data centre development

With many of the largest markets in the APAC region boasting particularly high land costs, only Ho Chi Minh City ranks within the top 10 for the land price category for data centres.
Land price framework removal can aid infrastructure

Land price framework removal can aid infrastructure

At the end of August, Ho Chi Minh City People’s Committee issued a new regulation on the land price adjustment coefficient (so-called K index) which is assessed closely to the reality of the current real estate market. Besides that, the content of removing the land price framework is also being proposed in the draft amended Land Law.
Speculators hunt district land plots

Speculators hunt district land plots

A plan to upgrade two districts in Ho Chi Minh City has caused yet more land price speculation, with nearly $17 billion in funding committed and around $500 million already licensed.
Nationwide momentum seen in land price and rental rates

Nationwide momentum seen in land price and rental rates

Despite external factors,  industrial real estate in Vietnam still recorded good transactions in the first four months of the year. Paul Fisher, country head in Vietnam for JLL, shares his assessment on the potential of the industrial property sector in attracting large-scale foreign manufacturers.
Tax policies for property sector must be carefully studied: finance ministry

Tax policies for property sector must be carefully studied: finance ministry

Tax policies for the real estate sector must be carefully studied and introduced at the appropriate time to ensure feasibility and limit speculation, according to the Ministry of Finance.
Charting course of land price frenzy

Charting course of land price frenzy

The State Bank of Vietnam is closely monitoring the real estate market to avoid any breakdowns as a large-scale land fever has gripped the country in recent months. Dr. Phan Minh Ngoc, senior credit research analyst at Bondcritic Ltd. in Singapore, writes about the ramifications of the situation.
Ministries cook up solutions to curb wild land hikes

Ministries cook up solutions to curb wild land hikes

The ministries of natural resources and environment along with construction, as well as local authorities, are setting up solutions to halt the ramped-up hikes in land price nationwide.
Outskirts developing chances taking a hit with land frenzy

Outskirts developing chances taking a hit with land frenzy

Land fever in the outskirts and satellite cities of Hanoi and Ho Chi Minh City may discourage investors seeking new locations for their upcoming projects, even as available land plots in city centres vanish.
Land hikes reach Can Gio Island

Land hikes reach Can Gio Island

After a similar phenomenon in Hoc Mon and Cu Chi districts in the outskirts of Ho Chi Minh City, land price hikes are becoming more prevalent on Can Gio Island – the only district of Ho Chi Minh City with a 23km coastal line.
Vietnam remains attractive destination to investors

Vietnam remains attractive destination to investors

With COVID-19 and trade tensions driving the shift of production lines from China to Southeast Asia, Vietnam, in particular, seems to have emerged as an attractive destination for investors and manufacturers alike, experts have predicted.
SEZs still on paper, but land prices continue to escalate

SEZs still on paper, but land prices continue to escalate

More than half of the investors seeking to buy land on Phu Quoc Island and areas to be used as special economic zones (SEZ) in the future are from the north and Hanoi.
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