Getting rich or ending up in prison from land deals
It is a huge responsibility of the compilers of the revised Land Law to best promote this extremely important resource and at the same time minimize gaps and limitations to prevent special interest groups from acquiring and extracting benefits from land.
On September 9, 2021, the Ministry of Natural Resources and Environment announced Decision 1732 on the detailed plan for the revised Land Law.
In the revised Land Law, the Ministry emphasizes the contents on land finance and land prices; land recovery; land allocation, land lease, change of land-use purpose; compensation, support and resettlement when the State recovers land; land statistics and inventory; management and use of land upon equitization of state enterprises; and the monitoring, evaluating and supervising of management and use of land.
Kien Trung
