The Ministry of Natural Resources and Environment (MONRE) has recently issued the Draft Land Law (amended) for public comments to overcome the shortcomings and limitations of the Land Law 2013, and at the same time, add new policies to adjust some issues arising in reality.
Basically, the structure of the draft Law is similar to the current Land Law 2013, adding 2 chapters (one chapter on land fund development and separating the chapter on land acquisition, land requisition, compensation, and resettlement assistance into two chapters). The draft Law (amended) includes 237 articles, of which 48 articles remain unchanged; amends and supplements 153 articles; adds 36 new articles and removes 8 articles.
Regarding the content, the draft Law (amended) institutionalizes the goals, guidelines and solutions of the Central Committee's Resolution No.18-NQ/TW (“Resolution 18”), solving the problems in practice and development trends with many new points, especially the deletion of regulation on land price frame.
In this legal update, we will contribute our comments as well as our recommendations on certain issues related to the land price frames.
Further details of this legal update can be found here.
Hoang Le Hang
Business Development Manager
Tel: +84 24 3971 0888
Email: hang.hoang@lexcommvn.com
