Vietnamplus

Land prices in Bangkok capital city of Thailand has skyrocketed 75% in recent years due to infrastructure development along with urbanisation driven by mass transit expansion.

A thematic session on accelerating institutional reform – perfecting land policy for socio-economic recovery and development, as part of the 2022 Vietnam Socio-Economic Forum, opened in Hanoi on September 18.

The National Assembly (NA) Standing Committee will raise questions on issues under the management of the Ministry of Industry and Trade and the Ministry of Natural Resources and Environment during the question-and-answer part of their ongoing ninth session.

Land prices in Ho Chi Minh City are rising sharply, and experts warn this can have negative consequences on public works and housing supply.

The Ministry of Construction (MoC) and the Ministry of Natural Resources and Environment (MONRE) have requested provinces and cities review State management on land prices amid 'land fever' in some localities.

Industrial park infrastructure development companies continue to do well amid the COVID-19 pandemic, and the industrial property sector is expected to thrive since Vietnam is considered among the most attractive investment destinations post-pandemic.

While there are few, if any, signs of the real estate bubble bursting in 2020, the Ministry of Construction said that land prices could increase in some areas.

The real estate market in Long Thanh district in southern Dong Nai province, site of the proposed new airport, has entered an upward spiral following the National Assembly Standing Committee's passage of a resolution to dissolve and alter the administrative boundaries of six communes on May 29.

The five years of implementation of the Land Law 2013 have exposed various obstacles and problems, with the most serious being the prices.

The Vietnamese property market got off to an auspicious start to 2019, despite fears of a real estate bubble bursting this year.

Domestic and foreign experts shared their experiences in land economy during a conference jointly held by the Ministry of Natural Resources and Environment (MoNRE) and the World Bank in Hanoi on July 13.