On the afternoon of May 24, at the Government Headquarters, Deputy Prime Minister Tran Hong Ha chaired a national online meeting to listen to reports and give opinions on the draft Decree regulating land prices.

At the meeting, Deputy Prime Minister Tran Hong Ha gave his opinion on a number of specific contents related to bidding for selecting land valuation consultancy units; applying land valuation methods and the amount of money land users must pay additionally for the period not yet calculated for land use fees and land rents in cases of land handover before the 2024 Land Law; regulations on operating conditions and establishment of a database on organizations and individuals practicing land valuation...

The Deputy Prime Minister requested the Ministry of Natural Resources and Environment to seriously absorb comments and contributions throughout the development process, promptly complete the draft Decree, and promptly put new and breakthrough policies and guidelines in the 2024 Land Law into practice.

According to the report of the Ministry of Natural Resources and Environment, after receiving and completing, the draft decree has 6 chapters and 41 articles regulating land valuation methods; developing, adjusting, amending and supplementing land price tables; conditions for practicing land valuation consultancy; applying land valuation methods in transitional cases...

Notably, in terms of comparison method, the drafting agency has accepted and removed the regulation on determining the value of assets attached to land that are perennial trees that have not yet reached harvest time, and reviewed and adjusted the principles for adjusting the price of land plots to be clearer in application.

For the surplus method, the drafting agency has added information collection about the land plot, land area to be valued, and information that needs to be surveyed when applying this method.

Delegates focused on discussing the addition of costs in the total development cost estimate of land plots and land areas, proposing a design plan to separate total development costs and total revenue, and regulations on including contingency costs in total development costs...

At the meeting, Deputy Minister of Natural Resources and Environment Le Minh Ngan reported and clarified the basis for not including contingency costs, contingency costs for price fluctuations applied during the project period lasting many years, business costs in the total development costs, how to calculate business costs, interest costs, investor profits, and the basis for applying the 2015 land price adjustment coefficient when calculating land use fees according to the land price list for cases of land handover from August 27, 2007 to before July 1, 2014.

Regarding the land price list regulations, the Ministry of Natural Resources and Environment has added regulations in case of lack of factors affecting land prices, basis for determining land prices in areas not yet specified in the land price list, adjusted the procedure for developing the land price list and supplemented and clarified the agencies and organizations that collect opinions on the draft land price list, reviewed and improved the conditions for individuals practicing land price determination consultancy in the direction of simplifying administrative procedures.

Minister of Natural Resources and Environment Dang Quoc Khanh affirmed that he will fully absorb all comments and suggestions, ensuring that when issued, the Decree will address practical requirements and demands, be specific, easy to implement, and avoid violations.