The selection of land valuation methods must comply with those recognised by law and international practice, be suited to the specific conditions of each plot, and ensure objectivity, transparency, and consistency with actual market conditions, according to Deputy Prime Minister Tran Hong Ha.
Vietnam's real estate sector recorded the establishment of 4,241 new companies in the first 11 months of this year, marking a 2.6% annual dip, reported the General Statistics Office (GSO).
During the debate on the draft revised Land Law at the 15th National Assembly’s fifth session in Hanoi on June 21, land planning and land valuation were at the focus of attention.