Experts comment on Draft Land Law

To address this limitation, Professor Dang Hung Vo said that the draft Land Law should have a positive innovation to the process of land transfer is more favorable, higher build consensus and appropriate market mechanism more. Accordingly, the need for additional draft rules applicable consensus of the community, at least 2/3 of residents in the community consensus that the land price in the agreement between the business and the people.

Also on the issue of determining land prices, Dr. Pham Sy Liem, deputy chairman of the Vietnam Construction Association said that the draft Land Law should not be prescribed to the principle of "consistent with market prices" because the market price is agreed price for each piece of land at the site to determine at the time of determination. While compensation rates applied to an area in a period of time. So he proposed to replace the principle of Integrity "in line with market price" by the principle of "fair price". That can help create assets equivalent assets recovered in the same locations, plus a covered benefit brought by land development projects.

Comment on the issue of determining land prices, Mr. Nguyen Ngoc Tuan, chairman of the Valuation Standards Council gave determination for that matter is the State should serve as the construction of the pricing mechanism, regulate the direction inspection, test... and State does not need to evaluate prices on the market that should be socialized to the independent appraisal company made. Thus, in accordance with international practice, the State avoids "To be the judge in one's own case ".