Some questions about planning land in Vietnam

1. Should I buy planned land?

The decision to buy planned land or not depends on the purpose and conditions of each individual. If people want to buy land for long-term living, they should avoid buying land that is under planning, traffic construction, etc. to avoid being confiscated while in use. If the land is sold at a reasonable price and the planning changes over time, investors can choose to do business, but this is a relatively risky form in the long term.

Buying planned land has many risks and opportunities at the same time. Therefore, people intending to buy land must carefully learn about land planning to decide on a reasonable use purpose with their financial ability, limiting the risks if buying land that is currently in dispute. .

Besides knowing clearly whether the land is in the planning area or not, buyers should find out more information about land use certificates, rights to build houses, buildings, etc. Land buyers need to be alert to find Understand the above information clearly before investing in a valuable asset.

2. Some questions about planning land 

Question 1: Does the planned land have a red book?

According to Vietnam Land Law, planned land cannot be issued a red book if the owner uses it for a short period of time. However, in reality, many cases of planned land are still granted red books. Because according to the 2013 Land Law, Article 49 clearly stipulates: In cases where land is planned without an annual use plan, users have the following rights:

• Receive certificates of use rights and assets attached to land
• Land converted, leased, transferred
• Sublease, mortgage, inheritance, capital contribution of land use rights

Question 2: Is building a house on planned land subject to penalties?

According to the Land Law, land planning will be suspended for 3 years if announcement of plan implementation or planning changes is not received. In this case, the land user still has normal land use rights. If the land user wants to renovate or repair, they need to receive permission from competent state agencies.

Question 3: The competent authority decides to approve the land use plan

Based on Article 45, Land Law 2013, the competent authorities to decide and approve land use planning include:

•  National Assembly
•  Government
•  Provincial People's Committee

Hopefully the above article has partly explained What is land use planning? for those who currently need to invest, buy, sell, and trade land.

*Article information is for general and reference purposes only at the time of sharing, not expert opinion.