7 THAY ĐỔI NỔI BẬT CỦA LUẬT ĐẤT ĐAI MỚI 2024

Summary

This script discusses the significant changes brought by the Land Law 2024 in Vietnam, which was passed by the National Assembly and will take effect on January 1, 2025. It highlights key amendments designed to enhance flexibility in business operations, promote transparency in land use rights transfer, and boost agricultural land values. The legislation introduces provisions for easier land transfer, addresses issues of land speculation, and offers opportunities for reform to businesses previously violating land laws. Additionally, it provides insights into investment portfolio management through 'My Portfolio' program, encouraging investors to optimize their portfolios for consistent profits. The discussion also covers potential impacts on the real estate sector, emphasizing the law's role in fostering a more transparent and efficient market environment.

Takeaways

• 👋 The National Assembly has passed the Land Law of 2024, which will come into effect on January 1, 2025.
• 📖 The law includes 16 chapters and 200 articles, aiming to introduce significant changes to land use and management.
• 🔥 Social media and other platforms are abuzz with discussions on the positive changes brought by the new Land Law.
• 📰 Key changes include more flexible land lease payments, stricter conditions on land use rights transfers, and measures to make real estate transactions more transparent.
• 💰 The law allows businesses to lease agricultural land, potentially increasing the value of such land.
• 💵 It introduces provisions for businesses to sell assets on land and lease rights to other businesses, fostering growth in the industrial real estate sector.
• 🚩 Land not fulfilling financial obligations can be confiscated, addressing the issue of land hoarding.
• 💼 Companies violating land laws can still be allocated land for lease, offering them a chance for redemption.
• 🛫 Industrial park workers' lodging may receive rent exemptions, contributing to more affordable rental housing.
• 📈 The abolition of the land price framework to determine land prices based on market principles is highlighted as a significant reform.
• 💻 For more in-depth analysis and updates on the Land Law of 2024, viewers are encouraged to follow specialized discussions on finance and business channels.

Q & A

What is the effective date of the 2024 Land Law passed by the National Assembly?

The 2024 Land Law will come into effect on January 1, 2025.

How many chapters and articles does the 2024 Land Law contain?

The 2024 Land Law contains 16 chapters and 200 articles.

What significant change does the 2024 Land Law introduce regarding land lease payments?

One significant change is that businesses renting land can opt to pay annually instead of making a one-time payment, increasing flexibility for business operations.

How does the 2024 Land Law address the transfer of land use rights and associated financial obligations?

Upon transferring land use rights, the amount that was previously exempted or reduced must be repaid, aiming to prevent the misuse of state incentives.

What new regulation does the 2024 Land Law introduce to improve transparency in real estate transactions?

The law introduces stricter conditions for transferring land use rights to enhance transparency and prevent unfortunate incidents related to real estate transactions.

How does the 2024 Land Law potentially impact agricultural land prices?

By allowing businesses to receive and transfer agricultural land use rights, the law may significantly increase the value of agricultural land, which is generally considered cheap.

What provisions does the 2024 Land Law make for industrial real estate?

The law facilitates the sale of assets on land and the leasing of land to other businesses, benefiting the industrial real estate sector.

What is the consequence for not fulfilling financial obligations related to land as per the 2024 Land Law?

Failure to fulfill financial obligations regarding land will result in the confiscation of the land, reducing the issue of land being allocated but not used, causing significant resource losses.

How does the 2024 Land Law aim to support businesses that have previously violated land laws?

Businesses that have violated land laws still have the opportunity to be allocated or leased land, offering them a chance to start anew.

What major principle does the 2024 Land Law establish for determining land prices?

The law establishes the principle of determining land prices based on market mechanisms, which is expected to benefit landowners and real estate businesses by facilitating land clearance through market-based mechanisms.