CHANGES TO LAND LAW SUBMITTED

(SGT-HCMC) A list of proposal amendments to the Land Law has been submitted to the Government and is likely to go before the National Assembly during its spring sitting; Tuoi Tre reports.
The changes drawn up by the General Department of Land Administration include provisions for delegating land-transfer and leasing powers to local authorities.
Other changes in the list include the transfer and leasing of land to owners of investment projects occupying at least five hectares of urban land or 50 hectares of non-urban land.
City & provincial authorities would be entitled to handle small instances of this.
The authorities of districts, municipalities and cities managed by provinces, in particular, would be allowed to transfer land to households and individuals for building houses.
The transfer of land-use rights would be undertaken at the commune or district level.
Household and individual holders of land-use rights would be allowed to lease their land to foreign-invested projects, as long as the land continued to be used for the purpose already stipulated.
They would also be allowed to use these rights as loan collateral.
Overseas Vietnamese investing and residing in HCMC or Hanoi would be entitled to land-use rights to build housing.
The responsibility for approving land leases of 50-70 years would pass from the National Assembly Standing Committee to the Government.

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