Pilot project for commercial housing to expand land use rights
- 10
- Business
- 16:19 05/11/2024
DNHN - The National Assembly Standing Committee has submitted a pilot project on commercial housing through land use rights agreements for National Assembly consideration, aiming to unlock resources.
On November 3, the National Assembly Standing Committee reviewed the draft resolution on piloting commercial housing projects through agreements to acquire land use rights or current land use rights, according to the National Assembly's electronic portal.
Minister of Natural Resources and Environment Đỗ Đức Duy presented the Resolution Proposal, stating the pilot's goal is to establish a necessary legal framework for managing the land use rights and real estate market. This resolution aims not only to enable self-negotiation mechanisms between citizens and enterprises but also to reduce administrative intervention, streamline procedures, thereby lowering unnecessary costs and preventing land acquisition-related complaints.

According to the Minister, in the context of rapid urbanization, the need for residential land and housing for citizens is more urgent than ever. The resolution is expected to create a favorable environment for investors and land users to be more proactive in developing commercial housing projects, advancing the nation’s urbanization process.
The resolution specifies that the pilot implementation of commercial housing projects will be nationwide, with defined conditions. Specifically, real estate business organizations can acquire land use rights or current land use rights to develop projects. This includes organizations that must relocate due to environmental pollution or urban planning.
Additionally, the resolution clearly defines the scope of application for government agencies, real estate business organizations, and land users according to the Land Law. This is a crucial step in ensuring transparency and openness in land management.
Chairman of the Economic Committee Vũ Hồng Thanh presented a review report, affirming the necessity of the resolution. However, the Economic Committee also recommended that the Government conduct a detailed, comprehensive assessment of the current status of commercial housing development, including the effectiveness of land funds for housing development in provinces and cities. This is an important point that provides clearer insight into the current development status and existing issues in this sector.

The committee also emphasized the need to assess the status of land speculation and acquisition, along with specific solutions to mitigate negative impacts from the pilot project.
However, implementing this resolution is not without risks and challenges. One of the primary concerns is the potential conflict with existing Land Law regulations. The Economic Committee has also indicated that the resolution's provisions may overlap with those related to forestry, defense, security, and religious and belief grounds.
Therefore, the Economic Committee suggested a thorough review to identify specific land types applicable to commercial housing projects. This measure is intended not only to ensure legality but also to facilitate project development without harming the interests of the involved parties.
During the discussion, several National Assembly deputies expressed their views, stating that the Government should provide additional information and conduct a more detailed assessment of the current state of commercial housing projects. This will help in finding more suitable pilot approaches and addressing the current obstacles faced by many localities.
Some deputies also suggested that the pilot project should not be implemented nationwide but rather tailored to specific areas and urban regions. Not all localities face the same issues, and piloting in areas without obstacles could be a waste of resources.
National Assembly Vice Chairman Nguyễn Đức Hải concluded that the National Assembly Standing Committee agreed to submit to the National Assembly for consideration and decision on piloting the commercial housing project through land use rights agreements. This is not only a major urban development policy but also reflects the Government's commitment to reform, unlocking land resources, advancing socio-economic development, and meeting citizens’ housing needs.
It is clear that these changes will have a significant impact on the real estate market and consumers. However, to succeed, the Government and related agencies need specific plans, thorough assessments of implementation conditions, and close supervision to prevent land speculation or unwanted issues in the future.
The implementation of this resolution will be the beginning of a new journey, where citizens and businesses can collaborate to develop better living environments, promoting sustainable development for the nation in the coming time.
Nhan Ha
Related news
#Real estate

Who are the two mysterious female tycoons holding 52 million HQC shares?
Two female tycoons have emerged as major shareholders of Hoang Quan Consulting-Trading-Service Real Estate Corporation (HQC), holding a combined 52 million shares, with investments totaling hundreds of billions of VND.

More than 1,000 new real estate businesses established in Ho Chi Minh City, transactions grow
In the first nine months of 2024, Ho Chi Minh City's real estate market witnessed the establishment of over 1,000 new businesses and recorded 1,600 property transactions, signaling a positive recovery trend.

Assoc. Prof. Dr. Tran Kim Chung: The 1987 Land Law laid the foundation for the real estate market
Assoc. Prof. Dr. Tran Kim Chung, former Deputy Director of the Central Institute for Economic Management, states that the 1987 Land Law laid the groundwork for the development of the real estate market.

Draft resolution on commercial housing: A new opportunity for the real estate market
Amid the challenges facing Vietnam’s real estate market, the addition of a Draft Resolution piloting commercial housing projects brings renewed hope to citizens and promises to boost economic development.

Social housing loan package increased to VND 145 trillion
The social housing loan package, originally valued at VND 120 trillion, has been raised to VND 145 trillion with the participation of nine banks, drawing attention from businesses and consumers.

What should real estate businesses do during a recession cycle?
When the real estate sector enters a recession cycle, businesses in the industry face significant challenges.
Đọc thêm Business
US tariffs on Brazil propel Vietnam’s pangasius into global spotlight
Vietnam’s pangasius industry eyes $2 billion worth of exports in 2025 amid shifting US trade policy and a global supply realignment.
CICON expands strategic alliances: A new step forward in Vietnam–Korea business connectivity
On the afternoon of September 26, 2025, a strategic cooperation signing ceremony took place between CICON (Korea) and its key Vietnamese partners, including the Ho Chi Minh City Association of Small and Medium Enterprises (HUBA), Doanh nghiệp & Hội n
What must Vietnamese enterprises do to maintain their position in the global supply chain?
Mr. Lu Wei Chieh, General Manager of Cathay United Bank – Ho Chi Minh City Branch, shared with Business & Integration Magazine key strategies that can help Vietnamese enterprises not only stand firm but also go further amid shifting global dynamics.
Vietnam hits highest FDI inflow since 2009, fuels industrial real estate boom
This robust inflow is not only transforming the country’s industrial landscape but also signaling Vietnam’s rising role in the global supply chain amid shifting geopolitical dynamics.
Foreign investors expected to open 150,000 new securities accounts in the next 5 years
The Ministry of Finance has set an ambitious target to increase the number of securities trading accounts held by foreign investors in Vietnam to 200,000 by 2030—four times higher than the current figure.
Vietnam launches “Private Economy Panorama Model” to foster public-private national development
Billionaire Nguyen Thi Phuong Thao emphasizes that entrepreneurs’ responsibilities extend beyond profits to creating social value.
Deputy Prime Minister Lê Thành Long meets with Osaka Governor Yoshimura Hirofumi to promote Vietnam–Japan cooperation.
As part of his working visit to Japan and participation in the Vietnam National Day at EXPO 2025 Osaka, on September 8, Deputy Prime Minister Lê Thành Long held talks with Osaka Governor Yoshimura Hirofumi.
Larry Ellison’s lesson: Enduring success starts with fixing the market’s pain points
As of today, Larry Ellison has risen to become the world’s second-richest billionaire with a fortune of nearly $260 billion, surpassing familiar names such as Jeff Bezos and Warren Buffett.
The master sales secrets of luxury king Bernard Arnault that make the world spend
Billionaire Bernard Arnault, Chairman of LVMH (Moët Hennessy Louis Vuitton), controls more than 70 of the world’s most prestigious luxury brands, from Louis Vuitton and Dior to Moët & Chandon and Bulgari.
White House: When politics and technology join forces to rewrite the global AI order
The White House became the epicenter of global attention as U.S. President Donald Trump and First Lady Melania Trump hosted a high-profile state dinner, bringing together more than 20 of the most powerful leaders in technology and American business.