“After more than a year of implementation, the 2024 Land Law has revealed numerous shortcomings, among which land valuation stands out as a ‘backbone’ factor determining the effectiveness of many policies related to land recovery, compensation, resettlement and land use rights auctions.
To ensure that policies are implemented effectively, fairly and sustainably, it is urgent to amend and supplement the Land Law, particularly regarding the land valuation mechanism.” – Viet Nam News