Opinions at the event focused on policies and mechanisms related to finance, land bidding, compensation for resettlement and land reclamation, land use and management, harmonization of interests among the State, land users and investors, among others.
Revisions to the Law are aimed at improving the efficiency of land use and management, contributing to promoting industrialization and modernization, ensuring national defense-security, and protecting the environment.
The draft Law will be submitted to the Government for first consideration at the N.A.’s fourth meeting in this October. It will be later under second discussion at the fifth meeting in May 2023, and approved by the legislature at the sixth meeting in October 2023.
Following the fourth meeting, the N.A. Standing Committee and the Government will collect public feedback on the draft amended Law.
Source: VNA