A corner of Hồ Chí Minh City – Illustration photo |
To pave the way for foreign players to do long-term business in the Southern city, PM Nguyễn Tấn Dũng made a decision on the time of land rent applied for foreign investors, both individuals and organizations.
The authority of Hồ Chí Minh City will calculate the time for land lease in line with the Land Law of Việt Nam.
Regarding the projects which require large land areas, the Ministry of Natural Resources and Environment will work with the local authority to propose specific solutions.
By Khánh Phương