2022’s land, water surface rents reduced for COVID-19-affected people
Land and water surface rents in 2022 will be reduced by 30% for lessees that were affected by the COVID-19 pandemic under a decision recently signed by Deputy Prime Minister Le Minh Khai.
Hanoi (VNA) – Land and water surface rents in 2022 will be reduced by 30% for lessees that were affected by the COVID-19 pandemic under a decision recently signed by Deputy Prime Minister Le Minh Khai.
Under Decision 01/2023/QD-TTg, the 30% reduction is applicable for organisations, units,enterprises, households and individuals that directly lease land and water surface from the Stateunder a decision or contract or certificate of land use rights, ownership ofhouses and other land-attached assets of competent state agencies in the formof land rental with annual payment.
This regulation is not applied for land and watersurface rents owed in the years before 2022, or late payment./.
As of August 8, more than 177,989 labourers in Hanoi have received housing rent support under the Prime Minister’s decision with a total amount of over 92.8 billion USD (3.966 million USD), equivalent to 63.6% and 51% of the set plan, respectively.
As of September 7, more than 4.6 million labourers nationwide had received housing rent support worth over 3.1 trillion VND (over 131.46 million USD) under a recent decision of the Prime Minister, equivalent to 83.3% of the total approved registrations.
The domestic rental market had a bright start in 2022, although it began to decline in the second quarter, according to batdongsan.com.vn, Vietnam's leading real estate trading website.
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