Da Nang speaks out about Chinese enterprise owning land in key location

Through initial review of reported information, the Department of Natural Resources and Environment said that 2 enterprises had completely transferred land use rights, 4 enterprises had 100% domestic capital.

According to the Department of Natural Resources and Environment of Da Nang City, two enterprises related to Chinese factors, Silver Sea Trieu Nghiep Company Limited and Golden Wynn Da Nang Company Limited, have now transferred all previously used land lots to domestic individuals and organizations.

Regarding the land use of the Silver Shoes Hoang Dat International Special Tourism and Entertainment Joint Venture Company, a foreign direct investment enterprise, the Department of Natural Resources and Environment of Da Nang City affirmed that the land lease for the purpose of production and business with a term of 50 years is in accordance with the law.

In some key locations in the coastal area of Da Nang, there are many plots of land that were once in the hands of the Chinese.

This company was established under investment license No. 2581/GP dated June 21, 2006 of the Minister of Planning and Investment. Based on the investment license, this company was leased 20 hectares of land for production and business with a lease term of 50 years (until June 21, 2056) to invest in an international tourism and entertainment area (Casino).

More information about VN Holiday Trading, Tourism and Service Company Limited, known as a company related to Chinese people, owning many plots of land along the fence of Nuoc Man airport (Ngu Hanh Son District), the Department of Natural Resources and Environment of Da Nang City said that the company has now registered for changes and become a 100% domestic-owned enterprise (16th change registration, March 5, 2020).

Need to consult ministries and branches on coastal areas

Also according to the Department of Natural Resources and Environment of Da Nang, according to the provisions of Articles 54, 55, 56 of the 2013 Land Law, land cannot be allocated or leased to foreign individuals. According to the provisions of Article 169 of the 2013 Land Law on receiving the transfer of land use rights, foreigners are not allowed to receive land use rights...

In accordance with the above regulations, the Department of Natural Resources and Environment of Da Nang does not allocate land, lease land and allow the receipt of land use rights for foreign individuals.

Also according to the Department of Natural Resources and Environment of Da Nang City, to limit the situation of "hiding behind the scenes", according to the press, it is necessary to review relevant laws (Land Law, Investment Law, Housing Law, etc.) to ensure consistency and strictness in handling investment activities with foreign elements.

In land allocation, land leasing, and construction management, it is necessary to ensure compliance with land use planning, zoning planning, detailed planning, etc. and strictly comply with relevant legal regulations.

“In particular, we are collecting opinions from ministries and branches on coastal areas and areas that need to ensure national security and defense in accordance with regulations. Currently, we are continuing to review the granting of land use right certificates to organizations and individuals with foreign elements to soon clarify further information reflected by the press and public opinion,” informed the Department of Natural Resources and Environment of Da Nang City.