
According to the announcement, the above land area belongs to plot number 193, map sheet number 104 in the land area east of Tran Phu street, Nha Trang ward. It was revoked because it was allocated and leased by the State for a limited period but the land use term was not extended, as stipulated in the 2024 Land Law.
The locality requires the investor to handle the assets attached to the land and fulfill all financial obligations as prescribed throughout the process to hand over the site to the State. According to regulations, the investor has 24 months from the date of expiry of the land lease to dismantle and move the assets on the land.


According to the reporter, the land is currently being used by Nha Trang Sailing Club Joint Venture Company Limited to run a restaurant. The beach area adjacent to Sailing Club Nha Trang restaurant has umbrellas, tables, and chairs as a bar to serve customers.
Source: https://www.sggp.org.vn/nha-trang-thu-hoi-khu-dat-nha-hang-sailing-club-chan-bien-post819900.html






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