Promote positive growth of land revenue

The city is speeding up the completion of land valuation work at many projects to boost the collection of financial obligations of investors. Photo: HOANG HIEP

Removing obstacles, promoting land valuation

In recent times, the city has actively removed difficulties and obstacles and accelerated the implementation of procedures on land, planning, investment, finance, etc. for many real estate projects to soon put land into use and projects into operation, contributing to socio -economic development. At the same time, it has promoted the collection of land financial obligations from investors, especially in real estate projects, to create large revenue sources for the budget.

For example, the Department of Agriculture and Environment is carrying out procedures to submit to the City People's Committee to issue a decision approving the land price of the project so that the investor can complete financial obligations and subsequent legal procedures. These will also create conditions for the investor to focus resources to complete the project, put the tower into operation soon, contribute to generating budget revenue and promoting socio-economic development.

In addition, the Department of Agriculture and Environment is also coordinating with consultants and hiring consultants to develop specific land price plans for many projects to both create conditions for investors to soon complete their financial obligations regarding land and create revenue for the city budget, meeting the increasing demand for development investment capital in the coming time.

The city is also focusing on removing difficulties and obstacles in land valuation to promote collection of land financial obligations.

The Department of Agriculture and Environment has just organized guidance and training on land valuation to improve the professional capacity and expertise of officials, civil servants, and public employees of departments, branches, units, and localities according to decentralization and decentralization in the city to speed up the progress of land valuation, promote land allocation and leasing..., contributing to the growth of land revenue.

Deputy Director of the City Department of Agriculture and Environment Tran Quoc Hung said that land valuation has changed a lot with new regulations.

The city is focusing on removing difficulties and obstacles and perfecting and promoting land valuation, ensuring the correct and full collection of financial obligations of investors to the budget, effectively serving state management and the overall development of Da Nang city.

Many projects and works were soon put into operation, contributing to the socio-economic development of the city. Photo: HH

Nurturing revenue from land auctions

Director of the Da Nang City Land Fund Development Center Vo Nguyen Chuong said that in early 2025, Da Nang City (old) set a target of striving to achieve land revenue of more than 4,500 billion VND in the year.

In which, the Da Nang City Land Fund Development Center is assigned to generate revenue of 2,000 billion VND from land auctions and short-term land fund leases; the remaining 2,500 billion VND is collected by the city from financial obligations from land use revenue, and the removal of difficulties and obstacles for projects and land...

As for the Danang City Land Fund Development Center, as of August 2025, the unit has generated revenue of VND 2,022 billion from land fund auctions and short-term land leases.

The land auction work is being aimed at creating space to nurture higher revenue from 2026 to meet the city's socio-economic development requirements.

“The large land plots and resettlement lots that the Danang City Land Fund Development Center will coordinate to auction from now until the end of 2025 are expected to generate revenue for the city budget in 2026,” said Mr. Vo Nguyen Chuong.

According to Da Nang City Tax, in the first 8 months of 2025, land revenue (land rent, water surface rent, land use fees...) in the city was only 5,063 billion VND, reaching 63.5% of the estimate and increasing 95.2% over the same period in 2024.

In addition, the land rent that is being extended is 338 billion VND. If including the land rent that is being extended, the total amount of revenue from land in Da Nang city in the first 8 months is 5,401 billion VND, reaching 67.8% of the estimate and increasing 104.8% over the same period.

In order for the state budget collection in the city to reach and exceed the target set for 2025, including revenue from land, in the remaining months of the year, Da Nang City Tax will focus on reviewing all projects that are being temporarily calculated, temporarily collecting land rent, land use fees...

From there, proactively coordinate with specialized departments, branches and sectors in the area to advise the City People's Committee to issue land price decisions, serving as a basis for tax authorities to notify investors of financial obligations on land and promptly collect outstanding amounts to the state budget.

At the same time, continue to implement management and exploitation measures to increase revenue from land and prevent budget losses in the real estate business sector.

Source: https://baodanang.vn/thuc-day-tang-truong-tich-cuc-nguon-thu-tu-dat-3303157.html