@article{ART002450847},
author={Kim, Jung Sun},
title={Vietnamese Land System and Land Appraisal Practice},
journal={Korea Real Estate Review},
issn={2092-5395},
year={2019},
volume={29},
number={1},
pages={63-69},
doi={10.35136/krer.29.1.5}
TY - JOUR
AU - Kim, Jung Sun
TI - Vietnamese Land System and Land Appraisal Practice
JO - Korea Real Estate Review
PY - 2019
VL - 29
IS - 1
PB - korea real estate research institute
SP - 63
EP - 69
SN - 2092-5395
AB - This study aims to examine the land system of Vietnam, regarded as the most suitable investment place at present, in the situation where the interest is increasing due to the soaring overseas expansion of its real estate industry, and to improve the practical understanding of such system by examining examples of land appraisal. Vietnam is opening much of its economy, but it is also endeavoring to maintain its foundations as a socialist country. The Vietnam Constitution and Civil Law declare that all the lands in the country belong to or are owned by the state and all the Vietnamese people, and they only grant individuals the right to use a piece of land in Vietnam when they have satisfied certain requirements. This notwithstanding, it is widely recognized that such right of use of a piece of land in Vietnam is effectively exercised as a property right in the market. In addition, in terms of the land system, land is managed based on land design, planning, and individual land development plans instead of the zoning system, which is different from the actual situation in South Korea.
With regard to the issues related to land assessment, there has been no case of direct application of fundamental land prices to land valuation in Vietnam, and there is a need to pay attention to the fact that the fundamental land prices are indirectly being used for comparing individual properties. In addition, the administrative factors must be corrected by examining the use permission details of individual lots, and the regional urban planning drawings must be reviewed based on the roadsides of the relevant regions
KW - Vietnam land system;fundamental land pricing system;socialist country’s land system;land appraisal
DO - 10.35136/krer.29.1.5
ER -
Kim, Jung Sun. (2019). Vietnamese Land System and Land Appraisal Practice. Korea Real Estate Review, 29(1), 63-69.
Kim, Jung Sun. 2019, "Vietnamese Land System and Land Appraisal Practice", Korea Real Estate Review, vol.29, no.1 pp.63-69. Available from: doi:10.35136/krer.29.1.5
Kim, Jung Sun "Vietnamese Land System and Land Appraisal Practice" Korea Real Estate Review 29.1 pp.63-69 (2019) : 63.
Kim, Jung Sun. Vietnamese Land System and Land Appraisal Practice. 2019; 29(1), 63-69. Available from: doi:10.35136/krer.29.1.5
Kim, Jung Sun. "Vietnamese Land System and Land Appraisal Practice" Korea Real Estate Review 29, no.1 (2019) : 63-69.doi: 10.35136/krer.29.1.5
Kim, Jung Sun. Vietnamese Land System and Land Appraisal Practice. Korea Real Estate Review, 29(1), 63-69. doi: 10.35136/krer.29.1.5
Kim, Jung Sun. Vietnamese Land System and Land Appraisal Practice. Korea Real Estate Review. 2019; 29(1) 63-69. doi: 10.35136/krer.29.1.5
Kim, Jung Sun. Vietnamese Land System and Land Appraisal Practice. 2019; 29(1), 63-69. Available from: doi:10.35136/krer.29.1.5
Kim, Jung Sun. "Vietnamese Land System and Land Appraisal Practice" Korea Real Estate Review 29, no.1 (2019) : 63-69.doi: 10.35136/krer.29.1.5
