Regulations on land valuation council under Land Law 2024

Article 161 of the 2024 Land Law stipulates:

1. The Provincial People's Committee decides to establish a Land Price List Appraisal Council, including the Chairman of the Provincial People's Committee or 01 Vice Chairman of the Provincial People's Committee as Chairman of the Council, the Head of the provincial financial agency as Vice Chairman of the Council, members of the Provincial People's Committee who are heads of provincial specialized agencies; Chairmen of the District People's Committees; representatives of relevant agencies and organizations, land price determination consulting organizations and experts.

2. The Provincial People's Committee decides to establish a specific provincial-level Land Valuation Council, including the Chairman of the Provincial People's Committee or 01 Vice Chairman of the Provincial People's Committee as Chairman of the Council; Head of the provincial-level financial agency as Vice Chairman of the Council; Chairman of the District and Commune People's Committees where the land is located and representatives of relevant agencies and organizations. The Provincial People's Committee may invite representatives of land valuation consultancy organizations or land price experts to participate as members of the Council.

3. The People's Committee at the district level decides to establish a specific land valuation council at the district level, including the Chairman of the People's Committee at the district level or 01 Vice Chairman of the People's Committee at the district level as Chairman of the Council; Head of the district-level financial agency as Vice Chairman of the Council; leaders of relevant departments and organizations; Chairman of the People's Committee at the commune level where the land is located. The People's Committee at the district level may invite representatives of land valuation consultancy organizations or land valuation experts to participate as members of the Council.

4. The Land Price Appraisal Council, the Provincial and District-level Specific Land Price Appraisal Council decides to establish a Working Group to assist the Council and hire a land price consultancy organization to advise on the appraisal of land price lists and specific land prices.

5. The appraisal content of the Land Price List Appraisal Council and the Land Price Appraisal Council specifically includes compliance with principles, land valuation methods, land valuation procedures, and information collection results.

6. The Land Price List Appraisal Council, the Provincial and District-level Specific Land Price Appraisal Council are responsible for the appraisal content specified in Clause 5 of this Article.

The Council works independently, objectively, in a collective manner, and decides by majority; the Chairman and members are personally responsible for their opinions. Council meetings must have minutes fully recording the opinions discussed and voting results, which are stored together with the meeting documents and written opinions of Council members.

The Land Price Appraisal Council and the specific Land Price Appraisal Council are invited to invite representatives of the Vietnam Fatherland Front Committee at the same level and other socio-political organizations to attend the land price appraisal meeting.