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New decree offers displaced residents compensation deal

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Residents who must move to make way for development projects will be compensated with land whose use is similar to their original plot, according to a new Government decree.

If there is no available land, displaced residents will be compensated with cash equal to their land price calculated at the time when the reclamation decision is made.

Effective on October 1, the decree contains regulations on zoning, prices, compensation and resettlement.

It also includes details on how local residents will be supported, including job creation, expenses for resettlement and vocational training.

Individuals and families whose agricultural land is reclaimed and who are not compensated with land will be helped to find other jobs.

In addition, they will either receive cash equal to 1.5-5 times of the value of their reclaimed land or will have a choice of receiving a residential land lot, an apartment, or a land lot for non-agricultural trade and production.

Displaced residents, who are of working age will be provided free vocational training, if requested.

The decree also contains provisions on compensation for houses and other construction facilities that were destroyed on reclaimed land.

Pham Khoi Nguyen, minister of Natural Resources and Environment, said the decree focused on solving impediments during land compensation and reclamation, especially for agricultural land.

Nguyen said the ministry decided to provide as many benefits as possible to people whose land had been reclaimed.

Nguyen said his ministry was completing guiding documents on implementing the decree and would issue the guidance by the end of August. 
 

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