Official land prices

A Vietnamese business paper provides a fascinating window on land prices – official versus market – in an economy that has partially transitioned from socialism to markets:

Hanoi has been collecting public feedback on its first-ever land price list, set to be announced and implemented on January 1, 2026. The list will help the capital complete its digital land database and publish prices online, giving residents and businesses easier access, and forms part of efforts to improve coordination between local authorities in updating and synchronizing data.

Under Hanoi’s new proposal, land prices will be divided into 17 zones, to group areas with similar development conditions…

Phan Duong in VnEconomy