Maximising the value of publicly owned land and buildings

Dak Lak Province has identified the effective use of land resources and public assets, alongside decisive action to resolve the issue of surplus public buildings coupled with land, as key measures in implementing its growth scenario for the remaining months of 2026.

Following the reorganisation into a two-tier local government system, the Department of Finance advised on the transfer of 56 local public property sites to central government agencies based in the province. It also received 120 sites handed over by Central government agencies to local authorities, assigning them to the Provincial Land Fund Development Centre and commune- alongside ward-level People’s Committees for management and utilisation.

The department has also taken the lead in coordinating with relevant agencies and units to conduct on-site inspections of public buildings along with land. It has worked with commune- and ward-level authorities to review proposed handling plans for each site. For properties that do not meet the legal requirements for disposal under land legislation, the department has proposed alternative measures to ensure appropriate handling.

The former headquarters of the Dak Lak Provincial Viet Nam Fatherland Front Committee in Buon Ma Thuot Ward being renovated for more effective use of public buildings coupled with land.
The former headquarters of the Dak Lak Provincial Viet Nam Fatherland Front Committee in Buon Ma Thuot Ward being renovated for more effective use of public buildings coupled with land.

As of October 21, 2026, the province had completed the rearrangement and handling of 4,261 public property sites under local management. Of these, 88 were transferred to the Provincial Land Fund Development Centre together with 849 to commune- and ward-level authorities. Total land-use revenue determined to date stood at 1,526.3 billion VND, including 1,186.45 billion VND from land-use rights auctions alongside nearly 340 billion VND from land allocation for resettlement.

The Department of Agriculture and Environment has currently submitted 39 of the 44 sites to the PPC Chairman for approval for auction. A total of 157 public property sites have identified tenants as well as signed lease agreements, generating nearly 17.3 billion VND annually. The Provincial Land Fund Development Centre has completed rental price approvals and issued leasing notices for 30 sites. Simultaneously, it has also completed assessments of the quality of assets attached to the land at eight sites alongside prepared auction plans for 17 buildings.

According to Mr. Ho Quang Tuan, Deputy Director of the Department of Finance, commune- and ward-level authorities will proceed with handling plans for 24 sites in the coming period. For 33 sites across 15 communes coupled with wards where rental prices have yet to be approved, relevant units must complete the dossiers, determine rental rates and submit them to competent authorities for approval before November 5, 2026. For sites with approved rental rates but no leasing notices issued, the authorities concerned have been asked to urgently complete the subsequent procedures within October 2026. Relevant specialised agencies, commune- along with ward-level People’s Committees and the Provincial Land Fund Development Centre have been assigned to complete legal dossiers as well as meet all related requirements for organising auctions of public buildings and land once the PPC Chairman issues approval decisions in accordance with the Land Law.

Comrade Do Huu Huy, Alternate Member of the Party Central Committee, Deputy Secretary of the Provincial Party Committee and PPC Chairman, has called on departments, agencies together with local authorities to make effective use of surplus public buildings and land province-wide. Land funds alongside public assets put up for auction or lease must be managed and utilised in accordance with their approved purposes as well as plans, with progress reports submitted weekly. Concurrently, comrade also called for firm action against encroachment on public property, delays in handover and legal obstacles affecting projects.

Provincial leaders have tasked the Department of Finance with continuing to urge relevant units to resolve issues involving public offices, buildings and land province-wide. Sites with approved handling plans should be brought into actual use as soon as possible. The department is also required to strengthen guidance for local authorities in addressing difficulties related to the management along with utilisation of public offices and assets, while compiling recommendations and proposals for submission to competent authorities for timely consideration coupled with resolution.

Translated by HAI LOAN 

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