• kredditacc
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    8 days ago

    You are referring to this, I believe?


    DISCLAIMER: This is not my area of expertise. I also know very little about it.

    There’s a few things you’ll need to keep in minds:

    1. Disputes regarding land compensation rates happen for every big project and every mega project. It is expected of the people, the government, and the business to negotiate.

    2. The government compensate the price of land according to the current value for agriculture lands, not the projected/speculated value. The Hưng Yên project is no different.

    3. Legally speaking, lands cannot be owned by individuals or households in Vietnam. Instead, they got Land Use Rights (quyền sử dụng đất).

    4. Government reclaiming lands doesn’t mean that the farmers become jobless or be stripped of livelihood. The government is expected to have plan for them. The government must have policies to ensure their immediate survival, their long term education, their job training. These people are given preferential treatment when taking a loan from state-own banks.

    5. I faintly remember from my childhood, watching TV, usually when a big project is announced, the real-estate brokers (cò đất) would buy lands from the farmers and inflate the prices. This caused headaches for the government. I don’t know if this is still a problem in the present day. But since the news rarely talk about it now, I assume it’s no longer a problem.

    6. Whenever land reclamation happens, predictability, there shall be narratives from the liberals and the reactionaries, biased and one-sided at best, and outright alarmist and false at worst, trying to paint the Vietnamese government as oppressor. Do not be deceived by them.


    Now, as for the specifics, since my knowledge about this subject is not good, I shall refrain from giving you answers. I know this may be disappointing, but I don’t like to speak on things I know nothing about. I’m sorry.

    But I can point you to other people who might be more interested in providing you information:

    • @genHCM on Twitter/X
    • @MammothMk4 on Twitter/X
    • @darrion_nguyen on Twitter/X

    @genHCM in particular did mention the Hưng Yên project at least once, IIRC.

    DISCLAIMER: I don’t personally know any of them. I just saw that they wrote a lot. Basically, I vibe-recommended them to you. If they later turn out to be reactionaries or stupid, don’t lump me into them.