Circumstances of determining land price for compensation for acquisition at projects in Phu My town, Ba Ria – Vung Tau province

Abstract

This paper aims to assess the current situation of determining land prices for compensation when the State recovers land at projects on Hoa Phuoc – Cai Mep Road and My Xuan Market. The study interviewed 79 households whose land was acquired, analyzed secondary data, and used the 5-level Likert scale to assess their satisfaction. The results show that the determination of land prices for compensation was conducted with the prescribed order and ended 5–10 days earlier than regulated. The land price determined in the two projects was higher than the land price issued by the state, but it was 0.48–0.71 times lower than the market land price. At the Phuoc Hoa – Cai Mep road project, however, the prices for salt production land and production forest land followed the state regulations, leading to complaints and disagreements from the owners. Besides, the land owners’ satisfaction with the compensation is only moderate. In addition, determining prices still faces numerous difficulties and inadequacies regarding legal regulations, processes, implementation organization, human resources, and facilities.