Minister Dung said the Ministry of Planning and Investment will research and advise the Government in the promulgation of policies in response to the situation when a number of foreign investors use names of Vietnamese businesses and individuals to accumulate land in the country, especially land in coastal and border areas.
This is a big issue, the minister said, pledging that the ministry will inquire into the situation and report results to the Government and the legislature.
He made the explanation in reply to a deputy from the northern province of Nam Dinh who pointed to the fact that many Vietnamese enterprises and individuals have purchased and transferred land use rights to foreigners.
The legislator also asked the ministry to clarify the land use plan for the 10 years.
