Chapter III
RIGHTS AND OBLIGATIONS OF DOMESTIC ECONOMIC ORGANIZATIONS WHICH ARE ASSIGNED LAND BY THE STATE AND SUBJECT TO THE LAND USE LEVY
Article 10.- Domestic economic organizations which are assigned land by the State and subject to the land use levy include: State enterprises, enterprises of political and social organizations, defense and security enterprises, collective economic organizations, stock companies, limited liability companies which are allowed to build and trade in dwelling houses or to invest in infrastructure construction and business in accordance with the business licenses granted by the competent State agency.
Article 11.- Economic organizations which are assigned land by the State and subject to the land use levy shall have the right:
1. To transfer the land use right when selling dwelling houses attached to it to Vietnamese citizens.
2. To transfer the land use right attached to the infrastructures already built thereon to Vietnamese citizens for use as dwelling houses.
3. To lease the land use right attached to the infrastructures already built thereon.
4. To mortgage the value of the land use right at Vietnamese banks to borrow capital for the development of production and business.
5. To contribute the value of the land use right as their capital to joint ventures with domestic organizations and/or individuals.
6. State enterprises, enterprises of political and social organizations, defense and security enterprises shall also have the right to contribute the value of the land use right as their capital to joint ventures with foreign organizations and/or individuals in accordance with the provisions of law.
7. To benefit from the results of investment on the assigned land when transferring, leasing, mortgaging or contributing to joint ventures the value of the land use right.
Article 12.- Domestic economic organizations which are assigned land by the State and subject to the land use levy shall have the obligations:
1. To pay the land use levy in full and on schedule as provided for.
2. To strictly observe regulations on the construction of projects already ratified by the competent authority.
3. To return land to the State upon the expiry of the assignment term, including the public land associated with technical infrastructures already built thereon without compensation.
4. To submit to the State�s regulation of the price difference resulting from the State infrastructure investment in the area when transferring or leasing the land use right in accordance with the provisions of law.
5. To execute decisions on the recovery of land issued by the competent State agency in accordance with the provisions of law.