If foreigner investors who had compensated to the land users to receive transfer of the land use right are allocated or lease land by State, whether the compensated amount they paid is offset against the land use free or land rental?

Domestic organization, individuals; Vietnamese residing permanently oversea; foreign organization and individual allocated with land for which land use fee is collected, leasing land under provision of land law who advance money for compensation, assistance, resettlement and funds for organization of compensation and site clearance in accordance with approve plans shall be refunded by the State budget by way of deduction from the land use or land rental payable.

Of note, the money for compensation, assistance, resettlement and funds for organization of compensation and site clearance shall be refunded or deducted by the State to foreign investors but not exceeding the land use fee or land rental payable of such investors.

Thus, foreign investors shall be refunded money for compensation, site clearance by the State budget by way of deduction from the land use fee, the land rental payable if they were allocated land or leased land for implementing project. In case they are exempted from the land use fee or land rental (if any), money for compensation, assistance, resettlement in accordance with approved plans shall be accounted for in the investment capital of project.