![Sample our Built Environment journals, sign in here to start your access, Latest two full volumes FREE to you for 14 days]({"type":"image" , "src" : "/sda/5926/TOC-Subject-Sample-2021-Built-Environment.jpg"})
ABSTRACT
This paper focuses on the influence of land and property privatization processes on urban development in Ho Chi Minh City (HCMC), Vietnam. Many scholars have recognized that the privatization policy regarding property and land use rights may create a fragmentation of private land ownership, which eventually can lead to what has been called the tragedy of the anticommons. This paper observes how this phenomenon has also threatened urban development in HCMC after the introduction of the Doi Moi policy. Two case studies show two different types of development processes in HCMC, namely a small self-development project and a large-scale commercial project. Both case studies reveal how (potential) tragedies of the anticommons can be solved in different ways.
Supplementary material
The supplementary material for this paper is available online at http://dx.doi.org/10.1080/12265934.2016.1209122
Disclosure statement
No potential conflict of interest was reported by the authors.
ORCiD
Thanh Bao Nguyen http://orcid.org/0000-0001-8703-7372
Erwin Van de Krabben http://orcid.org/0000-0002-2566-890X
D. Ary A. Samsura http://orcid.org/0000-0001-9512-9592
Notes
1 See Nguyen, van der Krabben, and Samsura (Citation2014) for more information about institutional change related to land and property development in Vietnam.
2 Before 2000, the owner of a property still needed a license to let the building to a foreign user. This regulation has been cancelled.
3 According to the law at that time, a foreign company had to establish a joint venture with a domestic company in order to make an investment in Vietnam.
4 According to Vietnamese Law, all projects with a capital investment of US$75 million or more must be approved by the Prime Minister.