Hanoi earns $349 million in land auctionsVietNamNet Bridge – Hanoi earned VND7.955 trillion (US$349 million) from auctioning land-use rights last year, pushing the total revenue it earned from land up to VND37 trillion ($1.62 billion). — VNA/VNS PhotoLand-related revenue, including land leases, land fees and land auctions, accounted for 15 per cent of the city’s total budget last year. This indicates land users have provided information about the origins and use of the land, which authorities have reviewed and approved. Certifications were granted to land users of over 196,000 land plots, the usage of which was declared for the first time last year. Last year, the city authorities approved over 2,000 projects on land eviction, land allocation, land lease or changes in land-use purpose.