The Land Law (revised), which expands land use rights for overseas Vietnamese (OVs) and Vietnamese citizens residing abroad, is expected to give a boost to the domestic real estate market.
The Land Law (revised) is expected to give a boost to the domestic real estate market.(Photo: VNA)
Washington D.C. (VNA) – The Land Law(revised), which expands land use rights for overseas Vietnamese (OVs) andVietnamese citizens residing abroad, is expected to give a boost to thedomestic real estate market.
Lieu Nguyen, global ambassador to Vietnam, Cambodia, and Indonesia from the US National Association of Realtors, saidthe legal document will help OVs and foreign investors feel secure aboutinvestment in the market.
Many elderly Vietnamese in the US share the wish tolive in their homeland after retirement and purchase property there, saidLieu, who works for Westgate Realty Group of the US.
Lieu Nguyen, global ambassador to Vietnam, Cambodia, and Indonesia from the US National Association of Realtors, in an interview with the Vietnam News Agency. (Photo: VNA)
She proposed Vietnam implement home resort projectsto serve not only OVs but also retired US and Japanese people who want to residein the Southeast Asian nation, adding the projects should include medicalservices and others for the elderly.
Lieu also held that the law will help spur thedomestic real estate market as well as Vietnam’s tourism and economy.
With 16 chapters and 260 articles, the revised LandLaw, passed at the 15th National Assembly (NA)’s 5th extraordinary session inJanuary 2024, will come into force from January 1, 2025, except for someparticular articles./.
The Land Law (revised), which expands land use rights for overseas Vietnamese (OV) and Vietnamese citizens residing abroad, meets the aspirations of OVs and contributes to mobilising investment resources to Vietnam at the same time, said Nguyen Duc Hieu, standing member of the National Assembly (NA) Economic Committee.
The Land Law (revised), which expands land use rights for overseas Vietnamese and Vietnamese citizens residing abroad, meets the aspirations of overseas Vietnamese and contributes to mobilising investment resources to Vietnam at the same time, according to experts.
The Land Law (revised) passed in January by the National Assembly (NA) is a huge step forward that demonstrates the attention of the Party, the State, the Government, and the NA in protecting the rights of overseas Vietnamese (OVs) and Vietnamese citizens residing abroad, according to Dr. Phan Bich Thien, member of the Central Committee of the Vietnam Fatherland Front and Chairwoman of the Vietnamese Women's Association in Hungary.
Overseas Vietnamese (OV) are thrilled to hear about new provisions in the Land Law (revised) passed recently by the National Assembly (NA), which demonstrates the attention of the Party, the State, the Government, and the NA in ensuring equal rights between OVs and Vietnamese citizens residing inside the country to purchase and own land use right and houses in their homeland, said Vietnamese Ambassador in Hungary Nguyen Thi Bich Thao.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.
The Land Law (revised) is expected to give a boost to the domestic real estate market.(Photo: VNA) 
Lieu Nguyen, global ambassador to Vietnam, Cambodia, and Indonesia from the US National Association of Realtors, in an interview with the Vietnam News Agency. (Photo: VNA) 
