Society

OVs applaud revisions to land, real estate-related laws

The regulations related to overseas Vietnamese (OVs) in the revised laws on land, housing, and real estate business were disseminated to expatriate at a hybrid conference on March 26.
OVs applaud revisions to land, real estate-related laws ảnh 1The revised laws on land, housing, and real estate business have expanded relevant rights of overseas Vietnamese. Illustrative image (Photo: VNA)
Hanoi (VNA) – The regulationsrelated to overseas Vietnamese (OVs) in the revised laws on land, housing, and realestate business were disseminated to expatriate at a hybrid conference onMarch 26.

The conference was held by the StateCommittee for OV Affairs under the Ministry of Foreign Affairs, the NationalAssembly’s Committee for Economic Affairs, the Ministry of Construction, andthe Ministry of Natural Resources and Environment. It was connected with over50 places both at home and abroad via videoconferencing and livestreamed onsocial networks for OVs to follow.

Atthe event, officials presented the new points directly related to OVs in thethree revised laws, saying the rights of OVs, including those holdingVietnamese nationality or Vietnamese-origin people, are now expanded andstipulated in a more detailed manner.

OVssaid the revised laws have met many of their aspirations and opinions contributedduring the amending process. With the new points of these laws, OVs’ rights in thefields of land, housing, and real estate business have been expanded,demonstrating the Party, State, and National Assembly’s attention to Vietnameseabroad.

Theyexpressed their hope that documents guiding law enforcement will furtherdetail those new regulations so that OVs can invest more strongly in domestichousing and real estate.

DeputyMinister of Foreign Affairs Le Thi Thu Hang, who is also Chairwoman of theState Committee for OV Affairs, said that implementing the Politburo’s directionson OV affairs, the committee has actively coordinated with the relevant sidesin the amendment of policies and laws related to OVs, especially the ones onland, housing, and real estate business.

She called on OVs to help with theenforcement of these laws and asked relevant agencies to take in their opinionsto continue institutionalising the Party’s guidelines and policies and properlyimplement the laws in reality.

Talking tothe Vietnam News Agency after the conference, Nguyen Duc Diane Thu Dung,Chairwoman of the French-based Association for the Promotion of VietnameseCulture (APCV),highly valued the Government’s attention to OVs. She held that the revised LandLaw, the revised Law on Housing, and the revised Law on Real Estate Businesswill give OVs more opportunities and further inspire their willingness toreturn and contribute to the homeland’s development.

Bui KimTuyet, member of the executive committee of the General Union of Vietnamese inFrance (UGVF), noted she hopes when coming into force in 2025, the revised LandLaw will create many opportunities for more OVs in France to return to Vietnam.

She alsoproposed the State create favourable passport granting conditions so that theycan return to buy housing and land in the country. She considered this asimportant and essential because a number of Vietnamese-origin people have livedin France for a long time but they haven’t got a Vietnamese passport despitehigh demand.

Voicing hisdelight at the new land-related policies, Phan Vinh, Vice Chairman of the associationof Vietnamese sea and island lovers in France, said the revisions will helpattract more OVs and OV entrepreneurs to the homeland to buy houses, makeinvestment, and contribute to national development.

Echoing theview, Assoc. Prof. Tran Phuong Tra at the IPAG Business School in France andDirector of the Economic Policy Network of the Association of VietnameseScientists and Experts (AVSE Global), perceived that the revised Land Law willhelp create more space of creation for new projects to ensure interests of bothlocalities and OV investors./.
VNA
#overseas Vietnamese #Land Law #Law on Housing #Law on Real Estate Business #Vietnamese-origin people #National Assembly #real estate #updated Vietnam news #Vietnamplus #Vietnam News Agency
Follow VietnamPlus

Related News

Revised Land Law better suited to overseas Vietnamese

Revised Land Law better suited to overseas Vietnamese

The revised Land Law, recently adopted by the 15th-tenure National Assembly, which includes people of Vietnamese origin among land users and increases interests for foreign-invested economic entities, is expected to have positive impacts on the real estate market and the economy at large.
Revised Land Law expected to help draw investments from OVs

Revised Land Law expected to help draw investments from OVs

The revised Land Law, recently passed by the National Assembly, is expected to attract capital from overseas Vietnamese (OV) across the world, said Chief of the Office of the Vietnam-Japan Business Association (VJBA) Dang Thai Minh.
OV praises revised Land Law’s openness, inclusivity

OV praises revised Land Law’s openness, inclusivity

An overseas Vietnamese (OV) has lauded the revised Land Law, which was passed by the Vietnamese National Assembly in January, highlighting its focus on attracting foreign capital and fostering connections between OVs and their homeland.
Revised Land Law helps boost Vietnam’s investment appeal

Revised Land Law helps boost Vietnam’s investment appeal

The revised Land Law, which was passed by the Vietnamese National Assembly in January 2024, is expected to lure capital from overseas Vietnamese (OV), said Chairman of the Vietnamese Business Association in Australia (VBAA) Tran Ba Phuc.

See more

Illustrative photo (Photo: VNA)

Ho Chi Minh City steps up law enforcement on fishing vessel monitoring system

Ho Chi Minh City has 4,449 fishing vessels, of them 4,301 equipped with VMS devices, making up 96.67%. Between January 1, 2024, and December 31, 2025, authorities found 1,729 cases of vessels losing VMS connection for six hours or more, issuing fines in 196 cases totalling nearly 6.6 billion VND (about 252,000 USD)

Delegates from both countries at the welcoming ceremony on January 19 for the Japan Coast Guard patrol vessel Akitsushima during its courtesy visit to Da Nang. (Photo: VNA)

Japan Coast Guard patrol vessel pays courtesy visit to Da Nang

During the visit, Japanese officers and sailors are scheduled to pay courtesy calls on leaders of the Da Nang People’s Committee, the director of the regional maritime search and rescue coordination centre No. 2, and the Commander of Coast Guard Region 2, as well as visit local cultural and tourist sites.

A flag salute ceremony at the headquarters of the Central Committee of the Ho Chi Minh Communist Youth Union (Photo: VNA)

Vietnamese youth support 14th Party Congress with nationwide flag raising

Following the flag salute and the screening of a documentary revisiting the Party’s proud history, the event continued with a coordinated online communications campaign. Youth members simultaneously scanned QR codes to install a custom-designed phone wallpaper themed “Vietnamese youth welcome the 14th National Party Congress”.

Saplings and supplies loaded onto Ship 638 for “Greening Truong Sa” programme (Photo: VNA)

Lunar New Year gifts to come to Truong Sa Special Zone

Despite complicated weather conditions at sea, officers and sailors of Naval Group 129 under the Vietnam People’s Navy affirmed their determination to complete the mission safely and on schedule, ensuring Tet gifts and supplies reach the Truong Sa Special Zone in a timely manner.

Vietnam’s human resources quality has increasingly improved, with policies on comprehensive human development becoming more complete, focused and practical (Photo: VNA)

Human resources breakthrough - sustainable foundation for development

Vietnam’s Human Development Index (HDI) rose by 14 places to 0.766, placing the country in the group of nations with high human development. The national happiness index climbed 33 places to rank 46th out of 143 countries, reflecting significant improvements in quality of life, social environment and spiritual well-being.

Military soldiers promptly build houses for flood-hit families in Dak Lak (Photo: VNA)

Quang Trung Campaign close to finish: Strength of Party–people unity

Together with contributions from mass organisations, businesses and people nationwide, the campaign has embodied the strength of Party–people unity. As Tet approaches, rows of newly repaired and rebuilt homes stand as tangible proof of solidarity, restoring confidence and helping flood-hit communities look forward to rebuilding their lives.

Transporting Tet gifts onto the ship (Photo: VNA)

Tet gifts to be presented to soldiers on DK1 platform, naval vessels

The Naval Region 2 Command, headquartered in Long Son commune, Ho Chi Minh City, held a meeting on January 15 to assign tasks to a working delegation of journalists ahead of their departure to visit and extend Lunar New Year (Tet) greetings to officers and soldiers stationed on the DK1 platform, vessels on duty at sea, and Con Dao Special Zone.

Soldiers and trainees from the Military School of Military Region 5 are pouring concrete pillars and constructing the second floor according to the design to provide shelter for residents during floods. (Photo: VNA)

Quang Trung Campaign helps strengthen army–people bond in Dak Lak

The Central Highlands province of Dak Lak has basically completed the Quang Trung Campaign launched by Prime Minister Pham Minh Chinh to swiftly rebuild and repair homes for people affected by natural disasters, helping hundreds of families stabilise their lives.

Professor Shimizu Masaaki from Japan’s University of Osaka (Photo: VNA)

Vietnam emerging as region’s “co-creative partner”: Japanese professor

Professor Shimizu Masaaki from Japan’s University of Osaka said that while the 13th National Party Congress was “foundational” in nature, laying out a long-term vision toward 2045, the draft documents to be submitted to the 14th Congress demonstrate a stronger sense of urgency and a spirit of “breakthrough.”