Revised land law shows fair policy towards OVs: Ambassador

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.

Vietnamese Ambassador to Hungary Nguyen Thi Bich Thao (L) speaks at the meeting with NA Vice Chairman Tran Quang Phuong (Photo: VNA)

Berlin (VNA) – 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 to Hungary Nguyen Thi Bich Thao.

In a meeting with NA Vice Chairman Tran Quang Phuong, who was on a working visit to Europe, the diplomat expressed the hope that specific regulations regarding procedures and necessary documents for real estate transactions involving OVs will be issued soon.

From a business perspective, Pham Ngoc Chu, Vice Chairman of the Global Vietnamese Business Association and Chairman of the Vietnamese Business Association in Hungary, affirmed that businesses in Europe strongly support the law as it ensures equality between OVs and Vietnamese businesses and those living in the homeland in buying, selling, transferring, and inheriting land use right and houses in Vietnam.

This will encourage Vietnamese citizens and businesses abroad to pour more investment in the homeland in all fields, he added.

In the meeting, NA Vice Chairman Phuong affirmed that the Vietnamese community abroad is an inseparable part of the nation.

He also addressed numerous opinions from the community regarding such matters as restoring the Vietnamese nationality, issuing citizenship cards, increasing the number of scholarships for Vietnamese students, teaching the Vietnamese language, and preserving and promoting the Vietnamese culture in Hungary./.

VNA