The amended Land Law, which was passed by the Vietnamese National Assembly in January 2024, will help protect the legitimate rights and interests of investors and owners who are overseas Vietnamese (OVs), thus making the real estate market more transparent and stable, according to Nguyen Minh Duc, Vice President of the Vietnamese Community Association in the UK (VAUK).

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.

Prime Minister Pham Minh Chinh on April 10 asked relevant agencies to take in the most of people’s opinions to ensure the draft revised Land Law matches the reality, with interests of the State, people, and businesses harmonised.

VOV.VN - The National Assembly is anticipated to adopt six bills and give opinions on seven others during its year-end session, according to Bui Van Cuong, general secretary of the current 15th legislature.