VOV.VN - Prime Minister Pham Minh Chinh chaired the first meeting of the National Steering Committee for Wastefulness Prevention and Control in Hanoi on February 25 to review work, complete the organisational structure, and work out a plan of action.

Prime Minister Pham Minh Chinh has urged ministries, agencies, and localities to implement key tasks and solutions to boost growth, curb inflation, and stabilise macro-economy in July and the third quarter of 2024.

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.

Many Vietnamese in Laos have shared the belief that the amended Land Law, passed by the National Assembly earlier this year, will significantly contribute to national socio-economic development.

The expansion of land use rights for overseas Vietnamese (OV) in the recently passed 2024 Land Law is good news for OVs who want to own real estate in Vietnam, said experts from Savills Vietnam.

The amended Land Law which was passed at the 15th National Assembly’s fifth extraordinary session in mid-January is expected to provide a firm legal framework to enhance land management efficiency and create new momentum for Vietnam to become a high-income country by 2045.

Foreigners have the right to own houses for a set period, but land ownership is not permitted. Once their ownership duration concludes, they may renew it once and have the privilege to purchase and sell houses similarly to local residents.

VOV.VN - More than three million foreign individuals and organisations have purchased apartments in Vietnam, and the number is expected to continue rising moving forward, heard a workshop held on July 13 in Hanoi to examine the potential for development of the Vietnamese real estate market.

During the debate on the draft revised Land Law at the 15th National Assembly’s fifth session in Hanoi on June 21, land planning and land valuation were at the focus of attention.

Land and water surface rents in 2022 will be reduced by 30% for lessees that were affected by the COVID-19 pandemic under a decision recently signed by Deputy Prime Minister Le Minh Khai.