Overseas Vietnamese communities all over the world are holding events on the occasion of the Hung Kings Commemoration Day, which is observed annually on the 10th day of the third lunar month, and falls on April 18 this year.

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 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.

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.

The development and integration of the Vietnamese community, including businessmen, has made an important contribution to consolidating and strengthening the position of Vietnamese people in the Czech Republic, as well as to promoting the traditional friendship and multifaceted cooperation between the two countries.

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.

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.

Vietnamese Ambassador to Laos Nguyen Ba Hung hailed the General Association of Vietnamese People in the neighbouring country for its performance over the past time, while addressing a ceremony marking its 15th anniversary in Vientiane on March 14.

The protection of Vietnamese citizens and legal entities abroad has been carried out effectively and obtained many important results, said Minister of Foreign Affairs Bui Thanh Son.