The Government on May 17 issued a Resolution approving the proposal to draft amendments to the Housing Law and the Real Estate Business Law, specifically Clause 1 of Article 197 and Clause 1 of Article 82, respectively.

VOV.VN - Foreign businesses poured US$1.68 billion into real estate projects in Vietnam in the first four months of this year, representing a fourfold increase compared to the same period last year, according to the General Statistics Office (GSO).

Japanese and Vietnamese investors of The One World urban area project in the southern province of Binh Duong received in-principal approval at a ceremony in the locality on April 17.

The real estate market has witnessed positive developments, with a slew of projects, including billion-dollar projects, being announced and called for investment in the first 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.

Deposit interest rates are expected to remain low until the middle of 2024, with a slight increase anticipated thereafter due to higher credit demand, analysts said.

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 stock market in Vietnam is expected to gain popularity among domestic individual investors due to its accessibility, profit potential, and demographic and income level improvements.

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.