A policy allowing foreign individuals and organisations to buy and own houses and construction works in Vietnam will help lure investment and high quality human resources from the outside to the country for national development, according to Nguyen Tran Nam, Chairman of the Vietnam Real Estate Association.
VOV.VN - The Ministry of Planning and Investment (MPI) is poised to examine and consider promulgating a new decree relating to foreign investment issues in the country, including foreigners’ land use, according to MPI Minister Nguyen Chi Dung.
VOV.VN - Foreign nationals entering Vietnam are not granted land use rights as enjoyed by local citizens, according to a statement made by the Ministry of Natural Resources and Environment.
The Ministry of Natural Resources and Environment (MoNRE) has sent a document to local departments to regulate the use and certification of non-residential real estate projects.
Vietnam was urged to complete the land market to meet requirements and ensure development, experts said.
Prime Minister Nguyen Xuan Phuc on August 8 had a working session with the Ministry of National Defence on the management and use of the land for national defence purposes in the economic production and building in association with military missions.
Legislators will deliberate the implementation of policies and laws on land planning, use and management in urban areas since the Land Law 2013 took effect until 2018 on May 27 during the seventh session of the 14th National Assembly in Hanoi.
The 7th session of the 14th National Assembly (NA) opened at the NA Hall in Hanoi at 9 am on May 20 in a ceremony broadcast live on national television and radio.
Chairman of Hanoi city’s People’s Committee Nguyen Duc Chung said on August 13 that 47 projects in the capital city will have their licences revoked due to delay and violations to the Land Law.
The equitisation plans of eight State-owned enterprises (SOE) were approved in the first half of 2018, with a total value of VND29.37 trillion (US$1.29 billion), including more than VND15.16 trillion (US$667.04 million) of State capital, the Ministry of Finance has reported.
The fifth meeting of the 14th National Assembly will conclude in Hanoi on June 15 after 21 days of working.
Many anti-landslide projects in Ho Chi Minh City are lagging behind schedule due to limited capital resources and slow progress of land clearance and compensation, according to the municipal Department of Agriculture and Rural Development.
The supervision group of the Hanoi People’s Council has asked the municipal Department of Natural Resources and Environment to work with the city’s authorities in order to reclaim long-delayed projects which violate the current Land Law.
Vietnam attracted US$3 billion worth of foreign direct and portfolio investments to the real estate sector in 2017, a sharp increase of 80% over the year before.
A recent survey by the Vietnam Private Sector Forum has shown that the confidence of private business executives keeps improving, with the private sector increasingly asserting its important role in Vietnam’s economic growth.
Do Nhat Hoang, head of the Foreign Investment Agency under the Ministry of Planning and Investment, has underlined the need for Vietnam to further improve its investment environment in order to attract more Japanese businesses.
Priority will be given to the restructuring of agriculture next year to ensure higher growth for the sector, the Ministry of Agriculture and Rural Development said in a statement.
A first-eve decree on special incentives for foreign agricultural projects is tabled to help Vietnam attract more investments in this sector.
(VOV) - The strong flow of foreign direct Investment (FDI) into Vietnam will continue in the 2015-2020 period as multinational groups lineup to partner with the nation on a host of projects.
The revised Land Law, which will come into force on July 1, 2014, will help improve transparency in land management and use, said National Assembly Vice Chairwoman Nguyen Thi Kim Ngan.