Want to be in the loop?
subscribe to
our notification
Business News
PM HIGHLIGHTS IMPORTANCE OF REVISED DRAFT LAND LAW AND HOUSING LAW
Prime Minister Phạm Minh Chính emphasised the significance of the revised draft Land Law and Housing Law, which are complex and sensitive with a far-reaching impact on a large scale, and stressed the need for the Government to pay close attention to ensure their quality and progress.
PM Chính commented while chairing the Government’s meeting on collecting public opinions on the revised draft Land Law to submit to the National Assembly (NA) and the absorption of the NA Standing Committee’s ideas on the revised draft Housing Law (revised) on Monday.
The Ministry of Natural Resources and Environment reported that as of April 8, 2023, it had received more than 12 million comments on the revised draft Land Law, with the majority of comments focusing on compensation, resettlement, land allocation, land lease, change of land use purpose, and land use plans.
The ministry has collected people's opinions as part of gathering comments.
At the meeting, Government officials discussed key issues that gained the public’s interest, including land acquisition for socio-economic development for national and public interests; compensation and resettlement when the state recovers land; and land allocation, land lease, and land prices.
Delegates addressed issues related to the renting right in the annual land lease contract, the recovery of land for national defence and security, forms of land allocation or land lease to public units, and land use for socio-economic development projects through the agreement on land use rights.
The government also discussed the issuance of certificates for the absence of documents on land use rights; and the handling of land for national defence and security.
Regarding the revised draft Housing Law, the discussion focused on regulations on ownership of apartments, especially regulations on ownership of apartments with a limited time term, land use rights associated with houses owned by foreign individuals in Việt Nam, forms of land use for commercial housing development, and policies on social housing for workers, low-income earners and armed forces.
At the meeting, PM Chính emphasised that the revision process of the draft Land Law (revised) and Housing Law (revised) must maximize resources from the land for development; ensure harmony between the interests of the State, people, and enterprises; strengthen decentralisation and resource allocation; improve the execution ability of subordinates; clarify the scope of authority of each level; minimize administrative procedures and create favourable conditions for people and businesses to access land.
The Prime Minister also called for promoting digital transformation in land management, combining digital transformation in land management with digital transformation in population management and population database, reviewing the provisions of the revised Land Law with other laws, and selectively acquiring international experience suitable for Việt Nam's conditions.
Chính said the NA Standing Committee's viewpoint on the draft revised Housing Law was also considered, with a need to analyse the pros and cons of each option and clarify the government's stance on the selected option.
In particular, the differences between apartment ownership and the right to use the apartment were highlighted, along with the legal basis of these issues.
The stability of the law regarding land use rights associated with homes owned by foreign individuals in Việt Nam was also emphasised, with the contents remaining the same as Resolution No.18-NQ/TW.
PM Chính called for the supplement and clarification of regulations on incentives for investors and responsibilities of entities related to the development of social housing, low-income earners and armed forces.
These measures aim to make financial sources transparent and encourage investment while being consistent with the provisions of the law on State budget, public investment, and bidding, he said.
Chính requested the Ministry of Construction to organise working groups in localities to review and remove difficulties for social housing projects based on the practical improvement of policies for general application.
He asked the ministries to seriously and fully absorb the opinions of the Government members and public opinions to complete the laws.
Deputy Prime Minister Trần Hồng Hà has been assigned to oversee the completion of the laws. The Ministry of Justice, the Government Office, and relevant ministries and sectors will continue to coordinate in finalising and submitting documents to ensure progress and quality.
Source: VNS
Related News
GARMENT, TEXTILE INDUSTRY LOOKS TO AI, ROBOTS TO BOOST COMPETITIVENESS
The textile and garment industry is seeking to accelerate the adoption of artificial intelligence (AI), robotics and automation to improve productivity, meet increasingly stringent international standards and move towards higher value-added production. Đỗ Nam Bình, deputy director of the Industry Agency under the Ministry of Industry and Trade, said textiles and garments remained a strategic sector of the Vietnamese economy with significant contribution to export earnings, job creation and the country’s integration into global supply chains.
INFOGRAPHIC SOCIAL-ECONOMIC PERFORMANCE IN OCTOBER OF 2026
The monthly statistical data presents current economic and social statistics on a variety of subjects illustrating crucial economic trends and developments, including production of agriculture, forestry and fishery, business registration situation, investment, government revenues and expenditures, trade, prices, transport and tourism and so on.
INVITATION | GLOBAL KNOWLEDGE - VIETNAMESE STORIES
The Organizing Committee is pleased to cordially invite you to attend the program “Global Knowledge – Vietnam Stories”, hosted by Thu Dau Mot University, in partnership with Global Vovinam Academy and Vietnam Leadership Institute. The program will feature a Partnership Announcement Ceremony and a Leadership Dialogue under the theme “Forging Vietnam's Next Leaders: Brighter Hearts. Stronger Wills. Deeper Minds."
FLY TO HONG KONG WITH A USD40 OFFER FROM CATHAY PACIFIC
From familiar sights like the iconic ding ding trams to the breathtaking Victoria Harbour, think you’ve seen it all? Venture beyond the usual to uncover local neighbourhoods, an ever-evolving culinary scene, and vibrant festivals that define this Asia's World City. This November, experience the energy of one of the world’s most unique destinations with Cathay Pacific with promo code FLYTOHK40 for USD40 off on flights to Hong Kong.
VIETNAM MANUFACTURING GROWTH EASES IN OCTOBER AS EXPORT ORDERS FALL
The S&P Global Vietnam Manufacturing Purchasing Managers' Index ticked up to 52.3 points in October from 51.9 points in September, pointing to a further modest monthly strengthening in the health of the sector at the start of the fourth quarter. Business conditions have now improved in 16 consecutive months. The overall improvement in operating conditions was limited by slower rises in output and new orders.
HUNG YEN BOOSTS INFRASTRUCTURE TO TAP COASTAL GROWTH POTENTIAL
Hung Yen is shaping its development space to connect the northern industrial and urban areas with the coastal economic zone. Under the provincial master plan for the 2021–2030 period, with a vision to 2050, as adjusted under Decision No.579/QD-UBND, the province has established a structure comprising three regions, two corridors, three longitudinal axes, and four horizontal axes.






















