Hanoi (VNA) – The regulationsrelated to overseas Vietnamese (OVs) in the revised laws on land, housing, and realestate business were disseminated to expatriate at a hybrid conference onMarch 26.

The conference was held by the StateCommittee for OV Affairs under the Ministry of Foreign Affairs, the NationalAssembly’s Committee for Economic Affairs, the Ministry of Construction, andthe Ministry of Natural Resources and Environment. It was connected with over50 places both at home and abroad via videoconferencing and livestreamed onsocial networks for OVs to follow.

Atthe event, officials presented the new points directly related to OVs in thethree revised laws, saying the rights of OVs, including those holdingVietnamese nationality or Vietnamese-origin people, are now expanded andstipulated in a more detailed manner.

OVssaid the revised laws have met many of their aspirations and opinions contributedduring the amending process. With the new points of these laws, OVs’ rights in thefields of land, housing, and real estate business have been expanded,demonstrating the Party, State, and National Assembly’s attention to Vietnameseabroad.

Theyexpressed their hope that documents guiding law enforcement will furtherdetail those new regulations so that OVs can invest more strongly in domestichousing and real estate.

DeputyMinister of Foreign Affairs Le Thi Thu Hang, who is also Chairwoman of theState Committee for OV Affairs, said that implementing the Politburo’s directionson OV affairs, the committee has actively coordinated with the relevant sidesin the amendment of policies and laws related to OVs, especially the ones onland, housing, and real estate business.

She called on OVs to help with theenforcement of these laws and asked relevant agencies to take in their opinionsto continue institutionalising the Party’s guidelines and policies and properlyimplement the laws in reality.

Talking tothe Vietnam News Agency after the conference, Nguyen Duc Diane Thu Dung,Chairwoman of the French-based Association for the Promotion of VietnameseCulture (APCV),highly valued the Government’s attention to OVs. She held that the revised LandLaw, the revised Law on Housing, and the revised Law on Real Estate Businesswill give OVs more opportunities and further inspire their willingness toreturn and contribute to the homeland’s development.

Bui KimTuyet, member of the executive committee of the General Union of Vietnamese inFrance (UGVF), noted she hopes when coming into force in 2025, the revised LandLaw will create many opportunities for more OVs in France to return to Vietnam.

She alsoproposed the State create favourable passport granting conditions so that theycan return to buy housing and land in the country. She considered this asimportant and essential because a number of Vietnamese-origin people have livedin France for a long time but they haven’t got a Vietnamese passport despitehigh demand.

Voicing hisdelight at the new land-related policies, Phan Vinh, Vice Chairman of the associationof Vietnamese sea and island lovers in France, said the revisions will helpattract more OVs and OV entrepreneurs to the homeland to buy houses, makeinvestment, and contribute to national development.

Echoing theview, Assoc. Prof. Tran Phuong Tra at the IPAG Business School in France andDirector of the Economic Policy Network of the Association of VietnameseScientists and Experts (AVSE Global), perceived that the revised Land Law willhelp create more space of creation for new projects to ensure interests of bothlocalities and OV investors./.