Land Law 2024: Enhancing Investment Advantage in Vietnam

Speaking to TTXVN reporter in Tokyo, Lê Thủy Tiên (Japanese name: Mori Mioka) - Director of Mori Pharmacy Ltd and Mori Healthcare in Japan - considers the recently passed Land Law amendment by the Vietnamese National Assembly as a significant step forward for foreign Vietnamese citizens, encouraging them to venture into investment opportunities in Vietnam.

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Chị Lê Thủy Tiên responded to an interview with Vietnam News Agency reporter. Photo: TTXVN

According to Ms. Le Thuy Tien, the Land Law (amendment) will greatly enhance the economic resources from foreign countries into Vietnam, thereby promoting the development of Vietnam’s economy in various aspects.

Ms. Le Thuy Tien also believes that allowing Vietnamese people living abroad, as well as Vietnamese-origin people living abroad, to own land to gain advantages when investing in Vietnam is the correct policy of the Vietnamese Government and a very good financial and diplomatic policy. exchange.

With the application of the Land Law (amendment), Ms. Le Thuy Tien believes that Vietnam’s real estate market will be much more vibrant than before. According to her, it would be good if the Vietnamese government used tax revenue from the real estate market, and promoted investment in infrastructure such as roads, stations, bridges, and ports.

Ms. Le Thuy Tien has been investing in real estate in Vietnam for many years. She also plans to intensify investment to take advantage of the aforementioned liberalization policies.