Better infrastructure and revitalized urban areas are tipped to drive growth in housing demand in Vietnam’s major cities, especially where public transport offers convenience.
Its land use targets for 2030 indicate that the central province's planning will allocate more land for urban areas, industrial zones, commerce, services, and public works.
A number of amendments are contained within the draft revised Law on Housing, including rules on homeownership by foreign organizations and individuals.
Under the development strategy, Phu Quoc island is envisioned as an internationally competitive center for marine eco-tourism and services, supported by trade, logistics, and marine economic industries.
The discussion on the draft amendment to the Electricity Law saw National Assembly deputies focusing on proposing special mechanisms for biomass energy, improving the legal framework for rooftop solar power, and risk-sharing mechanisms for offshore wind power, aiming to resolve bottlenecks and ensure national energy security.
VARS recommends that the compensation rate for land should not be less than 100% of the land price determined according to the land price table and the K coefficient at the time of approving the compensation, support, and resettlement plan.
Notably, the total newly registered and additional investment capital reached over industrial zone VND108.272 trillion (more than $4.2 billion), nearly three times the same period last year.