Investment

At the Government’s regular meeting on November 4, Prime Minister Le Minh Hung called for more concrete measures to boost exports, reduce the trade deficit, stimulate private investment, remove obstacles facing businesses and improve productivity through science, technology and the development of new economic sectors.

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.

Foreigners working at FDI projects seek a level of housing and services that Vietnam is now committed to providing.

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.