HANOI: The revised Land Law, recently adopted by the 15th-tenure National Assembly, which includes people of Vietnamese origin among land users and increases interests for foreign-invested economic entities, is expected to have positive impacts on the real estate market and the economy at large.
Lawyer Ngo Thanh Ba from "Niem tin Cong ly" (Trust in Justice) Law Office, a member of the Hanoi Bar Association, said that previously, many people of Vietnamese origin who wanted to buy land in Vietnam had to ask other persons to represent them to conduct transactions, leading to many disputes during the transfer and management of land use rights.