Vietnam's new land law expected to create investment opportunities

Chau Viet Bac - Deputy Secretary General of Vietnam International Arbitration Center (VIAC) at a lawyer skills training course in 2021 - Photo: VIAC file

HANOI: Vietnam's 2024 land law set to take effect next month is hoped to bring about investment opportunities in relevant sectors, requiring stakeholders to make good preparations, Vietnam News Agency reported Thursday (July 18), citing experts.

Chau Viet Bac (pic), deputy general secretary of the Vietnam International Arbitration Center, said when the law came into effect, it would serve as a premise for changes in the business investment situation of not only related industries such as real estate but also many others such as finance, construction, and service.