Prevent early implementation of 3 real estate laws from being exploited by policy makers

During the National Assembly Standing Committee’s discussion session on June 13, Vice Chairman Nguyen Duc Hai emphasized the importance of avoiding group interests when the Law on Land, Housing, and Real Estate Business goes into effect on August 1. The government’s proposal to implement three laws related to the real estate market ahead of schedule was met with mixed opinions. While the government believes this will free up resources and meet the aspirations of localities and businesses, the National Assembly’s Economic Committee expressed concerns about the potential impact of these changes on the socio-economic situation and business investment environment. Vice Chairman Nguyen Duc Hai stressed the need for the government to evaluate these risks and challenges and to take full responsibility for ensuring that the laws are implemented effectively without exploiting policies or group interests.

The inspection agency also highlighted the importance of carefully reviewing the transitional provisions to avoid overlaps with existing laws and to ensure that guiding documents are issued promptly. The government has assured that ministries are working to assess the impact of these changes and to prepare detailed regulatory documents to facilitate the implementation of the laws on August 1. Localities and businesses are eagerly anticipating the implementation of these laws, which are expected to address issues related to site clearance and land use rights. The Ministry of Construction has noted that the revised Law on Real Estate Business will have a significant impact on land division and sales in localities. The draft law is set to be considered and approved by the National Assembly at the 7th session.

Amidst these discussions, online gambling has also gained popularity, with various games and platforms emerging to cater to players’ interests. From video poker to slots, online casinos offer a wide range of gaming experiences for players to enjoy. Whether it’s poker, slots, or other casino games, players can now access a variety of options online. As online gambling continues to evolve, players can look forward to new and exciting experiences in the world of online gaming.