On June 28, 2024, Benthanh Group held a thematic conference to disseminate key new regulations in the 2024 Land Law and the 2023 Real Estate Business Law. These two important legal frameworks have a direct impact on the business activities of Benthanh Group and its affiliated enterprises.
The conference was attended by members of the Party Standing Committee, the Members’ Council, the Board of Management, Heads and Deputy Heads of departments, capital representatives, and designated officials of Benthanh Group at member companies.
At the conference, Dr. Pham Van Vo, Deputy Head of the Commercial Law Faculty at Ho Chi Minh City University of Law, provided an overview of the main contents and key updates in the 2023 Real Estate Business Law and the 2024 Land Law. Participants engaged in discussions on future real estate market trends, challenges in land management and business operations, and posed questions for the speaker to clarify and provide guidance on implementation.
The 2023 Real Estate Business Law, passed by the 15th National Assembly on November 28, 2023, and the 2024 Land Law, passed on January 18, 2024, will take effect on January 1, 2025. However, to establish a synchronized legal framework and enhance the efficiency of land, housing, and real estate market management—thereby contributing to national housing policies and socio-economic development—the Government issued Resolution No. 84/NQ-CP on June 9, 2024. Under this resolution, the Minister of Natural Resources and Environment, authorized by the Prime Minister, submitted a Government proposal to the National Assembly for amendments to several laws, including Land Law No. 31/2024/QH15, Housing Law No. 27/2023/QH15, Real Estate Business Law No. 29/2023/QH15, and Credit Institutions Law No. 32/2024/QH15. These laws are expected to take effect earlier, from August 1, 2024.
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During the conference, the Board of Management of Benthanh Group emphasized the importance of capital representatives and designated officials participating in supervisory boards at member companies to regularly update their legal knowledge and strictly comply with regulations outlined in the Capital Representative Management Regulations and the Regulations on the Management and Activities of Designated Officials in Supervisory Boards. This is to ensure that the management and use of corporate capital remain legally compliant and effective. Additionally, capital representatives and designated officials were urged to immediately implement the tasks assigned by Benthanh Group to effectively execute the business plan for the second half of 2024.
