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The National Assembly Standing Committee has taken significant steps to shape Vietnam’s legislative landscape by adopting Resolution 59/2024/UBTVQH15. This resolution introduces key adjustments to the 2025 Law- and Ordinance-Making Program, underscoring a commitment to addressing pressing legal and societal needs. Key Additions to the 2025 Legislative Program Under Resolution 59/2024/UBTVQH15, adopted on December 11, the…
02
Jan
Jan
The National Assembly Standing Committee has taken significant steps to shape Vietnam’s legislative landscape by adopting Resolution 59/2024/UBTVQH15. This resolution introduces key adjustments to the 2025 Law- and Ordinance-Making Program, underscoring a commitment to addressing pressing legal and societal needs. Key Additions to the 2025 Legislative Program Under Resolution 59/2024/UBTVQH15, adopted on December 11, the…
28
Nov
Nov
The Ministry of Finance (MOF) has proposed a policy aimed at reducing the financial burden on businesses and individuals, thereby stimulating production and business activities. Under this proposal, organizations, enterprises, households, and individuals directly leasing land from the State with annual land rental payment obligations may benefit from a reduction in their 2024 payable land…
12
Nov
Nov
Vietnam has introduced significant new regulations governing the selection of investors for land-using projects through Government Decree 115/2024/ND-CP, which provides detailed guidelines for implementing the Bidding Law. Scope of Application The new decree mandates bidding procedures for several categories of land-using projects, including: Specialized Projects Subject to Bidding The decree specifically identifies various specialized projects…
13
Oct
Oct
The Government of Vietnam has introduced Decree No. 111/2024/ND-CP, establishing a comprehensive system of information and a National database on construction activities. This decree, which takes effect on November 1, 2024, sets out key principles and requirements for the development, management, and use of this centralized construction information system. Centralized Management The decree emphasizes that…
05
Jan
Jan
In the context of an increasingly dynamic economy, the use of assets to secure financial obligations, particularly through the mortgaging of land use rights, has become a common practice in Vietnam. Additionally, real estate valuation is an indispensable step in determining the actual value of the collateral, playing a crucial role in the appraisal and…
07
Jan
Jan
In recent years, the Vietnamese real estate market has experienced significant growth, attracting the attention of many domestic and foreign investors. However, alongside these positive signals, the market still faces numerous challenges, among which the issue of real estate transactions involving two different prices on two contracts has become a major concern. The use of…
30
Sep
Sep
As of August this year, the process for initial registration of land and land-attached assets in Vietnam can now be conducted electronically, in accordance with the country’s land and e-transaction laws. This shift is outlined in the Government’s Decree 101, which focuses on land surveys, registration procedures, and the issuance of land use right certificates….
15
Aug
Aug
Foreign organizations and individuals can now own up to 30 percent of the total apartments in a condominium, according to Decree 95/ND-CP, which took effect on August 1. This regulation marks a significant shift in Vietnam’s real estate market, offering more opportunities for foreign investment. Key Provisions of Decree 95/ND-CP Increased Ownership Cap for Condominiums…
16
Sep
Sep
Starting from August 2024, Vietnam’s rental real estate market will undergo a significant change as all rental business activities will be required to establish a business entity. This new regulation will impact not only individual investors but also the entire real estate sector. The new regulation is expected to bring more transparency and professionalism to…
