Vietnam: Latest Proposal on Land Use Rights for Vietnamese Settled Abroad

Vietnam: Latest Proposal on Land Use Rights for Vietnamese Settled Abroad

The draft law clearly states that the government agrees to regulate that Vietnamese individuals settled abroad with Vietnamese citizenship will have all the land-related rights as citizens residing within the country. The Ministry of Natural Resources and Environment has drafted certain provisions to amend the Land Law, which the government has submitted to the National…

Expanding the scope of granting land use rights certificates to undocumented land in Vietnam

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Recently, the Vietnamese National Assembly has passed the 2024 Land Law with a focus on expanding the scope of granting land use certificates for undocumented land in Vietnam. With the extended evaluation period, many Vietnamese citizens will have more opportunities to own land use certificates, commonly known as “red books.” Before July 1, 2004, the…

Legal Perspective on Land Use Rights in Vietnam

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In the context of economic development and increasing urbanization, land management has become one of the major challenges for many countries, including Vietnam. Mastering the legal provisions related to land use rights is not only essential when participating in the real estate market but also a crucial condition for protecting one’s interests. This article provides…

It is anticipated to have four Decrees and Circulars guiding the implementation of the Real Estate Business Law in Vietnam in 2024

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In 2024, it is anticipated that there will be four Decrees and Circulars guiding the implementation of the Real Estate Business Law in Vietnam. On January 8, 2024, the Prime Minister of Vietnam issued Decision No. 19/QĐ-TTg regarding the issuance of a List and the assignment of responsible agencies to draft detailed regulations for the…

Vietnam M&A market: Overview of 2023 and predictions for 2024

Vietnam M&A market: Overview of 2023 and predictions for 2024

The M&A activities in 2023 are still not as exciting and dynamic as expected. However, with encouraging signals in M&A deals, particularly in the real estate and technology sectors in the latter half of 2023, along with policy changes aimed at attracting foreign investment, the Vietnamese M&A market is expected to recover and thrive in…

Notable points about the 2023 Amendment to Vietnam’s Law on Housing

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In 2023, as Vietnam faces numerous challenges in the housing sector, the revision of existing regulations in the Housing Law to meet the increasing demand for housing and ensure sustainability in the real estate market has become an essential process. However, this process requires careful consideration and comprehensive planning to ensure that the changes bring…

Lawyer Pham Duy Khuong responds to interview on Real estate M&A in Vietnam facing legal barriers

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In the real estate-focused program “Real Estate Street” broadcasted on VTC1 Money, which provides in-depth information about the financial market and real estate, reporters interviewed various experienced experts and lawyers representing real estate businesses and legal consulting firms in the field of real estate, M&A in Vietnam, and internationally, discussing the legal barriers hindering the…

Key points in the 2023 Real Estate Business Law in Vietnam

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In the context of a growing economy where the real estate sector plays a crucial role, contributing significantly to a country’s prosperity, a robust legal framework for investors is vital. To meet the market’s demand for a healthy business environment, the Real Estate Business Law is continuously updated and adjusted. The latest amendment to the…

Prominent activities of ASL LAW at the IBA 2023 Conference

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With a continuous commitment to providing cross-border legal services for Vietnamese businesses in various countries, the IBA event provides an excellent opportunity for ASL LAW’s lawyers to meet, exchange, and learn from experiences in their specialized legal areas such as anti-dumping and trade remedy, mergers and acquisitions, business, energy and oil, construction, intellectual property, arbitration,…

ASL LAW continues to be the sponsor for the International Bar Association (IBA) Annual Conference 2023 in Paris

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After officially becoming a sponsor for the IBA Annual Conference in Miami, USA in 2022, ASL LAW is honored to maintain its role as the main sponsor for the IBA Annual Conference 2023 in Paris, France. The IBA Annual Conference is a prestigious international legal conference. Established in 1947, shortly after the founding of the…

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