The transfer of a part of a real estate project or the whole of a real estate project needs to ensure full compliance with the principles as prescribed by the Law on Real Estate Business. The investor has the right to transfer a part of a real estate project or the whole real estate project…
The Vietnam Ministry of Construction is organizing consultations with organizations, individuals, and experts on the draft Decree on the Vietnam Law on Real Estate Business. The notable point is that the draft regulations are stricter than the conditions for real estate business when it is proposed that organizations and individuals must establish enterprises or cooperatives…
The disclosure of investor and project legal information in Vietnam is very necessary for customers to help reduce risks with future housing transactions. Recently, once again in the Decree detailing a number of articles of the Law on Real Estate Business, the Ministry of Construction proposed tightening conditions for organizations and individuals doing real estate…
The Covid-19 epidemic has activated the “force majeure” clause in contracts, especially for the purchase and sale of houses formed in the future. So is this considered a force majeure event, and can investors delay or extend the payment schedule? Is the Covid-19 epidemic considered a force majeure event for homebuyers? In order to consider…
Recently, the “land fever” has re-emerged, causing the sale and transfer of the real estate to increase. However, in society, there has been a situation where the selling of a house contains 2 different prices. This phenomenon, caused by the buyers and the sellers, aims to avoid or reduce the taxes that they have to…
The Vietnam Ministry of Natural Resources and Environment has promulgated the Circular 09/2021/TTBTNMT that changes and amends several guidance to the Vietnam Land Law. This Circular was promulgated in 06/30/2021 and will be in force starting from 09/01/2021. About the required documents New articles in the Circular 09/2021/TT-BTNMT will not require citizens to file the…
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Legal500: Interview with Pham Duy Khuong, Founder and Managing Director of ASL LAW
Founder and Managing Director Pham Duy Khuong explains how leading Vietnamese firm ASL LAW is adapting to clients’ changing needs.
This is the revelation of the Ministry of Construction at Real Estate Forum 2021: New driving force for the real estate market, organized by the Vietnam Chamber of Commerce and Industry and the Vietnam Business Forum on the afternoon of July 16. There will be many new policies affecting the real estate industry Construction real…
The Vietnam Government has submitted Report No. 224/TTr-CP to the National Assembly Standing Committee, proposing to include the Land Law (amended) Project into the 2022 Law and Ordinance Development Program, adding 11 groups of policies with clearly defined treatment plans, practical summaries, and thorough impact assessments to address urgent practical requirements. In recent years, petitions…
The City People’s Committee has just issued Official Letter No. 3615/UBND-SXD dated June 14, 2021, guiding the implementation of Decree No. 49/2021/ND-CP dated April 1, 2021, of the Vietnam Government amending and supplementing some Article of Decree No. 100/2015/ND-CP dated October 20, 2015, of the Government on the development and management of social housing. Accordingly,…