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Oct
(Vietnam) If the amendments to the Investment Law 2020 are approved as proposed by the Ministry of Planning and Investment, hundreds of projects will undo the bottleneck in investor selection procedures. Official Letter No. 6278/BKHĐT-PC has just been sent by Deputy Minister of Planning and Investment Tran Duy Dong to the Ministry of Justice on…
Sep
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…
Aug
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…
Aug
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…
Aug
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…
Aug
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…
Aug
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…
