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,…
The Ministry of Construction acknowledged that there is a mismatch between supply and demand because real estate businesses are most interested in investing in commercial housing projects at market prices. Voters of Ho Chi Minh City have just proposed that the Government soon issue a Resolution on the “Project for developing low-cost commercial housing” with…
According to businesses, the current 2013 Land Law reveals many overlapping and inconsistent contents with the laws that make it difficult for them to develop real estate projects. The Government Office has just announced the conclusion of Prime Minister Pham Minh Chinh at a recent conference on the performance of assigned tasks of the Ministry…
Real estate in Vietnam is one of the fields that many foreign investors are interested in. However, this activity is being restricted by many current laws. There are two business activities that foreign investors are not allowed to do while domestic investors are still able to do so. First, foreign investors are not allowed to…
In just a short time, land prices have skyrocketed on a large scale. This raises concerns over a new real estate bubble cycle. According to Mr. Mai Duc Toan, Director of CNT Group’s business and investment division, land fever still occurs frequently, but most of them are only minor bursts in localities. There have only…
At the seminar on the topic “Prospects of the real estate market in 2021”, Associate Professor Tran Kim Chung, Deputy Director of the Central Institute for Economic Management, emphasized that the year 2021 will mark the development of Urban real estate in urban areas, in which, real estate living space is still the number one…
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