Legal500: Interview with Pham Duy Khuong, Founder and Managing Director of ASL LAW

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Founder and Managing Director Pham Duy Khuong explains how leading Vietnamese firm ASL LAW is adapting to clients’ changing needs.

Vietnam: new policies will strongly affect the real estate market

new policies affecting the real estate industry in Vietnam, new policies affecting the real estate market in Vietnam, real estate market in Vietnam

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 proposes to amend and supplement 11 groups of policies in the Land Law

The Government proposes to amend and supplement 11 groups of policies in the Land Law, An urgent need to create an amendment to the current Land Law, Amend and supplement 11 groups of policies in the Land Law

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…

Notes need special attention on the Vietnam Government’s Decree No. 49/2021/ND-CP on the development and management of social housing

Notes need special attention on the Government's Decree No. 49/2021/ND-CP on the development and management of social housing, Land fund regulations, Decree No. 49/2021/ND-CP, the development and management of social housing in Vietnam, Land fund regulations in Vietnam

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,…

Ministry of Construction: Supply and demand for commercial housing are disparate

commercial-housing-projects-the-supply-demand-gap

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…

Proposal to amend the Land Law: Unstable land price in Vietnam

Proposal to amend the Land Law: Unstable land price in Vietnam

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…

Restrictions on Foreign Real Estate Investors in Vietnam

Foreign-Real-Estate-Investors-restrict

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…

Vietnam: The risk of a real estate bubble in 2021?

The risk of a real estate bubble in 2021, real estate bubble in Vietnam in 2021

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…

10 recommendations to break legal issues in the real estate market in Vietnam

10 recommendations to break legal issues in the real estate market

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…

Vinhomes was approved to invest in an urban area of ​​more than 32,000 billion VND in Hung Yen

Vinhomes was approved to invest in an urban area of ​​more than 32,000 billion VND in Hung Yen

The Prime Minister has just issued a Decision approving the investment policy of the Dai An urban area project invested by Vinhomes Joint Stock Company, covering an area of ​​nearly 294 hectares. The urban area is located in Tan Quang commune, Nhu Quynh town, Van Lam district, and Nghia Tru commune, Van Giang district. The…

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