Early enforcement of real estate laws - a catalyst for the market recovery

Saturday, Jul 06, 2024

The amendments and supplements to the 2024 Law on Land, the 2023 Law on Housing, and the 2023 Law on Real Estate Business will come into effect on August 1 as proposed by the Government, five months earlier than planned. It...

Government proposes putting land laws into effect six months earlier

Monday, May 20, 2024

The Vietnamese Government agreed on Friday to propose that the National Assembly put the Law on Land, the Law on Housing and the Law on Real Estate Business into force from July 1 this year.

Mixed opinions over ministry’s proposal for limited-term apartment ownership

Monday, Sep 19, 2022

Mixed opinions have arisen around the Ministry of Construction’s proposal of setting limited terms for apartment ownership, which were repeated in the latest draft amendments to the Law on Housing.

VCCI calls for land law draft revision

Wednesday, Aug 24, 2022

As the Ministry of Justice is gathering comments on a draft amending the Law on Land, the Vietnam Chamber of Commerce and Industry (VCCI) comments that the draft needs revisions to be legally consistent with the Law on Real Estate Business and Law...

Allowing foreigners to buy tourism property developments needs careful consideration

Saturday, Jun 20, 2020

The Ministry of Construction’s proposal to allow foreigners to buy tourism property developments in Viet Nam needs careful consideration, experts have said.

Khanh Hoa warns about illegal sale of tourism property to foreigners

Tuesday, Dec 24, 2019

Khanh Hoa Province Department of Construction has warned about illegal sale of tourism property to foreigners, asking project developers to comply with the established laws.

More foreigners buying apartments in HCM City

Saturday, Mar 16, 2019

More foreigners are buying apartments and investing in real estate in Viet Nam, especially in HCM City, with most of them coming from mainland China, Japan, Singapore and South Korea.

Ministry asks for report on foreign home ownership

Wednesday, Mar 13, 2019

The Ministry of Construction has asked provinces and cities to report on home ownership by foreigners and Viet kieu (overseas Vietnamese) in Viet Nam.

Not too many foreigners own residential housing

Thursday, Aug 24, 2017

Even though Viet Nam has relaxed the policies that allow foreigners to buy houses in the country, the numbers are not as high as expected.

Apartment market in two major cities rising

Saturday, Jan 16, 2016

Viet Nam''s real estate market is expected to continue recovery this year after gaining good business results last year, with the market reaping benefits from favourable macro conditions, experts said.

Developers withhold maintenance fees

Tuesday, Dec 15, 2015

Developers will have their bank accounts or property frozen if they delay transferring maintenance fees to residents'' committees of apartment buildings from last Thursday.

Questions raised on new property laws

Saturday, Jul 04, 2015

Two long-awaited amended laws on housing and real estate, effective from July 1 and expected to have a significant impact on the property market, may not be as effective.

Homebuyer support package launched

Monday, Jun 08, 2015

A credit package worth some VND20 trillion (US$952.38 million) will be released to support homebuyers interested in commercial and urban housing projects, reported Xay Dung, the Ministry of Construction''s e-paper.

Foreign residents start to eye property

Saturday, May 23, 2015

Mark Cameron of the UK, who lives and works in Viet Nam, believes that he will be able own residential property thanks to the revised Law on Housing, which has removed prior restrictions on foreigners from buying property in the country. It will...

Hopes rise as real-estate market improves

Saturday, May 23, 2015

Viet Nam''s social and economic factors are supporting the growth of its real estate market, which has bottomed out, an executive at property consulting firm Savills Vietnam has said.