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viet kieu

Ministry asks for report on foreign home ownership

Ministry asks for report on foreign home ownership

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

Việt kiều Bank proposed for VN

A proposal to establish the Viet kieu (Overseas Vietnamese) Bank in Viet Nam has been raised at a meeting between Prime Minister Nguyen Xuan Phuc and Viet kieu experts last week.
Growing VN property sales to foreigners

Growing VN property sales to foreigners

Many foreigners and Viet Kieu (overseas Vietnamese) are buying apartments in Viet Nam, especially in HCM City, according to market analysts.
Viet kieu, foreigners invest in homes

Viet kieu, foreigners invest in homes

The changes to the housing law allowing foreigners and Viet kieu (overseas Vietnamese) to buy houses in Viet Nam (from July 1) has had an impact on the housing market.
Overseas Vietnamese to pay no tax on imported used cars

Overseas Vietnamese to pay no tax on imported used cars

Overseas Vietnamese (Viet kieu) have been granted a tax exemption on used cars they bring to Viet Nam, according to a new government decree.
More remittances to fund property purchases

More remittances to fund property purchases

Viet Nam is expected to see rising remittances enter the property market, following the amended housing law that allows Viet Kieu (overseas Vietnamese) to own a house in the country.
Foreign investment helps revive housing market

Foreign investment helps revive housing market

Liberal policies and incentives from the Government and huge foreign investment are gradually pulling the property market out of its long slump.
New circular to deal with car trade fraud

New circular to deal with car trade fraud

Minister of Public Security Tran Dai Quang signed a new circular to tighten regulations on vehicle registration, with stricter rules for the transfer of Vietnamese overseas vehicles
Viet kieu can import cars as movable assets

Viet kieu can import cars as movable assets

The Ministry of Finance (MOF) has tightened regulations on allowing the Vietnamese people returning from overseas to the country (Viet kieu) to import automobiles as movable assets.
Overseas Vietnamese need better incentives

Overseas Vietnamese need better incentives

Viet Nam has so far attracted 3,600 businesses owned by Vietnamese living overseas, with total registered capital of US$8.6 billion.
Remittances on the increase

Remittances on the increase

Remittance flows to the country during the Tet season are expected to rise to 35 per cent, increasing the country''s total remittances to nearly US$11 billion, industry insiders said.
Viet Kieu car imports must clear customs

Viet Kieu car imports must clear customs

Vehicles shipped to Viet Nam''s ports that are not eligible for import under the mode of movable assets of repatriating Vietnamese citizens (Viet kieu) will be fined and then confiscated if they are not re-exported.
MoF proposes tax hikes on Viet Kieu vehicles

MoF proposes tax hikes on Viet Kieu vehicles

The Ministry of Finance has proposed raising consumption taxes on vehicles imported by repatriating Vietnamese citizens (Viet Kieu).