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Housing Law

New land and housing law expected to allocate resources for economic growth

New land and housing law expected to allocate resources for economic growth

Starting August 1, 2024, three key laws - the 2024 Land Law, the amended Housing Law, and the amended Real Estate Business Law came into effect. These laws are expected to significantly boost the land, housing, and real estate markets...
Government proposes putting land laws into effect six months earlier

Government proposes putting land laws into effect six months earlier

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.
Ministry removes condo ownership time limit regulation in latest draft law

Ministry removes condo ownership time limit regulation in latest draft law

The Ministry of Construction (MoT) has eliminated a proposal to implement a time limit on apartment ownership in its latest draft Housing Law
VCCI calls for land law draft revision

VCCI calls for land law draft revision

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...
Overlaps in legal system create difficulties for property businesses

Overlaps in legal system create difficulties for property businesses

Overlapping legal documents are a major obstacle in need of removal to help construction and the development of housing projects.
Synchronised real estate laws will bring stability

Synchronised real estate laws will bring stability

Since the real estate market began to recover in 2014, the country’s laws regulating the market have transformed significantly. But as the laws have developed, many of them overlap, creating redundancies that the Government must now try to eliminate.
Affordable housing in high demand

Affordable housing in high demand

The share of the urban population is expected to reach 50 per cent by 2040, with an estimated 374,000 additional housing needed in cities each year to cope with demand.
Foreigners can buy, sell houses only through banks: central bank

Foreigners can buy, sell houses only through banks: central bank

Foreigners buying or selling houses in Viet Nam are required to carry out the transactions through banks in Viet Nam and not in cash, the central bank has decreed.
VN well prepared for luxury apartments, buyers deserve quality: Gateway Thao Dien developer

VN well prepared for luxury apartments, buyers deserve quality: Gateway Thao Dien developer

Nguyen Hoang Tuan, chairman and founder of SonKim Holdings Investment talks about the company and his vision for the Vietnamese real estate market.
HCM City property rebounds

HCM City property rebounds

The HCM City housing market is recovering thanks to effective government policies like allowing foreigners and overseas Vietnamese to buy houses, an industry insider has said.
HCM City office market set to bustle by year-end

HCM City office market set to bustle by year-end

In the second half of 2015 the HCM City office market is expected to add more than 100,000sq.m of office space from one grade A and three grade B projects, according to the latest report from Cushman and Wakefield on the city real...
Finances, incentives lacking for social housing: Minister

Finances, incentives lacking for social housing: Minister

Low-income housing projects have lagged far behind demand because the State lacked funds and the private sector needed more investment incentives, Construction Minister Trinh Dinh Dung said on Sunday.
Housing Law changes expected to spur property market recovery

Housing Law changes expected to spur property market recovery

The amendments to the 2014 Housing Law that take effect on July 1 promise to bring positive changes to the real estate market. Viet Nam News spoke with Phan Thanh Huy, Deputy CEO of property developer Novaland, to find out about his...
Property market to function more positively in 2015

Property market to function more positively in 2015

Nguyen Manh Ha, Head of Housing and Property Market Department spoke about prospects of the real-estate market in Viet Nam in 2015.
Urban property market set for a good year

Urban property market set for a good year

The domestic real estate market is likely to warm up this year, with the amended Housing Law allowing foreigners to buy property. Viet Nam News reporter To Hang talked with economic expert Nguyen Tri Hieu about this issue as well as the...