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...
Deputy Prime Minister Trần Hồng Hà requested the agency drafting a decree guiding the implementation of the Law on Real Estate Business to review existing real estate transfer procedures, based on digital platforms, without generating new procedures.
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.
In the first version of this draft, the ministry proposed that individuals could only sell and lease a maximum of five houses each year. However, this later raised many concerns about hindering business freedom, so the ministry removed this proposal...
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...
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.
A proposed decree to guide the recent amendments to the Law on Real
Estate Business that requires housing developers to get guarantees from
banks before they can sell or lease out units needs to be more specific
to ensure safety, a developer has...
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.
Homebuyers will soon get protection for their money and rights as a
regulation making bank guarantees mandatory for future property
purchases will come into effect next week.
The legal capital of a real estate enterprise must not be less than
VND20 billion (US$921,000) under the new Law on Real Estate Business,
which becomes effective on July 1.
There are different provisions of the law on the conditions, duration,
forms of ownership, rights and obligations of foreign-invested
enterprises owning houses in Viet Nam, depending on the enterprises''
business sectors.