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Official Gazette

Sunday, December 8, 2019
Tags: Housing Law
Abolishing conditions for condo operation and management: pros and cons Abolishing conditions for condo operation and management: pros and cons
The Vietnam Chamber of Commerce and Industry has recently submitted a document to the Ministry of Planning and Investment, proposing the removal of the condominium management service from the list of conditional business investment lines in the amended Investment Law.
Legislation on house ownership by foreigners: inadequacies and recommendations for improvement Legislation on house ownership by foreigners: inadequacies and recommendations for improvement
The 2014 Housing Law has new provisions for foreigners to own homes in Vietnam, making a breakthrough in attracting foreigners to work and live in the country. However, the applied term of house ownership for foreigners produces some negative effects that the law fails to anticipate. This article points out inadequacies in the regime of Vietnam-based house ownership by foreigners and gives recommendations for improvement.
Official Gazette issues Nos 33-36/2019 available on July 23 2019 Official Gazette issues Nos 33-36/2019, available on July 23, 2019
House ownership by foreigners in Vietnam House ownership by foreigners in Vietnam
Under Vietnam’s law, foreign organizations and individuals may own houses, including apartments and private houses, built under commercial housing investment projects in areas where they are allowed to own homes.
Void contracts under current private law of Vietnam Void contracts under current private law of Vietnam
Invalid contracts in general and void contracts in particular are provided in the 2015 Civil Code (the 2015 Code) on the basis of adhering to the principles of recognition, respect, protection and guarantee of civil rights; the fundamental principles of the civil law; and the principles on performance of civil rights and limitations on performance of civil rights. This article deals with some issues on void contracts under the current private law of Vietnam.
Charges over property: attachment Charges over property: attachment
Charges are the most commonly used security interest in secured lending in Vietnam. As the charged property remains in the hands of the chargor, there are risks facing the secured banks. To be able to efficiently enforce the charges at a later time, banks should anticipate and prevent those risks at the time of entering into the charge agreements.
Land Law to be revised Land Law to be revised
The Ministry of Natural Resources and Environment (MONRE) has recently introduced a raft of draft amendments to the 2013 Land Law.
Government to cut half of business conditions in 2018 Government to cut half of business conditions in 2018
To promote fast and sustainable economic growth, efforts should be devoted to further improving the business climate and economic competitiveness, reforming specialized inspections of imports and exports and cutting business conditions.
New rules on guarantees for housing projects New rules on guarantees for housing projects
On September 29, 2017, the State Bank of Vietnam enacted Circular 13/2017/TT-NHNN (effective as of November 15, 2017) amending a number of articles of Circular 07/2015/TT-NHNN on bank guarantees (Circular 07). The main changes brought about by the new text relate to guarantees for housing projects and are embedded in Article 12 of Circular 07.
Workshop addresses difficulties in codification of investment regulations Workshop addresses difficulties in codification of investment regulations
The codification of regulations on business investment conditions has realized the spirit of freedom of enterprise enshrined in the 2013 Constitution but there remain difficulties in the process due to disperse regulations in specialized legal documents, heard a recent workshop in Hanoi.

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