Vietnam Law & Legal Forum Magazine is your gateway to the law of Vietnam

Official Gazette

Sunday, December 8, 2019
Tags: Law on Real Estate Business
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.
Lam Dong: a future agriculture hub in Southeast Asia Lam Dong: a future agriculture hub in Southeast Asia
Located on three plateaus of altitude of between 800m and 1,000m above sea level and in the upper reaches of Da Dang, La Nga and Da Nhim rivers, Lam Dong province boasts big potential of minerals and perennial industrial plants, forestry, tourism, services and livestock breeding.
Real estate business conditions for foreign investors Real estate business conditions for foreign investors
What conditions which foreign investors must meet to deal in real estate in Vietnam?
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.
Enforcement of security under the new resolution on dealing with bad debts Enforcement of security under the new resolution on dealing with bad debts
Resolution No. 42/2017/QH14 on trial dealing with non-performing loans of credit institutions was passed on June 21, 2017, by the National Assembly. It took effect on August 15, 2017, and remains in force for five years from that date. The resolution is a long-awaited text and expected to help credit institutions to better deal with their non-performing loans. A significant number of provisions of this text are about secured transactions which are at the heart of the process of recovery of bank loans for the time being. This article tries to give an overview of the text.
Legal requirements for information disclosure and transparency in management of state-owned enterprises Legal requirements for information disclosure and transparency in management of state-owned enterprises
SOEs are holding key industries and sectors of the economy, such as construction, transport, oil and gas, communication, telecommunications, and production of industrial and consumable goods. As of October 2016, there were in total 718 enterprises in which the State holds 100% of the charter capital. SOEs hold not only key industries and sectors but also large resources.
New rules on security over immovable property New rules on security over immovable property
Immovable property remains the most significant secured property in Vietnam. Civil Code No. 91/2015/QH13 dated November 24, 2015, which became effective on January 1, contains many changes to the legal framework applicable to security over immovable property that this article will try to point out.
Businesses rate good and bad regulations Businesses rate good and bad regulations
A list of 114 good regulations and 123 bad regulations was selected among 9,297 nominations sent in by people and organizations from many state agencies, associations and the business community in response to the rating of regulations concerning business activities first ever launched in Vietnam.
Ministry plans more red tape cuts Ministry plans more red tape cuts
Construction Ministry is determined to cut red tape even further to help enterprises grow, Deputy Minister of Construction Do Duc Duy tells Vietnam News Agency.

Video

Vietnam Law & Legal Forum