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Official Gazette

Wednesday, February 26, 2020
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How to shape a legal framework for the condotel market How to shape a legal framework for the condotel market
The case of Cocobay stirs concerns about the future of condotel complexes, a type of property projects which has been mushrooming all over the country in the past few years. It also gives rise to an urgent need to shape a legal framework for condotel development, ownership and management which would facilitate the operation of real estate developers and investors as well as state management work of authorities.
Law on Environmental Protection to be revised for sustainable development Law on Environmental Protection to be revised for sustainable development
The Ministry of Natural Resources and Environment has proposed a draft law revising the 2014 Law on Environment Protection which is expected to reduce administrative procedures without affecting the environmental protection management, and add provisions on environmental protection associated with sustainable development.
SMEs to receive support for business startup SMEs to receive support for business startup
The Ministry of Planning and Investment is working on a draft national program to provide a total financial support of VND 5,000 billion (USD 216 million) for small- and medium-sized enterprises being innovative startups or participating in industrial clusters and value chains during 2021-25.
Dealing in agricultural property: a growing trend in Vietnams real estate market Dealing in agricultural property: a growing trend in Vietnam’s real estate market
Over the last few years, in addition to such traditional real estate products as land use rights, houses and construction works, Vietnam’s property market has seen the emergence of many new types of realty, e.g., serviced apartment, co-working space, tourism property, and agricultural property. This article analyzes the legal framework for agricultural property which has become more and more popular in the country and drawn the attention of both domestic and foreign investors.
Inter-country marriage registration Inter-country marriage registration
Article 37 of the 2014 Law on Civil Status prescribes that from January 1, 2016, the registration of marriages between Vietnamese citizens and foreigners falls within the competence of district-level People’s Committees of localities where Vietnamese citizens reside.
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.
NA approves the development plan for next year targeting 6.8 percent GDP growth NA approves the development plan for next year, targeting 6.8 percent GDP growth
The 14th National Assembly on November 11 adopted the Resolution on the socio-economic development plan for 2020, striving for 6.8 percent GDP growth rate and higher national competitiveness.
Official Gazette issues Nos 76-78/2019 released on November 13 2019 Official Gazette issues Nos 76-78/2019, released on November 13, 2019
Heftier fines imposed for violators of competition law Heftier fines imposed for violators of competition law
The Government has recently issued Decree 75 in an attempt to strictly and resolutely handle violations of the competition law and adapt to the new market reality.
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.

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