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Official Gazette

Friday, November 22, 2019
Tags: House ownership
Expat naturalization permanent residence in Vietnam Expat naturalization, permanent residence in Vietnam
In order to reside permanently in Vietnam and be eligible for naturalization in Vietnam, a foreign expat must apply for a permanent residence card, which has the same validity duration as a visa.
State Bank steps up fight against black credit State Bank steps up fight against “black credit”
In January 2019, local media reported that Le Dinh Huu Phuoc, a 55-year-old man in the Central Highlands province of Gia Lai, was beaten to death by a group of gangsters for failing to fully pay his nephew’s debt.
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.
Science and technology enterprises offered with more incentives Science and technology enterprises offered with more incentives
Science and technology enterprises will be soon provided with a raft of attractive tax, credit and land incentives, following a decree recently issued by the Government.
Residential land use rights for foreigners in Vietnam Residential land use rights for foreigners in Vietnam
Under the 2013 Land Law, all land areas used by households and individuals for the residential purpose are regarded as land for stable and long-term use and subject to no given use term. Therefore, individuals or households that are named in land use rights certificates have full discretion to use and dispose of their residential land areas without any temporal limitations.
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.
Proposals to build Real Estate Tax Law articulated Proposals to build Real Estate Tax Law articulated
“It is unreasonable if the Real Estate Tax Law is built without making any changes in the land use levy collection mechanism and policy”, said Chairman Le Hoang Chau of the Ho Chi Minh City Real Estate Association.
Property rules for condotels needed Property rules for condotels needed
The Ministry of Construction has proposed the Government to assign the Ministry of Natural Resources and Environment to study amendments to the land law, especially regulations on classification and mechanism for use of mixed land areas and grant of certificates of land use rights and ownership of houses and other land-attached assets for condotels.
Division of common property of unmarried intercountry couples upon separation Division of common property of unmarried intercountry couples upon separation
According to Vietnam’s Law on Marriage and Family, a man and a woman eligible for getting married who cohabit as husband and wife without registering their marriage have no spousal rights and obligations.
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.

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