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Official Gazette

Sunday, April 22, 2018
Tags: real estate
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.
New corporate income tax law aims to halt tax evasion New corporate income tax law aims to halt tax evasion
In the latest draft of Law on Corporate Income Tax, the Ministry of Finance has raised a regulation aimed at preventing multinational companies with related-party transactions from evading taxes.
Financing projects in industrial parks: what risks for banks? Financing projects in industrial parks: what risks for banks?
It is common now in practice to finance projects implemented in industrial parks and/or to take security over real estate located in those industrial parks. However, since the legal framework on lease of land in industrial parks remains complicated and has its limitations, such financing may turn risky for credit institutions in certain circumstances and at certain stages. This article tries to point out some of those risks.
Swindling former NA deputy gets life sentence Swindling former NA deputy gets life sentence
Former National Assembly member Chau Thi Thu Nga was sentenced to life imprisonment for swindling to appropriate assets after a two-week trial that concluded on October 16.
Finance Ministry proposal to tax transfer of land use rights receives negative response Finance Ministry proposal to tax transfer of land use rights receives negative response
The Ministry of Finance has recently proposed the imposition of value-added tax on the transfer of land use rights under the revised Law on Value-Added Tax.
Public property might be used to pay for BT projects Public property might be used to pay for BT projects
The Ministry of Finance recently revealed a draft decree allowing the use of public property to make payment to investors that implement construction investment projects in the form of build-transfer.
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.
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.

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