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Official Gazette

Sunday, July 3, 2022
Tags: real estate projects
New decrees major changes to boost development of real estate business New decree’s major changes to boost development of real estate business
Government Decree 02 issued early this year, which elaborates some articles of the 2014 Law on Real Estate business, has been in effect since March 1. Issued to replace Decree 76 of 2015, the new Decree introduces several changes in order to solve existing problems in the real estate business as revealed during the enforcement of Decree 76; at the same time, Decree 02 partly meets practical needs of real estate business activities in recent years. Therefore, the new regulations are expected to create a momentum and promote the development of the real estate business market in the future.
The 2020 Law on Investment and its regulations on cross-border Mamp;A transactions The 2020 Law on Investment and its regulations on cross-border M&A transactions
The Law on Investment, adopted on June 16, 2020, represents a remarkable effort of the Government in improving investment policies and is likely to have materially beneficial impacts on cross-border merger and acquisition transactions in Vietnam, especially transactions involving the use of land. In this article, the writers will discuss some new points of the 2020 Law on Investment with regard to M&A activities over land-using investment projects.
Capital contribution of foreign investors to real estate projects in Vietnam Capital contribution of foreign investors to real estate projects in Vietnam
For a short-term investment period of between six months and 12 months, the form of investment that a foreign investor may consider is signing a loan contract with a project owner in Vietnam. Under Article 5 of the State Bank of Vietnam’s Circular 12/2014/TT-NHNN, the borrower may borrow from abroad to implement an investment project funded with foreign loans of the borrower.
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?
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.
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.
Loans poured into real estate sector to be tightened Loans poured into real estate sector to be tightened
In order to tighten lending for real estate projects, the State Bank of Vietnam (SBV) recently revealed a draft circular amending Circular No. 36 issued in 2014, on prudential ratios of credit institutions and foreign bank branches.
Top 10 legal documents in 2015 Top 10 legal documents in 2015
These include the amended Civil Code, the amended Penal Code, Government Decree No. 15/2015/ND-CP, Government Decree No. 82/2015/ND-CP, etc.
Guarantees for housing projects: what risks for bondsmen? Guarantees for housing projects: what risks for bondsmen?
Under the Law on Real Estate Business, before selling or granting hire-purchase of a future house, the project owner imust sign a guarantee contract with a commercial bank to secure the refund to the customer of an advance of a percentage of the contract price and all other amounts in case of the owner’s failure to hand over the house to the customer according to an undertaken schedule.

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