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Official Gazette

Friday, December 3, 2021
Tags: real estate projects
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.
Legal capital for real estate business reaffirmed Legal capital for real estate business reaffirmed
An enterprise engaged in real estate business must have a legal capital of at least VND 20 billion instead of VND 6 billion as earlier regulated.
Nine solutions proposed to revive real estate market Nine solutions proposed to revive real estate market
The Ministry of Construction has recently sent to the Prime Minister for consideration a strategy for real estate market development, which sets forth nine solutions regarding legal framework and real estate registration system improvement and foreign capital attraction.
Real estate developers call for lower land taxes Real estate developers call for lower land taxes
At a recent meeting between the Prime Minister and enterprises in Hanoi, representatives from the Vietnam Business Forum (VBF) suggested the Government consider reducing value-added tax and tax on real estate sales profits by at least 50 percent for the whole 2014.

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