Advance effective date of housing, realty laws by 6 months, parliament urged

Advance effective date of housing, realty laws by 6 months, parliament urged

Vietnam’s Construction Ministry has proposed that the National Assembly, the country's parliament, advance the effective date of the 2023 Laws on Housing and Real Estate Business by six months to July 1 this year.

Real Estate - Fri, May 3, 2024 | 10:07 pm

Vietnam property prices may rise on back of new rules: expert

Vietnam property prices may rise on back of new rules: expert

Property prices in Vietnam are set to climb next year when amended laws take effect, with improvements to the quantity and quality of projects reaching the market, said Le Bao Long, director of strategy at property website Batdongsan.com.vn, under Singaporean firm PropertyGuru.

Real Estate - Tue, April 9, 2024 | 7:03 am

New land law offers more chances for overseas Vietnamese to own real estate in Vietnam: Savills

New land law offers more chances for overseas Vietnamese to own real estate in Vietnam: Savills

The expansion of land use rights for overseas Vietnamese (OV) in the recently passed 2024 Land Law is good news for OVs who want to own real estate in Vietnam, said experts from Savills Vietnam.

Real Estate - Fri, March 15, 2024 | 1:51 pm

New decrees, circulars will solve problems facing real estate projects: association

New decrees, circulars will solve problems facing real estate projects: association

Draft decrees and circulars detailing and guiding the implementation of the Land Law 2024, once ratified, will resolve legal problems faced by real estate projects, said the Ho Chi Minh City Real Estate Association (HoREA).

Real Estate - Mon, March 11, 2024 | 12:42 pm

Changes in new land law to strengthen state management, protect land users

Changes in new land law to strengthen state management, protect land users

The new Land Law 2024 along with the Law on Housing 2023 and the Law on Real Estate Business 2023 which were passed by the National Assembly in the fourth quarter of 2023 have provided a complete legal framework for the real estate market, writes senior partner Anh Dang and associate Quynh Tran at VILAF law firm.

Real Estate - Fri, February 2, 2024 | 4:22 pm

New land law to drive down Vietnam real estate prices: expert

New land law to drive down Vietnam real estate prices: expert

The freshly approved amended Land Law, effective from January 1, 2025, will create a transparent investment environment, helping land resources be unleashed and used efficiently, while balancing real estate supply and demand, said expert Nguyen Van Dinh.

Real Estate - Mon, January 29, 2024 | 7:16 pm

Breakthroughs expected from new Land Law: association chairman

Breakthroughs expected from new Land Law: association chairman

The freshly-approved revised Land Law will create motivation for Vietnam’s real estate market to become a reasonable, fair and efficient land allocation channel, said Le Hoang Chau, chairman of the Ho Chi Minh City Real Estate Association (HoREA).

Real Estate - Sun, January 21, 2024 | 8:33 pm

Vietnam parliament passes long awaited Land Law changes, specifying revocations, price adjustments

Vietnam parliament passes long awaited Land Law changes, specifying revocations, price adjustments

Vietnam’s National Assembly (NA), the country’s highest legislative body, has passed long-delayed amendments to the Land Law, with specifics on land revocations and annual quasi-market price adjustments.

Real Estate - Thu, January 18, 2024 | 5:11 pm

Owners of multiple properties should pay higher taxes: parliament committee

Owners of multiple properties should pay higher taxes: parliament committee

The government needs to urgently propose higher income tax rates for people who own multiple properties to avoid land speculation, Vietnam's National Assembly (NA) Standing Committee suggested on Monday.

Real Estate - Tue, January 16, 2024 | 9:30 am

Vietnam property market awaits important legal frameworks as it enters ‘new cycle’

Vietnam property market awaits important legal frameworks as it enters ‘new cycle’

The Vietnamese real estate market is entering a “new cycle” and waiting for important legal frameworks for further development, said executives with property consultants Savills Vietnam.

Real Estate - Sun, January 14, 2024 | 9:00 am

Vietnam parliament to vote on land, credit laws in mid-Jan extraordinary plenum

Vietnam parliament to vote on land, credit laws in mid-Jan extraordinary plenum

The National Assembly, Vietnam’s highest legislative body, is set to conduct an extraordinary meeting next month, featuring votes on draft amended laws on land and credit institutions on the agenda.

Economy - Tue, December 19, 2023 | 10:08 am

Vietnam parliament not to pass long-awaited land law this year

Vietnam parliament not to pass long-awaited land law this year

The National Assembly, Vietnam’s highest legislative body, will not pass the draft amended land law at the ongoing (sixth) meeting, National Assembly Chairman Vuong Dinh Hue said Thursday.

Politics - Thu, November 16, 2023 | 3:58 pm

Revised land law needs to crack down on speculation: experts

Revised land law needs to crack down on speculation: experts

Vietnam’s draft revised Land Law must prevent land speculation, and needs regulations to fix loopholes in the sector, heard a workshop in Hanoi early this week.

Real Estate - Thu, March 2, 2023 | 9:06 am

Removing legal bottlenecks first step to save property market

Removing legal bottlenecks first step to save property market

Removal of legal bottlenecks is paramount to saving the ailing real estate market, wrote Nguyen Van Dinh, a Vietnamese land law researcher.

Opinion - Tue, February 28, 2023 | 8:52 am