Condotel supplies absent in southern Vietnam for 4 straight months

Condotel supplies absent in southern Vietnam for 4 straight months

Vietnam’s north and central region saw new condotel supplies in April but the south has seen none for four consecutive months, according to Vietnamese property services and consulting firm DKRA.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Fixed-term apartment ownership not included in draft housing law

Fixed-term apartment ownership not included in draft housing law

The Vietnamese government has not included regulations on a fixed term of apartment ownership in its draft revised Law on Housing.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Ownership certificates to be issued for condotel, officetel projects

Ownership certificates to be issued for condotel, officetel projects

Vietnam is set to issue ownership certificates to buyers of condotel and officetel apartments, tourist villas, and shophouses if they are built on commercial land.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

IFC-backed SeABank seeks to sell shares to foreign investors

IFC-backed SeABank seeks to sell shares to foreign investors

Vietnam’s SeABank, in which International Finance Corporation (IFC) has invested almost $400 million, will collect shareholders' opinions on approving its planned private placement of shares to foreign investors.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Unsolved issues under draft amended law on housing

Unsolved issues under draft amended law on housing

The construction ministry recently released a draft amended Law on Housing. Senior partner of Vilaf law firm, Dang Duong Anh, analyzes the highlights of the draft and issues that the content fails to address.

Consulting - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vingroup to divest from gene decoding subsidiary

Vingroup to divest from gene decoding subsidiary

Vingroup, Vietnam's largest listed conglomerate, has decided to sell its stake in GeneStory JSC after more than a month of capital contribution.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

SHB bank, VPBank raise foreign ownership limits

SHB bank, VPBank raise foreign ownership limits

SHB has tripled its foreign ownership limit to 30%, the maximum allowed under the law, while VPBank previously raised its figure from 15% to 17.5%.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7