PM urges synchronised completion of land, housing, real estate laws to unlock resources
The three laws are closely interconnected and play a crucial role in unlocking resources and meeting the requirements for growth in the period ahead.
Property market expected to gain fresh impetus
As Vietnam strives to become a regional green finance hub, the demand for "green" real estate projects—characterized by energy efficiency and environmental friendliness—is expected to escalate in the near future.
Compilation board established to guide implementation of Law on Real Estate Business
Law is scheduled to take effect from January 1, 2025.
Decree on Law on Real Estate Business issued
Under a government Decree detailing the implementation of a number of articles in the Law on Real Estate Business, which took effect on March 1, the legal capital requirement of VND20 billion ($875,000) will be removed. The Decree also stipulates the conditions for the transfer of contracts for sale and purchase, lease-purchase of houses to be built in the future, and the transfer of lease-purchase contracts for existing houses and construction works.