In this article, we will delve into the current challenges and obstacles faced by investors in regards to the issue of land, housing, and real estate in Vietnam, and explore potential solutions to overcome these hurdles.

1. The issuance of the Law on Investment

The recently issued Decree 02/2022/ND-CP, which pertains to the Law on Real Estate Business, lacks clarity regarding the overlap between real estate regulations and investment regulations. It is worth noting that the draft amended Law on Real Estate Business does not provide much clarity on this matter either.

2. Relevant procedures

– Land use proposal
– Extension of project duration and land use term
– Land compensation and clearance

3. Main issues of the new Draft Law on Land and Draft on Real estate Business

– Land use rights under the current Draft Law on Land
– One-time payment for land lease
– Rights of foreign-invested enterprises

4. Conclusion

In conclusion, the current issues surrounding land, housing, and real estate in Vietnam present challenges for investors and businesses seeking to establish themselves in the country. The complex and evolving regulatory environment, coupled with issues such as land disputes, limited availability of affordable housing, and fluctuations in property prices, require a comprehensive understanding of the local market and careful navigation of legal and bureaucratic processes.

For the full detail of this post, please reference on this link: http://hmlf.vn/current-issue-when-invest-and-doing-business-in-vietnam-regarding-issue-on-land-housing-and-real-estate/

Harley Miller Law Firm “HMLF”
Head office: 14th floor, HM Town building, 412 Nguyen Thi Minh Khai, Ward 05, District 3, Ho Chi Minh City.
Phone number: +84 937215585
Website: hmlf.vn
Email: miller@hmlf.vn

Get the latest legal news and updates at Global Law Experts