Path forward for transit strategy under the spotlight

Path forward for transit strategy under the spotlight

While increased investment is anticipated in transit-oriented development, spurred by the new Law on Capital City and the Land Law, further enhancements are necessary to unlock the full potential of such projects.
New land and housing laws expected to better allocate resources for economic growth

New land and housing laws expected to better allocate resources for economic growth

Starting August 1, 2024, three key laws - the 2024 Land Law, the amended Housing Law, and the amended Real Estate Business Law came into effect.
Strong remittance flows bring boost to the south

Strong remittance flows bring boost to the south

Remittance flows to southern Vietnam in particular continue to grow strongly, with early implementation of the new Land Law expected to drive real estate growth towards 2025.
Land Law 2024 disseminated to Vietnamese community abroad

Land Law 2024 disseminated to Vietnamese community abroad

The Ministry of Foreign Affairs' State Committee for Overseas Vietnamese (SCOV) in coordination with the Hanoi Bar Association organised a conference on June 27 to popularise regulations and laws regarding the Land Law 2024 of Vietnam to overseas Vietnamese (OVs).
Sunnier days anticipated through updated land laws

Sunnier days anticipated through updated land laws

The proposal to implement the revised Land Law from July instead of next year is expected to bring confidence to the real estate sector.
Business concerns apparent on land law

Business concerns apparent on land law

The business community is still unclear about draft decrees related to land prices and implementation of the new Land Law.
Strict evaluation can ensure land law implementation

Strict evaluation can ensure land law implementation

To ensure the 2024 Land Law be implemented smoothly, it is necessary to carefully review, analyse, and evaluate the contents of draft decrees detailing some articles on implementation and on land prices.
Rapid law implementation may propel market fortunes

Rapid law implementation may propel market fortunes

With quicker implementation of Vietnam’s new land law, the real estate market can resume normal operations and enter a more robust development cycle from the second half of this year.
Revised Land Law expected to drive remittances to real estate market: Experts

Revised Land Law expected to drive remittances to real estate market: Experts

The Land Law (revised), which expands land use rights for overseas Vietnamese (OV) and Vietnamese citizens residing abroad, meets the aspirations of OVs and contributes to mobilising investment resources to Vietnam at the same time
Revised laws shed light on real estate conditions

Revised laws shed light on real estate conditions

The upcoming new Land Law, together with Housing Law and Real Estate Business Law, have shed light on current market conditions in the real estate sector.
New Land Law important to national development: experts

New Land Law important to national development: experts

The revised Land Law, which was passed at the 15th National Assembly’s fifth extraordinary session, holds great significance in the country’s political...
Land law overhaul transforms land acquisition

Land law overhaul transforms land acquisition

Land acquisition is poised for transformation under the new Land Law.
Impacts of land law on foreign investors

Impacts of land law on foreign investors

The implementation of Vietnam’s new Land Law, effective from next year, brings significant changes that will shape the landscape for real estate investors, particularly foreign investors, who must navigate these changes strategically.
Fresh land law will offer beneficial economic utility

Fresh land law will offer beneficial economic utility

The adoption of the revised Land Law in January was billed as one of the most important legislative tasks of the latest National Assembly. It will come into effect in January 2025 and should be viewed as a strengthening of the foundation underpinning the Real Estate Business Law and the Housing Law, both passed last November.
A new property market cycle is beginning for Vietnam

A new property market cycle is beginning for Vietnam

The new Land Law should promote market mechanisms, regulate interest groups, put people first, and minimise disparities between real estate businesses.
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