The National Assembly Standing Committee has not thrown its weight behind the time limit of apartment ownership as proposed in the draft of the revised Housing Law.

Foreign nationals entering Vietnam are not granted land use rights as enjoyed by local citizens, according to a statement made by the Ministry of Natural Resources and Environment.

The Hanoi Construction Department has announced that it will inspect the use and management of apartment buildings in Hanoi this year.

The HCM City Real Estate Association (HoREA) has asked the National Assembly to approve a proposal which would give buyers of apartments more time to pay maintenance fees.

On August 2, the Government Standing Committee met to discuss the proposed law on special administrative-economic units and changes in the land law concerning foreign ownership of property. 

VietNamNet Bridge - Since the Housing Law took effect in July 2015, 549 land-use right certificates (red books) have been issued to foreign individuals and institutions who have bought houses in Vietnam.

Only 20 per cent of workers at industrial zones have stable accommodations, prompting an urgent need to improve living conditions for labourers there, a senior official told a conference in Hà Nội July 1.

VietNamNet Bridge - The Da Nang City Department of Natural Resources and the Environment is asking for a specific mechanism to restrict the housing scale and area that foreigners can lease or buy.

VietNamNet Bridge - Real estate developers have complained about the regulation that limits foreign ownership to no more than 30 percent of apartments in one project and no more than 250 houses in one ward.

VietNamNet Bridge - Foreigners can only put a deposit down for houses, but still cannot sign contracts and get houses delivered, even though the 2014 Housing Law took effect three months ago. 

Foreigners can buy and own houses in Vietnam for a 50 year period. If the owners sell or give their houses to foreign institutions and individuals within that period, the recipients will have the right to possess the house for the remaining time. 

 VietNamNet Bridge – The construction sector excelled in 2014, said Minister of Construction Trinh Dinh Dung.

 VietNamNet Bridge – Deputy Minister of Construction Nguyen Tran Nam spoke with Tin tuc (News) newspaper about financial policies for rental housing development projects.

 VietNamNet Bridge – The National Assembly's approval of the long-awaited amendments to the Housing Law on November 25 is more significant than previously thought and marks a strong step towards opening up the Viet Nam real estate market

Foreigners entering Viet Nam are no longer automatically allowed to own houses in the country, according to the latest draft of the amended Law on Housing.

 National Assembly Chairman Nguyen Sinh Hung yesterday called for better vocational training, saying that this would produce more qualified trainees.

VietNamNet Bridge – The Law on Housing needs to be amended due to shortcomings that have led to uncontrolled and unplanned housing developments, shortage of housing for low-income people and a surplus of high-end housing,

Thailand’s leading retailer opens first store in Vietnam; Rice exports to China continue to rise; Newly merged banking giant on the cards; Japan invests in high-tech steel making; Major airlines to expand operations in foreign markets

 VietNamNet Bridge – The Vietnamese government’s continued support of stimulus packages for the property sector are expected to offer more hope to property firms and buyers this year as the market begins its early-year recovery.