housing law

Update news housing law

Proposed time limit for apartment ownership gets thumbs down

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.

Foreigners yet to be granted land use rights in Vietnam

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.

Hanoi to inspect use and management of apartment buildings

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

Apartment buyers’ fees could be delayed under proposal

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.

Foreigners to be allowed to own houses in VN for up to 99 years

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. 

Why are foreigners’ house purchases proceeding at a sluggish rate?

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.

Urgent need: workers’ housing

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.

Da Nang told to be cautious about Chinese housing purchases

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.

Real estate developers propose higher stake for foreigners

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.

Foreigners allowed to buy houses, but cannot sign contracts

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. 

What is the maximum time of house ownership for foreigners?

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. 

Housing law means affordable homes, real estate growth

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

Rental market needs investment

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

Foreign ownership rule welcomed

 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

Housing law restricts foreign homebuyers

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.

NA seeks job training improvements

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

Housing law needs changes

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

Stimulus package gets new tune-up

 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.

PM Dung asks to facilitate foreigners to buy houses in Vietnam

 VietNamNet Bridge - Prime Minister Nguyen Tan Dung asked relevant bodies to compile the revised Housing Law in the direction of making it more convenient for foreigners and overseas Vietnamese to buy houses in Vietnam.