Foreign organizations and individuals can now own up to 30 percent of the total apartments of a condominium, according to a new decree that became effective on August 1.
Prime Minister Pham Minh Chinh on July 21 issued Official Telegraph 71/CD-TTg, putting forward nine groups of focal solutions and tasks for July and the third quarter of 2024.
Scheduled to take effect on January 1 next year, the Law Amending and Supplementing a Number of Articles of the Law on Asset Auction, which was passed by the National Assembly on June 29, is expected to contribute to improving the quality and professionalism of operations of asset auction organizations.
The National Assembly on June 29 passed the Law Amending and Supplementing a Number of Articles of Land Law 31/2024/QH15, Housing Law 27/2023/QH15, Law 29/2023/QH15 on Real Estate Business, and Law 32/2024/QH15 on Credit Institutions.
The Government issue Decree No. 101/2024/ND-CP on primary investigation for land; registration and issuance of certificates of land use rights and land information system, including Articles as follows:
The Ministry of Construction is working on draft revisions of Decree 16 of 2022, proposing to raise the maximum administrative fine to VND 1 billion (USD 39,500) for various construction violations in real estate business and housing development.
The Ministry of Finance is working to revise Decree No. 132/2020/ND-CP, adding regulations regarding the determination of related-party transactions between enterprises and credit institutions.
The Investment Support Fund, an off-budget state financial fund, would be formed with the function of receiving, managing and using financial support in cash and in kind to finance and support high-tech investment activities and green transformation.
Vietnam’s archives sector will be built to be modern, meeting the requirements on state management and modernization of the administrative system serving the people, says the 2024 Archives Law.
The Ministry of Finance will announce the final draft circular regarding upgrading Vietnam's securities market and operating the Korea Exchange (KRX) system this week.
On June 28, 2024, the State Bank of Vietnam issues Circular No. 20/2024/TT-NHNN prescribing factoring and other services related to factoring of credit institutions, and foreign bank branches.
The Government issues the Decree No. 76/2024/ND-CP on amending and supplementing a number of articles of the Government’s Decree No. 20/2021/ND-CP providing social assistance policies for social protection beneficiaries.