Policy

Condo maintenance fund appropriation must be treated as criminal offense

Condo maintenance fund appropriation must be treated as criminal offense

Investors who misappropriate apartment maintenance funds must receive criminal sanctions due to the severe impact of the offense on residents’ benefits, deputy Nguyen Mai Bo from An Giang Province said.

Updated

Nine land plots in Thu Thiem to be auctioned

Authority of Ho Chi Minh City (HCMC) is calling on investors to join an auction for the land use rights of nine plots in Thu Thiem New Urban Area, District 2, local media reported.

by Source: Saigontimes

Nine land plots in Thu Thiem to be auctioned

Public investment mainly used to pay debts: minister

Investment capital planned for public projects has been largely appropriated to pay the debt arrears of basic construction and to complete transitional projects, while very few fresh projects have been financed in the past few years, said Minister of Planning and Investment Nguyen Chi Dung at a National Assembly (NA) session on June 3.

by By Lan Nhi/Saigontimes

Public investment mainly used to pay debts: minister

Coastal urban area in Quang Ninh to be expanded

Authorities of Northern province Quang Ninh has recently assigned the project of expanding the coastal urban area in Cai Rong town, Van Don district to a joint venture of Thong Nhat Seafood Trading and Investment Company Limited and Eurowindow Joint Stock Company to carry out.

by Source: Xay dung Online

Coastal urban area in Quang Ninh to be expanded

Investors benefit from Vietnam’s new planning law

The new policies will simplify procedures, explaining that instead of 95 laws and ordinances, investors only have to relate to two legal documents regulating planning. This is a way to reduce administrative procedures and increase transparency and stability of the law.

by By Anh Hong/Hanoitimes

Investors benefit from Vietnam’s new planning law

Hanoi to begin construction of two new ring roads

Hanoi will build its parts of the ring roads no.4 and no.5 between 2021-2025 in an effort to complete the local transport infrastructure, said the municipal Department of Transport.

by Source: VNA

Hanoi to begin construction of two new ring roads

Awareness of terrorist financing in real estates

On May 31, in Hanoi, the Ministry of Construction organized a training program to raise awareness on anti-money laundering/terrorist financing and multilateral evaluation processes of APG (Asia - Thai Binh Duong Group chaired by Deputy Minister Nguyen Van Sinh - Member of the Central Steering Committee) on prevention and control of money laundering.

by By Khanh Phuong/baoxaydung

Awareness of terrorist financing in real estates

Decree outlines fresh approach to planning

The long-awaited new decree guiding to the Law on Planning is expected to open a wider business development space for businesses to venture further into projects in Vietnam in the months ahead, with a new market orientation approach being a prominent highlight.

by By Bich Thuy/Vietnam Investment Review

Decree outlines fresh approach to planning

Administrative boundaries of communes adjusted for Long Thanh airport

To serve the Long Thanh airport project, on May 29, Dong Nai People's Committee held a ceremony to announce the Resolution of the National Assembly Standing Committee on the dissolution and adjustment of administrative boundaries of 6 communes of Long Thanh district.

by Source: saigondautu

Administrative boundaries of communes adjusted for Long Thanh airport

Evaluating the progress of foreign property ownership across Vietnam

Entering into force in July 2015, the Law on Residential Housing No.65/2014/QH13 and the Law on Real Estate Business No.66/2014/QH13 partially lifted the barriers for foreigners pouring money into Vietnam’s real estate market, and thus opened the floodgates for overseas investment in this sector. The two laws have not only simplified the legislation, but also expanded the rights and protections afforded to investors while maintaining certain restrictions to keep them from overrunning funding into Vietnam’s real estate opportunities.

by Source: Vietnam Investment Review

Evaluating the progress of foreign property ownership across Vietnam
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Boosting low-income housing

Boosting low-income housing

The Government is continuing with its efforts to boost the social housing development.

  •  SBV moves to reassure property investors

    State Bank of Vietnam’s (SBV’s) newly amended regulations on prudential ratios for the operation of credit institutions and foreign bank branches have provided significant relief to real estate investors.

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Awesome Danang

The beauty of Danang’s nature and people had been showcased in a video that went viral called “Danang is Awesome”. Take a look!