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.
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.
The price increase for apartments in Hanoi in the first half of 2024 compared to the beginning of 2023 is 31%.
Experts believe that positive changes in real estate laws and the policies of the Government will increasingly attract many foreign investors, helping to orient the...
The 2023 Housing Law introduces several important changes to address these issues.
Expectations are high following the approval by the National Assembly of the Real Estate Business Law, the Housing Law, and the Land Law, which will soon enter into...
Promoting social housing projects remains a priority for the government.
Authorities in Vietnam will build social housing and affordable commercial housing simultaneously to satisfy the various needs of residents.
According to HoREA, it is important to reintroduce the legislation that permits developers of social housing projects to boost building density or land use coefficient...
According to experts, rather than implementing a new credit package for social housing, it is better to tweak the present VND 120,000 billion loan package in the...
Deputy Prime Minister Tran Hong Ha has requested competent authorities to simplify the processes and criteria for evaluating eligibility and procedures...
The 7th session of the 15th National Assembly is considering the Government’s proposal of applying land-related laws 6 months sooner to revive the real estate market.
The Government, ministries, and businesses are urged to implement solutions to solve existing major issues hampering the development of the real estate market.
Proposals regarding social housing loan packages continue to be suggested, with many opinions advocating for a fixed interest rate of 4.8% for social housing...
The Hanoi residential real estate market is encountering significant challenges in terms of undersupply, particularly in the realm of affordable housing. Both low-rise...
Prime Minister Pham Minh Chinh on March 16 urged the plan on building at least 1 million social housing units for low-income earners and industrial workers in the 2021 -...
Despite efforts made by governments in Binh Duong and Dong Nai provinces, just a few affordable houses in the Southeast provinces were built failing to meet great demand.
In 2024, the Ministry of Construction will closely monitor the implementation of the plan and work with local governments to allocate land for social housing.
Hanoi is expected to require capital of VND12.5 trillion (US$508 million) to develop social housing projects by 2025.
The land area zoned for social housing development has increased by 5,031ha from the 3,359ha reported in 2020, said the Ministry of Construction (MoC).
The newly approved Land Law, Housing Law, and Law on Real Estate Business, which will take effect from 2025, are expected to create more favourable conditions for...
The domestic real estate market will have four land valuation methods instead of the current five methods, according to a new decree issued by the Government on February...
According to Mr. Tran Van Binh, Vice Chairman and Secretary-General of VARS, the amended Land Law, which contains many new and groundbreaking provisions, would provide a...