Vietnam Set to Revolutionize Property Market with New Laws Starting August 2024
Hanoi, Vietnam — A sweeping set of legislative reforms aimed at transforming the real estate sector in Vietnam is set to take effect starting August 1, 2024. These changes, involving new laws on land, housing, and property dealings, are expected to enhance regulation, encouraging transparency and advancing professional practices within the industry. On July 23, the Presidential Office of Vietnam authorized the enactment of multiple laws that prescribe more stringent governance in real estate transactions and the management of credit institutions. Law No. 43/2024/QH15, in particular, is critical among these, amending existing articles to bring … Read more