You are using an outdated browser and your browsing experience will not be optimal. Please update to the latest version of Microsoft Edge, Google Chrome or Mozilla Firefox. Install Microsoft Edge

December 6, 2016

PLC Corporate Real Estate Global Guide 2016/17 – Vietnam Chapter

Subscribe to Updates
Practical Law Company

Practical Law has published the 2016/17 edition of its Corporate Real Estate Global Guide, a high-level overview of commercial real estate laws and regulations in 23 jurisdictions worldwide. The Vietnam chapter of the guide was written by Vinh Quoc Nguyen, a senior attorney-at-law in Tilleke & Gibbins’ corporate and commercial group in Ho Chi Minh City. The Vietnam chapter covers the following main topics:

  • The Corporate Real Estate Market: Trends and most significant deals over the last 12 months.
  • Real Estate Investment: Structures typically used for investment, main sources of finance, types of investors, and restrictions on foreign ownership or occupation.
  • Title to Real Estate: Determining title to real estate, electronic access and conveyancing, main information in public register, disclosure of confidential information, state guarantees to title, government liability for errors in title registration, insurance, and tenure.
  • Sale of Real Estate: Preliminary agreements, corporate real estate sale contract, main real estate provisions in share purchase agreements, due diligence, sellers’ warranties, liability, environmental compliance, and completion arrangements.
  • Real Estate Tax: Stamp duty/transfer tax, mitigating tax liability on acquisitions of large real estate portfolios, value added tax, and municipal taxes.
  • Climate Change Issues: Targets and incentives for reducing greenhouse gases and energy efficiency requirements.
  • Real Estate Finance: Secured lending and real estate financing techniques, environmental liability, and remedies for default.
  • Real Estate Leases: Negotiation of contractual lease provisions, executing a lease, rent payments, length of term and security of occupation, disposal, repair and insurance, and landlord’s remedies and termination.
  • Planning and Development Controls: Compulsory purchase of business premises by local or state authorities, relevant authorities, and planning consent.
  • Reform: Proposals to amend real estate law.

The Corporate Real Estate Global Guide  is published by Practical Law Company, which is owned by Thomson Reuters.

Download Full Article
Related Professionals

Practices

Real Estate

Location

RELATED INSIGHTS​ 

May 17, 2019
The Factory Act (No. 2) B.E. 2562 (2019) and Factory Act (No. 3) B.E. 2562 (2019) were published in Thailand’s Government Gazette  on April 30, 2019. These will amend the Factory Act B.E. 2535 (1992). The Factory Act (No. 2) will become effective 180 days after publication—that is, on October 27, 2019—while The Factory Act (No. 3) became effective on May 1, 2019. 
Read More
March 15, 2019
Thailand’s new Land and Building Tax Act B.E. 2562 (2019) (the “Act”) came into effect on March 13, 2019. Payment of land and building tax under the new Act will be required from January 1, 2020, onwards.
Read More
February 25, 2019
On February 8, 2019, Thailand’s National Legislative Assembly passed a new draft of the Sap-Ing-Sith  Act, designed to eliminate certain restrictions and limitations for the ordinary lease of immovable property under the Civil and Commercial Code, and the lease of commercial and industrial real estate under the relevant governing laws. The law is expected to encourage the use of rights attached to immovable property which is transferrable and can be used as security/collateral to promote and support Thailand’s economic growth, as well as to boost the property market.
Read More
August 17, 2018
Partner Vinh Quoc Nguyen contributed the Vietnam chapter of Practical Law’s Corporate Real Estate Global Guide 2018, a high-level overview of commercial real estate laws and regulations in 30 jurisdictions worldwide.The Vietnam chapter highlights recent trends in the country’s real estate market, including condominium, office, and retail sectors, and explores common structures and financing sources for real estate investment, as well as limitations faced by foreign investors.
Read More