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​ 

April 28, 2011
According to official doctrine, land in Vietnam belongs to the people, while the use of such land is administered on the people’s behalf by the State. Thus, “land ownership” is more appropriately referred to as a “land use right” (LUR). The State administers the LUR by issuing a Land Use Right Certificate (LURC), similar to a title deed to real property in the West. LURCs designate, among other things, the duration and purpose of the land use. Any use of the land beyond the scope of the LUR can lead to a withdrawal of the LUR by the State.
Read More
April 28, 2011
This guide provides a detailed overview of doing business in Thailand. Topics covered in the guide include investment, import and export regulations, exchange controls, tax, requirements for establishment of a business, structures for doing business, cessation or termination of a business, labor legislation, and immigration requirements. The guide provides an invaluable primer for investors new to the Thai business investment.
Read More
April 28, 2011
In Vietnam, land prices are used as the basis for calculation of land use fees, which apply mainly to the payment for the allocated land by eligible persons to the State, and land rental, which involves the payment for leased land by land users. Land prices fall under two categories: (1) those stipulated by the State and (2) those calculated on the basis of market price. In order to make the legislation on land prices more in line with market reality, the Government has amended a number of decrees on land prices.
Read More
April 28, 2011
This chapter provides an overview of the legal system and key laws for foreign companies doing business in Thailand. Presented in a question-and-answer format, the chapter examines the rules governing foreign investment, business vehicles, employment, tax, competition, intellectual property, marketing agreements, e-commerce, data protection, and product liability.
Read More