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

June 11, 2019

PLC Corporate Real Estate Global Guide 2019 – Vietnam Chapter

Practical Law Company

Partner Vinh Quoc Nguyen, an expert on Vietnamese real estate laws, provided the chapter on Vietnam for Practical Law’s Corporate Real Estate Global Guide 2019, a high-level comparative overview of commercial real estate laws and regulations in 32 jurisdictions worldwide. The chapter also highlights recent trends in the condominium, office, and retail sectors of the Vietnam real estate market.

Other topics covered include real estate investment structures, including REITs; title; tenure; sale of real estate; liability; due diligence; warranties; real estate tax, including VAT and stamp duty/transfer tax; climate change targets; restrictions on foreign ownership; real estate finance; commercial leases; and planning law.

To read the Vietnam chapter, please download the PDF below.

RELATED INSIGHTS​ 

May 5, 2020
The Global Attorney-Client Privilege Guide, published by Lex Mundi, provides information on what constitutes attorney-client privilege in over 65 jurisdictions around the world. The Thailand chapter of the guide was written by Michael Ramirez, counsel in the dispute resolution group of Tilleke & Gibbins’ Bangkok office.
April 17, 2020
On April 15, 2020, Vietnam’s Prime Minister Nguyen Xuan Phuc agreed to a proposal to extend the country’s social distancing measures under Directive 16 for at least one more week in risk-categorized provinces and cities. These measures, including a prohibition on public gatherings of more than two people and a suspension of public transportation services, were originally put in place for the period from April 1 to April 15.
April 16, 2020
On April 15, 2020, the Lao Prime Minister’s Office issued Notification No. 481/PMO, which provides further recommendations on the implementation of PM Order No. 06/PM issued on March 29, 2020, including the extension of the earlier lockdown measures imposed in Laos to May 3, 2020, and reiterating that measures to tackle the COVID-19 pandemic should remain in effect until further notice. 
April 16, 2020
On April 8, 2020, the Government of Vietnam issued Decree No. 41/2020/ND-CP, which took effect on the same day, on deferral of payment of taxes and land rental (“Decree 41”). This is considered a relief measure for taxpayers amid the COVID-19 epidemic.Decree 41 provides for extension of the deadline for tax payment for a number of taxpayers, including companies in many sectors, small and extra-small enterprises, and credit institutions providing supporting services for clients affected by the COVID-19 epidemic.