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

March 4, 2025

Vietnam Removes Obstacles to Key Real Estate Projects

Subscribe to Updates

On February 20, 2025, the National Assembly of Vietnam made public the executed Resolution 170/2024/QH15, which outlines special mechanisms and policies to address difficulties and obstacles related to notable real estate projects and land issues in Da Nang, Ho Chi Minh City, and Khanh Hoa Province. This resolution, with an effective date of April 1, 2025, aims to resolve issues identified in inspection conclusions, audits, and court judgments, including 1,313 cases of land-use term violations in Da Nang.

Solutions

Resolution 170 provides a variety of mechanisms and policies to clear the way for projects to proceed with implementation. These may include, depending on the specific location, the following solutions.

  • For issued Land Use Rights Certificates (LURC) that violate the land-use term for business production land in Da Nang: For projects that have already been invested in and utilized, the land-use terms in the LURC may be adjusted to 50 years from the date of the decision on land allocation, land lease, conversion of land use purpose, or actual land handover.
  • For continued use of land, determining land prices, and calculating land use fees and land rental fees applicable to a list of projects in Da Nang, Ho Chi Minh City, and Khanh Hoa Province: The city/provincial People’s Committees will review and complete, within their authority, the procedures related to land, investment, construction, environment, and forestry of such projects in accordance with the current laws.
    • Projects that meet legal and regulatory requirements after thorough review and compliance checks will be allowed to continue, provided they are aligned with urban planning, environmental standards, and national security requirements. In addition, investors must fulfill applicable financial obligations, including land use fees and land rental payments, which will be reassessed and collected based on the land price tables applicable in Da Nang, Ho Chi Minh City, and Khanh Hoa Province at the time of the land allocation or land lease decision. If the land price at the time of the decision does not reflect the actual market value, the provincial People’s Committees will determine a specific land price.
    • Projects that do not meet the conditions will have their land revoked.

Outlook

Resolution 170 represents a significant effort by the National Assembly to address longstanding issues in project and land management. Stakeholders are advised to review the resolution in detail and ensure compliance with the outlined solutions to avoid legal and financial repercussions.

Related Professionals

Practices

Real Estate

Location

RELATED INSIGHTS​ 

June 15, 2020
As the Thai government begins to gradually lift the restrictions that were implemented to minimize the health risks of the COVID-19 pandemic, the unprecedented economic impact of the disease continues to be felt across multiple sectors of the economy. Businesses have experienced a variety of challenges, including forced closures, supply chain disruptions, and severe declines in revenue as the number of customers has plunged. For the many businesses that lease space for their operations, one additional challenge is simply the ability to pay rent.
Read More
June 9, 2020
On May 29, 2020, the government of Vietnam issued Resolution No. 84/NQ-CP, which mandates a number of economic relief and recovery measures in light of the COVID-19 pandemic. These measures include, among others, the reduction of certain government fees and charges and the easing of some regulations on foreign employees, trade, and construction. Some highlights of Resolution 84 are discussed below.Reduction of Government Fees
Read More
May 26, 2020
To provide some additional relief to entrepreneurs that have been financially affected by the COVID-19 pandemic, Thailand has released a new emergency decree that allows financial institutions to offer soft loans to eligible small and medium enterprises (SMEs), waiving the usual mortgage registration fee for loans of this type.
Read More
May 19, 2020
In Vietnam, golf is gaining in popularity, and the country is also becoming a popular destination for golfing vacationers. The country has about 35 courses in operation and many more in the pipeline. Most of the courses are found on the outskirts of major cities like Hanoi and Ho Chi Minh City, or near resort areas such as Da Nang, Nha Trang, Vung Tau and Dalat.
Read More