The robust industrial real estate sector faces the impact of the global minimum tax
PolicyRecently, the Hanoi Tax Department issued a letter requesting businesses to inform their parent companies about the supplementary corporate income tax policy in accordance with the regulations on combating global base erosion and profit shifting (BEPS) in Vietnam from 2024, to determine whether the businesses are subject to Resolution 107/2023/QH15. Not only foreign-invested enterprises in Hanoi but also those in other localities such as Hai Phong, Thai Nguyen, etc., are also concerned and have proposed that the Ministry of Finance issue supporting policies.
Real estate capital flows looking for new markets
MarketThe tightening policies on real estate credit, restriction on licensing to housing projects, and oversupply in the high-end market segment are expected to pose challenges for realtors in 2019.
