The policy on allowing foreigners to own houses associated with land in Vietnam has been studied and considered very carefully.
Hundreds of Vietnamese firms are serving as proxies for foreigners to buy real estate units in areas vital to national security, says Deputy PM Pham Binh Minh.
Experts have called for loosened legislation to facilitate foreign ownership of property in the country.
Many foreigners are keen to buy high-end apartments in Vietnam but the process is anything but straightforward.
The National Assembly’s (NA’s) supervision delegation has asked the Government to issue policies to prevent the Vietnamese people from buying land lots and apartments and transferring them to foreigners.
Almost 70 percent of home purchases of foreigners in Vietnam were made in Ho Chi Minh City. What makes the Southern city occupy such a prominent position?
More foreigners are buying apartments and investing in real estate in Vietnam, especially in HCM City, with most of them coming from mainland China, Japan, Singapore and South Korea.
HCMC - Foreign organizations and individuals may be encouraged to establish and operate libraries in Vietnam, according to a draft Law on Library discussed on March 13, VnEconomy reported.