With both the Land Law and Real Estate Business Law set to take effect on 1 January 2025, VILAF Hanoi Managing Partner Anh Bui and Senior Partner Anh Dang will share their insights in a briefing and key implementation points mentioned in the new laws. To take advantage of this opportunity, register at https://lnkd.in/gXpkYhVz Download the invitation here.
Category: Real Estate
Vietnam’s Land Law Overhaul: Transforming Land Acquisition for Project Development
Posted on Feb 21, 2024 in Legal Update by VILAF
By Duyen Ha Vo (Senior Partner) and Tram Dang (Senior Associate) The landscape of land acquisition in Vietnam is set to undergo a transformation with the impending implementation of the new Land Law, recently approved by the National Assembly and poised to take effect on January 1, 2025. This article explores the potential implications of these changes on the land acquisitions of developers engaged in real estate, energy, and infrastructure projects. KEY HIGHLIGHTS 1. Land […]
Legal Bulletin December 2023: Law on Real Estate Business
Posted on Dec 21, 2023 in Legal Update by VILAF
On 28 November 2023, the National Assembly adopted the Law on Real Estate Business 2023 (the “LREB 2023”), which will be enforceable from 01 January 2025 and replace the Law on Estate Business 2014 (“LREB 2014”). Below are some notable provisions of the LREB 2023. We note at the outset that our update below is based on a version that was submitted for the National Assembly’s approval at the Sixth session and may subject to […]
On 11 August 2023, VILAF and Vietnam International Arbitration Center (VIAC) co-hosted a Seminar on Real Estate M&A – Risk Management and Methods of Promoting Investment Potential at Eden Star Saigon Hotel, Ho Chi Minh City. The seminar provided a platform for participants and esteemed industry experts to engage in a meaningful dialogue regarding the present state of Vietnam’s real estate markets. Discussions encompassed topics such as real estate M&A prospects, prevailing transactional and dispute-related […]
Exclusive jurisdiction of Vietnamese courts over disputes relating to rights over real properties in Vietnam
Posted on Apr 27, 2023 in Legal Update by VILAF
by Loi Pham, Associate The concept of “jurisdiction” usually refers to a court’s legal power and authority to hear and decide on a case. To say that a court has exclusive jurisdiction means that the law considers such court as the sole court where a dispute can be submitted for resolution; and no other court has the jurisdiction to hear and determine such case, even both parties purport to submit to it. The exclusive jurisdiction […]