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Vietnam’s new administrative procedures concerning real estate business

On October 4, 2024, the Ministry of Construction of Vietnam promulgated Decision No. 907/QD-BXD 2024 on the announcement of new and replaced administrative procedures concerning real estate business under the state management of the Ministry of Construction of Vietnam.

Vietnam’s guidelines on declaration of prices of milk and functional food for children below 6 years old

On August 21, 2024, the Ministry of Health of Vietnam Official Dispatch No. 4923/BYT-ATTP on the implementation of regulations on the declaration of prices of milk and functional food for children below 6 years old according to the Law on Prices 2023.

Ministry of Education and Training of Vietnam’s guidelines on revenues in education and training in 2024-2025 academic year

On August 30, 2024, the Ministry of Education and Training of Vietnam promulgated Official Dispatch No. 4916/BGDDT-KHTC on revenues in education and training in the 2024-2025 academic year.

Financial support ranging from 750.000 VND to 1.500.000 VND per ha per year for paddy land in Vietnam from 2025

On September 11, 2024, the Government of Vietnam promulgated Decree No. 112/2024/ND-CP on elaboration on paddy land, which stipulates regulations on state budget support for rice production ranging from 750.000 VND to 1.500.000 VND per ha per year.

Trade Unions to support trade union members and workers affected by Yagi storm in Vietnam

On September 10, 2024, the Vietnam General Confederation of Labor promulgated Official Dispatch No. 2038/TLD-QHLD on care and support for trade union members and workers affected by Storm No. 3 in 2024.

Procedures for restructuring crops and livestock on paddy land in Vietnam

On September 11, 2024, the Government of Vietnam promulgated Decree No. 112/2024/ND-CP on elaboration on paddy land.

Deferral, exemption, and reduction of taxes, fees, and charges for organizations, individuals, and enterprises suffering damage caused by storms and floods in Vietnam

On September 10, 2024, the Prime Minister of Vietnam sent Official Telegram No. 92/CD-TTg on focused remedies for the consequences of Storm No. 3 and rains and floods after storms.

Vietnam to accelerate development of industries concerning Vietnamese culture

On August 29, 2024, the Prime Minister of Vietnam promulgated Directive No. 30/CT-TTg on developing industries concerning Vietnamese culture.

Vietnam to stimulate consumer demands and support manufacturing, business, and domestic market development

On August 27, 2024, the Prime Minister of Vietnam promulgated Directive No. 29/CT-TTg on stimulating consumer demands and supporting manufacturing, business, and domestic market development.

Lease terms of houses under public ownership not used for residential purposes in Vietnam

On August 23, 2024, the Government of Vietnam promulgated Decree No. 108/2024/ND-CP on the management, use, and utilization of houses and land under public ownership not used for residential purposes assigned to organizations in charge of managing and trading local houses for management and utilization.

Amendments to several construction norms in Circular No. 12/2021/TT-BXD of Vietnam

On August 30, 2024, the Minister of Construction of Vietnam promulgated Circular No. 09/2024/TT-BXD on amendments to the construction norms prescribed in Circular No. 12/2021/TT-BXD.

Procedures for grant of certificates of conformity to sell and lease-purchase off-plan housing in Vietnam

On July 24, 2024, the Government of Vietnam promulgated Decree No. 96/2024/ND-CP elaborating on the Law on Real Estate Business, which stipulates regulations on procedures for providing certificates of conformity to sell and lease-purchase off-plan housing.

Operational conditions and operations of real estate trading floors in Vietnam from August 1, 2024

On July 24, 2024, the Government of Vietnam promulgated Decree No. 96/2024/ND-CP on guidelines on the Law on Real Estate Business 2023, which stipulates the operational conditions and operations of real estate trading floors.

Documents proving entities eligible for owner houses in Vietnam from August 1, 2024

On July 24, 2024, the Government of Vietnam promulgated Decree No. 95/2024/ND-CP on guidelines on the Law on Housing 2023, which contains guidelines on documents proving entities eligible for owning houses in Vietnam.

Documents proving requirements of houses in transactions when certificates of land use rights are unavailable in Vietnam

On July 24, 2024, the Government of Vietnam promulgated Decree No. 95/2024/ND-CP elaborating on the Law on Housing 2023, which contains contents concerning documents proving requirements of houses in transactions when certificates of land use rights are unavailable.

Internal regulations on management and use of apartment buildings in Vietnam

On July 31, 2024, the Minister of Construction of Vietnam promulgated Circular No. 05/2024/TT-BXD on guidelines on the Law on Housing, which stipulates internal regulations on the management and use of apartment buildings.

Vietnam’s requirements for individuals investing in construction of housing with 2 storeys or more and less than 20 dwelling units

On July 31, 2024, the Minister of Construction of Vietnam promulgated Circular No. 05/2024/TT-BXD on guidelines on the Law on Housing, which contains requirements for the construction of private multi-storey and multi-unit apartment buildings.

Land appropriation upon land users’ failure to fulfill financial obligations in Vietnam

On July 30, 2024, the Government of Vietnam promulgated Decree No. 102/2024/ND-CP on guidelines on the Law on Land 2024.

Vietnam to intensify tax administration for e-commerce activities

On July 23, 2024, the General Department of Taxation of Vietnam promulgated Official Dispatch No. 3153/TCT-DNNCN 2024 on intensifying tax administration for e-commerce activities.

Vietnam’s framework program on training and advanced training in knowledge of real estate brokerage from August 1, 2024

On July 30, 2024, the Minister of Construction of Vietnam promulgated Circular No. 04/2024/TT-BXD on guidelines on the framework program on training and advanced training in knowledge of real estate brokerage practice and real estate trading floor management.
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