The Government has just promulgated Resolution No. 66.11/2026/NQ-CP on resolving difficulties and obstacles in the auction of land use rights, which shall be effective from January 6, 2026 to February 28, 2027. The Resolution introduces two notable new provisions aimed at strengthening auction discipline and curbing the practice of bidding high prices followed by forfeiture...
On June 27, 2025, the National Assembly passed the Law Amending and Supplementing the Law on Credit Institutions (No. 96/2025/QH15), which will take effect on October 15, 2025. Despite undergoing multiple amendments, the current Law on Credit Institutions still reveals numerous shortcomings, with one of the biggest bottlenecks being the mechanism for handling non-performing loans....
2025 marks an important milestone in the development and completion of the legal framework, including efforts to create a favorable legal environment for businesses operating in Vietnam. Accordingly, Law No. 76/2025/QH15 (National Assembly, on 17 June 2025), on amending and supplementing a number of articles of the Law on Enterprise 2025 (“Law amending and supplementing...
On 30 April 2025, the Politburo issued Resolution No. 66-NQ/TW on reforming lawmaking and law enforcement to meet the requirements of national development in the new era (“Resolution”). Its overall objective is that by 2030, Vietnam will become a developing country with modern industry and upper-middle income, and by 2045, a nation with a high-quality...
The 2023 Housing Law, effective from August 1, 2024, introduces significant reforms, marking a pivotal moment in refining the legal framework for Vietnam’s real estate market. It supersedes the 2014 Housing Law and focuses on expanding homeownership rights, promoting and supporting social housing development, and enhancing the management of various housing types, particularly condominiums. Overseas...
The Law on Real Estate Business 2023, effective from August 1, 2024, introduces significant changes that reshape the operations of Vietnam’s real estate market. Aimed at enhancing transparency, protecting the rights and interests of the parties, and promoting sustainable development, the Law on Real Estate Business 2023 includes several critical amendments compared to the Law on Real Estate Business 2014. Below are the key...