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Vietnam Launches Pilot Program for Foreign Property Ownership

Category: Real estate, Posted:12 Jul 2009 | 09:30 am

A new Vietnamese Government resolution issued June 3 has set out guidelines and implementing rule for foreign organizations and individuals to purchase apartment units. The new scheme is limited to foreign individuals who invest in Vietnam or have a senior role in an operating company or are married to a Vietnamese citizen. For companies the requirement specifies that there are local operations and an official investment certificate.
In the past the emerging Vietnamese property market has struggled with the issue of foreign ownership but this latest move is clearly meant to stimulate its real estate sector. Many counties in the region are recognizing the need to boost overseas investment; while here in Thailand the current Democrat led Government has yet to target this as a priority issue.

Other News

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New Khao Lak And Phang Nga Report from C9 Hotelworks

Category: Tourism, Posted:24 Nov 2020 | 06:00 am While the country’s doors remain firmly shut to international tourists, Thailand’s domestic travel wanderlust has turned Khao Lak into an Instagram hero. In the first two months of this year according to research by consulting group C9 Hotelworks’ new Khao Lak Hotel Market Update occupancies soared above 80 percent. With the COVID-19 lockdowns occupancy plunged […]
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Two Great Virtual Online Hospitality Events This Week

Category: Tourism, Posted:23 Nov 2020 | 10:11 am It’s a busy week for C9 Hotelworks and Delivering Asia Communications web series on hot travel markets and emerging trends. On Wednesday 25th November  is Hostels + Hybrid Hotels. Dig the vibe and dive deep with an eclectic set of experts from across Asia and Europe. One clear sign of pandemic travel resurgence is millennials, groups […]
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Khao Lak And Phang Nga Market Update Next Week

Category: Tourism, Posted:18 Nov 2020 | 10:06 am C9 Hotelworks and Delivering Asia Communications hit to the road north of Phuket with a special Khao Lak and Phang Nga tourism and hotel update. The one-hour event will be held on Thursday 26th November, 2:00 pm Bangkok | 3:00 pm Singapore/Hong Kong. Register free at the following LINK. This special offering is a view […]