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All new developments of real estate and land laws that would affect foreign investors are summarized in our most recent legal update!

📢 Legal Update: Key Changes in Vietnam’s Land Laws Affecting Foreign Investors 📢 2024 Land Law Changes:   - Companies with a foreign shareholding of 50% or less are now classified as “domestic organizations,” enjoying the same land use rights as purely domestic companies.   - Disputes arising from land-related commercial activities can now be resolved through arbitration or Vietnamese courts.   - One-time land lease payments are restricted to specific types of developments such as agricultural projects, industrial parks.   - The Decision on Investment Policy (DIP) is introduced as an alternative basis for land allocation or leasing. 📢 Decree No. 71/2024/ND-CP: Comprehensive guidelines on land valuation, including methods, procedures, and factors influencing land price. 📢Decree No. 88/2024/ND-CP Instructions for preparing compensation, support, and resettlement plans when the state expropriates land. 📢Decree No. 101/2024/ND-CP Detailed timelines, procedures, and dossiers for several land-related registration procedures. 📢Decree No. 102/2024/ND-CP Procedures for amending land allocation, leasing, or use conversion decisions. 📢Decree No. 103/2024/ND-CP Land use fees and land rental. 📢Decree No. 95/2024 Detailed guidance on the 2023 Housing Law. 📢Decree No. 98/2024/ND-CP Guidelines for renovating and reconstructing condominiums. For more detailed information, you can refer to our full update. If you need further assistance or clarification, please do not hesitate to contact us. #Vietnam #LandLaw #HousingLaw #RealEstate #LegalUpdate #ForeignInvestment #RegulatoryChanges #dilinhlegal

🏡 Vietnam's Real Estate Market Set for Transformation! 🇻🇳 Vietnam’s 2024 Land Law, effective from August 1, is poised to revolutionize the real estate sector. The law introduces expanded land use rights, decentralization of power to local authorities, and improved land resource management. These changes aim to create a more favorable investment environment, particularly boosting the real estate, finance, construction, and service industries. 📈 Key updates include enhanced land use and transfer rights, flexible land use options for various sectors, and streamlined processes to attract more foreign and domestic investors. Discover the potential impacts and opportunities in our latest article on the website. 🔗 https://lnkd.in/gGgG9DpQ #VietnamRealEstate #PropertyInvestment #2024LandLaw #Investing #RealEstateNews #EconomicGrowth #Vietnam

📚 August Book of the Month: "The Law on Land Acquisition" by Su Tiang Joo & Pang Kong Leng Are you navigating the complexities of land acquisition laws in Malaysia? This August, enhance your understanding with our featured book, "The Law on Land Acquisition." Authored by experts Su Tiang Joo and Pang Kong Leng, this guide dives deep into the 2016 amendments, offering detailed insights into procedures, principles, and the determination of compensation related to compulsory land acquisition. Special Offer for August: Unlock these crucial insights for only at RM 199.00! Perfect for legal professionals and students alike, this book is an essential addition to your professional library. Don’t miss out on this limited-time offer! Explore more and secure your copy 🔗 bit.ly/3unzOaD #CLJ #BookOfTheMonth #LandLaw

📝 Vietnam’s Land Law 2024 introduces clearer guidelines for extending and adjusting land use terms, providing much-needed transparency for investors. Published in the reputable Vietnam Investment Review, this article is authored by DFDL Vietnam’s Partner and Co-Managing Director Hanh Tran, and Senior Legal Advisor 𝐍𝐠𝐮𝐲𝐞𝐧 𝐁𝐚𝐨 𝐍𝐠𝐨𝐜. It highlights key updates, such as criteria for projects qualifying for extensions, including delays caused by force majeure, and improved mechanisms for dispute resolution. These changes are set to boost investment confidence, enabling better project planning and long-term commitments in Vietnam’s thriving real estate sector. ➡️ Discover how these regulatory shifts could reshape opportunities for developers and investors in the PDF below or click here to access the article: https://lnkd.in/gy4Y5Y2E #Vietnamlandlaw #vietnam #vietnamrealestate #DFDL #VietnamInvestmentReview #Insights

[NEWS LEGAL UPDATE] People of Vietnamese Descent Residing Overseas are Officially Recognized as Land Users in Vietnam Land Law 2024 will officially take effect from 01/08/2024. Land Law 2024 has expanded the land use right for people of Vietnamese descent residing overseas. This is one of the outstanding changes in this law amendment. Specifically, Clause 6 Article 4 Land Law 2024 stipulates: “Article 4. Land users Land users who are allocated land, leased land, recognized for land use rights by the State; those who are using land stably and eligible for Certificate of land use rights, land-attached assets ownership but have not been granted these certificates; those who are transferred land use rights; those who sublease land according to this Law, including: [...] 6. People of Vietnamese descent residing overseas.” This change creates favorable conditions for people of Vietnamese descent residing overseas to invest, do business, work and live in Vietnam but it is unable to avoid arising legal risks in documents and administrative procedures, land use right transfer contracts,… 👉 To understand this new regulation better and avoid potential legal risks, please contact D.P.T Law Firm for specific advice. 👉 Contact Us ☎ / Zalo: +84 336662099 📧 info@dptlaw.vn 🌐 https://dptlaw.vn/ FB: https://lnkd.in/eFgeYEu2 #Landlaw #Vietnam #Landusers #DPT

Happy to have co-authored the Malaysia chapter of this Guide with Siaw Wan Lim, which is a useful tool to have basic understanding of the common topics/issues relating to construction contracts (and how to navigate through them) in the Malaysian market. Do have a read and feel free to approach us if you have any questions. #ChristopherLeeOng #CLO #RTA #LawyersWhoKnowAsia #RajahTann #ConstructionLaw #LegalInsights #IndustryGuide #Construction2024 #LegalAdvice #ConstructionIndustry #Projects

How should foreign investors adapt to Vietnam’s revised Land Law 2024? Tractus Vietnam's Consulting Manager, Duc Le, breaks down these complex reforms in his latest article, providing insights for investors to adapt and succeed. Read the full article below ⤵️ #Tractus #FDI #Vietnam #LandLaw #RealEstate #EconomicZones #IndustrialParks

There have been several significant updates to intellectual property legislation and regulations across the globe, including comprehensive changes to the IP fee schedule of Australia. For more information on how these changes may impact you or your clients, click here! https://lnkd.in/gvSyPMF #IntellectualProperty #IP #IPrights #patent #trademark #IndustrialDesign #design #GeographicalIndication #GI #IPOffice #Australia #Yemen #Ukraine #IPCoster

New legal framework in Vietnam's real estate sector, including Land Law, Housing Law, and Real Estate Business Law, set to take effect next month, expected to create opportunities for foreign investors. Positive changes anticipated to boost M&A market, with FDI in real estate sector increasing significantly in the first half of 2024. Foreign investors attracted to industrial and retail real estate projects, as well as residential projects in suburban areas meeting green and sustainable development criteria. Changes in regulations will make it easier for investors to compensate residents and clear land, leading to increased land prices and benefits for both land owners and investors. Land Law 2024 to offer more benefits for foreign investors in terms of receiving land use rights in industrial parks and clusters. # #Vietnam Follow us for daily updates on risk and operations in Asia! https://lnkd.in/gw_DKQ2W