Hanoi to grant land use right certificates to foreigners
The Hanoi People’s Committee has agreed to grant certificates of
land-use rights and house ownership, known in Vietnam as a “red
book”, to overseas Vietnamese and foreign home buyers.
The Hanoi People’s Committee has agreed to grant certificates of
land-use rights and house ownership, known in Vietnam as a “red
book”, to overseas Vietnamese and foreign home buyers.
As of May 4 this year, eligible home buyers who meet all the necessary requirements will be able to obtain a red book to certify their home ownership and land-use rights. They can own the property for no more than 50 years.
Within 12 months of the ownership certificate expiring, foreign home-owners must sell or donate their property. A foreigner is permitted to own one property only.-VNA
As of May 4 this year, eligible home buyers who meet all the necessary requirements will be able to obtain a red book to certify their home ownership and land-use rights. They can own the property for no more than 50 years.
Within 12 months of the ownership certificate expiring, foreign home-owners must sell or donate their property. A foreigner is permitted to own one property only.-VNA
You should also see
InfographicADB maintains 2024 economic growth forecast for Vietnam
In its April 2024 Asian Development Outlook (ADO) report, the Asian Development Bank (ADB) has maintained its earlier forecast for Vietnam’s economic growth this year, despite ongoing uncertainties from the external environment. Vietnam’s economy is expected to achieve a growth rate of 6.0% in 2024 and 6.2% in 2025.
See more
Videos
VNA launches special news website on Dien Bien Phu Victory
On April 19, the Vietnam News Agency (VNA) officially launched a special news website on the Dien Bien Phu Victory.
Society
VNA marks 70th anniversary of Dien Bien Phu Victory with various activities
The Vietnam News Agency (VNA) hosted an array of activities to celebrate the 70th anniversary of the Dien Bien Phu Victory (May 7, 1954 - 2024).
Society
Hanoi’s virtual monthly passes help commuters travel with ease
Hanoi’s virtual monthly passes for public transport have been on offer for almost one month now, making travel more convenient for the city's commuters, reported the Hanoi Public Transport Management Centre.
Society
Overseas Vietnamese in Russia commemorate Hung Kings
Overseas Vietnamese in Russia on April 18 held a ceremony in Moscow to mark the death anniversary of Hung Kings, the legendary nation founders.
Society
Amended Land Law - breath of fresh air blown into real estate market: lawyer
The amended Land Law, approved by the National Assembly in January 2024, is expected to exert impacts on the business activities of overseas Vietnamese (OVs), including those in Australia., said a lawyer.
