VIE GVT Credit Institutions, Real Estate


On May 27, VIE GVT issued resolution in order to amend existing laws.


  • VIE GVT issued resolution for amending and supplementing certain articles of existing laws related to land, housing, real estate business, as well as credit institutions.
  • Follows VIE PRL Feb. 2024 approved the draft law on credit institutions, see #201687.
  • Document dated May 27, 2024, received from VIE GVT May 28, summarized May 30.
  • Resolution
  • Originates from Ministry of Natural Resources and Environment, aims to amend laws such as Land law, Housing law, Real estate business law, Law on credit institutions.
  • VIE GVT approves proposal to draft amendments, supplements to the mentioned laws.
  • Proposed amendments are to be included in 2024 law and ordinance making program.
  • The exact nature of the amendments are not noted in the document.
  • Jun. 2024 Amendments
  • On Jun. 9, 2024, VIE GVT issued resolution focusing on amending and supplementing laws related to land, housing, real estate business, as well as credit institutions.
  • Approved amendments, additions proposed by Ministry of Natural Resources and Environment, including effective dates for amended laws starting from Aug. 1, 2024.
  • In Jul. 2024, VIE GVT proposed to revise law on real estate business, see #218122.

Regulators VIE GVT
Entity Types Corp
Reference Res 84/NQ-CP, 6/9/2024; Res 79/NQ-CP, 5/27/2024; 32/2024/QH15, 22/2023/QH15, 27/2023/QH15, 31/2024/QH15;
Functions Compliance; Legal
Countries Vietnam
Category
State
Products Corporate
Regions AP
Rule Type Final
Rule Date 5/27/2024
Effective Date 8/1/2024
Rule Id 213707
Linked to Rule :201687
Reg. Last Update 6/9/2024
Report Section International

Last substantive update on 06/13/2024