Vietnam: Proposed changes to rules governing real estate transactions

Guidelines regarding the law on real estate transactions

Guidelines regarding the law on real estate transactions

A draft decree would provide updated guidelines regarding the law on real estate transactions.

Measures in the draft decree would:

  • Supplement the definitions of terms such as “real estate”, “real estate project”, “transfer of the whole real estate project”, “transfer of a part of real estate project”, “transfer of contract regarding purchase, lease purchase of houses, construction works”
  • Modify the conditions applicable for real estate enterprises such as revising the statutory capital requirement
  • Distinguish between small real estate transactions and “irregular” real estate transactions
  • Separate situations of transactions to be governed by the real estate transaction law and the law on investment

Read a November 2021 report [PDF 179 KB] prepared by the KPMG member firm in Vietnam


The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.