Vietnam: Guidance on real estate reporting

Rules governing real estate businesses and the associated investment activities and land issues

Rules governing real estate businesses and the associated investment activities and land i

The government of Vietnam released guidance—Decree No. 02/2022/ND-CP (6 January 2022)—regarding the rules governing real estate businesses and the associated investment activities and land issues.

The guidance enhances certain statutory conditions aimed at increasing information integrity in the real estate sector. For instance, entities that are real estate businesses will have to comply with certain public disclosure requirements within six months (no later than 1 September 2022).

The guidance also removes a minimum legal capital requirement of VND 20 billion and includes an equity ratio requirement for real estate business investors based on land usage area.

Read a February 2022 report [PDF 157 KB] prepared by the KPMG member firm in Vietnam

 

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