Sep 21, 2015
The first is the decree guiding the law of real estate business (Decree No. 76/2015/ND-CP dated 10 September 2015). Some of the key guidelines include: – confirmation that (except for a few exceptions) the minimum capital to set up a real estate business...
Sep 3, 2015
1. What is VAMC? VAMC is a 100% State-owned company, established by the SBV in July 2013. VAMC’s role is to take NPLs off the balance sheets of banks and in exchange the banks will receive special interest-free VAMC bonds with tenors of up to 5 years with a face...
Sep 1, 2015
Although both of these key pieces of legislation became valid on 1 July of this year, actual implementation has been delayed, as the guiding laws have not yet been issued. The Government resolution sets out clear deadlines (discussed below) for when such guidelines...
Aug 25, 2015
The circular will become valid on 1 October of this year. You will recall our last update on the removal of the foreign ownership cap on public companies (listed or unlisted). This circular provides guidance on how this is to be carried out. The circular governs all...
Aug 20, 2015
How awesome that two of our favourite clients were big winners last week: Best Developer and Best Luxury Condo Development (HCMC) and Best Condo Development. So privileged to be working with the best on all aspects of their projects from development to financing....