Law On Construction Vietnam In Montgomery
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In the development stage, the 2023 Real Estate Business Law requires that before sales begin, the developer must disclose complete and accurate information about the project. Regarding project timelines, the 2024 Land Law imposes additional taxes for projects that do not put land into use or show a delay in land use.
Private ownership of land is not permitted in Vietnam and the people hold all ownership rights with the State as the administrator. However, the laws of Vietnam allow ownership of a right to use land. This right is called the Land Use Right (“LUR”).
In Vietnam, land belongs to the ownership of the entire people. Land does not belong to the ownership of any legal or natural person, including the State. The State is merely the representative owner, responsible for the unified management of land. Therefore, the concept of land ownership does not exist in Vietnam.
Construction Law No. 50/2014/QH13. This Law, consisting of 168 articles divided into ten Chapters, prescribes the rights, obligations and responsibilities of agencies, organizations and individuals and the state management in construction investment activities.
“The 2024 Land Law addresses five key areas: protecting land users' rights, ensuring market transparency and fairness, improving land use efficiency, updating land finance policies and enhancing State management,” he said.
Ing to the Law on Post 2010, written contracts for providing and using postal services must be made in Vietnamese; if the parties agree to use another language, the document in Vietnamese and the document in another language have the same legal value.
Vietnam's Minister of Construction Nguyen Thanh Nghi and Cuba's Minister of Agriculture Ydael Jesus Perez Brito discussed strengthening collaboration in rice production at a meeting in Hanoi on December 9.
Vietnam Building Code on Regional and Urban Planning-and Rural Residential Planning consists of regulations which must be complied with in the process ofelaboration, evaluation and approval of construction plans; serves as a legal ground fur managementuf the promulgation and application of construction planning ...