Law On Construction Vietnam In Palm Beach
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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.
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.
“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.
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.
Vietnam's legal system is based on communist legal theory and French civil law. There is a four-tier system of Peoples Courts. Party committees screen the nomination and selection of judges.
Since 2009, as the first country in Southeast Asia, Vietnam has decriminalised drug use, and no more imprisonment applies to PWUD (article 199) and abolishing capital punishment for organising use of illegal narcotics (article 197).
Freedom of association, freedom of speech, freedom of the press, and the right to a healthy environment are severely restricted. Citizens critical of the Vietnamese government or who discuss certain topics deemed "unacceptable" by the CPV are often subject to intimidation and imprisonment.
Law of Vietnam is based on communist legal theory and French civil law. In 1981 major reforms were made to the judicial and legal system. New laws introduced since: Penal Code 1912.
