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A legal picture of new type real estate products-Condotel/Officetel in Vietnam-

In recent years, Vietnam’s real estate market has seen a significant downturn. Many expect that a pending multi-level legal regulation overhaul will help overcome certain hindrances, improve land use efficiency, and secure land users’ legitimate rights and interests, while improving market transparency and reliability. This newsletter’s focus is on the legal framework of ownership involving new types of real estate products, including tourism real estate and officetels (collectively “Hybrid Real Estate Products"). In the past few years, Hybrid Real Estate Products, such as condotels, tourism villas, and officetels, to name a few, have become more popular throughout Vietnam. Hybrid Real Estate Products focused on tourism were often developed in coastal areas, such as Quang Ninh, Nha Trang,...To read the full article, please see the PDF file

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大矢 和秀

Kazuhide OHYA

  • Partner
  • Tokyo Hanoi / Ho Chi Minh City

Stationed in Singapore in 2010 and in Vietnam since 2013, and supported foreign investors in their investments and business development in South East Asia. Provided legal advice on various projects including the following: • M&A deals • infrastructure development projects including smart city, road, and railway • natural resources and energy projects including renewable energy projects • real-estate development projects including residential housing, commercial/logistics, offices, hospitality properties, complex buildings Kazuhide has also advised foreign invested companies in South East Asia in various areas, such as labor, trade, information security, digital regulations, crisis management, and compliance.


CAO Tran Nghia

  • Counsel
  • Hanoi / Ho Chi Minh City

Cao Tran Nghia has substantial experience as both in-house and outside counsel, and has worked at a leading law firm and a multinational investment fund in Vietnam. He joined Nishimura & Asahi in 2013, and since joining our firm, has provided legal advice to numerous domestic and multinational clients, including Vietnamese and Japanese corporations, with a focus on M&A, Real Estate, Construction, Infrastructure and PPP, and Energy in Vietnam. He works closely with clients’ business and legal teams to implement innovative solutions to legal challenges. He is a contributor to a number of legal magazines, and has co-authored several articles and publications on various topics.