On 29 June 2024, the National Assembly of Vietnam decided to change the effective date of the new Land Law No. 31/2024/QH15 (“New Land Law”) to 1 August 2024 (save for certain clauses). This change represents an acceleration by five months compared to the original date (i.e., 1 January 2025) and is accompanied by equivalent changes to the timelines for the new law on real estate business (“New LOREB”) and the new law on housing ("New LOH”). We hope this decision leads to speedy breakthroughs for projects deadlocked by regulatory hurdles under the current Land Law No. 45/2013/QH13 (“Current Land Law”) and saves business sector participants suffering under the stagnation of Vietnam’s real estate sector. This Newsletter introduces several material...To read the full article, please see the PDF file
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Asia Newsletter
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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.