Asia Newsletter

Vietnam: Notable Implications of Decree 148 on The Law on Land

Asia Newsletter

Since the effective date of the Law on Land 2013 (1 July 2014), Vietnamese authorities have issued 13 decrees and 48 circulars and joint circulars for the purpose of enhancing its practical implementation. However, after more than six years, many difficult issues remain unresolved.In an effort to overcome such obstacles, the government of Vietnam recently issued Decree No. 148/2020/ND-CP dated 18 December 2020 (Amendments and Supplements to Several Decrees, Providing Detailed Regulations on Implementation of the Law on Land) (“Decree 148”), which came into effect on 8 February 2021.  We discuss below some notable points of Decree 148. Under the Law on Residential Housing, investor selection for commercial residential housing projects occurs through an approval process established under the Law...To read the full article, please see the PDF file

*This article is also available in Japanese.

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