National Focus

CEO Group chairman unveils guide to Vietnam real estate for foreigners

By Ha Linh November 16, 2024 | 10:23 AM GMT+7

Doan Van Binh, Chairman of CEO Group and Vice President of the Vietnam National Real Estate Association, introduced his latest book, “Vietnam Real Estate for Foreigners,” at a launch event in Hanoi on Friday.

Published by the National Political Publishing House, the Vietnamese-English bilingual book provides a comprehensive overview of Vietnam’s real estate market for international investors.

It includes details on legal regulations under the updated Land Law, the Housing Law and the Real Estate Business Law, and outlines procedures for buying, leasing, and investing in various property types, from residential to industrial real estate.

Binh described the book as a tool to welcome foreign investment and promote the country’s economic potential, urging readers to explore opportunities in Vietnam.

“Vietnam is a beautiful country with tremendous development potential in the New Era – an era of national resurgence. Through this book, we extend an invitation to international friends to come to Vietnam to explore, work and invest," he said.

According to the National Political Publishing House, in the context of international integration, the demand for overseas asset ownership is rising and Vietnam is becoming an attractive destination for investors thanks to its stable political environment, impressive economic growth, modern infrastructure, and young, dynamic population.

Binh's book aims to provide foreign investors with a convenient guide to navigating the legal regulations and investment opportunities in Vietnam's real estate market.

CEO Group Chairman Binh presented the newly released book to guests at the launch event. Photo: CEO

Dr. Nguyen Van Khoi, President of the Vietnam National Real Estate Association (VNREA), praised the book as an essential resource for international investors interested in the Vietnamese property market.

Khoi stated that the book provides in-depth guidance on buying, leasing, and investing in Vietnam real estate, aiming to streamline market access for foreigners. He described the publication as a valuable tool not only for foreign investors but also for Vietnamese enterprises seeking to collaborate with international partners.

In light of recent reforms in Vietnam's land, housing, and real estate business laws, Khoi noted that the book serves as a timely roadmap to navigate the new regulatory landscape. The book combines legal insights, business practices and an international perspective, reflecting the expertise of the VNREA vice president in charge of foreign affairs.

“This book is a meaningful contribution to the real estate sector and a bridge connecting Vietnam’s property market with the world, enhancing our nation's image globally,” Khoi said.

Jeff Foo, former President of Institute of Estate Agents, Singapore, founding member of ASEAN Real Estate Network Alliance stated: “I found the contents very easy to understand and useful information for sharing with my students about the Vietnam real estate market.

Binh has so far written six books covering real estate and tourism and over the past two years he has donated copies of his books to all 63 provinces and cities, the National Library and 44 universities across the country, as well as to international libraries, partners and friends.

At the book launch event, Binh donated VND200 million VND to the Fund for Bright Future and pledged that proceeds from the book will support the fund, which aids cancer patients across Vietnam.

Professor Dr. Le Van Quang, Vice President of the Bright Tomorrow Fund for Cancer Patients, expressed gratitude to Binh for his charitable contributions, noting that the fund has supported over 34,500 cancer patients, conducted screenings for 79,000 people, and provided free medication for 1,400 patients in need.

Women leading the charge in Vietnam's green transition

Women leading the charge in Vietnam's green transition

National Focus -  3 week

Acting for increased women’s participation and leadership in climate action, Vietnam can accelerate a transition that is more inclusive, just, and impactful.

Steam for girls: A journey of passionate and creative girls

Steam for girls: A journey of passionate and creative girls

National Focus -  1 month

The "Steam for girls 2024" competition provides a creative platform for Steam and an opportunity for students to connect with peers from various regions within Vietnam and internationally.

Politburo backs North-South high-speed railway proposal

Politburo backs North-South high-speed railway proposal

National Focus -  1 month

The Politburo on Wednesday supported a plan to invest in a high-speed railway along the country’s North-South axis, marking a crucial step for the multi-billion-dollar project aimed at boosting economic growth and infrastructure development.

Ho Chi Minh City inaugurates Japan-funded wastewater treatment plant

Ho Chi Minh City inaugurates Japan-funded wastewater treatment plant

National Focus -  2 month

Ho Chi Minh City has inaugurated the expanded Binh Hung wastewater treatment plant, now the largest facility of its kind in Vietnam.

Electric vehicle market faces growth hurdles

Electric vehicle market faces growth hurdles

National Focus -  2 month

Vietnam's electric vehicle market, holding just 15 per cent of the automotive market share, shows promise but faces significant challenges in scaling up due to infrastructure and regulatory obstacles.

Vietnam halves registration fees for locally produced cars

Vietnam halves registration fees for locally produced cars

National Focus -  2 month

The reduction aims to boost consumer spending for three months.