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How investors can win the homestay race

How investors can win the homestay race

When investing in homestay properties has emerged as a new trend, investors ought to take into account a number of factors to maximise their profit in the long term.

Second home tax not imposed yet

Head of the Finance Ministry's Tax Policy Department Pham Dinh Thi affirmed that the Ministry of Finance has not announced any taxes on the second home.

Faults of Discovery Complex II building echoed

Le Truc Garment Joint-Stock Company, investor of Discovery Complex II building (located on No. 8B Le Truc, Ba Dinh district, Hanoi) has accused Ha Noi city’s competent authorities of breaking the commitment and doing illegal retroaction of the project.

Scarcity of 'clean' land restricts foreign investors to pour capital into real estate market

The completion of relevant procedures relevant to compensation and land clearance, payment of land use levy and land use rights remains stagnant in deadlocks which have constrained “clean” land plots on delivery to foreign investors affecting inflow of capital into the local real estate market.

Daewoo’s super real estate project in Vietnam worth US$30 billion “dies prematurely”

A 7,500 hectare project worth US$30-40 billion in southern Hanoi which was planned by Daewoo years ago is facing a "premature death".

Dragon Riverside City kicked off the groundbreaking ceremony

On August 19, 2017, Phu Long Real Estate Co., Ltd (Phu Long Real Estate) and Saigon Vina Land Joint-Stock Company (Land Saigon) jointly conducted the groundbreaking of Dragon Riverside City at 628-630, Vo Van Kiet street, District 5, Ho Chi Minh city (HCMC).

Japanese, Thai and Chinese investors soaring up real estate projects in Viet Nam

Giant groups from Japan, China, Thailand,… continue planning to make large investments in real estate projects in Viet Nam

VAT increase may hike up real estate prices impacting tremendously businesses

The proposal for the two-percent VAT increase from January 1st, 2019 of the Ministry of Finance (MoF) may lead to a rise in real estate prices, which tremendously affects the economy, businesses and the daily life of the people.

An exclusive privilege drafted on offer to foreign investors in Phu Quoc

Foreign investors to be granted permanent residence cards is one of proposals just submitted to the Government to aim at attracting investment capital, foreign talented business people and high-profile experts to Phu Quoc special economic zone in the future.

"Forbidden lands' remain existent to foreign home-ownership in Vietnam

Several real estate enterprises have been expecting to sell houses to foreigners since the amended 2014 Housing Law came into effect; however, so far, this expectation remains beyond a reach because of unresolved restrictions.

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