Foreign individuals, organisations allowed to build houses for sales

06:07, 02/07/2007

Foreign individuals and organisations are allowed to build houses for sales in addition to providing real estate services in line with Viet Nam s Law on Real Estates Business.

Foreign individuals and organisations are allowed to build houses for sales in addition to providing real estate services in line with Viet Nam s Law on Real Estates Business.

 

The policy was confirmed by the Ministry of Construction, which is authorised to oversee real estate-related activities.

 

In spite of allowed involvement in housing construction, foreign individuals and organisations have not been entitled to purchase house yet, according to the ministry.

(Source: VNA)