- Asia
Vietnam : Notable Aspects of Recently Passed Law on Housing and Law on Real Estate Business
On 27 and 28 November 2023, after more than a year of extensive preparation and development, the new Law on Housing (“New LOH”) and new Law on Real Estate Business (“New LOREB”), finally were adopted by the National Assembly; both laws will take effect on 1 January 2025. The Law on Land was not adopted during last session of the National Assembly as originally scheduled due to unsettled discussions on certain points, but it might be adopted soon during the interim session of the National Assembly in January 2024. We need to continue watching the amendment to the Law on Land, because the New LOH and New LOREB may be revised if the amended Law on Land contains any provisions...To read the full article, please see the PDF file
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Cao Tran Nghia has substantial experience as both in-house and outside counsel, and has worked at a leading law firm and a multinational investment fund in Vietnam. He joined Nishimura & Asahi in 2013, and since joining our firm, has provided legal advice to numerous domestic and multinational clients, including Vietnamese and Japanese corporations, with a focus on M&A, Real Estate, Construction, Infrastructure and PPP, and Energy in Vietnam. He works closely with clients’ business and legal teams to implement innovative solutions to legal challenges. He is a contributor to a number of legal magazines, and has co-authored several articles and publications on various topics.
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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.