Lotus Cam Ranh project must pay additonal land costs
Property

Lotus Cam Ranh project must pay additonal land costs

After reviewing an appraisal from the Provincial Land Price Appraisal Council, the Khanh Hoa Provincial People’s Committee has determined that due to adjusted land use fees and land rentals, the total additional amount the investor of The Lotus Cam Ranh project must pay is VND354 billion ($15.5 million).
Property

Recommendations made for problems facing real estate

At the “Land Law - Housing Law - Law on Real Estate Business, for housing development and the real estate market” conference discussing amendments, analysts said that there are still many obstacles and inadequacies in these laws that will make it difficult for the real estate market to recover from Covid-19. Analysts suggested that there be solutions introduced to overcome this situation in the near future to develop Vietnam’s real estate market.
Property

Land fever taking hold around Vietnam

The impact of Covid-19, inflation, and the Russia-Ukraine conflict are among the key factors behind investor cash flows seeking shelter in real estate. Many localities have also begun to focus on developing industrial parks to attract FDI and at the same time invest in tourism development to quickly recover their real estate industries post-pandemic. Such expectations have led investors to focus on acquiring land funds.