Discussions held on decree for sea encroachment
Property

Discussions held on decree for sea encroachment

The Office of the Government released a conclusion from Deputy Prime Minister Le Van Thanh at a meeting on developing a draft decree regulating sea encroachment. The conclusion emphasized paying due regard to feasibility when determining land use fees, and land rents, while ensuring there is no loss to the State budget and that measures are not contrary to laws and regulations.
Property

Luxury real estate: An investment channel of potential

According to industry experts, luxury apartments will continue to be a segment of potential in Vietnam’s real estate market. Given the impact of Covid-19, living spaces with low apartment density, focusing on the safety of residents, have become greatly appreciated. Luxury real estate also has sustainable added value. In terms of reselling, properties with commercial centers and shophouses will fare better than other products. Luxury apartments in key locations with privacy and full amenities are also favored by Vietnam’s middle class.