Better infrastructure and revitalized urban areas are tipped to drive growth in housing demand in Vietnam’s major cities, especially where public transport offers convenience.
According to current regulations, foreign organizations and individuals are allowed to own up to 30 percent of the apartments in a condominium building. For individual houses, foreigners can own no more than 250 units in an area with a population equivalent to a ward.
A number of amendments are contained within the draft revised Law on Housing, including rules on homeownership by foreign organizations and individuals.
This new grant will not only contribute to ensuring safety and improving education quality but also support localities in achieving sustainable development goals.
At least two or three networks of such centers will be formed in the northern, central, and southern regions of the country to provide talents in the fields of Artificial Intelligence, semiconductor industry, and biotechnology.