Vietnam creates favourable conditions for foreigners and overseas Vietnamese to buy house
In Ho Chi Minh city, on September 14th, a conference on unknotting for foreigners and overseas Vietnamese to buy house in Vietnam was held by Thanh Nien Newspaper.
To create conditions for foreigner and overseas Vietnamese to buy house in Vietnam, experts at the conference said that the Ministry of Construction should quickly finalize and then submit to the Government for approval of decrees and instructions on implementation of the Housing Law. Localities should strengthen administrative reform, provide public and transparent information about projects, the number of apartments, conditions to buy house for customers, who are foreigners and overseas Vietnamese.
![]() |
"In term of finance, foreign exchange management has instructions promulgated by the State Bank of Vietnam. However, to implement the Housing Law in 2014, we need to have more specific instructions on putting capital into Vietnam and disinvestment to foreign countries. There are clear regulations, expatriates and foreign investors feel secure that their investment is legitimate, appropriate with the policies of Vietnam," said Mr. Tran Hoa Phuong, Deputy Head of the Ho Chi Minh city Committee for Overseas Vietnamese.
Currently, there are over 80,000 foreigners living and working in Vietnam, and tens of thousands of overseas Vietnamese regularly return the homeland every year. This is a huge potential for the real estate business in the nation./.
( VNF )
Most read
![Thank-you Message of State Funeral Board, Family of General Secretary Nguyen Phu Trong](https://vietnamtimes.org.vn/stores/news_dataimages/2024/072024/27/08/a7e434b690062e74ad0f2fe9152017b6.jpg?rt=20240727084830)
Thank-you Message of State Funeral Board, Family of General Secretary Nguyen Phu Trong
![Hundreds of People's Organizations Worldwide Sent Condolences over General Secretary Nguyen Phu Trong Passing](https://vietnamtimes.org.vn/stores/news_dataimages/2024/072024/26/23/12a4e0edf3f2e56480322a035fd56d32.jpg?rt=20240726232053)
Hundreds of People's Organizations Worldwide Sent Condolences over General Secretary Nguyen Phu Trong Passing
In topics
![A Japanese decides to retire early to visit Vietnam 10 times a year to unknown areas](https://vietnamtimes.org.vn/stores/news_dataimages/thuyhangvnt/122020/14/15/5026_jap.png?rt=20201214155027)
A Japanese decides to retire early to visit Vietnam 10 times a year to unknown areas
Recommended
![Thank-you Message of State Funeral Board, Family of General Secretary Nguyen Phu Trong](https://vietnamtimes.org.vn/stores/news_dataimages/2024/072024/27/08/a7e434b690062e74ad0f2fe9152017b6.jpg?rt=20240727084830)
Thank-you Message of State Funeral Board, Family of General Secretary Nguyen Phu Trong
![Hundreds of People's Organizations Worldwide Sent Condolences over General Secretary Nguyen Phu Trong Passing](https://vietnamtimes.org.vn/stores/news_dataimages/2024/072024/26/23/12a4e0edf3f2e56480322a035fd56d32.jpg?rt=20240726232053)
Hundreds of People's Organizations Worldwide Sent Condolences over General Secretary Nguyen Phu Trong Passing
![Party General Secretary laid to rest at Hanoi's Mai Dich Cemetery](https://vietnamtimes.org.vn/stores/news_dataimages/2024/072024/27/08/365276d60d1082d697304a70b111fd0f.jpg?rt=20240727085716)
Party General Secretary laid to rest at Hanoi's Mai Dich Cemetery
![Vietnam News Today (Jul. 27): Prime Minister Hosts Reception For Thai Counterpart's Special Envoy](https://vietnamtimes.org.vn/stores/news_dataimages/2024/072024/27/07/fb3adadb7fd0291cf5840017dc183728.jpg?rt=20240727075324)
Vietnam News Today (Jul. 27): Prime Minister Hosts Reception For Thai Counterpart's Special Envoy
Popular article
![Burial Ceremony for Party General Secretary Nguyen Phu Trong](https://vietnamtimes.org.vn/stores/news_dataimages/2024/072024/26/16/8c57cb6512f13fa91cf67ca529e9f21e.jpg?rt=20240726161627)
Burial Ceremony for Party General Secretary Nguyen Phu Trong
![Party & State Leaders Pay Tribute to General Secretary Nguyen Phu Trong](https://vietnamtimes.org.vn/stores/news_dataimages/2024/072024/25/10/c2dbe3367f118cc271d49dda725431e3.jpg?rt=20240725105130)
Party & State Leaders Pay Tribute to General Secretary Nguyen Phu Trong
![Buddhist monks, nuns, followers pay tribute to Party chief](https://vietnamtimes.org.vn/stores/news_dataimages/2024/072024/25/08/da8a9c92a2b8eece3c213235c127f28c.jpg?rt=20240725080141)
Buddhist monks, nuns, followers pay tribute to Party chief
![Flag at Half-mast for National Mourning of General Secretary Nguyen Phu Trong at Ba Dinh Square](https://vietnamtimes.org.vn/stores/news_dataimages/2024/072024/25/07/6a93a3ec1cc06a567d3a313fbefe48f8.jpg?rt=20240725074017)