RESOLUTION 18 – NQ/TW ISSUED ON JUNE 16, 2022

Eliminate land price brackets and establish land prices according to market principles

Land allocation and land leasing primarily conducted through auctions of land use rights and competitive bidding for projects utilizing land

Religious establishments using land for other purposes must pay land rent in accordance with applicable regulations

Enhanced tax assessments for individuals holding multiple real estate properties

Individuals whose land is recovered shall receive compensation and resettlement support as defined by specific regulations

Expanded eligibility criteria and limits for receiving agricultural land use transfer rights. New regulations governing land use for aerial structures, submerged works, and land formed through sea reclamation activities

Decree 44/2022/ND-CP

Article 18 of Decree 44 requires real estate project investors to provide information and data regarding projects, products, transaction terms, and real estate transactions to the Department of Construction according to prescribed reporting periods and formats

Declared project information, data, and real estate structure details must be submitted prior to the commencement notice or before receiving a construction permit

Decree 65/2022/ND-CP ISSUED ON SEPTEMBER 16, 2022

Enhanced professional investor standards; improved information transparency and investor protections; stricter requirements on offering documents and issuance methods; mandatory credit rating in specified cases

Increased investor responsibility when purchasing corporate bonds, including: mandatory review of disclosed information with signed confirmation of receipt; comprehensive understanding of applicable regulations and acceptance of investment risks associated with corporate bonds