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Legal Update Newsletter June 2018

Our Part I of this Legal Newsletter introduces the legal article titled “Transfer of residential housing sale contracts – why do the parties at all times put difficulties in each other’s way?”, posted in The Sai Gon Times on 3 May 2018, written by Lawyer Nguyen Van Quynh. In this article, the author mentioned the present inadequacies when transferring residential housing sale contracts to foreigners, due to the different interpretations of the legal provisions. Citing article 76.2 of the Decree 99/2015/ND-CP guiding the implementation of the law on housing, the author puts forward their objective legal opinion in favour of allowing foreigners to receive the transfer of residential housing sale contracts for such transactions as consistent with both regulatory and market needs.

In Part II, we would like to provide you with some remarkable regulations as follows:

  1. Amending and supplementing a number of provisions on promotion
  2. Amending regulations on foreign cooperation and investment in education
  3. New decree guiding the business of gas

Apart from the above, as usual, our Part III will provide you with a selected list of new regulations issued in June 2018 for your further reference.

We hope that this Newsletter is of use to you. Should you have any questions, please feel free to contact us.

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