Amending inappropriate regulations key to restoring real estate market
Vietnam’s real estate market has struggled with many bottlenecks over the past two years, sharply impacting businesses and investors. Legal issues count among the greatest bottlenecks facing the market. According to analysts, focus is needed on resolving projects facing legal problems by amending regulations regarding laws, decrees, and circulars that are no longer appropriate. The government, ministries, and branches have recently issued a number of mechanisms and policies that have a direct and indirect impact on the real estate sector.