SOME NEW POINTS OF LAND LAW 2024, HOUSING LAW & REAL ESTATE LAW 2023 RELATED TO PROJECT DEVELOPMENT & M&A

The Real Estate Market is always subject to fluctuations along with changes in financial and legal policies. In WeReport Legal & Financial Newsletter No. 4, we send our partners perspectives and analysis from WeLand's leading experts on the following issues:

The Land Law 2024 was passed by the National Assembly at the 5th Extraordinary Session, XV National Assembly. The new law, consisting of 16 chapters, 260 articles, is effective from January 1, 2025, except for regulations on marine encroachment activities (Article 190) and provisions to amend certain articles of the Forestry Law (Article 248) to enter into force earlier, from April 1, 2024.

Becoming a frequent destination for fun, rest, relaxation of the inhabitants of the region will be the lever for the project to promote future business potential.