Global Journal of Management and Business Research, B: Economics and Commerce, Volume 23 Issue 3

Dr. Doan Hong Nhung Author: University of Law, Viet Nam National University Ha Noi (VNU-UL). e-mail: doanhongnhungvnu@gmail.com Summary- Restate business is increasingly expanding and gradually meeting the diverse needs of customers with real estate needs. This expansion also creates fierce competition in the market not only in terms of price but also in quality. The real estate business environment has made great progress, creating a transparent and clear legal environment, thereby helping the real estate industry to make great strides. Along with the development of the real estate industry, more and more companies were established, new types of real estate business appeared, the Law on Real Estate Business began to have many limitations and inadequacies in the process. Adjust the law on real estate business conditions. Money laundering in real estate business should be prevented and prevented. The article studies the real estate business of foreign investors in accordance with Vietnamese law and proposes recommendations to improve the law on real estate business of foreign investors in Vietnam. Keywords: law, real estate business conditions, foreign investors. I. C ontent a) Foreign Investors when Implementing Real Estate Business Projects te building houses and construction works for business ac Conditions of organizations and individuals d accordance with the law on enterprises or cooperatives in accordance with the provisions of law. When conducting real estate business in Vietnam, foreign investors need to carry out procedures for granting Investment Registration Certificate and Business Registration Certificate in accordance with Vietnamese law. It can be understood that: Foreign investors' conditions for real estate business are those applicable to individuals with foreign nationality and the right to establish foreign-invested economic organizations; contribute capital, purchase shares, and contribute capital to Vietnamese economic organizations in accordance with Vietnamese law and are permitted to conduct real estate investment and business activities in Vietnam. b) Real Estate Business Conditions of Foreign Investors i. Special Investment Incentives and Support According to the 2020 Investment Law on A i d have an Major impacts on socio-economic development shall be decided by the Government and applied to the following subjects: − New investment projects (including the expansion of such newly established projects) of innovation centers, research and development centers with a total investment capital of 3,000 billion VND or more. currently disbursing at least VND 1,000 billion within 03 years from the date of issuance of the Investment Registration Certificate or approval of investment policies; The national innovation center was established under the Prime Minister's decision. − Investment projects in industries or trades with special investment incentives with an investment capital of VND 30,000 billion or more, disbursed at least VND 10,000 billion within 3 years from the date of issuance of the Certificate. Investment registration or approval of investment policy. Special investment incentives and support: The level of incentives and the duration of application of Real Estate Business of Foreign Investors under Vietnam Law cording to the right land use purposes. ch parks and economic zones, they may invest in oing real estate business must establish enterprises in oreign investors, when implementing real estate business projects in Vietnam, must comply with the provisions of the Law on Investment, the Law on Real Estate Business, the Law on Housing and other relevant laws. Foreign investors who want to carry out r foreign- contribution, purchase of shares or capital contribution to a Vietnamese economic organization. Accordingly, the scope of real estate business of foreign investors is somewhat more limited than that of other entities. Regulations on the form of real estate business of foreign-invested enterprises include: Renting houses and construction works for sublease; For land leased by the State, it is allowed to invest in the construction of houses for lease; Investing in the construction of houses and construction works other than houses for sale, lease, or lease-purchase; Receive transfer of the whole or part of real estate project of the investor to build houses, construction works for sale, lease, lease purchase; [1] For land allocated by the State, it is allowed to invest in the construction of houses for sale, lease, or lease-purchase. For leased land in industrial parks, industrial clusters, export processing zones, hi- F invested economic organizations; capital eal estate business projects in Vietnam must establish ncentives and support aims to encourage the sp in ecial investment incentives and support policies rticle 20, the application of special investment evelopment of a number of investment projects that 27 Global Journal of Management and Business Research Volume XXIII Issue III Version I Year 2023 ( ) B © 2023 Global Journals