Vietnam News Network

Vietnam News: Local, National, Business, Sport, Entertainment and Technology

Trade XRPUSD, Bitcoin and Cryptocurrencies

BUY & SELL XRPUSD | View XRPUSD News & Updates

Buy Sell XRPUSD, Bitcoin and Cryptocurrencies

Single Title Document For Land, Built Property   2009-10-24 - Thanh Nien


Vietnam will begin to issue a single title for both land and house in December.

Under a new decree, the government will issue a new document that covers both the land use right and ownership of the house as well as other properties on it.


Vietnam does not allow formal land ownership but grants land use rights only.


The decree, which takes effect on December 10, says the new document will be issued no more than 50 days after an application is filed.


Since October 2006, owners of properties have been required to have two different titles, one recognizing their land use rights and the other for ownership of built property. The two-title system had created a lot of paperwork problems for local residents.


Land and house titles granted before December 10 will have the same legal status as the new single title.


Since 1994, a single ownership document was in use before the change introduced in 2006.

Other news

Tax changes to lift foreign contractors   2009-10-24

Fuel prices rise VND300-700 a liter   2009-10-24

BUSINESS IN BRIEF 24/10   2009-10-24

Fuel prices rise VND300-700 a liter   2009-10-24

Local firms prepare strategies for Middle East   2009-10-24

Shipping lines demand road repairs to connect port with highway   2009-10-24

Businesses call for government to allow casino expansion   2009-10-24

Banks Ending Loans To Property Investors   2009-10-24

Vietnam’s lack of dollars causes problems   2009-10-23

BUSINESS IN BRIEF 23/10   2009-10-23

October sees slight CPI increase   2009-10-23

Shopping centres aiming to expand networks   2009-10-23

Trading with China – keeping up with the neighbours   2009-10-23

Animal feed prices face regulation   2009-10-23