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Q&A - Foreign Investment

We would like to know about how the condominium is managed when it comes into operation?

Question:

Our company has just completed the construction of a condominium and sale of apartments. We would like to know about how the condominium is managed when it comes into operation?

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What are the procedure that I have to take and how much is the registration fees that I have to pay?

Question:

I am intending to buy a part of a plot of land from a relative in Hanoi. He have been granted the land use right certificate for the whole plot of land. I am registering the permanent residence in Ho Chi Minh City. If I buy it, could I be granted the land use right certificate? What are the procedure that I have to take and how much is the registration fees that I have to pay?

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Could you let us know the method for determining land rent rate? Is there any difference in the method for determining land rent rate if we sign the land lease contract in 2010?

Question:

We have just been granted the investment certificate for setting up a 100% foreign owned company. We wish to lease land from the State with lump sum rent payment for implementation of our project and are now carrying out the procedure for signing land lease contract. Could you let us know the method for determining land rent rate? Is there any difference in the method for determining land rent rate if we sign the land lease contract in 2010?

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Could you tell me the main distinctive features of the industrial complexes under the recent regulation?

Question:

In addition to industrial zone, we know that there are many industrial complexes in Vietnam. We have heard that a regulation on industrial complexes had just been promulgated. Could you tell me the main distinctive features of the industrial complexes under the recent regulation?

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Could you tell me more about the regulations on foreign company’s purchase of house in Vietnam.

Question:

We are a US-based holding company having a representative office in Vietnam. We are considering some options of housing for our personnel in Vietnam. We knew that the foreigners are recently entitled to buy a house in Vietnam. Is our current representative office entitled to buy house in Vietnam for our personnel? Could you tell me more about the regulations on foreign company’s purchase of house in Vietnam.

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