Longer Lease Terms For Foreign Investors In Vietnam.

11 October, 2017

 

Featuring in the August 14-20 edition of the Vietnam Investment Review, David Lim discussed the potential implications of a change in government policy regarding an extension of land leasehold terms for foreign investors in Vietnam’s Special Administrative Economic Zones.

 

Vietnam’s Minister of Planning and Investment Nguyen Chi Dung told attendees at the M&A 2017 Forum that the Ministry is compiling a draft Law on Special Administrative Economic Zones under which foreign investors could have land leaseholds of up to 99 years for relevant properties.

 

David explains, “This would make Vietnam a more competitive market in the region compared with neighbouring countries…as the regional and global race for investment intensifies; such initiatives will be well received, and are necessary for Vietnam to stay competitive”

 

Originally published on Page 14 of the August 14-20, 2017 edition of Vietnam Investment Review, to view the full article, please click here.