Vietnam Withdraws Condominium Ownership Term Proposal, Strengthens Lifespan Management
Politics

Vietnam Withdraws Condominium Ownership Term Proposal, Strengthens Lifespan Management

Vietnam's Ministry of Construction has removed the proposal for 'condominium ownership terms' from the revised housing law draft. However, strengthened management of condominiums past their lifespan will be maintained to ensure safety and provide a legal basis for renovation and reconstruction.

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