Vietnam Tightens Real Estate Project Approval Timelines, Allows Legal Action for Delays
Vietnam's Ministry of Construction has introduced new regulations to strictly control the review period for future residential real estate projects. Businesses can now file complaints or lawsuits against provincial Departments of Construction if they fail to respond within 15 days, aiming to streamline the development approval process.
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
Related articles
- Next-Gen Vietnamese Leaders Shine on Forbes Asia's Power Businesswomen List
Forbes Asia has released its 'Power Businesswomen' list, honoring women reshaping Asia's economy. While no Vietnamese individuals were named this year, daughters of prominent tycoons from Thailand, the Philippines, and Malaysia were recognized, highlighting the anticipation for emerging female leaders in Vietnam's economy.
- Vietnamese Man Wins Nearly $8 Million Lottery Jackpot, Donates $200,000 to Charity
A man from An Giang province in southern Vietnam has won a Jackpot 1 lottery prize worth nearly VND 200 billion ($8 million USD). The winner, who chose to conceal his identity, announced he would donate VND 5 billion ($200,000 USD) to charity. This marks one of the highest lottery wins in Vietnam.
- GC Food Rectifies Financial Statement Information
Vietnamese food giant GC Food has announced rectifications to information within its financial statements. While specifics remain undisclosed, this move is significant for corporate transparency and credibility.
- Da Nang Boosts 'Made in Da Nang' Product Promotion to Expand Sales Channels
A promotional program to expand sales channels for 'Made in Da Nang' products has launched in Vietnam's central city of Da Nang. Nearly 20 local businesses are participating, showcasing and selling diverse goods including food and specialties. The initiative also strengthens online promotion to boost domestic consumption and demand for the year-end shopping season.