With over 40,000 condominiums being launched in 2017 and 2018 in Ho Chi Minh City alone, is ‘bubble trouble’ on the cards for the city’s already heated real estate market?
Vietnam will allow foreigners to buy houses for the first time from Jul. 1, 2015, with one simple requirement - they must enter Vietnam legally, reports Thanh Nien News. However, there are still restrictions on where foreigners are able to purchase houses. And it is unclear whether individuals will be able to own land.