Real Estate Legal Matters in Vietnam

In general, it is not permitted to own land in Vietnam as a private entity because the land belongs to the people and the State of Vietnam thereby operates as the administrator. So when it comes to real estate, what can be purchased? what can the buyer own? As the question would be raised to  real estate lawyers in Vietnam , we need to go in specific definition when someone wish to invest in real estate in Vietnam need to understand. You may have the right to use land in Vietnam? Ownership of a right to use land is permitted according to Vietn…