Vietnam’s Real Estate has a big problem, hit hard by new crackdown! Yes, you heard that right! Vietnam’s real estate sector is facing yet another challenge, this time targeting the rental market. Imagine pouring your money into a prime property to cater to tourists, only to find out the law might not be on your side. Authorities are cracking down, and guests are being forced out – leaving property owners in the lurch.
Vietnam's tourism industry, already struggling to attract international visitors, faces another hurdle: restrictive policies and unclear laws are making investors rethink their options. With legal protections for property owners feeling flimsy, is Vietnam's real estate really worth the risk? And how much deeper will this drag down Vietnam’s economy?
In this episode, Attorney Ken Duong dives into the details and brings you the latest on Vietnam's real estate market and what it means for investors like you.
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00:00 Investing in Vietnam in 2024
01:26 Vietnam Tourism
02:29 Promising profits
03:36 The Frustration
04:47 It's not about the angry neighbors!
05:37 Vietnam Law
06:25 Still make money in this real estate market?
09:40 The Management
10:32 Vietnam's Economy is booming?
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Duong Global is an international acknowledged worldwide business consulting firm that provides business and legal services specializing in the U.S. – ASEAN multilateral trade relations. Our aim is to enhance corporate competency and performance through result-based solutions, effectively combining processes, people and systems, designed to match clients' individual requirements. Our unique set of business and legal services include International & U.S. Business Law, Immigration Law, Real Estate, Franchising, Marketing, Intellectual Property, and Entertainment.