Official letter No. 3394/BXD-QLN dated August 24th, 2021 of the Ministry of Construction regarding scope of real estate trading of foreign direct investment (FDI) enterprises

Scope of real estate trading of FDI enterprises is regulated at clause 3 Article 11 of the Law on Real estate trading No. 66/2014/QH13 as follows:

- Rent buildings for sublease;

- Build houses on the land which is leased by the State for lease; build houses or constructions other than houses on such land for sale, for lease, or for lease purchase;

- Receive total or a part of real estate project from investors to build buildings on it for sale, for lease, or for lease purchase;

- Build houses on land which is allocated by the State for sale, for lease, or for lease purchase;

- Build buildings on land which is leased out in industrial parks, industrial complexes, export-processing zones, etc. for trading for the proper land use.

Accordingly, scope of real estate trading of FDI enterprises does not depend on their capital contributions.