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Proposed Amendment: Recognizing “Households” as Land Users
The Ho Chi Minh City Real Estate Association has proposed a new regulation to be included in the 2024 Land Law. The proposal suggests recognizing "households" as land users, a move that could potentially revolutionize land ownership in the city.
“Experts: Progressive Policies are Only as Good as Their Implementation”
"Vietnam has long been lauded for its progressive reforms, and this is testament to the country's forward-thinking policies. However, as Oliver Massmann, Managing Director of Duane Morris Vietnam and a veteran legal practitioner in the country for almost three decades, points out, the gap between policy formulation and implementation remains a challenge. The key issue, according to Massmann, is not a lack of new policies, but rather the pace of enforcement. Vietnam's potential is undeniable, yet to fully unlock it, the country must address the disconnect between its ambitious plans and on-the-ground realities."
August 2025 PMI: New Orders and Employment Slump
The S&P Global Vietnam Manufacturing Purchasing Managers' Index (PMI), a pivotal gauge of the health of the manufacturing sector, remained above the 50.0 no-change mark in August. This indicated a second successive monthly improvement in the sector's health. However, with the PMI falling from 52.4 in July to 50.4, the latest data highlighted only a mild improvement in business conditions.
