Finance & Loan Security Rights in Real Estate in the COVID-19 Era: 10 Key Q&As – Focus on Vietnam

DFDL Vietnam

30th October 2020

This is the third in our Q&A series on Finance and Loan Security Rights in Real Estate in the COVID-19 Era, this edition focusing on Vietnam.

We are now pleased to unveil the third in our Q&A series on Finance and Loan Security Rights in Real Estate in the COVID-19 Era, this edition focusing on Vietnam. The State Bank of Vietnam (SBV) issued a Circular on 13 March 2020 regulating restructuring by credit institutions and foreign bank branches of debt repayment terms, exemptions/reductions of interest and fees and more in attempts to soften the impacts of Covid-19 on the Vietnamese economy. This Circular was aimed at re-capitalizing banks, financial institutions and the real estate sector and reducing burdens faced by affected borrowers and vulnerable sections of the economy facing dire economic circumstances and unrealistic repayment obligations stemming from the enormous disruption brought on by the COVID-19 pandemic. The extent to which securities may be granted to foreign investors in Vietnam over property (mortgages, charges etc.), transferability of assets, land use rights, debt-to-equity restrictions and potential easing of registration procedures or documentary requirements among others are all outlined in a matter-of-fact and easily readable format in this Q&A edition.

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DFDL Vietnam

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Finance & Loan Security Rights in Real Estate in the COVID-19 Era: 10 Key Q&As – Focus on Vietnam

DFDL Vietnam

30th October 2020

This is the third in our Q&A series on Finance and Loan Security Rights in Real Estate in the COVID-19 Era, this edition focusing on Vietnam.

DFDL Vietnam

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