Article 159 Law on housing in Vietnam No 65/2014/QH1 dated November 25, 2014, regulations:

Subjects eligible to own Vietnam-based houses and forms of Vietnam-based house ownership of foreign organizations and individuals

Foreign organizations and individuals that are entitled to own houses in Vietnam include:

Foreign organizations and individuals that invest in the construction of houses under projects in Vietnam in accordance with this Law and relevant laws;

Foreign-invested enterprises, branches and representative offices of foreign enterprises, foreign investment funds and foreign bank branches that are operating in Vietnam (below collectively referred to as foreign organizations);

Foreigners permitted to enter Vietnam.

Foreign organizations and individuals are entitled to own houses in the following forms:

Investment in the construction of houses under projects in Vietnam in accordance with this Law and relevant laws;

Purchase, rent-purchase, receipt of donation or inheritance of commercial houses, including condominium apartments and individual houses under housing investment projects, except those located in national defense and security maintenance areas stipulated by the Government.

Lawyers for Business and Foreign investment