REAL ESTATE LEGAL UPDATES

Table of content

INDUSTRY HIGHLIGHTS:

| 1 | Vietnam real estate on upswing

| 2 | HCM city plans high rises on 930ha

| 3 | Private investors rush to pour money into infrastructure projects

| 4 | Ministry proposed revoking 260 coastal projects

| 5 | Nearly 2/3 of tenements in HCM City break construction rules

| 6 | Supply of high end condos rises fast

NEW LEGAL UPDATES

| 7 | Welcome changes to land allocation and use in Vietnam

| 8 | Leveling the field of residential housing among locals, Vietkieus and foreigners

| 9 | Bolstering the framework for real estate business

| 10 | Detailed guidelines on the New Construction Law on cost management, construction contracts, planning, quality control, and project management