Foreigners permitted to practise real estate brokerage

Hanoi (VNA) - Foreign real estate brokers with valid licences granted by foreign agencies will be permitted to practise in Vietnam, the Construction Ministry has said.

These licences must be translated into Vietnamese, noterised or certified
in accordance with the Vietnamese laws, and sent to local agencies in charge
of managing real estate business activities, the ministry added.

The Ministry of Construction will issue specific regulations on granting
real estate brokerage and appraisal certificates to foreign individuals in
the coming time.

The present Law on Real Estate Business does not require educational and
professional qualifications from individuals applying for real estate
brokerage certificates.-Enditem