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Issue No. 22
Access to land
:: Article  :: Viewpoints
 

Issue No. 21
The state capital
investment corporation
:: Article  :: Viewpoints
 

Issue No. 20
Streamlining the
business startup process
:: Article  :: Viewpoints
 

Issue No. 19
Effective Implementation of the new Enterprise and Investment Laws
:: Article  :: Viewpoints
 

Issue No. 18
Starting a business in Vietnam
:: Article  :: Viewpoints
 

Issue No. 17
Streamlining
Business Licensing
:: Article  :: Viewpoints
 

Issue No. 16
Women's entrepreneurship
:: Article  :: Viewpoints
 

Issue No. 15
Private Credit Bureaus
:: Article  :: Viewpoints
 

Issue No. 14
Efforts in improving business environment
:: Article  :: Viewpoints
 

Issue No. 13
Corporate governance
:: Article  :: Viewpoints
 

Issue No. 12
The common investment law
:: Article  :: Viewpoints
 

Issue No. 11
Private sector firms
:: Article  :: Viewpoints
 

Issue No. 10
The unified enterprise law
:: Article  :: Viewpoints
 

Issue No. 9
Investment incentives
in Vietnam
:: Article  :: Viewpoints
 

Issue No. 8
Business Environment in Vietnam - Overview 2004
:: Article  :: Viewpoints
 

Issue No. 7
Business Development Services
:: Article  :: Viewpoints
 

Issue No. 6
Local governance
& Economic growth
:: Article  :: Viewpoints
 

Issue No. 5
SOE Valuation
:: Article  :: Viewpoints
 

Issue No. 4
Corp. Social Responsibility
:: Article  :: Viewpoints
 

Issue No. 3
Trademark protection
:: Article  :: Viewpoints
 

Issue No. 2
The stock market
:: Article  :: Viewpoints
 

Issue No. 1
The revised draft Land Law
:: Article  :: Viewpoints

VIEWPOINTS
 

Capital-gains tax

• I appreciate that the aim of this new tax is to reduce land speculation, which I think is good. However, how this tax is applied in practice needs to take into account the nature of the banking business. The primary objective of bankers when taking LUR as collateral is to have recourse in case the debtor defaults. Therefore, if a bank sells mortgaged land, the money from the sale would need to cover both the principal and interest owed on the loan, and only any profit on top of the recovered principal plus interest should be subject to capital-gains tax.

Mr. Nguyen Duc Vinh

>> More...

• Mechanisms to determine pricing of Land Use Rights (LUR)

• Stipulations on ownership of land

• Rights of land users under different leasehold terms

• Land-lease tenure

• Site clearance costs and rent

• Land planning, allocation, lease, pricing and LUR revocation

• Other specific recommendations

• Other changes that positively affect business environment...