The newly enacted 2020 Investment Law together with Decree No. 02/2022/ND-CP guiding the 2014 Real Estate Business Law have substantially changed the legal framework for foreign investors conducting real estate business in Vietnam. Based on these recent pieces of legislation, this Property Development Legal Guide provides a panorama overview of the regulations in the real estate sector in Vietnam. The guide covers some crucial points for foreign investors wishing to develop real estate projects in Vietnam, such as how to handle foreign investors in the project company, market access conditions for foreign investors in the real estate sector, investment forms and the applicable ownership restrictions. It also provides for the licensing procedures for developing a real estate project in Vietnam.