Scandal HITS Vietnam’s Real Estate! (they can SEIZE your property)

A New Scandal is hitting an already decimated Vietnam's real estate market. Find out more in today’s episode of Real Estate in Vietnam, as Attorney Ken Duong will shares in detail the reasons why some Vietnam’s homeowners are being evicted from their own properties and why authorities are taking them down. Learn more about the causes that led to this situation and get Attorney Ken’s take on what you should do to prevent expropriation and how to protect your property if you buy real estate in Vietnam. As a real estate investor living in Vietnam for more than 10 years, Attorney Ken Duong also discusses whether you should invest in Vietnam and whether it is safe to buy real estate as a foreigner.

00:00 What is happening
02:28 It is happening in Vietnam’s Main Tourist Attraction
03:16 First reason for Real Estate Eviction
03:52 Second reason for Expropriation
04:34 Last Notice and reason of Seizure
05:10 Properties Are Being Demolished by Vietnam Authorities
06:23 They Should Have Stopped This in the first place!
07:45 Attorney Ken Duong's opinion
09:39 Negative Impacts on Vietnam's economy
10:32 Investor Confidence is being Hit
10:58 Waste of Money
11:28 Rule of law in Vietnam is Concerning
11:58 Consequences on Vietnam’s Real Estate Market
12:32 Vietnam Tourism Slowdown
13:27 Government Resources
13:57 How to prevent your property in Vietnam from being taken way
15:46 What You Can Do When Buying Real Estate in Vietnam - Legal advice
17:24 Should You Still Invest in Vietnam & Buy Real Estate as a Foreigner?

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