New capital gains tax in Vietnam putting of property buyers, it is claimed as Vietnam tax affects pr

Nicholas Wallwork

Nicholas Wallwork

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A new capital gains tax that was introduced in Vietnam last month is*putting off property investors with many realtors reporting sharp declines*in transactions.

Most new property in the emerging real estate market is bought off-plan*and the title deed is transferred from the developer to the new owner on*completion of the project.



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