In the newly promulgated Law on Real Estate Business, the Article 56 has stipulated that the owner must buy a future housing guarantee when it is sold to the client during the construction process, but guidelines and regulations details of this regulation are still unclear and too late: The law comes into effect from July 1, 2015, but by September 2015 the State Bank of Vietnam has issued a circular, the guidelines are too sketchy. In general, there is a lack of information needed for applications:

For example, does the guarantee fee for a project life change? Normally, when buying a house at the new project that has just completed the foundation will see higher risks when finishing the civil work, the guarantee fee must be reduced, but in the Circular of the State Bank of Vietnam does not provide detailed guidance to investors. and commercial banks have to deal with this issue or even guarantee fees for each investor must also be different due to the reputation of each investor ...

in  the Article 57, the provisions on the red book is that a customer who pays up to 95% of the value of the contract, the investor has to make the red book for them, but this regulation conflicts with the usual business practices: Whenever the customer wants to liquidate the contract, he/she must pay full  100%. When the contract has not been liquidated, there are not sufficient documents to submit to the Department of Natural Resources and Environment, It also means that there are not enough documents to do the red book, which is the impossible point of Article 57 – the Law on Real Estate Business.