Developing Commercial Housing Projects on Agricultural and Non-Residential Land: A Legal Milestone

On 30 November 2024, the 15th National Assembly deliberated and officially passed Resolution No. 171/2024/QH15, introducing a pilot framework for the implementation of commercial housing projects through agreements on the acquisition of land use rights or the use of existing land use rights (“Resolution 171”). Resolution 171 marks a groundbreaking pilot phase in Vietnam.