Vietnam decree for owing house in Vietnam for foreigners

From July 1^st 2015, all foreigners have over 3 month visa allowed to own any property for a maximum of 50 years and enjoy the same rights to lease transfer or sell the property as Vietnamese citizens

This policy will attract more foreign investment without jeopardizing national security.

Foreign property owners will also be subject to the nation's property taxes
Foreigners who have a valid visa; foreign investment funds, banks; Vietnamese branches and representative offices of overseas companies are eligible to buy house in Vietnam
Foreigners can already buy property to house, but they are not able to lease or use it toward any other purpose.
Foreign property can be put out to lease but must also inform the provincial house management agency before leasing the property.
Foreigners can extend their home ownership after 50 years, according to their need
Foreigners can buy a maximum of 30 percent of apartments in a block and 250 houses in a given ward.
They are allowed to buy, receive, or inherit apartments and houses in commercial projects and not in areas that limit or ban foreigners
Foreign entities who have invested in housing projects in Vietnam which will all be entitled to purchase real estate under the law
The properties owned by foreigners can be sub-leased, traded, inherited and collateralized.