Foreign real estate brokers with valid licences granted by foreign agencies will be permitted to practise in Vietnam, said the Ministry of Construction.

These licences must be translated into Vietnamese, notarized or certified in accordance with the Vietnamese laws, and sent to local agencies in charge of managing real estate business activities, the ministry added.

The Ministry of Construction will issue specific regulations on granting real estate brokerage and appraisal certificates to foreign individuals in the coming time.