Hanoi, Vietnam, Jan. 5 -- The move is expected to mark a major shift from traditional paper-based verification to data-driven governance.
The introduction of electronic identification codes aims to increase market transparency; reduce information asymmetry; strengthen state oversight and fraud prevention; improve interoperability between government agencies and build the foundation for the long-term digital transformation of Viet Nam's property market
Industry observers say the policy could also accelerate new digital services, including automated verification for notaries, banks, and potential integration with proptech, fintech, and real estate trading platforms.
Under the Decree, every house, land plot, and real estate product in a con...