Completing the legal framework for asset registration in Vietnam to meet the demands of economic development

Abstract:

The design of asset registration has significant importance in publicly disclosing and transparently informing about the legal status of assets, closely linked to the civil rights of individuals and organizations when establishing and exercising ownership rights and other rights related to assets. A truly market-oriented economy cannot function without the existence and operation of a transparent and modern asset registration system. Therefore, in recent years, Vietnam has made efforts to establish legislation on property registration, which serves as a crucial legal foundation for recognizing and protecting ownership rights and other rights related to the assets of organizations and individuals. This helps enhance the government’s ability to manage information on the current status and legal condition of assets. The article analyzes the economic impacts of improving the legislation on property registration in Vietnam to meet the requirements of economic development in the context of integration.