Legal Issues Raised and Recommendations for Perfecting Dispute Settlement Over Condominiums between Investors and Apartment Owners in Vietnam

Not only in Vietnam but in countries around the world, because of the high population density, the demand for housing has increased and the rapid development of urban areas has led to an increasingly narrow land fund, unable to continue to develop private houses but having to build houses according to the height to meet the needs of many people on the same land area. This is the main reason for countries to build condominiums – an inevitable trend with many advantages. However, though condominiums bring many benefits to people, this housing model also has many disputes, in which the first and most common dispute is related to the interests between investors and the apartment owners. For this issue, each country has its own governing law in order to ensure fairness and protect the legitimate interests of stakeholders. Thus, the article focuses on clarifying the inadequacies of Vietnamese law in resolving condominium disputes between investors and apartment owners, thereby providing legal solutions to perfect the law on this issue in Vietnam in the coming time.