Vietnam will allow foreigners to buy houses for the first time with one simple requirement, they must enter Vietnam legally.
They will be able to own the property for a maximum of 50 years and enjoy the same rights to lease, transfer or sell the property as Vietnamese citizens.
The new law will extend the rules that currently apply to apartments, according to the amended Housing Law which will take effect on July 1, 2015.
For more details on the rules and regulations please check
Can foreigners buy property in Vietnam article