MINISTRY OF CONSTRUCTION No. 167/BXD-QLN ref: responding to Letter No. 238/2019/CV/VNT issued by Nha Trang Bay Investment and Construction Joint Stock Company SOCIALIST REPUBLIC OF VIETNAM Independence – Freedom – Happiness Hanoi, July 19th, 2019 Attn: Nha Trang Bay Investment and Construction Joint Stock Company The Ministry of Construction received Letter No. 238/2019/CV/VNT dated June 16th, 2019 issued by Nha Trang Bay Investment and Construction Joint Stock Company asking for the ministry’s opinion on tourist real estate ownership of foreign organizations/individuals and Vietnamese people who resides in foreign countries. After researching, we would like to give your company our opinion as follows: 1. Under Article 1 of Law on Tourism 2017, “tourism resources, tourism product development and tourism activities; rights and obligations of tourists, organizations and individuals doing tourism business, other organizations and individuals and local communities related to tourism activ