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VietNam: Cooling market impacts property companies

Posted on 16 August 2010

From VietNamNet Bridge: The first-half report cards of property companies make for sorry reading as the commercial real-estate market, hit hard in the last two years by the recession, remained depressed.
Thu Duc Housing Development Joint Stock Company (TDH), for instance, said it has set itself a revenue target of VND709.23 billion (US$37.3 million) and net profit target of VND223.23 billion ($11.7 million) this year…………………………………….Full Article: Source


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