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Viet Nam: Housing market faces gloomy future

Posted on 03 January 2012

The housing market will continue to slump next year, Minister of Construction Trinh Dinh Dung said. The economic difficulties being experienced by the country will continue next year, despite efforts by the Government to curb inflation, stabilise the macroeconomy and ensure the social welfare of the people.
The Government does not expect to see high growth next year and this will directly impact the real estate market. These difficulties will continue into 2012, at least for the first six months………………………………………..Full Article: Source


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