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VietNam: Foreign firms also bog down in real estate projects

Posted on 06 November 2012

Experienced and financially powerful, foreign investors have also suffered from the real estate crisis in Vietnam. A lot of foreign invested real estate projects were registered with huge capital, but they have been left “immovable” since the day of licensing.
Ha Long Star in Quang Ninh province, Da Phuoc urban area and Jade Center in Da Nang City or Byooyoung international residential quarter in Hanoi, has the registered capital of between 170 million and 500 million dollars………………………………………..Full Article: Source


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