30.03.2011 - Vietnam: Gloomy property market faces most challenging time in 2011
The property market in 2011 is not an attractive investment class due to abundant supplies, weak buying and low liquidity, said Nguyen Do Viet, deputy general director of property firm Song Da Thang Long. Viet also expected that investors opted for gold and the US dollar this year. “Strong cash flows keep run into the two investment classes. High saving rates also encourage people to deposit their money into banks,” he said............................................Full Article: Source
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