04.02.2013 - VietNam: Domestic market frozen, people seek to buy overseas properties

Overseas remittance to Vietnam has been increasing steadily. However, the cash flow now does not go into the real estate sector any more. Meanwhile, a lot of Vietnamese are seeking to buy real estate overseas. Economists have pointed out that a high proportion of overseas remittance to Vietnam has been poured into the real estate market, which was considered the most lucrative business field............................................Full Article: Source

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