Vietnam enjoys property boom

Vietnam’s eastern suburbs of Hanoi are in the midst of a property boom.

Since the onset of the global economic crisis, state banks have poured more than $23.6 billion in loans into the economy, equivalent to about one-fifth of the country’s annual gross domestic product, according to the government.

 

Vietnam’s eastern suburbs of Hanoi are in the midst of a property boom.

Since the onset of the global economic crisis, state banks have poured more than $23.6 billion in loans into the economy, equivalent to about one-fifth of the country’s annual gross domestic product, according to the government.

 

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