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Nearly $20bln to be invested in real estate projects
VNstocknews - 3/5/2010 3:34:17 PM
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VNRealestateMarket.com - It is predicted that about $20 billion will be invested in real estate projects, accounting for 50 percent of the total foreign investment capital in Vietnam, up 20 percent year-on-year, according to Vietnam Tourism and Property Association (VNTPA).

Ministry of Construction announced up to early 2010, Vietnam has 263 low-price housing projects to be carried our with total investment capital of 72.71 trillion dong.

In 2010, there would be nearly 30 construction projects of houses for low income employees. In two large cities of Hanoi and HCM City, there are about 7,000-10,000 apartments for low-income residents in 2010 to be offered in the market.

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