Wednesday, February 6, 2008

Real Estate Booms in Communist Vietnam

In Hanoi, Bui Vu Thi has a new apartment in a good neighborhood with two bedrooms, one bath and a great view of the lake. She bought it three years ago, before it was even built. With some help from her parents, she paid $92,000 in cash. Today, she says, it's worth three times that.

There's a lot of cash in Vietnam today, and more coming in foreign capital remittances from Vietnamese living and working overseas.

Vietnam Real Estate News

Chao Vietnam Properties