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View Full Version : Vietnam Property Market Hurt by Lending Rates, CapitaLand Says - Bloomberg



NewsWhore
10-20-2011, 04:52 AM
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Vietnam Property Market Hurt by Lending Rates, CapitaLand Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEvOfyeMTEYJgCBt_zwOPr_pqvKZQ&url=http://www.bloomberg.com/news/2011-10-20/vietnam-property-market-hurt-by-lending-rates-capitaland-says.html)
Bloomberg
Other obstacles include higher-than-anticipated project financing costs, a slow development process, and currency devaluations, Yip said. Measured at official exchange rates, the Vietnamese dong has lost about 7 percent of its value this year. ...

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