HCM City authorities are planning to revoke “long-delayed or projects that are no longer feasible” that have affected thousands of home owners who have been asked to move to make way for these projects. 

 VietNamNet Bridge – The HCM City People’s Committee has submitted to the municipal People’s Council a list of 880 projects that require around 7,000ha of land to be acquired.

VietNamNet Bridge - Hundreds of billions of dollars worth of capital have been ‘buried’ under projects registered by foreign investors but have not been implemented. 

 Despite being one of the best coastal cities in the region for second homes and tourist resorts, Danang remains littered with several delayed real estate projects.

 The management authorities in cities and provinces across Vietnam are stepping up efforts to purge time-wasting investors.

VietNamNet Bridge – Over 1,700 hectares of land in HCM City that had been locked up in delayed and scrapped projects have been returned to their owners,