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BUSINESS IN BRIEF 22/3
Vietnamnet global

BUSINESS IN BRIEF 22/3

 PM approves plan for central EZ; Dense fog causes collisions in Hai Phong waterways; Low-income buyers can mortgage new homes; Norwegian ship equipment plant opens in Haiphong; Vietnam expected to post two-digit export growth

Property market: doors open to foreigners, but locked to Vietnamese
Vietnamnet global

Property market: doors open to foreigners, but locked to Vietnamese

 VietNamNet Bridge – While Vietnam has opened its doors widely to welcome foreign investors to the domestic real estate market, it still prohibits Vietnamese investors to mortgage real estate at foreign banks for loans.

Park boss offers $5mil. reward for anyone who proves his wife’s debts
Vietnamnet global

Park boss offers $5mil. reward for anyone who proves his wife’s debts

The owner of the Dai Nam Tourist Area has offered VND100 billion ($5 million) of reward for anyone who can prove that his wife mortgaged his property for loans.