Ho Chi Minh City will struggle to attract private investors if it continues with stringent …
Read More »Retirement homes have few takers in Vietnam
Hoang Thi Thu Ngan, deputy general director of Hanoi’s Dien Hong Retirement Home, is concerned about the low return on investment. Despite charging the market price of VND7.5 million ($312) per month, she says nearly a quarter of her rooms are never occupied. Since its opening eight years ago, the …
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