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Real estate companies in dire straits under pandemic


Real estate companies in dire straits under pandemic
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 10/07/2021
  
07:10
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Real estate companies in Vietnam are currently facing grave difficulties, with most localities implementing strict social distancing measures due to the outbreak of the fourth wave of the Covid-19 pandemic. 
Illustrative photo.
Marketing and business activities are at a standstill, while promotional events to introduce new projects are on hold. Potential buyers or investors are not being permitted to visit project sites, leading to huge losses.
Selling to cut losses 
Vietnam has faced four waves of the Covid-19 pandemic ever since it broke out in early 2020. During all this time, markets have faced continued turmoil. This continual dire situation is compelling i ....

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