Daily Cuts - Why Hanoi, Ho Chi Minh City have become expensive places to live
Vietnam’s major cities are facing a housing crisis, making Vietnam among the most expensive places in the region – property prices in Ho Chi Minh City and Hanoi have risen to levels that make them more expensive than Singapore and Kuala Lumpur. Hairianto Diman speaks to Denise Cheok, Economist, Moody's Analytics to find out what’s driving the business in these cities and what could bring prices down.
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6 min