Monday, 28/01/2008 08:54

Singaporean, Israeli firms invest in Viet Nam

Pacific Star of Singapore and Alony Hetz of Israel jointly founded a real-estate investment fund in Viet Nam on January 24.

The two companies hope to be handling around 200 million from financial institutions by July and plan to set up a joint venture to control and develop the local investment fund.

According to Alony Hetz’s general director, the real-estate market in Viet Nam is booming.

VNA

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