Southeast Asia's largest property developer, Singapore-based CapitaLand, says it plans to increase its assets in Vietnam tenfold and is building thousands of new homes."Vietnam has been earmarked as the group's most important overseas market in Asia, after China," the company said in a statement.
The firm will invest 299 million Singapore dollars (211 million US), and is looking to hold ten percent of its assets in the country within the next three to five years, said Chen Lian Pang, chief executive officer of CapitaLand Vietnam Holdings. Full Story
