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Monday, November 6, 2023

A banking crisis is developing in Vietnam. - Part 3

https://e.vnexpress.net/news/property/banks-find-no-takers-for-foreclosed-properties-despite-steep-discounts-4673140.html



We had warned in 2019 that Vietnam would be facing a banking crisis.  The day of reckoning has come now for Vietnam because the banks can't find buyers for their repossessed properties.

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