Hanoi’s tycoons incur big losses because of speculation deals in SEZsVietNamNet Bridge - Real estate transactions in Van Don and Bac Van Phong, reserved to become SEZs in the future, have become frozen. Real estate transactions have become frozenWith the wave of people migrating to Phu Quoc, the demand for land plots is still high. However, only legitimate land plots in areas with good infrastructure are wanted. They spent hundreds of billions of dong to collect agriculture land and sell land plots for fat profits.They once made profits when the draft law on SEZ was put into discussion at National Assembly’s session. As a result, the speculated land plots are not selling.Thanh said that he still has two unsold land plots.
