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RE: I really don't understand the construction notions in Vietnam

in ASEAN HIVE COMMUNITY9 days ago

There are other factors at play such as the infamous "Vingroup" here in Vietnam. Look them up sometime if you get a chance. They are basically Wal-Mart but instead of only being in retail they have their hands in just about anything. They are enormous and don't really leave any space for competition. This hotel / shopping mall wasn't Vingroup and there is always the possibility that Vin forced them out before it was done because they didn't kiss the ring.

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Wow a company founded in Ukraine in the 90s with a broad portfolio of technology, industry, real estate development, retail AND services from healthcare to hospitality? More than 1% of the GDP of Vietnam seems substantial enough to cause a halt at that late phase and purchase it for pennies on the dollar.