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Hanoi: 6,000ha of land for 10 city metro projects

To raise over US$40 billion for 10 city metro projects, Hanoi asked permission from the Government for allocating ODA, auctioning special-use land funds and, notably, planning another land area of 6,000ha as counterpart funds for the investors.

Foreign fast food chains show underwhelming performance in Vietnam

Most foreign fast food chains in Vietnam have failed to realise their initial expansion plans made upon entering the market. Recently, some have suggested that international brands have failed to defeat local Vietnamese food stalls.