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Economy

Japan to bankroll 'Japan quality' homes in Vietnam

Most homes in Vietnam are simply constructed and lack collateral value.

HANOI -- The Japanese government and some private sector companies are teaming up to spread "Japan quality" housing in Vietnam, sources said on Saturday.

According to the sources, the project is to establish financial schemes that will allow middle-class home buyers to take out loans for more durable and expensive housing than what might otherwise be available to them.

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