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Property

Vietnam developer and Sumitomo join to build $4bn smart city

Hanoi site will employ 'internet of things,' with homes for up to 25,000 people

HANOI -- Leading Vietnamese developer BRG Group and Japanese trading house Sumitomo Corp. will spend 450 billion yen ($4.21 billion) to develop a smart city on the outskirts of Hanoi, the partners said Sunday.

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