HANOI/TOKYO -- Japan's Sumitomo Corp. will start work on a long-delayed project to build a $4.2 billion smart city outside Vietnam's capital, advancing a bet on the Southeast Asian nation's real estate sector.
Property
Huge Vietnam smart city backed by Japan's Sumitomo moves forward
Work to begin on $4.2bn project after 8 years of administrative delays
The project will feature residential areas, office buildings and shopping facilities, as seen in this artist rendering. (North Hanoi Smart City)
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