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28 pct of realty trading floors face bankruptcy

snoop1130

By snoop1130
in Vietnam News

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snoop1130

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The eastern part of HCMC. Photo by VnExpress/Quynh Tran

 

Many real estate trading floors have little or no business amid Covid-19, and 28 percent face the risk of bankruptcy, according to the Vietnam Association of Realtors.

 

After surveying 500 floors with a total workforce of 75,000, it said another 32 percent are struggling to sustain their operations.

 

Over 80 percent have had little or no revenues recently and 78 percent have had to downsize or furlough employees.

 

Full Story: https://e.vnexpress.net/news/business/industries/28-pct-of-realty-trading-floors-face-bankruptcy-4353185.html

 

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-- © Copyright VN Express 2021-09-08

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