London (VNA) – The northern port city of Hai Phong will zone off some 90-100 ha for a village for overseas Vietnamese.
Vice Chairman of the Hai Phong People’s Committee Hoang Van Ke signed a memorandum of understanding on the building of the village with President of the Association of Vietnamese Businesses in the UK (VBUK) Pham Minh Nam , in London on October 19.
Under the MoU, the VBUK will invest 90 million USD to build apartments, villas and cultural, sport and entertainment facilities in the area, which will serve as a resort for overseas Vietnamese. Around 35,000 Vietnamese are residing in the UK , of whom 8,500 came from Hai Phong.-Enditem
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