Vietnamese firm seeks withdrawal after winning Thu Thiem land auction at over $1bn
Tan Hoang Minh Group will lose the deposit of nearly $26.4 million if it unilaterally terminates the contract
Ho Chi Minh City to auction three plots of land in Thu Thiem area
The plots house 14 residential blocks with a total of 2,220 unused resettlement apartments and utility services
Ho Chi Minh City to hold design contest for $64mn opera house
The architectural design is poised to symbolize Vietnam’s huge, bustling metropolis and be a landmark that appeals to visitors to the city