In Vietnam’s ‘Billionaire Village’, migrant cash can buy a palace

In Vietnam’s ‘Billionaire Village’, migrant cash can buy a palaceVietnam's "Billionaire Village" doesn't sound like a place people would want to leave, but at least three of the 39 victims found in the back of a truck in Britain last week set off from there in search of their fortunes. A billion dong may only be around $ 43,000, but in the rural, northern-central Vietnamese town of Do Thanh, the money goes a long way, and even farmers live in palatial mansions, paid for with money sent back by family members working abroad. "70-80% of the villas here have been built with remittances," said Nguyen Van Ha, chairman of the rural, rice-farming commune in Nghe An province.



Yahoo News – Latest News & Headlines