Shop closures in Hanoi, HCM City due to coronavirus fears
Many shops and restaurants in Hanoi and HCM City have closed or are looking for new owners due to Covid-19 fears.
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Lots of shops on big streets in Hanoi such as Trung Kinh, Thai Ha and Nguyen Hong are being shut and seeking for new renters.
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Vinh, owner of a big house on Thai Ha Street, said that he had reduced the rent on a building to VND53 million (USD2,304) compared to a previous VND60 million (USD2,608), but no-one had expressed an interest in renting the property.
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Lien who was seeking to rent a shop in Hanoi said that it is quite easy to find a shop for rent in Thai Ha and Trung Kinh streets. She had quite a few choices.
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The same situation is also reported at some streets in HCM City such as Ly Tu Trong, Phan Xich Long, Dinh Tien Hoang and Nguyen Truc Truc streets.
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Tran Van Thanh who works as a security guard for many years at a company on Dong Khoi Street in District 1, said he had never seen so many properties for rent.
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Nearly 10 shops on Nguyen Trai Street which is District 1 most popular street for fashion shops have also closed.
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A South Korean restaurant on Phan Xich Long Street in Phu Nhuan District has been shut.
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