VN Dealbook: Former airbase sold for $540m for realty development; Techcombank CEO quits

VN Dealbook: Former airbase sold for $540m for realty development; Techcombank CEO quits

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As Vietnam is developing its property sector to serve local needs and tourism, a former airbase in the coastal city of Nha Trang will be sold for $540 million to build a mixed use complex. Meanwhile, in the banking sector, Techcombank’s expat CEO Murat Yuldashev resigns, to be replaced by his Vietnamese colleague Nguyen Le Quoc Anh.

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