Vietnam to host first int’l property expo

Hundreds of real estate development businesses both domestic and from overseas, have registered to take part in an international property expo, the first of its kind in Vietnam, scheduled for September. 20-29.

The businesses taking part will build over 1,500 pavilions to promote their investment and development projects in industry, tourism and trade, as well as real estate transaction floors. They have also signed up to promote new products and advanced technologies in housing and urban development.

Deputy Minister of Construction Nguyen Tran Nam, also President of the Vietnam Real Estate Developers’ Association, said at a meeting with participating businesses on July 15 that his ministry will use this opportunity to explain policies on real estate investment and development and social housing programmes.

Before the expo begins, on Sept. 9-13, there will be an international exhibition, Vietbuild 2009, on construction, building materials, housing and interior and exterior design.

This is the largest annual event for the building sector and is expected to draw over 900 domestic and foreign businesses this year, including 153 overseas companies and groups from 22 countries such as the Republic of Korea, Thailand, Japan, the US and France.

As many as 2,200 pavilions will be built to spotlight new products that came out in late 2008 or early 2009, ranging from building materials to interior decoration designs, windows and doors, housing architecture, real estate, electrical appliances, paints and sealants.

Both these events will take place in Ho Chi Minh City.

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