More than 1,000 booths displaying new products and technologies from 360 enterprises are participating in the Việt Nam International Real Estate Exhibition, VNREA EXPO 2016. — Photo tieudungplus.vn

HA NOI (Biz Hub) — More than 1,000 booths displaying new products and technologies from 360 enterprises are participating in the Viet Nam International Real Estate Exhibition, VNREA EXPO 2016.

The enterprises comprise 186 local firms, 94 ventures and 80 firms from 12 countries and territories.

The expo kicked off yesterday in Ha Noi, aiming to promote trade and introduce real estate projects as well as new products and services in the construction, building materials and interiors sector.

Nguyen Tran Nam, chairman of the Viet Nam Real Estate Association (VNREA), said the event would be organised annually at the National Architecture, Planning and Construction Exhibition Centre in Ha Noi. A similar event will be held in HCM City in September this year.

"The organising board wants to deliver an early alert on development trends in the property market. Estate developers should pay attention to the social housing market segment, offering small-scale and medium prices to suit the incomes of the majority of people," Nam said.

The expo has showcased housing, interiors and building material products. Several prestigious property developers have participated in the five-day exhibition, including Hai Phat, HUD and Viglacera Land.

Seminars on various topics, such as sources of capital for the domestic real estate market, investment potential and opportunities in the market, as well as issues related to providing low-income housing, will be held during the event.

Real estate experts will provide ideas on establishing a policy system to develop the real estate market and field questions on this and related subjects. The expo will also honour outstanding designers, real estate products and trading floors in localities nationwide. — VNS