A new national exhibition centre will be built on a 126-ha plot in Me Tri Commune in Hanoi 's Tu Liem district, according to the Vietnam Exhibition and Fair Centre (VEFAC).

It has been revealed that the project will cost 2 billion USD.

The project planning is well underway and VEFAC will begin to search for co-investors and secondary investors from the beginning of the third quarter this year.

The current Giang Vo Exhibition Centre will also receive an upgrade to make it a centre for trade, service and culture, on the 6,838-ha site in Ba Dinh district's Giang Vo Street.-VNA