Domestic investment to drive realty market

Vietnamese investors will dominate the domestic real estate market for the immediate foreseeable future, experts said at a seminar on property trends held in HCM City on Sept. 29.

Marc Townsend, managing director of CBRE, a real estate service provider, said the prolonged global economic downturn has forced a lot of foreign investors to halt or reconsider their property projects in Vietnam.

Japan builds third solar cell plant

Japanese Showa Shell Sekiyu K.K said on Sept. 7 its subsidiary Showa Shell Solar will build a third plant for thin-layer photovoltaic cells in Miyazaki prefecture at a cost of 100 billion Yen.

Travel expo to honour excellence

An award recognising excellence within the tourism industry in Vietnam, Laos and Cambodia will be presented during the fifth annual International Travel Exposition (ITE) in Ho Chi Minh City in October.