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

Participating businesses will build over 1,500 pavilions to promote their investment and development projects in industry, tourism and trade, as well as for real estate transaction floors. They have also signed up to promote new products and advanced technology 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 would take this opportunity to explain policies on real estate investment and development and social housing programmes.

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

This, the largest annual event for the building sector, 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 have just come out in late 2008 or early 2009, which range from building materials to interior decoration designs, windows and doors, housing architecture, real estate, electrical appliances, paint and sealants.

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