Nation's largest construction expo opens in HCM City

Jun 14th at 13:21
14-06-2013 13:21:38+07:00

Nation's largest construction expo opens in HCM City

Eight-hundred companies and business groups from 18 countries and territories are taking part in VietBuild 2013 exhibition, which opened on Thursday (June 13) in the Sai Gon Exhibition and Convention Centre.

 

The five-day event, the country's largest exhibition for the construction industry, includes 2,200 booths displaying products, internal and external decorations, construction materials and information about real estate projects.

"The exhibition is a good opportunity to promote trade, increase investment, and further the development of construction companies. It will also help stimulate demand and trade in the property sector," said Nguyen Tran Nam, deputy minister of Construction, in his speech at the opening ceremony on Thursday.

Many exho participants said the fair came at a propitious time as the economy remains sluggish.

"This is a really big opportunity for the construction sector," said Le Phung Hao, a member of Hoa Sen Group's board of directors.

Hao told Viet Nam News that "many construction companies have been affected by the recession. VietBuild gives them a chance to show their strengths and their solutions to help rescue the frozen real estate market."

Hao said that the exho contained many new high-quality products on display. "This is a good sign. There are still niche markets for investors even during recession," he added.

Apart from traditional products, many companies, such as Son Ha BK JointStock Company and Ha Thanh Binh Investment and Development Company, are showing new and environmentally friendly products, including hi-tech gadgets that serve modern life.

Dang Tran Hieu, marketing director of Son Ha Joint Stock Co., said the company's new product, the Son Ha BK water tank, was made especially for the exho.

The tank uses fiberglass-reinforced polyester, a first in Viet Nam. The material, which is widely used around the world, replaces conventional materials such as concrete, plastic and steel.

Hieu said this material allows for flexible installation, easy application and convenience. It can be easily moved above ground, as well as inside, or on the roof of high-rises.

In the opening ceremony yesterday, 56 companies, including Viglacera, Dong Tam Group and Hoa Sen Group, were awarded golden cups and golden medals called Vtop Build 2013 for their high quality products and services.

Along with the exhibition, four conferences are also being held that will discuss the development of construction-material production in Viet Nam.

The Ministry of Construction and local people's committees organised the VietBuild 2013 exho in Ha Noi and Da Nang. After it finishes in HCM City, it will open in Can Tho.

vietnamnews



NEWS SAME CATEGORY

India to build thermal power plant in south

India's Tata Power Company has won a US$1.8 billion contract to build coal-fired thermal power plants in southern Viet Nam, said Tata representative Indronil...

Developing a lot of power plants, EVN still buys Chinese electricity

The Electricity of Vietnam (EVN), the only electricity wholesaler buyer, plans to buy 293 million kwh of electricity from China in June 2013.

Indian firm invests $1.8 billion in Long Phu thermal power plant

India’s Tata Power Co. Ltd has won a US$1.8 billion contract to develop the thermal power plant Long Phu 2 in the Mekong Delta province of Soc Trang.

Apparel industry needs redesign

The Viet Nam textile and garment sector must make fundamental changes to develop sustainably as part of the global textile and garment chain, agreed participants in...

Japanese investors seek enough of $5 billion for Nghi Son oil refinery

The Japanese group - Idemitsu Kosan Corporation - said on June 5 that the investors had received a financing agreement of $5 billion from financial institutions for...

Used car import taxes rise again

The Government has hiked import taxes on used cars for the second time in three months following a circular released by the Prime Minister.

Shocking illegal mineral exports to China

A recent report has revealed how illegal exports to China have depleted natural resources and resulted in huge losses to state coffers.

40 percent of small hydropower plants eliminated

Some 40% of over 1,100 small-scale hydropower projects will be eliminated from the national power development plan due to low efficiency or lack of investor...

Cash-strapped ethanol plant looks for help

Cash-strapped ethanol producer Dong Xanh is seeking potential partners to revive the facility’s operations.

Building material manufacturers regain consciousness on warming market

The frozen real estate market is defrosting on the information about the disbursement of the VND30 trillion bailout, which has also revived the building material...


MOST READ


Back To Top