HCM City (VNA) - The 2020 Vietbuild International Exhibition kicked off at theSaigon Exhibition and Convention Centre in Ho Chi Minh City’s district 7 onJune 24, with the theme “Construction - Building Materials - Real Estate - Interiorand Exterior Decoration.”

Theexhibition features nearly 1,800 booths from more than 400 exhibitors,including major brands such as Viglacera, Secoin, Sado Germany Window, ApolloSilicone, Eurowindow, Phuong Nam, Truong Phat, and Nha Vui.

It is oneof the first expos held this year and many other Vietbuild exhibitions withdifferent themes will be held in the country’s four biggest cities of Hanoi,HCM City, Can Tho, and Da Nang during 2020.

Ondisplay are building materials, electrical equipment, interior and exteriordecorative items, hygiene equipment, doors and door accessories, paint, waterpurifiers, and hand tools, among others, with many new models and improvedfeatures and quality that meet the rising requirements from customers for environmentally-friendlyproducts.

Speakingat the opening ceremony, Deputy Minister of Construction Nguyen Van Sinh saidthe Government has adopted a variety of measures to curb the spread ofCOVID-19, revive the economy, and support enterprises and people, includingland rental relief and cuts to corporate income tax and interest rates.

TheMinistry of Construction is advising the Government on a resolution tostimulate real estate investment, in which low-cost commercial apartments willbe offered at 20 million VND per sq m, he said.

Thesepolicies provide opportunities for developers and providers of buildingmaterials and furniture to bounce back, he added.

Professionalseminars and business-matching events are scheduled on the sidelines of theexhibition, including a seminar on “Innovative technologies and materials inthe construction industry post-COVID-19”, which seeks to encourage businessesto continue their research and produce new and high-tech products to meet urbanconstruction and housing market demand for green and sustainable development.

Theexhibition offers a platform for companies to meet, exchange information,explore prospects for cooperation, and introduce their latest products andtechnologies, according to the organisers.

It is co-organisedby the Ministry of Construction’s Information Centre and the VIETBUILDConstruction International Exhibition Organisation Corp. and is open until June28./.