66 percent Japanese enterprises will expand business in Vietnam

A series of large retail groups worldwide along with leading brands of beverage, fast foods, and fashion are strengthening investment in Ho Chi Minh City to expand market share and exploit Vietnam market.

The Vietnam - Korea Free Trade Agreement has been signed successfully between representatives of Vientam and South Korea on May 5. The agreement has a significant meaning in the development of Vietnam economy and society in the region.

At the Vietnam Russian business meeting, business in Vietnam expressed their great goodwill to enhance cooperation with businesses in Russia. Accordingly, Vietnam and Russia will boost to cooperate in many fields to develop two sides’ economy and society.

After the first three months, foreign investment in Vietnam show a positive outlook for the entire year. Specifically, Taiwan is being one of four biggest countries having foreign investment in Vietnam with new projects and more capital added.

Summer Concert in Hanoi is one of the most expected classical events in 2015 of Vietnam National Academy of Music. The event witnesses the participation of famous and professional artists, including Nguyen Khac Thanh, Nguyen Nguyet Thu and Tran Quang Duy.

On February 3rd, Ho Chi Minh City’s People Committee and investors of Thu Thiem 2 Bridge launched its groundbreaking ceremony. Thu Thiem 2 Bridge will connect District 1 and District 2 creating a driving force to faster develop the city economy.

Vietnam National Museum of Nature will be soon constructed. The project has been approved by Vietnam government according to the proposal of Vietnam Academy of Science and Technology. The project will be a place restoring rare samples of Vietnam nature.

Project of expanding Cat Bi International Airport is one of projects on key transportation development in Hai Phong, and it is expected to finish in 2015. This project has a total capital of 3,600 billion dong.

On June 15, 2014, the first free shuttle bus in Halong has been operated. By dint of this service, tourists can travel easily between important tourist attractions from Bai Chay to Halong Marine Plaza, or a new beach – Marina Bay.

Japanese investors are showing their interest in IPO shares of Vietnamese companies. They have scheduled to participate in IPO deals in Vietnam market in the near future.

On December 13th, an 81-storey skyscraper named The Landmark 81, which belongs to luxury urban area Vinhomes Central Park was started construction by Vingroup. It is expected that this highest building in Vietnam will be inaugurated in 2017.

Starbucks will open its three coffee shops in Hanoi in the effort to conquer the demanding palates of residents in this city. According to a representative of Starbucks Vietnam, the first three stores will be opened in prime locations of Hanoi.

After the success of the first restaurant on Dien Bien Phu Street, District 1, McDonalds Ho Chi Minh City will open the second on May 16th. The new restaurant is located near Ben Thanh Market, on Tran Hung Dao Street.

39 years after the Vietnam Liberation Day, Da Nang has developed significantly in all aspects. More importantly, Da Nang City has leave impression on tourists and residents as the most worth-living city in Vietnam.

As global economy is having positive changes, Vietnam economy will be definitely boosted. It is expected to increase 5.6 percent in this 2014 thanks to the recovery of the United States and Eurozone in banking reforms.

According to a recent survey conducted by ANZ, it is reported that Vietnamese middle class increases most rapidly in Asia, about 2 million Vietnamese joining the middle-class of Vietnamese society every year.

Sun Group Corporation recently has celebrated groundbreaking ceremony to construct Asia Park Da Nang cultural park and recreation on 2/9 street with a total investment of $ 200 million.

Ho Chi Minh City decided to expand center area including the whole Thu Thiem new urban area. There are accordingly some changes in Ho Chi Minh districts as well as the city urban area.

The second Kids World will be opened on Dong Khoi Street by Ho Chi Minh Vincom Center, on April 25th. With a scale of more than 5000 square meters, Kids World is expected to be the paradise for children.

June 1st has been chosen as the International Children’s Day since 1950. On this occasion annually, a large number of attractive activities for Children Day in Hanoi will be celebrated in several attractions and amusement parks across the city.