Investment in Vietnam is blooming

At a press conference announcing assessment report on development cooperation (ODA) between EU and Vietnam on June 25 2014, Dr. Franz Jesen, Ambassador - Head of the EU Delegation spoke EU pledged to continue providing EUR 542 million in ODA for Vietnam.

After six months of operating in the most dynamic city in Vietnam, McDonalds Ho Chi Minh City hits the touchstone of over one million of customers. This brand is preparing to open the third restaurant in the city to appeal the taste of local people.

Taking place in four days, from March 3rd to 6th, 2015 Foodex Japan 2015 continues to create golden opportunities for Vietnam enterprises to promote its brands and introduce its products to Japan market and other markets in Asia region.

On May 30th, World Bank in collaboration with People’s Committee of Can Tho City has organized a conference to review the period of monitoring Urban Vietnam development project in which World Bank is the most major supporter.

India is one of the strategic partners of Vietnam. To further develop the relation between two countries, Vietnam - India trade promotion is being enhanced significantly. Besides, other sectors are developed in the cooperation between two countries.

2015 is considered to be an important year of the further and greater international integration of Vietnam economy. This is a not only the golden time of FTA between Vietnam and other countries but also an important milestone of establishing AEC.

According to the latest report of World Economic Forum (WEF), Vietnam economy has jumped 2 notches on the ranking of global competitiveness. The new position of Vietnam is 68.

The first Airbus A321 of Vietjet fleet came to Vietnam at Tan Son Nhat Airport. This is also the 9,000th airplanes manufactured by Airbus, one of two leading aircraft manufacturers in the world. The aircraft has advantages of saving fuel and cost.

Vietnam government is going to temporarily stop issuing free Vietnam visa for 8 European countries, including Denmark, Norway, Finland, Switzerland, United Kingdom, Germany, France, and Spain to fight against COVID-19.

On March 15, 2015, the construction of path from Bac Luan 2 Bridge started. The project of Bac Luan 2 Brigde is believed to contribute greatly to the development of economy and society of Mong Cai City and Northern region’s economy.

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.