Retail groups increase investment in Ho Chi Minh City

In the morning of February 8th, Prime Minister Nguyen Tan Dung declared the opening of Vietnam's most modern expressway HCMC – Long Thanh – Dau Giay. This landmark is hoped to reduce congestion and establish connection between HCMC and other provinces.

The eighth session of UK-Vietnam Joint Economic and Trade Committee (JETCO) took place in the afternoon of March 2nd in London to seek new appeals to promote Vietnam - UK Economic Cooperation.

Vietnam has received the agreement from Cambodia to implement a new route from Hanoi to Ho Chi Minh and return over its airspace. The new route will shorten the flight itinerary and save fuel costs for airlines.

After one year of testing, Da Nang free Wifi was officially put into operation with the domestic bandwidth up to 700 Mbps and the international bandwidth up to 40 Mbps increased four times in comparison to the testing period.

The United States has become one of important Vietnam export markets in recent years. It was estimated that Vietnam trade surplus to the American market reached 20 billion USD in 11 months of 2014. This number will continue increasing.

Trong Quan Singing, one of the most fascinating traditional folk music in Vietnam in general and in Bac Ninh in particular. Todays, along with other Vietnamese traditions, Trong Quan Singing is being protected and brought into play by the youth.

The 1st International Watercolor Exhibition Vietnam taking place in Hang Da Galleria will be the convergence of famous artists in the world along with their masterpieces. This is an opportunity for watercolor art lovers to learn about this art genre.

During the first two working days with representative of US Trade- Michael Froman, Minister of Finance- Jack Lew, Minister of Commerce- Penny Prizker, and Professor Jeffrey Schott, Deputy PM Vu Van Ninh discussed issues of Vietnam US economic relation.

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.

On September 11, Mr. Nguyen Thanh Long, the Deputy of Health Ministry said that at the international press conference the ASEAN Health Ministers Retreat would be held by the Ministry of Health in Hanoi.

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.