Vietnam replacing China to become a foreign investment hot spot

Vietnam business environment is attracting many companies and corporations from US to invest in various Vietnam economic sectors. This is a chance for Vietnam to define its potential and advantages and for US companies to expand business as well.

Since early this year, South Korea and Hong Kong have invested in more than 250 projects including new projects and refinancing ones in Vietnam market. The total value of investment reaches nearly $ 2 billion.

In Vietnam – Laos Trade Fair 2015 held from 2 – 6 July, Vietnam goods are preffered a large number of businesses in Laos, and Thailand. Major products of Vietnam businesses in this fair are pharmaceuticals, medical devices and industrial machinery.

On May 12, BKAV Internet Security Company released BCSE WhiteHat - the first cyber security training program in Vietnam at the website BCSE.vn. This is the first Internet security training program in cyber form in Vietnam.

According to the final report of Vietnam General Statistics Office published at the end of December 2014, Vietnam economy achieved significant improvements. Many targets were reached, some went beyond the expectations.

Mekong Expo 2015 - an annual activity – is organized from April 27 to May 2, 2015. In this expo, there are a large number of products and handicraft items displayed at booths of domestic and foreign enterprises in Vietnam.

"192 Hours" author - the sole survivor of a plane crash in O Kha Mountain, Nha Trang, will return Vietnam to meet people who supported her during the accident and interact with Vietnamese readers.

Exhibition - Fair of One Village One Product - OVOP Vietnam 2014 taking place at the end of October 2014 creates business opportunities, promotes OVOP movement, and creates output for products in handicraft villages and the development of the villages.

Overall, in middle term, according to the assessment of experts, Vietnam GDP growth rate will remain at a modest level. And, the stable status of macro-economy will be improved. Vietnam economy 2015 will be more sustainable than that in 2014.

Euro Auto has launched the showroom of BMW Motorsport & Individual in Ho Chi Minh City. This is the first and only showroom in Vietnam for two subsidiary brands: BMW Motorsport and Individual, especially BMW M4 Coupé in Vietnam.

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.