Vietnam economy jumps 2 notches in global competitiveness

Although the country always cope with natural disasters, Vanuatu is listed on the happiest countries in the world. Vanuatu people are always happy with their spiritual life, not what material they are owning.

With improved macroeconomic situation in Vietnam, low inflation and interest rates, Vietnam stock market is heading for the 14th year of constant net buying of foreigners. The improvement is accepted by international stock markets and financial community.

The Coffee Fair 2015 is a National Trade Promotion Program. This fair is known as one of major activities in the fifth Buon Ma Thuot Coffee Festival to introduce and promote Vietnam coffee brands to international friends.

Coffee output of Brazil falls sharply, which will be a great chance for Vietnam coffee to surpass world coffee market. By dint of this, the price of Vietnam coffee will increase significantly, creating benefit for farmers planting coffee in Vietnam.

By October 2014, HCM City approved investment certificates for many foreign investors in Vietnam. And, Ho Chi Minh becomes the leading city appealing most FDI in Vietnam.

On Oct 13, Prime Minister Nguyen Tan Dung attended a business forum between Vietnam and Belgium. The forum contributes to favor of investors in Vietnam. In this forum, PM Nguyen Tan Dung also answered many questions from representatives.

Investment in Vietnam has witnessed a rapid growth in recent years with a large amount of capital from transnational corporations, of which many have decided to build basis of mass production and distribution.

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.

Hue T-junction overpass is has 3 levels and 50 spans. It has the total length of over 2km. The T-junction will be put into operation after over 640 day construction. It is the first 3-level overpass in Vietnam and will complete in the next 20 days.

Along with four main boulevards being constructed, two main roads will be opened in Thu Thiem New Urban Area to attract more investors. The authorities of HCMC proposed the Central Government for investment project of constructing new routes.

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.

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.

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.

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.