Vietnam economy jumps 2 notches in global competitiveness

According to the survey on production and business activities of Japanese enterprises in Vietnam carried by Japan External Trade Organization (JETRO), approximately 66% Japanese enterprises still tends to expand business in Vietnam.

Preserving and promoting Confucian relics in Vietnam are among important tasks in conserving valuable Confucianism and local spiritual life. These Confucian relics are not just places of a time-honored tradition, but also long-lasting culture.

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.

Da Nang authority takes master plan to make the city into a large urban area of Vietnam and a major socio-economic hub of the Central. The plan has been recently declared to the Prime Minister for approval.

Recently, a large number of passengers buying Korean Air tickets asks for refunds due to the outbreak of Coronavirus in the country. However, the South of Korea’s flag carrier announced that they will not refund tickets to Korea.

On October 1, the Chairman of Samsung Vietnam gets license for US$1.4 project of investment in Vietnam. The project, Samsung CE Complex, is seen to have the largest capital ever. The factory will be constructed in Saigon Hi-Tech Park.

Yesterday, on December 8th, Hanoi hosted the opening ceremony of Vietnam-Laos-Cambodia Youth Cooperation Conference 2014 with the attendance of young people coming from these three countries. The conference is expected to end tomorrow, December 10th.

Vietnam real estate is assessed to overcome the most difficult period and is entering into recovering period. Therefore, international investors are pouring a huge amount of money into Vietnam market.

In 2014, Vietnam replaced India to be shortlisted in 10 biggest exporting countries in American market. It is predicted that in future, if Vietnam makes successful reform, the country will attract not only US investors but also other foreign enterprises.

In the time coming, Ho Chi Minh City economy will be enhanced with the cooperation of France. By dint of the cooperation, both two countries get benefits from each other.

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.