Vietnam economy 2014 review in figures

It is estimated that there are approximately 4% Vietnamese people owning a private car. According to a forecast of EuroCham, with impressive economic growth rate, Vietnam automotive industry has enormous potentials to develop.

Vietnam investment environment is increasingly appealing more foreign investors, as advantages of cheap labor cost and attractive incentive policies. Many world leading investors pouring huge capitals in Vietnam are Samsung, Nokia, and Intel, etc.

On August 8, 2014, General Secretary Nguyen Phu Trong and National Assembly Chairman Nguyen Sinh Hung had a welcome meeting with the United States Senate led by Senator John Mc Cain and Senator Sheldon Whitehouse to further tighten Vietnam US relation.

On June 11, according to the Ministry of Tourism, Sports and Culture, Ca Hue has been recognized as one of intangible cultural heritages in Vietnam. In addition, there are more than 25 cases honored and recognized as intangible cultural heritages.

In the World Economic Forum 2015 in Devos, Vietnam economy was promoted in the conference. After the conference, Vietnam hopes the business and investment environment will be improved.

Acknowledging Southwestern area is a precious land in the world, Japan decides to start is investment in Mekong River Delta agriculture. Both of two countries, Vietnam and Japan paid working visits to seek investment opportunities in two countries.

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.

By dint of cooperating with Laos in terms of economic development research, Vietnam economy and Lao economy will be improved significantly. The two sides discussed many plans and cooperation orientations to develop economy.

Recently, the project on preserving and recovering Lan Ong Street - a famous traditional medicine space in old streets was inaugurated. Simultaneously, the project was held with the Week of Traditional Vietnamese medicine street 2015.

According to a recent report of Apple, Vietnam has become the hottest market of this company. The revenue of Vietnam Apple market has tripled in the first half of 2014, especially the sales of iPhone has doubled.

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.