Vietnam economy with opportunities and challenges in 2015

To strengthen Vietnam - India relation more comprehensively, Vietnam - India cultural and education cooperation is boosted. In addition, fields of training, society, and communication are enhanced.

After six months of operating in the most dynamic city in Vietnam, McDonalds Ho Chi Minh City hits the touchstone of over one million of customers. This brand is preparing to open the third restaurant in the city to appeal the taste of local people.

On June 6th, the photo exhibition named “My day”, a project teaching photography for poor Vietnamese children in rural areas was held in Ransbach – Baumbach City in Germany for the second time.

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.

Vietnam - Denmark relation has ben got on well with each other in various fields. To deepen and make the coopertion more comprehensive, two governments have decisions on improving the relations to bring benefits to peoples in two countries.

According to National Assembly, foreigners in Vietnam will have a chance to buy their own houses. The new rule will take effect from July 2015. Based on the new law on housing, foreign individuals and organizations can purchase or lease houses in Vietnam.

In 2015, Vietnam Airlines branch in Germany will use modern aircrafts to exploit direct flights from Berlin to Hanoi and vice versa. This is a new chance for Vietnam Airlines to appeal more customers in Germany in particular and in Europe in general.

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.

According to a survey carried by US researchers about digitization speed in 50 markets, Vietnam digital business is classified in Break Out Group which has great potentials in developing the strongest digital economy in the world.

After four years of construction, new Vietnam National Assembly House is finishing the last steps. It is expected to finish on Oct 20. The parliament building is constructed on the ground of old National Assembly building in Ba Dinh.

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.