Vietnam economy promoted in World Economic Forum 2015

According to The Street, a Taiwan Magazine which provides business news, award-winning stock analysis, market data and stock trading ideas, Vietnam are gradually replacing China to become a hot spot of international investors in fields of manufacture.

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.

On June 18th, a memorandum of strengthening relations and cooperation between Da Nang City and Changwon has been signed by Chairman of People’s Committee of Da Nang City and Mayor of Changwon Korea.

In the morning of February 8th, Prime Minister Nguyen Tan Dung declared the opening of Vietnam's most modern expressway HCMC – Long Thanh – Dau Giay. This landmark is hoped to reduce congestion and establish connection between HCMC and other provinces.

The French church, Saint-Michel d'Aiguilhe is a chapel in Aiguilhe, near Le Puy-en-Velay, France. The chapel is reached by 268 steps carved into the rock. It was built in 969 on a volcanic plug 85 metres high.

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 Vietnam joined WTO, investment projects come to Vietnam more and more. Hanoi is one of the leading localities participating in appealing foreign investment in Northern Vietnam. Investment in Hanoi has gained significant achievement.

Vietnam technology will be upgraded by over 150 machines and equipment in 2015. This support contributes more to the trading relationship between Vietnam and Korea. In the future, FTA between Vietnam and Korea will be finished.

South Korea has recently confirmed its investment in Mekong Delta by supporting local farmers in with the total amount up to $23.5 million. This investment is mainly used for upgrading modern machineries and training human resource.

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 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.