Vietnam - UK Economic Cooperation boosted

At a press conference announcing assessment report on development cooperation (ODA) between EU and Vietnam on June 25 2014, Dr. Franz Jesen, Ambassador - Head of the EU Delegation spoke EU pledged to continue providing EUR 542 million in ODA for Vietnam.

At a meeting forum held in Singapore on April 28, the Minister of Planning and Investment, Bui Quang Vinh called on Singapore’s investment in Vietnam to construct Phu Quoc into a high-end tourist center in Vietnam and Southeast Asia.

Facing the constant shortage of customers due to the Covid-19 epidemic and the high renting expense, a series of restaurants on Soho Street - the Hong Kong's most bustling area had to close.

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.

Binh Thuan Industrial - Agricultural - Commercial Fair is taking place in Binh Thuan Cultural Center from December 13th to 21st, 2014. With a variety of activities, the fair has left a good impression for thousands of visitors participating in.

Vietnam business environment is attracting many companies and corporations from US to invest in various Vietnam economic sectors. This is a chance for Vietnam to define its potential and advantages and for US companies to expand business as well.

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.

In 2014, Vietnam natural resources and environment gained many important events, attracting attention and interest of public opinion. Ministry of Natural Resources and Environment honored 10 outstanding events of the industry.

The Prime Minister Nguyen Tan Dung agrees with the development plan of Vietnam automotive industry until 2020; Vietnam will produce 227.000 cars and to 2025 will reach appropriately half a million vehicles, accounting for 60%-65% of the domestic market.

On September 23, Vietnam Literary Copyright Center, Vietnam Writers Association and Korean Society of Authors signed a cooperation agreement on literary copyright to promote Vietnam Korea relation.

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.