Korea invests 24 billion USD in Vietnam processing industry

The Vietnam - Korea Free Trade Agreement has been signed successfully between representatives of Vientam and South Korea on May 5. The agreement has a significant meaning in the development of Vietnam economy and society in the region.

Vietnam is on the line of becoming a new tiger in Asian economy. With the support from other countries, especially US, in the future, the wish of Vietnam will come true. At present, apart from invesments from Korea, FDI for Vietnam from US is increased.

On August 27th 2014, International Aviation Transport Association (IATA) in collaboration with Vietnam Airlines held a seminar themed “Aviation: Wings of economic growth and connect Vietnam to the World”.

On December 2nd morning, Vietnam Business Forum 2014 was officially launched. The forum gave many concerning issues in current situation of Vietnam economy and the world’s one. Vietnam businesses are facing difficulties and advantages.

On February 3rd, Ho Chi Minh City’s People Committee and investors of Thu Thiem 2 Bridge launched its groundbreaking ceremony. Thu Thiem 2 Bridge will connect District 1 and District 2 creating a driving force to faster develop the city economy.

On September 18 morning, in Hanoi, Prime Minister Nguyen Tan Dung attended and spoke at the 12th ASEAN Health Ministers Retreat themed Better health for ASEAN Community after 2015.

On September 11, Mr. Nguyen Thanh Long, the Deputy of Health Ministry said that at the international press conference the ASEAN Health Ministers Retreat would be held by the Ministry of Health in Hanoi.

Vinhomes Central Park – the largest park in Ho Chi Minh City is being under construction. The project belongs to VinGroup, a famous corporation in Vietnam. The park is inspired by Central Park in New York, with a modern and oriental-style combination.

Just few days left, Tet Holiday 2015 is coming. On this special occasion, Vietnam Ministry of Agriculture and Rural Development and Trade Promotion Center for Agriculture are holding Spring Agricultural Fair to serve purchasing demands of consumers.

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.

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.