Vietnam replacing China to become a foreign investment hot spot

According to the Foreign Investment Agency and Ministry of Planning and Investment, until November 2014, FDI in Vietnam increases 9,407 valid projects with the total registered capital of 138.5 billion dollars processing and manufacturing industry.

Vietnam economy in 2015 is predicted to develop strongly. With great achievements in the first quarter, Vietnam is highly appreciated by international organizations such as Bloomberg, Economist Intelligence Unit, HSBC or ASEAN Stats.

According to Mr. Marc Cagnard, an Commercial Counselor and Head of the Representative Office of French Trade in Vietnam, there are approximately 15 groups of French enterprises are seeking opportunities to invest in Vietnam market.

In a Russian newspaper, among "Asian tigers", Vietnam is appealing a great attention when entering international integration and remaining stability during crisis period. Vietnam economy is accessed to attract more investors in years to come.

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.

Taking place in four days, from March 3rd to 6th, 2015 Foodex Japan 2015 continues to create golden opportunities for Vietnam enterprises to promote its brands and introduce its products to Japan market and other markets in Asia region.

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.

Recently, Vietnam Minister of Transport, Mr. Dinh La Thang has approved an investment project in expanding Tan Son Nhat International Airport. The expanding project will be started in November 2014 and completed within 26 months.

On December 8th, the first batch of Vietnam longan was exported to the US market by airway. Although the price of air freight is much higher than sea freight, it is expected that the price of Vietnam longan will fluctuate from 20 to 25 dollars/ 1 kg.

With the theme of Central Highland Culture with matriarchy tradition, activities of Vietnam Family Day 2015 will take place from 26-28 June 2015 at Vietnam National Village for Ethnic Culture and Tourism to establish and improve a stable society.

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.