Vietnam US exchange economic supports

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.

Da Nang authority takes master plan to make the city into a large urban area of Vietnam and a major socio-economic hub of the Central. The plan has been recently declared to the Prime Minister for approval.

On June 19th 2014, Vietnam Auto Expo 2014 will be opened at the Vietnam Exhibition and Fair Center at 146 Giang Vo Street, Hanoi. The exposition will introduce transport and ancillary industry of Vietnam.

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.

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.

More and more countries applied travel bans and blockages due to nCoV. It is hard to predict the world travel scenario after the Covid 19 pandemic.

Vietnam and Russia oil and gas cooperation is increasingly strengthened by establishing more joint ventures such as Rusvietpetro and Gazpromviet in Russia. This cooperation proves the wish of developing energy, oil and gas sectors of two countries.

From July 31 to August 2, Japanese Foreign Minister Kishida Fumio paid a visit to Vietnam to boost strategic partnership between the two countries in various fields, according the invitation of the Deputy Prime Minister and Foreign Minister.

Vietnam government is going to temporarily stop issuing free Vietnam visa for 8 European countries, including Denmark, Norway, Finland, Switzerland, United Kingdom, Germany, France, and Spain to fight against COVID-19.

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.

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.