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News About Vietnam Development

By: DeRun   Views:6401   Date: 06/28-2013

Vietnam Planning and Investment under the Ministry of Infrastructure and Urban Development Office estimates that in the next 10 years, Vietnam will invest more than 60 billion U.S. dollars in the construction of roads, airports, ports and other public transport network to LED products.

Vietnamese Government had approved an urban renewal plan, plan to 2020, the total investment on LED lamps amount of $ 90 billion, aims to enhance the urban environment, re-construction of the slums and the city center.

At present, the two cities of Hanoi and Ho Chi Minh City office occupancy rate of over 95%. Is expected in the next five years will have 500,000 square meters of new office space coming on stream, to provide additional supply of 160% of the office in Ho Chi Minh City. At the same time, a large number of new commercial and industrial park construction has been implemented in Ho Chi Minh City and the surrounding areas to build, such as Dong Nai, Binh Duong and Ba Ria – Vung Tau.

Hotel / Resort industry
More luxury hotels will be developed to meet the needs of international tourists. The tourism sector is estimated that in 2020, Hanoi will need more than 13,000 three to five-star standard rooms, Ho Chi Minh City 7000. More regional tourism development plans, including Can Gio, Quang Nam Province, Nha Trang, Vinh Thuan Province, Ba Ria-Vung Tau Province, Phu Quoc Island, Da Nang City, and so on.

Leisure and entertainment
Vietnam is the world’s fastest growing entertainment and media market, is expected there will be more than $ 2.3 billion in revenue in 2013. Single existing 4215 bar in Ho Chi Minh City and Hanoi, 1189 disco and 73 cinemas. Increasingly higher spending power, high youth population coupled with government support, is expected to more leisure and entertainment center will be established in the short term.

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