Day 08 – Good Morning Vietnam

At day 8 we dived into the Vietnamese culture. After a long trip from Shenzhen, China, to Ho Chi Minh City, Vietnam, we finally reached the tropical climate. Due to a delayed arrival, we cancelled the first sightseeing part of the city. The day started at ten o’clock with a modest breakfast compared to the impressive one at the Shangri-La in Shenzhen. However, the friendly atmosphere of the city warmly welcomed us right from the beginning and we went to the Investment and Trade Promotion Centre of Ho Chi Minh City. The presentation was held in an unusual surrounding as it took place in a display room in between teddy bears and other Vietnamese export products. The woman holding the presentation was talking about the general economic situation as well as the influence of the WTO entrance. Additionally she focused on the emerging sectors and provided a broad outlook into the economic future in the year 2020. One major focus is set on the service sector, accounting now for 38% of the GDP, including the fields of finance, tourism and infrastructure. Continue reading