Bird Flu Outbreak Escalates, Raising Global and Local Concerns

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The ongoing bird flu outbreak in the US, which has devastated bird populations worldwide since 2020, continues to worsen, now affecting livestock and sparking growing fears among health experts.

California Governor Gavin Newsom declared a state of emergency this week, citing the alarming spread of the H5N1 virus in cattle and the increasing need for containment efforts.

A Growing Crisis

The H5N1 avian influenza, initially detected in birds, has since expanded its reach, infecting other species, including cattle for the first time earlier this year. California’s agriculture department has confirmed 645 infected dairy herds since the virus was first identified in the state’s cattle in late August. The situation worsened when health officials in Louisiana announced the first severe human case of H5N1, involving an individual hospitalized after exposure to sick birds in their backyard.

Despite reassurances from the Centers for Disease Control and Prevention (CDC) that the overall risk to humans remains low, experts are increasingly concerned about the virus’s potential to spark a human pandemic. “The more the virus spreads and replicates, the greater the risk of mutations that could lead to human transmission,” warned Dr. Jerome Adams, former U.S. Surgeon General.

Bird Flu’s Trajectory

The H5N1 virus first reemerged in Europe in 2020, quickly becoming a global issue. It has decimated bird populations, including wild birds and domestic poultry, and has recently spread to mammals, such as sea lions, seals, and even pigs. The virus’s ability to jump species, including a case involving swine in Oregon, has heightened fears due to pigs’ capacity to harbor both human and avian flu strains.

To date, the CDC has documented 61 confirmed human cases and seven probable cases in the U.S., with most infections linked to exposure to sick livestock. However, scientists believe the actual number of human cases may be higher.

California’s Emergency Declaration

Governor Newsom’s declaration enables state and local authorities to access additional resources to address the outbreak. The move comes as the U.S. Department of Agriculture (USDA) issued a federal order requiring milk supply testing, given the virus’s presence in dairy herds across 16 states. The dairy cattle outbreak, originating in Texas, has now affected 865 herds nationwide, further straining containment efforts.

What Lies Ahead

As the virus continues its unprecedented spread among animals, experts remain vigilant about the potential for human transmission. The growing pattern of mammal-to-mammal transmission, combined with the virus’s ability to mutate, underscores the urgency of coordinated global efforts to contain H5N1.

While health authorities emphasize that the immediate public health risk to humans remains low, they caution against complacency. “This is not just an agricultural or environmental issue; it’s a public health issue with far-reaching implications,” Dr. Adams concluded.

Man Sets Fire to Karaoke Bar in Hanoi, Killing 11 After Dispute

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Cao Van Hung, a 51-year-old man, has been detained and charged with murder after confessing to setting fire to a karaoke bar in Hanoi, resulting in the death of 11 people.

The tragic incident unfolded on the night of December 18 at a karaoke venue located at 258 Pham Van Dong Street in Bac Tu Liem District. According to initial investigations, Hung was drinking alone at the establishment when he got into a conflict with a group of seven patrons. The dispute escalated, leading to a physical altercation on Pham Van Dong Street, where Hung was reportedly surrounded and beaten.

Following the fight, Hung purchased a plastic bucket and approximately seven liters of gasoline for 150,000 VND at a nearby store. Around 11 p.m., he returned to the karaoke bar and threw the gasoline inside the premises, igniting it moments later.

Hung purchased a plastic bucket and approximately seven liters of gasoline for 150,000 VND at a nearby store

The fire quickly consumed the ground floor, spreading to furniture and motorbikes parked inside. The building, described as having a narrow, enclosed layout with limited escape routes, trapped many of the patrons and staff inside. Authorities reported that 16 people were in the bar at the time, and the fire blocked the main exit.

By the time the fire was extinguished at 11:40 p.m., 11 people had lost their lives, and four others sustained injuries and are currently receiving treatment at E Hospital.

Investigators revealed that Hung has a criminal history, including two previous convictions for robbery and theft. While his registered residence is in Co Nhue 2 Ward, Bac Tu Liem District, he has been living in Dai Mach Commune, Dong Anh District.

The Hanoi Police Investigation Agency is continuing its inquiries into the case, which has shocked the local community. Authorities emphasized the seriousness of the charges, noting that Hung’s actions were premeditated and had devastating consequences.

New Traffic Laws: What Expats in Vietnam Need to Know About Driving Motorbikes

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Starting January 1, 2025, new traffic laws under the Law on Road Traffic Order and Safety No. 36/2024/QH15 will take effect, introducing significant changes for expats and locals driving motorbikes in Vietnam.

These updates aim to streamline regulations and enhance road safety, but they also affect driving licenses and motorbike categories.

Key Changes for Motorbike Drivers

1. A1 Driving License Adjustments

  • As of 2025, an A1 driving license issued in Vietnam will only permit operation of motorbikes up to 125cc, compared to the current limit of 175cc.
  • Those holding A1 licenses issued before January 1, 2025, can continue riding motorbikes up to 175cc without needing additional tests.
  • Renewed A1 licenses after this date will adhere to the new 125cc limit, requiring riders of higher-capacity bikes to obtain an A2 license.

2. Motorbikes Under 50cc

Driving motorbikes under 50cc remains license-free for now. However, under Decree 151/2024/ND-CP, testing requirements for students, including expatriates, are under consideration.

3. Electric Motorbikes

Electric motorbikes with power under 11 kW require an A1 license. Models exceeding 11 kW demand an A2 license.

4. International Licenses

From January 2025, expats renting motorbikes must comply with their International Driving License classifications:

  • A1: Up to 125cc motorbikes
  • A2: Motorbikes of any capacity

5. License Conversions

Expats converting their home country licenses to Vietnamese licenses should note that renewals will follow the 125cc limit for A1 licenses.

FAQ Highlights

Can I drive a motorbike over 125cc with my current A1 license?

Yes, if issued before January 1, 2025. After that, renewals will limit A1 licenses to 125cc.

What about small 50cc bikes?

A license is not yet required, but upcoming regulations may mandate tests for all drivers, including expats.

I drive an electric bike—what are the new rules?

Electric bikes under 11 kW require an A1 license; those over 11 kW need an A2 license.

Do international licenses still work?

Yes, but you must adhere to your license category limits when renting or driving motorbikes in Vietnam.

Expats and locals are advised to review their driving licenses and prepare for the upcoming changes. Compliance with these updated regulations will help ensure a safer and smoother riding experience on Vietnam’s roads.

Nestlé khởi động chương trình “Cùng Nestlé, Cầu Tết Chất Lượng Trong Tay” tôn vinh giá trị Tết Truyền Thống Việt Nam

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Nhân dịp chào Xuân Ất Tỵ 2025, Nestlé Việt Nam tự hào khởi động chương trình đặc biệt mang tên “Cùng Nestlé, Cầu Tết Chất Lượng Trong Tay”. Đây là hoạt động nhằm tôn vinh những giá trị cốt lõi của Tết Việt, nơi truyền thống đoàn viên, sẻ chia, và yêu thương được gìn giữ, lan tỏa đến mọi gia đình trên cả nước.

Chương trình sẽ chính thức bắt đầu từ ngày 14/12/2024, với nhiều phần quà hấp dẫn như Apple Watch Series 10, tai nghe AirPods 4, hàng trăm “Blind Box” cùng nhiều hoạt động ý nghĩa dành cho người tiêu dùng.

Đi cùng với sự phát triển và xu hướng xã hội, Tết mỗi năm có thể có những thay đổi khác biệt để phù hợp hơn với thời cuộc. Có lẽ vì thế, mọi người vẫn hay bàn luận về điểm khác biệt trong hoạt động Tết xưa và nay. Thế nhưng, dù có bao nhiêu đổi thay, Tết trong mỗi người Việt vẫn vẹn nguyên giá trị và là dịp khiến mọi người nôn nao đón chờ nhất trong một năm. 

Tết không chỉ là thời điểm đánh dấu sự kết thúc của một năm cũ hay cơ hội nhìn lại những nỗ lực đã qua, mà còn là dịp để mọi người bày tỏ lòng tri ân và trao gửi những điều tốt đẹp nhất đến người thân yêu. Đây cũng là lúc cùng nhau vun đắp hy vọng, tạo dựng những điều ý nghĩa, và cầu chúc cho một năm mới hanh thông, thuận lợi. Chính bởi thế, Tết là biểu trưng cho vẫn mang khát khao về sự sum vầy, trọn vẹn và chia sẻ mọi thời khắc chất lượng cùng bạn bè, người thân.

Niềm vui của người xa quê là được trở về nhà, sum vầy bên gia đình và dành trọn sự hiện diện ý nghĩa cho những người thân yêu. Đối với người thành thị, Tết mang lại khoảnh khắc đáng nhớ khi cả gia đình cùng nhau xuống phố du xuân. Với nhiều người trẻ, đây là dịp để tạm dừng nhịp sống bận rộn, nghỉ ngơi, kết nối với gia đình, hoặc cùng người thân trải nghiệm những hành trình khám phá vùng đất mới. Dù cách đón Tết có muôn hình muôn vẻ, tất cả đều hội tụ ở điểm chung là gìn giữ giá trị truyền thống và tôn vinh ý nghĩa đoàn viên qua một mùa “Tết chất lượng” bên những người thân yêu.

Hiểu rằng dù ở bất cứ đâu, đang làm gì, thì thế hệ nào cũng mong cầu một mùa “Tết chất lượng”. Năm nay, Nestlé Việt Nam khởi động chương trình “Cùng Nestlé, Cầu Tết Chất Lượng Trong Tay”, qua đó lan tỏa thông điệp dù có muôn kiểu đón Tết, dù Tết ở đâu và Tết như thế nào, chỉ cần chúng ta dành cho nhau những điều tốt đẹp nhất, bên nhau thời khắc ý nghĩa và cùng nhau chia sẻ tình thân thì đó chính là một mùa Tết chất lượng.

Chia sẻ về chương trình “Cùng Nestlé, Cầu Tết Chất Lượng Trong Tay”, ông Binu Jacob, Tổng Giám đốc Nestlé Việt Nam cho biết: “Tết không chỉ là dịp khởi đầu cho năm mới mà còn là thời điểm để chúng ta gắn kết, yêu thương và mong cầu mọi điều tốt đẹp nhất. Nestlé tự hào đã đồng hành cùng các gia đình Việt Nam trong hành trình kiến tạo những cái Tết chất lượng suốt 30 năm qua, và cùng gửi trao những điều ngọt lành trong mỗi dịp đặc biệt này. Chúng tôi mong rằng những sản phẩm của Nestlé sẽ tiếp tục là người bạn thân thiết, giúp mỗi mùa Tết thêm trọn vẹn và ý nghĩa.”

Trong dịp Tết Ất Tỵ năm nay, người tiêu dùng có thể tham gia cuộc thi FLEX “TẾT CHẤT LƯỢNG” – CHỐT QUÀ CHẤT CHƠI! do Fanpage Kênh 14 tổ chức với đơn vị đồng hành là Nestlé Việt Nam. Cuộc thi nhằm tôn vinh những cách đón Tết đa dạng của người Việt. Đó có thể là thời gian bạn cùng quây quần bên gia đình trong bữa cơm sum họp, hay thời khắc quý giá chúng ta cùng người thân trải nghiệm chuyến đi đầy cảm hứng, hoặc đơn giản là người cha cùng con uống trà và trò chuyện thân mật trong không gian đầm ấm của căn nhà nhỏ, tất cả đều là những mảnh ghép tạo nên một cái Tết chất lượng đầy ý nghĩa. Nestlé tin rằng dù ở đâu và trong hoàn cảnh nào, người tiêu dùng Việt vẫn có thể đón một cái Tết chất lượng, trọn vị và đong đầy niềm vui.

Cuộc thi sẽ diễn ra chính thức từ ngày 14/12/2024 đến hết ngày 17/01/2025 trên trang Fanpage Kênh 14. Người tiêu dùng có thể tham gia bằng cách lựa chọn một trong 6 chủ đề Tết Chất Lượng của Nestlé, sáng tạo nội dung qua ảnh hoặc video, sau đó đăng tải lên Facebook cá nhân kèm theo hashtag chương trình để chia sẻ định nghĩa Tết Chất Lượng của mình. Tham gia cuộc thi, người chơi sẽ có cơ hội nhận được những phần quà hấp dẫn và giá trị như 01 Apple Watch Series 10, 03 tai nghe AirPods 4 và 600 giải khuyến khích là cácBlind Box” cho các bài dự thi hợp lệ và may mắn. Ngoài cuộc thi FLEX “TẾT CHẤT LƯỢNG” – CHỐT QUÀ CHẤT CHƠI!, người tiêu dùng có thể truy cập vào Fanpage và Website Gia Đình Nestlé (https://www.giadinhnestle.com.vn/cautetchatluongtrongtay) để tham gia các hoạt động tương tác và nhận nhiều phần quà hấp dẫn.

Trong thời gian diễn ra chương trình, người tiêu dùng có thể tới thăm gian hàng Tết của Nestlé tại các siêu thị, cửa hàng để cảm nhận không khí mùa lễ hội. Tại đây, các gian hàng Nestlé được thiết kế mang đậm không khí lễ hội với nhiều trò chơi tương tác, hoạt động đổi quà, và những ưu đãi hấp dẫn. Đây sẽ là điểm đến lý tưởng cho cả gia đình, nơi mọi người cùng nhau mua sắm Tết.

Đặc biệt, năm nay, Nestlé cũng ra mắt hai bộ phim ngắn với nhiều câu vè độc đáo và thú vị. Dù trăm nhà – triệu kiểu Tết, dù định nghĩa Tết có thể muôn hình vạn trạng, hãy tạo nên Tết thật chất lượng để sẵn sàng cho một năm mới với những dự định mới. Thông qua đó, Nestlé cũng mong muốn góp phần mang đến cho mọi người một cái Tết đầm ấm cùng với những sản phẩm chất lượng từ Nestlé.

Cùng với lời chúc mừng năm mới, Nestlé cam kết tiếp tục đồng hành cùng người tiêu dùng Việt trên hành trình gìn giữ và phát huy những giá trị tốt đẹp của Tết cổ truyền, và hướng đến một năm mới đầy may mắn, hạnh phúc và thịnh vượng.

NFTs Are Making a Comeback as Trading Volumes Surge: Galaxy Research

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Leading marketplaces such as OpenSea, Blur and Magic Eden have seen increased activity since November, the report said.

The non-fungible token (NFT) market is showing signs of recovery, Galaxy Research said in a report Monday.

NFTs are digital assets on a blockchain that represent ownership of virtual or physical items and can be sold or traded.

NFT volumes had been declining for most of the year, but began to reverse in November following the U.S. elections and the ensuing crypto market rally.

Weekly NFT trading volumes exceeded $100 million in early November for the first time since May, reaching $172 million on Dec. 2, Galaxy said.

“This resurgence has been primarily driven by increased activity among the top 25 collections by market cap,” analyst Gabe Parker wrote, with increased participation across leading marketplaces such as OpenSea, Blur and Magic Eden.

Blur and OpenSea were responsible for 60% and 27% respectively of the total volume over the last 30 days, the report noted.

NFTs linked to the Pudgy Penguins ecosystem have outperformed. Pudgy Penguins and Lil Pudgys collections saw their floor prices rise 206% and 265% respectively, the report added.

Bitcoin Takes a Breather After Doji Candle in a Cautious Pre-Fed De-Risking

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BTC takes a breather after an indecisive Tuesday, as the Fed is expected to cut rates Wednesday while signaling slower easing next year.

Bitcoin (BTC) is taking a breather, experiencing selling pressure after Tuesday’s indecisive price action marked by a Doji candle. This seems to be a classic case of traders de-risking in anticipation of an expected hawkish Fed rate cut later Wednesday.

The leading cryptocurrency by market value traded around $103,750, marking a 2% drop for the day, according to TradingView and CoinDesk data. Prices had surged to a record high of over $108,000 on Tuesday but failed to maintain those gains, ending the UTC day flat. That formed a ‘doji,’ a candlestick pattern that signifies indecision and potential bullish exhaustion when seen at record highs.

As expected, bitcoin’s decline has resulted in even larger losses for alternative cryptocurrencies, but some majors, such as XRP, SOL, and ETH, are experiencing losses comparable to BTC.

The Fed will announce the rate decision, the interest rate dot plot, projections, and economic forecasts at 14:00 ET. Fed Chair Jerome Powell’s press conference will be held a half hour later.

The consensus is that the Fed will cut rates by 25 basis points to the 4.25% to 4.5% range, marking a total easing of 100 basis points since September. But, the dot plot is expected to show fewer rate cuts for next year.

“The risk of slightly stronger near-term growth with the threat of higher inflation – tariffs putting up prices of goods and immigration controls potentially lifting wages and costs in the likes of agriculture, construction and hospitality sectors – means that we expect them to signal only three rate cuts in 2025. Previously, they had suggested four,” analysts at ING said in a note to clients.

“We look for 25bp of cuts per quarter in 2025 with a terminal rate of around 3.75% in the third quarter,” analysts added, noting the possibility of the Fed revising their projections for economic growth and inflation.

These so-called hawkish expectations are likely fueling the de-risking in the crypto market that is looking for reasons to correct, having seen prices for BTC soar from $70,000 to over $100,000 in less than two months.

It’s important to note that fewer rate cuts do not necessarily mean tightening; easing is still on the table. This suggests that the path of least resistance for risk assets remains tilted toward the upside.

Google to Open Vietnam Office in Ho Chi Minh City by 2025, Paving the Way for Localized Digital Growth

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Tech giant Google has officially announced plans to establish a local office in Vietnam, marking a significant step in its commitment to supporting the nation’s digital transformation and providing enhanced services to advertisers.

According to a statement from Google, the transition will take effect on April 1, 2025, when the contractual rights and responsibilities of advertising partners in Vietnam will shift from Google Asia Pacific to Google Vietnam Co., Ltd. The newly established company will be headquartered in Ho Chi Minh City and will assume direct management of operations in the country.

Key Changes for Advertising Partners

Starting March 1, 2025, Google Vietnam will take over as the official partner for customers using Google’s advertising products in Vietnam, replacing Google Singapore. This move also includes a significant shift in billing practices:

  • Invoicing and payment activities will now be conducted within Vietnam.
  • Payments for services will be processed in Vietnamese dong (VND) and will include a 10% value-added tax (VAT) in compliance with local regulations.
Opportunities in Vietnam’s Job Market

Google has already begun hiring for its Vietnam operations. The company’s career page showcases a range of job openings based in Ho Chi Minh City, signaling its efforts to build a strong local team. (For more information, visit Google Careers in Vietnam).

Strategic Importance

This move reflects Google’s recognition of Vietnam’s dynamic digital economy, one of the fastest-growing in Southeast Asia. By establishing a local presence, Google aims to support Vietnamese businesses more effectively, foster innovation, and strengthen its role in the country’s digital ecosystem.

Stay tuned as Vietnam Insider continues to follow this groundbreaking development in Vietnam’s tech landscape.

Asia’s largest cruise ship docks at Cam Ranh International Port for the first time

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Khanh Hoa Super cruise ship Spectrum of the Seas carrying more than 4,700 international guests docked at Cam Ranh International Port, visiting Khanh Hoa on the morning of December 13.

Tourists from Europe, Asia, and America get off the ship at around 6am, visit Nha Trang city and the suburbs, experience local sightseeing by cyclo, visit Cai River, and visit the countryside. Some guests choose to experience free sightseeing by shuttle bus.

At 4:00 p.m., the ship left the port for Hong Kong.

Spectrum of the Seas is the largest and most modern cruise ship operating in Asia. The ship is 347 m long, nearly 50 m wide, 16 floors high, built in Germany in 2019 at a cost of 940 million USD and is equipped with the world’s largest indoor entertainment and sports complex.

This is the first time the ship has docked at Cam Ranh International Port. In September, the international superyacht took passengers to visit Nha Trang Bay but was unable to enter due to repairs at Nha Trang International Port, forcing passengers to transfer by small boat. The closure of Nha Trang Port for repairs and the unknown reopening date has caused more than 10 cruise ships carrying tens of thousands of international passengers to Nha Trang to be canceled .

Khanh Hoa Department of Tourism then proposed Tan Cang Company Limited and Navy Region 4 to create conditions for businesses to welcome guests through Cam Ranh International Port.

Cam Ranh International Port is 5 nautical miles from the international shipping route, over 2 km long, including two wharves that can accommodate large passenger ships up to 226,000 GT (over 600,000 m3). Ships can dock directly at the wharf so there is no need to transfer passengers by small boats.

This year, Khanh Hoa welcomed 28 international cruise ships with nearly 60,000 tourists coming ashore for sightseeing.

Source: vnexpress.net

American and Korean tourists choose to celebrate the New Year in Phu Quoc and Da Nang

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Korean and American tourists in the group coming to Vietnam to celebrate New Year’s Eve are the most numerous and prioritize destinations including Phu Quoc, Da Nang, and Nha Trang.

Data from online travel platform Agoda shows that Vietnam has become a popular destination for international travelers during the New Year’s Eve 2025. The number of international searches for accommodation in Vietnam has increased by 30% compared to the same period last year, proving the attractiveness of Vietnam to international visitors. The data was analyzed based on searches between November 1-27 with an expected check-in date of December 31.

South Korea, Japan, Thailand, Taiwan and the US are the top five tourist markets choosing Vietnam this time of year. Ho Chi Minh City is the top destination thanks to its vibrant atmosphere and brilliant fireworks display on the Saigon River, marking the moment of entering the new year. Phu Quoc has risen to second place, up three places from last year. Meanwhile, Da Nang, Hanoi and Nha Trang continue to be the favorite destinations of international tourists.

Looking at each market separately, Korean tourists prioritize Nha Trang, Da Nang and Phu Quoc; Japanese tourists choose Ho Chi Minh City, Hanoi, Da Nang; Thai tourists choose Ho Chi Minh City, Da Nang, Phu Quoc; Taiwanese tourists like Ho Chi Minh City, Phu Quoc and Hanoi while American tourists prioritize Da Nang, Ho Chi Minh City and Da Lat.

According to Mr. Vu Ngoc Lam, Director of Agoda in Vietnam, the unique combination of unique culture, vibrant lifestyle and natural landscapes helps Vietnam quickly become an attractive destination for international tourists.

“It could be every corner of bustling Ho Chi Minh City or simply a relaxing trip on the peaceful beaches of Phu Quoc,” he said.

Agoda’s statistics also show the trend of domestic tourists during the New Year 2025 with international destinations being Bangkok, Taipei, Tokyo, Singapore, Hong Kong. Domestically, Vietnamese tourists love Ho Chi Minh City, Da Lat, Vung Tau, Hanoi and Nha Trang.

Source: vnexpress.net

Vietnam Commemorates 80th Anniversary of the People’s Army with a Series of Events

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Vietnam is hosting a series of significant activities to mark the 80th anniversary of the founding of the People’s Army. Among the highlights is the Vietnam International Defense Exhibition 2024, a showcase event scheduled from December 19 to 22 at Gia Lam Airport in Hanoi.

On December 20, a grand ceremony will commemorate the 80th anniversary, featuring an epic theatrical performance celebrating the People’s Army’s illustrious history. Other notable activities include the conclusion and award ceremony of the “Portraits of Soldiers” photography competition, as well as cultural and artistic exhibitions at Hoan Kiem Lake’s pedestrian zone in Hanoi.

In Ho Chi Minh City, Nguyen Hue and Le Loi pedestrian streets will host the “Unforgettable Song” art program and exhibitions chronicling the People’s Army’s 80-year legacy. Additionally, the live television broadcast “The Path of History” at the Vietnam Military History Museum promises a blend of historical storytelling and artistic performance.

Delegates visited the exhibition and introduced works about the Vietnam People’s Army. (Photo: News Newspaper)

Earlier, on December 15, Ho Chi Minh City’s Department of Information and Communications launched a week-long series of activities, including book fairs, experiential programs, and cultural performances to commemorate both the Army’s 80th anniversary and 35 years of the All-People National Defense Day.

Running until December 22, these events aim to highlight the People’s Army’s heroic journey and its pivotal role in building Vietnam’s comprehensive defense system, resonating with citizens, officials, and military personnel alike.

Vietnam Among Asia’s Largest Economies

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Vietnam is set to rank prominently among Asia’s largest economies, standing out in a region driven by rapid growth and dynamic development.

The statistical visualization platform Seasia Stats recently released the graphic “Asia’s 15 Largest Economies in 2025”, based on projections by the International Monetary Fund (IMF). “Looking ahead to 2025, Asia will continue consolidating its position as a global economic powerhouse,” the platform stated.

Top Economies in Asia

According to the data, China leads the region with a projected GDP of over $19,500 billion, maintaining its dominance. Japan follows, albeit significantly behind, with an economy reaching $4,400 billion. India is close behind Japan with a forecast of $4,300 billion.

South Korea and Indonesia round out the top five with GDPs of $1,900 billion and $1,500 billion, respectively. Notably, Indonesia is Southeast Asia’s largest economy, driven by abundant natural resources and a rising middle class.

Vietnam’s Position in Asia

Vietnam, ranked 12th overall and 4th in Southeast Asia, is projected to achieve a GDP of $506 billion, just behind the Philippines at $508 billion. Seasia Stats highlights Vietnam’s impressive economic growth, fueled by its manufacturing boom and strong foreign investment.

  • Singapore remains Southeast Asia’s second-largest economy at $562 billion, ranking 9th in Asia.
  • Thailand follows closely at $545 billion, securing the 10th position.
  • Malaysia, with $488 billion, continues to grow through its electronics and palm oil industries.

Other notable economies include Bangladesh and Iran, which round out the list at $482 billion and $464 billion, respectively.

Vietnam’s Economic Targets: Striving for 8% GDP Growth in 2025

Vietnam’s economy has demonstrated resilience and robust performance, with ambitious growth plans for the future. Speaking in December, Prime Minister Pham Minh Chinh affirmed that Vietnam is on track to meet and exceed all 15 major economic targets for 2024.

Key Highlights of 2024:

  • GDP Growth: Estimated to exceed 7%, making Vietnam one of the fastest-growing economies in the region.
  • Inflation: Controlled below 4%, ensuring macroeconomic stability.
  • Trade Surplus: Import-export turnover reached $715 billion as of November, with a trade surplus of $23 billion—a record high.
  • Rice Exports: Surpassed 8.5 million tons in the first 11 months, generating $5.3 billion, up significantly year-on-year.
  • National Brand Value: Reached $507 billion in 2024, ranking 32nd globally.

The Prime Minister emphasized prioritizing growth, targeting a GDP growth rate of 6.5-7% in 2025, with a stretch goal of 8%. This ambitious target is seen as critical to building momentum for the country’s long-term development strategy through 2030.

Opportunities Driving Growth

Luong Van Khoi, Deputy Director of the Central Institute for Economic Management (CIEM), expressed optimism about Vietnam achieving the 8% target. Key drivers include:

  • Free Trade Agreements (FTAs): Vietnam’s extensive FTA network, particularly new-generation agreements, will continue to fuel export growth.
  • Foreign Direct Investment (FDI): High-quality FDI is expected to flow into emerging industries such as semiconductors and artificial intelligence.
  • Digital Transformation & AI: The upcoming AI Decree and regulations on digital transformation will create a legal framework to accelerate the adoption of advanced technologies.
  • Public Investment: Large infrastructure projects, including the North-South railway and potential nuclear power developments, will serve as new economic growth engines.

Vietnam’s rapid economic expansion places it among Asia’s leading economies, a testament to the country’s strong policy framework, investment climate, and growth-oriented reforms. With a focus on manufacturing, foreign investment, and digital transformation, Vietnam is poised to achieve robust and sustainable growth in the years ahead.

‘VinFuture makes world scientists pay more attention to Vietnam’

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The VinFuture Prize will attract more attention from the world’s leading scientists to all aspects of Vietnam’s activities, according to Professor Geoffrey Hinton.

Prof. Geoffrey Hinton (University of Toronto, Canada) is one of five scientists who won the main VinFuture Prize 2024 at the award ceremony held on December 6 in Hanoi. According to Prof. Geoffrey Hintont, the VinFuture Prize has flexibility and unique categories to honor innovations that help improve human life. Below is his sharing about the prize as well as its impact on global scientists.

Professor Geoffrey Hinton said the VinFuture Prize is flexible in choosing the scientists to be honored. Photo: VinFuture

– How do you feel about being one of the 5 main prize winners of VinFuture 2024?

– I was very surprised when I became the owner of the highest prize, worth up to 3 million USD. This number was much bigger than what I imagined. Even when I told my wife, she thought I was joking and I had to use email to prove it.

I also think the organizers are very generous with the value of the prize. Before that, I had not had the opportunity to learn much about Vietnam or Vingroup. Therefore, I was very surprised that a fund founded by Vietnamese entrepreneurs could organize such a large-scale award. Now, I am very impressed with Vingroup’s rapid success and surprised by Vietnam’s rapid development.

– What do you think when the award is simultaneously given to four other individuals, one of whom is not a scholar?

– I am very happy to be recognized with Mr. Jensen Huang and Prof. Fei-Fei Li. Computational power is one of the most important factors in developing neural networks, and Nvidia’s chips are excellent. Not only the hardware but also the software makes it easier to use. Meanwhile, Prof. Fei-Fei Li has created a large database to test programs that can recognize objects in images. Both have played an important role in the development of deep learning.

As for awarding the award to Nvidia CEO, I think it makes perfect sense. People like Jensen Huang, who has contributed through hardware at Nvidia — or Jeff Dean at Google and Demis Hassabis at DeepMind — have all played important roles in the development of AI. And they all work in the industry.

I think it’s nice that the award celebrates people who really make essential contributions to this development, regardless of where they work.

Professor Hinton received the Nobel Prize in Physics at a ceremony held on December 10. Photo: Globe and Mail

– Having received many international awards, what do you think is different about VinFuture?

– I think the award to Mr. Jensen Huang is a clear demonstration that VinFuture is highly flexible, not limited by the scope of categories like many other award systems. Being a young award can be an advantage that helps VinFuture adapt easily and have a fresh approach. VinFuture has taken advantage of this strength to honor deserving scientists.

In addition to the main prize, VinFuture also has special prizes with different meanings. It is a new and useful idea. In particular, the prizes are all of great value in terms of prize money.

Vietnam pilots zero-emission waste treatment technology for the first time

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Applying thermal biochemical technology, scientists have developed a waste treatment system that does not emit air, waste ash, waste water, or odors, operating at the Bac Giang waste treatment plant.

On December 15, this technology was applied by Asian Green Energy Joint Stock Company at the factory converting domestic and industrial solid waste into energy in Yen Dung district, Bac Giang. The factory has a capacity of 150 tons of waste/day, with an estimated operating cost of about 150,000-250,000 VND/ton of waste.

Professor Huynh Van Hoa, Chairman of Live Again Group, project manager, said that the waste treatment technology using thermal biochemical technology without emissions was developed by him and his colleagues after nearly 30 years of research. This technology processes waste in a multi-part heating chamber, creating synthetic gas and biochar. The special feature of the technology is that it does not emit emissions, does not generate ash and slag, and does not discharge wastewater into the environment.

The waste treatment process of Professor Hoa and his colleagues has been patented in the US since 2020.

The authors at the plant converting domestic and industrial solid waste into energy in Yen Dung district, Bac Giang. Photo: Hong Ha

Professor Hoa said that the first phase of the project is designed to process 150 tons of solid waste and convert 70 tons of fuel into DME gas, electronic fuel, and Methanol solvent. The second part of the first phase will generate electricity with a capacity of 2 MW/h, convert carbon into activated carbon, and recover hydrogen gas from waste.

“With this technology, there is no need to classify waste at the source and it can receive most types of waste such as: household waste, industrial waste, medical waste, livestock waste, human waste, biomass into clean energy and biochar”, said Professor Hoa. He added that the output of the technology has by-products including DME (colorless gas, used as fuel), methanol, efuel, biochar. The inorganic substances removed: recyclable metals, bricks, glass concrete… are finely ground to produce refractory bricks.

The output product of the waste treatment process is activated carbon. Photo: Hong Ha

According to experts, zero-emission thermal biochemical technology opens up the prospect of waste treatment in rural and small urban areas, thanks to the ability to separate the plant modules to clean waste, grind it, press it into pellets and then transport it to the main plant to convert it into fuel and biochar, which is not limited by geography and scale of treatment. It is possible to thoroughly treat local waste sources without requiring investment in large-capacity plants.

In addition, the plant’s technology is not limited to applications in the solid waste and liquid waste treatment industry. The investment cost is 30% lower than the current waste-to-energy incineration technology, but the advantages are: no smoke emissions (the plant has no chimney), no ash, no wastewater, and the payback period is halved compared to waste-to-energy incineration technology.

The research team said that depending on the actual needs of local waste sources, the processing capacity can be optimized to 360 tons/day and night.

Source: vnexpress.net

IT – software salaries in Vietnam: Newcomers decrease, managers increase

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IT managers have a median salary of VND52 million, the highest among all sectors, but the income of those with less than one year of experience decreased compared to 2023.

Job platform TopCV announced its annual recruitment market report for 2024 and assessed that the human resource fever in the IT – software group “shows signs of decreasing”, but is still a labor-hungry industry in Vietnam with salaries exceeding those of other fields.

The survey was conducted with 3,000 businesses and employees nationwide, combined with an analysis of 300,000 recruitment posts as of the end of October on TopCV. The company said that the demand for human resources in the IT – software group decreased by 1% compared to last year, but experienced and highly skilled personnel are still sought after.

This is also reflected in salaries. The group of people with less than one year of experience received a median salary of VND11 million, down from VND15 million last year. Meanwhile, team leaders or people with 4-6 years of experience were paid VND35 million. For management or department head positions, businesses were willing to pay VND52 million, nearly 30% higher than last year.

The figure is based on the “median,” which is the value in the middle of a set of numbers. For example, if 99 companies are ranked in order of salary from highest to lowest, that would be the salary of the 50th highest-paying company. In statistics where there is a large difference between the highest and lowest numbers, the median is often used because it gives a clearer picture than the average.

With the above results, IT – software returned to the top position in terms of salary in the platform’s survey. Last year, Insurance was the number one industry with a median salary of 50 million for the position of department head, 10 million more than the IT industry. This year, the position of department head in most popular industries has a salary of 26-39 million VND, much lower than the IT department head.

However, according to TopCV, the IT – software recruitment market in 2024 will face many difficulties, mainly due to the limited supply of candidates, of which 55% said there was a shortage of highly skilled human resources; 49.7% of companies are willing to compete fiercely and offer many attractive incentives to attract this group of employees.

On the other hand, when asked about the reason for “job hopping”, 34.1% said it was because of lower compensation than other companies in the same industry, 29.5% felt there was no more opportunity for promotion, and 19.54% said it was no longer suitable for the leadership’s vision.

However, the survey unit also affirmed that “changing jobs is no longer guaranteed to bring an increase in income”, because only less than 10% can increase their income by 3-5% after changing jobs. In addition, employees when looking for a new job may face many challenges, such as foreign language requirements, multitasking, and updating new skills.

TopCV, founded in 2014, is among the famous HR Tech ecosystems in Vietnam. Recruitment reports have been released annually by the platform since 2018.

Source: vnexpress.net

Male student who beat 8th grader to ‘brain death’ sentenced to 4 years and 9 months in prison

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Hanoi Court believes that the behavior of defendant Truong Van Minh, 16 years old, stemmed from a conflict between children while playing sports, along with his impulsiveness, competitiveness, and lack of thinking when wanting to defend his younger brother.

The verdict announced this afternoon by the Long Bien District People’s Court determined that the defendant committed the crime when he was 15 years old and showed remorse, so the sentence was below the lowest limit – 4 years and 9 months in prison. This is a sentence that the court of first instance considered sufficient to “deter and educate”.

In addition to the prison sentence, the defendant and his representative must compensate the victim’s family more than one billion VND. The court noted that the defendant’s family has paid 300 million VND.Nguyen Thi Phuong Huyen read the verdict on the afternoon of December 17.

Previously, in the indictment, the representative of the People’s Procuracy assessed that the defendant’s actions were dangerous to society. However, considering all the factors, the People’s Procuracy proposed a sentence of 4-5 years in prison for the crime of Intentional Infliction of Injury.

This morning, Mr. Tam (45 years old, Minh’s father) was summoned to court as guardian. Mr. Tam’s remaining son, Khang, 11 years old, is one of the 8 witnesses summoned by the court.

As the representative of the 13-year-old victim who died, Dat’s mother brought her son’s portrait to the court.

The jury said the victim, the defendant and many witnesses were all under 16 years old, so the trial was held in a friendly courtroom, run by people trained in and understanding the psychology of minors. Journalists were not allowed to film or take photos.

The indictment determined that at around 3:10 p.m. on March 17, Minh’s younger brother Khang, 11 years old, and his grandfather went to Le Mat communal house, Viet Hung ward, Long Bien district. While jogging around the basketball court, Khang met Dat and a conflict arose. Khang was slapped in the face by Dat.

Khang went home and asked his brother, defendant Minh, to come and resolve the conflict. The children’s grandmother saw this and called Mr. Tam and asked him to follow the two children to intervene and prevent them from fighting.

Khang said he was beaten in the communal house yard, so Mr. Tam told him to get on a motorbike and take him away. On the way, he asked about the incident specifically, but seeing that his son was not seriously injured, he said, “They were just teasing me.”

When arriving, Mr. Tam parked the car about 30 meters from the communal house gate, told his two children to go in and meet their grandfather to resolve the matter, while he turned the car around and went home.

About 10 meters from the communal house gate, Mr. Tam felt uneasy so he turned back to check, looking into the communal house yard to find his two children.

Before that, Minh and Khang did not go to see him but went straight to the area where Dat and his friends were playing basketball. Minh asked: “Who hit my brother?” Khang pointed to where Dat was standing and said: “That guy hit me.”

The indictment stated that Minh punched Dat once in the left cheek, causing him to fall.

Mr. Tam ran back to stop them and took his two children home. He then returned to check on Dat’s health and saw that he was dizzy and pale, so he bought him some water to drink. After drinking the water, Dat vomited, so Mr. Tam and his friend took him to the emergency room. After being transferred to many hospitals, on May 21, the victim died at the National Children’s Hospital.

Authorities determined that the eighth-grade boy died of multiple organ failure – a consequence of brain hemorrhage.

Regarding the mechanism of injury formation, the forensic conclusion shows that the victim was punched once on the left cheek, causing the skull to move in the same direction as the impact force. When the victim fell, the head hit the stone floor, causing the movement to be blocked. From here, the brain would suddenly move in the opposite direction in a short time, causing vibrations and impact on the skull, leading to contraction, rupture of cerebral vessels, cerebral hemorrhage…

Defendant’s father: I was too subjective, I feel guilty towards Dat’s family.

During the interrogation, the defendant gave the same statement as the indictment, saying he did not know the victim, and that his younger brother told him so he ran out to “settle the matter”. When his father told the two brothers to go see their grandfather, Minh said he “didn’t see him” so he turned to find Dat to resolve the conflict.

Minh claimed that he acted alone, surrounded by only his younger brother and the victim’s group of friends, with no adults witnessing it. After beating his friend, the defendant heard his father yelling.

“My younger brother asked me to come out and resolve the conflict, why didn’t I talk to him? Do you see the consequences? Now, because of a very small incident, it affects many people, the first of which is you and your future,” the panel of judges analyzed.

Defendant Minh bowed his head and said: “At that time I did not realize that I would cause my friend’s death.”

The victim’s mother (second from right) was escorted to court by relatives on November 19. Photo: Hai Thu

Present in court, Minh’s younger brother, Khang, was asked by the jury about the origin of the conflict with the victim. He said that while he was jogging in the yard, “a stranger” (the victim Dat) came and told him to beat up another friend, but Khang refused, so Dat sat on him and slapped him in the face.

Regarding the reason for taking the children home and then returning to the communal house yard, Mr. Tam said he knew the children went to the same school, “if they fought today, they would probably have another conflict if they met at school tomorrow”, so he went out to advise and see how Dat was doing.

“You saw the children having a conflict but didn’t take any measures to resolve it and just left right away?”, the judge asked. Mr. Tam burst into tears and admitted that he had been too subjective and failed to fully assess the situation.

“This incident was partly my fault, knowing there was a conflict but not stopping it. If I had told my child to stay home… I could not have foreseen the incident, causing suffering to the child’s family, causing suffering to the child’s mother,” Mr. Tam said and turned to the other side of the courtroom, bowed deeply and apologized to the victim’s mother.

“I’m sorry. I don’t know what to say now other than sorry to you, sorry to the family,” Mr. Tam said.

Victim’s family requests to change charge to Murder

The victim’s mother said that when she arrived at the hospital, she found her son unconscious. She accused Minh of bragging about the crime and texting his friends without remorse. The defendant’s family did not inquire about Khang’s health.

She requested to change Minh’s charge from Intentional Infliction of Injury to Murder and prosecute Mr. Tam as an accomplice.

The prosecution agency determined that Mr. Tam’s purpose in taking his two children to the communal house yard was so that the two brothers could meet their grandfather to resolve their conflict. The fact that the children did not comply and instead went to beat and injure Dat was beyond Mr. Tam’s subjective consciousness.

When he witnessed Minh beating Dat, he ran to stop his son. His testimony was consistent with the witness testimony and other evidence in the case file. Therefore, Mr. Tam was not an accomplice with Minh in the act of Intentional Infliction of Injury.

As for Khang, the prosecutor determined that he was an accomplice with his brother, but when he committed the crime, he was only 11 years, 5 months and 20 days old, not old enough to be held criminally responsible. The investigation agency has notified Khang’s place of residence and school to coordinate management and education.

The victim’s family requested compensation of more than one billion VND. The defendant’s family has paid compensation of 100 million VND.

Regarding this, in court, Mr. Tam said that right after taking Dat to the hospital, he went home to prepare money and stayed at the hospital all night. “During the time Dat was at Hospital 108, I was there almost the whole time. When Dat’s mother filed a complaint with the police, my two children and I had to go to the police station to give statements and set up the scene, so we couldn’t go to the hospital,” Mr. Tam explained, saying that he asked his sister to go to the hospital on his behalf.

Mr. Tam said his family had to endure “cyber violence, a terrible wave of terrorism” after Dat’s death. His family received text messages, threats, curses, and dirty objects thrown at them at home…

Regarding the 1.2 billion VND requested by the victim’s family, Mr. Tam said this was too large an amount, so he requested the panel of judges to consider it according to the law.

Source: vnexpress.net

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