Foreign Investors Dump $870 Million in Vietnamese Stocks in a Single Month, Despite Market Resilience

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HO CHI MINH CITY, Nov 5 (Vietnam Insider) — Foreign investors turned heavy net sellers on Vietnam’s stock market in October, offloading nearly VND 22.2 trillion (USD 870 million) worth of shares — their sharpest monthly outflow of 2025 — even as the market’s total capitalization continued to rise modestly.

According to the Ho Chi Minh Stock Exchange (HoSE), the benchmark VN-Index closed October at 1,639.65 points, slipping slightly from the previous month amid volatile trading and sustained foreign sell pressure.

Trading Volume Eases, Tech and Consumer Stocks Lead Gains

Market activity moderated, with average daily trading volume dropping to 1 billion shares per session, valued at around VND 33.5 trillion (USD 1.3 billion) — down 8.5% in volume and 1.4% in value compared to September.

Despite the weaker turnover, six out of HoSE’s industry indices posted gains. The strongest performers were Information Technology (+10.9%), Consumer Discretionary (+7.2%), and Industrials (+3.5%), reflecting investors’ rotation into growth-oriented and export-driven sectors.

Massive Foreign Outflows Signal Risk-Off Sentiment

Total foreign trading value in October reached VND 189.2 trillion (USD 7.4 billion), accounting for 12.3% of total market activity. However, the net result was overwhelmingly negative, with foreign investors selling more than they bought by VND 22.2 trillion, underscoring persistent risk aversion toward emerging markets amid global rate uncertainty and shifting capital flows.

Analysts noted that the continued sell-off follows a broader regional trend, with overseas funds rotating toward safer assets after months of volatility in Asian equities. The heavy divestment also coincides with profit-taking after a strong third-quarter rally in Vietnam’s blue-chip stocks.

Market Structure and Capitalization Remain Strong

As of October 31, HoSE listed 669 securities, including 394 stocks, 4 closed-end funds, 18 ETFs, and 253 covered warrants, representing nearly 195.24 billion units of listed securities.

The total market capitalization of HoSE reached VND 7.25 quadrillion (USD 285 billion) — up 0.7% month-on-month — equivalent to 63% of Vietnam’s 2024 GDP and accounting for 94% of the nation’s total listed equity value.

HoSE currently hosts 50 companies valued above USD 1 billion, including three corporate giants with market caps exceeding USD 10 billion Vingroup (VIC) — Vietnam’s largest private conglomerate, Vietcombank (VCB) — the nation’s biggest lender by market value, and Vinhomes (VHM) — the country’s top property developer.

Outlook: Cautious Optimism Despite Foreign Retreat

Market strategists expect the VN-Index to remain range-bound in November as domestic funds continue to absorb foreign outflows. Local investors, buoyed by stable macroeconomic indicators and easing inflation, may provide near-term support — though sentiment could remain fragile ahead of anticipated Federal Reserve rate decisions and foreign exchange pressures.

“Foreign selling has been heavy but not panic-driven,” one Ho Chi Minh City–based analyst said. “Vietnam’s fundamentals remain attractive, and once global liquidity improves, we may see capital flowing back.”

For now, the contrast is clear: while foreign money exits, domestic resilience continues to underpin one of Asia’s most dynamic emerging markets.

Mitsubishi Power nhận hợp đồng nâng cấp hệ thống lò hơi cho Nhà máy Nhiệt điện Ô Môn 1

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Mitsubishi Power, thương hiệu giải pháp năng lượng của Tập đoàn Mitsubishi Heavy Industries, Ltd. (MHI), vừa được trao hợp đồng hỗ trợ dự án chuyển đổi nhiên liệu từ dầu sang khí tự nhiên tại Nhà máy Nhiệt điện Ô Môn 1 (TP. Cần Thơ, Việt Nam).

Mitsubishi Power sẽ cung cấp các thiết bị chính bao gồm các vòi đốt khí cho lò hơi là phần cốt lõi của hệ thống, tận dụng thế mạnh công nghệ là nhà sản xuất thiết bị gốc (OEM) của hệ thống lò hơi hiện tại, trong dự án chuyển đổi nhiên liệu, và góp phần cắt giảm phát thải CO. Ngoài ra, Mitsubishi Power cũng sẽ lắp đặt hệ thống khử xúc tác (SCR) giúp loại bỏ các NOx (nitơ oxit) trong khí thải, qua đó giúp nhà máy đáp ứng các quy định về môi trường một cách nghiêm ngặt hơn trong tương lai.

Nhà máy Nhiệt điện Ô Môn 1 gồm hai tổ máy, mỗi tổ có công suất 330 MW, lần lượt đi vào vận hành vào các năm 2009 và 2015, với tổng công suất đạt 660 MW. Toàn bộ hệ thống thiết bị chính của nhà máy do Mitsubishi Power cung cấp.

Dự án chuyển đổi nhiên liệu này do Tổng công ty Phát điện 2 (EVNGENCO2), đơn vị thành viên của Tập đoàn Điện lực Việt Nam (EVN) làm chủ đầu tư. Tham gia trong dự án, nhà thầu thiết kế, mua sắm và xây dựng (EPC) là liên danh giữa Tổng công ty Lắp máy Việt Nam (LILAMA) – doanh nghiệp thuộc Bộ Xây dựng Việt Nam và Tổng công ty Phát điện 3 (EVNGENCO3), đồng trực thuộc EVN. Mitsubishi Power được liên danh này lựa chọn cung cấp các thiết bị chính cho dự án. Công ty Mitsubishi Power Asia Pacific Pte. Ltd., thành viên của Tập đoàn Mitsubishi Heavy Industries (MHI) có trụ sở tại Singapore, sẽ đảm nhiệm hạng mục thiết kế kỹ thuật hỗ trợ EPC và cử chuyên gia sang Việt Nam để hỗ trợ kỹ thuật trong quá trình dự án triển khai.

Ảnh chụp tập thể tại buổi lễ ký kết

Phát biểu về việc được trao hợp đồng, ông Makoto Fujita, Giám đốc Cấp cao, Khối Kinh doanh Nhiệt điện Hơi nước- Hệ thống Năng lượng của Tập đoàn MHI, chia sẻ: “Kể từ khi Tổ máy 1 đi vào vận hành năm 2009, Nhà máy Nhiệt điện Ô Môn 1 đã đóng vai trò quan trọng trong việc đảm bảo nguồn điện cho khu vực Đồng bằng sông Cửu Long. Là đơn vị sản xuất thiết bị gốc (OEM) của nhà máy, chúng tôi rất tự hào khi tiếp tục được đồng hành cùng dự án chuyển đổi nhiên liệu này. Dự án không chỉ góp phần duy trì nguồn cung năng lượng ổn định, mà còn hỗ trợ mục tiêu giảm phát thải carbon của Việt Nam. Mitsubishi Power cam kết nỗ lực hết mình để hoàn thành dự án và tiếp tục hỗ trợ nhà máy vận hành an toàn, bền vững trong nhiều năm tới”.

Trước đó, vào tháng 8 năm nay, Mitsubishi Power đã ký hợp đồng cung cấp hai tua-bin khí thế hệ mới J-Series Air-Cooled (JAC) – thiết bị chủ lực của Nhà máy Điện Ô Môn 4, dự án tuabin khí chu trình hỗn hợp (GTCC) có công suất thiết kế 1.155 MW, nằm ngay cạnh Nhà máy Nhiệt điện Ô Môn 1. Dự án dự kiến hoàn thành vào năm 2028 và được xem là một trong những bước tiến quan trọng trong quá trình chuyển đổi năng lượng tại khu vực Đồng bằng sông Cửu Long. Cùng với việc cung cấp công nghệ GTCC tiên tiến cho Ô Môn 4, Mitsubishi Power cũng song hành cùng Việt Nam trong dự án chuyển đổi nhiên liệu cho Ô Môn 1, góp phần thực thi Quy hoạch Điện VIII – kế hoạch phát triển năng lượng quốc gia hướng tới đa dạng hóa nguồn cung, giảm phụ thuộc vào than đá và thúc đẩy sử dụng khí tự nhiên cùng năng lượng tái tạo. Những nỗ lực song hành này thể hiện cam kết lâu dài của Mitsubishi Power trong việc hỗ trợ Việt Nam đạt mục tiêu phát thải ròng bằng 0 vào năm 2050, thông qua các giải pháp năng lượng hiệu quả, sạch và bền vững.

Theo ông Akihiro Ondo, Tổng Giám đốc kiêm Giám đốc Điều hành của Mitsubishi Power Asia Pacific Pte. Ltd., chia sẻ: “Việt Nam hiện là quốc gia có tốc độ tăng trưởng GDP thực cao nhất trong nhóm năm nền kinh tế hàng đầu Đông Nam Á. Chúng tôi cam kết đồng hành cùng quá trình phát triển kinh tế của Việt Nam bằng cách mang đến các công nghệ tiên tiến và dịch vụ tận tâm, góp phần thúc đẩy tăng trưởng xanh và bền vững”.

Mitsubishi Power sẽ tiếp tục thúc đẩy việc ứng dụng rộng rãi các công nghệ có hiệu suất cao và độ tin cậy lớn, góp phần bảo đảm nguồn cung điện ổn định. Theo đó, đây cũng chính là nền tảng cho sự phát triển kinh tế toàn cầu. Bên cạnh đó, công ty nhấn mạnh cam kết hỗ trợ bảo vệ môi trường bằng cách đẩy mạnh quá trình khử carbon trong lĩnh vực năng lượng.

Vietnamese Entrepreneur Thai Huong Honored with Russia’s Order of Friendship from Vladimir Putin

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MOSCOW, Nov 4 (Vietnam Insider) — Madam Thai Huong, Chairwoman of the Strategic Council of TH Group and CEO of Bac A Bank, has been awarded the Order of Friendship by Russian President Vladimir Putin, recognizing her exceptional contributions to strengthening Vietnam–Russia cooperation in food security and sustainable agriculture.

The ceremony took place at the Kremlin Palace on November 4, where Huong was celebrated for her leadership in pioneering high-tech agricultural investments that have deepened bilateral ties between the two nations.

“I will continue to build upon what we have achieved, fostering friendship and prosperity between the peoples of Vietnam and Russia,” Huong said during the event. “Our scientists, farmers, and citizens will remain partners on fertile fields, generation after generation, for a better and happier life.”

From Fresh Milk to Global Recognition

Thai Huong founded TH Group in 2009, laying the foundation for Vietnam’s fresh milk revolution and positioning the company as a leader in green and circular economy practices. In 2015, she made a bold move abroad, launching a USD 2.7 billion investment program in Russia to develop a nationwide high-tech agricultural ecosystem stretching across Moscow, Kaluga, Bashkortostan, and the Primorsky Krai in the Far East.

The initiative established a vertically integrated network for dairy farming, grain cultivation, and food processing, supplying fresh, high-quality products to Russian consumers and creating new benchmarks for international agribusiness cooperation.

“We wanted to share Vietnam’s agricultural know-how and help address Russia’s dairy shortage,” Huong said. “It’s not only a business project but a bridge of technology, science, and shared values.”

Building One of Russia’s Largest Dairy Operations

TH Group’s Russian operations have grown into one of the country’s most advanced dairy projects. The company manages modern farms in Moscow and Kaluga with nearly 10,000 high-yield Holstein cows, imported from the U.S. and hand-selected by TH experts.

Each cow produces an average of over 40 liters of milk per day, among the highest yields in Russia. The fresh milk, known for its rich 4.0% fat and 3.2% protein content, is purchased by major multinational brands including Danoneand PepsiCo.

In May 2024, TH inaugurated its Kaluga Milk Processing Plant, located in a special industrial zone. The facility — one of the largest in the Russian Federation — has a processing capacity of 1,000 tons per day (with 500 tons in its initial phase) and produces a wide range of dairy products: pasteurized and UHT milk, Smetana, Yogurt, Kefir, Ryazhenka, butter, cheese, and ice cream.

Revitalizing Agriculture and Local Communities

The group is also developing grain and oilseed cultivation projects in Bashkortostan to bolster local food supply and reduce import dependence. These efforts have revived tens of thousands of hectares of abandoned farmland, generated over 500 local jobs, and contributed to the revitalization of Russia’s rural economy.

TH’s model of “sustainable agricultural diplomacy” has become a flagship example of successful Vietnam–Russia cooperation. The company aims to expand exports from Russia to other BRICS and Asia-Pacific markets while introducing organic and international-standard products developed on Russian soil.

Backed by the support of both governments, Thai Huong’s long-term vision — combining modern technology with responsible farming — is being hailed as a symbol of Vietnam’s growing global influence in sustainable agribusiness.

As the world grapples with food security and climate challenges, her recognition by Putin marks not only a personal honor but also a milestone in Vietnam’s expanding economic footprint abroad.

Vingroup Leads Market Gains as VN-Index Closes Higher Despite ‘Green Shell, Red Core’ Session

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HANOI, Nov 5 (Vietnam Insider) — Vietnam’s stock market ended Wednesday’s session slightly higher, but beneath the surface, most stocks remained in the red — a pattern local traders call “green shell, red core”. The VN-Index edged up to 1,655 points, driven primarily by a strong rally in Vingroup (VIC) shares.

Vingroup’s stock surged 2.74% to VND 206,500 (USD 8.15) per share, contributing more than 4 points to the benchmark index and making it the most positive influence on the market. Trading value in VIC reached nearly VND 439 billion (USD 17 million). Its hospitality arm Vinpearl (VPL) also gained 0.13%, extending the group’s upward momentum.

However, the rally wasn’t uniform across the Vingroup ecosystem. Shares of Vincom Retail (VRE) and Vinhomes (VHM) fell 2.99% and 0.6%, respectively, dragging on the broader index.

The divergence came as Forbes updated its billionaire rankings, showing Pham Nhat Vuong, chairman of Vingroup, seeing his net worth rise by USD 0.8 billion to USD 19.3 billion, placing him 125th globally — reflecting renewed investor optimism in his flagship conglomerate.

Despite the VN-Index’s green close, market breadth remained negative. On the Ho Chi Minh Stock Exchange (HoSE), 190 stocks declined while only 121 advanced. The HNX Index saw a similar trend, with 82 losers against 62 gainers, signaling continued caution among investors.

Several major blue chips — including Techcombank (TCB), Hoa Phat Group (HPG), FPT Corp (FPT), Asia Commercial Bank (ACB), and VPBank (VPB) — were among the top decliners weighing down the market.

Meanwhile, foreign investors turned net sellers again, offloading nearly VND 808 billion (USD 32 million) worth of equities. The heaviest selling pressure was seen in TCB, VRE, GEX, STB, VCB, VHM, SSI, and VIX.

Market analysts said the session highlighted a continued sectoral divergence, where select large-cap stocks — particularly in real estate and consumer sectors — helped prop up the index even as underlying sentiment remained fragile.

“This kind of market behavior reflects rotational capital flows,” one Ho Chi Minh City-based broker said. “Investors are selectively betting on stocks with strong fundamentals, but overall liquidity remains cautious.”

With VIC’s rebound providing short-term support, investors will be watching whether the broader market can sustain momentum beyond a few isolated gainers — or whether foreign selling and weak breadth will continue to cap the rally.

“Nguyen Tiu Mai’s Vinh Tan Album” Wins the “Green Practices Award”

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Recently, the entry “Nguyen Tiu Mai’s Vinh Tan Album,” submitted by China Southern Power Grid International (CSGI), stood out among nearly 2,000 entries from over 130 countries and regions worldwide and won the “Green Practices Award” at the Seventh Belt and Road Initiative Short Video Competition. Through its delicate cinematography and sincere emotional expression, the film tells a touching story of energy cooperation and green development between China and Vietnam, showcasing the active efforts of CSGI in promoting clean energy development and fostering cross-cultural integration.

https://www.facebook.com/reel/1927048227842166

Based on the green environmental practices and social responsibility initiatives of the Vinh Tan 1 Power Company (VTPC1), “Nguyen Tiu Mai’s Vinh Tan Album” vividly narrates, from the perspective of “Nguyen Tiu Mai,” the child of an employee of the VTPC1, the multifaceted stories of how the VTPC1 has improved the local ecological environment, preserved marine biodiversity in the surrounding areas, provided employment opportunities for local Vietnamese communities, and promoted green and sustainable development. The film directly demonstrates the company’s commitment and actions in advancing the green development of the Belt and Road Initiative.

This film uses the sounds of marine animals such as Bryde’s whale to guide the audience’s imagination, depicts reality with innocent hand-drawings, softens hard topics, and thus achieves cross-age and cross-regional dissemination and penetration, ultimately forming a global expression that is both infectious and socially influential. In the picture, the magnificent power plant facilities are integrated with the Vietnamese marine scenery, and the green concept of Chinese technology and the respect and tolerance of local culture complement each other, conveying that CSGI’s service to the high quality Belt and Road development is moving from “hard connectivity” and “soft connectivity” to “heart connectivity”.

As a key energy cooperation project under the Belt and Road Initiative, the VTPC1 aims to build an “advanced, reliable, and green” demonstration power plant, establish a comprehensive environmental protection system, and achieve “zero” wastewater discharge. Corals grew continuously on the breakwater of the power plant’s coal terminal, creating a “whale leaping out of the sea” scene in the harbor. The project also won the “Vietnam National Green Environment Award 2023”. During the construction and operation of the project, international environmental protection standards are strictly implemented, energy-saving and emission-reduction technologies are promoted, and local energy structure optimization and low-carbon transformation are facilitated.
This award is not only a recognition of CSGI’s practical achievements in the field of green energy, but also a full affirmation of the company’s cross-cultural communication and social responsibility fulfillment, becoming a “heartwarming business card” for China-Vietnam energy cooperation and cultural integration.

Hanoi BBQ Spot Becomes Viral Sensation Thanks to “Ugly-Cute” Dog That Stole the Internet

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Meet Tam — the bull terrier with a donkey face, a heart of gold, and a fanbase so big her owner fears being overwhelmed by crowds.

HANOI (Vietnam Insider) — A small barbecue restaurant tucked away in Thinh Quang Alley in Hanoi has suddenly become one of the city’s hottest spots — not for its grilled pork or spicy dipping sauce, but for its resident dog named Tam, whose “ugly-cute” face has made her an unlikely internet star.

The four-year-old bull terrier, known for her long snout, sharp ears, and expressive face, went viral after netizens noticed her resemblance to “Cậu Vàng,” a dog character from the trending Vietnamese indie game Brother Hai’s Pho Restaurant. When owner Xuan Minh jokingly commented online that his pet looked like the digital dog, he never expected the photo to explode across social media.

“People started sharing Tam’s picture everywhere,” Minh told reporter. “Now, customers come to the restaurant just to meet her. Some even bring snacks for Tam!”

Weighing 22 kilograms and raised by Minh’s family since she was a puppy, Tam has a playful personality that wins over visitors instantly. “At first, everyone said she looked like a donkey or a goat,” Minh laughed. “But once they meet her, they realize she’s incredibly friendly and smart. She even walks up to diners’ tables to beg politely for grilled meat.”

The restaurant, which has been operating for more than three years, serves grilled pork, toasted baguettes, snacks, and hotpot from 6 p.m. to midnight daily. But since Tam’s viral fame, business has skyrocketed. “We used to serve just locals,” Minh said. “Now, we’re full almost every night. If it keeps going like this, we might have to hire more staff — I’m worried we won’t be able to serve everyone!”

The “Tam effect” has turned the modest family-run eatery into a must-visit attraction, with customers snapping selfies, sharing videos on TikTok, and tagging the location as “the BBQ place with the cute weird dog.”

Minh, while grateful, hopes visitors will remain considerate. “We’re happy people love Tam,” he said. “But please come with kindness — we’re still just a small local restaurant.”

The story follows a growing trend in Vietnam, where local eateries gain fame thanks to their four-legged mascots. Last year, a grilled pork skewer shop in Ho Chi Minh City saw a similar boom after videos of its two corgis greeting customers went viral.

As for Tam, she seems unfazed by her new celebrity status. Between greeting guests and snagging free bites of barbecue, Hanoi’s newest canine icon is happily living her best — and busiest — life.

After Exiting Masan and Vingroup, Korea’s SK Group Eyes Major Energy and Tech Investments in Central Vietnam

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South Korea’s second-largest conglomerate pivots from financial holdings to long-term strategic projects in Thanh Hoa and Nghe An, signaling renewed confidence in Vietnam’s green and digital economy.

HANOI — Following its recent divestments from Masan Group and Vingroup, South Korea’s SK Group — valued at $270 billion and ranked among the world’s top 100 conglomerates — is preparing a new wave of direct investments in clean energy and high-tech infrastructure projects in Vietnam’s central provinces of Thanh Hoa and Nghe An, according to a report by the Ministry of Finance submitted to Deputy Prime Minister Nguyen Chi Dung.

The report confirms that SK, one of Asia’s most powerful private energy investors, is now working closely with Vietnamese authorities to complete investment procedures for several large-scale proposals in the renewable energy and semiconductor sectors. The ministry described SK as a “strategic partner with global technological capacity” and said cooperation with local governments was already underway.

From Financial Investor to Strategic Partner

Over the past decade, SK Group has invested more than $3.5 billion in Vietnam, mainly through equity purchases and strategic partnerships with leading domestic companies. But in recent years, the conglomerate has shifted gears — reducing its financial holdings to about $650 million to refocus on long-term industrial investments aligned with Vietnam’s sustainable growth agenda.

That pivot follows several headline exits. In 2024, SK sold its entire $1 billion stake in Vingroup, ending what had been seen as a landmark Vietnam–Korea partnership in smart cities and manufacturing. In October 2025, SK Invest VINA II, a subsidiary of SK Group, divested 42.6 million shares of Masan Group (MSN) worth $127 million, closing a seven-year partnership. SK also recently exited Imexpharm, selling its stake to a Chinese investor.

Rather than signaling retreat, these exits mark a strategic reset. SK is now positioning itself to build direct, large-scale projects — in clean energy, LNG, battery production, advanced materials, and semiconductor technology — sectors that align with both Vietnam’s national priorities and SK’s global expertise.

Anchoring in Central Vietnam’s New Industrial Belt

Sources familiar with the matter said SK is evaluating multiple projects in Thanh Hoa and Nghe An, two provinces emerging as industrial hubs in the North-Central Coast corridor, home to deep-sea ports, new industrial parks, and growing renewable infrastructure. If realized, these projects could form an integrated energy–materials–manufacturing supply chain supporting Vietnam’s green industrial strategy from 2026 to 2035.

Global Expertise Meets Local Ambition

SK’s clean energy arm, SK Innovation, valued at $75 billion, is Asia-Pacific’s largest private energy company. Following its merger with SK E&S in late 2024, the group established a vertically integrated LNG value chain, importing more than 5 million tons of liquefied natural gas annually, alongside growing operations in battery technology, renewable power generation, and hydrogen.

This expertise could prove pivotal for Vietnam’s transition to cleaner power and digital infrastructure. “SK Group represents exactly the kind of strategic investor Vietnam needs — one with both capital and deep technological capacity,” said a senior official at the Ministry of Finance.

Vietnam’s Green Future, Korea’s Industrial Bridge

Vietnam’s government has prioritized attracting investors into renewable energy, digital transformation, and carbon neutrality, and SK is seen as a cornerstone partner in those efforts. The ministry’s active coordination underscores Hanoi’s view of SK as a long-term, high-impact partner rather than a short-term financial player.

If successfully executed, SK’s projects could accelerate Vietnam’s transformation into a regional clean-energy and semiconductor hub, while strengthening Korea’s industrial footprint in Southeast Asia.

With its proven global track record and strong alignment with Vietnam’s green growth agenda, SK Group’s next chapter in Vietnam may well mark the beginning of a deeper, more technologically integrated partnership between the two nations — one built not on capital flows, but on shared innovation.

Korean Tourist’s Mother Lost in Phu Quoc — Local Shop Owner Helps Find Her, Refuses $500 Reward

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When a Korean tourist’s elderly mother with memory loss went missing in the island city of Phu Quoc, panic quickly spread through the family. But thanks to the quick thinking and compassion of a local fruit shop owner, the story had a heartwarming ending.

On the evening of November 2, Hoàng Phương — who runs a small fruit shop on Tran Hung Dao Street — noticed a distressed Korean man rushing toward him. Unable to communicate directly due to the language barrier, the man used a translation app to explain that his mother had wandered off near Long Beach Mart and hadn’t returned.

Understanding the urgency, Phương immediately checked his shop’s security cameras. After scanning footage for about 20 minutes, he spotted an elderly woman with a walking stick passing by his store — the missing tourist’s mother.

Without hesitation, Phương jumped on his motorbike, taking the Korean tourist along as they searched the nearby streets. Familiar with the island’s layout, he navigated through several main roads, asking street vendors and shopkeepers for clues.

Two hours later, the pair found the elderly woman, exhausted but safe, walking alone about five kilometers away. The Korean man was overwhelmed with relief — nearly in tears — as he reunited with his mother.

Back at Phương’s shop, the man tried to give him 500 USD (around 13 million VND) as a token of gratitude, but the shop owner politely declined.

“Helping someone in trouble is just the right thing to do,” Phương said. “I wanted him to know that Vietnamese people are friendly and always willing to help visitors.”

The story quickly spread across Vietnamese social media, praised as a touching example of Vietnamese hospitality and kindness — values that continue to define the country’s tourism culture.

Phu Quoc has seen a surge in South Korean visitors in 2025, with more than 725,000 arrivals in the first half of the year, up nearly 40% year-on-year. Many travel with family, drawn by the island’s beaches, resorts, and relaxed pace of life — and now, stories like this one.

EuroCham: Vietnam Sustains Stable Recovery, Emerging as a Quality-Driven Investment Hub

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European business leaders cite rising confidence and strong policy execution as Vietnam outpaces regional peers in growth and resilience.

HANOI — Vietnam continues to stand out as one of Asia’s most resilient economies, maintaining a stable post-pandemic recovery despite global headwinds, according to the European Chamber of Commerce in Vietnam (EuroCham). In its latest assessment, EuroCham described Vietnam as a “rare bright spot” in a turbulent global landscape — a country now competing on quality and sustainability rather than low costs.

EuroCham Chairman Bruno Jaspaert said European business confidence in Vietnam has reached its highest level in three years, with 76% of executives willing to recommend the country as an investment destination. “Vietnam is no longer just a low-cost alternative — it’s evolving into a high-quality, sustainable manufacturing and innovation hub,” Jaspaert noted.

Global institutions are echoing that optimism. HSBC and Standard Chartered have both upgraded Vietnam’s 2025 GDP growth forecasts, while the IMF, World Bank, and Asian Development Bank also revised their projections upward. These agencies now expect Vietnam to achieve or even surpass its 8% growth target, citing solid fiscal capacity and flexible policy management as key strengths.

Jaspaert praised the Vietnamese government’s agility and adaptability in navigating global volatility, crediting recent progress in administrative reform, investment facilitation, and infrastructure development. He highlighted the simplification of visa and work permit procedures, which nearly half of surveyed European companies recognized as a significant improvement in the latest Business Confidence Index (BCI).

EuroCham also commended Vietnam’s long-term vision for sustainable growth, digital transformation, and trade facilitation, as well as its open dialogue with the private sector. “EuroCham is proud to be one of the Government’s closest partners in this process,” Jaspaert said, pointing to the September visit of EU Commissioner Maroš Šefčovič as a milestone in bilateral cooperation. The visit resulted in a joint commitment to establish working groups aimed at resolving structural bottlenecks and accelerating policy implementation.

According to Jaspaert, Vietnam’s economic management has entered a new phase — shifting from policy formulation to execution, with a focus on transparency, accountability, and measurable outcomes. While challenges remain — such as uneven local implementation and the need for clearer frameworks on renewable energy and land use — the country’s determination to improve is “undeniable.”

“As someone who has lived and worked in Vietnam for over eight years, I can say with confidence that the government’s openness and the Vietnamese people’s dynamism are what make this market truly unique,” Jaspaert said. “With 80% of European businesses optimistic about Vietnam’s five-year outlook, trust and partnership will continue to be the foundation of sustainable growth.”

Vietnam, once defined by its affordability, is now increasingly defined by its competitiveness, stability, and strategic importance — a shift that may well secure its position as Southeast Asia’s next high-value growth engine.

Why Hanoi’s Youth Are Flocking to “Pho Anh Hai at No.10 Dan Phuong” — The Viral Vietnamese Game Blurring Reality and Fiction

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Over the past week, the phrase “Pho Anh Hai” and the mysterious address “No.10 Dan Phuong” have exploded across Vietnamese social media. Young people in Hanoi are typing the address into Google Maps, calling food delivery apps, and even driving to the outskirts of the city — all to find a pho restaurant that isn’t real.

The frenzy was sparked by a new Vietnamese indie game titled “Brother Hai’s Pho Restaurant” (Tiệm phở của anh Hai), created by a small group of young local developers. Despite zero official marketing, the game has gone viral thanks to user-shared clips and memes on TikTok and Facebook.

Set in a rural village in Dan Phuong District, just outside Hanoi, the game lets players step into the role of Anh Hai, a humble noodle shop owner serving steaming bowls of pho to quirky customers. But as players soon discover, beneath the game’s cozy surface lies an unexpectedly surreal and mysterious storyline.

Part of the game’s charm comes from its remarkable realism. Every detail — from the pale green walls and plastic stools to the chili jars, metal spoons, and familiar “no parking” posters — captures the aesthetic of a quintessential Vietnamese street eatery. Even the walls feature flyers advertising “concrete drilling” services and anti-drug slogans, details that instantly resonate with anyone who’s walked through Vietnam’s neighborhoods.

The gameplay starts simply: serve pho, earn money, and keep customers happy. But strange events soon unfold — odd customer behavior, eerie background sounds, and plot twists that hint at something much deeper than a cooking simulation.

Beyond its virtual world, Brother Hai’s Pho Restaurant has spilled over into real life. Countless users have searched for the supposed “Pho Anh Hai – No.10 Dan Phuong” on delivery apps and maps, hoping to visit the location themselves. Some have even shared photos of real pho shops in Dan Phuong, confusing many into believing the place actually exists.

A recent report from a Vietnamese ride-hailing platform showed a surge in searches for both “Pho Anh Hai” and “Dan Phuong No.10,” not just for rides but also in food delivery requests.

Analysts say the phenomenon highlights how authentic local culture — even in its simplest forms, like a pho stall or an old street sign — can inspire powerful creative movements.

“It doesn’t rely on flashy graphics or complex gameplay,” one player commented. “It’s just so Vietnamese — nostalgic, a little weird, and full of heart.”

Vietnam’s Nationwide Crackdown Reveals Over 19,000 Students Riding Motorbikes Illegally to School

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Vietnam’s traffic police have launched a nationwide inspection targeting illegal vehicle use by students, uncovering more than 19,000 violations in just two hours on Monday morning.

At 8 a.m. on November 4, Major General Đỗ Thanh Bình, head of the Traffic Police Department under the Ministry of Public Security, ordered a synchronized inspection across schools nationwide to curb underage driving and improve traffic safety near campuses.

According to official reports, officers in 30 out of 34 provinces and cities (excluding several areas affected by flooding and storms) inspected 2,219 parking lots both inside and around schools. The operation revealed 19,406 students operating motorbikes without meeting legal requirements, including many who lacked driving licenses or proper safety gear.

Of these, 6,474 vehicles were parked inside school grounds, while 12,932 were found in nearby parking areas. Police also found nearly 9,800 cases where students wore substandard or uncertified helmets.

Authorities have since summoned over 24,000 parents to local police stations to notify them of the violations and to sign written pledges not to allow their children to drive illegally.

In Hanoi, 44 inspection teams comprising 131 traffic officers and local police conducted surprise checks at middle and high schools. Some students were seen trying to hide or move their motorbikes upon learning of the inspections. However, undercover officers recorded their actions and later tracked the vehicles to issue formal citations.

In one instance, a 14-year-old student admitted taking his father’s motorbike to school, promising not to repeat the offense. Another 13-year-old confessed to buying his own unregistered motorbike to get around — with his parents’ knowledge.

Authorities say these inspections will continue nationwide as part of a broader campaign to improve youth road safety and hold parents accountable for violations involving minors.

How Foreigners Exempt from Work Permits Can Secure Long-Term Residency in Vietnam

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Vietnam’s Temporary Residence Card offers a legal, convenient path for foreign executives, investors, and spouses to stay long-term.

HANOI — Foreigners who are exempt from Vietnam’s work permit requirements can still obtain a Temporary Residence Card (TRC) — a crucial document allowing long-term stay and re-entry without repeated visa renewals. However, applicants must first secure an official Certificate of Work Permit Exemption issued by Vietnamese authorities.

Under current regulations, foreign managers, chief representatives, branch directors, major investors in local enterprises, and foreigners married to Vietnamese citizens are among those eligible for this exemption. The TRC, typically valid from two to five years, aligns with the duration of the exemption certificate and serves as proof of legal residence for both business and personal purposes.

To apply, foreigners must present a valid passport (minimum 13 months), the correct visa type (LĐ or DN), and a Certificate of Work Permit Exemption, along with a completed TRC application form and supporting documents. Careful preparation is essential, as errors or incomplete paperwork can delay approval.

The TRC not only simplifies living and working arrangements in Vietnam but also enhances mobility for professionals seeking long-term business opportunities in one of Southeast Asia’s fastest-growing economies.

For assistance with TRC procedures and documentation, GBS – Global Business Services LLC provides professional support for foreign individuals and enterprises seeking to legalize their stay and operations in Vietnam.

Contact: info@gbs.com.vn
Website: www.gbs.com.vn

Market Insider Launches as Global Platform Redefining Financial Intelligence

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New London-based hub delivers real-time market clarity through AI-powered insights and human expertise.

LONDON — Market Insider officially debuted today as a next-generation global financial intelligence platform, promising to bridge the gap between traditional finance, emerging markets, and the fast-evolving world of digital assets. The platform aims to empower investors, business leaders, and policymakers with the clarity they need to navigate markets that move at the speed of algorithms.

Built for an interconnected global economy, Market Insider delivers real-time coverage across equities, commodities, crypto, gold, and macro policy — transforming complex financial developments into clear, actionable insights. “A single policy shift in Washington, a trade deal in Asia, or an innovation in Europe can reshape global capital flows overnight,” said a spokesperson for INSIDER LLC, the publisher behind the platform. “Our mission is simple: to make global markets make sense — in real time.”

The platform combines the rigor of human financial journalism with AI-driven analytics, offering faster, smarter context than traditional media outlets. By connecting deep data with sharp editorial analysis, Market Insider positions itself as a key source for cross-border investors seeking transparency and opportunity — particularly in high-growth regions like Asia and Europe.

Part of INSIDER LLC, a multimedia network founded in 2017, Market Insider joins a portfolio of leading business news portals including VietnamInsiders.com, AsiaInsiders.net, VietnamStar.net, TheGBM.com, CryptoInsider.asia, and VietnamJournal.net — all focused on connecting readers to actionable intelligence across continents.

As financial ecosystems evolve under the influence of AI, policy shifts, and new capital corridors, Market Insider positions itself not just as a news outlet — but as a global intelligence network redefining how financial information powers decision-making in the digital age.

For media inquiries:
editor@marketinsider.net
https://marketinsider.net

Chinese National Escapes from Da Nang Hospital While in Police Custody — Still Wearing Leg Shackles

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Police in Da Nang have recaptured a Chinese suspect who escaped from a hospital while receiving medical treatment — even though one of his legs was still shackled.

The man, identified as Li Shang Ze, 31, had been in temporary detention for his alleged involvement in a case of unlawful imprisonment. Early on November 2, while under police escort at Da Nang Hospital, Li managed to flee around 4:30 a.m., heading toward the Hải Phòng–Ông Ích Khiêm intersection.

Local authorities immediately launched an intensive manhunt, deploying police forces across nearby wards and reviewing security camera footage. Notices were also circulated through neighborhood Zalo groups to alert residents.

After several hours on the run, Li was tracked down and arrested in the Ngũ Hành Sơn District — about five kilometers from where he escaped.

Photos shared by local media showed the suspect still wearing one side of his leg shackle at the time of capture.

Police are now investigating how Li managed to escape custody and whether any security lapses occurred during his hospital stay.

Vietnam Rolls Out 5-Year Visa-Free for Global Elites

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Vietnam Insider – Vietnam just flung open a golden door to the world’s most coveted minds and wallets—issuing five-year, multiple-entry visa waivers to select foreigners whose influence can supercharge its $430 billion economy, from semiconductor pioneers to market-cap titans and cultural icons, in a calculated bid to outmaneuver regional rivals Singapore and Thailand for high-stakes talent and capital.

Decree 221, signed August 8, green-lights invitations from Vietnam’s top leaders or ministries for categories including Fortune Global 100 executives, award-winning scientists, digital-tech chief engineers, and athletes ranked in the world’s top 100 by FIFA or equivalent bodies. Each recipient receives a chip-based or e-card granting 90-day stays per visit, extendable, with the Ministry of Public Security holding revocation power—a streamlined gateway absent until now.

The playbook is explicit: lure the human and financial capital driving TSMC’s $600 billion valuation or NVIDIA’s AI empire into Hanoi’s nascent chip hubs, while cultural heavyweights amplify soft power akin to Dubai’s art-fueled rebrand. Last year Vietnam attracted $36 billion in FDI; this visa gambit targets the next leap, mirroring UAE’s 10-year Golden Visa that pulled $10 billion in real estate alone.

For global boards, the signal is unambiguous—Vietnam is open for elite business at warp speed. Contrarian investors should front-run the influx: load up on VinGroup bonds and Hanoi land parcels before the first wave of wafer-fab CEOs lands and the talent arbitrage gap closes for good.

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