Proposed reform could reshape startup financing in Southeast Asia’s fastest-growing digital economy.
As governments worldwide race to modernize financial systems for the digital era, Vietnam is considering a policy shift that could dramatically expand access to capital for startups and small businesses. The country’s Ministry of Finance has proposed allowing small and medium-sized enterprises (SMEs) to use digital assets, intellectual property, and other intangible assets as collateral for bank loans — reducing Vietnam’s long-standing dependence on real estate-backed lending.
The proposal is part of a draft amendment to Vietnam’s Law on Support for Small and Medium Enterprises, currently open for public consultation. If approved, the move would mark one of the most progressive financing reforms in Southeast Asia, particularly for technology startups, innovation-driven companies, and firms operating in the digital economy.
Under the draft, banks and credit institutions would be encouraged to diversify acceptable collateral beyond traditional physical assets such as land and property. Eligible forms of collateral could include movable assets, future assets, property rights, intellectual property, intangible assets, digital assets, virtual assets, and other legally recognized forms of ownership.
The proposal reflects a broader strategic shift in Vietnam’s economic policy. For years, the country’s credit system has heavily favored businesses with real estate holdings, making it difficult for younger companies — especially in technology, AI, fintech, gaming, and digital services — to access financing despite strong growth potential. By recognizing intangible and digital assets, policymakers appear to be signaling support for a more innovation-led economy rather than one driven primarily by property speculation.
The draft law also introduces preferential treatment for sustainable businesses and green-transition projects. SMEs focused on environmental protection, circular economy initiatives, energy efficiency, and emissions reduction could receive easier access to credit guarantees, subsidized interest rates, seed funding, and tax incentives. The proposal additionally supports accelerated depreciation for green-transition assets and offers assistance for sustainability reporting, digital transformation, and ESG compliance.
For international investors, the implications go beyond Vietnam’s domestic banking system. The country has emerged as one of Asia’s most closely watched manufacturing and technology hubs, attracting billions of dollars in foreign direct investment as global companies diversify supply chains away from China. A financing framework that recognizes intellectual property and digital assets could accelerate the rise of Vietnamese tech firms and deepen the country’s integration into the global digital economy.
The bigger question is whether Vietnam is quietly laying the groundwork for a future where digital assets are treated not merely as speculative instruments, but as legitimate economic infrastructure. If implemented effectively, the reform could become a model for emerging markets seeking to unlock innovation without relying on real estate as the backbone of economic growth.
Vietnam is positioning itself as Southeast Asia’s next digital powerhouse as Amazon signals deeper long-term investment.
As global technology giants race to secure footholds in Southeast Asia’s fast-growing digital economy, Vietnam is emerging as a strategic battleground for artificial intelligence, cloud computing, and data infrastructure. In a high-level meeting in Hanoi this week, Vietnamese leader To Lam urged Amazon to expand its role in the country’s digital transformation push — underscoring Vietnam’s ambition to become a regional technology hub.
During talks at the Communist Party headquarters on May 22, To Lam met with David Zapolsky, Amazon’s Senior Vice President, Chief Global Affairs and Legal Officer. The Vietnamese leader praised Amazon’s decade-long business presence in Vietnam and highlighted the company’s contributions to economic development and the strengthening of Vietnam–U.S. ties.
The meeting comes at a critical moment for Vietnam’s economy. The country is aggressively repositioning itself from a low-cost manufacturing base into a higher-value digital and innovation-driven economy. Hanoi has accelerated reforms aimed at improving transparency, strengthening intellectual property protections, and creating a more favorable legal framework for high-tech foreign investment.
To Lam emphasized that economic, trade, and investment cooperation remain the core drivers of the Vietnam–U.S. Comprehensive Strategic Partnership, while science and technology cooperation is becoming a new breakthrough pillar in bilateral relations. He specifically called on Amazon to deepen collaboration in areas including data infrastructure, artificial intelligence, cloud services, and high-quality workforce training.
For Amazon, Vietnam represents one of Southeast Asia’s most promising long-term growth markets. With a young digital-native population, rising internet penetration, expanding e-commerce consumption, and increasing geopolitical diversification away from China, Vietnam has attracted growing interest from global tech firms and institutional investors alike.
Zapolsky said Amazon sees Vietnam as having the potential to become a leading technology nation in the region. He reaffirmed the company’s long-term investment commitment and expressed interest in expanding cooperation in cloud computing, AI, and big data — sectors expected to define the next phase of Vietnam’s economic modernization.
The meeting also reflects a broader geopolitical shift reshaping global supply chains and digital infrastructure investment across Asia. As U.S. technology companies seek stable and strategically aligned markets in the Indo-Pacific, Vietnam is increasingly positioning itself not merely as a manufacturing alternative, but as a future innovation and data economy hub.
The bigger question now is whether Vietnam can move fast enough to convert global tech interest into large-scale digital infrastructure investments before regional competitors like Indonesia, Malaysia, and Thailand capture the next wave of AI-driven capital flowing into Southeast Asia.
Authorities say the suspect targeted luxury baggage at Ho Chi Minh City’s busiest international gateway.
As Southeast Asia’s tourism boom drives record passenger traffic through major airports, Vietnam is facing a new challenge familiar to global travel hubs from London to Bangkok: organized baggage theft targeting international travelers. Vietnamese authorities have arrested a Russian national accused of stealing designer suitcases directly from baggage conveyor belts at Ho Chi Minh City’s crowded international airport — a case now raising broader questions about airport security and transnational theft networks in the region.
According to Vietnamese police, 26-year-old Russian citizen Gorb Aleksandr was detained at Tan Son Nhat International Airport after allegedly stealing luggage from arriving passengers at the airport’s international terminal. The airport is Vietnam’s busiest aviation hub and a key gateway for tourists, expatriates, investors, and business travelers entering Southeast Asia’s fastest-growing economy.
The arrest followed multiple complaints from passengers who reported missing bags and personal belongings while collecting checked luggage. Authorities said airport security officers began monitoring Aleksandr after observing suspicious behavior near the baggage claim area on April 13. After more than 30 minutes of surveillance, officers allegedly caught him taking two suitcases from separate international flights before attempting to exit the terminal.
Vietnamese broadcaster Vietnam Television reported that the suspect admitted he had arrived from Bangkok without checked baggage of his own. Investigators believe the operation may have been part of a larger cross-border theft scheme. Police say Aleksandr confessed to previously entering Vietnam from Thailand, stealing luxury luggage, and transporting the items back to Bangkok to hand them over to an alleged ringleader for resale.
The incident comes as Vietnam’s tourism industry continues its aggressive post-pandemic recovery. Ho Chi Minh City alone handles millions of international arrivals annually, while Tan Son Nhat airport has repeatedly struggled with overcrowding, long queues, and infrastructure pressure amid surging travel demand. For international visitors, airport security incidents can quickly influence perceptions of safety and travel reliability — critical factors for a country positioning itself as a premier destination for tourism, foreign investment, and digital nomad relocation.
Vietnamese authorities say the investigation is ongoing and could expand into a broader probe into organized baggage theft networks operating across Southeast Asia. The case also highlights a growing reality for international airports worldwide: as luxury tourism rises and designer travel goods become more visible, baggage claim areas are increasingly becoming targets for opportunistic and organized criminal activity.
For Vietnam, the bigger test may not be the theft itself, but how effectively authorities respond. In an era where one airport incident can spread globally within hours on TikTok, Facebook, and X, traveler confidence has become as important as tourism growth statistics.
An ozone scare, post-communist Poland, and a shipment of Vietnamese hats created a business boom — and a costly lesson in greed.
As global supply chains fracture and entrepreneurs race to capitalize on viral consumer trends, an old story from post-Cold War Europe offers a surprisingly modern lesson: sometimes the fastest fortunes are made not through technology, but through timing, scarcity, and human psychology.
In the early years after communism collapsed in Poland, a group of Vietnamese students stumbled into what would become an accidental import phenomenon. Their product was not electronics, luxury fashion, or financial assets. It was the traditional Vietnamese conical hat — the iconic nón lá now recognized worldwide as a symbol of Vietnam.
At the time, Poland was undergoing a painful transition from a centrally planned economy to a free-market system. Inflation was soaring, consumer goods were scarce, and newly empowered shoppers were spending aggressively before their cash lost value. For many immigrants and small traders, the chaos created extraordinary arbitrage opportunities.
The Vietnamese group began by importing low-cost garments and handicrafts from Asia into Polish shopping centers. But the breakthrough came unexpectedly one late night while watching television. A news report warned that depletion of the ozone layer could increase harmful UV exposure, advising people to wear hats outdoors during summer.
In Western and Central Europe, hats were relatively expensive fashion items, often handmade and sold at premium prices. The entrepreneurs immediately saw an opening: lightweight Vietnamese woven hats could be produced cheaply, shipped easily, and sold as practical sun protection during Europe’s short but intense summer season.
Within days, one member flew back to Vietnam to source suppliers in Đồng Nai and the Mekong Delta, regions known for traditional hat weaving. The team secured production at roughly 2,000 Vietnamese đồng per hat — a fraction of retail prices abroad — and air-freighted an initial shipment of 10,000 units to Poland for less than $2,000 in manufacturing costs.
The result was explosive.
The hats reportedly sold out almost immediately, even at prices nearly ten times higher than the purchase cost. Demand surged as consumers rushed to buy affordable sun protection, and word spread rapidly among Vietnamese traders across Europe. Soon, competitors were flying back to Vietnam to source similar products.
Then came the classic boom-to-bust mistake.
Flush with early profits, the group ordered 100,000 additional hats and switched from air freight to slower ocean shipping in an attempt to maximize margins. But by the time the cargo arrived weeks later, the market had already been flooded by rivals. Demand collapsed. Inventory piled up. Prices crashed.
The financial losses were severe enough to fracture the friendship behind the business itself. According to the storyteller, the remaining inventory was eventually divided among partners “as assets,” and it took years to clear the unsold stock.
Today, the story reads less like a nostalgic immigrant anecdote and more like a case study in modern speculative cycles — from meme stocks and cryptocurrency rallies to pandemic-era supply shortages. The same dynamics repeat across markets: scarcity creates opportunity, speed generates profit, and greed destroys discipline.
For international readers, the deeper relevance lies in how Vietnam’s entrepreneurial diaspora has long operated as an informal global trade network, often spotting market inefficiencies faster than larger corporations. Long before terms like “micro-globalization” or “cross-border e-commerce” became fashionable, small Vietnamese traders were already building agile international supply chains with little capital and sharp instincts.
The lesson may be timeless: in business, the hardest skill is rarely finding opportunity. It is knowing when enough is enough.
Trong bối cảnh chi phí y tế và áp lực tài chính liên quan đến sức khỏe ngày càng gia tăng, Prudential Việt Nam tiếp tục mở rộng hành trình “Yên tâm vui khỏe” thông qua việc giới thiệu giải pháp bảo vệ nền tảng mới – Sản phẩm bảo hiểm tử kỳ PRUYên Tâm Vui Khỏe. Đây là bước tiếp theo trong định hướng tăng cường các giải pháp bảo vệ sức khỏe và tài chính toàn diện đến các gia đình Việt.
Tảng băng chìm phía sau những rủi ro sức khỏe
Theo dữ liệu của World Bank tính đến năm 2023, chi phí người Việt tự chi trả vẫn chiếm khoảng 38% tổng chi tiêu y tế. Điều này cho thấy, viện phí thực tế thường chỉ là phần nổi của “tảng băng chìm” chi phí khi một rủi ro sức khỏe xảy ra, nhiều gia đình vẫn có thể đối mặt với áp lực tài chính khi phát sinh các nhu cầu điều trị và chăm sóc sức khỏe ngoài dự kiến.
Phía sau các chi phí điều trị là nhiều áp lực dài hạn hơn như gián đoạn thu nhập, chi phí sinh hoạt, trách nhiệm chăm sóc gia đình hay những kế hoạch tài chính bị ảnh hưởng. Đặc biệt với nhiều gia đình trẻ và người trụ cột, một biến cố sức khỏe lớn không chỉ tác động đến hiện tại mà còn ảnh hưởng đến sự ổn định của cả gia đình trong tương lai.Từ thực tế đó, Prudential Việt Nam tiếp tục theo đuổi định hướng xây dựng các gói giải pháp bảo vệ đa lớp, giúp khách hàng chủ động chuẩn bị cho nhiều tầng rủi ro khác nhau liên quan đến sức khỏe và tài chính.
“Yên tâm” không đến từ một lớp bảo vệ duy nhất
Tiếp nối sản phẩm hỗ trợ viện phí mở rộng vừa ra mắt tháng 3 vừa qua, giúp khách hàng giảm áp lực tài chính trong thời gian điều trị, Prudential Việt Nam tiếp tục mở rộng hành trình “Yên tâm vui khỏe” với Sản phẩm bảo hiểm tử kỳ PRUYên Tâm Vui Khỏe – giải pháp đơn giản, dễ hiểu, dễ mua, tập trung vào nhu cầu bảo vệ cốt lõi nhất. Với một mức phí hợp lý, khách hàng vẫn có đầy đủ quyền lợi thiết yếu về nhân thọ và gia tăng bảo vệ sức khỏe với các sản phẩm bảo hiểm bán cùng, để yên tâm sống vui mỗi ngày.
Theo đó, khách hàng có thể chủ động kết hợp thêm các lớp bảo vệ là các sản phẩm bảo hiểm bán cùng liên quan đến chăm sóc sức khỏe, hỗ trợ viện phí, bệnh lý nghiêm trọng hay tai nạn, từ đó từng bước hoàn thiện kế hoạch bảo vệ toàn diện cho bản thân và những người thân yêu.
Từ bảo vệ khi rủi ro xảy ra đến “yên tâm để sống vui khỏe”
Không chỉ tập trung vào kịch bản xấu nhất, sản phẩm bảo hiểm tử kỳ PRUYên Tâm Vui Khỏe của Prudential Việt Nam hướng đến việc giúp khách hàng chủ động xây dựng nền tảng tài chính vững vàng để an tâm tận hưởng cuộc sống mỗi ngày.
Theo đó, sản phẩm này được thiết kế theo hướng:
Đơn giản và dễ tiếp cận hơn với khách hàng
Linh hoạt theo từng nhu cầu bảo vệ khác nhau của khách hàng
Từng bước hình thành nhiều lớp bảo vệ cho sức khỏe và tài chính gia đình
Việc kết hợp giữa bảo vệ tài chính nền tảng cùng các giải pháp chăm sóc sức khỏe được kỳ vọng sẽ giúp khách hàng có thêm sự chuẩn bị trước những rủi ro ngày càng khó lường trong cuộc sống hiện đại.
Ông Phùng Bá Khang, Phó Tổng Giám đốc Khối Khách hàng, Tiếp thị và Sản phẩm của Prudential Việt Nam, chia sẻ: “Chúng tôi tin rằng sự yên tâm của mỗi gia đình không chỉ đến từ việc chuẩn bị cho chi phí điều trị, mà còn từ khả năng duy trì sự ổn định tài chính khi đối mặt với những rủi ro lớn trong cuộc sống. Xuất phát từ trọng tâm bảo vệ sức khỏe và các chi phí y tế, Prudential Việt Nam mở rộng cách tiếp cận sang các rủi ro tài chính dài hạn – nơi những giải pháp bảo vệ thiết yếu, đơn giản và dễ tiếp cận như bảo hiểm nhân thọ có kỳ hạn đóng vai trò như một lớp nền quan trọng. Với tính linh hoạt cao, các giải pháp này giúp khách hàng chủ động xây dựng hệ thống bảo vệ nhiều tầng, kết hợp hài hòa với các lá chắn chăm sóc sức khỏe toàn diện cho bản thân và gia đình.”
Việc tiếp tục mở rộng các giải pháp bảo vệ sức khỏe cho thấy định hướng dài hạn của Prudential Việt Nam trong việc đồng hành cùng khách hàng không chỉ ở khía cạnh bảo vệ tài chính, mà còn trong việc xây dựng sự yên tâm và ổn định cho cuộc sống gia đình trước những thay đổi và rủi ro của xã hội hiện đại.
Vietnam continues to position itself as one of the most attractive destinations for international business expansion in Southeast Asia. With strong economic growth, rising consumer demand, expanding manufacturing capabilities, and increasing foreign investment, the country is expected to remain a strategic market for global companies in 2026.
However, while the opportunities are significant, entering the Vietnam market is rarely straightforward. Companies looking to succeed must understand local business culture, distribution structures, regional differences, and evolving consumer behavior. Vietnam rewards businesses that take a long-term approach and invest in strong local partnerships rather than expecting quick wins.
Why Vietnam Continues to Attract Foreign Businesses
Over the last decade, Vietnam has transformed from a low-cost manufacturing destination into one of Southeast Asia’s most dynamic business environments. The country benefits from a young workforce, improving infrastructure, competitive production costs, and deeper integration into global trade networks.
Vietnam’s economic momentum has remained strong heading into 2026. According to IMF projections, the country’s GDP is expected to reach over USD 527 billion in 2026, with forecasted growth around 7.1%, following strong performance in 2025. This continued growth reinforces Vietnam’s position as one of the region’s most attractive destinations for manufacturing, sourcing, and commercial expansion.
For many international companies, Vietnam is no longer viewed only as an alternative sourcing location. It is increasingly becoming both a production hub and a long-term consumer market. As global supply chains continue to diversify, more businesses are looking at Vietnam as part of a broader Asia market entry strategy.
The country’s strategic location also allows companies to connect efficiently with regional ASEAN markets while benefiting from multiple free trade agreements with Europe, the United States, and other international partners.
In FVSource’s latest discussion, the team shared insights from their experience as a Vietnam-based market entry consulting company, exploring why entering the Vietnam market requires far more than simply finding distributors or suppliers. From navigating fragmented distribution channels to building long-term local partnerships, the conversation highlights the practical realities foreign businesses face when expanding into Vietnam.
Manufacturing and Supply Chain Opportunities in Vietnam
Manufacturing remains one of the strongest business opportunities in Vietnam in 2026. Industries such as furniture, electronics, textiles, industrial products, packaging, and consumer goods continue to attract foreign investment.
Over the years, Vietnam’s manufacturing ecosystem has become significantly more mature. Many suppliers now have extensive experience working with international buyers, export standards, and global compliance requirements. This evolution has made Vietnam increasingly attractive for companies seeking long-term sourcing and production partnerships.
At the same time, global businesses are becoming more cautious about supply chain concentration risks. Rather than relying entirely on one country, many companies are building diversified sourcing strategies that include Vietnam as a key production base.
Still, entering Vietnam’s manufacturing market requires careful supplier evaluation, factory assessment, and relationship management. While the opportunities are substantial, companies that rush supplier selection without proper due diligence often face operational and quality challenges later on.
The Growth of Vietnam’s Consumer and Retail Market
Vietnam’s domestic market is also evolving rapidly. Rising income levels, urbanization, and digital adoption are driving demand across multiple industries, particularly in retail, lifestyle products, food and beverage, consumer electronics, and healthcare.
Modern retail formats continue to expand throughout major cities, while e-commerce platforms and social commerce channels are changing how consumers discover and purchase products. Vietnamese consumers are increasingly connected, mobile-driven, and open to international brands.
However, consumer behavior in Vietnam remains highly localized. Market dynamics in Ho Chi Minh City can differ significantly from those in Hanoi or other regional provinces. Purchasing behavior, pricing sensitivity, and customer expectations often vary depending on geography and demographics.
For foreign brands entering Vietnam in 2026, localization is becoming more important than ever. Companies that adapt their communication, pricing, product positioning, and sales channels to the local market tend to build stronger long-term brand presence.
FVSource consultant learning products made in Vietnam and supporting with entering the Vietnamese market
One of the biggest shifts happening in 2026 is the way foreign companies approach Vietnam market entry. Rather than pursuing aggressive nationwide expansion immediately, many businesses are adopting more gradual and structured growth strategies.
In practice, this often means entering the market through local distributors, testing products in selected cities, and developing partnerships before scaling operations further. Companies are becoming more focused on learning the market first instead of forcing rapid expansion.
This shift reflects the reality of doing business in Vietnam. Building market credibility takes time, and distribution networks are often more relationship-driven than many foreign businesses initially expect.
Another growing trend is the use of hybrid sales models. Instead of relying entirely on distributors or building a fully internal sales structure from the beginning, companies are combining both approaches. Local distributors handle market execution and customer access, while foreign brands maintain strategic oversight through smaller local teams or regional representatives.
This model allows businesses to reduce operational risks while staying closer to customers, pricing strategies, and brand positioning.
Distribution Challenges and Sales Strategy in Vietnam
Distribution remains one of the most important, and misunderstood, aspects of doing business in Vietnam.
Many foreign companies underestimate the complexity of the country’s distribution structure. In reality, Vietnam’s market can be highly fragmented, especially outside major urban centers. In some industries, products may pass through multiple layers of distributors, wholesalers, and retailers before reaching end customers.
As a result, selecting the right local partners becomes critical. Strong distributors do more than simply sell products. They provide market knowledge, existing customer relationships, operational support, and credibility within the local business ecosystem.
At the same time, managing distribution in Vietnam requires clear alignment on pricing, territory management, and sales expectations. Without proper coordination, companies may experience channel conflicts between distributors or inconsistent brand positioning across regions.
Businesses entering Vietnam in 2026 are increasingly recognizing the importance of long-term relationship management rather than focusing only on short-term sales performance.
MoveToAsia – One of the Market Entry Agencies in Vietnam for SMEs
Vietnam’s digital economy continues to grow rapidly, creating new opportunities for both B2B and B2C companies.
The rise of online marketplaces, social commerce, livestream selling, and mobile-first consumer behavior is reshaping how brands approach sales and marketing. Digital channels are becoming an essential part of market entry strategies, especially for consumer-focused businesses.
However, digital success in Vietnam still depends heavily on local execution. International brands that simply replicate Western digital strategies often struggle to connect with local audiences. Vietnamese consumers tend to respond strongly to localized content, community engagement, influencer marketing, and relationship-based communication.
For many businesses, the most effective strategy combines both online and offline channels. Digital platforms may generate awareness and customer engagement, but physical distribution networks and local partnerships still play a major role in long-term growth.
Regional Differences Matter More Than Many Companies Expect
One of the most common mistakes foreign businesses make is treating Vietnam as a single unified market.
In reality, there are significant regional differences that can influence sales strategy, partnership development, and customer behavior.
Ho Chi Minh City is generally seen as more commercially dynamic and internationally oriented, with a strong entrepreneurial culture and fast-moving consumer environment. Hanoi, on the other hand, often operates with a more traditional and relationship-focused business culture.
These differences can impact everything from negotiation style and decision-making speed to product positioning and distribution strategy.
Companies that understand these regional nuances are often better positioned to build stronger local relationships and develop more effective market entry plans.
Why Patience Remains Essential for Market Entry
One of the recurring themes among successful foreign businesses in Vietnam is patience.
Vietnam is a high-potential market, but results rarely happen overnight. Building trust with distributors, suppliers, customers, and business partners often takes longer than expected. Market credibility is usually earned gradually through consistency, local presence, and long-term commitment.
Many companies enter Vietnam expecting immediate growth and become frustrated by slower-than-expected progress. In reality, sustainable success often comes from businesses that are willing to invest in relationship building and gradual market development.
This long-term perspective is especially important in B2B industries, where partnerships and trust can significantly influence purchasing decisions.
Vietnam is a gateway for market entry into Southeast Asia.
What Successful Companies Are Doing Differently in 2026
The businesses performing well in Vietnam today are typically those that combine strategic planning with local adaptability.
Rather than forcing a standardized global model into the market, successful companies take time to understand Vietnam’s unique business environment. They invest in local partnerships, remain flexible in execution, and adapt their strategies based on market feedback.
Many are also combining manufacturing, sourcing, distribution, and commercial expansion into broader regional Southeast Asia strategies. Instead of viewing Vietnam only as an isolated market, they see it as part of a long-term regional growth platform.
This mindset is becoming increasingly important as ASEAN economies become more interconnected and supply chains more regionally integrated.
Final Thoughts
Vietnam continues to offer major business opportunities for international companies in 2026. From manufacturing and sourcing to retail, distribution, and digital commerce, the market presents strong long-term growth potential across multiple industries.
At the same time, successful market entry requires more than identifying demand. Companies must understand local distribution dynamics, relationship-driven business culture, regional differences, and evolving consumer behavior.
The businesses that succeed in Vietnam are usually those that approach the market with patience, flexibility, and a long-term commitment to building local credibility.
For foreign companies serious about expanding in Southeast Asia, Vietnam remains one of the region’s most promising and strategic growth markets, but entering the market the right way continues to make all the difference.
Công ty TNHH Bảo hiểm Nhân thọ Prudential Việt Nam (“Prudential”) tiếp tục được vinh danh trong Top 10 Doanh nghiệp vì Cuộc sống Cộng đồng tại Giải thưởng Rồng Vàng 2026 do Hội Khoa học Kinh tế Việt Nam và Tạp chí Kinh tế Việt Nam – VnEconomy, Vietnam Economic Times tổ chức.
Giải thưởng năm nay tôn vinh 50 doanh nghiệp có vốn đầu tư trực tiếp nước ngoài (FDI) tiêu biểu với thành tích nổi bật về hiệu quả kinh doanh, uy tín thương hiệu, trách nhiệm xã hội, phát triển bền vững và chuyển đổi số.
Theo báo cáo tài chính năm 2025, Prudential duy trì nền tảng tài chính vững mạnh với tổng tài sản đầu tư đạt 180.837 tỷ đồng, biên khả năng thanh toán trên 200% và tổng chi phí bồi thường và chi trả quyền lợi bảo hiểm khác gần 16.500 tỷ đồng. Prudential cũng thuộc nhóm doanh nghiệp đóng góp ngân sách nhà nước ở mức hàng nghìn tỷ đồng mỗi năm, thể hiện cam kết đầu tư dài hạn và đóng góp thiết thực cho nền kinh tế Việt Nam.
Ông Conor M. O’Neill, Phó Tổng Giám đốc Tài chính Prudential Việt Nam, chia sẻ: “Việc liên tiếp được vinh danh tại Giải thưởng Rồng Vàng trong nhiều năm là sự ghi nhận đầy ý nghĩa cho hành trình gần 27 năm Prudential đồng hành cùng các gia đình Việt và đóng góp vào sự phát triển của Việt Nam. Thành tựu này còn minh chứng cho niềm tin mà Prudential Việt Nam đã tạo dựng được trong suốt những năm qua. Bên cạnh đó, sự ghi nhận này tiếp tục khẳng định năng lực tài chính vững mạnh, chất lượng dịch vụ cùng cam kết bền bỉ của Prudential Việt Nam đối với tính minh bạch, chính trực và trách nhiệm — những nền tảng giúp chúng tôi mang đến sự yên tâm trọn vẹn cho khách hàng trong hành trình bảo vệ tương lai tài chính của gia đình họ. Chúng tôi cũng rất vui mừng khi cả ba đối tác ngân hàng quốc tế của mình — Standard Chartered Bank, UOB Việt Nam và HSBC — cùng được vinh danh tại giải thưởng năm nay. Điều này tiếp tục khẳng định sức mạnh và chất lượng của các mối quan hệ hợp tác quốc tế đang đồng hành cùng chúng tôi trong việc phục vụ khách hàng tại Việt Nam.”
Bên cạnh hoạt động kinh doanh, Prudential tiếp tục lan tỏa những giá trị tích cực cho cộng đồng. Trong giai đoạn 2024–2025, công ty đã đầu tư hơn 28 tỷ đồng cho các chương trình xã hội, hỗ trợ trực tiếp hơn 99.000 người trên toàn quốc.
Việc Prudential nhiều năm liên tiếp được vinh danh tại Giải thưởng Rồng Vàng là minh chứng rõ nét cho năng lực tài chính vững mạnh, uy tín hàng đầu và cam kết đồng hành lâu dài cùng sự phát triển bền vững của Việt Nam, qua đó khẳng định sứ mệnh “Mang yên tâm trọn vẹn đến mỗi gia đình Việt”.
The incident highlights rising risks to global energy flows as Vietnam emerges as a critical Asian refining hub.
Global energy markets are once again being forced to confront the fragility of the Strait of Hormuz after a supertanker carrying Iraqi crude oil to Vietnam resumed its journey following a rare five-day hold-up involving the U.S. Navy. The episode underscores how geopolitical tensions around Iran are increasingly disrupting Asian energy supply chains — with Vietnam now directly caught in the middle of one of the world’s most sensitive maritime flashpoints.
The Malta-flagged Very Large Crude Carrier Agios Fanourios I is now sailing toward Vietnam’s Nghi Son refinery after receiving approval from the U.S. Navy, according to the vessel’s Athens-based manager. The tanker, capable of carrying up to two million barrels of oil, had abruptly reversed course in the Gulf of Oman on May 11 after leaving the Strait of Hormuz, triggering widespread speculation across shipping and commodity markets.
The U.S. military’s Central Command later confirmed the vessel had been redirected as part of enforcement measures linked to Washington’s blockade against Iran. Although the tanker was carrying Iraqi crude rather than Iranian oil, the incident highlights how heightened maritime scrutiny is affecting even non-Iranian cargoes transiting one of the world’s most strategic energy chokepoints.
Shipping data from LSEG shows the vessel resumed its voyage toward Vietnam on May 16 and is expected to arrive at the Nghi Son refinery by May 30. Located in northern Vietnam, the refinery is one of Southeast Asia’s most important energy facilities and plays a critical role in supplying fuel to Vietnam’s fast-growing manufacturing economy — an economy increasingly integrated into global supply chains as foreign direct investment continues shifting toward the country.
The disruption comes at a particularly tense moment for global shipping. Before the escalation surrounding Iran, roughly 20% of the world’s energy supplies passed daily through the Strait of Hormuz, making it one of the most economically vital waterways on the planet. But confidence among shipowners and insurers has deteriorated sharply in recent weeks. Clarksons, one of the world’s largest shipbrokers, warned Monday that “shipping confidence around Hormuz is still very weak.”
Despite limited traffic, some movement through the strait has resumed. Satellite analytics firm SynMax reported that 12 ships crossed the passage within the past 24 hours, including liquefied petroleum gas tankers bound for India. Still, energy traders remain highly sensitive to any signs of escalation, fearing renewed volatility in oil prices, freight rates, and insurance costs.
For Vietnam, the incident is a reminder of both its growing economic importance and its vulnerability. As the country positions itself as a manufacturing alternative to China and a rising industrial power in Southeast Asia, stable energy imports are becoming a strategic necessity rather than merely a commercial concern.
The bigger question now is whether global energy markets are entering a new era where geopolitical risk premiums become permanent — not exceptional. If so, fast-growing economies like Vietnam may find themselves increasingly exposed to conflicts unfolding thousands of kilometers away, even as they become more central to the future of global trade.
New Ebola outbreak in Congo and Uganda raises fears of cross-border spread and global health risks
As global health systems remain on alert after the Covid-19 era, the World Health Organization has declared a new Ebola outbreak in Central Africa a “public health emergency of international concern,” signaling growing fears over the virus’s spread across borders in one of the world’s most fragile regions.
The emergency declaration follows confirmed Ebola cases in both the Democratic Republic of the Congo and Uganda, with health authorities warning that the true scale of the outbreak may be significantly larger than current official figures suggest. According to the WHO, the outbreak involves the Bundibugyo strain of Ebola — a highly infectious virus transmitted through bodily fluids including blood and semen.
As of May 16, authorities in Congo had recorded eight laboratory-confirmed cases, 246 suspected infections, and 80 suspected deaths. Meanwhile, Uganda reported two confirmed cases, including one fatality, involving individuals who had recently traveled from Congo. WHO officials said the lack of a clear epidemiological connection between the Ugandan cases has heightened concerns about undetected community transmission and regional spread.
Despite the emergency declaration, the WHO stopped short of classifying the situation as a pandemic-level threat. However, the agency emphasized that there are still “significant uncertainties” surrounding both the actual number of infections and the geographic reach of the outbreak.
Ebola remains one of the world’s deadliest viral diseases, with mortality rates in some outbreaks reaching as high as 50%. While Congo has extensive experience responding to Ebola crises, the country faces severe logistical obstacles due to its vast territory, weak infrastructure, and ongoing armed conflicts across several provinces. Delivering medical staff, vaccines, and emergency supplies to remote outbreak zones continues to be a major operational challenge.
The development also carries broader implications beyond Africa. Investors, airlines, humanitarian agencies, and global supply chain operators are closely monitoring the situation, particularly as international travel and cross-border mobility have rebounded sharply in recent years. Health experts warn that delayed containment in politically unstable regions can rapidly evolve into wider international crises.
The latest Ebola emergency is a reminder that global health security remains deeply interconnected. In a world shaped by constant mobility, fragile healthcare systems in one region can quickly become a concern for markets, governments, and travelers worldwide — raising a difficult question for policymakers: has the world truly strengthened its pandemic preparedness, or merely moved on from the last crisis?
Major shareholders exit as Vietnam’s securities boom fuels record revenue growth at Vietcap.
As Vietnam’s stock market positions itself as Southeast Asia’s next major capital market story, insider transactions at Vietcap Securities are drawing fresh scrutiny from investors watching the country’s fast-evolving financial sector. A series of high-profile share sales linked to company insiders and affiliated investment funds comes at a time when Vietnam’s brokerage industry is benefiting from surging trading activity, margin lending demand, and renewed foreign investor interest ahead of the country’s anticipated market upgrade.
Vietnam Discovery Investment Fund, known locally as Quỹ Đầu tư Bản Việt Discovery, disclosed that it had sold all 135,000 shares of Vietcap between May 6 and May 8 through exchange-matched transactions, fully exiting its position in the brokerage firm. The fund is chaired by Nguyen Thanh Phuong, who also serves as Chairwoman of Vietcap. Despite the fund’s exit, Phuong personally remains a shareholder with roughly 30.8 million VCI shares, equivalent to 2.68% ownership.
The divestment follows another insider-related transaction earlier this year. Between March 10 and March 25, Viet Capital Fund Management — the management company overseeing the Discovery Fund — sold 218,300 VCI shares, reducing its stake from 0.08% to 0.05%.
Investor attention intensified further after To Hai’s spouse, Truong Nguyen Thien Kim, sold her entire 16.91 million-share stake in Vietcap through negotiated transactions between April 15 and May 4. The block represented approximately 1.47% of the company’s charter capital. Following the transaction, Kim no longer holds any VCI shares, while To Hai continues to own more than 174 million shares, equivalent to 15.19% of the company.
The insider selling activity comes against the backdrop of sharply improving business performance. In the first quarter of 2026, Vietcap reported operating revenue exceeding VND1.4 trillion ($55 million), up 65% year-on-year. The company benefited from strong gains in trading assets, brokerage activity, and margin lending as Vietnam’s equity market experienced a resurgence in liquidity and retail participation.
Revenue from financial assets measured at fair value through profit or loss (FVTPL) contributed more than VND500 billion, while brokerage income more than doubled to nearly VND340 billion. Lending and receivables income rose 61% to almost VND415 billion, underscoring how securities firms in Vietnam are increasingly functioning as shadow banking and wealth management platforms alongside traditional brokerage operations.
Still, profitability growth lagged revenue expansion due to rising costs. Operating expenses doubled to VND632 billion amid heavier brokerage and trading-related losses, while financial expenses jumped nearly 90%. Net profit after tax reached approximately VND341 billion, up 16% from a year earlier.
By the end of March 2026, Vietcap’s total assets had climbed to nearly VND37.1 trillion ($1.45 billion). Its balance sheet remains heavily exposed to margin lending and equity investments, with over VND16.6 trillion allocated to loans and more than VND13 trillion invested in available-for-sale assets. The firm also increased exposure to several major Vietnamese stocks, including FPT Corporation, Mobile World Investment Corporation, and Masan Consumer.
The timing of these insider exits is likely to fuel debate among investors: are major shareholders simply taking profits after a strong rally, or signaling caution as Vietnam’s market enters a more volatile phase? With Vietnam pushing toward emerging market status and global funds increasingly hunting for exposure to Southeast Asia’s growth story, moves inside firms like Vietcap may offer an early read on where smart money believes the market is heading next.
Ho Chi Minh City turns bánh mì into a tourism powerhouse while tightening food safety standards after recent poisoning cases.
As global travelers increasingly seek authentic culinary experiences in Southeast Asia, Vietnam is betting that one of its most iconic street foods — the bánh mì sandwich — can become both a tourism magnet and a soft-power export. In Ho Chi Minh City, the fourth annual Vietnam Bánh Mì Festival attracted more than 250,000 visitors over four days, highlighting the growing commercial and cultural value of Vietnam’s street food economy.
The event, held from April 23 to 26, saw attendance rise 20% from last year, according to the Ho Chi Minh City Tourism Association. Long queues formed throughout the festival as both locals and international tourists crowded into tasting zones, artisan stalls, and culinary showcases dedicated to the country’s globally recognized baguette sandwich.
But this year’s festival unfolded under unusual pressure. Vietnam has recently faced several food poisoning incidents linked to bánh mì vendors, raising broader concerns about food hygiene standards in one of Asia’s fastest-growing tourism destinations. Organizers responded with an aggressive food safety strategy that became the festival’s defining success story.
Authorities required all participating food vendors to complete mandatory food safety training, conduct health checks for kitchen staff, and comply with strict hygiene protocols including gloves, masks, and monitored food preparation processes. Inspection teams reportedly photographed cooking stations throughout the event and maintained real-time oversight, with organizers warning that any violations would result in immediate removal.
Despite Vietnam’s intense summer heat and heightened public scrutiny, officials confirmed that no major food safety incidents were recorded during the festival. The Ho Chi Minh City Department of Food Safety said vendors were subjected to extensive documentation checks, including ingredient traceability, business licensing verification, and daily invoice monitoring for food supplies. Random food sampling and on-site inspections were also conducted throughout the event.
The success carries implications far beyond street food. Vietnam is increasingly positioning gastronomy as a strategic tourism asset alongside beaches, manufacturing growth, and digital nomad appeal. With international arrivals rebounding and Southeast Asia competing aggressively for tourism spending, culinary branding is becoming a key differentiator for cities such as Bangkok, Singapore, and Ho Chi Minh City.
Organizers now plan to expand the festival internationally. Vietnam’s embassy in Singapore has reportedly expressed interest in hosting a future edition abroad, a move that could transform bánh mì from a beloved Vietnamese export into a larger regional culinary brand with commercial potential across Asia-Pacific markets.
The bigger question is whether Vietnam can scale its street food culture globally without losing authenticity — or compromising safety. If Ho Chi Minh City’s bánh mì festival is any indication, the country is trying to prove that informal street cuisine can evolve into a world-class tourism industry while keeping the flavor that made travelers fall in love with Vietnam in the first place.
WHO confirms three deaths linked to Andes hantavirus cluster aboard expedition vessel as Vietnam steps up monitoring.
MARKET INSIDER – A deadly outbreak linked to the rare Andes hantavirus aboard an international cruise ship is drawing fresh global attention to zoonotic diseases, maritime health security, and the risks of virus transmission in confined travel environments — even as experts stress the situation is far from another Covid-19 scenario.
According to the World Health Organization, 11 suspected and confirmed hantavirus cases have now been identified aboard the expedition cruise vessel MV Hondius, including three fatalities. At least nine infections have been linked to the Andes virus strain (ANDV), a rare subtype primarily associated with South America and one of the few hantaviruses known to spread between humans under limited conditions.
The outbreak has triggered heightened epidemiological monitoring across multiple countries, including Vietnam, where health authorities say no related cases have been detected so far. Vietnam’s Ministry of Health emphasized that while hantavirus surveillance is not new to the country, no Andes strain infections have ever been recorded domestically.
Unlike Covid-19, which spreads efficiently through airborne transmission, WHO says hantavirus transmission requires prolonged close contact or exposure to infected rodents and their waste. Investigators currently believe the first infected passenger may have contracted the virus during outdoor tourism activities involving rodent exposure before boarding the ship. Limited person-to-person transmission may then have occurred during the voyage through extended close contact among passengers or crew.
The incident highlights a growing challenge facing the global tourism and cruise industries: how to manage emerging infectious disease risks in highly mobile international travel networks. Expedition cruises, eco-tourism, and remote adventure travel have surged in popularity since the pandemic, bringing more travelers into direct contact with wildlife habitats and disease vectors previously considered geographically isolated.
Vietnamese authorities have moved quickly to tighten surveillance at border checkpoints, hospitals, and transport hubs while increasing rodent control and sanitation measures. Officials have also urged the public not to panic or spread speculation about food, water, or shipborne contamination before WHO completes its investigation. Previous studies in Vietnam detected other hantavirus strains such as Seoul virus in rodents, but no evidence suggests widespread human transmission risk inside the country.
WHO currently classifies the outbreak’s global public health risk as “low,” though passengers and crew linked to the vessel are being advised to monitor symptoms for up to 42 days. Early warning signs include fever, muscle pain, dizziness, nausea, abdominal pain, coughing, and breathing difficulties.
The broader question for governments and investors may no longer be whether another pandemic-scale event is imminent, but whether global tourism systems are adequately prepared for a future defined by localized but high-impact zoonotic outbreaks. In an era of climate change, ecological disruption, and booming adventure tourism, even remote pathogens can suddenly become international headlines.
Warner Bros. Discovery appears set to escalate Southeast Asia’s streaming war with a Vietnam relaunch.
As global streaming giants race to capture Southeast Asia’s fast-growing digital audience, Vietnam is emerging as a critical battleground — and the apparent replacement of HBO Go with HBO Max signals that Warner Bros. Discovery is preparing for a more aggressive push into one of Asia’s most promising entertainment markets.
HBO Go, the online streaming package operated in Vietnam since 2019, will officially cease operations on June 15 after seven years in the country, according to local distributor Msky. Vietnamese users will no longer be able to access HBO Go content through its standalone website or mobile applications, marking the end of a platform that helped introduce premium Western franchises to millions of local viewers.
The shutdown only affects HBO’s online streaming package. Traditional HBO television channels distributed via cable and satellite networks will continue operating in Vietnam, the distributor said. Still, early signs of the transition are already visible across local digital TV ecosystems. Platforms such as TV360 have begun removing HBO Go subscription benefits, while new registrations for the service are reportedly failing.
Industry observers believe the move is less of a retreat and more of a strategic reset. HBO Max’s official website has already displayed a Vietnamese-language notice announcing a June 16 launch date — just one day after HBO Go’s shutdown. The timing strongly suggests that Warner Bros. Discovery is consolidating its streaming strategy under the globally recognized HBO Max brand to compete more directly with Netflix, Disney, and regional streaming platforms across Southeast Asia.
Vietnam represents an increasingly attractive market for international streaming companies. The country has a young, mobile-first population of more than 100 million people, rising disposable income, and one of Southeast Asia’s fastest-growing digital economies. Streaming consumption surged during and after the pandemic, while demand for international content — particularly Korean dramas, Hollywood franchises, anime, and premium series — continues to accelerate.
Since launching in Vietnam in July 2019, HBO Go expanded through partnerships with major local platforms including FPT Play, VieON, MyTV, TV360, K+, ClipTV, VTVcab, and SCTV. The service built a loyal following through globally recognized franchises such as Game of Thrones and House of the Dragon, alongside blockbuster films from Warner Bros..
The transition also reflects a broader shift reshaping the global media industry: international streaming companies are increasingly abandoning fragmented regional products in favor of unified global platforms with stronger branding, centralized technology, and scalable subscription models. For Vietnam, that could mean better user experiences, faster content releases, and more direct integration into global entertainment ecosystems.
But the bigger question may be whether Vietnam is entering a new phase of streaming competition altogether. As global platforms intensify their focus on Southeast Asia, Vietnam is no longer just a secondary expansion market — it is becoming a frontline test of how international media companies monetize the next billion digital consumers.
$338 million Imexpharm deal signals rising Chinese investment in Vietnam’s fast-growing healthcare sector
As global pharmaceutical supply chains shift deeper into Southeast Asia, a major Chinese drugmaker has quietly secured control of one of Vietnam’s most strategically important pharmaceutical companies — a move that could reshape the country’s antibiotics market and accelerate regional healthcare consolidation.
China’s Livzon Pharmaceutical Group, through its subsidiary Lian SGP Holding, has acquired nearly 68% of Imexpharm, Vietnam’s leading antibiotics manufacturer, in a deal valued at roughly VND6 trillion ($338 million). The transaction makes Livzon the dominant shareholder of a company that controls around 10% of Vietnam’s antibiotic market and supplies both domestic and international pharmaceutical partners.
The acquisition comes at a pivotal moment for Vietnam’s healthcare industry. With rising incomes, rapid urbanization, and an aging population, Vietnam’s pharmaceutical market is projected to become one of Southeast Asia’s fastest-growing healthcare economies. At the same time, multinational drugmakers are increasingly looking beyond China and India for manufacturing diversification, turning Vietnam into an emerging pharmaceutical production hub.
Livzon initially sought to purchase nearly 78% of Imexpharm through a public tender offer announced earlier this year, but ultimately secured 67.87% ownership after acquiring more than 104.5 million IMP shares. The offer price of VND57,400 per share represented a 22.5% premium over market price, valuing Imexpharm at approximately VND8.84 trillion.
Founded nearly five decades ago as a state-owned enterprise under Vietnam’s national pharmaceutical system, Imexpharm has evolved into one of the country’s most respected drug manufacturers following privatization in the early 2000s. Over the years, the company attracted prominent institutional investors including Dragon Capital, VinaCapital, and South Korea’s SK Group.
Today, Imexpharm manufactures products for global pharmaceutical brands including Sandoz Group AG, Pharmascience Inc, and Sanofi SA. Its antibiotic production facilities are among Vietnam’s most advanced, positioning the company as a critical player in the country’s push toward higher-value pharmaceutical manufacturing.
Imexpharm CEO Trần Thị Đào recently described Livzon as a highly capable R&D-focused pharmaceutical group with manufacturing systems that meet strict international quality standards. Some of Livzon’s injectable products have already received approval from the U.S. Food and Drug Administration, giving the Chinese firm stronger credibility in regulated global markets.
The strategic logic behind the deal extends well beyond Vietnam’s domestic market. Analysts at FPT Securities say Livzon’s scale, API manufacturing expertise, and advanced pharmaceutical technologies could help Imexpharm reduce production costs, expand high-margin product lines, and increase exports across Asia and beyond.
The transaction also reflects a broader trend unfolding across Southeast Asia: Chinese corporations are no longer investing only in factories, infrastructure, or electronics manufacturing. Increasingly, they are targeting healthcare, biotech, and consumer sectors tied to long-term demographic growth and supply-chain resilience.
For Vietnam, the acquisition raises a bigger question now facing many emerging economies: can foreign strategic investment accelerate technological upgrading without weakening domestic control over critical healthcare assets? Investors may view the Livzon-Imexpharm deal as a vote of confidence in Vietnam’s pharmaceutical future — but it may also mark the beginning of a new competitive era where regional healthcare champions are built through cross-border consolidation rather than purely local growth.
Despite rapid gains, Vietnam still ranks among the world’s shortest populations — raising concerns over nutrition, productivity, and future workforce quality.
As Southeast Asia competes for foreign investment, high-skilled manufacturing, and digital economy leadership, Vietnam is confronting a less visible but increasingly strategic issue: the physical development of its population. New health data shows Vietnamese people remain among the shortest globally, highlighting deeper concerns about childhood nutrition, public health, and long-term human capital development.
At a national health campaign launched in Hanoi on May 12, Dr. Truong Hong Son, Director of the Vietnam Institute of Applied Medicine, revealed that the average height of Vietnamese men is currently 168.1 cm, while women average 156.2 cm. According to data from the global NCD Risk Factor Collaboration network, Vietnam ranks 153rd out of 201 countries and territories for average height, placing the country within the bottom 30% worldwide.
The findings arrive at a critical moment for Vietnam, one of Asia’s fastest-growing economies and a rising manufacturing hub for multinational corporations shifting supply chains away from China. While the country has become a global export powerhouse in electronics, textiles, and technology assembly, health experts warn that persistent nutritional deficiencies and limited physical development could undermine ambitions to upgrade workforce quality and labor productivity.
Vietnam has made measurable progress over the past decade. National Nutrition Survey data from 2019-2020 shows young Vietnamese men grew an average of 3.7 cm taller compared to the previous generation, while women gained 2.6 cm. Experts described the pace of improvement as Vietnam’s fastest on record, comparable to Japan’s post-war “golden growth era” between 1955 and 1995. The gains helped Vietnam surpass Indonesia and the Philippines in regional rankings, moving closer to Singapore, Malaysia, and Thailand.
Yet health specialists say the momentum remains insufficient. Vietnamese men are still roughly 3 cm shorter than the current global male average of 171 cm. Dr. Son attributed the gap to micronutrient deficiencies, unbalanced diets, sedentary lifestyles, and inadequate physical activity among school-age children. According to researchers, genetics account for only 23% of physical stature, while nutrition contributes 32%, with exercise and sleep making up the remaining factors.
The issue increasingly extends beyond public health into economics and national competitiveness. Vietnam’s government has repeatedly emphasized the need to improve population fitness and workforce quality as the country seeks to transition from low-cost manufacturing toward higher-value industries including semiconductors, AI, green technology, and advanced services. Policymakers now view childhood nutrition and physical development as part of a broader national growth strategy rather than merely a healthcare concern.
Vietnam’s Politburo Resolution 72 targets an increase of at least 1.5 cm in average height among children and adolescents aged 1-18 by 2030. Health authorities are urging families to focus on the “golden stages” of development — the first 1,000 days after birth, pre-school years, and puberty — while promoting daily exercise, balanced nutrition, quality sleep, and vitamin D intake.
For global investors and business leaders watching Vietnam’s rise, the country’s height statistics reveal a deeper story: economic miracles are not built by GDP growth alone. The next phase of Vietnam’s development may depend as much on nutrition, healthcare, and school fitness programs as on factories, exports, and foreign capital.