Why One American Left a High-Paying Job in the U.S. for a Simpler Life in Vietnam

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HANOI, September 27, 2025 (Vietnam Insider) – Ten years ago, Susan, a U.S. software consultant with a lucrative salary, left behind a high-pressure career in search of balance. What was meant to be a short trip to Vietnam has since turned into a decade-long journey of renewal and belonging.

“I have no intention of going back to the U.S.,” Susan shared. “Leaving my job was the hardest decision of my life, but it saved me.”

At the time, Susan was earning well but struggling under intense workplace stress. Sleepless nights, recurring health issues, and constant anxiety eventually drove her to seek therapy. “My body started shutting down. Doctors told me it was stress. My therapist said others in my situation had chosen the worst way out — suicide. That was my wake-up call.”

Faced with the choice of continuing down a destructive career path or breaking away to find a healthier life, Susan chose the latter. She decided to take a one-year break, traveling somewhere completely new to rediscover herself before returning home.

“Vietnam became that destination,” she said. “I thought I’d stay for a few months, recharge, and go back. But suddenly, 10 years had passed.”

A Simple, Fulfilling Life

Vietnam gave Susan not only relief from her past stress but also a fresh perspective on living. She was captivated by the culture, nature, and especially the food.

“A wholesome street meal here costs around $2 — fresh vegetables, protein, and rice. Back home, that would be unimaginable,” she laughed. “Life here feels simple yet complete.”

She describes her decade in Vietnam as “a colorful tapestry of experiences” — one money could never buy. From trekking in Hà Giang and exploring Hanoi’s vibrant streets, to relaxing in Hội An, Da Nang’s Golden Bridge, and Ho Chi Minh City’s energy, Susan has embraced Vietnam’s diversity of landscapes, cuisine, and traditions.

What stood out most to her, however, was the people. “Vietnamese are warm, generous, and always willing to help. That sense of peace and kindness is priceless.”

A Story That Resonates

Susan’s story, which she shared on her social media, quickly went viral and touched thousands of followers worldwide.

“Her journey is so relatable for anyone trapped in workplace pressure,” one Instagram user commented. “If you can eat fresh, delicious meals for just $2, that’s paradise.”

Another added: “Not everyone has the courage to walk away from a shining career. Stress can destroy you, but freedom can give you a new life.”

For Susan, Vietnam was supposed to be just a stopover. Instead, it became home.

Hanoi Train Street: A Must-See Experience for Foreign Visitors

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(Vietnam Insider) Few places in the world offer an experience as thrilling and photogenic as Hanoi Train Street. Nestled in the heart of the Old Quarter, this narrow street has become one of the city’s most iconic attractions, drawing both travelers and photographers eager to witness trains rumbling past just centimeters from homes and cafés.

Location

Hanoi Train Street runs between Phung Hung and Dien Bien Phu streets, a short walk from the Old Quarter’s main tourist hubs.

Train Schedule (subject to change)

Visitors flock to the street to watch the trains pass by, so timing your visit is important.

Daily:

  • Morning: 6:00 | 6:15 | 7:10 | 7:40 | 8:30
  • Evening: 19:20 | 21:10 | 21:45

Weekend (Saturday & Sunday):

  • Morning: 7:10 | 7:40 | 8:45 | 9:30 | 11:30
  • Afternoon & Evening: 15:30 | 16:20 | 17:40 | 18:20 | 19:10 | 19:20 | 19:40 | 20:30 | 21:10 | 22:10

(Tip: Arrive 20–30 minutes early to secure the best viewing spot.)

How to Visit

The safest and most enjoyable way to experience Train Street is by visiting one of the many trackside cafés. Simply order a drink, relax, and wait for the train to come through. The café owners usually give visitors clear instructions on when to step aside and how to enjoy the moment safely.

Safety Tips
  • Never walk along the tracks when a train is approaching.
  • Always follow café staff directions – they know the schedule well.
  • Be mindful when taking photos; safety comes first.
Why It’s Special

The magic of Hanoi Train Street lies in its sheer uniqueness: a massive train rushing past, sometimes within just a few centimeters of balconies, doorsteps, and tiny shops. It’s an exhilarating reminder of Hanoi’s vibrant, chaotic, and yet deeply charming character.

For many visitors, this experience becomes one of the most unforgettable highlights of their trip to Vietnam.

Vietnam’s Crypto Market Moves Closer to Licensing: 5 Leading Candidates to Watch

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Vietnam Insider – Vietnam’s digital asset market is entering a pivotal phase as the government develops a legal framework for cryptocurrency exchanges. Industry experts predict that, in the near future, a select group of exchanges backed by leading banks and securities firms will likely receive official licenses to operate.

Here are the five strongest contenders, recognized for their financial capacity, technological readiness, and regulatory compliance.

1. MB Bank – Dunamu (Upbit)

On August 12, 2025, MB Bank announced a strategic partnership with Dunamu, the parent company of Upbit — South Korea’s largest crypto exchange. The event gained national-level attention when Prime Minister Phạm Minh Chính officially welcomed Dunamu’s leadership on July 29, 2025.

With MB Bank’s 30 million retail customers and robust payment network combined with Dunamu’s world-class security and compliance infrastructure, this alliance is widely seen as the most powerful competitor in the licensing race.

2. VIXEX (VIX Securities)

Launched on August 27, 2025, VIXEX is among Vietnam’s first locally incorporated crypto exchanges. Its shareholders include VIX Securities (15%), FTG Vietnam (64.5%), and 3C Company.

As one of Vietnam’s top five most profitable securities firms, VIX provides strong financial backing and investor trust. VIXEX is expected to leverage this ecosystem to attract domestic capital flows while meeting strict transparency requirements.

3. SSI Digital (SSI Securities)

Established in 2022, SSI Digital acts as the technology arm of SSI — Vietnam’s leading brokerage. On June 19, 2025, SSI Digital signed a strategic partnership with Tether, U2U Network, and Amazon Web Services (AWS) to build a large-scale digital asset infrastructure.

With advanced IT capabilities, a vast client base, and readiness to comply with level-4 IT security standards and stringent KYC/AML processes, SSI Digital has a strong foundation to become one of the first licensed platforms.

4. TCEX (Techcombank & TCBS)

Founded in May 2025, TCEX quickly scaled its charter capital from VND 3 billion to VND 101 billion within just three months. Techcombank has identified digital assets as a strategic business line, with TCBS holding 9.9% and Techcombank’s investment fund holding 1.1%.

Leveraging Techcombank’s leadership in retail and investment banking, TCEX is well-positioned to serve as a bridge between traditional finance and digital assets, aligning with the government’s supervisory direction.

5. VPBank (VPBank Securities)

VPBank and its subsidiary VPBank Securities (VPBankS) are finalizing procedures to launch their own crypto exchange. Backed by Japan’s SMBC, VPBank is Vietnam’s largest private bank, while VPBankS ranks among the top three securities firms by total assets.

The combination of strong international partnerships and a solid domestic financial base significantly boosts VPBank’s chances of securing regulatory approval.

Regulatory Outlook

According to the draft regulation, crypto exchanges in Vietnam will be required to maintain a minimum charter capital of VND 10 trillion, with at least 65% institutional ownership (including 35% held by two financial institutions). Foreign ownership will be capped at 49%. In addition, exchanges must establish risk insurance mechanisms and adopt best-in-class technology systems.

Currently, Vietnamese users are still active on international exchanges like Binance, OKX, and Bybit. However, under the new legal framework, they will gradually migrate to licensed domestic platforms to meet compliance and tax obligations.

Investor Insight – Dung Duong, Global Investor: “Vietnam is at a turning point in shaping the future of digital finance. The government’s move to license crypto exchanges is not only about regulation but also about building a trusted, transparent, and scalable market for both domestic and foreign investors. The entry of major banks and securities firms into this space underscores the seriousness of Vietnam’s ambition to become a regional digital asset hub. For global investors like myself, this signals an exciting opportunity: Vietnam is positioning itself as one of the most promising frontiers for regulated crypto adoption in Asia.”

Vietnam Stock Market Trading Ideas – September 26, 2025

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HANOI – Vietnam’s equity market opened Friday with cautious optimism as the VN-Index continued to consolidate above the 20-day moving average, supported by blue-chip gains.

Market Outlook

  • VN-Index: The benchmark closed higher on Thursday, edging above the MA20 range of 1,660–1,665 points, led by VIC. Analysts expect the index to trade within a narrow band of 1,660–1,680 points today.

Stock Highlights

POW (PetroVietnam Power Corporation)

  • Capital Increase Plan: Approved a two-part capital raise, including a 19% stock dividend/bonus issue and a 12% rights offering at VND 10,000/share. Execution is scheduled for late 2025 or Q1 2026.
  • Funding Use: The VND 7.26 trillion proceeds will finance Nhon Trach 3 & 4 gas power plants (1,624MW, total capex VND 32.4 trillion). Both plants completed trial runs at full capacity and aim for commercial operations by December 2025, with revenue contributions expected from early 2026.
  • Cà Mau Power Plants: With gas supply from PM3-CAA field projected to deplete by 2027, POW is exploring alternative fuel sources to ensure supply continuity.
  • Vung Ang 1 PPA Negotiations: Talks remain unresolved; investors expect the fixed capacity payment to increase to 3.8% from 2026, based on an updated investment estimate of VND 27.5 trillion.
  • FX Losses: Current accounting rules force recognition of FX losses despite EVN being the responsible party. POW plans to propose regulatory adjustments.

SSI Securities Corporation

  • Rights Issue: Approved a 5:1 rights offering (20%) at VND 15,000/share for 2025–2026.
  • Market Upgrade: Management expects FTSE Russell to upgrade Vietnam to Emerging Market status in October 2025, assigning >90% probability.
  • Brokerage Share: Increased to 12% in Q3 2025 from 10.3% in Q2.
  • Margin Lending: Reached VND 42 trillion in Q3 (+27% QoQ), equivalent to 147% of Q2 equity.
  • Profit Guidance: 9M 2025 pre-tax profit estimated at VND 4 trillion (+33.8% YoY), fulfilling 94% of its annual plan. SSI expects to exceed 2025 targets by 15–20% if market conditions remain favorable.
  • Digital Asset Plans: Exploring participation in Vietnam’s upcoming digital asset market, with potential roles as a trading platform or ETF issuer. No final decision yet.

PLX (Petrolimex – Vietnam National Petroleum Group)

  • Sales Volume: Preliminary September sales rose 10.3% YoY, bringing 9M 2025 growth to +8.8% YoY.
  • Q3 Estimate: Domestic sales of 2.8 million tons (+10% YoY; -6% QoQ).
  • 9M Total: 8.5 million tons, reaching 75% of full-year forecast.

Derivatives Market Strategy

  • Contract 41l1FA000: Despite sideways trading on Sept 25, the contract maintained bullish momentum above the MA200 (M15).
  • Outlook: Expected to retest 1,860 points. Long positions can be opened with stop-loss below 1,837 points.
    • Entry (Long): 1,845 points
    • Target: 1,860 points
    • Stop-loss: 1,837 points

Vietnam’s President Luong Cuong Urges U.S. to Lift Sanctions on Cuba at UN Assembly

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At the 80th session of the United Nations General Assembly on September 23 in New York, Vietnam’s President Luong Cuong called on the United States to remove sanctions against Cuba and take the country off Washington’s list of state sponsors of terrorism.

In his address, President Cuong also welcomed the growing number of nations recognizing the State of Palestine and urged the international community to provide urgent humanitarian aid to the Palestinian people.

The remarks come amid heightened tensions over U.S.–Cuba relations. In January 2025, shortly after beginning his second term, U.S. President Donald Trump reversed a late decision by the Biden administration to delist Cuba as a state sponsor of terrorism.

Cuba holds a special place in Vietnam’s foreign policy, often described as a “brotherly” nation with a special relationshipdating back to the establishment of diplomatic ties in 1960. Today, however, Cuba is struggling with a deep economic crisis.

Earlier this month, Vietnam provided VND 385 billion (approx. USD 15 million) in financial support to Cuba. The donation, presented in the presence of Vietnam’s General Secretary To Lam and Cuban leader Miguel Díaz-Canel Bermúdez, was the first installment of a nationwide fundraising campaign marking 65 years of Vietnam–Cuba relations, organized by the Vietnam Red Cross.

Vietnam Ranked Among Top 5 Best Countries for Expats in 2025

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More people are choosing to live abroad than ever before. According to the World Migration Report, about 3.6% of the global population are now considered international migrants.

From the rainforests of Panama to the bustling streets of Vietnam, several countries are emerging as global favorites, offering an appealing mix of affordability, friendliness, and quality of life.

In a recent feature, the Vietnam Insider spoke with expatriates living in the top five destinations for foreigners in 2025, with Vietnam securing a prominent place on the list. Many expats described Vietnam as a country where the cost of living remains accessible, while its dynamic urban centers such as Hanoi and Ho Chi Minh City provide endless energy and opportunity. At the same time, Vietnam’s rich cultural traditions and the warmth of its people make settling in feel natural and rewarding.

For many, the country offers a rare balance between modern convenience and authentic experiences, creating a lifestyle that feels both exciting and sustainable. It is this blend that continues to make Vietnam one of the most attractive choices for expatriates seeking a new home in 2025.

Vingroup Stocks Lead Rally as VN-Index Closes Above MA20

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Vietnam Insider – Vietnam’s stock market opened in a cautious mood on Thursday but gained momentum toward the close, with the VN-Index rising nearly 9 points to reclaim positive territory and finish just above its 20-day moving average (MA20). Liquidity on the Ho Chi Minh Stock Exchange (HOSE) reached VND 27.8 trillion (approx. USD 1.1 billion), largely unchanged from the previous session.

Trading activity showed clear sector rotation. Real estate was the primary driver, with Vingroup (VIC) surging more than 6% and Vinhomes (VHM) also delivering a strong boost to the index. Other sectors attracting capital inflows included public investment, oil & gas, and energy, where names such as HHV, CII, PVT, NT2, and PC1 posted sharp early gains. In contrast, technology, banking, and brokerage stocks lagged, with many slipping below reference prices and weighing on overall market performance.

Foreign investors remained a headwind, recording net outflows of VND 2.03 trillion, concentrated in large-cap names such as VPB, FPT, SSI, KBC, and VHM. On the buy side, VIC, TCB, and CII attracted some demand, but inflows were insufficient to offset heavy selling pressure.

The VN-Index’s close above the MA20 marks a constructive technical signal, despite continued divergence across sectors. While liquidity has yet to show a breakout, stable domestic inflows helped the market maintain balance.

Analysts expect the index to extend its recovery, with potential to test the upper bound of its trading range around 1,700 points. Investors are advised to take a selective approach, focusing on stocks with strong fundamentals and favorable technical patterns, while maintaining disciplined risk management as the VN-Index approaches key resistance levels. Persistent foreign outflows and unconfirmed strength of domestic active capital remain notable risks.

Stocks with Technical Signals

  • Foreign net-buying & strong active inflows: BSR, CTS, HHV, LCG, NT2, PVT, VSC
  • Positive technical patterns: VSC, REE, SCR, PLC, HHV, FCN, TCH, HHS, DXG, KDH

Free Beer and Iconic Squid Cakes Await Tourists Visiting Ha Long Bay

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Visitors traveling to Quang Ninh, home to the world-famous Ha Long Bay, are now being welcomed with a special gift: a complimentary drink, either beer or soft drink, and a serving of chả mực, the province’s signature fried squid cake.

The initiative was announced by Nguyen The Hue, Chairman of the Quang Ninh Tourism Association, as part of a new tourism stimulus campaign launched by the provincial Department of Culture, Sports and Tourism. The program aims to attract over 20 million visitors this year, including 4.5 million international arrivals. “Chả mực is not just a dish—it represents the culinary essence of Quang Ninh, something we are proud to introduce to travelers from around the world,” Mr. Hue emphasized.

In addition to the food and drink promotion, hotels across the province are offering further incentives. Guests who stay for three nights will receive a complimentary meal equivalent in quality to their booking rate. Cruise services on Ha Long Bay, one of Quang Ninh’s strengths, have also been significantly upgraded. Buffets, which previously included about 25 dishes, now feature up to 45 dishes, while prices have been reduced by 10 to 20 percent depending on the type of service.

Mr. Hue explained that last year’s approach of lowering prices brought only modest results, while this year’s model of offering products directly to guests has received very positive feedback. According to him, tourists tend to appreciate authentic, hands-on experiences more than abstract percentage discounts.

So far, 83 tourism and service businesses across the province have joined the campaign, including 16 four- and five-star hotels, 26 cruise operators, and dozens of restaurants and service providers. The program is being rolled out alongside a series of cultural and entertainment events such as national-level sports competitions, water music performances, and fireworks shows to further enrich the visitor experience.

Quang Ninh aims to welcome at least 20 million visitors in 2025, with more than 3.8 million expected in the final months of the year alone. The broader ambition is to position Quang Ninh as a year-round destination, eliminating the distinction between high and low seasons. “With close coordination between local authorities, businesses, and the community—and a host of attractive incentives—we are confident that Quang Ninh can exceed its targets, especially as international arrivals peak in the final months of the year,” Mr. Hue said.

Vietnam Government Invites Binance to Establish Headquarters in Da Nang

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Vietnam’s government has officially proposed that Binance open a headquarters in Da Nang and collaborate in launching a digital-asset trading platform within Vietnam’s planned international financial center.

Deputy Prime Minister Nguyễn Hòa Bình expressed hope that Binance would locate a regional base in Da Nang and work with Vietnam’s international financial center to develop a regulated cryptocurrency trading venue. The government also extended an invitation to Binance CEO Richard Teng to serve as a senior advisor in the development of Vietnam’s international financial hub.

Richard Teng has agreed to share Binance’s global experience and cooperate closely in developing Vietnam’s crypto market, drawing also on lessons from establishing financial centers such as in Abu Dhabi.

During the meeting, the Deputy Prime Minister witnessed the signing of a memorandum of understanding (MOU) between Binance and the Da Nang People’s Committee on cooperation in blockchain and digital asset development.

Vietnam is now in the process of building international financial centers in Da Nang and Ho Chi Minh City. The Da Nang center is designated to be a pilot zone with controlled testing (a “sandbox”) for new financial models including digital assets, cryptocurrencies, digital payments and remittances, and to permit the establishment of new exchanges and trading platforms.

Beyond Binance, Deputy Prime Minister Nguyễn Hòa Bình also met with leaders of Bybit, which has more than 2.5 million users in Vietnam and is currently one of the largest crypto exchanges in the UAE. The Bybit leadership welcomed Vietnam’s orientation toward crypto pilots and international financial center development, and offered to assist with legal framework design, share international experience, and help train human capital in Vietnam.

At a separate meeting, representatives of Emaar Properties — a major real estate group with presence in 15 countries — expressed interest in investing in Vietnam. The Deputy Prime Minister affirmed that the government encourages Emaar to invest either directly or indirectly through the international financial centers.

Coffee with a View: Where to Savor Sa Pa’s Golden Rice Terraces

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Every autumn, Sa Pa in northern Vietnam transforms into a golden sea of ripened rice terraces. From mid-September, the valleys surrounding the town glow with harvest colors — and local cafés and homestays have become some of the best spots to take in the view.

Instead of trekking deep into the mountains, many visitors now choose to pause at hillside cafés, sip a hot drink in the crisp mountain air, and watch the “waves of gold” stretch endlessly across the valley. Here are six recommended stops, all within easy reach of Sa Pa town:

  • Sapana Café & Bistro – Just 7 km from town, overlooking the Muong Hoa Valley, perfect for panoramic views and sunrise coffee.

  • Pavi Garden – A quiet hideaway in Ta Van village surrounded by 800 m² of gardens and rice fields.

  • L.á Coffee – A new rustic wooden café in Lao Chai village with photogenic terrace seating.

  • Viettrekking Coffee & Restaurant – Famous for views of both rice terraces and the Muong Hoa mountain train passing through.

  • Sailing Sa Pa – Near Ban Pho, ideal for “cloud hunting” in the early morning alongside glowing rice fields.

  • Lá Dao Spa & Coffee House – A combined café and Dao herbal spa, where guests can soak in traditional baths while gazing at the terraces.

Tips for visitors:

  • The harvest season lasts only 2–3 weeks (mid-September to early October). Check updates to avoid missing peak beauty.

  • Bring layered clothing for chilly mornings and evenings, plus rain gear.

  • Roads to villages like Ta Van and Lao Chai can be steep and winding — hire a local driver if unsure.

  • Respect local culture: avoid stepping into rice fields for photos, and always ask before photographing villagers.

Sa Pa’s harvest season is brief but unforgettable — best enjoyed with a cup of coffee in hand and golden fields right before your eyes.

Monkey Attack in Bali Leaves Young Tourist with Serious Neck Injuries

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A 12-year-old Australian girl was left with serious neck injuries after being bitten by a monkey during a family holiday in Bali.

Lorena McDonald, from Sydney, was visiting the Sacred Monkey Forest Sanctuary in Ubud when the incident occurred. According to her mother, Flavia, the family had followed all visitor guidelines and carried nothing that might attract the animals.

The attack happened suddenly: a monkey jumped onto her husband’s shoulder before leaping onto Lorena and biting her neck. “It started pulling at her shirt and bag. Within five seconds, it had bitten her,” Flavia said.

Lorena required rabies vaccinations, but the family was shocked by the cost — 60 million rupiah (about US$3,600) at a local clinic. They hope their travel insurance will reimburse part of the expense.

This is not the first such case. In 2019, a Melbourne photographer was also bitten in the neck by a monkey in Ubud, requiring medical treatment that cost around US$8,000 — fortunately covered by insurance.

The World Health Organization (WHO) warns that rabies causes an estimated 59,000 deaths annually, mostly in regions with low vaccination coverage. Monkey bites in areas like Bali pose a significant rabies risk if the animal is infected.

Following the incident, Lorena’s mother urged tourists — especially families with children — to be extra cautious when visiting monkey sanctuaries.

Vietnamese Tourists Flock to China for Autumn Travel

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Praised as “every bit as beautiful as anywhere in the world,” autumn in China is becoming the top choice for Vietnamese travelers, thanks to affordable prices, convenient travel, and easier visa procedures.

Hanh Nhi, 30, from Hanoi, originally planned a leaf-peeping trip to Japan with her sister at a cost of over VND 30 million (US$1,200) per person. But after comparing options, she chose Beijing instead, bringing her parents along. “The money for two people in Japan covers the cost for four in China,” she said.

Her decision reflects a broader trend in Vietnam’s outbound tourism market. Travel agencies report a surge in bookings. Nam Thanh Travel said autumn tours to China in August–September (departing October–November) nearly matched the entire season’s total in 2024. At online platform etrip4u.com, China accounted for nearly 40% of all international tour sales in Q2, far outpacing Northeast Asian and European destinations. Vietluxtour also noted China’s rise, overtaking Southeast Asian routes that previously dominated the autumn market.

According to experts, three main factors are driving this boom:

  • Competitive prices: A five-day, four-night tour to China now costs from VND 15 million (US$590), 20–50% cheaper than similar tours to Japan or South Korea.

  • Scenic variety: From golden ginkgo trees in Beijing and fiery maple forests in Harbin, to Jiuzhaigou’s “heaven on earth” with turquoise lakes framed by autumn foliage, China’s landscapes rival those of Japan and Korea.

  • Travel convenience: Multiple direct flights from Hanoi and Ho Chi Minh City, low-cost cross-border tours to Yunnan (just VND 4–5 million for 3–4 days), and simplified visa procedures make trips accessible to more Vietnamese families.

On social media, excitement is spreading fast. When Nhi shared her Beijing plans, a close friend canceled her original trip to book China instead, eager to fulfill her dream of visiting the Forbidden City.

Tips for travelers: The best autumn foliage in China typically peaks from September 20 to November 5. Experts recommend booking flights or tours early to secure seats and visas. Travelers should also prepare warm, weather-resistant clothing for chilly days and sudden showers.

Ho Chi Minh City Women Have the Lowest Birth Rate in Vietnam

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The average number of children born to women of reproductive age in Ho Chi Minh City is just 1.43, the lowest in the country. Experts warn this trend could accelerate population aging and lead to future labor shortages.

“Ho Chi Minh City is still in the golden population period, with 70.7% of residents in working age. However, it is no longer a ‘young city’ as it is facing rapid aging,” said Pham Chanh Trung, Head of the city’s Population Department, at the launch of a communication campaign on improving population quality in low-fertility areas on September 25.

Following recent administrative mergers, Ho Chi Minh City has become Vietnam’s largest mega-urban area, with more than 14 million residents across 168 wards and districts. It is now among the country’s 13 provinces with the lowest fertility rates, while also entering the aging phase with 1.47 million elderly people (10.49% of the population). The city’s aging index is 57.05 – meaning there are 57 seniors for every 100 children under 15. In 2024, life expectancy in the city reached 76.2 years, higher than the national average of 74.7.

For years, Ho Chi Minh City has consistently recorded fertility rates well below Vietnam’s replacement level of 2–2.1 children per woman. The recent merger with Binh Duong and Ba Ria–Vung Tau – provinces also in the country’s “low-birth zone” – has done little to change the situation.

Experts warn that prolonged low fertility will shrink the young workforce while the elderly population continues to rise. This puts increasing pressure on social welfare and healthcare systems, requiring policies to boost population quality through premarital health checks, prenatal and newborn screening, and elderly care services.

Deputy Director of the city’s Health Department, Bui Chi Tinh, emphasized that the total fertility rate of 1.43 is “a warning figure,” calling for immediate adaptation measures. From September 15 to October 30, the health sector is running a campaign to encourage families to have two children, expand premarital and perinatal health checks, and strengthen elderly care.

To encourage childbirth, since August the city has increased financial support for women giving birth to two children before age 35, raising the benefit from VND 3 million to VND 5 million. As of now, 9,100 women have received the 3 million support package under Resolution 40, while 8,500 women have received the new 5 million benefit under Resolution 32 of the municipal People’s Council.

HIV Prevention Injection to Be Available for Just $40 a Year Worldwide

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A breakthrough in HIV prevention is on the horizon: lenacapavir, an injectable drug proven to reduce the risk of HIV transmission by more than 99.9%, will soon be available for as little as $40 a year (around 1 million VND) in over 100 countries starting in 2027.

Currently sold under the brand name Yeztugo by U.S. pharmaceutical company Gilead Sciences, the drug costs about $28,000 per year (over 700 million VND) in the United States.

Game-Changing Generic Versions

According to a joint announcement on September 24 from Unitaid and the Bill & Melinda Gates Foundation, several licensed pharmaceutical companies will begin producing generic versions of lenacapavir. Generics, developed after a drug’s patent expires, contain the same active ingredients and offer identical efficacy—at a fraction of the price.

The injection, administered once every six months, is the first long-acting pre-exposure prophylaxis (PrEP) treatment approved to prevent HIV infection.

Partnerships Driving Access

  • Unitaid has partnered with Dr. Reddy’s Laboratories (India), the Clinton Health Access Initiative (CHAI), and Wits RHI to ensure affordable distribution in more than 120 countries from 2027.

  • The Gates Foundation has also announced collaboration with Indian pharmaceutical company Hetero to scale up production.

Voices of Optimism

Carmen Perez Casas, Unitaid’s HIV strategy lead, emphasized:

“Affordable generics are key to expanding access. This injectable has the potential to end HIV transmission.”

Trevor Mundel, head of global health at the Gates Foundation, echoed this sentiment:

“Scientific progress only matters if it reaches the people who need it most.”

Interim Measures Before Generics Arrive

While the generics are being developed, Gilead and the Global Fund have agreed to supply lenacapavir at reduced prices for low-income nations. Earlier this month, Washington confirmed its continued commitment to this initiative under the 2024 agreement, despite recent foreign aid cuts announced by President Donald Trump.

The initiative follows the U.S. Food and Drug Administration’s approval of Yeztugo in June 2025, with the first doses expected to reach at least one African nation by the end of this year.

Greg Hsu Stays Cheerful Despite Power Outage at Ho Chi Minh City Fan Event

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Ho Chi Minh City, Vietnam – September 24, 2025. During a promotional event for the film “Your Year, My Day” (Measure In Love), Taiwanese actor Greg Hsu (Hứa Quang Hán) faced an unexpected power outage—but his warm and easygoing response won over fans in the hall.

This marked the first time the 1990-born actor appeared at a public event in Vietnam, drawing hundreds of excited fans who came to see him up close. Despite the brief disruption, Greg remained calm, smiling, waving, and reassuring the crowd. He answered fan questions, shared behind-the-scenes stories, and even joked about the situation, turning the moment into an intimate and memorable exchange.

“I’m so happy to finally meet my Vietnamese fans. Thank you for all the love—you’ve really surprised me with your passion,” Greg said after the lights returned and the event resumed smoothly.

A Warm Welcome in Vietnam

Fans described Greg’s friendly attitude as uplifting, with applause and cheers echoing throughout the hall. His co-star from “Your Year, My Day” also joined him at the press conference, adding to the excitement of the afternoon.

Greg expressed surprise at the overwhelming welcome he received upon arrival:

“I couldn’t believe there were hundreds of fans waiting for me at the airport. I was so touched and emotional hearing everyone cheer.”

He even charmed the audience by speaking simple Vietnamese phrases like “Xin chào Việt Nam” (Hello Vietnam) and “Tôi yêu các bạn” (I love you all).

Sharing Cinema With Fans

Beyond the Q&A session, Greg joined fans for a special screening of the film, making the evening a highlight of his short stay in Ho Chi Minh City. He also mentioned his wish to return and explore more of Vietnam’s food and culture, since his current schedule left little time for local experiences.

On September 25, the cast and crew will head to Singapore for the next leg of their promotional tour.

About Your Year, My Day

Directed by Kung Siu Ping, the film marks Greg Hsu’s screen comeback after completing military service in August. The story unfolds in a world divided by a mysterious “gravity wall”: on one side, time stretches into a year; on the other, it collapses into a single day. The contrast creates dramatic conflicts and emotional connections between the main characters.

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