Tourists Frustrated as Louvre Remains Closed After Daring Jewel Heist

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Frustration mounted among visitors on Monday as the Louvre Museum, the world’s most-visited museum, remained closed for a second day following a dramatic daylight jewel heist.

Crowds gathered outside the museum’s iconic glass pyramid, pressing against locked iron gates in hopes of entering. The Louvre had been scheduled to open at 9 a.m. local time, just one day after masked robbers made off with several priceless jewels and fled on scooters.

But disappointment spread quickly when officials announced that the museum would stay shut for another day.

“It’s my birthday, it was my gift, and I’ve wanted to come for years, so I’m a bit upset,” said Elisa Valentino, 31, a visitor from Italy, wiping away tears.
“I studied art — this was the only thing I had planned for my trip to Paris, and I’m leaving tomorrow.”

Other tourists echoed her frustration. Jesslyn Ehlers, 38, from the United States, said she and her husband had checked online before coming but found no notice of the closure.

“We were excited to show up,” she said. “We’re just kind of disappointed — we’ve been planning this for a long time.”

The Louvre confirmed that visitors who booked same-day tickets would receive refunds, though for many, the closure was a bigger emotional loss than financial.

Adam Cooke, 65, visiting from London, said he and his wife would miss their only chance to see the museum’s vast collection, which includes the Mona Lisa.

“We’ll be refunded, but that’s not the point,” he said.

Seven-Minute Heist

The Louvre, alongside the Eiffel Tower, is one of Paris’s top attractions, drawing nearly nine million visitors last year. The shock closure followed an audacious heist on Sunday, when thieves stole eight priceless jewels, including an emerald-and-diamond necklace once gifted by Napoleon I to Empress Marie-Louise.

The burglars reportedly entered through a window near the museum’s Apollo Gallery using a ladder and cutting tools, breaking into display cases before escaping within seven minutes. They dropped a ninth artifact — the crown of Empress Eugenie, wife of Napoleon III — which was later recovered, damaged.

“It’s amazing that the heist happened in broad daylight. That’s obviously very unfortunate and embarrassing,” said Cooke.

For many, the incident raised concerns about the museum’s security.

“It’s unimaginable that someone could steal something from the Louvre,” said Sissi Liu, 39, a tourist from China.
Andreea Dumitras, 17, from Moldova, added: “What’s most frustrating is how weak the security seems to be. Someone from security told me it’s not even certain the museum will reopen soon.”

The Louvre has yet to confirm when it will reopen to the public as police continue their investigation into what many have called one of France’s most daring cultural thefts in recent history.

Visa Exemption Boosts Travel Interest in Vietnam Among Eastern Europeans

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Ho Chi Minh City — Vietnam is seeing a surge of interest from Eastern European travelers following its recent visa exemption policy, according to data from online travel platform Agoda.

Agoda reported a 60% increase in search interest from Eastern Europe after Vietnam announced visa-free entry for citizens of 12 European nations in mid-August. Specifically, searches rose 77% from Slovenia, 74% from Poland, 72% from Bulgaria, 69% from Romania, and 61% from Slovakia, based on accommodation search data between August 15 and September 30 for stays during October and November, compared to the same period last year.

“The data clearly demonstrates how simplified entry procedures and improved accessibility encourage travelers from Europe and other long-haul markets to visit Vietnam,” said Vu Ngoc Lam, Country Director of Agoda Vietnam.

Starting August 15, citizens from Belgium, Bulgaria, Croatia, the Czech Republic, Hungary, Luxembourg, the Netherlands, Poland, Romania, Slovakia, Slovenia, and Switzerland have been granted visa-free entry for stays of up to 45 days, regardless of passport type.

The rise in search activity mirrors official statistics. Data from the General Statistics Office of Vietnam shows that European tourist arrivals increased by nearly 35% in the first nine months of 2025.

In the third quarter alone, Vietnam welcomed 568,370 European visitors, marking a 38% increase from the previous quarter and an impressive 60% year-on-year growth.

Young Woman Killed After Falling Under Trailer Truck in Ho Chi Minh City

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Ho Chi Minh City — A 23-year-old woman was killed after losing control of her motorbike and sliding under a trailer truck on Tran Dai Nghia Street, Binh Tan District, on Wednesday morning.

According to police, the accident occurred at around 10 a.m. near 92C Tran Dai Nghia Street, Tan Tao Ward, when the woman’s motorbike collided with a tractor-trailer carrying steel coils, both traveling in the same direction toward Vo Tran Chi Street.

Security camera footage showed the victim’s motorbike skidding and falling under the truck, resulting in her death at the scene. The victim was later identified as H.T.T.N, 23, from Tay Ninh Province.

A man riding a motorbike behind her also fell while trying to brake suddenly but escaped serious injury as a nearby truck driver managed to stop in time.

Traffic police quickly arrived to cordon off the area, redirect traffic, and investigate the cause of the crash. By early afternoon, the scene had been cleared and traffic resumed normal flow.

Residents said Tran Dai Nghia Street is relatively narrow but frequently crowded with large vehicles such as trucks and container lorries. Authorities urged motorists to maintain safe distances and avoid traveling alongside heavy vehicles to prevent similar accidents.

Vietnamese Singer Luong Bang Quang and DJ Ngan 98 Prosecuted for Alleged VND 8 Billion Bribery

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Ho Chi Minh City – October 23, 2025 — The Ho Chi Minh City Police have officially prosecuted and detained singer-songwriter Luong Bang Quang and his wife, DJ and internet personality Vo Thi Ngoc Ngan, widely known as Ngan 98, on charges of offering a VND 8 billion (US$320,000) bribe to avoid criminal prosecution in a counterfeit food case.

According to police reports, this marks the latest development in the expanded investigation into the case of “producing and trading counterfeit food” in which Ngan 98 had previously been detained.

Investigators said that after authorities uncovered serious violations in her company’s business operations in July 2024, Ngan 98 and Luong Bang Quang allegedly gave VND 8 billion to Le Sy Cuong (38, residing in Ben Thanh Ward) — a social acquaintance — to act as a middleman in an attempt to “settle” the case.

Based on the evidence collected, on October 23, the Ho Chi Minh City Police Investigation Agency issued arrest warrants and prosecution decisions for Luong Bang Quang and Vo Thi Ngoc Ngan on charges of bribery, and for Le Sy Cuong on charges of acting as an intermediary in bribery.

Authorities are continuing to expand the investigation to identify and handle all individuals involved in accordance with the law.

Counterfeit Health Products Containing Banned Substances

Earlier, on October 13, Ngan 98 was arrested and prosecuted for “producing and trading counterfeit food products.”
Investigators revealed that she operated ZuBu Trading and Service Co., Ltd., a company registered under her mother’s name, and ZuBu Shop, registered under another associate.

Since 2021, Ngan had worked with several factories in Hanoi to manufacture dietary supplements such as Super Detox X3, X7, and X1000, all officially licensed. However, she later produced an unregistered product called “Collagen Vegetable Capsules”, labeled as a “complimentary item” to bypass regulations.

Testing showed that some of these products contained sibutramine and phenolphthalein — substances banned in food and supplements due to their severe health risks, including cardiovascular issues, high blood pressure, digestive disorders, and potential carcinogenic effects.

The products were marketed as a complete “weight-loss regimen”, sold at prices ranging from VND 870,000 to VND 1.1 million per set.
Data from delivery companies indicated that between 2023 and 2024, revenue from these illegal operations reached hundreds of billions of dong.

Public Reaction

The case has sparked widespread attention across Vietnamese social media, with many expressing shock over the scale of the alleged bribery and the involvement of a well-known entertainment couple.
Authorities have reiterated their commitment to cracking down on counterfeit goods and corruption within the health supplement industry — a sector that has rapidly expanded in recent years amid growing demand for beauty and fitness products.

Kidnapping Scare in Southeast Asia Raises Fears Thailand Could Lose Korean Tourists to Vietnam

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Thailand’s tourism industry is once again on edge as concerns grow that a wave of kidnapping and scam-related crimes in neighboring Cambodia could drive South Korean tourists — one of Thailand’s key markets — to shift their travel plans toward Vietnam.

The warning comes just months after a sharp drop in Chinese arrivals following a series of high-profile abduction cases linked to scam compounds in Myanmar, which led many Chinese travelers to choose safer destinations like Vietnam and Malaysia.

Korean Traveler Death Sparks Regional Alarm

The latest shock came last week, when South Korea imposed travel bans on parts of Cambodia after a Korean university student was tortured to death inside a scam center. Seoul immediately dispatched officials to Phnom Penh to assist citizens allegedly detained in similar facilities.

As Korean media warned travelers to avoid not only Cambodia but also its neighboring transit hubs, Thai tourism officials began to fear “spillover effects” that could dampen their country’s recovery momentum.

“Online scams have become a serious social concern in South Korea,” said Thanet Supornsahasrungsi, President of the Chonburi Tourism Council, speaking to the Bangkok Post.
“Tour packages to Thailand haven’t been canceled yet, but new bookings are slowing dramatically. We estimate a 20–30% drop in the Korean market for Pattaya, as many travelers are switching to Vietnam, which offers lower costs and fresh attractions.”

A Regional Image Crisis

The situation is reminiscent of earlier this year, when the abduction of Chinese actor Wang Xing and his transfer to a scam complex in Myanmar triggered a 35% decline in Chinese arrivals to Thailand during the first nine months of 2025.

As of mid-October, Thailand had welcomed 1.2 million Korean tourists — down 17% year-on-year — ranking fifth among international markets. Meanwhile, Vietnam has drawn 3.3 million Korean visitors, making South Korea its second-largest source market after China.

“The fear surrounding scam syndicates in Cambodia has created a ripple of insecurity across the region,” noted Adith Chairattananon, Secretary-General of the Thai Travel Agents Association.
“Many Koreans use Thailand as a transit point to Cambodia, but now they feel the Thai government’s security measures are not strong enough to guarantee their safety. This hurts Thailand’s brand as ASEAN’s travel hub.”

Eastern Thai provinces such as Chanthaburi and Trat — once popular with overland tour groups heading to Cambodia — are also seeing reduced traffic due to both border tensions and security fears.

Vietnam’s Tourism Advantage

Analysts say Vietnam is benefiting from its reputation for safety, affordability, and dynamic tourism development. According to travel expert Shukor Yusof, founder of Endau Analytics, “A new airport or infrastructure project alone cannot restore confidence in Cambodia. Travelers today prioritize safety and trust — and Vietnam offers both.”

He added, “Beyond Angkor Wat and the Killing Fields, Cambodia struggles to compete with Vietnam and Thailand in culture, cuisine, and security. For now, Cambodia’s image is deeply damaged by associations with scam networks and human trafficking.”

Thailand’s Challenge Ahead

Tourism accounts for nearly 20% of Thailand’s GDP, and Korean visitors are a cornerstone of the sector. Experts warn that without stronger regional cooperation to combat cross-border crime, Thailand risks losing market share not only to Vietnam but also to emerging Southeast Asian destinations seen as safer and better managed.

As one Thai tourism insider put it:

“Scams don’t just hurt victims — they destroy confidence. And once tourists lose trust, they don’t just cancel trips. They go elsewhere.”

Vietnamese Peacekeeper Doctors Perform Life-Saving Achilles Tendon Surgery on Mongolian Officer in South Sudan

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South Sudan – In a powerful display of skill, compassion, and international solidarity, Vietnamese military doctors serving with the United Nations Mission in South Sudan (UNMISS) have successfully performed a complex Achilles tendon reconstruction on a Mongolian officer — marking the first surgery of its kind carried out by Vietnam’s Level-2 Field Hospital No.7 on African soil.

According to Vietnam’s Department of Peacekeeping Operations, the operation was performed after the officer, a senior commander from Mongolia’s peacekeeping contingent, suffered a complete rupture of his left Achilles tendon during a training exercise.

Trust Across Borders

After a thorough examination and consultation, the Mongolian officer expressed full confidence in the Vietnamese medical team and requested to undergo surgery at the field hospital, ensuring continuity of care while maintaining his leadership duties within the mission.

Given the complexity of the case, the hospital sought authorization from the UNMISS Chief Medical Officer before proceeding. Approval was swiftly granted, allowing the team to schedule and carry out the procedure.

A Precision Operation in the Heart of Africa

The operation was led by Dr. Tran Duc Tai, Director of Vietnam’s Level-2 Field Hospital No.7. Over the course of nearly an hour, the surgical team worked with absolute focus and precision to reconnect the ruptured tendon using a modified Krackow suture technique — a method designed to enhance tendon strength, minimize bleeding, and promote optimal physiological recovery.

The surgery took place under strict sterile conditions with comprehensive anesthesia, resuscitation, and infection-control protocols in place.

Following the procedure, the patient was transferred to the recovery ward for close monitoring. His post-operative progress has been excellent: the wound remains clean and dry, and functional recovery is on track.

“This successful operation once again demonstrates the professionalism, dedication, and humanitarian spirit of Vietnam’s peacekeeping medical personnel,” said Dr. Tai.

Beyond One Surgery: Building Trust and Saving Lives

This was the third successful surgery performed by the Vietnamese field hospital within its first month of deployment to South Sudan. In addition, the hospital has carried out one aeromedical evacuation, and provided consultation and treatment for over 200 patients from various UN contingents.

Members of Level-2 Field Hospital No.7 also actively participate in all UNMISS medical and peacekeeping training programs, continually strengthening cooperation and readiness to respond to humanitarian and emergency medical needs across the mission area.

A Symbol of Vietnam’s Peacekeeping Commitment

Since joining UN peacekeeping missions, Vietnam has become increasingly recognized for the professionalism and compassion of its “blue-beret doctors” — military physicians who bring both medical expertise and a message of peace to conflict-affected regions.

The success of this operation not only reflects Vietnam’s growing medical capabilities on the international stage but also underscores the country’s unwavering commitment to global peacekeeping and humanitarian missions.

Five Minutes of Terror: Knife-Wielding Father Attacks Seven Inside Vietnam Maternity Hospital

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Nghệ An, Vietnam – In a shocking five-minute rampage inside the Nghe An Obstetrics and Pediatrics Hospital, a 29-year-old man armed with a fruit knife attacked seven people — including nurses, family members, and newborn infants — in a scene that left medical staff and patients reeling in horror.

Authorities have detained Ban Van Vy, who is under investigation for attempted murder and intentional injury, following the violent outburst that unfolded on the morning of October 23.

Department of Neonatology, Nghe An Obstetrics and Pediatrics Hospital, where the incident occurred.

A Normal Morning Turns into Chaos

Vy’s wife had just given birth to twins, one of whom had been transferred to the neonatal intensive care unit due to infection. According to hospital staff, Vy appeared calm when visiting his wife earlier that morning — before suddenly snapping around 10 a.m.

Witnesses say Vy burst into the hospital room, grabbed a small fruit knife, and began attacking people seemingly at random. A nurse and a patient’s relative were the first victims. Screams filled the corridor as patients and family members scrambled for safety.

“He suddenly turned violent. I saw him try to grab a baby and run toward the window,” said Phan Thi Tu, a 63-year-old grandmother who was caring for her premature grandchildren in the same room.
“I begged him not to throw the child. He strangled me, but I fought back and ran with the baby in my arms.”

Vy then allegedly chased Tu and struck both her and the infant before turning on others nearby.

‘He Tried to Throw My Grandchild’

Another witness, Ngo Thi Thu Thuy, from Dien Chau District, recalled the horrifying moment Vy seized her newborn grandchild and headed for the restroom, apparently intent on throwing the baby.

“I didn’t think of my wounds — I just had to protect the baby,” Thuy said, showing bandages on her arms after being stabbed several times.

Even Vy’s wife, lying weak from childbirth, was attacked as hospital staff rushed to intervene.

Bravery Amid Panic

Hearing the screams, nurse Tran Thi Hong sprinted from an adjacent room and confronted Vy, managing to snatch the baby from his hands before fleeing.

“He was furious, holding the knife tight. I just ran as fast as I could,” Hong said.

As Vy pursued her through the ward, another nurse, Nguyen Thi Thuy Trang, grabbed the child and hid with colleagues in a small staff room, using a thin blanket to cover the newborn. Vy found them and stabbed Trang four times before being restrained.

A hospital security guard recalled hearing shouts of “Fire on the third floor!” — only to find chaos instead.

“When I arrived, I saw him stabbing a nurse. I tried to calm him down, to buy time so the nurses could escape with the baby,” the guard said.

Within five minutes, police officers arrived and subdued Vy.

Seven Injured, One in Critical Condition

Hospital director Tang Xuan Hai confirmed that seven people were injured — including two nurses, a medical student, two relatives, and two infants. Nurse Trang sustained serious stab wounds but survived after emergency surgery at Nghe An General Hospital.

One newborn suffered minor head injuries but was stabilized.

A Wake-Up Call for Vietnam’s Healthcare System

The Nghe An Obstetrics and Pediatrics Hospital — a top regional maternity facility with over 1,300 staff — has since tightened security measures.

The attack highlights growing concern over violence against healthcare workers in Vietnam. According to the Ministry of Health, most such incidents occur in provincial hospitals, with 70% of victims being doctors or nurses.

The World Health Organization estimates that 8–38% of healthcare workers globally experience workplace violence at least once in their careers — often at the hands of patients or relatives under stress.

As authorities continue investigating what drove Vy’s sudden breakdown, the country is once again debating how to protect those who dedicate their lives to saving others.

Why Nha Trang Sings in Russian, Korean, and Chinese: A Look at Vietnam’s Coastal Jewel

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Nha Trang, the jewel of Vietnam’s south-central coast, is famous for its long, crescent-shaped beach, vibrant coral reefs, and year-round warm weather. However, for first-time American or European visitors, the language landscape can be surprising. As one recent traveler noted, the streets of Nha Trang often hum not with English, but with the distinct sounds of Russian, Korean, and Chinese.

This linguistic observation points to a fascinating story of market segmentation, history, and modern travel convenience that has shaped Nha Trang into a unique international destination. Unlike tourism hubs like Da Nang or Hoi An, which attract a broader, often Western, backpacking and family demographic, Nha Trang has cultivated distinct, dominant markets from Northeast Asia and Eastern Europe.

The Russian Connection: A Legacy of Friendship

The significant Russian presence is arguably the most historically rooted. Its origins can be traced back to the Cold War era and the Soviet Union’s deep relationship with Vietnam.

  • Cam Ranh Naval Base: Just south of Nha Trang lies Cam Ranh Bay, a superb deep-water port. From 1979 to 2002, this port was leased to the USSR and later the Russian Navy. This led to a large community of Soviet military personnel, engineers, and their families settling in the area, creating a lasting cultural and commercial link.
  • Direct Flights & Climate Escape: Today, the legacy continues through tourism. For many Russians, particularly from the Far East, Vietnam offers an affordable, visa-friendly, and consistently warm destination. Direct flights from major Russian cities into Cam Ranh International Airport have made Nha Trang a remarkably convenient escape from harsh winters, cementing its status as a reliable Russian beach retreat. The city’s catering to this market—with Russian-language menus, signs, and tour operators—further reinforces the draw.
Two Russian expats (R) work in a jewelry shop in Nha Trang City, located in the south-central province of Khanh Hoa. Photo: Dinh Cuong / Tuoi Tre
The Korean and Chinese Influx: Convenience and Value

The prominence of Korean and Chinese tourists is a more recent, but equally impactful, phenomenon driven by proximity, direct air links, and economic factors.

The Power of Proximity: For both Chinese and Korean travelers, Nha Trang is a short, affordable flight away (typically 2-4 hours). This makes it an ideal spot for short, frequent getaways and long holiday weekends.

Korean Celebrity Endorsement and Value: South Korean tourism has shown explosive growth. Nha Trang is frequently topping search rankings for Korean travelers, often surpassing major Japanese cities. This surge is fueled by:

  • Direct Air Connectivity: Numerous daily direct flights from Seoul and Busan ensure easy access.
  • Celebrity Sightings: High-profile Korean actors and K-pop idols choosing Nha Trang for their vacations and posting about it on social media acts as powerful, organic promotion.
  • High-Quality, Low-Cost Resort Culture: Korean visitors are drawn to the combination of beautiful beaches, luxury resorts, world-class golf courses, and the excellent value for money that Nha Trang offers compared to other regional destinations.

Chinese Group Tourism: China, with its immense population and rapidly growing middle class, is a major source market. Nha Trang’s pristine beaches are a welcome alternative to the more crowded and often colder beaches in China’s southern regions. Charter flights and organized tours have historically delivered large numbers of visitors, particularly during Chinese national holidays.

A Targeted Tourism Strategy

In essence, Nha Trang is a classic case of market segmentation. The city’s tourism industry has consciously—or organically—evolved to cater to the specific needs of these large, high-volume markets.

This focus has naturally resulted in the local service industry, from restaurants and hotels to tour guides and signage, prioritizing the languages of its most frequent guests. It’s a pragmatic, business-driven choice: cater to the people who are actually there.

The experience of hearing little English and seeing heads turn at an American accent is a stark illustration of this successful segmentation. For those from the US, Australia, or Western Europe, finding fluent English speakers in Nha Trang’s primary tourist zone can be a genuine surprise, highlighting how Vietnam’s diverse tourism landscape offers radically different experiences across the country.

Far from being an oversight, Nha Trang’s language profile is a testament to its strong, enduring appeal to key global partners—a unique coastal haven where the Russian, Korean, and Chinese demand for sun, sea, and sand has decisively set the tone.

Swiss Cyclists in Huế Find Unexpected Warmth and Vegan Meal at a Funeral

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(Vietnam Insider) – Cycling from the center of Huế City back to their 5-star resort, two Swiss tourists, weary and unable to find an open restaurant, stopped their bikes in front of a funeral procession. To their surprise, the grieving family warmly invited them to share a vegetarian meal.

Hungry and Tired Guests Stop at Funeral, Receive Heartfelt Invitation

Early in the afternoon, during the third day of his father-in-law’s funeral at his private residence in Vinh Loc commune, Huế City, Mr. Trần Hữu Cửu (50) – an English teacher and seasoned tour guide of 11 years – was surprised by the arrival of two strangers.

“I saw a foreign couple on bicycles stop in front of the house. Initially, I thought they might be curious about Vietnamese funeral culture and wanted to learn,” Mr. Cửu recounted.

However, the wife explained that they were cycling from Huế city center to their resort in Phú Lộc commune and were both extremely hungry and thirsty. They had searched the local market and surrounding restaurants but couldn’t find anywhere still open.

“The guests didn’t even realize we were holding a funeral. They just saw the tent and the crowd and stopped to ask for directions to a restaurant that was selling food,” Mr. Cửu added.

Realizing their predicament, Mr. Cửu initially offered to quickly cook them some instant noodles. As he passed the area set aside for funeral guests, his wife, hearing the story, approached the couple. After hearing about their hunger, she suggested that the family still had plenty of vegetarian food available.

The family promptly prepared two simple plates, featuring stir-fried vegetables, green beans, sautéed mushrooms, taro soup, and tofu – everyday home cooking, served without ceremony.

“I thought they might only take a few polite bites since the food might not suit their taste. Unexpectedly, they ate every last bit and were very happy about the warm assistance,” Mr. Cửu shared.

Even more surprising to Mr. Cửu was the guests’ revelation: both husband and wife are strict vegetarians. They expressed amazement that a simple roadside stop, brought about by their unexpected difficulty, had led to such a delicious and helpful vegetarian meal provided by strangers. Mr. Cửu even served a second helping to the husband, which he happily finished.

Upon learning the context, the two visitors offered their deep condolences to the family before setting off again.
From Hospitality to Cultural Connection

In their brief conversation, the couple shared that they were from Switzerland and that this was their first visit to Vietnam.

“We have some Vietnamese friends living in Switzerland. They told us so much about your country, and we really wanted to visit. The trip has exceeded our expectations with its beautiful scenery, delicious food, and friendly people,” the Swiss visitors said.

Taking the opportunity, Mr. Cửu briefly introduced the couple to the local funeral culture in Huế. He explained that services often last 5-7 days and that many Buddhist families observe a vegetarian diet during this time.

Upon learning the context, the two visitors offered their deep condolences to the family before setting off again. They were staying at a 5-star resort in Cầu Hai Lagoon, Phú Lộc commune. Their luggage had been transported separately, but they still had about 20 kilometers to cycle, including some challenging slopes. Mr. Cửu advised them to proceed with caution.

“We were in a hurry, so we didn’t even exchange names,” Mr. Cửu confided. “They said they were very lucky to have met me today and offered their thanks. But I also received something special on the day of my father-in-law’s passing.”

Mr. Trần Hữu Cửu currently serves as the Chairman of the Huế City Tourist Guides Association. He has over 27 years of experience teaching English and 11 years as a tour guide.

Post-FTSE Russell Upgrade: Vietnam’s Stock Market Attracts Billions in Global Capital

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Vietnam’s recent upgrade by FTSE Russell has successfully placed its stock market on the radar of massive international fund managers, with representatives from the State Securities Commission (SSC) confirming significant interest from institutions managing hundreds to thousands of billions of U.S. dollars.

Strategic Upgrade Draws Passive and Active Funds

Speaking at an event hosted by the Vietnam Securities Journalists Club, Mr. Bui Hoang Hai, Vice Chairman of the SSC, emphasized that the FTSE Russell reclassification of Vietnam’s market to Secondary Emergingstatus marks a vital milestone in the market’s 25-year development. He noted that historically, many large-scale global investors, both active and passive, largely overlooked Vietnam. However, immediately before and after the upgrade, these investors have begun engaging directly with the SSC. Market Insider reported.

“Right before and after the market upgrade, they came to Vietnam and had many exchanges with the SSC. In fact, many investors managing large amounts of capital, from hundreds to thousands of billions of US dollars, have expressed interest in the Vietnamese stock market,” Hai shared.

The Ministry of Finance and the SSC have been preparing a comprehensive suite of supply- and demand-side solutions to fully leverage the benefits of the upgrade.

Regulatory Reforms to Ease Foreign Access

On the demand side, the regulator is implementing measures to create an increasingly favorable environment for foreign investors. Key reforms include mandating simultaneous information disclosure in English to ensure equitable access to information, and crucially, abolishing the pre-funding requirement, which helps foreign investors mitigate foreign exchange risks.

On the supply side, a major focus is diversifying the market’s product offerings, with a key upcoming initiative being the listing of Foreign Direct Investment (FDI) enterprises. Mr. Hai confirmed that after receiving consensus from relevant ministries, the market can anticipate companies with FDI origins conducting Initial Public Offerings (IPOs) and listing their shares soon.

Infrastructure and Product Development for Growth

To cope with the anticipated inflows, Ho Chi Minh Stock Exchange (HoSE) Acting Chairwoman, Ms. Nguyen Thi Viet Ha, stressed the urgent need to continue upgrading information technology systems and enhancing the quality of listed “goods.” The goal is to continuously attract high-quality companies to satisfy the needs of both domestic and international investors.

The Hanoi Stock Exchange (HNX) is focusing on developing the government bond market in coordination with the State Treasury to help the government mobilize resources for public investment. Mr. Nguyen Anh Phong, Chairman of HNX, also noted that the exchange plans to refine the interest rate yield curve to better reflect market conditions, offering a more credible reference point for investors. Furthermore, HNX will continue to research and report to the SSC on introducing stock index options products, adhering to the strategy of developing the derivatives market from simple to complex instruments.

Economist Can Van Luc also weighed in, highlighting the critical need to increase the supply of high-quality new listings, stressing that seeing companies move from HoSE to UPCoM is a “backward” step. He also emphasized the importance of growing the fund industry, particularly developing open-ended funds, to maximize resource mobilization.

Người Phenikaa gắn kết và lan tỏa giá trị hạnh phúc trong chuỗi hoạt động kỷ niệm 15 năm thành lập Tập đoàn

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Giữa tiết thu dịu dàng của Thủ đô Hà Nội, hơn 4.000 cán bộ, công nhân viên đến từ các đơn vị thành viên trong Hệ sinh thái Phenikaa đã cùng hội tụ, hân hoan chào đón Tập đoàn tròn 15 tuổi (20/10/2010 – 20/10/2025). Chuỗi hoạt động kỷ niệm được tổ chức sôi động, sáng tạo và tràn đầy cảm xúc không chỉ là dịp để người Phenikaa cùng nhìn lại hành trình 15 năm hình thành, phát triển và tri ân những người đã “gieo những hạt mầm đầu tiên”, mà còn là thể hiện tinh thần gắn kết, văn hóa phụng sự và khát vọng lan tỏa hạnh phúc – những giá trị làm nên bản sắc Phenikaa hôm nay.

Ghi dấu một hành trình tự hào

Mở đầu chuỗi hoạt động là cuộc thi “Dấu ấn 15 năm – Tự hào Phenikaa”. Hàng trăm bài viết, phim ngắn và bức ảnh với góc nhìn đa dạng của CBCNV đã khắc họa sinh động chặng đường từ những ngày đầu gian khó đến hiện tại – khi Hệ sinh thái Phenikaa được hoàn thiện với bốn lĩnh vực cốt lõi: Sản xuất Công nghiệp, Phát triển Công nghệ, Giáo dục & Đào tạo và Chăm sóc Sức khỏe.

Hình ảnh Lá cờ Tổ quốc làm từ đá thạch anh cao cấp VICOSTONE® được trưng bày tại không gian Triển lãm Thành tựu Đất nước “80 năm Hành trình Độc lập – Tự do – Hạnh phúc” – Một trong những khoảnh khắc tự hào của người Phenikaa

Mỗi câu chuyện, mỗi khoảnh khắc, mỗi ký ức được chia sẻ đã góp phần tạo nên “bức tranh Phenikaa – hành trình 15 năm phát triển” giản dị nhưng tràn đầy niềm tự hào và gắn kết yêu thương – nơi những giá trị, nỗ lực và tâm huyết của người Phenikaa được tỏa sáng.

Sôi động với các hoạt động thể thao, văn hóa

Không khí kỷ niệm 15 năm trở nên rực rỡ và sôi nổi hơn bao giờ hết với chuỗi hoạt động văn hóa – thể thao – gắn kết được tổ chức trên toàn hệ thống. Từ sân khấu nghệ thuật “Phenikaa All-Stars” – nơi những “ngôi sao” Phenikaa cùng tỏa sáng tài năng, đến Phenikaa Olympic – giải thể thao quy mô với hàng ngàn vận động viên tranh tài, và Ngày hội Teambuilding“Chí bứt phá – Tâm phụng sự” đầy hứng khởi. Tất cả đã hòa quyện tạo nên một chuỗi hoạt động đầy sống động của tinh thần đoàn kết, sáng tạo và trách nhiệm.

Đêm chung kết “Phenikaa All-Stars” thực sự là một “bữa tiệc” của âm nhạc và cảm xúc. Mỗi tiết mục được dàn dựng công phu, mang đậm bản sắc nội bộ, thể hiện sức trẻ, khát vọng cống hiến và tinh thần phụng sự – DNA đặc trưng trong văn hóa của Phenikaa.

Tài năng Phenikaa tỏa sáng trong đêm chung kết “Phenikaa All-Stars”

Mang thông điệp “Chí bứt phá – Tâm phụng sự”, Phenikaa Olympic quy tụ gần 3.000 lượt vận động viên đến từ các đơn vị thành viên thi đấu ở nhiều bộ môn như bóng đá, cầu lông, pickleball, giải chạy… Các cuộc đua sôi nổi, kịch tính và tinh thần “fair-play” công bằng, minh bạch đã lan tỏa thông điệp “Khỏe để phụng sự – Gắn kết để vươn xa”, thể hiện tinh thần đồng đội, quyết tâm rèn luyện và ý chí bền bỉ của người Phenikaa.

Các hoạt động thể thao thể hiện tinh thần đồng đội, quyết tâm rèn luyện và ý chí bền bỉ của người Phenikaa

Các hoạt động thể thao thể hiện tinh thần đồng đội, quyết tâm rèn luyện và ý chí bền bỉ của người Phenikaa

Bên cạnh đó, một trong những hoạt động được CBCNV Tập đoàn mong chờ nhất là Ngày hội Teambuilding “Chí bứt phá – Tâm phụng sự”, được thiết kế theo hình thức vượt chướng ngại vật. Chương trình gồm hai phần chủ đề độc đáo: “Chí” – thử thách thể lực, ý chí và tinh thần đồng đội qua các hoạt động phối hợp thể lực, hỗ trợ đồng đội và “Tâm” – thử thách trí tuệ, khả năng tư duy để cùng nhau giải quyết vấn đề, hướng đến mục tiêu chung. Các đội thi lần lượt hoàn thành thử thách là biểu tượng sống động của tinh thần Phenikaa: dám nghĩ, dám làm, dám bứt phá vì tập thể và cộng đồng.

Các hoạt động thể thao thể hiện tinh thần đồng đội, quyết tâm rèn luyện và ý chí bền bỉ của người Phenikaa

Chuỗi hoạt động văn hóa, thể thao thu hút đông đảo sự tham gia của CBCNV tới từ các đơn vị thành viên trong Tập đoàn

Lắng đọng với Lễ kỷ niệm 15 năm thành lập Tập đoàn

Khép lại chuỗi hoạt động, Lễ kỷ niệm 15 năm thành lập Tập đoàn Phenikaa được tổ chức trang trọng, ấm cúng và đầy cảm xúc với sự hiện diện của các thế hệ lãnh đạo, quản lý và toàn thể người lao động. Lấy hình tượng “gieo mầm xanh” – hành trình từ một mầm non khởi đầu đến cây đại thụ vững vàng làm biểu tượng, buổi Lễ kỷ niệm đã tái hiện chặng đường phát triển và khẳng định tầm nhìn, sứ mệnh của Phenikaa trong việc kiến tạo và lan tỏa những giá trị CHÂN – THIỆN – MỸ, đậm tính nhân văn và bền vững cho con người và xã hội.

Ban Lãnh đạo Tập đoàn Phenikaa và CBCNV cùng ghi dấu chặng đường 15 năm và mở ra giai đoạn mới trên hành trình phát triển của Tập đoàn

Tại Lễ kỷ niệm, Tập đoàn tri ân những tập thể và cá nhân đã cống hiến, đồng hành cùng Phenikaa trong suốt hành trình phát triển, góp phần xây dựng nên một hệ sinh thái gắn kết, đổi mới và nhân văn.

Trải qua 15 năm hình thành và phát triển, Tập đoàn Phenikaa đã khẳng định dấu ấn riêng với những thành tựu đáng tự hào trong các lĩnh vực Sản xuất Công nghiệp, Phát triển Công nghệ, Giáo dục Đào tạo và Chăm sóc Sức khỏe, không ngừng kiến tạo những giá trị bền vững vì con người và xã hội. Phenikaa hiện nay đã trở thành một tập đoàn kinh tế đa ngành với hơn 30 đơn vị thành viên hoạt động trong và ngoài nước, trở thành đối tác tin cậy của hàng vạn chuyên gia, nhà khoa học, doanh nghiệp, tổ chức trên khắp thế giới; được ghi nhận trong các giải thưởng uy tín của Nhà nước và các tổ chức uy tín trong nước và quốc tế như: Thương hiệu Quốc gia Việt Nam, Top 500 Doanh nghiệp lớn nhất Việt Nam, Top 100 ESG Việt Nam Xanh, Top 100 Doanh nghiệp phát triển bền vững nhiều năm liên tiếp; Giải Nhất Giải thưởng Sáng tạo Khoa học Công nghệ Việt Nam (VIFOTEC); Vicostone trở thành Top 03 thương hiệu đá thạch anh nhân tạo cao cấp toàn cầu; Đại học Phenikaa thuộc Top 01 các trường đại học – viện nghiên cứu Việt Nam trong BXH Nature Index (từ 2020 – 2024), Top 02 BXH RePEc về các tổ chứ nghiên cứu lĩnh vực kinh tế tại Việt Nam, The Awards Asia 2025; Phenikaa-X đạt Top 5 doanh nghiệp AI tại AI AWARDS 2025, Top 10 Thương hiệu Phát triển bền vững Quốc gia 2025…

Chuỗi hoạt động kỷ niệm 15 năm thành lập Tập đoàn Phenikaa là dịp gắn kết hơn 4.000 thành viên trong đại gia đình Phenikaa, thể hiện sống động cho cam kết và tinh thần “Tầm nhìn xanh – Tâm phụng sự – Nhân hạnh phúc” mà Tập đoàn đang kiên định theo đuổi. Với trái tim nhân ái và đầy nhiệt huyết, khối óc thông tuệ và sáng tạo, tinh thần trách nhiệm – phụng sự xã hội, Phenikaa sẽ tiếp tục “gieo những mầm xanh” yêu thương, kiến tạo hạnh phúc và góp phần nhỏ bé của mình trên hành trình đưa Việt Nam bước vào kỷ nguyên hùng cường, văn minh và thịnh vượng.

New Personal Income Tax Policy on Bank Transfers Every Foreigner in Vietnam Must Know

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As non-cash transactions become increasingly common, understanding Personal Income Tax (PIT)regulations concerning money received into personal bank accounts is vital for foreigners residing in Vietnam. It is a common misconception that every transfer into a personal account is immediately taxable. The tax authorities base the tax obligation on the nature of the transaction—whether the income is a taxable source—not merely the volume of money in and out of the account.

The General Department of Taxation, specifically the E-commerce Tax Sub-department, has provided guidance outlining 8 categories of income received into personal accounts that are subject to PIT (based on the Law on Personal Income Tax 2007, as amended).

8 Types of Taxable Income Received into Personal Accounts

Foreigners should be particularly aware of the following eight scenarios, as these forms of income, when received into a personal account, are generally subject to Vietnamese PIT if they meet the tax thresholds.

  1. The first category is Income from Business Activities and Professional Practices. This includes income from production, business, and licensed professional practices. It is important to note a key exemption: Individuals engaging in business activities with an annual revenue of 100 million VND or less are not subject to PIT or Value Added Tax (VAT) on this income.
  2. The second category is Income from Salaries and Wages. This covers all income classified as salaries and wages, but it specifically excludes legally specified allowances and subsidies that are not considered part of the salary or wage structure.
  3. The third source of taxable income is Income from Capital Investment. This includes interest from loans, dividends, and other forms of capital investment returns. An important exception here is that income from interest on Government bonds is generally exempt.
  4. Following this, the fourth category is Income from Capital Transfer. This involves income from the transfer of capital contributions in economic organizations, transfer of securities, and other forms of capital transfer.
  5. The fifth category is Income from Real Estate Transfer. This covers income from the transfer of land use rights, houses, attached assets, and the right to lease land or water surface. It includes all forms of income derived from real estate transfer.
  6. The sixth taxable source is Income from Winnings. This includes income from lotteries, promotions, betting, games, and prize-winning competitions, covering all forms of winnings as stipulated by law.
  7. The seventh category deals with Income from Royalties. This involves income from the transfer or licensing of intellectual property rights and income from technology transfer.
  8. Finally, the eighth category is Income from Commercial Franchising, which refers to income generated from franchising activities.
Important Considerations

These 8 types of income are subject to PIT only if they reach the prescribed taxable level according to current Vietnamese tax regulations. A crucial point is that there is No Double Taxation: If an individual has already fully complied with their tax obligations on a specific source of income, subsequent bank transfers related to the final payment of that already-taxed income will not be taxed again. The core principle is to Focus on the Source: tax is levied on the nature and source of the income (whether it is one of the 8 taxable categories), not simply the transfer of money between accounts. For example, personal transfers between family members or the repayment of a personal loan are typically non-taxable, provided they are not disguised forms of the taxable income listed above.

Foreign residents are strongly advised to consult with a qualified tax professional in Vietnam to ensure full compliance with the law and understand how these regulations specifically apply to their unique financial situation and income sources.

Thailand Denies Reports That Belarusian Model Was Killed and Had Organs Harvested in Myanmar

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Thai authorities have dismissed reports claiming that a Belarusian model was abducted from Thailand and later murdered for her organs by a scam gang in Myanmar.

The shocking allegation first appeared on the Russian news outlet Mash, then was echoed by Western media outlets such as The Daily Mail and The Sun, quickly spreading across social networks last week.

According to those reports, Vera Kravtsova, 26, allegedly traveled from Belarus to Thailand in September for a modeling job interview in Bangkok. She was said to have been coerced into crossing into Myanmar, where she was enslaved at a cybercrime center and later killed when she failed to meet her “targets.” The group allegedly sold her organs on the black market and demanded USD 500,000 from her family to return her body.

However, Thai Immigration Bureau spokesperson Maj. Gen. Choengron Rimpadee said on October 21 that investigations found no evidence she was forced to leave Thailand or coerced into Myanmar.

Security footage from Suvarnabhumi Airport shows Kravtsova completing check-in and departure procedures on her own before boarding Thai Airways flight TG301 to Yangon on September 20. “There was no indication that she was under duress or accompanied by anyone,” Rimpadee said.

Thai police stated that what happened to Kravtsova after her arrival in Myanmar remains outside Thailand’s jurisdiction. Authorities have reinforced measures to prevent foreigners from being lured into scam operations, and in 2025 alone, around 34,000 individuals were denied entry into Thailand for security reasons.

The alleged murder remains unverified, and both Thai and Myanmar authorities have not confirmed any such case.

TikToker Famous for Cycling Across Vietnam Detained for Alleged Charity Fund Fraud

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TikToker Đào Quang Hà, known for his viral journey cycling from Hanoi to Ho Chi Minh City, has been criminally detained by Thanh Hoa police for allegedly misappropriating donations raised under the guise of charity.

According to the Thanh Hoa Provincial Police, Hà, 24, from Hung Yen Province, is being investigated for appropriating property through a fraudulent charity campaign. He is the creator of the TikTok channel “Hà và Việt Nam,” which has over 200,000 followers and nearly 10 million likes.

Earlier this year, Hà gained online fame for cycling more than 1,700 kilometers across Vietnam in just 16 days, using his grandfather’s old bicycle. His journey was widely followed, and each of his videos attracted millions of views. He later shifted to posting charity-related content.

However, police say that after a car crash involving a Dak Lak charity convoy in Thanh Hoa went viral, Hà — though not present at the scene — posted videos criticizing a local driver and called for public donations to “support” the victims.

Investigators allege he collected 43 million VND in donations, but spent 40 million VND for personal use instead of charity purposes.

Hà’s arrest follows an ongoing investigation into misuse of charity funds and online defamation related to the Thanh Hoa accident. Authorities warn the public to verify all online fundraising campaigns before donating.

Man Attacked by Wild Bear on His Way Home in Da Nang Highlands

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A man in a mountainous area of Da Nang suffered serious injuries after being attacked by a wild bear while walking home in the evening.

According to Lieutenant Colonel Do Quang Vinh, head of the Ga Ry Border Guard Station, the victim was identified as Mr. Pơloong Nhương, 48, head of A Tu 1 village in Hung Son commune, Da Nang City.

At around 6:30 p.m. on October 21, local residents discovered Mr. Nhương lying unconscious on the roadside with multiple deep wounds consistent with claw and bite marks from a wild animal.

Border guards immediately dispatched a medical team to provide first aid and coordinated with local authorities to transfer the victim to a military medical post for emergency treatment.

Doctors reported that Mr. Nhương sustained severe injuries to his face and lower jaw, with significant blood loss. He has since regained consciousness and confirmed that he was attacked by a wild bear on his way home.

Authorities have visited the victim’s family to offer support and have urged residents to avoid traveling alone, especially in the late afternoon or evening, as they continue to track the bear’s movements in the area to ensure public safety.

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