Why International Tourists Are Flocking to Vietnam During the Low Season

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Vietnam’s tourism industry has reached an unprecedented milestone: welcoming record numbers of international visitors in July and August — traditionally considered the low season.

Record-Breaking Arrivals in Summer 2025

According to data from the General Statistics Office released on September 6, Vietnam received 1.56 million international visitors in July and 1.68 million in August. These figures surpass the country’s peak season arrivals in September–October 2024 (1.3 and 1.4 million respectively), marking the highest-ever summer visitor numbers in Vietnam’s history.

Tour operators in Hanoi, Ho Chi Minh City, and Khanh Hoa also reported inbound bookings rising 15–40% year-on-year, highlighting strong international demand despite the off-peak period.

Why Tourists Choose Vietnam in the Off-Peak Season

1. Competitive Prices and Quieter Destinations
For travelers like Natacha Santos from Portugal, Vietnam’s summer offers affordable airfares and less-crowded attractions. “I enjoy visiting during the low season because it’s quieter and more authentic,” she said while exploring Ho Chi Minh City in August.

2. Tourism-Friendly Policies
Experts attribute the surge partly to government initiatives:

  • Aggressive tourism promotion through cultural and culinary events in major cities.

  • Visa policy expansion, including 45-day visa-free entry for more countries.

  • New direct flights and increased frequencies from China, South Korea, India, and Australia, boosting connectivity to destinations like Phu Quoc, Nha Trang, and Da Nang.

3. Diversified Travel Experiences
Vietnam’s summer travel offerings have become more varied, from beach resorts in Da Nang, Phu Quoc, and Ha Long to cultural tours and international festivals.

Global Travel Trends Favor Vietnam

  • Seasonal shift in Western travel habits: Many tourists now travel in summer instead of fall-winter, taking advantage of long holidays and lower prices.

  • Geopolitical and economic changes: Uncertainty in the U.S. and overcrowding in other Southeast Asian destinations (Thailand, Indonesia) make Vietnam a more appealing, affordable, and safe alternative.

  • Extreme heat in Europe: Record-breaking summer temperatures above 46°C in Southern Europe drove travelers to cooler destinations, with Vietnam emerging as a popular choice.

Key Source Markets in 2025

  • China, South Korea, and Taiwan account for 50% of summer arrivals, thanks to short distances and cost-effective travel options.

  • India and Russia showed impressive growth — up 300% year-on-year — supported by new flight routes and relaxed visa policies.

  • Europe, the U.S., and Australia also contributed strongly, with many travelers opting for off-season trips to take advantage of discounts.

A Shift Toward Year-Round Tourism

In the first eight months of 2025, Vietnam welcomed nearly 14 million international visitors, with over 3.2 million in July–August alone. Experts predict that September could see 1.8 million arrivals, continuing the growth momentum into the year-end festival season.

According to Pham Ha, CEO of Lux Group, this trend signals a transformation: “Vietnam’s tourism is moving away from short peak periods to attracting visitors year-round. This provides stability for service providers and reduces reliance on just a few months of high demand.”

Takeaway

Vietnam’s unique mix of affordable travel, improved connectivity, favorable visa policies, and diverse experiences has turned its so-called low season into a new growth engine. The country is no longer just a seasonal hotspot but an all-year-round destination for international tourists.

Police Bust Weapons-Assembly Ring: Thousands of Military-Style Guns and Parts Seized

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Hanoi, 15 Sept 2025 — Vietnam’s Criminal Police Department (C02) has dismantled a major illegal weapons network led by Ngô Quang Vỹ, 33, that manufactured and sold thousands of military-style firearms and parts online, authorities announced.

Key facts

  • Leader: Ngô Quang Vỹ (33), from Lâm Thao, Bắc Ninh.

  • Scope: Network operated across multiple provinces with local “agents” and stash houses.

  • Operations: Bought air rifles, pellets and parts from overseas e-commerce sites, then modified and assembled them into lethal firearms using mechanical workshops.

  • Sales channels: YouTube, Facebook, Telegram, Viber and Zalo livestreams and private channels — included installation tutorials and direct sales.

  • 2025 activity: More than 3,500 transactions recorded this year alone.

  • Seizures: Authorities confiscated dozens of completed weapons (including PCP air rifles and shotguns), roughly 130,000 pellets, thousands of parts and machining equipment.

  • Raids: On 13 Sept, nearly 200 officers from C02 and provincial police (Lai Châu, Hà Tĩnh, Bắc Ninh, Hải Phòng) simultaneously searched homes of 33 suspects.

  • Forensics: Initial expert analysis classified the seized guns and core components as military-grade weapons.

How the ring operated

Investigators say the group imported airguns, pellets and spare parts, then used CNC machines and metalworking tools to alter components and convert them into high-power firearms with increased lethality. Finished weapons were hidden in rented properties and sold to buyers nationwide, including customers in mountainous areas seeking hunting arms.

Members promoted sales through social media livestreams, demonstrated assembly and offered shipping instructions. The trafficking business is estimated to have generated tens of billions VND.

Law enforcement response

The operation was led by C02 under the direct supervision of Thượng tướng Nguyễn Văn Long, Deputy Minister of Public Security. The coordinated raids aimed to disrupt production, trace distribution networks and collect evidence for prosecution under laws against manufacturing, storing and trading illegal firearms.

Public safety and next steps

Authorities warn the public about illegal weapons markets online and have called for continued vigilance. Police will pursue criminal charges against suspects and continue investigations into suppliers, money flows and customers who purchased modified firearms.

Vietnam Ranks Third in Southeast Asia’s Booming E-commerce Market

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Hanoi – Vietnam’s e-commerce market reached a value of over 25 billion USD in 2024, marking a 20% year-on-year growth and accounting for nearly 10% of the country’s total retail and consumer services revenue. With this milestone, Vietnam now ranks third in Southeast Asia, behind only Indonesia (65 billion USD) and Thailand (26 billion USD), according to the Ministry of Industry and Trade.

The figures were released on September 5 during the E-commerce and Cross-border E-commerce Forum, held as part of the Vietnam International Sourcing 2025 Exhibition in Hanoi.

Vietnam’s e-commerce growth and outlook

Vietnam’s e-commerce industry continues to expand rapidly, with projections estimating the market could reach 63 billion USD by 2030.

Key growth sectors in 2024 included:

  • FMCG products (up 62%)

  • Home appliances and technology (up 41%)

  • Fashion and accessories (up 39%)

This rapid growth has been fueled by rising online consumer demand, logistics improvements, and the increasing global presence of Vietnamese businesses.

Cross-border e-commerce: A new growth driver

Deputy Minister of Industry and Trade Phan Thị Thắng highlighted that many Vietnamese brands and local products are now reaching international markets via global platforms. Vietnamese businesses are expanding their online presence in key markets such as the US, China, EU, Japan, and South Korea, while also exploring opportunities in ASEAN, the Middle East, Russia, and Australia.

Globally, the cross-border e-commerce market was valued at 791.5 billion USD in 2024, with expected growth of over 30% in the coming years. In Vietnam, cross-border e-commerce has become a strategic pillar for national exports, integrated into the Government’s GoGlobal Plan to strengthen international trade.

Strategic plans for 2026–2030

According to the National E-commerce Development Master Plan (2026–2030), cross-border e-commerce will play a central role in building a sustainable digital export ecosystem and enhancing the competitiveness of Vietnamese enterprises in global markets.

The Ministry of Industry and Trade, along with the Department of E-commerce and Digital Economy, is implementing measures such as:

  • Improving institutional frameworks and policies

  • Supporting training and capacity building for businesses

  • Strengthening connections with leading international e-commerce platforms

  • Coordinating with Vietnamese trade offices abroad to promote and expand exports

With strong government support and increasing digital adoption, Vietnam’s e-commerce sector is set to remain one of the most dynamic markets in Southeast Asia.

Da Nang Cyclo Tours Introduce Multilingual Smart Guide Technology

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Da Nang – Visitors to Da Nang are now enjoying a unique experience when booking cyclo rides around the city: vehicles are being equipped with smart guide technology that offers real-time commentary in up to 15 languages, including English, Japanese, Korean, and Chinese.

On September 15, the Da Nang Tourism Promotion Center announced the trial launch of technology-equipped cyclo tours designed to combine traditional sightseeing with modern digital experiences.

Smart cyclo tours with multilingual commentary

Unlike the usual cyclo ride where tourists simply enjoy the view, passengers are now provided with individual devices and headphones throughout the journey. Using GPS positioning, the system automatically plays audio commentary whenever the cyclo passes a landmark, sharing historical stories, cultural insights, and real-time introductions to attractions.

Tourists can also interact with an AI chatbot integrated into the application to ask questions and learn more about the places they are visiting.

The guide system supports 15 languages, making it convenient for both domestic and international visitors. Popular routes include trips along the Han River, passing iconic destinations such as Dragon Bridge, APEC Park, Han Market, and Han River Bridge.

A new way to experience Da Nang

Da Nang’s cyclo service has long been part of the city’s cultural identity. Traditionally used for transporting goods, cyclos are now mainly used for tourism in destinations like Da Nang and Hoi An.

Since August 15, the trial program has received positive feedback. A total of 83 selected cyclo drivers have undergone training in device operation, foreign language basics, customer service, and local knowledge. The cyclos are also standardized in design, featuring stainless steel frames, cushioned passenger seats, and sunshades.

Health checks and traffic law training ensure that drivers can provide both safe and informative experiences for visitors.

Free service until end of September

According to the service provider, the introduction of smart commentary has significantly increased bookings.

“The smart cyclo tours with multilingual guide service will be free of charge until the end of September. Starting October, passengers will pay the normal ride fare plus a guiding service fee of about 50,000 VND per trip,” the representative said.

With this initiative, Da Nang aims to enhance the appeal of its city tours, blending traditional charm with innovative technology to provide a memorable and modern travel experience for visitors.

Ho Chi Minh City Police Urgently Arrest 3 Youths for Snatching “Cô Hồn” Offerings

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Ho Chi Minh City – Police have urgently arrested three young men for stealing offering tables during the “cúng cô hồn” ritual, an act that authorities say constitutes robbery of property.

Three Teenagers Arrested

On September 15, the Criminal Police Department of Ho Chi Minh City confirmed the urgent arrest of:

  • Mai Anh Kiệt (18, resident of Bảy Hiền Ward)

  • Nguyễn Tuấn Hùng (17, resident of Bảy Hiền Ward)

  • Hà Kim Bảo (17, resident of Tân Hòa Ward)

The three are under investigation for property snatching. Another minor, T.Q.Đ. (15), is also being investigated.

The Incident at PNJ Store

Around 4 p.m. on September 6, staff at the PNJ jewelry store on Âu Cơ Street, Tân Hòa Ward, set up an offering table for the traditional cúng cô hồn ritual. The table displayed fruits, candies, roasted chicken, xôi, chè, and 200,000 VND in cash.

Just minutes later, a group of youths on motorbikes stopped in front of the store. One jumped off, forcefully snatched the metal table, causing offerings to scatter across the road, before fleeing with his accomplices.

Although the 200,000 VND was recovered by staff, the stainless steel table — considered store property — was taken.

Series of Thefts Across the District

During police questioning, the suspects admitted to multiple thefts on the same day. Earlier, they had gathered in an alley and planned to steal offering tables from local households during the cô hồn ritual.

They later joined another group of around 10 youths, also roaming to steal offerings. Throughout the day, they managed to snatch several stainless steel tables, fruits, and candies from homes and temples in District 11.

The stolen tables were hidden near a local checkpoint before police tracked them down.

Public Security Concerns

Authorities emphasized that such acts are not harmless pranks but criminal offenses that threaten public order.

“Taking advantage of the cô hồn ritual to steal offerings is a violation of the law and can lead to criminal prosecution,” Ho Chi Minh City police said.

They urged citizens to remain vigilant, report suspicious activities, and prevent youths from being lured into crimes disguised as “ritual traditions.”

Hanoi Surpasses Bangkok to Rank as Asia’s Second-Best Street Food City

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Hanoi has officially beaten Bangkok to claim the title of Asia’s second-best street food city, according to a recent ranking by Time Out.

The magazine praised Vietnam’s capital as a culinary treasure trove, where visitors can discover hidden gems tucked away in narrow alleys, up winding staircases, and on bustling street corners.

A Culinary Wonderland in the Old Quarter

Foodies are encouraged to join the long lines at Banh Mi 25 in Hanoi’s Old Quarter for its famous barbecue pork bánh mì, or venture into tucked-away spaces for a steaming bowl of northern-style pho. Among the city’s many specialties, humble yet flavorful dishes like boiled snails also stand out as must-try experiences.

Why Hanoi Stands Out

According to Time Out, the ranking considered key factors including:

  • Affordability – delicious meals at wallet-friendly prices.
  • Accessibility – ease of finding authentic eats across the city.
  • Dish quality – fresh ingredients and flavors rooted in tradition.

These qualities helped Hanoi rise above Bangkok, long celebrated for its street food culture, in this year’s ranking.

A Growing Global Recognition

Hanoi’s vibrant street food scene is increasingly earning global recognition, reflecting the city’s unique blend of tradition and innovation. For travelers and locals alike, it’s not just about the food—it’s about the experience of savoring dishes that capture the spirit of Vietnam.

Vietnam Among World’s Fastest-Growing Travel Destinations With 21% Surge

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Vietnam has emerged as one of the world’s fastest-growing tourism destinations, recording a remarkable 21% growth in the first half of 2025 — a rate matched only by Japan — while global tourism expanded by just 5%, according to the United Nations Tourism Organization (UN Tourism).

Strong rebound in international travel

UN Tourism reported that nearly 690 million international tourist arrivals were recorded worldwide in the first six months of 2025, an increase of 33 million compared to the same period in 2024. Despite regional variations, the figures highlight a robust recovery of global travel.

UN Tourism Secretary-General Zurab Pololikashvili emphasized that “despite global challenges, international tourism continues to demonstrate resilience and growth momentum.”

For Vietnam, the surge in visitors and revenue has significantly contributed to local economies, jobs, and livelihoods. At the same time, it underscores the need for sustainable and inclusive development, with greater collaboration among local stakeholders.

Vietnam outpaces regional peers

Among major destinations, Vietnam and Japan each grew 21%, followed by Morocco (+19%), South Korea (+15%), Mexico and the Netherlands (+7%), and Malaysia and Indonesia (+9%). France and Spain — the world’s top destinations — grew by 5%, while Hong Kong (+7%) remains below pre-pandemic levels.

Earlier UN Tourism data also ranked Vietnam as the 6th fastest-growing destination in Q1 2025, with a 30% year-on-year rise in international arrivals. Vietnam also placed 2nd globally in recovery compared with 2019 levels (+34%) and 4th in tourism revenue growth (+29% vs. 2024).

According to Vietnam’s General Statistics Office, the country welcomed over 6 million foreign visitors in Q1 alone — the highest quarterly figure in its history. The Vietnam National Administration of Tourism (VNAT) noted that this performance makes Vietnam a “bright spot” in Asia-Pacific, where many countries are still struggling to recover from the pandemic.

Policy support and industry efforts

Vietnam’s growth is credited to the tourism sector’s coordinated efforts, ranging from policy development to creative promotional campaigns and diverse product offerings. The government has also introduced supportive measures, including more open visa policies to attract high-spending international travelers.

Global tourism trends

Globally, Africa recorded the strongest growth (+12%), led by North Africa (+14%) and Sub-Saharan Africa (+11%). Asia-Pacific saw an 11% rise, reaching 92% of pre-pandemic levels, with Northeast Asia surging 20% year-on-year (though still 8% below 2019). Europe welcomed nearly 340 million arrivals (+4% vs. 2024 and +7% vs. 2019), with Central and Eastern Europe rising 9%.

The International Air Transport Association (IATA) reported that both international passenger traffic and airline capacity grew 7% year-on-year. Hotel occupancy worldwide reached 69% in June, nearly matching last year’s 70%.

Tourism revenue also climbed in many destinations in early 2025: Japan (+18%), the UK (+13% through March), France (+9%), Spain (+8%), and Turkey (+8%).

Inflation remains a challenge

Despite positive growth, UN Tourism’s September survey highlighted persistent challenges such as high transport and accommodation costs. “Tourism inflation” is projected to ease from 8% in 2024 to 6.8% in 2025, but remains above pre-pandemic averages (3.1%) and global inflation levels (4.3%). This may prompt travelers to tighten budgets, opt for closer destinations, shorten trips, or cut expenses.

Vietnam’s Prime Minister Orders Urgent Review of Monetary, Gold, and Stock Markets

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Vietnam Insider | September 11, 2025 | Prime Minister Pham Minh Chinh has issued a directive calling for urgent reports and proposed solutions on the management and oversight of Vietnam’s monetary, gold, and stock markets amid growing concerns about macroeconomic stability and market fluctuations.

The directive, issued under Official Telegram No. 161/CĐ-TTg on September 11 and signed by Deputy Prime Minister Ho Duc Phoc, requires key ministries and regulators to provide detailed assessments of current market conditions and propose appropriate management strategies.

Central Bank Tasked with Reporting on Currency, Gold, and Real Estate Credit

The Governor of the State Bank of Vietnam (SBV) has been directed to submit a comprehensive report by September 14, 2025, detailing the implementation of monetary policy. The report must include updates on Exchange rates; Gold prices; Interest rates and Credit flows into the real estate sector

In addition to these updates, the SBV is expected to put forward policy recommendations to help stabilize and better manage the monetary and gold markets. Following the submission, Deputy Prime Minister Phoc will convene a high-level meeting with SBV leadership and representatives from relevant ministries and agencies.

Ministry of Finance to Report on Stock and Bond Markets

Meanwhile, the Ministry of Finance has been tasked with reporting on the stock market, including equities, derivatives, and bonds, by September 15, 2025. The Ministry is also expected to propose specific regulatory and operational measures to address any emerging risks or inefficiencies.

A follow-up meeting will be held with the Minister of Finance, relevant Deputy Ministers, and other key government bodies to review the findings and coordinate next steps.

Coordinated Oversight to Address Market Volatility

The directive underscores the government’s concern over market volatility and its potential impact on economic stability, especially amid global financial uncertainties, exchange rate pressures, and speculative activity in the gold market.

By calling for synchronized monitoring and proactive policy coordination between the central bank and financial regulators, the government aims to safeguard investor confidence, ensure liquidity across markets, and maintain a stable macroeconomic environment.

Vietnam Insider will continue to monitor developments and provide updates on policy actions and market responses in the coming days.

Europe Holds Interest Rates Steady Amid Global Trade Uncertainty

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Vietnam Insider | September 11, 2025 – The European Central Bank (ECB) has decided to keep its benchmark interest rate unchanged at 2% for the second consecutive time, reflecting cautious sentiment in the face of global economic uncertainty—particularly surrounding U.S. import tariffs.

Following its policy meeting on September 11, the ECB stated that inflation across the eurozone remains close to its 2% target, with little change in the outlook. “The Governing Council’s assessment of the inflation outlook is largely unchanged,” the ECB noted, signaling that its decision aligned with investor expectations.

The current rate was set in June 2025 after eight consecutive rate cuts since mid-2024, as the ECB sought to stimulate growth amid tepid economic performance. However, the central bank is now adopting a data-dependent approach, emphasizing flexibility and refraining from forward guidance on future rate moves.

Economic Headwinds from U.S. Tariffs

The ECB’s cautious stance comes as the eurozone faces mounting uncertainty from trade tensions with the United States. Although the European Union (EU) recently signed a trade agreement with the U.S. that included a reciprocal 15% tariff framework, unresolved disputes—such as levies on wine and spirits—continue to create friction.

Investor concerns were further heightened after U.S. President Donald Trump threatened retaliation against the EU for a €3.45 billion ($3.7 billion) antitrust fine imposed on Google. Washington’s aggressive trade posture has fueled volatility in transatlantic economic relations, putting pressure on both investment and exports.

The U.S. remains the EU’s largest trade and investment partner, with European exports to the U.S. totaling €503 billion ($590 billion) in 2024. Yet, despite this strong economic linkage, growth in the eurozone has been sluggish. In Q2 2025, the euro area’s GDP grew by only 0.1%, down significantly from 0.6% in Q1.

Lagarde: Growth Pressures Will Ease in 2026

At the post-meeting press conference, ECB President Christine Lagarde acknowledged that the inflation outlook remains uncertain amid a volatile global trade environment. She pointed to several headwinds—including high import tariffs, a strengthening euro, and intensified global competition—that may continue to constrain the bloc’s economic growth through the end of the year.

However, Lagarde remained cautiously optimistic, forecasting that the negative impacts from these challenges are expected to subside in 2026.

Outlook

With inflation stable but growth fragile, the ECB is likely to maintain a wait-and-see approach in the coming months. Investors will be closely watching upcoming data and policy shifts, particularly any escalation in U.S.-EU trade tensions or changes in the global interest rate landscape.

As Europe navigates this uncertain path, the central bank’s commitment to data-driven decision-making may offer some reassurance—but significant risks to growth and investor sentiment remain.

Stay updated with Vietnam Insider for more insights on global economic trends and their impact on Vietnam and the ASEAN region.

Northern Vietnam Braces for First Cold Air Masses by Late September

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HANOI — Northern Vietnam could begin to feel the first signs of seasonal cold air by the end of September, though meteorologists caution that the early surges will be weak and unstable, bringing little immediate change in temperatures.

The National Center for Hydro-Meteorological Forecasting reported on September 11 that between now and October 10, the number of tropical storms and depressions forming over the East Sea (South China Sea) is expected to remain in line with long-term averages. Typically, this means about two to three systems may form, with one likely making landfall in Vietnam. These storms could impact the mainland, especially coastal provinces.

Widespread heavy rain is forecast in the Red River Delta and across provinces stretching from Thanh Hóa to Quảng Ngãi. Meanwhile, southern Vietnam and other parts of central Vietnam will continue to see frequent showers and thunderstorms, with occasional days of heavy downpours.

Nationwide, the risk of dangerous weather events such as thunderstorms, whirlwinds, hail, lightning, and strong gusts remains elevated through the forecast period.

According to meteorologists, cold air masses are expected to arrive in northern provinces by late September. However, the intensity will be relatively weak and unstable at first, meaning significant drops in temperature are unlikely in the short term.

Some localized heatwaves may still occur in the northern midlands, the Red River Delta, and areas from Thanh Hóa to Huế during the early part of the forecast period.

Looking further ahead, from now until the end of November, central Vietnam could receive 10–30% more rainfall than average. Should storms or tropical depressions coincide with easterly winds and incoming cold air, meteorologists warn of the possibility of extremely heavy rainfall — raising concerns over potential historic flooding events in the central region.

Vietnam’s National Credit Agency Breached: Hackers Claim Data on Nearly Entire Population

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HANOI — Vietnam has become the latest country to face a sweeping data breach that could impact most of its population. Hacker group ShinyHunters claims to have exfiltrated more than 160 million records from the Credit Institute of Vietnam (CIC), the state-run agency responsible for managing national credit information.

A Breach on a National Scale

While past global breaches have made headlines for their size — from Facebook’s 2019 incident affecting 553 million users to Ecuador’s 2019 database leak that exposed nearly the entire country — Vietnam now finds itself in a similar position.

CIC, which operates under the State Bank of Vietnam, plays a critical role in collecting, storing, and analyzing credit data on both individuals and organizations. It provides credit ratings, helps mitigate financial risks, and delivers official credit information services nationwide.

ShinyHunters boasted on Telegram that Vietnam was “owned within 24 hours.” They later listed the data for sale on a dark web forum, posting samples allegedly showing sensitive personal and financial records, including:

  • General personal identifiers (PII)
  • Credit payment histories and risk analyses
  • Encrypted credit card data (requiring decryption)
  • Military and government ID numbers
  • Tax IDs and income statements
  • Debt obligations

The dataset, according to ShinyHunters, spans historical records as well, which could explain why the number of entries — more than 160 million — exceeds Vietnam’s current population of approximately 102 million.

How the Hack Happened

Speaking to cybersecurity monitoring site DataBreaches.net, ShinyHunters claimed they targeted CIC due to the vast scale of its database, estimated at more than 3 billion records across all tables. They said they exploited an “n-day vulnerability” in software that was already at its end of life, meaning no security patch was available.

When asked whether extortion or ransom demands were made, ShinyHunters said no attempt was pursued, as they assumed CIC would not respond. Instead, the data was put up for direct sale.

Who Is Behind It?

The breach has been attributed directly to ShinyHunters. The group clarified it was not linked to other well-known cyber collectives such as Scattered Spider or Lapsus$, despite years of speculation about overlaps.

Why This Matters

If confirmed, the CIC breach would represent one of the most severe cybersecurity incidents in Southeast Asia. By potentially exposing the financial and personal data of nearly every Vietnamese citizen, it threatens not only individual privacy but also financial stability and national security.

As the situation unfolds, regulators, banks, and individuals alike are being urged to strengthen security measures and prepare for possible misuse of leaked data.

Credit Institute of Vietnam Data Breach: What We Know So Far

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HANOI — A massive data breach at the Credit Institute of Vietnam (CIC) is sending shockwaves through the country’s financial system, with early reports suggesting the personal and financial records of millions may have been exposed. The breach first surfaced on darknet forums in early September, raising urgent concerns over identity theft, fraud, and even national security.

1. How the Breach Was Discovered

Monitoring group Kaduu first detected the breach on September 8, 2025, during routine scans of Breachsta.rs, a notorious darknet marketplace for stolen data. The post was allegedly made by the hacker collective ShinyHunters, long known for high-profile financial and identity theft operations across Asia and beyond.

2. What Hackers Claim to Have Stolen

According to ShinyHunters, the compromised database includes:

  • Personally Identifiable Information (PII) such as names, addresses, and ID numbers
  • Credit payment histories and risk analyses
  • Encrypted credit card data (requiring decryption of the FDE algorithm)
  • Military and government ID records
  • Tax identification numbers
  • Income statements and outstanding debt reports

The hackers are reportedly offering the data for $175,000.

Sales listing on a hacking forum. Image: DataBreaches.net.
3. Why This Case Is Different

Unlike typical leaks that expose partial records, the CIC breach involves complete financial profiles—a combination of personal IDs, income data, debt reports, and credit histories. Cybersecurity analysts warn this represents “the financial DNA of an entire nation,” with potentially devastating long-term consequences.

4. Risks to Individuals and Institutions

Experts highlight several immediate risks:

  • Identity theft: Criminals can impersonate victims using leaked IDs and tax records.
  • Financial fraud: Once decrypted, credit card data could be exploited for large-scale fraud.
  • Credit manipulation: Exposed income and debt information could be used to alter financial reputations.
  • National security threats: The exposure of military and government IDs poses systemic risks.
5. How Widespread Is the Impact?

While the full scope remains unclear, analysts at DataBreaches.net warn that most Vietnamese citizens with credit histories could be affected, given CIC’s central role in credit reporting nationwide. This makes it one of the most serious cybersecurity incidents in Southeast Asia in recent years.

6. Expert Commentary

Independent specialists emphasize that this is not just a financial issue but a systemic one. “This breach is a turning point,” said one cybersecurity analyst. “We are not just looking at stolen bank cards; this is about long-term trust in Vietnam’s financial infrastructure.”

7. What You Can Do Right Now

Authorities and cybersecurity experts urge Vietnamese citizens to take immediate precautions:

  • Change passwords for all online banking and financial accounts
  • Enable two-factor authentication wherever possible
  • Monitor accounts for unusual activity and request credit monitoring services
  • Stay alert for phishing calls or emails posing as banks or regulators
  • Contact banks to review recent card transactions
  • Consider reissuing government IDs if leaks are confirmed
  • Temporarily freeze your credit report to prevent fraudulent use
Why This Breach Matters

The Credit Institute of Vietnam breach is more than a data leak—it strikes at the heart of financial trust and national security. With stolen records being marketed for a relatively modest sum on darknet forums, the threat is not only immediate but could persist for years as data circulates across underground markets.

For regulators, financial institutions, and individuals, the message is clear: vigilance and rapid response are essential to minimize the fallout of one of the most dangerous cyber incidents ever reported in Vietnam.

Vietnam Issues Cybersecurity Warning After Data Breach at National Credit Information Center

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HANOI — The Vietnam Computer Emergency Response Team (VNCERT) has confirmed a cybersecurity incident at the National Credit Information Center (CIC), with initial findings indicating signs of a criminal attack aimed at stealing personal data. Authorities say urgent containment measures have already been deployed.

According to VNCERT, the breach was first reported on September 10. Early investigations revealed evidence of unauthorized access and data compromise. The Cybersecurity and High-Tech Crime Prevention Department immediately directed VNCERT to coordinate with major information security providers including Viettel, VNPT, and NCS, along with CIC and relevant units under the State Bank of Vietnam. Joint technical and operational measures have been launched to contain the threat, verify the scope, and secure the system. Evidence related to the breach is also being collected for legal action.

Preliminary results suggest that cybercriminals infiltrated CIC systems with the intent of stealing sensitive personal data. The exact scale of the compromised data is still under assessment.

Sales listing on a hacking forum. Image: DataBreaches.net.

VNCERT has issued a strict warning, urging organizations and individuals not to download, share, exploit, or use any leaked data. Violators will face legal consequences under Vietnamese law.

The agency further advised government agencies, businesses, and especially financial institutions and banks to review their systems and comply with the newly issued national standard TCVN 14423:2025 on cybersecurity for critical information infrastructure. Citizens are also urged to remain vigilant against potential misuse of stolen data, including scams, malware distribution, and fraudulent asset appropriation.

This breach highlights growing risks in Vietnam’s financial and digital infrastructure, underscoring the importance of robust cybersecurity standards and coordinated response mechanisms.

Trump Ally Charlie Kirk Shot Dead During Speech at Utah Valley University

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Utah, USA – Conservative activist Charlie Kirk, a key ally of President Donald Trump, was shot dead while delivering a speech at Utah Valley University on September 10. The shocking incident has sparked nationwide grief and renewed concerns about political violence in the United States.

Shooting at Utah Valley University

Gunfire erupted at around 12:20 p.m. local time (11:20 p.m. Hanoi time) as Kirk, 31, addressed an audience of nearly 3,000 people at the university campus in Orem, Utah. Witnesses reported that Kirk suddenly clutched his neck before collapsing.

Video clips shared online captured the chaotic moment of the shooting, as the crowd screamed and rushed for safety. Authorities believe the shooter may have fired from a rooftop. The suspect remains at large.

“This is a dark day for our state and a painful moment for our nation,” Utah Governor Spencer Cox said, calling the attack a politically motivated assassination.

Trump Mourns “Legendary” Ally

President Donald Trump confirmed Kirk’s death on social media, calling him “great, even legendary” and praising his deep connection with America’s youth.

“No one understood and connected with young Americans better than Charlie. He was loved and admired by so many, especially by me,” Trump wrote, announcing flags across the U.S. would be flown at half-staff until September 14.

Witness Accounts of Chaos

Former Utah Congressman Jason Chaffetz, who was present, described the moments before the attack.

“Kirk was answering a question about mass shootings when the gunfire erupted. He collapsed immediately. People screamed and ran,” Chaffetz told Fox News.

Another attendee, Sophie Anderson, 45, recalled: “He was shot in the neck, and there was blood everywhere. It was horrifying.”

Who Was Charlie Kirk?

  • Founder of Turning Point USA, America’s largest conservative youth organization.

  • Host of the popular Charlie Kirk Show podcast and frequent Fox News contributor.

  • Amassed over 5.3 million followers on X (Twitter).

  • Played a critical role in mobilizing young voters for Trump’s 2024 presidential comeback.

Kirk’s sudden death is seen as a major blow to the conservative movement and to Trump’s support base among young voters.

A Nation in Shock

Law enforcement agencies have sealed off the scene and are questioning potential suspects. Meanwhile, political leaders and commentators across the spectrum are calling for calm as investigations continue.

The Utah Valley University shooting is expected to reignite debates about gun violence, political extremism, and security at public events in the U.S.

Vietnam to Launch Online Gold Exchange, Allows Private Imports for First Time in a Decade

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Vietnam Insider – Vietnam will open an online gold exchange and, starting next month, permit private companies to import gold for the first time in over ten years. The measures are designed to cool soaring domestic gold prices and bring the market closer in line with global trends.

According to the State Bank of Vietnam (SBV), the central bank is studying international models as it works on launching the exchange. Authorities are also considering whether gold could be traded through the Mercantile Exchange of Vietnam or at a planned international financial center, Deputy Governor Pham Quang Dung said.

The government’s new decree, effective October 10, ends the SBV’s monopoly on gold bullion production and allows qualified firms to import gold under annual quotas. Economists say this could help stabilize supply, narrow the gap with international prices, and improve market transparency.

Gold remains a popular investment and store of value in Vietnam, but domestic prices have surged 60% since the start of the year and remain about 23% higher than global benchmarks. Previous attempts by the central bank to ease pressure through auctions and bank sales have had limited success.

Economist Vo Tri Thanh noted that while imports could ease prices, they may also add pressure on Vietnam’s foreign exchange reserves: “The more gold you import, the larger the outflow of U.S. dollars.”

In parallel, the central bank said it will strengthen oversight of gold trading firms to combat speculation, money laundering, and illegal cross-border flows. The announcement comes as authorities prosecute a former CEO of Saigon Jewellery, a state contractor for bullion production, on charges of embezzlement and abuse of power.

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