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.
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.
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.
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.
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.
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 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.
Vietnam has become one of Asia’s most affordable and rewarding destinations, especially for Indian travelers and other budget-conscious tourists. With its stunning landscapes, vibrant street food culture, and rich history, the country offers an immersive holiday experience that doesn’t have to cost more than $500 for a six- to seven-day trip—if you plan wisely.
Managing the Biggest Costs: Flights and Visa
Airfare is the largest expense. Round-trip flights from India to Vietnam typically range between $215 and $265 when booked in advance. Low-cost carriers like VietJet Air, AirAsia, and IndiGo frequently offer competitive fares, often via Bangkok, Kuala Lumpur, or Singapore.
The visa process is also simple and affordable. Indian travelers can apply online for an e-visa at about $25, with processing times of 3–5 working days.
Tip: Book flights two to three months ahead and use tools like Skyscanner or Google Flights to track price drops.
Choosing the Right Itinerary
To avoid extra travel costs, focus on one region instead of trying to see the entire country in a single trip. Two popular options are:
North Vietnam: Hanoi and Ha Long Bay, combining history, culture, and dramatic landscapes.
South Vietnam: Ho Chi Minh City and the Mekong Delta, blending vibrant city life with rustic riverside charm.
Covering both regions in one budget trip adds significant internal travel costs, so it’s better to explore deeply in one area.
Foreign tourist in Vietnam. Photo: @clumsy_charly & @backofthebiketours
Affordable Accommodation
Vietnam offers excellent value for accommodations. Clean and comfortable hostels start around $6–8 per night, while budget hotels and guesthouses typically range from $14–22 per night. For six nights, expect to spend $72–96 in total.
Eating on a Budget
Vietnam is a food lover’s paradise, and eating well on a budget is easy. Street food staples like pho (noodle soup), banh mi(baguette sandwich), and spring rolls usually cost $1–2.50 per meal. Daily meals can be managed for about $7 if you stick to local eateries.
Must-try dishes include Hanoi’s famous egg coffee, Da Nang’s fresh seafood, and Ho Chi Minh City’s smoky street-side barbeques.
Getting Around
Within cities: Ride-hailing apps like Grab are inexpensive, with most rides costing $1–2.
Between cities: Sleeper buses and trains are an affordable adventure, priced at $18–24 for routes like Hanoi–Da Nang.
Day tours: Shared group tours to Ha Long Bay or the Mekong Delta cost around $24–30, including transport and meals.
Attractions That Won’t Break the Bank
Vietnam’s cultural sites and museums charge modest fees, usually $1–4. Highlights include:
Hoan Kiem Lake and Hanoi Old Quarter – free to explore
Travel during shoulder seasons (March–April or September–October) to avoid peak prices.
Carry U.S. dollars for currency exchange, which generally yields better rates than Indian rupees.
Skip luxury cruises and resorts; opt for shared tours and hostels.
Pre-book tours online to lock in discounts.
Bring essentials like a power bank, basic medicines, and a reusable water bottle to avoid extra costs.
FAQs
Is Vietnam cheaper than Thailand? Yes—Vietnam is generally more affordable for food, accommodation, and sightseeing. How many days are enough? Six to seven days are ideal for exploring one region, while a full-country trip requires 12–14 days. Is vegetarian food available? Yes, though somewhat limited. Look for “chay” restaurants that specialize in vegetarian cuisine. Do I need to book a package tour? Not at all. Independent travel is easy, thanks to budget airlines, online booking platforms, and apps like Grab.
With thoughtful planning, a week-long Vietnam trip can be enjoyed for under $500, covering flights, stay, food, transport, and attractions. From the bustling streets of Hanoi to the serene waters of Ha Long Bay, Vietnam offers priceless experiences—without the price tag.
Vietnam Insider — A new study by Yale University warns that President Donald Trump’s import tariff policies could drive nearly one million additional Americans into poverty by 2026.
On September 9, The Budget Lab, a research center at Yale, released a report estimating that Trump’s tariff plan would increase the U.S. poverty population by about 875,000 people within two years, including approximately 375,000 children.
The findings are based on the Official Poverty Measure (OPM) — the long-standing benchmark of the U.S. Census Bureau, which evaluates poverty using pre-tax income. According to researchers, the impact of higher import taxes and consumer prices will fall disproportionately on low-income households, as they spend a larger share of their earnings on essential goods. This makes them more vulnerable to price shocks.
Economists also note that poorer households tend to purchase more imported goods — the very products most affected by tariffs. Official U.S. data released on September 9 showed nearly 36 million Americans were living in poverty by the end of last year.
“Import tariffs are essentially taxes on American families because they target goods and services, not income,” explained John Ricco, Policy Research Director at The Budget Lab. The center projects that the U.S. poverty rate could rise from 10.4% to 10.7% as a result of tariff policies.
Responding to the report, White House spokesperson Taylor Rogers told CNN that Trump’s first-term economic agenda “helped families grow wealthier while reducing income inequality.” He argued that in a second term, a combination of domestic tax cuts, import tariffs, and increased investment would “end the economic disaster caused under Joe Biden.”
Rogers also pointed to fresh government data showing that U.S. inflation is cooling, claiming tariffs have not raised prices “as so-called experts predicted.” The Producer Price Index (PPI) unexpectedly fell 0.1% in August. However, Barclays economists cautioned that the headline PPI data “masked underlying strength” and warned that “inflation remains persistent.”
On average, U.S. tariffs on imported products now stand at 17.4% — the highest level since 1935, according to The Budget Lab.
Trump’s tariff policies also face legal headwinds. After unfavorable rulings from the U.S. Court of International Trade in Manhattan and the federal appeals court in Washington, the government has appealed to the Supreme Court. On September 9, the Court agreed to hear the case.
If the tariffs are ultimately deemed unlawful, roughly 70% of Trump’s announced trade measures this year could be struck down. Still, analysts and even Trump administration officials suggest the president will look for alternative ways to preserve them.
The cryptocurrency market has emerged as one of the most dynamic investment frontiers, offering both immense opportunities and significant risks. Alongside legitimate projects and innovations, a growing number of scams are targeting investors worldwide.
Understanding how these scams work is the first step in protecting your assets.
Exploiting Investor Emotions
Volatility is a hallmark of the crypto market, and scammers exploit it skillfully. Many schemes feed on fear of missing out (FOMO), urging investors to “act now” before prices skyrocket. Others manipulate fear of loss, pushing investors into rash decisions. When urgency overrides rational thinking, fraudsters gain the upper hand.
Phishing: Fake Emails and Websites
Phishing remains one of the most common tricks in the digital asset space. Fraudsters send emails that appear to be from trusted exchanges or wallet providers, often embedding links to convincing fake websites. Once investors input their credentials or seed phrases, criminals gain full access to their wallets. Even experienced traders can be deceived by the sophistication of these imitations.
“Ghost” Projects and False Promises
Another widespread scam is the creation of fake investment projects—complete with professional-looking websites, whitepapers, and social media campaigns. These so-called startups promise revolutionary technology and extraordinary returns. In reality, they are designed to siphon funds before disappearing, leaving investors with worthless tokens or nothing at all.
How to Stay Protected
Practical steps can help investors minimize risk:
Verify before you trust: Always double-check URLs, email domains, and official project details.
Do your own research: Go beyond promotional material; seek independent, credible analysis.
Question unrealistic returns: Any promise of guaranteed profit should be treated as a warning sign.
Protect your keys: Never share private keys or recovery phrases under any circumstances.
The promise of cryptocurrency comes with undeniable risks. While the market offers legitimate opportunities, it also attracts bad actors seeking to exploit investor enthusiasm. By staying informed, verifying sources, and exercising caution, investors can avoid costly traps and focus on real, value-driven opportunities in this rapidly evolving space.
(Vietnam Insider) – Vietnam’s stock market staged a late-session recovery on September 11, with the VN-Index climbing 10 points after a steep morning decline. Gains in key large-cap stocks—particularly VIC, VHM, and LPB—provided the backbone for the turnaround, while MWG, FPT, and STB also reversed course to support the rally.
Market Reversal in Afternoon Session
The VN-Index began the afternoon still in negative territory, slipping further below its reference level. However, momentum improved after 2 p.m., lifting the benchmark index above water and eventually closing the session up by around 10 points.
Blue-chip strength was critical: Vingroup (VIC), Vinhomes (VHM), and LienVietPostBank (LPB) held firm in positive territory with steady liquidity. Meanwhile, Mobile World (MWG), FPT, and Sacombank (STB) bounced back from losses, giving the index further support.
Despite the rebound, the overall market picture remained fragile—described as “green shell, red core”—with more than 200 stocks still declining on the HoSE.
Morning Session Dragged by Heavy Selling
Earlier in the day, the VN-Index plunged below the 1,640-point mark during the opening auction (ATO) and slid further as selling pressure spread across sectors. The benchmark ended the morning at 1,629.5 points, down nearly 14 points from the previous session.
Decliners dominated: 261 stocks fell (73% of listings), while only 75 advanced.
Notable outliers: Eight mid- and small-cap stocks hit their ceiling prices.
Sector performance: Only real estate, chemicals, retail, and technology recorded gains, with Vingroup and Vinhomes providing the strongest cushion.
Banking and Securities Under Pressure
The banking and securities sectors led the morning downturn:
Securities: VIX slumped 5.3% with over VND 1 trillion in trading value. SSI dropped nearly 3% but led the market in liquidity at over VND 2.3 trillion. Other brokers—VND, HCM, FTS, VDS, CTS—fell 2–3.9%.
Banking: VPB dropped 3.5%, while SHB, ACB, CTG, EIB, HDB, and MSB all shed more than 2%. Only LPB and KLB managed to hold gains across the sector.
Liquidity and Foreign Flow
Liquidity surged: HoSE turnover reached nearly VND 19.9 trillion in the morning, 1.5 times higher than the same period yesterday.
Foreign investors net sold: roughly VND 1.23 trillion, with SSI facing nearly VND 398 billion in outflows. MSB and SHB also saw heavy net selling above VND 100 billion each.
Analyst Outlook
In a morning note, VPBank Securities (VPBankS) commented that the previous day’s rebound was largely technical and dependent on blue-chip support. The VN-Index remains below its 20-day moving average (MA20), with liquidity still weaker than the 20-session average—signaling insufficient demand to confirm a sustained recovery.
VPBankS expects the index to fluctuate between 1,625 and 1,655 points in the near term, with performance diverging across sectors. The firm advises investors to avoid chasing rallies and instead consider short-term T+ trades (buying and selling quickly) in stocks that hold above MA20 or show reversal signals at technical support levels.
(Vietnam Insider) – Vietnam has officially taken its first step toward a regulated cryptocurrency market, with Deputy Prime Minister Ho Duc Phoc signing Resolution 05/2025/NQ-CP on September 9. The landmark decision authorizes a five-year pilot program for digital asset trading, signaling a cautious but significant shift in the country’s financial landscape.
A Controlled Opening
The resolution emphasizes Vietnam’s measured approach: promoting innovation while maintaining strict oversight to safeguard investors and ensure financial stability. All issuance, trading, and payment activities involving digital assets must be carried out exclusively in Vietnamese dong.
Only enterprises licensed by the Ministry of Finance will be permitted to operate digital asset exchanges, manage issuance platforms, or market related products. Compliance with existing laws on anti-money laundering, counter-terrorism financing, cybersecurity, and data protection is mandatory.
Key Restrictions and Investor Protections
The resolution stipulates that only Vietnamese enterprises may issue digital assets, and these assets must be backed by tangible underlying assets—excluding securities and fiat currencies. Such tokens can be offered to and traded by foreign investors only through licensed providers, with issuers required to publish a prospectus at least 15 days prior to any offering.
To qualify, service providers must hold minimum registered capital of VND 10 trillion (USD 379 million), with at least 65% contributed by institutional investors. Foreign ownership is capped at 49%.
Applicants are also subject to stringent governance standards, including robust risk management frameworks, advanced IT systems, and qualified personnel such as certified securities professionals and cybersecurity experts.
Outlook
This move places Vietnam among a growing number of Asian economies experimenting with regulated cryptocurrency frameworks. While the pilot reflects a cautious embrace of digital finance, its strict requirements underscore the government’s intent to balance innovation with investor protection and systemic stability.
(Vietnam Insider) – Russia has announced that its cancer vaccine has successfully completed preclinical testing, delivering strong results in both safety and effectiveness. The news was shared by Veronika Skvortsova, head of the Federal Medical-Biological Agency (FMBA), during the Eastern Economic Forum (EEF).
Skvortsova explained that the vaccine has been under development for years, with the past three years focused on mandatory preclinical studies. “The vaccine is now ready for use, and we are awaiting official approval,” she said.
According to the FMBA, tests showed the vaccine was safe even with repeated doses, while also achieving significant outcomes: tumor shrinkage and slower progression in 60% to 80% of cases, depending on the type of cancer. Researchers also reported improved survival rates among test subjects.
Early Targets and Expansion
The vaccine’s initial target will be colorectal cancer. At the same time, research teams have also made promising progress in developing vaccines for glioblastoma and certain types of melanoma, including ocular melanoma, which are already at advanced stages of development.
Personalized mRNA Cancer Vaccine
In August, Alexander Gintsburg, Director of the Gamaleya Research Institute of Epidemiology and Microbiology, announced that the first patients in Russia may soon receive a new AI-powered cancer vaccine.
This vaccine, based on mRNA technology, is personalized for each patient. It is designed to attack malignant tumors using the individual’s genetic profile. Clinical trials are set to begin within months at two leading oncology centers in Moscow – the Hertsen Research Institute and the Blokhin Cancer Center.
“The Ministry of Health has approved a trial plan involving melanoma patients,” Gintsburg said. “This vaccine is completely personalized, made specifically for each patient based on their tumor data, and cannot be used for anyone else.”
AI-Accelerated Development
The project began in mid-2022 using mRNA technology. The vaccine works by training the immune system to identify tumor-specific antigens and destroy cancer cells throughout the body.
Originally intended for melanoma, the vaccine has shown encouraging results in animal testing and limited human trials. Thanks to artificial intelligence, the process—from analyzing a tumor to producing a personalized vaccine—can be completed in just one week.
Nhân kỷ niệm dấu mốc trọng đại 150 năm gắn bó cùng sự hình thành và phát triển của ngành bia Việt Nam, Tổng Công ty Cổ phần Bia – Rượu – Nước giải khát Sài Gòn (SABECO) chính thức khởi động chiến dịch “150 Năm Di Sản Vươn Cao” nhằm tôn vinh di sản ngành bia và vai trò của SABECO trên hành trình gìn giữ và phát huy truyền thống nghề nấu bia, đồng thời khẳng định cam kết tiếp tục vươn lên, đồng hành cùng bước tiến của đất nước trong chặng đường tương lai.
Trong suốt chặng đường phát triển, SABECO đã trở thành một hình ảnh quen thuộc gắn liền với đời sống của người Việt với những thương hiệu bia biểu tượng như 333 và Bia Sài Gòn. Khởi nguồn từ năm 1875 tại một cơ sở sản xuất nước đá nhỏ phục vụ nhu cầu giải khát ở miền Nam Việt Nam, SABECO đã không ngừng vươn cao, kế thừa tinh thần tiên phong để vượt qua nhiều giai đoạn chuyển mình, và viết nên một di sản bền vững.
Không chỉ là nhân chứng cho sự chuyển mình và tiến bộ của đất nước, SABECO ngày nay đã trở thành một người bạn đồng hành của Việt Nam – một thương hiệu mang tinh thần tiên phong, khát vọng vươn lên, đại diện cho niềm tự hào dân tộc, sự đổi mới sáng tạo và bản sắc Việt tiến bộ. Với đội ngũ chuyên gia nấu bia người Việt lớn nhất cả nước – những người am hiểu sâu sắc khẩu vị bản địa và cam kết mang đến chất lượng chuẩn quốc tế với hương vị đậm chất Việt – SABECO tự hào là một thương hiệu quốc gia được xây dựng bởi chính bàn tay và tâm huyết của người Việt.
Chiến dịch “150 Năm Di Sản Vươn Cao” là lời tri ân của SABECO dành cho di sản ngành bia và mối gắn kết sâu sắc của thương hiệu với người dân Việt Nam, đồng thời là lời khẳng định mạnh mẽ về cam kết tiếp tục đồng hành cùng đất nước vươn tới một tương lai thịnh vượng.
Cùng Tôn Vinh Hành Trình Vươn Cao Cùng Đất Nước với “Hành Trình Di Sản” và “Đêm Di Sản”
Thành công của SABECO không chỉ được đo bằng lợi nhuận, mà bằng những giá trị tích cực mang đến cho cộng đồng quanh mình. Từ hệ thống đèn đường thắp sáng các làng quê, đến sự hỗ trợ dành cho những người lính biên phòng và gia đình trong dịp Tết, và cả tinh thần kiên cường mà SABECO cùng nhau xây dựng qua những khó khăn từ thiên tai, biến động và thử thách.
Trong khuôn khổ chiến dịch “150 Năm Di Sản Vươn Cao”, SABECO mang đến nhiều hoạt động ý nghĩa nhằm lan tỏa những câu chuyện truyền cảm hứng về tinh thần cùng nhau vươn lên, đồng thời tạo cầu nối gắn kết bền chặt với cộng đồng địa phương trên khắp mọi miền đất nước. Nổi bật trong đó là sáng kiến “Hành Trình Di Sản” – hành trình đặc biệt tượng trưng cho sự kết nối và sẻ chia, được tổ chức với mục tiêu lan tỏa câu chuyện 150 năm di sản của SABECO đến gần hơn với người dân địa phương tại các tỉnh thành nơi SABECO đã và đang gắn bó, để mỗi điểm dừng chân không chỉ là một sự kiện, mà còn là dịp cộng đồng cùng chung niềm tự hào và khát vọng vươn cao.
Chuyến xe bus “Hành Trình Di Sản” sẽ đi qua 9 tỉnh thành nơi SABECO đã và đang gắn bó để lan tỏa câu chuyện 150 năm di sản, hành trình này sẽ mang tinh thần và niềm tự hào SABECO đến gần hơn với người dân khắp nước.
“Hành Trình Di Sản” sẽ kéo dài trong hai tháng và đi qua 09 tỉnh thành trên khắp cả nước. Khởi đầu tại TP. Hồ Chí Minh – nơi đặt nền móng cho hành trình di sản của SABECO – hành trình sẽ tiếp tục đến với Cần Thơ, Vĩnh Long, Vũng Tàu, Đắk Lắk, Khánh Hòa, Bình Định, Nghệ An và dừng chân tại Thủ đô Hà Nội, khép lại một hành trình kết nối cộng đồng địa phương xuyên suốt từ Nam ra Bắc.
Song hành cùng “Hành Trình Di Sản”, chuỗi sự kiện “Đêm Di Sản” sẽ được SABECO tổ chức tại 5 tỉnh thành trọng điểm gồm TP. Hồ Chí Minh, Vĩnh Long, Khánh Hòa, Đắk Lắk và Hà Nội. Đây không chỉ là những sự kiện văn hóa – giải trí cộng đồng, mà còn là dịp để người dân địa phương khám phá sâu hơn di sản thương hiệu SABECO thông qua các trải nghiệm sống động, không gian trưng bày cảm xúc về hành trình phát triển và những dự án cộng đồng mà SABECO đã và đang theo đuổi. Bên cạnh đó, chuỗi sự kiện “Đêm Di Sản” còn mang đến nhiều hoạt động tương tác thú vị nơi người tham dự có thể thưởng thức và gắn kết cùng các thương hiệu biểu tượng như 333, Bia Sài Gòn, và Bia Lạc Việt – những hương vị gắn bó cùng đời sống và niềm tự hào của người Việt.
Các sáng kiến “Hành Trình Di Sản” và “Đêm Di Sản” không chỉ tôn vinh giá trị di sản lâu đời của SABECO, mà còn mang trong mình sứ mệnh lớn hơn: gắn kết cộng đồng khắp mọi miền và lan tỏa tinh thần vươn lên cùng nhau.
Cam Kết Mạnh Mẽ Vì Một Tương Lai Vươn Cao – Giải thưởng “Vinh danh Người Truyền Lửa”
Cũng trong khuôn khổ chiến dịch, SABECO công bố Giải thưởng vinh danh cấp quốc gia do SABECO khởi xướng và phối hợp triển khai cùng Báo Đại Đoàn Kết, dưới sự đồng hành chỉ đạo của Trung ương Mặt trận Tổ quốc Việt Nam. Giải thưởng được tổ chức nhằm tôn vinh 150 người hùng thầm lặng trên khắp cả nước – những con người bình dị nhưng đã và đang có những đóng góp tích cực cho sự phát triển của Việt Nam, đồng thời thể hiện rõ tinh thần kiên cường, đoàn kết, và khát vọng tiến bộ mà SABECO luôn theo đuổi. Trong số đó, 15 câu chuyện truyền cảm hứng nhất sẽ được công chúng cả nước bình chọn trực tuyến trên trang web chính thức của giải thưởng, để lan tỏa rộng rãi những giá trị nhân văn và khát vọng vươn lên của người Việt.
Ông Vũ Văn Tiến, Ủy viên Đoàn Chủ tịch, Trưởng Ban Tuyên giáo Ủy ban Trung ương Mặt trận Tổ quốc Việt Nam chia sẻ: “Mặt trận Tổ quốc Việt Nam chia sẻ chung tầm nhìn với SABECO trong việc ghi nhận và tôn vinh những đóng góp thầm lặng của người dân Việt Nam trên khắp cả nước. Giải thưởng này là một hoạt động ý nghĩa để lan tỏa những tấm gương bình dị, cao quý trong cộng đồng, khơi dậy giá trị nhân văn tốt đẹp, và truyền cảm hứng cho thế hệ trẻ cùng nhau xây dựng xã hội tiến bộ và tốt đẹp hơn. Chúng tôi tin rằng sáng kiến này sẽ được lan tỏa rộng rãi, góp phần nuôi dưỡng nét đẹp văn hóa, tinh thần trách nhiệm và đoàn kết trong cộng đồng”.
Giải thưởng này là minh chứng cho cam kết mạnh mẽ của SABECO trong việc đồng hành cùng mục tiêu phát triển đất nước bằng những hành động thiết thực hướng về cộng đồng. Với 6 hạng mục giải thưởng gắn liền với các trụ cột phát triển bền vững của SABECO, giải thưởng “Vinh Danh Người Truyền Lửa” tượng trưng cho sự tiếp nối di sản của các thế hệ trước, đồng thời tạo động lực cho những bước tiến mới của đất nước trong tương lai.
Ông Lester Tan – Tổng Giám đốc SABECO chia sẻ: “Từ truyền thống đến đổi mới, di sản của SABECO được tạo dựng bởi tinh thần tiên phong, đổi mới sáng tạo, và cam kết đóng góp cho cộng đồng. Chiến dịch ‘150 Năm Di Sản Vươn Cao’ là lời tri ân của SABECO dành cho những giá trị này và thể hiện niềm tự hào của chúng tôi về di sản lâu đời, đồng thời khẳng định cam kết chung tay kiến tạo một tương lai bền vững cho Việt Nam. Chiến dịch cũng phản ánh khát vọng vươn lên cùng đất nước của SABECO, bởi tinh thần đồng hành chính là yếu tố làm nên SABECO, là nguồn động lực cho sự phát triển và là nguồn cảm hứng để chúng tôi không ngừng hướng tới một tương lai tươi sáng, không chỉ với tư cách một doanh nghiệp đầu ngành, mà còn là một thương hiệu đại diện cho niềm tự hào và tinh thần Việt Nam.”
——————-
VỀ SABECO
Với di sản 150 năm trong ngành nấu bia, Tổng Công ty Cổ phần Bia – Rượu – Nước giải khát Sài Gòn (SABECO) là một trong những doanh nghiệp hàng đầu tại Việt Nam. SABECO không ngừng phát triển với vai trò tiên phong cùng tư duy đổi mới, đồng thời gìn giữ những giá trị di sản, đóng vai trò kiến tạo nên một diện mạo mới cho ngành đồ uống Việt Nam.
SABECO sở hữu 25 nhà máy, 11 công ty thương mại thành viên và mạng lưới phân phối rộng khắp cả nước. Hai thương hiệu biểu tượng là Bia Saigon (bao gồm Bia Saigon Lager, Bia Saigon Chill, Bia Saigon Special, Bia Saigon Gold, Bia Saigon Export, Bia Saigon Export Premium) và 333 (bao gồm 333 và 333 Pilsner) là niềm tự hào và dấu ấn mạnh mẽ của SABECO trên thị trường.
Cam kết về chất lượng của SABECO không chỉ thể hiện qua công nghệ nấu bia tiên tiến mà còn ở sự chuyên nghiệp trong các hoạt động thương mại, xây dựng thương hiệu và uy tín doanh nghiệp. SABECO đã vinh dự nhận được nhiều giải thưởng quốc tế uy tín như World Beer Awards, International Beer Cup 2024, và đặc biệt là được vinh danh trong danh sách Top 500 doanh nghiệp hàng đầu Đông Nam Á do tạp chí Fortune bình chọn năm 2024. Điều này khẳng định năng lực, sự tin cậy và bản lĩnh của một thương hiệu Việt trên trường quốc tế.
Lấy sứ mệnh “Kiến tạo một Việt Nam thịnh vượng” làm kim chỉ nam, SABECO tích cực triển khai các sáng kiến ESG toàn diện. Từ bảo vệ môi trường, thúc đẩy lối sống cân bằng năng động đến trao quyền cho cộng đồng và lan tỏa giá trị bền vững, SABECO cam kết mang đến những giá trị tích cực cho SABECO, các đối tác đồng thời đóng góp vào sự phát triển của cộng đồng.
Chất lượng – Tính di sản – Sự đổi mới chính là nền tảng giúp SABECO tiếp tục khẳng định vai trò là biểu tượng đáng tự hào của ngành bia Việt, ngày một vững mạnh, vươn xa.
Apple’s iPhone 17 series will be available for pre-order in Vietnam starting September 12, with delivery and launch expected on September 19—placing Vietnam among the earliest markets globally to receive the new devices.
At Apple’s “Awe Dropping” event on September 9, the company unveiled four new models: iPhone 17, iPhone Air, iPhone 17 Pro, and iPhone 17 Pro Max. Pre-orders begin on Friday, September 12, and full release is scheduled for Friday, September 19—in the U.S. and more than 63 countries, including Vietnam.
Vietnam being included among the first-wave launch markets marks a notable shift—in 2023 and 2024, iPhone 15 and 16 saw releases in Vietnam delayed by about a week.
Authorized retailers FPT Shop and F.Studio by FPT have published official starting prices (approximate conversion to USD):
Model
Starting Price (VND)
Approx. USD
iPhone 17 (256 GB)
24,990,000 VND
~$985
iPhone Air (256 GB)
~32,000,000 VND
~$1,260
iPhone 17 Pro
~35,000,000 VND
~$1,380
iPhone 17 Pro Max
Up to 64,000,000 VND
Highest-tier variant
The Pro Max 2 TB version takes the flagship’s price to an unprecedented 64 million VND, making it the most expensive official iPhone ever sold in Vietnam. All models now confirm a minimum of 256 GB of storage and adopt a 120 Hz display refresh rate.
iPhone Air is being billed as Apple’s thinnest iPhone, at just 5.6 mm thickness, featuring a titanium frame, “Ceramic Shield 2” protective glass, and a 6.5-inch 120 Hz ProMotion display.
iPhone 17 Pro and Pro Max sport larger camera modules and aluminum bodies designed for improved heat dissipation. Meanwhile, the standard iPhone 17 retains the previous generation’s design language but now includes the 120 Hz display and Apple’s A19 chip.
Retailers attribute the modestly elevated prices—3 to 4 million VND more than last year’s models—to factors including foreign exchange fluctuations, import duties, and tax policies. Nonetheless, analysts anticipate the iPhone 17 Pro Max will likely be the best-seller, potentially selling out during the initial release.
Vietnam’s elevation to a first-wave launch market is not only a boon for consumers—who may now prefer official units over parallel imports—but also reflects Apple’s growing confidence in Vietnam’s market maturity. The Ministry of Science and Technology’s Telecommunications Department has cited recent cooperation with Apple on security certification processes, helping accelerate release timelines.
Summary
Pre-orders begin September 12; available in Vietnam on September 19.
Starting prices: iPhone 17 from ~25M VND; iPhone Air ~32M; iPhone 17 Pro ~35M; iPhone 17 Pro Max up to 64M VND (2 TB).
Notable new features: 120 Hz displays on all models, minimum 256 GB storage, iPhone Air’s record-thin design.
Pricing influenced by currency, taxes.
Vietnam’s inclusion in the first wave indicates Apple’s strategic shift and rising regional importance.
