Foreign Investors Extend Selling Streak, Dump Nearly $16 Million in Real Estate Stock on Mixed VN-Index Close

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Hanoi, Vietnam – September 30, 2025 – The final trading session of September 2025 saw the Vietnam stock market trade in a narrow, indecisive range, with the benchmark VN-Index closing down slightly by nearly 5 points to settle at 1,661.7 points. Total matching order value on the Ho Chi Minh Stock Exchange (HoSE) reached approximately 29.155 trillion VND.

Persistent Net Selling by Foreign Bloc. Foreign investors continued their net selling trend, booking a substantial net outflow of 1.268 trillion VND (approximately $51.5 million) across the entire market.

HoSE: Heavy Selling Dominates

On the HoSE, the foreign bloc was a net seller to the tune of approximately 1.280 trillion VND.

The selling pressure was most concentrated in the real estate sector, with stock KDH (Khang Dien House Trading and Investment) being the hardest hit, recording a massive net sell value of 382 billion VND (around $15.5 million).

Other major stocks also faced significant selling HPG (Hoa Phat Group) was net sold by 172 billion VND and FPT, SSI, and VHM all saw net selling in the range of 103 to 121 billion VND each.

Selective Buying Focus

Despite the overall selling, foreign investors selectively purchased several key stocks, such as CII (Ho Chi Minh City Infrastructure Investment) and SHB (Saigon-Hanoi Commercial Joint Stock Bank) led the net buying across the market with values of 90 billion VND and 82 billion VND, respectively. Other banking and infrastructure-related stocks such as TCB, LPB, and TAL also attracted net buying, with values ranging from 56 billion VND to 75 billion VND.

Other Exchanges See Mixed Flows

HNX: Small Net Inflow

On the Hanoi Stock Exchange (HNX), foreign investors recorded a small net buying total of just over 18 billion VND. CEO and MBS were the primary targets, with net purchases of 25-45 billion VND. However, IDC saw significant net selling of 42 billion VND, followed by PVS with 23 billion VND in net sales.

UPCOM: Marginal Net Outflow

The UPCOM market registered a marginal net selling of 6 billion VND. ACV (Airports Corporation of Vietnam) was the main stock sold, with a net value of 20 billion VND. On the buy side, VEA and DDV saw small net purchases ranging from 3-6 billion VND.

Hanoi Commuters Struggle for Hours Amid Heavy Rain and Flooding

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Torrential rain from Tropical Storm No. 10 brought severe flooding and traffic paralysis to Hanoi on the morning of September 30, forcing many residents to abandon vehicles or spend hours inching their way to work and school.

Some commuters reported journeys taking up to three hours. Hải Anh, 28, left early from Thanh Xuân District for her office in Cầu Giấy but still endured gridlock. “Normally it takes me 45 minutes. Today it was nearly three hours,” she said, describing vehicles at a standstill along Phạm Hùng Street as thousands converged from major arteries.

Flooded roads left many stranded. Đức, 35, said his motorbike stalled in deep water near Mỹ Đình Stadium. “I had to push it for 400 meters. With no repair shop in sight, I gave up and went home,” he said.

Parents also struggled to get children to school. Nguyễn Trang, 30, attempted to take her son to class but was forced to turn back after her motorbike stalled in heavy rain. “We were soaked through, and cars created waves that nearly knocked us off,” she recalled.

By 7 a.m., major intersections such as Trôi–Lai Xá in Hoài Đức District were submerged, with vehicles turning back in long lines. Residents said flooding was the worst they had seen in more than a decade.

Hanoi Drainage Company reported rainfall of up to 198 mm in some districts within 24 hours. Pumping stations across the city, including Yên Sở, Cầu Bươu, and Đồng Bông, have been operating at full capacity to ease water levels, though conditions remain severe in several neighborhoods.

China Sentences 16 to Death Over Myanmar-Based Fraud and Murder Ring

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A court in Wenzhou, Zhejiang Province, on September 29 sentenced 16 people to death for their roles in a notorious Myanmar-based criminal network accused of online fraud, drug trafficking, prostitution, and multiple murders.

According to state broadcaster CCTV, prosecutors found that since 2015, the Ming family syndicate had exploited its influence in Myanmar’s Kokang region to establish scam compounds and coordinate large-scale criminal operations. The group was accused of running online fraud schemes, drug deals, illegal casinos, and sex trafficking rings.

The court said the syndicate used violence to control its operations, killing at least 14 people — including 10 who tried to escape or disobey orders. In one case in October 2023, gunfire erupted at a scam compound as gang members attempted to prevent victims from being repatriated to China.

Authorities revealed the group drew more than 10 billion yuan (US$1.4 billion) in financial backing from armed “sponsors.” While 16 received death sentences — five with a two-year reprieve — another 23 defendants were handed prison terms ranging from five years to life.

The verdict comes as China steps up cross-border cooperation with Southeast Asian countries to dismantle such scam hubs. Thousands of people have been repatriated from Myanmar in recent months.

The UN Office on Drugs and Crime has warned that cyber-fraud networks, many led by Chinese nationals, are generating tens of billions of dollars annually and are expanding beyond Southeast Asia to Africa, Latin America, the Middle East, Europe, and the Pacific. An estimated hundreds of thousands of people are trapped working in these compounds worldwide.

Landslide in Sa Pa Sweeps Car Off Mountain Road

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A landslide triggered by heavy rain in Sa Pa (Lào Cai Province) on September 29 sent a car tumbling down a mountainside, though the driver escaped unharmed.

At around 5:08 p.m., a section of road leading to Cát Cát village suddenly gave way, with rocks and soil crashing down onto the roadway. Dashcam footage from a following vehicle captured the moment a black car was struck and pushed off the road, sliding down the slope.

Local authorities confirmed the incident. “Fortunately, the driver is safe,” said Phan Đăng Toàn, chairman of Sa Pa Ward People’s Committee.

The car sustained significant damage after being swept downhill.

The incident comes as northern Vietnam continues to experience widespread heavy rain and thunderstorms from Tropical Storm No. 10. The National Center for Hydro-Meteorological Forecasting has warned of heightened risks of flash floods and landslides in provinces including Lào Cai, Sơn La, Phú Thọ, and Thanh Hóa, with rainfall in some areas exceeding 250mm.

Vietnam Counts 19 Dead, 13 Missing After Typhoon Bualoi’s Destructive Sweep

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Vietnam Insider – Vietnam has reported 19 deaths and 13 missing persons after Typhoon Bualoi unleashed powerful winds, torrential rain, and widespread flooding across the country.

According to the Department of Dike Management and Disaster Prevention under the Ministry of Agriculture and Environment, fatalities were concentrated in northern provinces. Eleven people were killed in Ninh Binh and Hung Yen due to tornado-like winds, while others died in Son La, Lang Son, Nghe An, Hue, Ha Tinh, Da Nang, and Thanh Hoa due to flash floods, landslides, and storm-related accidents.

Among the missing are 12 fishermen from Ho Chi Minh City whose boats sank while sheltering in Quang Tri, and eight more crew members from Gia Lai who lost contact with authorities while operating 110 nautical miles offshore.

Widespread Damage Across Multiple Provinces

The storm damaged more than 104,000 homes, with Ha Tinh alone accounting for nearly 79,000. Over 9,400 hectares of rice and crops and 1,700 hectares of aquaculture farms were submerged or destroyed, particularly in Nghe An and Ha Tinh.

Infrastructure damage is severe:

  • 3,400 electricity poles were toppled, leading to widespread blackouts in Thanh Hoa, Nghe An, Ha Tinh, and Quang Tri.
  • More than 13,000 trees were uprooted.
  • Floodwaters cut off national highways at 163 locations, causing significant traffic disruptions.
  • Ten dike and embankment failures were reported, including major breaches in Ninh Binh, Thanh Hoa, Ha Tinh, and Quang Tri.

Air travel was also disrupted, with 42 flights canceled and 51 delayed at airports in Da Nang, Phu Bai, Dong Hoi, and Tho Xuan.

Bualoi, which formed on September 24 east of the Philippines, made landfall in Ha Tinh early on September 29 with winds reaching Category 11 on the Beaufort scale. Some areas, including Thua Thien-Hue, received up to 857 mm of rainfall, triggering floods on multiple rivers such as the Chu, Ma, Ca, and Ngan Pho.

Prime Minister Pham Minh Chinh has issued an emergency directive, extending condolences to victims’ families, urging free medical treatment for the injured, and mobilizing resources to search for the missing and restore essential services.

Authorities also ordered hydropower plants Hoa Binh and Tuyen Quang to release water from their reservoirs to ease flood risks downstream.

Typhoon Bualoi weakened into a tropical depression after 13 hours on land, but its devastation leaves behind a long road to recovery for affected provinces.

Vietnam Awaits Key FTSE Decision on Market Reclassification to Secondary Emerging Market

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Vietnam’s stock market is approaching a pivotal moment. On October 8, 2025, FTSE Russell will release the results of its September 2025 semi-annual market classification review (after U.S. markets close on October 7). Investors are closely watching whether Vietnam will be upgraded from Frontier Market to Secondary Emerging Market status.

Expectations of a potential upgrade have created both anticipation and anxiety among institutional and retail investors. The VN-Index has traded sideways over the past month, while liquidity dropped sharply—from VND 55.6 trillion ($2.2 billion) in August to VND 39.7 trillion ($1.6 billion) in September. Brokerage house Vietcap remains confident that FTSE Russell will deliver a positive outcome for Vietnam.

Key FTSE Russell Criteria Still Under Review

Settlement Cycle (DvP): Currently rated “Restricted” (must reach “Pass” for upgrade). The barrier has been the requirement for foreign institutional investors to fully pre-fund trades at T+0. Vietnam’s Ministry of Finance addressed this in Circular 68 (November 2024), introducing a Non-Pre-Funding (NPF) settlement process. Over the past 11 months, FTSE Russell has been monitoring its effectiveness. Vietcap believes this criterion now meets the “Pass” level.

Settlement Costs for Failed Trades: Upgraded from “Unrated” to “Restricted” in March 2025. Since NPF implementation, Vietnam has established clear procedures for trade failures, including timelines and costs. Only one failed trade has been recorded (December 2024), which was successfully resolved, serving as a stress test for the system. Vietcap expects this criterion to also reach “Pass.”


Remaining Concerns
  • Capacity of NPF Providers: Of 82 securities firms in Vietnam, only 10 currently offer NPF services. Their maximum combined capacity is VND 132 trillion ($5 billion). The top three brokers serving foreign investors—led by Vietcap—have a combined capacity of VND 40 trillion ($1.5 billion). This is sufficient to handle the estimated $1 billion inflows from index-tracking funds, which are expected to invest in tranches of $200–250 million over 4–5 phases rather than in a single block.

  • Cash Settlement Timing: Index funds often need to sell assets in T+2 markets to fund Vietnam purchases. The key safeguard is Auto-FX arrangements between investors and custodian banks, ensuring timely funding. Without Auto-FX, funds still have until 3:00 pm T+3 to transfer capital domestically, reducing settlement risk.

  • Account Opening Process: Foreign investors have long cited administrative burdens. The State Bank of Vietnam has since streamlined procedures under Circulars 03 and 25, removing the requirement for consular legalization. Account opening now typically takes only two weeks, depending on investor–custodian cooperation.

Has FTSE Made Its Decision?

Not yet. Despite market rumors, no decision has been finalized. FTSE Russell’s process involves multiple layers:

  • FTSE Equity Country Classification Advisory Committee (Sept 2, 2025): technical experts in trading, custody, and portfolio management.

  • FTSE Russell Policy Advisory Board (Sept 18, 2025): senior figures from investment management and asset ownership.

Recommendations from these groups are reviewed by the FTSE Russell Index Governance Board, which makes the final decision this week. Membership and views of the advisory committees remain confidential.

What Happens if Vietnam Is Upgraded?

If confirmed, Vietnam’s upgrade will be published in FTSE Russell’s September 2025 Annual Market Classification Review, along with an FAQ detailing:

  • Implementation schedule (likely 4–5 tranches, first as early as March 2026)

  • List of 10–15 Vietnamese stocks to be included initially

  • Vietnam’s projected index weightings across FTSE benchmarks

Index funds will begin account registration and trading code applications immediately after the announcement.

Expected Capital Flows

  • Passive inflows: at least $1 billion during implementation

  • Total net foreign inflows: $6–8 billion, with potential for $10 billion in an optimistic scenario, combining both passive and active funds

  • Index weight: Vietnam projected at 0.3% in the FTSE Emerging Markets All Cap China A Inclusion Index, with ~30 Vietnamese stocks qualifying based on size, liquidity, and foreign ownership limits

The upgrade would provide a powerful counterbalance to persistent foreign net outflows—estimated at over $9 billion since 2023.

Outlook

Vietnam’s possible elevation to Secondary Emerging Market status marks a transformative step in its capital market development. If confirmed, it could unlock billions in foreign inflows, enhance market depth, and bolster Vietnam’s role in global emerging market portfolios.

For investors, the FTSE decision on October 8, 2025 will be a defining moment to watch.

Ho Chi Minh City Rises in Global Financial Centre Rankings, Surpasses Bangkok and Nears Jakarta

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(Vietnam Insider) – Ho Chi Minh City (HCMC) has strengthened its position on the global financial map, climbing in the Global Financial Centres Index (GFCI 38) to rank 95th out of 120 international financial hubs. With a score of 664 points, the city advanced three places from the previous report, surpassing Bangkok and moving within close reach of Jakarta.

More importantly, HCMC has been identified among the Top 16 financial centres worldwide expected to increase in influence over the next 2–3 years, reflecting its growing integration and competitiveness in the global financial system.

Regional Context

Within ASEAN, Singapore remains the region’s leader, ranking 4th globally with 763 points, while Kuala Lumpur holds 45th place with 714 points. Jakarta ranks 91st with 668 points, only four points ahead of HCMC, whereas Bangkok has slipped to 102nd with 657 points.

This shift positions HCMC as an emerging contender in Southeast Asia’s financial landscape, highlighting Vietnam’s accelerating reforms and ambitions to build a global financial hub.

Strengths and Challenges

The improved ranking stems from multiple factors: Regulatory reforms aimed at greater transparency and a more business-friendly environment. Strong fintech momentum, with international recognition of HCMC as a vibrant testing ground for innovations such as e-wallets and blockchain applications. Increased foreign investment flows, with global funds and banks expanding their footprint in the city.

However, challenges remain. HCMC’s financial and technological infrastructure still lags behind Singapore and Kuala Lumpur. The city also faces a shortage of high-level talent in fintech, capital markets, and risk management, while building long-term global credibility will require sustained effort.

A Turning Point: Digital Assets

Momentum may accelerate with the Vietnamese government’s recent Resolution 05/2025, which launches a five-year pilot program for a digital asset market. Analysts believe this could provide HCMC with a significant competitive edge, particularly as global financial centres increasingly embrace digital assets and fintech innovation.

Outlook

For international investors, HCMC’s steady rise reflects both opportunities and risks. As ASEAN emerges as one of the world’s fastest-growing economic regions, HCMC’s combination of a dynamic economy, rapid digital adoption, and proactive policy reforms positions it as a city to watch.

If it can continue to build out financial infrastructure, attract top-tier talent, and enhance international trust, HCMC may soon move beyond being an “international contender” to a recognized regional financial powerhouse.

Vingroup Plans $100 Million Bond Issuance to Restructure Debt, Expands Into Humanoid Robotics

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(Vietnam Insider) – Vietnam’s largest private conglomerate, Vingroup (HoSE: VIC), has announced plans to issue VND 2,500 billion ($100 million) worth of corporate bonds to restructure its debt portfolio, while simultaneously ramping up investments in advanced robotics.

According to a filing with the Hanoi Stock Exchange (HNX), the Board of Directors has approved a private placement of bonds with a face value of VND 100 million each and a maximum tenor of 24 months. The bonds will be non-convertible, non-warranted, and secured by assets of Vingroup and/or third parties. Subscription will be restricted to qualified professional investors in compliance with Vietnamese securities law.

The proceeds will be used specifically to restructure existing debt, signaling Vingroup’s continued efforts to optimize its balance sheet while navigating a period of large-scale investments across multiple industries.

Expansion into Robotics

In a parallel development, Vingroup announced the creation of a new subsidiary, VinDynamics, focused on humanoid robotics. The entity will be incorporated with a charter capital of VND 500 billion ($20 million), of which Vingroup will contribute 51%. Its headquarters will be located at the Symphony Office Building in Vinhomes Riverside, Hanoi.

VinDynamics will specialize in research, development, production, and technology transfer in humanoid robotics. This move expands Vingroup’s ecosystem in high-tech manufacturing, following the establishment of VinRobotics and VinMotion, two subsidiaries launched earlier with charter capital of VND 1,000 billion each.

Both VinRobotics and VinMotion are majority-owned by Vingroup (51%), with Chairman Pham Nhat Vuong directly holding 39%. His two sons, Pham Nhat Quan Anh and Pham Nhat Minh Hoang, each own 5%. Nguyen Mai Hoa, a long-time Vingroup executive, serves as legal representative for both companies, underscoring her growing leadership role in the group’s high-tech initiatives.

Strategic Implications

For investors, the twin announcements highlight Vingroup’s dual strategy: Debt optimization through short-term capital raising to manage its liabilities more efficiently; Diversification into frontier technologies, reinforcing its ambition to be a global player not just in real estate and electric vehicles, but also in next-generation robotics.

This diversification could position Vingroup as a regional leader in advanced manufacturing, with potential synergies across its existing businesses in smart homes, electric mobility (VinFast), and AI-driven solutions.

Vietnamese Entrepreneur Turns Local Rice into Global Whisky Brand

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(Vietnam Insider) – While many young professionals pursue careers in global corporations, one Vietnamese woman has taken a different path: bringing the soul of her homeland to the world through a bottle of whisky distilled from local rice.

Born in Vinh Phuc in 1985, Hoa My built her career working for leading multinational companies, including IBM, Oracle, Facebook, and Google. After years of success in the United States and beyond, she decided to “return to the village” — not just in a physical sense, but in spirit — to transform the humble Vietnamese rice grain into a world-class product.

Her brand, Rượu Làng (Village Whisky), is a unique creation that fuses Vietnamese heritage with international whisky-making techniques. Instead of barley or corn, she uses rice — the very staple that has nurtured generations in Vietnam. The result is a whisky that carries the fragrance, warmth, and authenticity of Vietnamese culture, but presented in a modern, premium form for global consumers.

This bold vision has already received international recognition. At the SIP Awards 2025 in the United States, Rượu Làng’s signature product won Double Gold, placing it alongside some of the world’s finest spirits. Competing against renowned Japanese and Scotch whiskies, a bottle born from Vietnamese rice earned its place on the global stage.

“Like French champagne or Scotch whisky, Vietnam also deserves a signature spirit rooted in our own culture. I want the world to know the taste of our rice not just as food, but as an experience,” Hoa My shared.

@ VILLAGE CHÂTEAU

Her entrepreneurial journey is more than just about building a brand — it’s about telling a story. Every sip of Rượu Làng carries the tale of rural Vietnam: rice fields, village traditions, and the resilience of local farmers. For international audiences, it represents discovery and authenticity; for Vietnamese people, it symbolizes pride and cultural identity.

In building Rượu Làng, Hoa My also contributes to the local economy by sourcing rice directly from farmers and creating sustainable value chains. Her model demonstrates how cultural heritage, when innovatively reimagined, can generate both economic growth and global recognition.

The success of Rượu Làng highlights a broader trend: Vietnamese entrepreneurs are increasingly looking to globalize traditional products, from coffee and tea to fashion and technology. By infusing creativity and modern branding into local culture, they are writing a new chapter for Vietnam’s position in the global marketplace.

For Hoa My, this is just the beginning. “Vietnamese rice whisky deserves to sit on the same shelves as Scotch and Japanese brands,” she said. With global awards now in hand, her vision is quickly becoming reality — proving that even the simplest grain of rice can carry a nation’s story to the world.

Vietnam Emerges as a Leading Crypto Market in Asia with $600 Million Traded Daily

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HANOI – Vietnam has solidified its position as one of Asia-Pacific’s largest cryptocurrency markets, with on-chain transactions estimated at $220–230 billion annually, or more than $600 million per day, according to a new report by blockchain analytics firm Chainalysis.

The report shows that Vietnam now ranks third in Asia-Pacific (APAC) for on-chain crypto transaction volume, behind only India and South Korea. The country accounts for nearly 10% of the region’s total on-chain activity, underscoring its role as a key player in global digital finance.

While transaction volumes rose 55% year-on-year between July 2024 and June 2025, Vietnam’s growth rate was lower than the triple-digit increases recorded in markets like Japan, Indonesia, and India. Analysts interpret this as a sign of market maturity, where cryptocurrencies are already deeply integrated into remittances, gaming, and daily financial activities.

Digital assets are no longer niche in Vietnam. A 2024 study by Triple-A estimated that over 20% of the population owns cryptocurrency, placing Vietnam among the world’s top three nations in digital asset adoption. According to Chainalysis, crypto penetration in Vietnam is three to four times the global average, reflecting its rapid integration into mainstream finance and society.

For years, Vietnam’s crypto sector operated without a clear legal foundation. That is set to change. In June 2025, the National Assembly passed the Digital Technology Industry Law, which takes effect on January 1, 2026, officially recognizing digital assets as property under civil law. This provides the legal basis for taxation and regulatory oversight.

In parallel, the government has approved a five-year pilot program for a regulated digital asset market, covering issuance, trading, and service provision. Plans for two international financial centers in Ho Chi Minh City and Da Nang include regulatory “sandboxes” designed to attract blockchain and crypto innovation.

The Chainalysis report highlights APAC as the world’s fastest-growing region for crypto activity, frequently surpassing North America in monthly trading value. The top 10 APAC countries account for nearly three-quarters of the region’s total on-chain transactions.

India leads with $338 billion in annual crypto transactions, driven by remittances and fintech adoption. South Korea ranks second, where cryptocurrencies are traded similarly to equities under the 2024 Digital Asset User Protection Act. Japan, meanwhile, has seen a sharp rebound, fueled by regulatory reforms, tax adjustments, and the licensing of its first yen-backed stablecoin.

Vietnam’s rapid adoption of digital assets, combined with its evolving legal framework and government-backed initiatives, is positioning the country as a strategic hub for blockchain innovation in Southeast Asia.

For global investors, the combination of high adoption, robust transaction volumes, and regulatory clarity could make Vietnam one of the most promising emerging markets in the digital asset space over the next five years.

HCMC Traffic Police Chase 50km to Arrest Car Theft Suspect

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Traffic police in Ho Chi Minh City pursued a stolen vehicle for nearly 50 kilometers before apprehending the suspect in neighboring Tay Ninh Province.

On September 28, HCMC police received a report of a seven-seat car stolen in Lam Dong Province. The vehicle was later detected speeding through the city’s northwest gateway area.

A patrol team led by Lieutenant Colonel Phan Thanh Tuấn, head of the Tay Bac Traffic Police Station, spotted the car at the Tinh Lo 7 – Tinh Lo 2 intersection and gave chase.

The suspect, realizing he was being followed, accelerated recklessly across multiple roads toward Tay Ninh. After a prolonged pursuit, officers managed to overtake the vehicle in a deserted stretch, forcing it to stop. The driver attempted to flee on foot but was swiftly subdued and handcuffed.

Police recovered a lock-picking tool, known locally as a “doản”, from the suspect. He has since been handed over to Lam Dong police for further investigation.

Not Bui Vien or Ta Hien: UK Magazine Names This Ho Chi Minh City Neighborhood Vietnam’s “Coolest”

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When it comes to vibrant nightlife in Vietnam, many would think of Bui Vien Street in Ho Chi Minh City or Ta Hien Street in Hanoi. But in a surprise twist, British travel magazine Time Out has ranked another area in central Ho Chi Minh City as Vietnam’s most exciting neighborhood in its “39 Coolest Neighborhoods in the World 2025” list.

Global Survey of the World’s Best Neighborhoods

For eight consecutive years, Time Out has highlighted the world’s most dynamic districts—places where nightlife, food, culture, art, and community thrive together. This year’s ranking was based on surveys of local experts across the globe, assessing factors such as livability, creativity, affordability, dining, and street life.

Among the 39 selected neighborhoods worldwide, Vietnam’s entry came in at No. 11. Surprisingly, it wasn’t the tourist-packed Bui Vien or Ta Hien, but a quieter, more historic area just outside the East Gate of Ben Thanh Market: the Nguyen Thai Binh Ward area.

Nguyen Thai Binh Ward: Hidden Gems Behind Colonial Facades

Now merged into Saigon and Ben Thanh wards, the Nguyen Thai Binh neighborhood includes charming streets like Le Cong Kieu, Nguyen Thi Hong Gam, Ky Con, Yersin, and Pho Duc Chinh.

At first glance, the area seems like any other busy Vietnamese street, lined with workshops, scooters, and steaming bowls of noodle soup. But for those willing to explore, it reveals a vibrant mix of world-class dining, speakeasy bars, and antique shops hidden behind colonial-era facades and rolling shutters.

Highlights include:

  • Leonardo, one of Ho Chi Minh City’s top pizza restaurants.

  • ÔMM Mixology, praised as one of the city’s best cocktail bars.

  • Noriboi Omakase, a renowned Japanese fine-dining restaurant that recently moved from Thao Dien to Nguyen Thai Binh.

A Day in Ho Chi Minh City’s “Coolest Neighborhood”

Time Out recommends visitors start their day with a bowl of bun rieu cua Phan Rang, a crab noodle soup beloved by locals. Then stop by Hoang Thi Cafe, a retro-style coffee shop, before browsing antiques along Le Cong Kieu Street.

For lunch, head to Bep Me In for homestyle Vietnamese dishes, then spend the afternoon at the Ho Chi Minh City Museum of Fine Arts nearby. As evening falls, explore hidden bars, dine at celebrated restaurants, and end the night at The Arth, where live saxophone music creates the perfect nightlife vibe.

Where Does Vietnam Rank Globally?

The top 10 coolest neighborhoods in the world 2025 according to Time Out are:

  1. Jimbocho, Tokyo, Japan

  2. Borgerhout, Antwerp, Belgium

  3. Barra Funda, São Paulo, Brazil

  4. Camberwell, London, UK

  5. Avondale, Chicago, USA

  6. Mullae-dong, Seoul, South Korea

  7. Ménilmontant, Paris, France

  8. Nakatsu, Osaka, Japan

  9. Vallila, Helsinki, Finland

  10. Labone, Accra, Ghana

With Nguyen Thai Binh ranked at No. 11, Vietnam has secured a strong spot among the world’s most exciting urban destinations—proof that its charm goes far beyond the country’s well-known party streets.

Vietnam’s Phu Quoc Ranked Among Top 3 Most Beautiful Islands in Asia

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Asia is home to thousands of breathtaking islands, from pristine beaches and lush jungles to rich cultural heritage sites. A recent ranking by UK travel magazine Time Out has named the 7 best islands to visit in Asia — and Vietnam’s very own Phu Quoc proudly secured a spot in the top 3.

Asia’s Most Stunning Islands to Explore

1. Borneo

The largest island in Asia, Borneo spans across Malaysia, Indonesia, and Brunei. It’s a paradise for nature and wildlife lovers, with dense rainforests, sandy beaches, and river safaris. Visitors here can spot endangered species such as orangutans, pygmy elephants, and proboscis monkeys.

2. Bali, Indonesia

Indonesia’s most famous island, Bali continues to attract millions of visitors every year thanks to its waterfalls, rice terraces, surfing spots, and vibrant Hindu culture. Dolphins, yoga retreats, and endless adventure await travelers here.

3. Phu Quoc, Vietnam

Vietnam’s Phu Quoc Island has quickly risen to fame as one of Asia’s most beautiful destinations. With powdery white-sand beaches, turquoise waters, and swaying palm trees, it’s a true tropical escape.

Beyond the beaches, visitors can explore hiking trails leading to scenic viewpoints, family-friendly attractions like VinWonders Phu Quoc and Aquatopia Water Park, or take a ride on the world’s longest oversea cable car from Sunset Town.

4. Baa Atoll, Maldives

The Maldives remains a bucket-list destination, boasting nearly 1,200 islands. Among them, Baa Atoll stands out as a UNESCO Biosphere Reserve, where travelers can marvel at colorful coral reefs, crystal-clear lagoons, and luxury overwater villas.

5. Palawan, Philippines

Nicknamed the “last frontier” of the Philippines, Palawan dazzles with limestone cliffs, emerald waters, and diverse marine life. Highlights include El Nido’s island-hopping tours, Coron’s famous WWII shipwreck dives, and Puerto Princesa’s UNESCO-listed underground river.

6. Ishigaki, Okinawa, Japan

One of Okinawa’s most accessible islands, Ishigaki offers world-class snorkeling, coral reefs, and powdery white sands. Visitors can relax at Yonehara Beach or climb the ancient coral stone steps at Shiraho for panoramic island views.

7. Koh Rong, Cambodia

Cambodia’s second-largest island, Koh Rong, is famous for its magical bioluminescent plankton, which glow as you swim at night. By day, travelers enjoy quiet beaches, water sports, and a laid-back island atmosphere.

Phu Quoc: Vietnam’s Shining Star

Ranking among Asia’s best is a major boost for Vietnam’s tourism. Phu Quoc continues to attract international travelers with its blend of natural beauty, modern attractions, and unique cultural experiences.

With direct flights from major cities in Asia and beyond, the island is expected to welcome even more visitors in the coming years, cementing its place as one of Asia’s top island getaways.

Viral Clip of Woman Scattering Strange Powder on Saigon Streets Prompts Police Investigation

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A viral video showing a woman scattering an unknown white powder along a street in Ho Chi Minh City has sparked widespread concern online, prompting local traffic police to step in and investigate.

Clip Gains Over 4 Million Views

Since yesterday, social media has been flooded with a clip capturing two people riding a motorbike at a slow pace. The woman on the back seat can be seen repeatedly tearing open plastic bags filled with powder and dumping their contents onto the road.

Once one bag was emptied, she tossed the plastic onto the street before opening another. This unusual act was recorded by a passerby, who later uploaded the footage online. The video has since attracted more than 4 million views and thousands of comments.

Witness Confronted, Got Splashed With Fermented Shrimp Paste

According to the original uploader, identified as Facebook user Manh Quan, the incident occurred on the route from Van Phuc City to Tam Ha (former Thu Duc area).

“I think she scattered nearly 30 small bags of coffee powder,” he wrote, expressing confusion and fear.

Quan added that when he tried to approach the woman and threatened to call the police, she allegedly splashed a jar of fermented shrimp paste (mam tom) at his motorbike.

Netizens Speculate About Powder

The clip quickly stirred debate across platforms. Many wondered what the substance could be and why it was scattered on public roads instead of being disposed of properly.

Some speculated it might be ashes or mixed powders used for spiritual or ritual purposes, while others simply called it reckless littering that could endanger road safety.

One commenter wrote: “There are clear images. I hope authorities investigate, since the powder was carefully packed into many small bags.”

HCMC Traffic Police Step In

On September 29, reporters confirmed that the Rach Chiec Traffic Police Team (PC08, HCMC Police Department) had tracked the incident to Hiep Binh Street, Hiep Binh Ward.

The police are now coordinating with local authorities to summon those involved for questioning and to clarify the nature of the powder.

Authorities have urged the public to stay calm while the substance and motive behind the woman’s actions are investigated.

11th-Grade Girl in Dong Nai Cuts Contact With Family After Strange Message: “I Got a Job”

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A family in Dong Nai is in shock after their 16-year-old daughter, an 11th-grade student, suddenly disappeared, blocking all communication and leaving behind only a cryptic message.

Teen Goes Missing After School

On September 29, Mr. Tran My Ha, a resident of Dong Xoai Ward, Dong Nai Province, reported to police that his daughter, Tran Ngoc Anh (16 years old, Grade 11, Dong Xoai High School), had unexpectedly gone missing and might have been lured away.

According to Mr. Ha, on September 27, after school, Ngoc Anh asked for permission to go out for lunch with friends. Her family agreed, but by noon, she had stopped answering calls and did not return home.

The family checked the restaurant where she ate with friends and reviewed CCTV footage. Shockingly, it showed Ngoc Anh leaving in a car with a stranger. Alarmed, the family immediately reported the case to local police.

Taken to Tan Son Nhat Airport

Authorities later tracked down the driver of the vehicle, who confirmed he had driven Ngoc Anh to Tan Son Nhat International Airport in Ho Chi Minh City. During the trip, the girl allegedly told him she was flying to Hanoi where “someone would pick her up.”

The following morning (September 28), Ngoc Anh sent a brief text message to her mother: “Mom, don’t worry about me. I’ve found a job.”
After this message, all calls from her family were blocked. Only calls from unfamiliar numbers would ring, but no one picked up.

Family Fears She Was Lured Into Danger

What raised further concern was that after the family posted missing-person notices on social media, Ngoc Anh sent another message demanding that her mother delete all the posts. When her parents tried to call back, the phone rang but went unanswered.

Mr. Ha expressed deep worry:

“We suspect the person using the phone might not even be our daughter. We fear that Ngoc Anh may have been deceived and dragged into a dangerous environment.”

The family has appealed to the public for help. Anyone with information is urged to contact them at 0961.855.579.

Police Investigation Underway

Local authorities confirmed the case. Leaders of Dong Xoai Ward People’s Committee stated they have directed relevant units to work closely with the family to urgently locate the missing student.

The investigation is ongoing as police coordinate with multiple agencies to verify her whereabouts and ensure her safety.

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