Hanoi – Police have placed a man in temporary criminal detention for allegedly assaulting a woman in the lobby of Sky Central apartment complex, in connection with an ongoing investigation into public disorder.
On August 10, Hanoi police confirmed they had detained Dang Chi Thanh, 31, a resident of Bach Mai Ward currently living at Sky Central, 176 Dinh Cong, Phuong Liet Ward, Hanoi.
According to authorities, around midnight on August 10, police in Phuong Liet Ward received a report from N.T., 28, a resident of Sky Central, stating that she had been attacked the previous evening by a heavily tattooed man in the B1 elevator lobby.
Police quickly responded, verified the incident, and took the victim for a medical examination. By 10 a.m. the same day, officers had located and brought Thanh – identified as the attacker – to the station for questioning.
Prior conflict led to violent confrontation Initial investigations revealed that Thanh and N.T.’s families had an ongoing dispute. On the night of August 9, Thanh encountered N.T. on the first floor of the building. The two began arguing, during which Thanh demanded she apologize. When she refused, he repeatedly punched and kicked her.
Witnesses intervened, at which point Thanh left the scene. The case remains under further investigation.
Đồng Nai – Authorities have dismantled a prostitution operation disguised as a “chòi” (hut-style) coffee shop in P. Chơn Thành, uncovering four female staff members engaged in sex work.
On August 12, the Criminal Police Division of Đồng Nai Provincial Police announced that they had raided Sao Băng 1 coffee shop, located in Khu phố 9, P. Chơn Thành (formerly TX. Chơn Thành, Bình Phước Province), owned by Nguyễn Thị D., 55, a Ho Chi Minh City resident.
According to investigators, on the afternoon of August 9, officers caught D. arranging for four female employees to perform sex acts with customers inside private huts on the premises.
Price list for sexual services revealed During questioning, D. admitted the shop had been operating since March 2025, offering both erotic massages and sexual services.
Nguyen Thi D. at the police station Photo: Dong Nai Police
Erotic massage: 250,000 VND for 30 minutes (150,000 VND for D., 100,000 VND for the worker).
Sexual intercourse: 300,000–400,000 VND for 30 minutes (D. kept 150,000 VND, the remainder went to the worker).
D. also hired Nguyễn Văn A., 40, from Thanh Hóa, for 8 million VND per month to manage staff in her absence.
Police investigation ongoing The Đồng Nai Provincial Police are expanding the investigation into the prostitution ring at the “chòi” coffee shop to identify additional individuals involved.
Quang Ngai — Huynh Thanh Tan, 34, admits it was wrong to repeatedly strike his younger sister on the head with a plastic chair, but claims he only wanted to make her “wake up” and stop making mistakes.
On August 13, Tan said he was preparing to return from Ho Chi Minh City to his hometown in Quang Ngai and was ready to take legal responsibility for attacking his sister, Huynh Kim Tuyen, 30, at her rented room in Nghia Lo Ward.
The incident took place late on June 18 and continued until 3 a.m. on June 19. Tuyen later posted a video of the assault on social media, drawing hundreds of thousands of views and comments, most condemning her brother’s actions. In the video, their 56-year-old mother and two brothers came to Tuyen’s rented room to persuade her to return home. During the conversation, Tan repeatedly shouted at his sister.
The confrontation escalated when Tan asked, “Are you sure your choice will make you happy?” and Tuyen replied, “Yes, I’m sure.” Tan abruptly stood up, grabbed a plastic chair, and hit her three times on the head, saying, “Here’s your happiness,” as he struck her.
A history of personal turmoil and family strain
Tuyen is the youngest of three siblings. She married eight years ago but separated from her husband four years later, saying they were incompatible. Living about 20 km from her family, she borrowed hundreds of millions of dong from relatives to start a business, but suffered heavy losses.
In 2024, she became pregnant by a new partner but hid the pregnancy from her family. Early this year, she gave birth, but the child’s father refused to acknowledge paternity. Tuyen then gave the baby to an infertile couple for adoption.
After these events, her parents and brothers urged her to reconcile with her husband, who agreed to forgive the past. However, Tuyen chose to reunite with her former boyfriend and sought to reclaim the child she had given away.
According to Tan, Tuyen’s lifestyle over the years has caused their mother great distress. He left his job in Ho Chi Minh City to confront her, urging her either to reconcile with her husband, divorce formally and return home, or move on with someone else. But she either argued back or stayed silent when reminded of her mistakes.
“I hit her because I was desperate,” Tan said, admitting his actions were wrong and “anyone seeing a man beat a woman like that would be angry.”
The video also shows their mother briefly intervening before lying back in a hammock as the assault continued. Tan said she had faced harsh online criticism but insisted people did not understand how much she cared for her daughter. “She’s endured gossip in our hometown because of my sister’s lifestyle. She’s been so worried she’s become frail. When I hit Tuyen, she did nothing because she felt helpless,” he said.
Sister speaks out: ‘I wronged my husband, not my family’
Tuyen confirmed the details of her personal life as Tan described but maintained her husband “is a good man” and they simply could not get along.
“I have wronged my husband, but not my parents or brothers,” she said. “What my brother did is unacceptable, and it still haunts me. I had to be hospitalized with arm injuries. I want the law to address the assault and I want my child back.”
In response, Tan said: “I’m ready to face the law, I just hope she changes for the better. As for the baby, she gave the child away herself, so she will have to find a way to get the child back.”
Nghia Lo Ward police have taken up the case, interviewed Tuyen, and collected statements from those involved for further action.
In the global race to find cost-effective, reliable, and scalable manufacturing hubs, Vietnam continues to stand out. But recently, it’s not just the southern powerhouse of Ho Chi Minh City or the industrial zones around Hanoi that are drawing attention. A growing number of international buyers and OEM brands are now shifting their focus to Central Vietnam—a region once overlooked but now emerging as a strategic destination for diversified manufacturing.
From SMT electronics in Da Nang to garment factories near Quang Nam, ceramic tiles and furniture in Hue, and even automotive component hubs at THACO Industries, Central Vietnam is showcasing what “Made in Vietnam” really means today: flexible, high-quality, and ready for export.
A Rising Manufacturing Hub in the Heart of Vietnam
Once known primarily for its stunning beaches and cultural heritage, Central Vietnam is now quietly emerging as a new industrial hotspot. In 2024 alone, Quang Nam Province approved 10 new foreign direct investment (FDI) projects with total registered capital reaching USD 134.85 million. Meanwhile, from the beginning of 2025 to July 25, Da Nang City attracted USD 307.3 million in investment, marking a 4.6% increase compared to the same period in 2024.
Although Central Vietnam has not attracted as much FDI as the North and South, its steady growth signals a shift that global investors should not overlook. Combined with the strategic advantages we’ll explore in this article, Central Vietnam is set to become an increasingly attractive destination for global investors.
Vietnam Factory Tours: Inside the New Wave of OEM Manufacturing
This series of Vietnam factory tours explores four key sectors including furniture, electronics, garments and automotive, highlighting the scale, technology and export readiness behind “Made in Vietnam” production. To see real operations inside these factories, watch the full Vietnam Factory Tour video here.
Furniture and Ceramic Tile Production in Hue
In Hue, local factories are blending traditional craftsmanship with modern OEM capabilities. Several facilities specialize in solid wood furniture and decorative ceramic tiles for export to markets such as Australia and Europe. The production process includes wood drying rooms, hand-finishing zones, and strict quality control checkpoints — showing that “Made in Vietnam” products can offer more than low cost, with strong customization and quality capabilities.
MoveToAsia CEO, Mr Guillaume Rondan is visiting a furniture factory in Central Vietnam
Da Nang is emerging as a hub for electronics manufacturing and SMT (Surface Mount Technology) assembly. Many factories here are equipped with full SMT lines, AOI inspection, reflow soldering, and cleanroom assembly areas. End-to-end turnkey capabilities, from PCB assembly to final packaging, are becoming common for exports to the EU and Japan. Backed by skilled engineers and ISO certifications, EMS facilities in Central Vietnam are starting to approach the capabilities of EMS facilities in Taiwan and Thailand, especially in terms of cost-efficiency and skilled workforce.
Foreign MoveToAsia consultant is auditing a EMS company in Vietnam
In Quang Nam, mid-sized garment factories are focused on activewear and technical apparel. These facilities handle ODM and OEM orders, with in-house sampling, CAD-based pattern making, and clear production workflows. While Southern Vietnam remains the country’s apparel stronghold, the Central region is gaining momentum thanks to available capacity and smoother transportation logistics. It’s a suitable choice for brands seeking flexible lead times and a more sustainable supply chain.
Guillaume Rondan, CEO of MoveToAsia, a sourcing agency is visiting a garment manufacturer in Vietnam
Located in Chu Lai, this manufacturing giant produces auto parts, heavy equipment, and precision mechanical components for global OEM clients. The site features robotic welding, CNC machining, and a large-scale export logistics park. THACO has established partnerships with companies from Korea, Japan, and Europe, a sign that Central Vietnam is entering the high-value global supply chain.
Why are global buyers shifting to Central Vietnam for manufacturing?
Central Vietnam is fast becoming a key part of the “Vietnam manufacturing” landscape, offering global buyers a practical and affordable alternative to traditional hubs.
Diversified Production Base: From electronics and textiles to furniture and machinery, the region supports a wide range of manufacturing types, ideal for buyers with multi-category sourcing needs.
Better Lead Times: Less congestion compared to major hubs like Binh Duong or Dong Nai means faster sampling, fewer delays, and smoother logistics.
Cost-Effective Workforce: Labor in Central Vietnam remains more affordable than in the north or south, especially in light of rising wages in Ho Chi Minh City.
Proximity to Ports and Airports: With direct links to Da Nang International Airport and seaports along the coast, Central Vietnam is well-positioned for exports.
While the region holds great promise, challenges such as seasonal weather disruptions and the need for continued upskilling remain important considerations for investors.
MoveToAsia team conducting a pre-audit visit at an EMS supplier in Vietnam.
The Strategic Value of Vietnam Factory Tours for Global Sourcing
Factory tours in Vietnam play a critical role in helping international buyers make informed sourcing decisions. Each facility has its own strengths, whether in ceramics, electronics, garments, or industrial components. Visiting factories in person allows buyers to assess actual production capabilities, evaluate quality control processes, and have meaningful conversations with factories. This direct interaction is essential to ask the right questions and understand whether a supplier is truly capable of meeting specific standards and volume requirements.
Conclusion
Central Vietnam is quickly emerging as a strategic hub for global sourcing across multiple industries. From furniture in Hue to electronics and garments in Da Nang, and advanced automotive components at THACO Industries in Quang Nam, the region demonstrates diverse and scalable manufacturing strengths.
What sets Central Vietnam apart is the combination of lower operational costs, improving infrastructure, and access to skilled yet affordable labor. For international buyers looking beyond China, this region offers the right balance of flexibility, quality, and cost-efficiency, positioning it as a smart and sustainable sourcing destination.
Vietnam Insider – Vietnam is stepping up its efforts to attract the world’s wealthiest and most influential travelers—including billionaires, top executives, and business delegations—through new visa-exemption policies and upgraded tourism infrastructure. The government’s move signals a bold strategy to elevate the country’s tourism industry while fostering investment and international engagement.
Under Decree 221, Vietnam now grants visa exemptions of up to five years for six special categories, including foreign politicians, experts, scientists, chief engineers, high-quality digital technology personnel, and executives from the top 100 global corporations.
This initiative is viewed as a key step in boosting MICE tourism (Meetings, Incentives, Conferences, and Exhibitions). According to Ms. Lam Thi Thuan, Business Director at PYS Travel, the policy allows senior corporate delegations to easily combine business travel with luxury leisure and market research trips in Vietnam.
“This targeted visa exemption will enhance Vietnam’s appeal to high-end travelers, opening doors to major events, upscale experiences, and investment exploration,” Thuan said. “It also encourages local travel businesses to raise service standards to meet the expectations of this premium customer segment.”
Mr. Pham Van Bay, Deputy Director of Vietravel Hanoi, affirmed that the new visa rules not only simplify procedures but also reflect Vietnam’s proactive stance in welcoming high-quality international visitors—especially those with significant spending capacity and interest in extended stays.
Bay cited impressive growth figures: in the first seven months of 2025, Vietnam welcomed over 12 million international arrivals, up nearly 23% year-on-year. Particularly notable was a 38% increase in affluent European visitors in July alone.
Wealthy travelers also significantly outspend the average tourist, with European visitors spending between USD 1,700 to 2,200 per trip—about 1.5 to 2 times more than other markets. These guests often stay 10 to 14 nights, seek authentic cultural and culinary experiences, and are likely to return if their first visit is positive.
Mr. Nguyen Cong Hoan, Head of Communications at the Vietnam Tourism Association, emphasized that beyond visa facilitation, top business leaders and billionaires should be viewed as inspirational ambassadors who can help Vietnam reach global audiences.
He referenced the March 2024 visit by billionaire Bill Gates to Da Nang, which received widespread international media coverage. “When global icons choose Vietnam, it validates our destination’s charm—peaceful, safe, rich in natural beauty, and culinary delights,” Hoan noted.
Tourism businesses are already taking action. PYS Travel is aggressively expanding its luxury MICE offerings, refining its tour infrastructure, transportation, and guide services to meet the needs of wealthy travelers and corporate delegations.
Vietravel is developing bespoke high-end travel packages tailored to long-stay cultural tourism, luxury resorts, and business networking. They are also enhancing digital marketing campaigns targeting travelers from the 12 countries recently granted visa-free entry under Resolution 229.
However, as noted by representatives from Vietfood Travel, the shift toward elite tourism also demands increased security measures, world-class infrastructure, and seamless service chains to ensure satisfaction and safety for billionaires, millionaires, and global executives.
Despite the progress, experts such as Mr. Hoan, Ms. Thuan, and Mr. Dat voiced concerns over Vietnam’s weak tourism promotion abroad. While countries like South Korea and Thailand boast 30+ overseas tourism offices, Vietnam still lacks even one, particularly in markets with high-net-worth travelers. Limited investment and bureaucratic constraints remain significant barriers.
Vietnam’s dual strategy of easing entry procedures and upgrading premium tourism experiences represents a powerful opportunity to attract global elites. If supported by proactive promotion, robust infrastructure, and world-class service delivery, the country stands to secure its place as a preferred destination for the world’s most discerning travelers—and investors.
Vietnam Insider – A frozen tiger carcass weighing approximately 200 kilograms was discovered concealed in a custom-built secret compartment on the roof of a passenger bus traveling from Laos to Son Giang commune (formerly part of Huong Son district, Ha Tinh province).
On August 13, the Ha Tinh Provincial Police’s Investigation Department announced the criminal prosecution and temporary detention of three men from Nghe An province: Chu Van Lam (36), Nguyen Trong Hung (46), and Ngo Sy Bac (38). The trio faces charges of violating wildlife protection regulations under Article 244, Clause 2 of Vietnam’s Penal Code, which prohibits the trafficking of endangered, precious, and rare animal species.
On July 26, law enforcement officers stopped a Laos-registered bus passing through Son Giang commune and uncovered a hidden compartment measuring 3 to 4 square meters in area and 30 to 40 centimeters in height. Inside, they found a frozen tiger carcass weighing around 200 kg along with a complete tiger skeleton.
Authorities confirmed that the animal belonged to Group IB of Vietnam’s endangered species list—classified as a critically endangered wild species whose hunting, trading, or commercial exploitation is strictly prohibited under Vietnamese law.
Lam, Hung, and Bac were reportedly assistant drivers for the Sau Hoa passenger transport company. They are accused of concealing the tiger body and bones inside the bus’s roof compartment to smuggle them from Laos into Vietnam.
The bust highlights an ongoing challenge faced by conservation and enforcement agencies in central Vietnam. According to authorities, illegal trafficking and processing of wild animals—including tigers and monkeys—continues to occur covertly in rural areas of Ha Tinh and Nghe An provinces. These animals are often used to produce traditional medicinal products such as animal glue, which is sold at high prices on the black market.
A single tael (approximately 37.5 grams) of tiger glue can fetch up to VND 18 million (around USD 700), while monkey glue sells for VND 400,000 to 500,000 (USD 15–20) per tael. Despite increased enforcement efforts, the high profitability of these products continues to drive demand and illegal poaching.
Vietnam has made significant commitments to wildlife conservation and has strengthened its laws on the protection of endangered species. However, incidents like this underscore the ongoing need for stricter monitoring and international cooperation to combat cross-border wildlife trafficking.
Vietnam Insider – Techcombank’s Board of Directors has officially reappointed Dr. Jens Lottner as Chief Executive Officer for a second consecutive term, covering the period from 2025 to 2030. The reappointment became effective on August 18, 2025, following approval by the State Bank of Vietnam under Official Dispatch No. 6605 dated July 30.
This decision reflects Techcombank’s continued confidence in Dr. Lottner’s leadership and its commitment to long-term strategic consistency. Under his stewardship, the bank has achieved notable milestones in its transformation journey, affirming his reputation as one of the region’s top banking executives.
Dr. Lottner brings over 30 years of global experience in banking and finance, having held senior roles at prestigious institutions including McKinsey & Company, Boston Consulting Group, and Siam Commercial Bank (Thailand). With more than two-thirds of his career spent in Asia, he has developed a deep understanding of regional markets.
Since assuming the role of CEO at Techcombank in 2020, Dr. Lottner has been instrumental in leading the bank’s digital transformation. During his first term, he positioned Techcombank as a technology-driven financial powerhouse, paving the way for the bank to become one of the most innovative financial institutions in Southeast Asia.
Sharing his thoughts on the reappointment, Dr. Lottner stated: “I am honored to continue leading Techcombank during this next phase of transformation. With the ambitious goals we’ve set, there is certainly pressure—but with the strategic vision, unwavering support from the Board, and the collective determination of our team, I am confident we will reach new heights and grow alongside Vietnam’s rise in the global economy.”
Under Dr. Lottner’s leadership, Techcombank has delivered exceptional business performance. In 2024, the bank reported a pre-tax profit of VND 27.5 trillion, up 20.3% year-on-year. Total operating income reached VND 47 trillion, growing 17.3% from 2023. The current account savings account (CASA) ratio climbed to 40.9%, with CASA balances hitting a record VND 231 trillion.
In Q2 2025, the bank continued this momentum, posting a record quarterly pre-tax profit of VND 7.9 trillion. Its Brand Equity Index (BEI) surged over 60% in 2024, placing Techcombank as the most recognized bank brand in Vietnam. The bank also earned a Net Promoter Score (NPS) of 91, ranking it second industry-wide in customer engagement.
The success of Techcombank’s digital and data-driven strategy has been widely recognized. FiinRatings upgraded the bank’s credit rating from “A+” to “AA–” with a “Stable” outlook in 2024. The Ho Chi Minh City Stock Exchange (HOSE) also included Techcombank in the top 20 companies in the Vietnam Sustainability Index (VNSI), highlighting the bank’s commitment to sustainable development.
In addition to digital innovation, Techcombank has emphasized talent development. Its Overseas Talent Roadshow—launched in 2022—has brought Vietnamese professionals from countries like Singapore, the UK, France, the U.S., and Australia back to contribute to the bank’s mission. These high-caliber recruits bring international experience that enhances Techcombank’s competitive edge.
The bank’s customer-first ecosystem approach, built on seamless integration and enhanced user experience, earned Techcombank several accolades. It was named “Best Bank in Vietnam” by Global Finance and FinanceAsia for two consecutive years (2024–2025), and “Best Bank for Corporate Governance in Vietnam” by The Asian Banker.
At The Asian Banker Global Leadership Awards 2025 held in July, Dr. Jens Lottner was honored as “Best Banking CEO in Vietnam for 2022–2025.” This prestigious award affirms his transformative leadership and the impact he has made since joining Techcombank in 2020.
As Techcombank concludes its 5-year growth strategy in 2025, the bank is poised to enter a new chapter of innovation and expansion. Dr. Lottner’s reappointment comes at a pivotal time, as the bank prepares to deepen its commitment to digital banking and customer-centric financial services.
With strong board support and a solid foundation built over 32 years, Dr. Lottner expressed confidence that Techcombank will continue delivering cutting-edge, integrated financial solutions to Vietnamese individuals and businesses—contributing to the broader prosperity of the nation.
Vietnam Expands Visa-Free Entry to 12 European Countries in Major Tourism Push
Hanoi, Vietnam – Vietnam has announced a significant expansion of its visa waiver program, granting citizens from 12 European countries visa-free entry for stays of up to 45 days, regardless of passport type. The new policy, outlined in Government Resolution No. 229 dated August 8, 2025, will take effect from August 15, 2025, to August 14, 2028 as part of the country’s Tourism Promotion and Development Program.
The countries covered under the new exemption are Belgium, Bulgaria, Croatia, the Czech Republic, Hungary, Luxembourg, the Netherlands, Poland, Romania, Slovakia, Slovenia, and Switzerland.
This move replaces the earlier Government Resolution No. 11, issued in January 2025, which granted exemptions only to citizens of Poland, the Czech Republic, and Switzerland. That resolution will be invalidated when the new program begins.
In addition, on August 8, the government issued Decree No. 221, introducing a limited-term visa waiver scheme for foreign nationals in specially designated categories whose presence is considered beneficial to Vietnam’s socio-economic development.
The decision comes amid robust growth in Vietnam’s tourism sector. In the first seven months of 2025, the country welcomed more than 12.2 million international visitors, a nearly 23% increase year-on-year. Notably, even in July — typically a low season — visitor arrivals matched the peak levels recorded in 2019, underscoring Vietnam’s rising appeal as a year-round destination.
By extending visa-free access and targeting high-value markets, Vietnam aims to strengthen its competitive edge in the global tourism industry and sustain its post-pandemic recovery momentum.
Vietnam attracted nearly USD 24.1 billion in registered foreign direct investment (FDI) during the first seven months of this year, with USD 13.6 billion in disbursed capital — up 8.4% year-on-year and the highest level for this period in the past five years, according to data from the General Statistics Office under the Ministry of Finance.
Singapore Leads, Malaysia and Sweden Make Strong Gains
Singapore remained Vietnam’s top foreign investor among 74 countries and territories, with USD 2.84 billion in registered capital, accounting for 28.3% of the total. Notably, Malaysia and Sweden recorded exceptional growth. Malaysia’s surge came from an additional USD 1.12 billion in capital for the Yen So Park project in Hanoi, while Sweden invested USD 1 billion in a new polyester recycling and textile waste-to-pellet processing complex in Binh Dinh Province.
Investor Confidence Defies Global Slowdown
Nguyen Van Toan, Vice Chairman of the Vietnam Association of Foreign Invested Enterprises, noted that while global trade headwinds typically dampen FDI flows, Vietnam stands out as a rare bright spot. International investors are encouraged by reforms such as plans to upgrade Vietnam’s stock market classification, administrative streamlining, and support for private-sector growth.
“FDI inflows are not just short-term capital shifts — they reflect long-term confidence in Vietnam’s sustainable development potential,” Toan said. The European Chamber of Commerce in Vietnam (EuroCham) reported in its Q2 Business Confidence Index that nearly three-quarters of European businesses would recommend Vietnam as an investment destination.
EuroCham Chairman Bruno Jaspaert affirmed that European enterprises remain optimistic, bolstered by next-generation free trade agreements, particularly the EU-Vietnam Free Trade Agreement (EVFTA). August 1 marked five years since the EVFTA took effect, generating nearly USD 300 billion in bilateral trade and enhancing Vietnam’s appeal to European investors.
A Competitive Strategy Amid Shifting Supply Chains
The Ministry of Finance highlighted that global supply chain realignment and U.S.-China strategic competition have positioned Vietnam as a rising manufacturing hub in Asia. The renewable energy sector, where Vietnam ranks second among the world’s top 10 developing economies for the 2015–2022 period, has attracted over USD 106.8 billion in FDI.
Strategic partnerships with the U.S., EU, Australia, Singapore, and others, alongside the development of eco-industrial and low-carbon zones, are reinforcing investor trust.
Challenges and the Path Ahead
Despite the achievements, Vietnam still faces challenges in maximizing FDI benefits. The Ministry of Finance pointed to cumbersome administrative procedures, limited technology transfer, uneven workforce quality, and a lack of large-scale, industry-leading projects. Supporting industries remain underdeveloped, industrial infrastructure is uneven, and high-quality land supply is concentrated in major cities.
To address these gaps, Vietnam is shifting its FDI strategy from offering pure incentives to enhancing the overall investment climate. Plans include upgrading industrial park and economic zone infrastructure, ensuring stable power supply, expanding clean land availability, and developing a highly skilled workforce.
Sophie Dao, Senior Partner & Lawyer at GBS – Global Business Services, commented: “Vietnam’s ability to attract record-high FDI in the current global climate speaks volumes about its economic resilience and strategic positioning. The combination of trade liberalization, infrastructure investment, and a commitment to administrative reform sends a strong signal to the global business community. At GBS, we see growing interest from clients across multiple sectors — from manufacturing and renewable energy to high-tech and logistics — who view Vietnam not just as a low-cost production base, but as a long-term growth partner in Asia.”
(Vietnam Insider) – A man who pretended to shop for gold jewelry before snatching it and attempting to flee was apprehended by quick-thinking staff and local residents in Ho Chi Minh City.
On the afternoon of August 11, police in Dong Hoa Ward took statements from a male suspect accused of staging a purchase to steal gold.
Footage provided by witnesses shows that around 2:00 p.m. on August 11, the man rode a motorbike to the K.T.V.6 gold shop on Tran Hung Dao Street, Dong Hoa Ward (formerly part of Di An City, Binh Duong Province). He asked to see gold bracelets.
While a male shop attendant showed him two pieces, the suspect slipped one bracelet onto his wrist, pocketed the other, and ran to his motorbike to escape.
The shop attendant immediately chased after him, grabbing onto the vehicle. The suspect lost control, veered onto the opposite sidewalk, and fell. Hearing the commotion, nearby residents rushed in to help restrain the man and recover the stolen jewelry.
The suspect was handed over to Dong Hoa Ward police for questioning. He initially identified himself as B., 25, from Ca Mau Province, and admitted to the theft.
Vietnam’s stock market may soon see longer trading hours, as the exchange is studying a proposal to extend afternoon sessions starting in the first quarter of 2026 — a move expected to boost liquidity and align with global market practices.
The idea of extending trading hours is not new. Two years ago, a senior expert at KB Securities Vietnam suggested pushing the close to 4:00 p.m., with the goal of increasing daily liquidity to VND 30 trillion (USD 1.18 billion) per session.
Foreign Fund Performance Surges on Banking and Brokerage Bets
The announcement comes as Finnish investment fund Pyn Elite reported a 13.2% return in July 2025 — its strongest monthly performance in nearly five years, since April 2020. The VN-Index climbed 9.2% in the same month, closing above the 1,500-point mark.
The fund’s gains were driven by its heavy weighting in the banking sector and its decision to double holdings in two brokerage stocks — VIX and SHS — which surged 114% and 78% in July, respectively.
Pyn Elite noted: “The Stock Exchange has raised the issue of extending afternoon trading hours from Q1 2026 and introducing a central counterparty (CCP) system in Q1 2027. These will be major steps toward enabling intraday trading. The State Securities Commission believes Vietnam could achieve emerging market (EM) status this autumn, as FTSE has given positive feedback on recent market reforms.”
Why Trading Hours Matter for Liquidity
When KB Securities first floated the proposal in 2023, the VN-Index was hovering around 1,150 points amid expectations of supportive policies — such as interest rate cuts, public investment disbursements, and measures to ease stress in the bond and real estate markets. At that time, billion-dollar trading sessions were rare, limiting Vietnam’s ability to attract large-scale capital inflows.
The KB expert emphasized that beyond macroeconomic conditions and corporate earnings growth, session length directly impacts market liquidity — especially after the T+2.5 settlement cycle was introduced on August 29, 2022.
“Retail investors tend to trade quickly and often finish by 10:30 a.m., which is also when the market’s momentum typically dips. In contrast, large institutional flows are more active in the afternoon, especially after 2:00 p.m.,” he said.
Back then, average daily liquidity stood at around VND 20 trillion per session. Despite the shorter duration, afternoon trading — just 1 hour 45 minutes compared to 2 hours 30 minutes in the morning — often accounted for 1.5 to 2 times the value of the morning session.
“In a T+2.5 environment, most large players prefer to trade in the afternoon, when newly settled shares hit accounts. This is when the ‘big battles’ happen and when institutional investors can better manage risk,” the expert added.
As of August 11, 2025, the VN-Index closed near 1,597 points. Average daily liquidity on HoSE over the past two weeks has ranged between VND 40–60 trillion per session, signaling robust participation from both domestic and foreign investors.
Vietnam Insider – Vietnam may be included in Apple’s first-wave rollout of the iPhone 17, alongside major markets such as the United States and Singapore, with sales potentially starting on September 19.
Representatives from several major retail chains revealed that Apple has asked them to prepare for two possible launch scenarios: a second-wave release as in previous years, or an immediate first-wave release right after the global launch event. “No final decision has been made yet, but preparations for a first-wave sale have gained significant attention in recent days,” said one retail representative.
According to Germany’s iPhone Ticker, local carriers have been informed that Apple will unveil its next-generation iPhone on Tuesday, September 9. Technology news outlet Apple Insider also reported that Apple is unlikely to hold its event on September 11, the anniversary of the 2001 terrorist attacks in the United States. Based on Apple’s usual schedule—launching on a Tuesday and starting sales the following Friday—the iPhone 17 could hit shelves on September 19, which could also be the release date in Vietnam.
Traditionally, first-wave iPhone sales are limited to countries with official physical Apple Stores, while Vietnam only has an Apple Store Online. However, industry insiders believe this is not a strict requirement, noting that Vietnam’s strong sales growth in recent years could prompt Apple to give the market first-wave status starting with the iPhone 17.
In 2023 and 2024, the iPhone 15 and 16 were launched in Vietnam just one week after their global release, encouraging more consumers to wait for official products rather than buying hand-carried imports. Vietnam has also been one of the fastest-growing early-stage iPhone markets, with launch-day revenues exceeding VND 1 trillion (approximately USD 40 million) thanks to earlier official distribution.
According to renowned TF Securities analyst Ming-Chi Kuo, this may be the last year Apple launches all iPhone models at once. For 2025, Apple is expected to introduce four variants: iPhone 17, 17 Pro, 17 Pro Max, and the ultra-thin iPhone 17 Air. Starting next year, Apple may split releases into two phases—launching the iPhone 18 Pro, 18 Pro Max, and 18 Air in September 2026, with the standard iPhone 18 and the more affordable iPhone 18e arriving in early 2027.
Similarly, in fall 2027, Apple is rumored to debut the iPhone 19 Pro, 19 Pro Max, 19 Air, and its first foldable device, the iPhone Fold, with the standard iPhone 19 scheduled for early 2028.
Design leaks suggest the iPhone 17 Pro and Pro Max will feature a redesigned aluminum chassis and a revamped rear camera module—replacing the square bump with a horizontal rectangular strip spanning the device’s width, similar to the Google Pixel 9 Pro. This larger housing will maintain the triangular triple-camera arrangement on the left, while the LED flash, microphone, and LiDAR sensor move to a vertical layout on the right. Upgrades are expected to include the new A19 Pro chip, 12 GB of RAM, a 48-megapixel telephoto lens, and a front camera boosted to 24 megapixels—double that of the previous generation.
Vietnam’s stock market has reached unprecedented heights, fueled by a series of supportive policies from the Government and regulatory agencies.
These initiatives are creating fresh momentum and raising expectations for a new growth cycle, with the goal of attracting high-quality domestic and foreign capital to support business expansion and economic development.
Historic Market Milestone
At the close of trading on August 8, the VN-Index reached a historic peak of 1,584 points—the highest level since the market’s inception. Meanwhile, the VN30 Index climbed to 1,729 points. Compared to the start of 2025, these indices have surged more than 25% and 30%, respectively, from early 2024 levels.
Other key indices also posted record highs: the HNX-Index hit 272.4 points and the UpCoM Index reached 108.6 points, up 19% and 14% year-to-date. This marks the highest point in the 25-year history of Vietnam’s stock market.
On the same day, the Ho Chi Minh Stock Exchange (HOSE) recorded a market capitalization of VND 6.84 quadrillion, up over 30%—equivalent to VND 1.6 quadrillion (nearly USD 62 billion)—since the beginning of 2025. The total market capitalization of all listed shares reached approximately VND 8.2 quadrillion, or nearly 71% of Vietnam’s GDP as of July 2025, the highest ratio in history and six times higher than a decade ago.
Leading Sectors Drive Growth
This surge in market capitalization has been driven in part by robust growth in leading stocks, including those from the Vingroup ecosystem (VIC, VHM, VRE, VEF), GELEX Group (GEX, GEE), major banks (VPB, SHB, TCB, CTG, BID, HDB, EIB), and securities firms (SSI, VND, SHS, VCI, VIX).
Liquidity has soared, with billion-dollar trading sessions becoming increasingly common. In recent days, total market turnover has frequently exceeded USD 2 billion per session. Two record-breaking sessions were recorded: July 29 saw a combined trading value of VND 79 trillion across all three exchanges, followed by August 5 with an all-time high of VND 86 trillion. The average daily trading value across the three bourses reached VND 39.45 trillion in July 2025.
Capital Inflows Reach Unprecedented Levels
The scale of capital inflows into Vietnam’s equity market is unmatched in its history. Strong investor appetite—focused on listed companies with solid business performance and robust balance sheets—has propelled the market’s steady and sustainable rise.
Gerald Toledano, a representative of FTSE Russell under the London Stock Exchange Group, noted that Vietnam’s market liquidity is “highly impressive,” ranking first in ASEAN and surpassing both Thailand and Singapore.
Rising Investor Participation
According to the Vietnam Securities Depository and Clearing Corporation (VSDC), 226,153 new domestic securities accounts were opened in July alone. By the end of the month, the total number of accounts nationwide reached 10.447 million, equivalent to around 10.4% of the population—achieving the 2025 target ahead of schedule and setting sights on 11 million accounts by 2030.
Vietnam Maritime Commercial Joint Stock Bank (HoSE: MSB) has emerged as one of the most closely watched bank stocks on the Vietnamese market, following the release of its robust first-half 2025 financial results and its upcoming 20% stock dividend distribution. The share price has recently climbed to VND 15,400, approaching target levels previously set by several brokerage firms.
Stock Dividend Plan and Impact on Charter Capital
The State Bank of Vietnam has approved MSB to issue up to 520 million shares to pay a 20% stock dividend, based on distributable profits.
Once completed, the bank’s charter capital will rise from VND 26 trillion to VND 31.2 trillion, strengthening its capital base to support higher credit growth and further investment in technology and service innovation.
The distribution is expected to be finalized in the fourth quarter of 2025.
First-Half 2025 Performance – A Solid Growth Foundation
Pre-tax profit: VND 3.173 trillion, underscoring steady growth across core business segments.
Credit growth: +13.39% year-to-date, reaching over VND 200.7 trillion, outperforming the sector average of 9.9%.
Net interest income: VND 5.089 trillion (+8% YoY), with a net interest margin (NIM) of 3.45%.
Fee-based income: VND 909 billion (+36% YoY), driven by payment services, trade finance, and digital banking.
Total assets: VND 341.3 trillion (+7% YTD), achieving 97% of the full-year target of VND 350 trillion.
Customer deposits: VND 174.43 trillion (+13% YTD), with the CASA ratio at 26.78%.
Asset quality: Non-performing loan (NPL) ratio at 1.86% (slightly lower than Q1), and capital adequacy ratio (CAR) at 12.28%.
Valuation and Investment Outlook
Previously, brokerages such as VCBS recommended a BUY rating with a target price of VND 14,300 per share, implying a 23% upside at the time. With the current market price at VND 15,400, the stock has surpassed short-term targets and is edging closer to higher valuations suggested by other analysts, such as DSC (~VND 16,100).
MSB’s P/B ratio remains around 0.9x, well below the banking sector average of 1.6x, indicating further upside potential if positive earnings momentum continues.
Long-Term Strategy and Growth Drivers
Diversified revenue streams: The bank is expanding in digital banking, payment services, and wealth management, alongside plans to acquire a securities company and establish an asset management firm.
Strong capital and risk management: Key prudential ratios remain healthy, enabling sustainable credit expansion.
Short-term catalysts: The progress of the 20% stock dividend distribution and Q3 2025 results are expected to bolster market sentiment.
With first-half profits of VND 3.173 trillion, above-average credit growth, attractive valuations, and a 20% stock dividend policy, MSB offers a compelling investment case.
However, given the recent rapid share price increase, investors should carefully consider entry points and prioritize accumulation strategies ahead of the record date to maximize returns while managing risk.
Nha Trang, Vietnam – Authorities in Khanh Hoa Province are investigating an incident in which a Russian man allegedly assaulted a Vietnamese traffic police officer while the officer was mediating a minor road accident in the coastal city of Nha Trang on Thursday morning.
According to local police, the altercation occurred at approximately 6:30 a.m. at the intersection of Tran Phu and Tue Tinh Streets. Traffic police had been dispatched to the scene following reports of a collision involving a motorbike driven by the Russian national and another motorbike.
Lieutenant Colonel Ngo Tung Giang, who arrived to handle the case, found the two parties engaged in a heated dispute. While attempting to mediate, Giang was unexpectedly punched in the mouth by the Russian man, resulting in facial injuries and bleeding.
Police reported that the foreign national exhibited signs of alcohol consumption and was confirmed to be under the influence at the time of the incident. The man was immediately restrained and taken to the local police station before being transferred to the Nha Trang Ward police division for further investigation.
Authorities have stated that the case will be handled in accordance with Vietnamese law. The assault on an officer performing official duties is considered a serious offense in Vietnam, carrying potential criminal charges and legal consequences.
This incident underscores Vietnam’s strict stance on public order and the conduct of foreign visitors, particularly in tourist destinations such as Nha Trang, which attracts a significant number of international travelers each year.
