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Vietnam’s OEM Manufacturing Landscape in 2026 : Tips for Sourcing your Own Product

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As global supply chains continue to diversify, OEM manufacturing in Vietnam has emerged as a powerful solution for companies seeking custom, cost-effective, and export-ready production. Once known mainly for textiles and low-value assembly, Vietnam is now establishing itself as a rising hub for Original Equipment Manufacturing (OEM) across sectors like electrical systems, industrial machinery, green technology, and consumer electronics.

Vietnam’s Manufacturing Landscape: Unlocking the OEM Opportunity

In the first half of 2025, the manufacturing and processing sector grew by 10 percent, reflecting the country’s transition from basic assembly work to higher-volume production with improved technical capabilities. During the same period, exports rose by 14.4 percent, with processed industrial goods accounting for more than 88 percent of total export value. This indicates Vietnam’s increasing ability to deliver value-added and customized products for international markets.

Vietnam and the United States may recently have reached a trade agreement that sets the average export tariff on Vietnamese goods entering the US at 20 percent, a rate lower than that of many other countries in the region. This development strengthens Vietnam’s position in OEM manufacturing, particularly as the US remains its largest export destination.

In this video, we visit an OEM factory in Binh Duong that specializes in producing electrical panels and sheet metal parts for export. Watch to discover the production capabilities of OEM factories in Vietnam and understand why the country is becoming a competitive hub for custom manufacturing.

What Makes Vietnam Attractive for OEM Manufacturing?

Competitive Labor Costs

According to the 2025 report by World Population Review, Vietnam’s minimum wage is approximately 0.76 dollars per hour, while in China it stands at 1.27 dollars per hour — a difference of about 40 percent. This wage gap offers a significant cost advantage for manufacturers, especially in labor-intensive sectors like textiles, electronics, and OEM production.

MovetoAsia sourcing agency team visiting one Vietnam garments factory

Recent surveys also show that Vietnamese factory workers earn an average of 250 to 400 dollars per month, making Vietnam one of the most cost-effective options in the region for both manufacturing and back-office outsourcing. This affordability, combined with an increasingly skilled workforce, continues to attract international buyers seeking efficient and scalable production.

End-to-End Value Chain Capabilities

Modern factories in Vietnam offer more than just low-cost labor — they deliver end-to-end value chain capabilities. From product design, prototyping, and engineering support to sheet metal fabrication, enclosure production, wiring, final assembly, and functional testing, many Vietnamese manufacturers can manage the entire OEM process in-house. This integrated approach reduces lead times, minimizes risks in coordination, and ensures consistent product quality — making Vietnam a highly attractive destination for brands seeking scalable and efficient OEM solutions.

Flexible Order Quantities

Vietnamese OEM manufacturers are known for their flexibility in both order quantities and customization. Whether you’re placing a small pilot order, a mid-sized batch, or scaling up to mass production, many factories can adjust accordingly. This adaptability makes Vietnam an ideal choice for startups testing new products, niche brands offering multiple product variations, and established companies seeking responsive and reliable manufacturing partners.

Key OEM Manufacturing Sectors in Vietnam

Vietnam’s OEM manufacturing strength is supported by several globally integrated industries. In textiles and garments, the country remains a leading exporter, producing for major international brands such as Nike, Adidas, and H&M.

The furniture sector continues to perform strongly, supplying well-known brands like IKEA and Ashley Furniture. Vietnamese manufacturers in this space offer competitive capabilities in both large-scale production and customized design work, making them ideal OEM partners.

Electronics is also an increasingly important OEM sector, with factories in provinces like Bac Ninh and Bac Giang producing components and sub-assemblies for major global supply chains. These manufacturing clusters support international clients through services such as PCB production, wiring systems, and control modules.

Challenges for OEM Manufacturing in Vietnam

Vietnam’s manufacturing ecosystem includes a wide range of factories. While larger factories often follow structured quality systems, smaller ones may lack standardized QC processes or trained staff. This makes quality control a key concern, especially when working with lower tier suppliers.

In several sectors, particularly textiles, Vietnamese manufacturers rely heavily on raw materials imported from countries like China. This dependence can lead to supply chain disruptions, longer lead times, and price volatility, especially during global trade tensions or logistical bottlenecks.

Infrastructure is another key limitation. Vietnam’s transport and logistics systems, while improving, still fall behind China’s in terms of efficiency and capacity. Factories located outside major industrial hubs may face issues such as limited warehouse space, slower cargo movement, and higher transportation costs, all of which can affect production timelines and delivery schedules.

Vietnam’s OEM Future

Vietnam is no longer just a low-cost alternative. It is steadily becoming a full-service OEM manufacturing hub across key sectors like textiles, furniture, electronics, and industrial components. With competitive labor costs, flexible production capabilities, and increasing export performance, the country offers strong appeal for global brands seeking scalable and customized manufacturing solutions.

Looking ahead, Vietnam is poised to move further up the value chain. As infrastructure improves and investments in technology and workforce training accelerate, the country has the potential to support more advanced and high-value OEM projects. For companies planning their next manufacturing strategy, Vietnam is not only relevant today but increasingly strategic for the future.

Day in the Life of a Prop Firm Trader: What to Expect

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Ever wondered what it’s really like to be a prop firm trader? Maybe you’ve scrolled through those “pass the challenge” screenshots or joined a Discord to ask about Funding Rock funding solutions, only to realize nobody’s sharing what a normal Tuesday actually feels like. If you’re considering the leap—or you’re just curious about the behind-the-scenes reality—here’s a brutally honest look at the daily routine, the ups and downs, and what you can expect if you decide to trade with a prop firm.

The Morning: Checking the Rules (and Your Nerves)

For most prop firm traders, the day starts earlier than you’d expect. Forget rolling out of bed at noon—by 7 or 8 a.m., you’re usually at your desk, coffee in hand, scanning your firm’s dashboard for overnight emails or any sudden rule changes. (Yes, that happens more often than you’d think, especially if you’re using prop firms known for active rule adjustments.)

First step? Check your funded account’s metrics. Are you within your daily drawdown limit? Did you accidentally let a trade slip past a major news event? You’d be surprised how many traders have lost their funding because they missed a “no trading during NFP” warning in the morning update.

Pre-Market Rituals: Analysis Over Hype

Forget the hype videos. A real day-in-the-life means running your own technical analysis, reviewing news calendars, and prepping your watchlist. Prop firm traders need to be on top of market volatility—not just chasing signals. The best in the game keep meticulous journals, jotting down possible setups, target zones, and (most importantly) risk management plans.

Here’s the twist: you’re always trading with someone else’s money. That means every position, lot size, and stop-loss gets double-checked. It’s not just about hunting profits; it’s about staying funded.

The Trading Session: Focus, Discipline, and (Sometimes) Boredom

Once the session opens, it’s all about patience. Most prop firms (whether you’re with FTMO, Funding Rock, or another) are strict about rules: don’t overleverage, don’t overtrade, and don’t get cute with banned strategies. Some days, the best trade is no trade at all.

Realistically, a lot of time is spent waiting for your setup. No matter what those Instagram reels show, real prop traders aren’t glued to the screen pulling the trigger every five minutes. You might only place one or two high-quality trades in a day—if any.

And yes, the psychological side is real. Every decision has a weight to it. More than a few traders will admit their heart rate jumps when they size up on a big opportunity. Some cope with quick walks, some meditate, some just clutch that second coffee for dear life.

Midday Check-In: Reviewing and Resetting

After a morning of trading (or sitting on your hands), it’s time to check results—and emotions. The best prop firm traders pause to review what went well, what got missed, and whether any trades got a little too emotional. If you’re under a daily loss limit, this is when you decide: step back, or risk losing your funded status by forcing a comeback.

This break is also prime time for hopping into a prop firm community chat or Discord. These groups are goldmines for tips, commiseration, and accountability. Don’t underestimate the value of a quick vent with traders who get it.

Afternoon: More Analysis, Sometimes More Waiting

Depending on your strategy and your prop firm’s rules, the afternoon could mean watching another market open, or simply stepping away. Many funded traders set a hard stop-time (no “revenge trading” after lunch!), while others look for secondary setups.

The biggest lesson? Boredom is part of the gig. Prop firm trading isn’t constant action. The best traders know how to manage downtime—whether it’s tweaking journals, reviewing old trades, or just getting some fresh air.

End of Day: Journaling, Reflection, and Resetting

A real day-in-the-life ends not with wild celebrations, but with journaling. You log every trade, review every decision, and set a plan for tomorrow. Some prop firms actually require this step as part of ongoing evaluations. You’ll also double-check your metrics—did you stay inside the risk rules, avoid prohibited trades, and follow your plan?

This reflection is where growth happens. Most prop traders will tell you: the difference between surviving and thriving is all about discipline, routine, and the willingness to learn from every single day—win or lose.

Final Thoughts: Is Prop Trading the Right Lifestyle for You?

If you’re still reading, you probably sense it already—being a prop firm trader isn’t just about big payouts and wild success stories. It’s about structure, self-control, and a willingness to learn every single day. It can be repetitive, stressful, and (at times) boring, but it can also be one of the most challenging and rewarding ways to level up as a trader.

So if you’re eyeing Funding Rock funding solutions or any of the top forex prop firms, ask yourself: do you thrive on discipline? Are you cool with waiting for the right setup, and okay with strict rules? If so, prop trading might just be your next big move.

Vietnam Records Lowest Birth Rate in History Amid Rapid Aging and Gender Imbalance

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Vietnam is facing an unprecedented demographic shift as the country grapples with its lowest fertility rate on record, a worsening gender imbalance at birth, and the rapid aging of its population—challenges that threaten long-term sustainable development, according to Minister of Health Đào Hồng Lan. Mà

Speaking at an event marking World Population Day on July 11, Minister Lan emphasized that Vietnam’s total fertility rate (TFR) has fallen to its lowest historical level and is projected to continue declining in the years ahead. Citing data from the April 2024 population survey, she said the TFR dropped from 2.01 children per woman in 2022 to 1.96 in 2023 and 1.91 in 2024.

Demographic Challenges Intensify

In addition to declining birth rates, Vietnam is aging at a pace that exceeds many countries with similar income levels. In 2024, the average life expectancy in Vietnam reached 74.7 years. However, the number of healthy life years remains at just 65, highlighting a significant period in which many elderly citizens live with illness or disability.

Health and living conditions in remote and ethnic minority areas remain limited, while adolescent pregnancy continues to be a concern, particularly in the Central Highlands and Northern mountainous regions, where early and consanguineous marriages are still reported.

Severe Gender Imbalance at Birth

The issue of gender imbalance at birth, though under partial control, remains serious. The male-to-female birth ratio stood at 110.5 boys per 100 girls in 2009, rising to 111.5 in 2019, and reaching 111.4 in 2024. This imbalance is expected to have a long-term impact on Vietnam’s population structure. Projections by the General Statistics Office indicate that if the trend continues, Vietnam could face a surplus of 1.5 million men aged 15–49 by 2034—a number that could rise to 1.8 million by 2059.

Vietnam’s Human Development Index (HDI) ranking remains relatively low globally, placing 93rd among 193 countries and territories.

Policy Response and Proposed Legislation

To address these mounting demographic challenges, the Ministry of Health is drafting a new Population Law and a national program for health, population, and development for the 2026–2035 period.

The proposed legislation outlines key policy measures, including extended maternity leave, financial incentives or gifts for childbirth, and prenatal and newborn health screenings. Families with two daughters would be eligible for special benefits, including access to affordable housing and other support programs tailored to Vietnam’s evolving socio-economic conditions.

The draft law also includes targeted strategies to address gender imbalance at birth, with flexible implementation at both local and national levels. In parallel, the ministry is working to expand infrastructure and human resources for elderly care, offering scholarships and tuition support for students specializing in geriatric medicine at public medical universities.

The Ministry of Justice is scheduled to review the draft Population Law today. If approved, it will be submitted to the government and then to the National Assembly for consideration during its 10th session in October 2025.

American Tourist Dies in Motorbike Accident on Vietnam’s Son Tra Peninsula

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A 28-year-old American tourist died early Friday morning after losing control of his motorbike while descending a mountain pass on the scenic Son Tra Peninsula in Da Nang.

The accident occurred shortly after 5 a.m. on Hoang Sa Street, below the Bai Bac summit area in Son Tra Ward. Local residents out for morning exercise discovered the man lying motionless near a fallen motorbike and immediately alerted authorities.

Emergency rescue teams, including eight firefighters and rescue personnel, were dispatched to the scene along with paramedics. However, the man was pronounced dead upon their arrival.

Photos from the scene show the manual Honda motorbike had plunged into a roadside storm drain. The victim’s body was found nearby, next to a roadside barrier. Identification documents confirmed his American nationality. He was temporarily residing at an apartment in An Hai Ward, local police said.

Authorities have completed an on-site investigation and recovered the motorbike. The body has been transferred to a local mortuary while awaiting notification and arrival of next of kin. Preliminary findings suggest the tourist lost control of the vehicle and died in a self-inflicted accident.

The Hoang Sa coastal road is popular among tourists for its breathtaking views, with lush mountains on one side and the East Sea on the other. However, it is also considered treacherous due to its steep gradients, sharp turns, and limited visibility—conditions made even more hazardous by rain, slippery surfaces, and sheer cliffside drops.

Authorities continue to investigate the incident and urge caution for travelers exploring the area by motorbike.

Foreign Investors Return to Asian Equities, But Tariff Uncertainty Casts a Shadow

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Asian equity markets attracted net foreign inflows for a second consecutive month in June, supported by optimism over potential U.S. interest rate cuts and a weaker dollar. However, growing concerns over escalating U.S. tariff threats limited the momentum.

According to LSEG data, foreign investors bought a net $6.02 billion worth of equities across seven major Asian markets—Taiwan, South Korea, India, Thailand, Indonesia, Vietnam, and the Philippines—in June. While still positive, this marked a decline from $10.65 billion in May.

The MSCI Asia ex-Japan Index rose 5.33% in June, posting its strongest monthly gain since September 2024 and outperforming the MSCI World Index, which advanced 4.36%.

Investor appetite for AI-related technologies continued to drive foreign investment, particularly in Taiwan and South Korea, which recorded net inflows of $3.22 billion and $2.01 billion, respectively. Strong performance by U.S. chipmakers Nvidia and Broadcom further fueled confidence in Asia’s tech-heavy markets.

India also remained a favored destination, with foreign investors purchasing $1.69 billion in local stocks—the third straight month of net inflows.

Conversely, markets in Indonesia, Thailand, Vietnam, and the Philippines saw net outflows totaling over $900 million in June, as investors remained wary of economic headwinds and geopolitical risks.

Despite the positive momentum, uncertainty around U.S. trade policy continues to weigh on sentiment. The U.S President Donald Trump recently delayed a major tariff decision to August 1, while simultaneously escalating tensions by announcing steep duties on key imports—including a 50% tariff on copper and increased levies on exports from Japan and South Korea.

Analysts warn that further tariff hikes could dampen the region’s investment outlook, though some, including Goldman Sachs, believe that final tariff decisions may serve as a “clearing event” for markets—even if the imposed rates exceed expectations.

Trump Escalates Trade Tensions with 35% Tariff on Canada, Signals Broader Global Tariff Strategy

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In a sharp escalation of trade tensions, U.S. President Donald Trump announced on Thursday that the United States will impose a 35% tariff on Canadian imports starting August 1, marking a significant increase from the current 25%.

The move is part of a broader plan to introduce blanket tariffs of 15% to 20% on most other U.S. trading partners.

Trump conveyed the new tariff policy in a letter addressed to Canadian Prime Minister Mark Carney, warning that any retaliatory measures by Canada could trigger further increases. An exemption under the existing United States-Mexico-Canada Agreement (USMCA) is expected to remain in place, along with a 10% tariff cap on energy and fertilizer—though final decisions on these items are still pending, according to a U.S. official.

The letter also linked the tariff decision to non-trade issues, including the flow of fentanyl across the northern border. Trump suggested that cooperation from Canada in curbing fentanyl could influence the tariff terms.

Carney responded publicly via social media, reaffirming Canada’s commitment to protecting its workers and continuing dialogue with the U.S. government. He also noted that Canada had made significant progress in efforts to stem fentanyl trafficking and pledged further cooperation.

The tariff hike deals a blow to Prime Minister Carney, who had prioritized securing a new trade and security agreement with the United States by July 21. Canada, the second-largest U.S. trading partner after Mexico, exported $412.7 billion to the U.S. last year while importing $349.4 billion.

Trump’s tariff campaign is not limited to Canada. New duties have already been levied on Japan, South Korea, and copper imports, and the European Union could be next. Investors reacted with concern as markets in Asia dipped, anticipating potential fallout if tensions mirror those of the 2018–2019 U.S.-China trade war.

Trump’s aggressive tariff stance is prompting global leaders to seek diplomatic engagement. Myanmar’s military junta reportedly requested a reduction in its current 40% U.S. tariff rate and expressed willingness to send a delegation to Washington. Meanwhile, the Philippine president is scheduled to meet Trump this month in Washington to discuss the 20% duty on Philippine goods.

In a separate interview, Trump signaled that formal letters to each country may not be necessary, asserting that blanket tariffs of 15% to 20% will soon apply to “all remaining countries.”

As global markets brace for further disruption, the outcome of these negotiations and potential retaliatory measures from affected nations will be closely watched by investors, diplomats, and businesses alike.

Northern Vietnam Faces Extended Torrential Rains as Record-Breaking Wet Season Sparks Flooding and Landslide Fears

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Northern Vietnam is bracing for another wave of heavy rainfall, extending over four days, as meteorological conditions driven by a low-pressure trough and active cyclonic circulation intensify across the region. According to the National Center for Hydro-Meteorological Forecasting, this extended bout of rain is expected to significantly impact both urban centers and remote mountainous areas, compounding concerns over flooding, landslides, and infrastructure disruptions.

The latest development follows an already historically wet June in the northern provinces, with rainfall totals shattering decades-old records. This anomalous weather pattern underscores growing climate volatility in the region and poses mounting challenges for disaster preparedness, urban planning, and economic continuity.

Rainfall began intensifying earlier this week, with localized amounts ranging from 30 to 70 millimeters. However, forecasts warn that some areas could receive over 150 millimeters within a single event, with short-term rainfall exceeding 100 millimeters in just three hours. From Thursday onwards, precipitation is expected to blanket the entire northern region, with cumulative totals likely reaching between 70 to 150 millimeters across broad areas.

In extreme cases, 24-hour rainfall could exceed 300 millimeters, while isolated downpours may deliver over 150 millimeters in just three hours—posing acute risks to drainage systems, transportation networks, and hillside communities.

As a silver lining, the rain is projected to bring relief from the intense heatwave that has gripped northern Vietnam. In Hanoi, where temperatures peaked at 38 degrees Celsius on Tuesday, forecasts from AccuWeather anticipate a gradual cooling trend, with highs falling to 26–31 degrees Celsius by Saturday.

The meteorological agency has issued warnings about potential flooding in low-lying urban districts, industrial zones, and rural plains. Small rivers and streams may experience sudden surges, heightening the risk of flash floods, while landslides remain a serious threat in mountainous and sloped regions already weakened by weeks of saturation.

Floodwaters have already been reported in Thai Nguyen, Bac Ninh, and Son La provinces. Landslides have disrupted traffic and logistics on key provincial and national highways, illustrating the immediate economic and logistical consequences of the ongoing weather patterns. These disruptions are likely to strain provincial disaster response capabilities and may further affect agricultural output and rural livelihoods.

Weather specialists and climate analysts note that Vietnam’s northern regions are witnessing a shift in seasonal norms. In June alone, Hanoi and surrounding provinces recorded 20 days of rain—far above the historical average. This includes record-setting totals in several provinces: Thai Nguyen received 994 millimeters, surpassing its 1979 record; Son La reached 379 millimeters, beating a 1995 high; Lang Son registered 442 millimeters, eclipsing its 1978 benchmark; and Bac Giang tallied 562 millimeters, breaking a record from 1986.

Such anomalies raise questions about the increasing frequency of extreme weather events and their implications for long-term infrastructure planning and water resource management. Experts argue for stronger investment in resilient infrastructure and climate-adaptive urban development, particularly in flood-prone and rapidly urbanizing areas.

While the upcoming rainstorm is forecast to ease the region’s extreme heat, the short-term risks it brings are substantial. Provincial authorities are on alert, with emergency response plans activated in areas most at risk. However, continued rainfall and saturated terrain mean that even minor weather fluctuations could result in significant hazards.

Looking ahead, Vietnam’s northern provinces may face prolonged meteorological instability as climate patterns continue to diverge from historical norms. For international observers, investors, and policymakers, these developments underscore the urgency of integrating climate resilience into Vietnam’s growth model—especially as the country deepens its role in global manufacturing and trade networks.

Vietnam Charts New Course Amid U.S. Tariffs: Diversification and Quality Overhaul at the Forefront

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Vietnam is preparing to implement a series of strategic measures to mitigate the impact of newly imposed U.S. tariffs, signaling a broader shift in the country’s export and trade policy. Deputy Minister of Industry and Trade Phan Thi Thang announced the government’s intention to improve product quality and diversify export destinations in response to evolving global trade dynamics.

The announcement came during an investment conference held in Hanoi on Wednesday, following the recent trade agreement with the United States that imposes a 20% tariff on Vietnamese exports and a steeper 40% levy on transshipped goods originating from third countries.

The Ministry of Industry and Trade is now actively collaborating with domestic enterprises to implement targeted reforms. The focus lies not only on raising product standards to meet global expectations but also on tapping into a broader network of free trade agreements (FTAs) that Vietnam has signed in recent years.

“With 16 free trade agreements in place, Vietnam is expanding its export markets to reduce reliance on the U.S. market,” Thang stated at the conference. These agreements include major trade pacts such as the CPTPP (Comprehensive and Progressive Agreement for Trans-Pacific Partnership) and the EVFTA (EU–Vietnam Free Trade Agreement), positioning Vietnam as a critical node in global supply chains.

The U.S. tariffs present both a challenge and an opportunity for Vietnam. While immediate impacts may strain export growth to its largest bilateral trade partner, the situation could act as a catalyst for long-term economic transformation. Improving product quality is expected to boost competitiveness, while export diversification will reduce vulnerability to external shocks.

The country’s continued reliance on the U.S. for trade growth had raised concerns among policymakers, especially in light of rising protectionism and ongoing geopolitical tensions. Vietnam’s strategic pivot indicates a proactive approach in future-proofing its export-driven economy.

Analysts suggest that Vietnam’s emphasis on quality enhancement and trade diversification aligns with broader trends among emerging markets facing similar tariff pressures. By leveraging its FTAs, Vietnam could unlock new growth opportunities in regions such as Europe, Northeast Asia, and intra-ASEAN markets.

Moreover, the move may spur innovation and higher value-added manufacturing in Vietnam, moving the economy away from basic assembly and toward more sophisticated production ecosystems.

Vietnam’s economic performance remains robust, with GDP growth accelerating to 7.96% in the second quarter of 2025, up from 6.93% in the first quarter. However, meeting the full-year target of at least 8% remains a significant challenge. Prime Minister Pham Minh Chinh acknowledged the difficulty, calling the growth target a “big challenge” at a government meeting held the same day.

The confluence of domestic reforms, external pressures, and strategic trade positioning will likely define Vietnam’s economic trajectory in the coming months. As the country rebalances its trade dependencies and strengthens its industrial capacity, the coming years may mark a pivotal shift in Vietnam’s role in the global economy.

Vietnam’s Stock Market Eyes 1,500-Point Milestone Amid Surging Investor Confidence and Economic Momentum

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Vietnam’s stock market is experiencing a resurgence, with the VN-Index surpassing 1,400 points for the first time in over three years.

On July 8, the benchmark index advanced by more than 13 points, buoyed by renewed investor confidence and strong trading liquidity, which exceeded VND 28 trillion (approximately USD 1.1 billion). The rally is viewed as part of a broader market recovery following a brief correction in April.

According to Mr. Trần Hoàng Sơn, Chief Market Strategist at VPBank Securities (VPBankS), the VN-Index is on track to reach a new range of 1,500–1,550 points in the second half of the year. However, he cautioned that the market may first experience a technical correction when it approaches resistance levels between 1,430 and 1,450 points.

Mr. Sơn noted that Vietnam’s equity market is nearing a critical period of assessment for an upgrade to emerging market status—an ambition long pursued by policymakers and investors alike. The country’s performance, he argued, is beginning to mirror that of more developed emerging markets, driven by improving liquidity, investor sentiment, and macroeconomic indicators.

Investor confidence has rebounded rapidly, as evidenced by the sharp recovery in trading volumes and a milestone achievement: over 10 million trading accounts have now been registered in Vietnam. Corporate earnings are also expected to align with favorable monetary and fiscal policies, with profit growth projected at 15–16% this year. Key sectors such as banking, securities, real estate, and steel are forecasted to continue their recovery momentum.

Mr. Sơn further emphasized the potential influx of foreign capital through upcoming initial public offerings (IPOs). Vietnam may see as much as USD 47.5 billion in IPO deals across financial services, consumer goods, and information technology by the end of this year and early next. Historical precedents such as Vinamilk’s divestment in 2017–2018 support the view that IPO activity can significantly stimulate market performance.

Speaking at the same event, Dr. Nguyễn Xuân Thành, Senior Lecturer at Fulbright University Vietnam’s School of Public Policy and Management, pointed out that the Vietnamese market has responded positively to recent macroeconomic indicators. In his view, much of the optimism also stems from successful trade negotiations, which have helped ease tariff-related concerns.

He highlighted two main drivers of macroeconomic strength in the first half of 2025. First, despite elevated global tariffs, Vietnam’s export sector recorded robust growth, underpinned by manufacturing resilience. Second, public investment has accelerated and is expected to maintain strong momentum over the next three to four years.

Market watchers are closely following Vietnam’s push for an upgrade from frontier to emerging market status, a move that could attract an estimated USD 3–7 billion in both passive and active capital flows. While some expect the upgrade to be announced as early as September, others anticipate a decision by March next year, citing technical issues related to settlement processes and the new KRX trading system that still need refinement.

Should the upgrade materialize and capital be deployed swiftly, it would likely deliver a powerful boost to Vietnam’s capital markets and position the country more prominently on the global investment map.

Prudential chinh phục loạt giải thưởng nổi bật nửa đầu năm 2025

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Công ty TNHH Bảo hiểm Nhân thọ Prudential Việt Nam (“Prudential”) vừa chinh phục bộ đôi giải thưởng tại Insurance Asia Awards 2025 khi được vinh danh tại hai hạng mục giải thưởng: “Sản phẩm bảo hiểm mới của năm” và “Sáng kiến đào tạo & phát triển của năm”. Đồng thời, trước đó Prudential cũng tiếp tục nằm ở vị trí thứ 2 trong Top 10 Công ty Bảo hiểm Nhân thọ uy tín năm 2025 do Vietnam Report công bố.

Giải thưởng “Sản phẩm bảo hiểm mới của năm” được trao cho sản phẩm bảo hiểm Liên kết chung PRU – Bảo Vệ Tối Đa (PRU-Max Protect) – sản phẩm mới nhất của Prudential được chính thức ra mắt vào tháng 5/2025. Sản phẩm được đánh giá cao nhờ thiết kế tối đa hóa giá trị bảo vệ trên mỗi đồng phí cho người tham gia, đồng thời tích hợp khả năng tích lũy tài chính bền vững với lãi suất cam kết và các khoản thưởng hấp dẫn.

Giải thưởng “Sáng kiến đào tạo & phát triển của năm” ghi nhận thành công của chương trình Phát triển năng lực quản lý doanh nghiệp dành cho Giám đốc văn phòng Tổng đại lý – một sáng kiến chiến lược nhằm nâng cao năng lực điều hành, tài chính và quản trị nhân sự cho đội ngũ lãnh đạo Kênh Đại lý, qua đó minh chứng rõ nét cho việc từ lâu Prudential đã được xem là “cái nôi” của đào tạo bảo hiểm nhân thọ, luôn tiên phong trong việc xây dựng các mô hình hoạt động một cách bài bản và toàn diện.

Các Giám đốc văn phòng tổng đại lý Prudentail chụp hình tại lễ tốt nghiệp

Đại diện Prudential tại lễ trao giải ông Lương Thế Vinh, Giám đốc Sản phẩm tại Prudential Việt Nam chia sẻ tại sự kiện nhận giải: ”Những sự công nhận này không chỉ tôn vinh cam kết của chúng tôi đối với sự đổi mới liên tục mà còn truyền cảm hứng cho chúng tôi tiếp tục thiết kế các giải pháp bảo vệ tài chính tiên tiến nhằm đáp ứng nhu cầu ngày càng phát triển của các gia đình Việt Nam song song với việc không ngừng mang đến các sáng kiến đào tạo để nâng cao chất lượng mạng lưới phân phối của mình”.

Bên cạnh hai giải thưởng quốc tế, Prudential tiếp tục được Vietnam Report vinh danh trong Top 10 Công ty Bảo hiểm Nhân thọ uy tín năm 2025. Bảng xếp hạng này dựa trên các tiêu chí về năng lực tài chính, uy tín truyền thông và mức độ hài lòng của khách hàng. Đây là năm thứ 9 liên tiếp Prudential giữ vững vị trí trong bảng xếp hạng, không chỉ phản ánh sự tin tưởng của khách hàng dành cho Prudential mà còn khẳng định vị thế tiên phong của công ty trong ngành bảo hiểm nhân thọ tại Việt Nam.

Ngày 7/7/2025 vừa qua, Prudential thông báo ông Kevin Joong Kwon đã chính thức đảm nhận vai trò Tổng Giám đốc, sau khi được Bộ Tài Chính chấp thuận. Việc bổ nhiệm ông Kwon nhấn mạnh cam kết phát triển lâu dài và bền vững tại thị trường Việt Nam của Tập đoàn Prudential, đồng thời khẳng định vai trò là đối tác đáng tin cậy cho các gia đình Việt.

Fatal Paragliding Accident on Son Tra Peninsula Raises Concerns Over Adventure Tourism Safety in Vietnam

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Adventure tourism has been gaining popularity in Vietnam, with activities such as paragliding, zip-lining, and trekking drawing both domestic and international thrill-seekers. Among the most scenic destinations is the Son Tra Peninsula in Da Nang, known for its lush mountains, coastal cliffs, and panoramic views.

Since mid-2023, Da Nang authorities have allowed paragliding on a pilot basis in the area, aiming to diversify the city’s tourism offerings and attract more high-spending visitors. However, a tragic accident this week has brought renewed scrutiny to safety standards in this growing niche of Vietnam’s tourism sector.

On the evening of July 8, a 36-year-old man temporarily residing in Ho Chi Minh City died in a paragliding accident near the foot of Son Tra Mountain in Da Nang. According to initial reports, the victim, identified only as Mr. T., was participating in a tandem paragliding flight with a pilot when the duo encountered a technical failure shortly after takeoff. The paraglider crashed into a coastal area at the base of the mountain, near the shoreline.

Emergency rescue teams were dispatched promptly upon receiving the alert and recovered the victim’s body from the crash site. Local authorities confirmed the fatality on the morning of July 9 and stated that a formal investigation into the cause of the incident is now underway.

Officials from the Son Tra Ward People’s Committee told Vietnam Insider that more information will be made available after the relevant agencies complete their inquiries. In the meantime, all involved parties are cooperating to determine whether the flight met operational and safety regulations.

A corner‎ at Son tra peninsula @ Bojan Mirovic‎

The accident has cast a shadow over Da Nang’s efforts to promote adventure tourism as part of its broader economic development strategy. In June 2023, the Da Nang People’s Committee officially approved a pilot program for non-motorized paragliding activities on Son Tra Peninsula. By May 2024, the Department of Culture, Sports, and Tourism had identified five licensed service providers that met Vietnam’s safety requirements for operating paragliding flights in the area.

While these steps were intended to ensure proper oversight, the recent incident raises questions about the robustness of safety compliance, pilot training, and emergency preparedness. Tourism industry insiders are now calling for a comprehensive review of existing guidelines and better enforcement mechanisms.

A representative from a Vietnam-based adventure sports consultancy told Vietnam Insider that while paragliding can be conducted safely, it requires strict adherence to weather assessments, equipment checks, and professional pilot certification. “This tragedy underscores the critical need for transparency in safety protocols and more public reporting on pilot qualifications and operator compliance,” the expert said. “Vietnam’s adventure tourism sector has immense potential, but one accident can severely damage public trust and deter future travelers.”

As investigations proceed, the incident may prompt Da Nang and other provincial governments to tighten regulations on extreme sports and reassess the criteria for pilot programs in high-risk activities. For Vietnam, which is positioning itself as a rising destination for experience-based tourism, maintaining international standards for safety will be crucial not just for preventing future tragedies, but also for safeguarding the long-term credibility of its tourism industry.

The Son Tra accident serves as a somber reminder that rapid tourism development must be matched by equally rigorous attention to safety, professionalism, and accountability.

Drowning of Two Children Sparks Renewed Concerns Over Water Safety During Summer Break

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Vietnam’s hot summer months often see children seeking relief in rivers, canals, and lakes, particularly in rural areas where access to supervised recreational facilities is limited. While these spontaneous swimming sessions provide a welcome respite from the heat, they also expose young people to significant risks—especially in unsupervised and hazardous locations.

On the afternoon of July 7, two 13-year-old boys tragically drowned while swimming with friends in a drainage canal located in Yen Tap Hamlet, Yen Dung Ward, Bac Ninh Province. The victims, identified as N.V.T. and N.L.N., both residents of Yen Hong Hamlet, had reportedly entered the canal with a group of local children. At some point during the outing, the two boys began to struggle in the water.

Despite their friends’ immediate efforts to call for help, both boys could not be rescued in time. Local authorities confirmed the incident on July 8 and have since issued a formal statement offering condolences and urging preventative action.

The tragedy has reignited public attention on the recurring issue of child drownings in Vietnam—a country where such incidents remain alarmingly common, particularly during school holidays. With rising temperatures across the northern region, unsupervised swimming has become a popular but dangerous form of recreation for children.

Local government officials in Bac Ninh have called on families to intensify supervision of their children during summer break. They also emphasized the importance of awareness campaigns on water safety, including the identification of hazardous areas and basic rescue and first-aid skills. Authorities specifically warned against swimming in canals, ponds, rivers, and other water bodies—especially those marked with warning signs or lacking safety infrastructure.

Water safety advocates have long stressed the urgent need for community-level education, accessible swimming lessons, and stronger enforcement of safety regulations near water bodies. In many provinces, especially in rural and peri-urban areas, children are left without access to safe swimming facilities or trained lifeguards. The lack of fencing or warning systems around canals and irrigation ditches further exacerbates the risks.

A child protection officer from a leading NGO working in the region told Vietnam Insider: “This heartbreaking event highlights the gap in public infrastructure and community awareness. It’s not just about telling children not to swim—it’s about providing safe alternatives and ensuring that parents, teachers, and local leaders have the knowledge and tools to educate and protect them.”

As Vietnam continues to grapple with extreme weather and the increasing risks posed by climate-related conditions, drowning prevention must become a more visible part of public health and safety efforts. In the short term, local authorities are stepping up public education campaigns, particularly in rural districts. Long-term solutions, however, will require investment in safer recreational infrastructure, expanded swimming instruction in schools, and consistent public messaging on the dangers of unsupervised swimming.

The deaths of these two young boys serve as a sobering reminder of the consequences of inaction. As families across Vietnam enjoy their summer holidays, the tragedy in Bac Ninh underscores the urgent need for a national dialogue on child safety and drowning prevention.

Apple May Replace Titanium with Aluminum in iPhone 17 Pro Max: A Shift in Strategy or a Cost-Saving Move?

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Apple’s annual iPhone updates often spark intense speculation and excitement among tech enthusiasts, investors, and competitors. As the Cupertino-based giant prepares for the 2025 product cycle, early leaks are already hinting at a significant design shift in the upcoming iPhone 17 Pro series—one that may surprise even the most loyal Apple users.

According to a well-known Weibo account, Instant Digital—frequently cited for credible Apple-related leaks—the iPhone 17 Pro and iPhone 17 Pro Max are expected to abandon the titanium frame introduced in the iPhone 15 Pro and iPhone 16 Pro models. Instead, Apple is reportedly reverting to aluminum for the device’s outer frame.

The source suggests that this new aluminum frame will be remarkably thin, contributing to ultra-narrow bezels and a sleeker design. In addition to enhanced aesthetics, the use of aluminum could also lead to a noticeable reduction in overall device weight—a welcome improvement for users who favor larger models but are concerned about heaviness.

While aluminum is not new to Apple’s smartphone lineup—it is currently used in the non-Pro iPhone 16 variants—the potential reintroduction of the material to Pro models marks a significant reversal in Apple’s recent design strategy, which has positioned titanium as a hallmark of premium build quality. Notably, Apple has not provided any public rationale for this change, and the source did not elaborate on whether the shift is driven by engineering, cost-efficiency, or sustainability concerns.

The rumors extend beyond material choices. The iPhone 17 Pro series is also expected to feature a redesigned rear camera module. Instead of the current vertical stack in the upper-left corner, the new layout could span horizontally across the back of the device—an aesthetic change that might align more closely with recent design trends in high-end Android smartphones.

Perhaps more symbolically, Apple is said to be relocating its iconic logo. Since the iPhone 11, the Apple logo has been centered on the back of the device. With the iPhone 17 Pro series, however, it may be shifted lower on the rear panel, directly beneath the new camera array.

This repositioning may come with trade-offs. Users of transparent MagSafe-compatible cases might find the logo partially obscured by the built-in magnetic ring, which is essential for wireless charging and accessory alignment. To address this, another leaker—Majin Bu, writing on X (formerly Twitter)—claims Apple may adjust the placement of the MagSafe charging coil to ensure the logo remains visible. If confirmed, this would be the first time since 2020 that Apple alters the logo position on an iPhone model.

Design changes to flagship Apple devices are often met with scrutiny from both industry analysts and consumers. While aluminum may offer advantages in weight and manufacturability, the move could also raise questions about Apple’s long-term commitment to premium materials in its top-tier devices. “If true, this is a curious decision,” one supply chain analyst told Vietnam Insider. “Titanium was a strong brand differentiator. Shifting to aluminum might signal cost pressure, a new engineering direction, or simply a response to user feedback regarding weight and comfort.”

Apple has yet to confirm any of the reported changes. However, the flurry of early leaks—particularly those from sources with a credible track record—suggests that the iPhone 17 Pro series could mark a design inflection point for the brand. Whether this represents a one-off adjustment or the beginning of a broader materials strategy remains to be seen.

As anticipation builds ahead of Apple’s fall event in 2025, investors and tech observers alike will be watching closely. Any changes in design philosophy, particularly in a mature product line like the iPhone, can have ripple effects throughout Apple’s ecosystem—from manufacturing partners to accessories markets and resale value.

Vietnam Insider will continue to monitor developments as more information emerges.

China Issues Stern Warning to US Over Looming Tariff Reinstatement

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Despite a framework trade agreement reached in June aimed at de-escalating tensions between Washington and Beijing, significant details remain unresolved.

This fragile truce now faces renewed jeopardy as China issues a direct warning to the Trump administration against re-igniting trade hostilities through a potential reinstatement of tariffs.

On July 8, China publicly cautioned the US against reigniting trade tensions, specifically in response to the possibility of Washington reinstating a range of tariffs on Chinese goods next month. This warning comes after President Trump initiated notifications on July 7 to various trading partners regarding increased import tariffs, effective August 1. Earlier, in April, Trump had largely suspended higher tariff rates, retaining only a 10% levy to create an environment for negotiations with the US.

For China, which had previously been subject to tariffs exceeding 100% on certain goods, a critical deadline of August 12 looms. Beijing must reach an agreement with the White House by this date to avert the re-imposition of import restrictions that were first implemented during the trade confrontations in April and May.

Reflecting Beijing’s official stance, an editorial published by the People’s Daily, the official newspaper of the Communist Party of China, on July 8 unequivocally stated: “From the current situation, a clear conclusion can be drawn: dialogue and cooperation are the only correct path.”

This strong statement highlights the persistent threat of a renewed tariff war, especially if President Trump continues his “deadline” approach, as characterized by Chinese media.

The potential re-escalation of tariffs between the world’s two largest economies carries significant implications for global trade and, by extension, for economies like Vietnam. As a key manufacturing hub and a nation deeply integrated into global supply chains, Vietnam is particularly vulnerable to disruptions caused by major trade conflicts. A renewed US-China tariff war could lead to shifts in production, increased supply chain costs, and uncertainty for businesses operating in or trading with the region. Investors and businesses with interests in Vietnam will be closely monitoring these developments, as they directly impact market stability and export dynamics.

According to data from the Peterson Institute for International Economics, the average tariff rate currently applied by the United States on Chinese exports stands at 51.1%, while China imposes an average tariff of 32.6% on US goods. Notably, both nations have applied tariffs to nearly the entirety of their bilateral trade. These figures underscore the extensive reach and economic impact of the existing trade measures, and the potential for even greater disruption if further tariffs are imposed. Analysts suggest that continued trade friction could compel companies to further diversify supply chains away from China, potentially benefiting countries like Vietnam, but also bringing their own set of challenges.

The coming weeks will be critical as the August 12 deadline approaches for China to reach an agreement with the US. The trajectory of US-China trade relations will continue to be a dominant factor shaping global economic sentiment. For Vietnam, maintaining its strategic positioning amidst these trade currents will be paramount, requiring agile policy responses and continued efforts to attract diversified investment. The international business community will be watching closely to see if dialogue prevails or if a new chapter of trade confrontation unfolds.

VinFast Accelerates India Market Entry with Strategic Partnership for EV Infrastructure

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VinFast, the prominent Vietnamese electric vehicle (EV) manufacturer, has signed a strategic cooperation agreement with India’s RoadGrid. This partnership, formalized on July 8, aims to bolster service capabilities and enhance customer experience in preparation for VinFast’s expansion into India’s rapidly growing EV market.

The move underscores VinFast’s commitment to establishing a robust presence in one of the world’s most promising automotive sectors.

In its commitment to elevating customer experience, VinFast is actively collaborating with potential partners to establish a network of affiliated service workshops, thereby expanding its aftermarket service footprint across India. This extensive network is crucial for supporting the anticipated launch of VinFast’s products in the Indian market.

The collaboration with RoadGrid, a leading entity in India’s EV ecosystem, is a pivotal component of VinFast’s strategy to ensure accessible, reliable, and convenient product and service access for customers nationwide. RoadGrid’s expertise in developing scalable and intelligent EV ecosystems, with a presence in numerous major cities, will be instrumental in supporting the broader expansion of the EV infrastructure. The company’s integrated approach combines modern charging infrastructure with comprehensive service solutions, catering to both individual users and commercial fleet operators, promising a swift and seamless experience.

This strategic alliance carries significant implications for both VinFast’s market entry and the broader Indian EV landscape. For VinFast, securing a robust charging and service network pre-launch is vital for building customer confidence and mitigating common EV adoption barriers. This proactive approach aims to position VinFast as a reliable and customer-centric brand in a competitive market. For India, the partnership signifies further investment and development in its burgeoning EV infrastructure, which is essential for achieving its ambitious e-mobility goals. The collaboration is poised to accelerate the transition to electric vehicles by providing more comprehensive and accessible charging and maintenance solutions.

Pham Sanh Chau, CEO of VinFast Asia, emphasized the company’s vision to build a comprehensive EV ecosystem in India, with quality, convenience, and long-term support at its core. He stated that the partnership with RoadGrid is a strategic step to ensure all VinFast customers in India have access to reliable charging services and timely support, aiming to provide an easy and worry-free EV ownership experience.

Deepesh Shrinath, CEO of RoadGrid, echoed this sentiment, highlighting that VinFast’s entry marks a turning point in the Indian EV market. He expressed pride in partnering with VinFast to redefine the EV ownership experience through intelligent infrastructure, real-time connected services, and a robust aftermarket system. These statements underscore a shared commitment to innovation and customer satisfaction, crucial elements for success in the rapidly evolving EV sector.

With a shared vision for a greener mobility future, VinFast and RoadGrid will collaboratively provide proactive service support to customers, ensuring optimal operation of the VinFast EV ecosystem. This integrated approach will deliver a seamless user experience through features such as real-time charging station search, intelligent diagnostics, and comprehensive support services. The strategic partnership is expected to accelerate VinFast’s market penetration in India and contribute significantly to the growth and maturity of the country’s EV infrastructure. As India continues its push towards sustainable transportation, collaborations of this nature will be instrumental in driving widespread EV adoption and fostering a more environmentally conscious future.