South Korea’s SK Group Eyes $10 Billion LNG Power Projects in Vietnam

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Vietnam Insider – South Korea’s SK Group, one of Asia’s largest conglomerates, is planning a significant expansion of its energy portfolio in Vietnam, with three major liquefied natural gas (LNG)-fueled power projects under consideration as part of the country’s green growth strategy.

Chairman Tae-Won Chey announced the initiative during a meeting with Vietnam’s Deputy Prime Minister Nguyen Chi Dung, emphasizing SK Group’s long-term commitment to the Vietnamese market. The projects include proposed LNG power plants in the central provinces of Ninh Thuan, Nghe An, and Thanh Hoa.

In Ninh Thuan’s Ca Na commune, SK Group has proposed a large-scale $4 billion investment to develop a 3 GW LNG power plant along with a 270,000 m³ LNG storage facility. Originally, the group had planned a 1.5 GW plant and offshore storage, but now seeks to move the LNG terminal onshore and double the plant’s capacity. The project is expected to be approved by September 2025 and operational by 2030.

In Nghe An, SK has shown interest in the $2.1 billion Quynh Lap LNG power project in Hoang Mai township. Meanwhile, in Thanh Hoa, the group is conducting feasibility studies for another LNG plant as it builds a strategic energy footprint in central Vietnam.

“Vietnam considers SK Group a key strategic partner,” said Deputy PM Dung, adding that the government has already taken steps to address regulatory hurdles, particularly for the projects in Nghe An and Thanh Hoa.

Related: How to setup a foreign invested company in Vietnam

SK Group, which spans industries from energy and chemicals to semiconductors and IT, has invested around $3.5 billion in Vietnam to date. In 2023, rumors surfaced that SK might withdraw from the country following a divestment move. However, the group firmly reiterated its intention to make Vietnam its “business hub in Southeast Asia.”

Beyond energy, SK is also contributing to Vietnam’s human capital development, particularly in training semiconductor engineers and introducing innovative technology solutions. Deputy PM Dung called on the group to deepen its collaboration in these areas, further aligning with Vietnam’s innovation and sustainability goals.

With a global market capitalization of nearly $200 billion and annual revenues exceeding $150 billion, SK Group’s continued investment signals robust confidence in Vietnam’s long-term growth prospects, especially in clean energy and industrial development.

Vietnam Seizes Thousands of Fake Rolex, Prada Goods in Major Counterfeit Crackdown

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Vietnam Insider – Vietnamese authorities have confiscated thousands of counterfeit luxury goods—including imitation Rolex watches and Prada handbags—during a major raid at Saigon Square Shopping Mall in downtown Ho Chi Minh City, state media reported on Friday.

The raid is part of a broader national crackdown on counterfeit merchandise and digital piracy following increased pressure from the United States, which has listed Vietnam as a key hub for such illegal activity. In January, the U.S. Trade Representative named Saigon Square among the world’s “notorious markets for counterfeiting.”

According to state broadcaster Voice of Vietnam (VOV), the seized items include alleged fake products mimicking high-end brands such as Longines, Gucci, Louis Vuitton, Dior, and Hermès.

“All of these products show signs of counterfeiting genuine goods, seriously affecting the interests of consumers as well as the reputation of protected brands in Vietnam,” the Ministry of Industry and Trade’s Market Surveillance Department said in a statement quoted by VOV.

An employee at the shopping mall confirmed the enforcement action, telling reporters by phone: “We lease the space to the sellers and are not aware of the origins and authenticity of the products they sell.” The employee declined to be named.

Earlier this month, Reuters reported that fake luxury goods remained on open display at Saigon Square, despite warnings and increased scrutiny.

Vietnamese authorities have vowed to tighten enforcement against counterfeiting activities as part of efforts to improve the country’s global trade reputation and protect intellectual property rights.

Foreign Man Found Dead in Hotel Room in Vietnam’s Central Highlands

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Vietnam Insider – Authorities in Vietnam’s Central Highlands are investigating the death of a South African man who was found deceased in a hotel room in Gia Lai Province.

The victim, identified as P.K.K., 50, reportedly checked into a hotel in An Phu Ward, An Khe Town, around midday on May 24.

According to hotel staff, he was assigned a room on the third floor. However, concern grew when he did not leave his room or respond to repeated knocks for two consecutive days.

On May 26, the hotel owner, L.C.Q., was alerted by staff and personally went to check the situation. A foul odor emanating from the room prompted him to immediately contact local authorities.

Police arrived on the scene shortly afterward. Upon entering the room, they discovered K.’s body lying unclothed at the foot of the bed. He was confirmed dead at the scene.

An initial investigation and autopsy were conducted on-site. The case has since been transferred to the Gia Lai Department of Public Security for further examination and to determine the cause of death.

Further updates will be provided as the investigation progresses.

Hanoi Named Among World’s 15 Most Popular Cities for Tourists in 2025

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Vietnam Insider – Vietnam’s capital city has earned a spot among the world’s 15 most popular tourist destinations, according to a new global ranking based on travel search trends. The data, compiled by U.K.-based travel insurance firm InsureandGo, reflects year-on-year analysis of Google searches for flights, hotels, and travel itineraries.

The list, which includes international hotspots such as Tokyo, Rio de Janeiro, and Lucerne, highlights a growing global interest in cities that offer rich cultural immersion, and Hanoi stands out as a prime example.

A Resurgence of Cultural Curiosity

Hanoi’s inclusion in the top 15 represents a shift in global travel preferences away from overcrowded tourism hubs and toward destinations that provide authentic, meaningful experiences. Known for its deep-rooted history, vibrant street life, and a fusion of ancient and colonial architecture, Hanoi continues to captivate the imagination of global travelers.

Among the city’s most iconic landmarks are the Imperial Citadel of Thang Long, a UNESCO World Heritage site; the Temple of Literature, Vietnam’s first national university; and the Old Quarter, where narrow streets bustle with energy and tradition.

World-Class Cuisine Drawing Food Lovers

In addition to its historical charm, Hanoi’s culinary scene is a major draw. Visitors from around the world seek out signature dishes such as pho, the iconic noodle soup; bun cha, grilled pork served with vermicelli; cha ca La Vong, turmeric-marinated catfish fried with dill; and Thanh Tri steamed rice rolls. These local specialties have earned praise from global food critics and featured prominently in international travel and lifestyle media.

A food vendor walks past the Temple of Literature in Hanoi. (Nhac Nguyen/AFP/Getty Images)

Global Recognition Alongside Elite Company

Hanoi joins a distinguished group of trending destinations including Tokyo (Japan), Seville (Spain), Chicago (U.S.), Chiang Mai (Thailand), Jakarta (Indonesia), and Tbilisi (Georgia)—each representing a growing traveler preference for destinations rich in culture, local flavor, and distinctive heritage.

Conversely, the study also noted a decline in tourist interest in once-popular cities such as Havana (Cuba), Miami (U.S.), Las Vegas (U.S.), London (U.K.), and Singapore, suggesting a broader shift in travel behavior.

A Rising Star in Global Tourism

Experts point to Hanoi’s balanced appeal—historic depth, gastronomic richness, and vibrant local character—as key reasons for its rising profile. Its affordability and increasing international air connectivity further enhance its attractiveness as a global travel hotspot.

As the travel industry rebounds in 2025, Hanoi’s position among the top 15 most sought-after cities underscores Vietnam’s growing stature on the world tourism map and signals a new era of international interest in culturally authentic destinations.

Vietnam to Ease Citizenship Rules for Foreign Investors, Experts, and Overseas Vietnamese

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In a significant move to attract global talent and reconnect with overseas communities, Vietnam is drafting a groundbreaking law that would allow foreigners—particularly investors, scientists, and experts—to obtain Vietnamese citizenship without the traditional residency requirements.

The proposed legislation, currently under review by the National Assembly, aims to simplify naturalization procedures and offer more inclusive pathways to Vietnamese nationality for those who have made meaningful contributions to the country’s development or defense.

No Residency or Language Requirement for Contributors

Under the new draft, eligible foreign nationals would no longer be required to demonstrate Vietnamese language proficiency, reside continuously in Vietnam for five years, or prove financial self-sufficiency. These exemptions are intended to make it easier for individuals with “special contributions”—whether economic, scientific, cultural, or national security-related—to become Vietnamese citizens.

Minors who have Vietnamese ancestry or who acquire nationality through a parent would also benefit from simplified procedures, including the ability to apply via Vietnamese embassies and consulates abroad.

Embracing Dual Citizenship with Safeguards

Another notable change is the potential for qualified foreign applicants to retain their original nationality, if their home country’s laws allow it. Dual citizenship may be granted so long as it does not threaten Vietnam’s national interests, offering greater flexibility for Vietnamese descendants and global professionals.

In addition, the draft law proposes lifting existing limitations on those seeking to regain Vietnamese citizenship. This could benefit many overseas Vietnamese who lost their nationality due to various circumstances and are now looking to reconnect with their roots or contribute to Vietnam’s future.

A Strategic Shift Aligned with National Goals

According to lawmakers, this progressive reform reflects Vietnam’s broader vision to support the global Vietnamese diaspora, encourage returnees, and welcome foreign talent to invest in innovation, business, and digital transformation.

“The revised law is designed to meet the realities of globalization and national development,” said a representative from the drafting committee. “We are creating favorable conditions for those who love Vietnam and want to be part of its future.”

Single Citizenship Requirement for Key Public Positions

While the new draft opens doors for foreign applicants, it also introduces stricter rules for individuals holding sensitive government, military, and public-sector roles—requiring them to hold only Vietnamese citizenship. Exceptions may still be granted in cases that serve the national interest.

The National Assembly is expected to deliberate the draft law on May 29 and vote on it during the June 23 session.

Manhunt Underway for Knife-Wielding Bank Robber in Quang Ninh

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Quang Ninh, Vietnam — Authorities in Quang Ninh Province have launched a manhunt for a suspect involved in a broad daylight armed bank robbery at a branch in Yen Thanh Ward, Uong Bi City, according to Dan Tri newspaper.

Robbery in the Afternoon

At approximately 4:50 PM on May 29, a man entered a local bank transaction office in Yen Thanh and threatened staff with a fruit knife. He forced employees to hand over the cash placed on the counter, then fled the scene quickly.

Caught on Camera

Surveillance footage captured clear images of the suspect. He is described as approximately 1.7 meters tall, wearing a blue long-sleeved outfit resembling a worker’s uniform, a white baseball cap with a black visor and a rectangular black logo, white sneakers, and carrying a red-and-black backpack.

The suspect fled the scene on a red-and-black Yamaha Sirius motorbike with alloy wheels and no license plate.

Public Asked to Assist

Quang Ninh Provincial Police are urging the public to assist in locating the suspect. Anyone with relevant information or who spots an individual matching the description is encouraged to contact Senior Lieutenant Colonel Nguyen Trong Hung, Head of the Criminal Investigation Division, at 0902 234 668.

The case remains under active investigation.

Switzerland Commits $50 Million to Support Vietnam’s Sustainable Development Goals

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Hanoi, May 29 — In a powerful reaffirmation of its long-standing support for Vietnam, Switzerland has pledged $50 million in development funding for the 2025–2028 period, with a strong focus on innovation, green growth, and sustainable development.

This announcement was made during the conference “Vietnam – Switzerland Development Cooperation: 35 Years and Beyond,” hosted by the Swiss Embassy in Hanoi. The event marked an important milestone in bilateral relations, celebrating 35 years of cooperation while launching a new chapter of strategic partnership.

A Legacy of Support, A Future of Innovation

Speaking at the event, Swiss Ambassador to Vietnam, Thomas Gass, highlighted Switzerland’s enduring commitment to Vietnam’s development. Over the past three decades, Switzerland has provided more than 650 million CHF (approx. USD 800 million) in Official Development Assistance (ODA), contributing significantly to Vietnam’s socio-economic progress.

The most recent cooperation program (2021–2024) has already delivered tangible results—strengthening public governance, improving the investment climate, advancing renewable energy and sustainable agriculture, and supporting environmental protection across key economic zones.

In early 2025, during the World Economic Forum in Davos, Vietnam and Switzerland elevated their relationship to a “Comprehensive Partnership”—a historic move signaling deeper collaboration across strategic sectors as Vietnam enters a new phase of development.

A $50 Million Commitment for 2025–2028

Building on this foundation, the Swiss government will allocate $50 million through the Swiss State Secretariat for Economic Affairs (SECO) to fund its 2025–2028 development cooperation program in Vietnam. The program is strategically aligned with Vietnam’s ambition to become a high-income country by 2045 and achieve net-zero emissions by 2050.

According to Ambassador Gass, “This new program builds on Swiss expertise and demonstrates our strong commitment to standing alongside Vietnam on its journey to sustainable prosperity.”

Focus Areas of Swiss Support

Under the 2025–2028 program, Switzerland will prioritize three key areas:

  1. Promoting Sustainable Trade and Innovation
    Enhancing the competitiveness of Vietnamese enterprises by fostering clean technology, environmentally responsible production, and innovation-driven growth.
  2. Strengthening Public Finance and Mobilizing Green Capital
    Improving public financial management and expanding green finance instruments, while encouraging private sector involvement in sustainable development.
  3. Developing Smart Industrial and Urban Models
    Supporting the creation of climate-resilient, smart cities and industrial zones that improve quality of life and drive sustainable economic expansion.

A Joint Vision for the Future

Deputy Minister of Finance Cao Anh Tuan praised the deep and effective cooperation between the Vietnamese Ministry of Finance and SECO, emphasizing a shared commitment to ensuring that the 2025–2028 program is implemented transparently, efficiently, and in alignment with international standards.

He also called for continued integration of global best practices in financial governance and sustainability, while expanding collaboration into emerging areas such as green finance, digital transformation, and fiscal resilience.

As Vietnam accelerates its sustainable development journey, Switzerland’s renewed commitment stands as a powerful example of international solidarity—and a blueprint for future-forward partnerships.

Vietnam Cracks Down on Billion-Dollar Transnational Gambling Ring Powered by AI

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Thai Binh, Vietnam — In a groundbreaking operation, Thai Binh Provincial Police have dismantled a massive transnational gambling and money laundering ring that exploited artificial intelligence (AI) to bypass security systems and move illicit funds across borders.

As of May 30, 21 suspects have been arrested and formally charged with gambling and money laundering under Articles 321 and 324 of the Penal Code. The criminal case has been approved by the Thai Binh Provincial People’s Procuracy, signaling Vietnam’s growing crackdown on tech-enabled crime.

A High-Tech Crime Syndicate

This criminal network—believed to be the first of its kind in Vietnam—used sophisticated AI technologies to facilitate large-scale gambling and launder money through a maze of digital transactions.

Authorities revealed that the syndicate operated the gambling platform “KUBET”, which is hosted on servers overseas. The website offered illegal betting services, including lotteries, football matches, and casino-style games. Vietnamese users accessed the platform via mobile phones, created gambling accounts, and linked them to domestic bank accounts to deposit and withdraw funds.

By the time authorities swooped in, over one million gambling accounts had been identified, with total wagers exceeding 1,000 billion VND (approximately USD 40 million).

AI-Fueled Money Laundering

The investigation uncovered an elaborate scheme run by a Taiwanese ringleader in collusion with accomplices inside Vietnam. To mask the money trail, the group hired individuals to open local bank accounts, which were then used to receive deposits from gamblers.

Here’s where the tech twist comes in: for large transfers (10 million VND or more), Vietnamese banking apps require biometric face authentication. The syndicate used AI-generated deepfake videos of account holders’ faces to fool the system and authorize transactions without the user’s physical presence—an alarming development for the country’s financial security infrastructure.

Massive Financial Trail

Authorities have already frozen more than 500 bank accounts, and estimate the group laundered over 200 billion VND (USD 8 million) each month. Between September 2024 and April 2025 alone, illicit transactions are believed to have totaled more than 1,000 billion VND.

The Provincial Police are now working closely with the Provincial People’s Procuracy to expand the investigation, gather more evidence, and bring the full force of the law down on all involved.

Vietnam Insider will continue to monitor this story as it unfolds, especially as it highlights a worrying new trend: the fusion of AI and organized crime. Stay tuned for updates.

Foreign Tourist Robbed in Vietnam’s Hoi An, Suspect Arrested After Swift Police Action

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Hoi An, Vietnam – A 23-year-old man has been arrested in Quang Nam Province for allegedly snatching a handbag from a New Zealand tourist in Hoi An, one of Vietnam’s most popular heritage destinations.

The incident occurred on the morning of May 19, when the tourist, a 59-year-old woman identified as S.D.D., was cycling along Lac Long Quan Street. The suspect, Le Dai Rin, approached her from behind on a motorbike and grabbed the handbag from the front basket of her bicycle before speeding off.

The stolen bag contained a mobile phone, about VND3 million (roughly US$116), identification documents, and other personal items.

The victim quickly alerted local authorities. Hoi A police launched an immediate investigation, reviewing surveillance footage and coordinating search efforts.

Just three days later, on May 22, police identified a man matching the suspect’s description riding a similar motorcycle. After stopping him for questioning, Rin confessed to the crime. A subsequent search of his residence uncovered the stolen handbag and the victim’s belongings.

Authorities also revealed that Rin has a previous conviction for similar theft.

The case has drawn attention in Hoi An, a UNESCO-listed city known for its historic charm and growing popularity among international travelers. Local officials emphasized their commitment to ensuring tourist safety and swiftly addressing criminal activity.

Vietnam Faces Critical Teacher Shortage as Full-Day Schooling Policy Nears

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Vietnam is facing a nationwide teacher shortage crisis, with nearly 120,000 teaching positions still unfilled, as the country prepares for a major policy shift mandating full-day classes for all elementary and middle school students starting from the 2025–26 academic year.

Despite the government approving over 66,000 public teaching positions in the past three years, fewer than 6,000 have been filled, according to the Ministry of Education and Training. The gap has prompted Prime Minister Pham Minh Chinh to order an urgent review and acceleration of recruitment efforts.

In a directive issued this month, the Prime Minister instructed the Ministry of Education and Training and the Ministry of Home Affairs to oversee teacher recruitment, ensure the full utilization of staff quotas, and propose additional hiring measures if necessary.

Shortages Most Severe in Remote and Mountainous Areas

The crisis is most acute in remote and mountainous regions, where low salaries, poor infrastructure, and a lack of qualified candidates continue to deter applicants.

In Ha Giang Province, for example, Meo Vac District has just five English teachers for over 8,400 elementary students—an improvement from just one for 2,500 three years ago, but still critically insufficient. The province reports a shortfall of nearly 3,000 teachers.

“We have no local talent pool,” said Bui Quang Tri, Director of Ha Giang’s Department of Education. “The admission scores for teacher colleges are too high for students from disadvantaged regions. Even government-sponsored trainees have sometimes failed their job entry exams intentionally to avoid repaying tuition subsidies.”

Many localities rely on volunteers or private partnerships to fill the gap—solutions that are unsustainable and insufficient as demand grows.

Impact of New Curriculum and Policy Mandates

The teacher shortage has worsened since the implementation of Vietnam’s 2018 national curriculum, which introduced English, arts, and IT as mandatory subjects from earlier grade levels. This has stretched existing staff and increased the need for specialized educators.

Middle schools are feeling the brunt of the impact, according to the education ministry.

Compounding the challenge is the impending rollout of free, full-day schooling nationwide—an initiative expected to improve educational outcomes but which requires a significant increase in staff and facilities.

Bureaucratic Bottlenecks and Budget Constraints

Nationwide, about 60,000 approved teaching posts remain unfilled due to administrative delays and inconsistent local hiring practices. Some provinces have held back recruitment to meet civil service downsizing targets or amid school restructuring efforts.

“Some places have the budgeted positions but do not hire. Others simply cannot find qualified applicants,” said Vu Minh Duc, Director of the Education Ministry’s Teacher Management Department.

To address the issue, education officials and lawmakers have proposed various reforms:

  • Improved salary and benefits, especially for teachers in rural areas.
    Housing assistance to attract teachers to remote locations.
    Government-funded training programs with guaranteed job placement.
    Multi-school deployment models to maximize teaching resources.
Local Initiatives and Urgent Campaigns

In Ho Chi Minh City, authorities plan to decentralize hiring decisions to individual schools and prioritize top-performing graduates, particularly in high-demand subjects like music, English, and IT.

Meanwhile, in the Central Highlands province of Dak Lak, local officials are working urgently to hire 1,297 teachers before July 1. The province currently has over 505,000 students and is short nearly 1,200 teachers.

In Long An Province, preparations are underway to implement full-day schooling, but staffing and infrastructure remain inadequate. “We’re ready to implement the policy,” said Phan Thi Da Thao, Deputy Head of the provincial education department. “But we need clear guidance and more resources.”

A Call to Action

The education ministry has acknowledged that solving the shortage will require a comprehensive, nationwide effort that balances policy reform, financial incentives, and tailored local solutions.

With the 2025–26 school year fast approaching, the government faces growing pressure to act decisively—both to support the future of Vietnam’s students and to maintain public confidence in its education system.

For updates on this developing story and other education reforms, stay tuned to Vietnam Insider.

Foreign Tourism Giant Eyes Bigger Footprint in Vietnam as Sector Accelerates

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(Vietnam Insider) – Trip.com Group, the largest online travel agency (OTA) in China and the third largest globally, is doubling down on its investments in Vietnam, signaling strong confidence in the country’s rapidly growing tourism sector.

Speaking at the recent Envision 2025 event, Mr. Boon Sian Chai, Executive Vice President and CEO for International Markets at Trip.com Group, confirmed that Vietnam—alongside Indonesia and the Philippines—has been identified as a strategic priority for the next phase of the company’s global expansion.

“Vietnam is a key growth market,” Mr. Chai said. “We are currently expanding our local service supply and growing our on-the-ground team. After opening our first office in Hanoi last year, we are now considering a second office in Da Nang.”

Trip.com Group, listed on Nasdaq with a market capitalization of USD 43.33 billion as of May 28, is only behind Booking Holdings (USD 178.4 billion) and Airbnb (USD 79.66 billion) in the global OTA space. The company provides booking services for hotels, flights, tours, and attractions to customers worldwide—including Vietnam since before the COVID-19 pandemic.

Deepening Local Partnerships

In a notable move last July, Trip.com invested USD 10 million in M Village, a hotel chain founded by Nguyen Hai Ninh, former CEO of The Coffee House. The chain has since become “one of the top-performing hotel partners on our platform,” according to Mr. Chai.

Trip.com has also formed strategic partnerships with leading Vietnamese companies, including budget carrier Vietjet and hospitality giant Vinpearl. Earlier this year, at the World Economic Forum in Davos, Trip.com CEO Jane Sun met with Prime Minister Pham Minh Chinh to express interest in further investment and collaboration in Vietnam’s tourism industry.

Foreign tourists at Hanoi train street
Vietnam’s Tourism Boom

Vietnam’s post-pandemic tourism recovery has been impressive. According to the General Statistics Office, the country welcomed 7.67 million international visitors in the first four months of 2025—up 23.8% year-on-year. China remains the top source market, contributing 1.95 million visitors, or 25.4% of the total.

“From a destination perspective, we’re seeing almost triple-digit demand growth for Vietnam,” said Mr. Chai. He noted that travelers from South Korea, Russia, Taiwan, and China are the largest user base segments booking Vietnam through Trip.com.

The Vietnamese online travel market is also expanding rapidly, growing from USD 4 billion in 2023 to USD 5 billion in 2024, according to a joint report by Google, Temasek, and Bain & Company. The market is forecasted to reach USD 10 billion by the end of the decade. Separately, Mordor Intelligence estimates an average annual growth rate of 10% between 2025 and 2030, placing Vietnam among the top five fastest-growing online travel markets in Asia-Pacific.

Tailored Approach to a Unique Market

Despite the strong potential, Mr. Chai acknowledges that Vietnam presents unique challenges due to its market structure, demographics, language, and payment systems. While Trip.com is applying lessons from neighboring markets such as Thailand, Malaysia, and Singapore, a localized approach is essential.

“We remain committed to long-term investment in Vietnam—not just to attract more international visitors, but also to grow the domestic travel market and support outbound tourism from Vietnam,” he emphasized.

Trip.com Group currently operates in 39 global markets and reported revenues of RMB 53.29 billion (USD 7.5 billion) in 2024—up nearly 20% year-over-year—with EBITA exceeding RMB 13 billion (USD 1.82 billion). International business contributed 10% of total revenue last year, and CEO Jane Sun has set a goal of raising that figure to over 20% in the next 3–5 years.

Trump’s Student Visa Threat Alarms U.S. Universities as International Enrollment Faces New Uncertainty

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As President Donald Trump signals a possible move to terminate student visa programs if re-elected, concerns are growing across U.S. universities that such a decision could significantly disrupt the country’s higher education system — and its multibillion-dollar international student economy.

New data from the IIE Open Doors Report, visualized by Statista, shows that international students continue to play a vital role in U.S. higher education, with India, China, and South Korea among the largest contributors. In the 2023/24 academic year, the U.S. hosted:

  • 331,602 students from India (+23.3%)
  • 277,398 students from China (-4.2%)
  • 43,149 students from South Korea (-1.6%)
  • Along with notable representation from Canada, Taiwan, Vietnam, Nigeria, and Bangladesh

Among these, Vietnam ranks 6th, with 22,066 students, showing a modest but steady growth of +0.8% over the previous year.

Where America’s International
Students Come From
The Economic Engine of International Students

International students contribute over $40 billion annually to the U.S. economy, supporting jobs and boosting local communities. They also enhance academic diversity, power research labs, and form long-term global ties. Restricting student visas, many educators warn, would not only damage American higher education but also accelerate the global brain drain away from the U.S.

“We risk losing a generation of bright minds to countries like Canada, the UK, and Australia if we turn our backs on them now,” one university president warned.

Why Vietnam Matters

Vietnam’s consistent presence among the top 10 countries of origin for international students reflects a rising middle class, strong academic ambition, and a deep cultural emphasis on education. U.S. institutions have increasingly built partnerships and recruitment pipelines in Vietnam, especially in fields like engineering, data science, and public policy.

Furthermore, Vietnam is rapidly becoming a magnet for high-tech investment, thanks to its smart industrial zone development and workforce upskilling efforts. As the country embraces innovation and digital infrastructure, its youth are positioning themselves to lead in global industries — and many acquire the skills to do so in American universities.

A Global Talent Race — and America Risks Falling Behind

Countries like Canada, Australia, Germany, and Singapore have expanded scholarship programs, streamlined visa pathways, and introduced post-study work opportunities to attract global talent. Any rollback in U.S. visa policy could drive Vietnamese and other students to alternative study destinations, eroding U.S. competitiveness in the knowledge economy.

Given that over 60% of FDI in Vietnam now flows into smart industrial zones where highly skilled labor is essential, international education is no longer optional — it’s a strategic necessity for countries preparing their future leaders. Vietnam’s integration of education, innovation, and FDI growth could make it less reliant on U.S. institutions if the latter become less accessible.

Trump’s proposal to eliminate student visas raises alarm bells not only for America’s universities but also for its long-standing influence as a global education leader. For countries like Vietnam, whose students continue to seek world-class training abroad, the shift may accelerate the diversification of study destinations. In today’s competitive world, where education is tied directly to innovation and national progress, the U.S. may soon find itself on the sidelines of the global talent race — by its own design.

Foreign Investors Increasingly Favor Smart Industrial Zones in Vietnam

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As Vietnam emerges as a top destination for foreign direct investment (FDI), a growing number of international manufacturers are shifting their attention to smart industrial zones — high-tech, sustainable ecosystems equipped to meet the evolving demands of global supply chains.

According to the Vietnam Industrial Real Estate Association (VIREA), over 60% of foreign-invested enterprises in Vietnam now prefer industrial zones that incorporate digital infrastructure, automation, and real-time data systems. This trend marks a shift in investor priorities — from merely considering location and cost to demanding technological integration and sustainability.

Related: Here’s how to setup a factory in Vietnam as foreign investor
Smart Zones: The Future of Manufacturing in Vietnam

Speaking at the Vietnam Industrial Zone Development Forum in Hanoi, Mr. Nguyễn Văn Tiến, Vice Chairman of VIREA, emphasized that smart industrial parks are no longer a niche concept. Instead, they are rapidly becoming the new standard. These zones deploy cutting-edge technologies like Artificial Intelligence (AI), the Internet of Things (IoT), big data, and automated systems to streamline operations, reduce costs, and minimize environmental impact.

“These zones offer a connected ecosystem where companies can enhance product quality, reduce emissions, and build resilient supply chains,” Tiến said.

Three key drivers are fueling the transition from traditional to smart zones:

  • Accelerated digital transformation and Industry 4.0
  • Increasing pressure from global investors
  • The need to stay competitive in global supply chains
High-Tech and Eco-Friendly Investments on the Rise

FDI into Vietnam continues to surge. In the first four months of 2025 alone, the country attracted USD 13.8 billion in registered FDI, a nearly 40% increase year-on-year. Of that, manufacturing and processing accounted for USD 3.4 billion, underscoring Vietnam’s continued appeal as a production hub.

According to Mr. Phạm Thanh Bình, Director of the Northern Investment Promotion and Support Center, foreign investors are increasingly drawn to industries that are high-tech and environmentally conscious. These investors are no longer satisfied with just low labor costs — they demand smart infrastructure, low-emission commitments, and a digitally capable workforce.

“To attract high-quality FDI, Vietnam must focus on integrated smart industrial zones that can meet both technological and environmental expectations,” Bình said.

Challenges in Transitioning to Smart Zones

Despite the strong momentum, challenges persist. Many industrial zones in Vietnam still lack adequate infrastructure, including housing for workers, green logistics, and standardized environmental systems. Over 50% of existing zones remain in the land clearance phase or underutilized due to delays and inefficiencies.

Additionally, Vietnam continues to attract FDI primarily in labor-intensive sectors with limited technological spillover. The country faces a growing shortage of skilled labor, especially in areas like automation engineering and modern production management.

The Call for Interdisciplinary Planning and Incentives

To overcome these obstacles, experts are calling for integrated planning that links industrial zones with urban areas, ports, highways, innovation hubs, and logistics centers. This approach, they argue, requires multi-sectoral coordination and collaboration across provincial boundaries.

Bình proposed the development of clear criteria for licensing and operating smart and eco-industrial zones, as well as tax and credit incentives for projects that adopt circular economy models — including waste recycling, water reuse, and renewable energy.

A Golden Window of Opportunity

Ms. Nguyễn Thi Dung, Vice Chair of VIREA, emphasized that 2025–2030 represents a “golden window” for infrastructure investors. Industrial land demand is expected to soar, with 221 newly planned zones, 74 expansion projects, and 23 zoning adjustments already on the books in addition to the 435 operational zones nationwide.

“Tomorrow’s industrial parks must be more than places to build factories — they must become integrated ecosystems powered by technology, innovation, and sustainability,” she said. “This is how Vietnam can not only compete but lead in the global FDI race.”
Conclusion

As global manufacturers look for smarter, greener, and more efficient production bases, Vietnam’s push toward smart industrial zones offers a promising path forward. By investing in digital infrastructure, fostering innovation, and embracing sustainability, the country is well-positioned to attract high-quality FDI and secure its place as a leader in the next generation of global manufacturing.

Vietnam Introduces Intellectual Property Education for Schoolchildren to Fuel Innovation-Driven Growth

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In a move that reflects Vietnam’s forward-looking strategy for sustainable economic development, the country is introducing intellectual property (IP) education at the elementary and high school levels — a bold initiative aimed at nurturing a new generation of innovators and entrepreneurs.

At the Innovation and Intellectual Property Day held in Hanoi, Deputy Director General of the Intellectual Property Office of Vietnam, Mr. Trần Lê Hồng, emphasized that intellectual property is no longer an abstract or distant concept, but a practical tool — even for school-aged children — to turn their ideas into real-world innovations.

“IP empowers students to transform dreams into useful, creative outcomes. Their ideas can hold genuine potential for intellectual property protection,” Mr. Hồng said.

Turning Classrooms into Innovation Labs

The initiative is part of a broader educational reform inspired by models developed by the World Intellectual Property Organization (WIPO). The new curriculum is being adapted to the Vietnamese school context by Trường Thành Media and Smart School Corporation, covering both preschools and K–12 institutions.

Each lesson integrates real-world examples of innovation, ranging from successful inventions to applicable technologies already impacting daily life. These examples serve as launchpads for interactive learning activities, including games, animated videos, and hands-on challenges that teach students about the principles of invention, scientific thinking, and intellectual property in an engaging, age-appropriate way.

“The goal is for students to discover real-world problems, understand the scientific principles behind solutions, and gradually form an entrepreneurial mindset,” explained Mr. Trịnh Thành Trung, CEO of Smart School Corporation.

One standout feature of the curriculum is its storytelling approach. For instance, the theme “Silver Armor for Fruits” — based on Dr. Nguyễn Bình Phương’s nano-silver gel invention that extends the shelf life of agricultural produce — was presented to elementary students as an engaging entry point into the world of applied science and IP protection.

Real Innovations from Young Minds

Vietnamese students are already proving that youth is no barrier to innovation. Mr. Hồng cited several impressive inventions, including a fine dust filtration device using centrifugal technology developed by high schoolers in Nghe An, and bioplastic made from shrimp shells and agricultural waste by students in Nam Dinh. These achievements highlight the creative capacity of students when they are equipped with the right tools and encouragement.

According to Mr. Hồng, Vietnam’s school-based IP education initiative helps shift mindsets from viewing intellectual property as something reserved for universities and tech companies to recognizing it as a vital tool for every student. This aligns with broader global trends that integrate STEM and STEAM learning models to prepare youth for the digital and innovation economies.

Building Vietnam’s Innovation Economy from the Ground Up

By planting the seeds of innovation and IP literacy early, Vietnam is preparing its future workforce to thrive in a global knowledge economy. The Ministry of Science and Technology sees this as a long-term investment in national competitiveness — fostering creativity, protecting local ingenuity, and creating an environment where ideas can be transformed into tangible economic value.

“Intellectual property is gradually becoming part of the school culture. This not only equips students with valuable career skills but also sets a foundation for a vibrant, innovation-led economy,” Mr. Hồng concluded.

As Vietnam continues to rise as a regional manufacturing and tech powerhouse, this early IP education initiative marks a strategic step toward building an economy where ideas — not just labor — are the primary engine of growth.

Apple Praises Vietnamese Workers for Passion, Curiosity, and Drive to Innovate

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In a strong vote of confidence for Vietnam’s workforce, Apple has commended Vietnamese employees in its supply chain for their deep passion, eagerness to learn, and openness to innovation — qualities that continue to elevate the country’s role in Apple’s global operations.

At the announcement of Apple’s expanded skills development program in Vietnam, Sarah Chandler, Apple’s Vice President of Environment and Supply Chain Innovation, highlighted the outstanding work ethic of Vietnamese workers. “What truly impresses me is that people here are constantly innovating, passionate about what they do, and always hungry to learn,” she told Vietnam Insider.

This praise coincides with Apple’s latest commitment to workforce development in Vietnam. In 2025, the tech giant plans to nearly double its training programs, offering over 45 technical courses at major manufacturing sites across the country. These include smart manufacturing, automation, leadership development, and health education.

From Factory Floor to App Store

Chandler shared stories of workers who, after just a few months on the job, have moved from entry-level positions to line supervisors and even software developers. “Some have gone as far as creating apps and publishing them on the App Store after completing Apple-supported coding courses,” she added.

Unlike many corporate training programs, Apple’s initiatives go beyond basic vocational skills. Since 2017, Apple has delivered comprehensive education programs covering advanced technical training, leadership development, and personal wellness — equipping workers with the tools to grow both professionally and personally.

Transforming the Workforce from Within

The impact of these programs is visible. Trần Đình Hai, a production manager at a North Vietnam facility supplying Apple, was promoted to line leader just two months after joining. He credits monthly training sessions — covering work skills, soft skills, health, and mental well-being — for fast-tracking employee development. “Those with potential are quickly promoted through general management training,” Hai noted. After eight years with the company, he observed that most leadership roles are now held by Vietnamese.

Promoting Inclusive Hiring

Apple’s dedication to building an inclusive workforce has also encouraged its suppliers in Vietnam to expand hiring practices. The company recently ramped up its vocational education programs for people with disabilities, working alongside third-party organizations to guide inclusive recruitment and training strategies.

Lê Thị Trà, HR manager at Lens Vietnam, shared that while the company previously employed a few individuals with mild disabilities, it was only after Apple’s involvement that they realized the long-term potential of tapping into this labor pool. “Hiring people with disabilities is not only the right thing to do, but also a necessity, especially given the current labor shortage in Bac Giang,” she said.

Employees like Tiến Hưng and Thanh Thảo, both hearing-impaired, have recently joined Lens Vietnam and now work in quality control for Apple device screens. Their performance and compensation are on par with other employees in the same roles.

Vietnam’s Strategic Role in Apple’s Supply Chain

Lens Vietnam, based in Bac Giang, employs over 5,000 staff and supplies glass components for Apple and other global tech and automotive brands. Alongside Lens, Apple’s supply chain in Vietnam includes Foxconn, BYD, Goertek, Innovation, and Yuto — all of which are now implementing new training courses in automation and smart manufacturing.

According to Apple’s 2024 Supplier List, the number of Apple partners operating manufacturing facilities or offices in Vietnam grew from 27 to 35 between 2022 and 2023 — the highest in Southeast Asia and fourth globally.

Vietnamese workers are proving to be a critical asset in Apple’s global supply chain — not just for their technical abilities, but for their passion, adaptability, and drive to advance. As Apple deepens its investment in skills development and inclusive hiring, Vietnam’s position as a key hub for high-tech manufacturing and innovation continues to strengthen — powered by its people.

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