What’s in a Name? A Vietnamese Mother’s Struggle to Register Her Child’s Foreign Name Sparks Debate

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Imagine welcoming your newborn into the world, only to hit a roadblock when choosing their name.

That’s exactly what happened to T.N.T.T., a dual Vietnamese-foreign citizen living in Tan Phong Ward, District 7, Ho Chi Minh City. Her story, recently shared with Tuoi Tre (Youth) newspaper, has sparked curiosity and questions among foreign readers about Vietnam’s naming laws.

T., married to a foreign husband, gave birth earlier this month in District 7. Like many parents, she dreamed of giving her child a meaningful name: “Mia,” paired with her husband’s surname. “It’s simple to write in Vietnamese and carries a sweet meaning in other languages,” she explained. Before the birth, T. even checked with a local civil servant, who gave her the green light. But when she arrived to officially register the name, she faced an unexpected rejection.

The reason? According to the official, Vietnamese law requires children with Vietnamese nationality to have Vietnamese names. Since T. is a Vietnamese citizen and gave birth in Vietnam, her child automatically qualifies for Vietnamese citizenship—and with it, a Vietnamese name. “They told me the name must follow Vietnamese grammar rules,” T. said, frustrated by the sudden change.

A Clash of Cultures and Citizenship

So, what’s the rule when a child is born to a Vietnamese mother and a foreign father? The Ho Chi Minh City Department of Justice clarified: it depends on the child’s nationality. If both parents—T. and her husband—agree in writing that their child should have Vietnamese citizenship, the name must be Vietnamese. But if they choose the father’s foreign nationality instead, a foreign name like “Mia” is fair game.

The catch? Switching to foreign nationality isn’t as simple as ticking a box. The couple must submit a written agreement, contact the foreign consular office in Ho Chi Minh City to confirm the child’s citizenship, and then register the birth at the district-level People’s Committee. It’s a process that blends bureaucracy with identity—and it’s left T. weighing her options.

What Does the Law Say?

Lawyer Hua Thi Thao from the Ho Chi Minh City Bar Association broke it down further. Under Circular 04/2020, Vietnamese citizens must have names in Vietnamese or one of Vietnam’s ethnic languages—no English or foreign names allowed. “If T. and her husband want ‘Mia’ as the name, they’ll need to opt for foreign nationality,” Thao explained. “It’s a clear choice: Vietnamese nationality, Vietnamese name; foreign nationality, foreign name.”

A Global Question in a Local Context

For foreign readers, this might sound surprising—or even restrictive. In many countries, parents have free rein to pick names from any culture or language. But in Vietnam, names are more than personal choices; they’re tied to national identity. So, when can a child born in Vietnam have a foreign name? Only if the parents officially choose foreign citizenship over Vietnamese nationality.

T.’s story isn’t just about paperwork—it’s a glimpse into the crossroads of tradition, law, and modern multicultural families. What would you do in her shoes? Stick to a Vietnamese name to honor her roots, or fight for “Mia” and a piece of her husband’s heritage? Let us know your thoughts as this debate unfolds!

Vietnam Lifts Bank Ownership Cap – A New Opening for Foreign Investors

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Policy Shift: Foreign Stake Raised to 49%

Vietnam has raised the foreign ownership cap in certain private banks from 30% to 49%. This change, enacted via Decree 69/2025/ND-CP effective May 19, 2025, targets banks undergoing restructuring or mandatory transfers (such as MB Bank, HDBank, and VPBank). By allowing nearly half ownership, the government aims to attract more foreign direct investment (FDI) to bolster bank capital, improve governance, and introduce advanced technology in the sector. These banks have recently taken over weaker lenders as part of a broader industry cleanup, and the policy rewards them with greater access to international funding.

Stacks of Vietnam’s ₫500,000 banknotes symbolize the capital influx now possible as foreign investors can own up to 49% of local banks. This policy change is designed to inject substantial new funds into Vietnamese banks, strengthening their balance sheets for growth.

Growth Outlook: Robust Economy and Banking Sector

The timing of this liberalization aligns with Vietnam’s strong economic outlook. The World Bank projects Vietnam’s GDP to grow about 6.8% in 2025, signaling healthy economic momentum. Credit expansion is likewise upbeat – the State Bank of Vietnam targets roughly 16% credit growth in 2025 – which should fuel bank lending revenues. Vietnam’s banks are expected to remain highly profitable, with the sector trading around 1.1× book value and an 18% return on equity projected in 2025. For investors, these metrics indicate attractive valuations and the potential for strong returns as the banking industry expands alongside the economy.

Regional Context: Closing the Gap with Peers

By lifting the cap, Vietnam is catching up to regional peers in openness. Its previous 30% foreign ownership limit was low compared to other Southeast Asian markets. (For instance, Singapore and Malaysia permit up to 100% foreign ownership in banks, and Indonesia allows around 40%.) The new 49% threshold brings Vietnam’s policy more in line with the region, making its banking sector more competitive and accessible to global investors. Crucially, the additional foreign capital will help Vietnamese banks meet Basel III capital standards and adopt international best practices. Regulators expect that partnerships with foreign stakeholders will introduce global expertise, strengthen risk management, and accelerate digital transformation in banking. In short, Vietnam is signaling that its financial sector is “open for business” and committed to modernizing in step with global norms.

Investor Benefits: Influence and Long-Term Gains

For foreign investors, this policy shift opens the door to greater influence and participation in Vietnam’s high-growth banking market. Owning up to 49% of a local bank (versus the previous one-third limit) means a larger say in strategic decisions and corporate governance. Such significant stakes enable deeper partnerships – investors can collaborate on new products, technology upgrades, and management improvements, enhancing long-term value. Recent bank restructurings (e.g. VPBank’s acquisition of GPBank and HDBank’s takeover of DongA Bank) have cleaned up bad assets and paved the way for stronger performance. Now, fresh foreign capital and expertise can build on these improvements. Investors entering Vietnam’s banking sector gain exposure to a fast-growing economy, robust credit demand, and a banking industry with rising profitability. With improved transparency and digital innovation on the horizon, the potential for strong returns and dividends is compelling. Overall, Vietnam’s higher foreign ownership cap presents an exciting opportunity to invest in a reforming, expanding market poised for sustained growth.

World Population May Be Undercounted by Billions, New Study Reveals

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HANOI, Vietnam — A groundbreaking study published in the journal Nature Communications has uncovered a startling possibility: the global population may be undercounted by billions. The research suggests that widely accepted population figures, such as the United Nations’ current estimate of 8.2 billion people, could be missing vast numbers of individuals, particularly in rural and hard-to-reach areas.

The study, conducted by a team of international researchers, compared commonly used population datasets with resettlement data from rural development projects. What they found was alarming—discrepancies ranging from 53% to 84%. This means that in some regions, the actual number of people could be nearly double what official records indicate. The primary culprit? The challenges of conducting accurate censuses in remote, conflict-affected, or underdeveloped areas.
For Vietnam, a nation with a population officially pegged at over 100 million, these findings raise intriguing questions. While Vietnam has made significant strides in census-taking and population tracking, rural areas—such as the mountainous regions of the north or the Mekong Delta—remain challenging to survey comprehensively. Could Vietnam’s own numbers be underrepresenting its rural communities?

Why the Undercount Happens

The researchers point to a variety of factors contributing to this global undercount. In many parts of the world, rural populations live in isolated villages or nomadic communities, far from the reach of government census workers. Conflicts and political instability further complicate efforts, as do logistical hurdles like poor infrastructure and lack of technology. In some cases, entire communities may go unrecorded simply because they are too difficult to access.

“Population data is the backbone of policymaking, resource allocation, and development planning,” the study’s authors wrote. “If we’re missing billions of people, we’re making decisions based on an incomplete picture of reality.”

@ ANUSHREE FADNAVIS/REUTERS
A Wake-Up Call for the World

The United Nations currently projects that the world’s population will peak at over 10 billion by the mid-2080s. However, if the study’s findings hold true, we may already be closer to—or even beyond—that figure. This has profound implications for everything from food security and climate change strategies to healthcare and education planning.

In Southeast Asia, where population density is already a pressing issue, an undercount could mean governments are underestimating the strain on resources. Vietnam, for instance, has been working to balance urban growth with rural development. If its rural population is larger than reported, initiatives like poverty reduction and infrastructure investment might need a significant rethink.

A Call for Better Methods

The researchers are urging global leaders to overhaul how population data is collected. They advocate for the use of advanced technologies—such as satellite imagery, mobile data tracking, and AI-driven analysis—to supplement traditional census methods. These tools could help map out hidden populations in remote areas and provide a clearer picture of humanity’s true scale.

For Vietnam, adopting such innovations could strengthen its already robust statistical systems. The country has a history of leveraging technology for development, and this could be another opportunity to lead in the region.

What’s Next?

As the world grapples with this revelation, the study serves as a reminder of how much we still don’t know about our planet’s inhabitants. Are there billions more people out there, living beyond the reach of our records? If so, their inclusion in global data could reshape our understanding of humanity’s challenges and opportunities.

For now, the researchers’ call to action is clear: it’s time to count better, and count everyone. For Vietnam and the world, getting the numbers right isn’t just a matter of statistics—it’s a step toward a more equitable and informed future.

Vietnam Takes Bold Step Toward Regulating Digital Assets with New Pilot Program

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Aiming to become a regional hub while managing risks, the Vietnamese Ministry of Finance proposes a legal sandbox for digital asset trading and issuance.

Vietnam is gearing up to enter the digital asset game. In a move that could shape the future of its financial landscape, the Ministry of Finance has submitted a draft resolution to pilot the issuance and trading of digital assets — a strategic initiative that seeks to balance innovation with risk management.

Digital Gold Rush: Opportunity Meets Caution

The momentum behind this move is clear. Dr. Dang Minh Tuan, President of the Vietnam Blockchain Union, cited estimates showing that digital asset flows into Vietnam in 2023 reached between $105 billion and $120 billion, equivalent to a staggering 25% of the country’s GDP.

“Digital assets are a cornerstone of the digital economy,” said Dr. Tuan. “Vietnam has the potential to become a leading hub for digital asset development — not just in the region, but globally.”

But with opportunity comes caution. Dr. Tuan warns that digital assets are volatile by nature and often cross borders invisibly, creating regulatory blind spots that make them hard to control — especially when it comes to money laundering, anonymous transactions, and terrorism financing.

“Our legal system hasn’t yet caught up. This pilot will be launched without a tested regulatory framework or substantial management experience — and that’s where the real risk lies,” he added.

Laying the Groundwork for Regulation

To tackle these concerns head-on, Bui Hoang Hai, Vice Chairman of the State Securities Commission, shared that the Ministry has drafted a resolution designed to pilot the digital asset market in Vietnam. The focus? Building a smart legal environment that fuels innovation without compromising financial security.

The resolution calls for tight collaboration between the Ministry of Finance, the Ministry of Public Security, and the State Bank of Vietnam to manage emerging risks and ensure stability across Vietnam’s financial markets.

Taxation: A Work in Progress

When it comes to taxation, Vietnam already has a broad base — with VAT, Corporate Income Tax, and Personal Income Tax applicable to businesses and individuals alike. But digital assets still sit in a legal grey area.

Officials from the Department of Tax Policy and Management noted that until the law clearly defines what digital assets are and how they’re classified, enforcing tax obligations on these transactions remains challenging.

A clearer legal framework, they say, will pave the way for proper taxation and revenue management in this rapidly evolving space.

Pilot First, Scale Later

The Ministry of Finance believes that this pilot initiative will allow regulators to test the waters before diving in. The plan is to start small, with strict oversight, allowing the government to study the market, protect investors, and prevent illegal activities — all while nurturing innovation.

If successful, Vietnam could join the growing list of countries that are actively building legal frameworks for crypto and blockchain-based assets. The long-term vision? Supporting capital mobilization, enabling digital business growth, and contributing to Vietnam’s broader digital transformation.

In a rapidly digitizing world, Vietnam’s cautious yet progressive approach to digital asset regulation may just be the middle path the region has been waiting for.

FPT Teams Up with Subaru Japan: A Game-Changing Leap in Autonomous Driving and Safety Tech

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HANOI, Vietnam — March 23, 2025 — Vietnamese tech powerhouse FPT is driving into the future with a groundbreaking two-year partnership with Subaru Japan, announced earlier this month. This collaboration is set to turbocharge the development of cutting-edge software for cars, with a laser focus on autonomous driving technology and next-generation safety systems.

This isn’t just a business deal—it’s a bold statement of Vietnam’s rising star in the global tech scene.

Revving Up Innovation

Under the agreement, FPT Automotive, a subsidiary of FPT Corporation, will join forces with Subaru to revolutionize the way we experience cars. Think self-driving vehicles that navigate with precision and safety features that set new benchmarks—these are the goals fueling this partnership. To make it happen, FPT is sending its top experts to Subaru’s factory in Gunma, Japan, where they’ll dive into hands-on training and seminars. It’s a chance to sharpen skills, align with Subaru’s world-class standards, and bring home expertise that could redefine Vietnam’s tech landscape.

“This is more than a collaboration—it’s a co-creation,” said Mdm. Chu Thi Thanh Ha, FPT Software Chairwoman. “By blending FPT’s tech prowess with Subaru’s engineering legacy, we’re building a future where cars are smarter, safer, and more connected. Plus, we’re putting Vietnamese talent on the global map.”

A Win for FPT and Vietnam

For FPT, this deal is a golden ticket to solidify its foothold in the automotive industry—a sector it’s been accelerating into for nearly two decades. With 4,000 automotive software engineers worldwide and the launch of FPT Automotive in 2023, the company is already a heavyweight in software-defined vehicles. Now, partnering with Subaru, a name synonymous with reliability and innovation, FPT is poised to take its game to the next level.

But it’s not just about cars—it’s about Japan. As FPT’s biggest IT service market, Japan has long been a priority. With over 4,000 employees across 17 offices and innovation hubs, plus 15,000 offshore pros dedicated to the market, FPT is already a titan there. This Subaru tie-up? It’s the turbo boost needed to expand even further, aiming for a billion-dollar revenue milestone by 2027.

Money Talks: FPT’s Hot Start to 2025

FPT isn’t just dreaming big—it’s delivering. The company kicked off 2025 with a bang, reporting revenue of VND 10,438 billion (about USD 422 million) and a profit after tax of VND 1,619 billion (around USD 65 million) for January and February alone. These numbers don’t just show growth—they scream confidence. With the Subaru partnership now in play, expect those figures to climb even higher as FPT shifts into overdrive.

Why It Matters to You

This is a moment of pride. FPT’s leap into autonomous driving and safety tech with Subaru isn’t just a corporate win—it’s a showcase of Vietnam’s tech muscle. From Hanoi to Ho Chi Minh City, the ripple effects could mean more jobs, more innovation, and a louder voice on the world stage. And for car enthusiasts? Get ready for a ride where Vietnamese ingenuity meets Japanese precision.

As FPT’s experts gear up for their stint in Japan, the road ahead looks thrilling. Will this partnership steer Vietnam into a new era of automotive tech? Buckle up—Vietnam Insider will keep you posted.

Vietnam’s Highlands Lead the Way with Elephant-Friendly Tourism Revolution

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Picture this: you’re strolling through the wild beauty of Yok Đôn National Park, the sun filtering through towering trees, as you watch elephants munch on their breakfast, splash in a river, or roam freely. Since July 2018, this park has teamed up with Animals Asia to offer visitors a front-row seat to the daily lives of these incredible creatures. No saddles, no stress—just pure, respectful interaction.

Travelers from across Vietnam have been blown away. “I couldn’t believe how close we got,” one visitor raved. “Feeding them and taking photos in traditional outfits was so much fun—and it felt good knowing they’re treated right.” It’s a humane twist on tourism that’s not just a trend but a lifeline for Đắk Lắk’s elephant population.

Over at the Buôn Đôn Suspension Bridge Tourism Centre, the shift is just as inspiring. Two years ago, they waved goodbye to elephant rides and rolled out the red carpet for meaningful encounters. Now, tourists can feed these cultural icons, join in health blessing ceremonies, or even watch them enjoy an “elephant buffet.” The centre’s focus? Better diets, top-notch medical care, and cozy living spaces for their four-legged stars. It’s a win-win: happier elephants and thrilled visitors.

Why It Matters—and What’s at Stake

This isn’t just about feel-good vibes. Đắk Lắk’s 35 domesticated elephants, mostly over 40 years old, are teetering on the edge of extinction. Breeding efforts have stalled, grazing lands are shrinking, and habitat conflicts loom large. The province’s elephant-friendly push—backed by a 2021 agreement with Animals Asia to phase out rides entirely—is a bold step toward saving them.

Trần Thị Kim Anh, who runs the show at the Buôn Đôn centre, can’t stop smiling about the results. “After two years, we’re seeing healthier elephants and stronger communities,” she says. “It’s become our signature experience.” And it’s not just talk—tourists are flocking to this ethical alternative, proving compassion pays off.

But it’s not all smooth sailing. In Lắk District, where elephant rides are still a draw, the old ways linger. With no formal ban in place, tourists seeking that outdated thrill are putting pressure on the animals. Meanwhile, the aging herd faces a ticking clock. Can Đắk Lắk turn the tide before it’s too late?

Voices of Change: Building a Better Future

Earlier this month, the “Elephant Stories” workshop in Buôn Ma Thuột City buzzed with ideas. Elephant handlers, local leaders, and businesses brainstormed ways to protect these beloved animals while keeping tourism thriving. Y Si That Ksor, Vice Chairman of Buôn Đôn’s People’s Committee, had a clear message: “We need to shift mindsets and livelihoods together. That means jobs and skills for handlers so they can thrive without rides.”

Ryan Hockley from Animals Asia agrees. “When elephants live naturally, they’re healthier and live longer,” he says. “The key now is better tours—think quality experiences tailored to what travelers want.” Think targeted marketing, social media buzz, and showing the world why Đắk Lắk’s elephants are worth celebrating.

Nguyễn Thuỳ Phương Hiếu, head of the province’s tourism department, is all in. “This is our future—conserving rare wildlife while giving tourists something unique,” she says. By 2026, elephant rides will be history here, replaced by a lineup of immersive adventures: tasting Lao cuisine, hiking along the Serepok River, camping under the stars, or swaying to the rhythm of gong performances. It’s a full-on sensory feast—and elephants are the stars, not the servants.

Your Turn to Join the Journey

Đắk Lắk’s elephant-friendly revolution is more than a trend—it’s a call to action. Whether you’re a traveler craving authentic experiences or just someone who cares about Vietnam’s natural treasures, this is your chance to get involved. Visit Yok Đôn or Buôn Đôn, snap that elephant selfie, and spread the word. Together, we can keep these gentle giants thriving for generations to come. What’s your next move?

Here’s why Vietnam has emerged as a dynamic destination for foreign investors

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Vietnam has emerged as a dynamic destination for foreign investors, offering a compelling blend of economic growth, a favorable investment climate, and a rich cultural tapestry.

The country’s strategic geographic location, coupled with a young and burgeoning workforce, has attracted entrepreneurs and businesses seeking new horizons.

A Welcoming Investment Landscape

Vietnam’s government has actively fostered a conducive environment for foreign investment. Streamlined business registration processes, competitive tax incentives, and a commitment to protecting investors’ rights have contributed to the nation’s growing appeal. The World Bank’s Doing Business report consistently ranks Vietnam high for ease of doing business, further solidifying its position as an attractive investment destination.

GBS: Your Trusted Partner in Vietnam

Navigating the complexities of investing in a new market can be challenging. That’s where GBS, a leading investment consulting firm in Vietnam, comes in. With a deep understanding of the local landscape and a proven track record of success, GBS has become the preferred choice for foreign investors seeking expert guidance and support.

A Diverse Range of Investment Opportunities

Vietnam’s economy is experiencing robust growth across various sectors, presenting a wealth of investment opportunities. From manufacturing and technology to real estate and tourism, foreign investors can find a niche that aligns with their business goals.

The Human Factor: A Vibrant Culture and Energetic Workforce

Beyond economic incentives, Vietnam’s unique cultural identity and its dynamic workforce add to its allure. The country’s rich history, vibrant street life, and delicious cuisine create a captivating environment for both work and leisure. Moreover, Vietnam boasts a young and ambitious workforce eager to contribute to the nation’s economic progress.

Success Stories: Inspiring Foreign Entrepreneurs

Numerous foreign entrepreneurs have found success in Vietnam, contributing to the nation’s economic growth and leaving a lasting impact. Graeme, a former footballer turned entrepreneur, exemplifies this trend. After overcoming initial challenges, Graeme established a thriving sports rehabilitation center in Ho Chi Minh City, showcasing the resilience and adaptability required for success in Vietnam.

A Bright Future Ahead

As Vietnam continues its remarkable economic trajectory, it is poised to become an even more significant player on the global stage. Foreign investors who embrace the country’s dynamic environment and leverage the expertise of firms like GBS are well-positioned to capitalize on the numerous opportunities that lie ahead.
Invest in Vietnam with Confidence

Vietnam’s welcoming investment climate, coupled with its rich culture and dynamic workforce, makes it an ideal destination for foreign investors seeking growth and success. With the support of trusted partners like GBS, navigating the Vietnamese market becomes seamless, paving the way for a prosperous future.

Vietnam’s Small Businesses Lead APAC in AI Adoption and Digital Growth

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Vietnam’s small businesses have emerged as Asia-Pacific leaders in adopting artificial intelligence (AI) and digital technologies, according to CPA Australia’s latest Small Business Survey.

The 2024 survey, which covered 11 Asia-Pacific economies, found Vietnam ranked first in the region for AI investment and adoption among small enterprises. Nearly 44% of Vietnamese small firms said AI was their biggest tech investment last year – double the rate in 2023 – and almost half are now using AI tools for business guidance. This aggressive embrace of AI is well ahead of regional peers; as CPA Australia CEO Chris Freeland noted, Vietnamese entrepreneurs’ willingness to quickly integrate new technologies like AI is “positioning them as regional leaders”

Tech-Savvy Entrepreneurs Driving Rapid Adoption

The survey highlights that Vietnam’s tech-savvy, youthful entrepreneurs are spearheading a broader digital transformation in the small business sector. Vietnamese SMEs (small and medium-sized enterprises) rank at or near the top region-wide in all key tech metrics – from online commerce and social media engagement to offering digital payment options . Over 90% of Vietnam’s small businesses now earn more than 10% of their revenue through online channels, and 84% receive a significant portion of sales via cashless payment platforms . Local e-wallets such as MoMo, Moca and ZaloPay have become ubiquitous tools for these companies to reach customers and facilitate transactions. The payoff from going digital is clear: 88% of Vietnamese small businesses reported that their tech investments in 2024 directly improved profitability  – one of the highest rates among the surveyed economies.

Freeland attributes Vietnam’s strong tech adoption to its dynamic business culture. “Vietnam’s small business sector is driven by dynamic and youthful entrepreneurs that embrace technology and innovation. Their ability to adapt quickly and invest in digital solutions is positioning them as regional leaders,” he said. This mindset has kept Vietnam’s SMEs ahead of the curve in e-commerce, social media marketing and fintech usage, giving them a competitive edge in both local and foreign markets.

E-Commerce Boom and Digital Payments Dominate

The digital economy’s rise in Vietnam is evident in the online sales figures. A vast majority of small businesses have integrated e-commerce into their operations – 91% of Vietnamese firms said over 10% of their revenue now comes from online sales. This is a sharp increase from the previous year and underscores how platforms from Facebook shops to e-marketplaces are driving growth. Equally notable, 84% of Vietnam’s small businesses received at least 10% of their sales via digital payment platforms, reflecting the country’s rapid shift toward cashless transactions. Services like MoMo, Moca and ZaloPay are commonly used by these businesses to streamline payments. By leveraging social media and online marketplaces, even the smallest companies can reach nationwide customer bases, contributing to Vietnam’s leading position in the region for e-commerce and digital integration.

The benefits of this online shift are clear in the bottom line. Business owners report that selling online and adopting digital payments have expanded their customer reach and improved efficiency. It’s one reason Vietnamese SMEs saw robust performance in 2024 and remain bullish on the future. “Small businesses in Vietnam are at or among the top in the Asia-Pacific region in all indicators of technology adoption,” Freeland observed, pointing to their outperformance in online sales and digital engagement . The ability to capitalize on internet-driven opportunities has been a vital growth engine for these firms.

Cybersecurity Risks Rise with Digital Growth

The flip side of rapid digitalization is heightened exposure to cyber threats. 60% of Vietnam’s small businesses reported losing time or money to a cyberattack in 2024, a troubling figure that is the second-highest among the surveyed Asia-Pacific markets (the regional average was just 40%). As companies put more of their operations online, criminals have taken note – from phishing scams targeting e-commerce operations to ransomware attacks on digital payment systems. In response, a majority of Vietnamese SMEs have been shoring up their defenses; 62% reviewed their cybersecurity measures in the latter half of 2024. Yet concerns remain elevated. A whopping 68% of Vietnam’s small businesses expect to be targeted by cyberattacks in 2025, the highest level of cyber-attack expectation in the region .

Freeland cautions that cybersecurity needs to become a top priority alongside business growth. Given Vietnamese SMEs’ widespread tech use, “proactively enhancing security measures is essential to protect growth and maintain customer trust,” he emphasized. Analysts note that many small firms, in Vietnam and elsewhere, often lack dedicated IT security staff, making regular security audits and employee training vital. The survey’s findings have prompted calls for greater awareness and investment in cybersecurity tools to ensure Vietnam’s digital success story isn’t derailed by cyber losses.

Record Optimism and Global Ambitions for 2025

Thanks in part to their tech-fueled gains, Vietnamese small businesses are entering 2025 with record-high optimism. An overwhelming 92% of SMEs expect to expand their business in 2025, the highest proportion among the 11 Asia-Pacific economies surveyed. Confidence in the broader economy is similarly unmatched – 93% of Vietnamese small business owners believe the national economy will grow this year, far above the regional average of 67% . This sunny outlook is backed by concrete expansion plans. Many companies are eyeing overseas markets for growth: 28% of Vietnam’s small businesses anticipate a strong increase in international sales in 2025, up from just 15% in 2024. The jump in expected export revenue signals that even micro and small enterprises are starting to think beyond domestic borders, aided by e-commerce and Vietnam’s integration into global supply chains.

Industry observers say Vietnam’s youthful entrepreneurs and their adaptability are key drivers of this confidence. By embracing technology and innovation, they have not only rebounded strongly from the pandemic years but are setting their sights higher. The survey results show that Vietnam’s small firms have the digital savvy and ambition to punch above their weight internationally. “Vietnam’s small businesses are increasingly willing to experiment and integrate technologies like AI into their operations,” Freeland said, praising their innovative spirit. If these trends continue, Vietnam’s small business community is poised to remain a regional powerhouse – leading in tech adoption, prospering in the digital economy, and confidently expanding on the world stage.

Foreign Tourist Sentenced to One Year in Vietnamese Jail After Drunk Driving Crash Kills Girlfriend

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A Chinese tourist has been sentenced to one year in prison by a court in central Vietnam after a drunk-driving incident last year in Hoi An tragically claimed the life of his girlfriend.

On Thursday, the People’s Court of Quang Nam Province handed down a 12-month sentence to 32-year-old Chong Fu Kit after a first-instance trial found him guilty of violating road traffic regulations.

According to the indictment, Chong arrived in Vietnam on May 7, 2024, for a holiday with three other Chinese nationals. The group stayed at a hotel in Dien Ban Town, Quang Nam Province.

Shortly after arriving, Chong rented a motorbike from Nguyen Dong Quan, a 52-year-old man from neighboring Da Nang City. Despite Chong not having a valid driver’s license, Quan failed to check his credentials before handing over the vehicle for a four-day rental.

Just one day later, tragedy struck.

After drinking five cans of beer on the afternoon of May 8, Chong took his girlfriend, 28-year-old Crus Wing Sze, for a late-night ride. Neither wore helmets. Around 10:49 p.m., while riding at an estimated 40-50 km/h on Lac Long Quan Street, heading toward Hoi An City, Chong lost control of the bike and slammed into a fixed median in Cam An Ward.

The crash proved fatal. Crus Wing Sze suffered a severe traumatic brain injury and died instantly. Chong was seriously injured and later hospitalized, with medical reports citing 35% bodily harm.

Beyond Chong’s conviction, the court also held the motorbike owner partially accountable. Nguyen Dong Quan received a nine-month suspended sentence for his negligence in failing to verify the tourist’s eligibility to drive.

This tragic incident underscores growing concerns about road safety in tourist hotspots and the responsibilities of both foreign visitors and local service providers in ensuring compliance with Vietnamese traffic laws.

Working in Vietnam as a Foreigner: Opportunities in a Fast-Growing Economy

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Vietnam has become one of Southeast Asia’s most dynamic employment destinations, drawing an increasing number of foreign professionals looking to tap into its rapidly expanding economy and diverse job market. With an annual growth rate hovering around 7%—the fastest in the region—Vietnam offers abundant career opportunities across multiple sectors.

A Thriving and Evolving Job Market

Fueled by strong economic momentum and increasing foreign investment, Vietnam is quickly becoming a preferred destination for international businesses. Many global firms are relocating operations from China to Vietnam, further boosting demand for skilled workers.

Foreigners currently find rewarding career paths in a range of industries, including:

  • Healthcare and Pharmaceuticals
  • Insurance
  • Education (especially English teaching and international schools)
  • Manufacturing
  • Information Technology and High-Tech Sectors

The country’s young, adaptable workforce and government emphasis on vocational training and skill development ensure that both local and foreign professionals can thrive in this evolving landscape. For foreigners, this means not only the chance to find a job but also the opportunity to grow a long-term career in Vietnam.

Finding Employment: Strategies and Resources

For foreigners seeking employment in Vietnam, networking is key. The job market tends to favor personal connections, so attending professional events, meetups, and business forums can be a game-changer. Referrals often lead to faster and more successful job placements.

In addition to building a strong network, job seekers should explore these popular job platforms: TopC, Indeed Vietnam, Vieclam24h, VietnamWorks, CVWizard, CareerBuilder Vietnam

LinkedIn is also a powerful tool. Many in-house recruiters and hiring managers are active on the platform. Search for companies operating in Vietnam, connect with HR representatives, and express your interest directly.

Combining online job search tools with offline networking provides the best chance to land a meaningful role.

Best Cities for Foreign Professionals in Vietnam

Your ideal location may depend on your industry, but these cities consistently offer strong employment prospects for foreigners:

  • Ho Chi Minh City: As Vietnam’s commercial capital, HCMC is the top destination for international companies, offering roles in finance, marketing, tech, manufacturing, and more.
  • Hanoi: The nation’s political and cultural capital also boasts a thriving job market, particularly in government-related industries, education, and international development.
  • Da Nang: A rising tech hub on Vietnam’s central coast, Da Nang is attracting startups and IT firms, making it an excellent choice for tech professionals.
  • Can Tho: Located in the Mekong Delta, Can Tho is a center for agriculture, aquaculture, and food processing industries.
  • Hai Phong: As one of Vietnam’s largest port cities, Hai Phong offers roles in logistics, shipping, and manufacturing.

Vietnam is not just a destination for travel—it’s a land of opportunity for foreign professionals. Whether you’re in tech, education, healthcare, or manufacturing, Vietnam’s open economy, improving infrastructure, and welcoming culture make it an exciting place to work and live.

With the right mix of research, networking, and persistence, you can find a rewarding job and a vibrant lifestyle in one of Asia’s fastest-growing markets.

Here’s What We Know So Far About Tesla’s Culina: The $5,000 Robot Redefining Culinary Arts

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In a stunning reveal that has captivated the world, Elon Musk has once again pushed the boundaries of innovation with the introduction of Culina—a $5,000 robot that promises to outshine even the most skilled professional chefs.

Unveiled as part of a new division within Tesla dedicated to food technology and artificial intelligence, Culina represents a bold leap into the intersection of robotics, AI, and gourmet cooking. This groundbreaking announcement has sparked widespread excitement and curiosity, leaving many eager to understand what this futuristic kitchen companion brings to the table.

A Master Chef in Robotic Form

Culina is not just another kitchen gadget; it’s a fully automated cooking assistant designed to transform the way we prepare and enjoy food. Equipped with cutting-edge AI, high-precision robotics, and an arsenal of advanced sensors, this robot is capable of executing a diverse array of culinary feats. From crafting delicate French pastries with flaky, buttery layers to searing steaks to a perfect medium-rare, Culina handles it all with finesse. Its sophisticated design incorporates robotic arms that move with surgical precision, ensuring consistency and quality in every dish it creates.

What sets Culina apart is its ability to master a wide range of cooking techniques. Whether it’s sautéing, baking, grilling, or even sous-vide, the robot seamlessly adapts to the demands of each recipe. High-quality sensors monitor temperature, texture, and timing, guaranteeing that every meal is cooked to perfection. This level of precision eliminates the guesswork that often accompanies home cooking, offering a professional-grade experience at an accessible price point of $5,000.

AI-Powered Personalization

At the heart of Culina’s brilliance lies its advanced artificial intelligence. Unlike traditional kitchen appliances with static programming, Culina’s AI is dynamic—it learns and evolves based on user preferences. Over time, the robot fine-tunes its recipes to suit individual tastes, whether you prefer your pasta al dente or your sauces with an extra kick of spice. This personalization feature ensures that every meal feels tailor-made, elevating the dining experience to new heights.

The AI also allows Culina to expand its culinary repertoire continuously. By analyzing user feedback and possibly even tapping into a broader database of global recipes (a detail yet to be fully confirmed), the robot can introduce new dishes and techniques to its skill set. This adaptability makes Culina not just a tool, but a creative partner in the kitchen—one that grows alongside its owner’s culinary curiosity.

Tesla’s Bold Foray into Food Tech

While Tesla is best known for electric vehicles and energy solutions, the launch of Culina signals Musk’s ambition to disrupt yet another industry. This venture into food technology aligns with his track record of tackling grand challenges with innovative solutions. By integrating Tesla’s expertise in robotics—honed through projects like the Tesla Bot—and its prowess in AI development, Culina emerges as a natural evolution of the company’s mission to accelerate human progress.

Though specifics about the division spearheading Culina remain scarce, its focus on merging automation with everyday life suggests a broader vision. Could this be the first of many lifestyle-oriented robots from Tesla? For now, Culina stands as a testament to Musk’s knack for blending practicality with awe-inspiring technology.

The World Reacts

The announcement of a $5,000 robot that cooks better than chefs has sent shockwaves across the globe. Social media platforms buzz with speculation, with food enthusiasts marveling at the prospect of Michelin-star quality meals at home, while skeptics question whether a machine can truly replicate the artistry of human cooking. Priced competitively for a high-tech appliance, Culina has the potential to democratize gourmet cuisine, making it accessible to households that could never afford a personal chef.

As of March 21, 2025, details about Culina’s rollout, availability, and full specifications are still unfolding. However, its promise is clear: a future where culinary excellence is no longer confined to upscale restaurants or expert hands, but achievable with the push of a button.

What Lies Ahead

Culina is more than a robot—it’s a glimpse into a world where AI and robotics redefine daily life. While questions linger about its maintenance, ingredient sourcing, and integration into existing kitchens, the excitement surrounding its debut is undeniable. Elon Musk has once again ignited imaginations, proving that even the most traditional domains, like cooking, are ripe for reinvention.

For now, the world watches eagerly as Tesla’s culinary creation prepares to take its place on countertops everywhere. If Culina lives up to its bold claims, it could very well become the ultimate sous-chef for the modern age—one that doesn’t just cook, but reimagines what’s possible in the kitchen.

Vietnam Joins Global Top 20 for Mobile Internet Speed for the First Time

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Vietnam has surged into the global top 20 for mobile Internet speed, marking a major leap forward in digital connectivity.

In February 2025, the country’s average mobile Internet speed hit an impressive 144 Mbps, pushing it to 19th place worldwide, ahead of nations like India, Finland, and France, according to data from global analytics firm Ookla.

Vietnam’s mobile speed is now approaching its fixed broadband speed, which stood at 164.77 Mbps, placing the country 35th globally in that category. Leading the rankings were the UAE with a mobile speed of 543.91 Mbps, and Singapore with a fixed broadband speed of 345.33 Mbps.

This milestone comes after a period of stagnation in mobile performance. Just five months earlier, in September 2024, Vietnam’s mobile speed was only 54.17 Mbps, ranking 51st globally. The dramatic rise is largely attributed to the commercial rollout of 5G by Viettel in October 2024 and VinaPhone in December.

Supporting this data, a report from iSpeed—a speed test tool endorsed by Vietnam’s Ministry of Science and Technology—recorded Vietnam’s 5G download speed at 187.58 Mbps in February. Among local providers, Viettel led with a median speed of 226.27 Mbps, followed by VNPT at 157.17 Mbps.

“Vietnam’s mobile Internet performance has improved significantly since the commercial deployment of 5G,” said Affandy Johan, an analyst at Ookla.

Indeed, Ookla’s data shows a sharp rise in 5G usage: from nearly 0% in September 2024 to 31.9% by February 2025, reflecting rapid network expansion.

To fuel adoption, Vietnamese telecom operators have been aggressively rolling out new 5G data plans. On March 10, Viettel launched daily 5G packages starting at just VND10,000 (US$0.40). The company currently serves 5.5 million 5G users and aims to reach 10 million by year-end. VinaPhone has reported three million 5G subscribers, while MobiFone is expected to launch its commercial 5G services later this month.

To further accelerate rollout, the Vietnamese government has introduced supportive policies. Under a resolution issued by the National Assembly on February 19, telecom companies must deploy at least 20,000 new 5G base stations by December 31 to qualify for a 15% subsidy on equipment costs.

With strong public and private sector momentum, Vietnam is fast becoming one of the most digitally connected countries in the region—making mobile Internet faster, more accessible, and future-ready.

Hanoi Residents Open Their Doors and Bathrooms to Tourists

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In a heartwarming move to welcome tourists, 24 households, restaurants, and local businesses in Truc Bach Ward, Ba Dinh District, Hanoi, have voluntarily opened their restrooms for public use—completely free of charge.

This initiative, part of the Free Restroom model launched by the Truc Bach People’s Committee in early March, is transforming everyday shops into spots of hospitality. The goal? Make sure no visitor is left searching desperately for a bathroom.

According to Mr. Le Tat Thanh, Chairman of the People’s Committee of Truc Bach Ward, the pilot program is currently focused on busy areas like Truc Bach, Hang Than, and Ngu Xa Food and Walking Street. “Participation is completely voluntary,” he shared. “But it’s already creating a more welcoming environment for both locals and tourists.”

And the response has been inspiring. So far, 24 locations have put up the signature blue “Free Restroom” sign. By the April 30–May 1 holiday, officials hope that 80% of the ward’s streets will join the movement.

People like Ms. Nguyen Thi Vinh, 58, who runs a popular pho cuon shop on Ngu Xa Street, are leading the charge. “It’s not a big deal,” she said modestly. “I just want visitors to feel at home here.” She’s even encouraged her neighbors to join the effort.

Right next door, Ms. Nguyen Thi Hoa, owner of a local restaurant, has embraced the initiative with enthusiasm. Long before the program’s official launch, she was already letting people use her restroom—no questions asked. “This is how we show Truc Bach’s friendly, civilized spirit,” she said. Although she admits it might be a bit challenging to manage the flow of visitors, she’s prepared to have staff help guide them and keep everything clean.

“The blue smiley logo says it all,” Ms. Hoa added. “Visitors can relax, knowing they’ll always find a clean and free restroom nearby.”

For travelers like Gai, a 25-year-old tourist from Israel, it’s a pleasant surprise. Visiting Hanoi for the first time, she was impressed to see the Free Restroom signs along Hang Than Street. “In other cities, public restrooms often cost money and aren’t very clean,” she said. “But this feels different—the slogan ‘make yourself happy’ really adds to the experience.”

While Truc Bach is the latest to adopt the idea, it’s not the first. Since 2023, Ho Chi Minh City has rallied businesses and households across several districts to offer free restrooms. By the end of 2024, the Department of Natural Resources and Environment reported that around 1,900 businesses and public offices had joined the cause.

With small but meaningful gestures like this, Vietnam is proving that sometimes the best kind of hospitality is simply opening the door—especially to a clean, free restroom.

Why Vietnam Is Becoming the Preferred Home for Global Professionals

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Ho Chi Minh City, March 20, 2025 – Vietnam continues to establish itself as a dynamic destination for foreign professionals, entrepreneurs, and residents. As of March 2025, more than 100,000 foreigners from 110 countries and territories live and work in Vietnam, reflecting the country’s rising global appeal.

A Diverse Foreign Community

The majority of the foreign population in Vietnam originates from countries such as China, South Korea, Japan, and Taiwan. According to previous data from the Ministry of Labour, the expatriate population stood at approximately 83,500 in 2019, a figure that has continued to grow as Vietnam attracts more talent and investment.

Entry, Work, and Residency Requirements

Foreign nationals must possess a valid passport and visa to enter Vietnam. Those seeking employment must obtain a work permit, which requires applicants to be at least 18 years old, have relevant qualifications or work experience, and be sponsored by a registered Vietnamese company. Standard work permits are valid for 24 months.

For extended stays, foreigners can apply for a Temporary Residence Card, which serves as a multiple-entry visa valid for 2 to 5 years. Those who have legally resided in Vietnam for several years and meet specific requirements may be eligible for permanent residence or even Vietnamese citizenship.

Expat Celebrating Tet Holiday With Vietnamese
Cost of Living and Lifestyle

Vietnam offers an affordable lifestyle compared to many other countries. Basic monthly living expenses range between $500 and $1,000, depending on location and personal preferences. Major cities like Ho Chi Minh City and Hanoi offer a mix of modern conveniences and rich cultural experiences, making them attractive to long-term residents.

Integration into Vietnamese society is encouraged. Foreigners are advised to learn the Vietnamese language and respect local customs and traditions to foster better connections and smoother daily interactions.

Safety and Community

Vietnam is widely regarded as a safe country for foreigners, with low levels of violent crime. Still, it is important to remain aware of one’s surroundings and follow local laws and regulations. All residents—both local and foreign—are required to register their temporary stay with the local police.

Key Legal Considerations

Foreigners planning to live and work in Vietnam should take note of the following:

  • Clean criminal record in both their home country and Vietnam.
  • Medical fitness, depending on job requirements.
  • Legalized documents, including passports and health checks.
  • Employment through a licensed Vietnamese organization.
  • Eligibility for permanent residence after several years of legal stay and proof of financial stability.

As Vietnam continues to grow as a regional economic hub, it presents a welcoming environment for global citizens seeking opportunity, cultural richness, and a high quality of life in Southeast Asia.

“Vietnam is Becoming Great Again” — A Remarkable Acknowledgment by the U.S. President

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As the 47th President of the United States, while continuing efforts to Make America Great Again, I recognize another nation in Southeast Asia that is undergoing its own powerful resurgence—Vietnam.

Vietnam’s greatness is not new. Long before the United States was founded, Vietnam had already forged a proud and resilient history. Over the centuries, it has faced invasions from the north, south, and west—at least 20 times—and yet, emerged victorious each time. Remarkably, Vietnam is the only nation known to have defeated the powerful Mongol Empire three times in the 13th century.

In the 20th century alone, Vietnam expelled four global powers—China, France, Japan, and even the United States—affirming its reputation as one of the few nations that cannot be defeated, either in war or peace.

But perhaps most impressive is Vietnam’s ability to move beyond the past. Instead of harboring resentment, it has extended hands of friendship and cooperation, forging strategic partnerships built on peace, mutual respect, and progress. That spirit reflects the character of a truly great people.

In the 21st century, Vietnam is rising once again:

  • Economic Growth: Ranked 34th among 260 global economies, Vietnam posted over 7% GDP growth in 2024—one of the highest in the world.
  • Military Strength: From virtually no armed forces in 1945, Vietnam now ranks 22nd out of 145 countries in global military capability.
  • Peaceful Society: Amid global instability—from geopolitical tensions to economic downturns—Vietnam remains a beacon of peace and steady progress.
  • Scientific Recognition: Vietnam is home to the VinFuture Prize, one of the world’s most prestigious awards honoring scientific breakthroughs that advance humanity.
  • Global Partnerships: Technology giants like NVIDIA, the world leader in AI, have chosen Vietnam as a key hub for research and development, citing its exceptional human capital.
  • Government Reform: With bold reforms, including streamlined governance and administrative restructuring, Vietnam continues to modernize in ways that resonate with and benefit its citizens.

Vietnam’s journey—from the ashes of war to a rising global player—is nothing short of extraordinary. As the world faces uncertainty, Vietnam stands as a testament to resilience, unity, and a vision for a better future.

Vietnam is, indeed, becoming great again.

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