Broad-based rally lifts HoSE as oil, steel and property stocks lead gains despite foreign net selling
Vietnam’s stock market roared back to life after the Lunar New Year holiday, with the benchmark VN-Index surging more than 36 points in a broad-based rally that underscores renewed domestic risk appetite—even as foreign investors continued to pull capital from the market.
The VN-Index closed at 1,860.14 points, marking one of its strongest post-Tet sessions in recent years. On the Ho Chi Minh Stock Exchange (HoSE), advancing stocks outnumbered decliners nearly four to one, with 280 gainers versus just 73 losers. Fifteen stocks hit their daily upper trading limit, commonly known locally as the “purple ceiling,” signaling aggressive buying momentum across sectors.
Energy and industrial names led the charge. Shares of Petrolimex (PLX) and PetroVietnam Gas (GAS) were among standout performers, reflecting continued interest in oil and gas plays amid global energy volatility. Meanwhile, heavyweight stocks tied to two of Vietnam’s most prominent tycoons—Pham Nhat Vuong and Tran Dinh Long—provided crucial index support. Vingroup (VIC) rose 1.44%, contributing 3.4 points to the index, while Hoa Phat Group(HPG) climbed 2.42%, adding 1.52 points.
Banking and property names including VPBank, Vinhomes, and Vietcombank also contributed to the rally. The performance suggests that domestic investors are rotating back into large-cap leaders, particularly in sectors closely tied to infrastructure, construction, and credit growth—key pillars of Vietnam’s 2026 economic outlook.
However, the rebound came despite sustained foreign net selling. Overseas investors offloaded a net VND 1,126 billion ($45 million) on the session. Technology giant FPT Corporation saw the heaviest net selling, exceeding VND 1,140 billion, followed by Vietcombank, VPBank, and Mobile World Group (MWG). Notably, Hoa Phat bucked the trend, attracting the strongest foreign net buying at more than VND 329 billion.
For international investors tracking Southeast Asia, the session highlights a key dynamic in Vietnam’s equity story: strong domestic liquidity can counterbalance foreign outflows, at least in the short term. With Vietnam pushing for a potential market upgrade and positioning itself as a manufacturing alternative amid shifting global supply chains, sustained earnings growth—not just retail enthusiasm—will determine whether this post-Tet rally evolves into a durable bull phase.
The question now is whether foreign funds will return to validate the momentum—or whether Vietnam’s next market leg higher will be powered primarily by its increasingly confident domestic investor base.
A violent altercation between a restaurant owner and a group of domestic tourists in Vung Tau has triggered criminal investigations and renewed attention on visitor safety in Vietnam’s popular coastal destinations.
Police in Ho Chi Minh City have temporarily detained a 49-year-old restaurant owner and an associate after a dispute over parking escalated into a physical confrontation, including the use of a shovel.
For investors and hospitality operators watching Vietnam’s tourism recovery, the incident highlights how quickly minor disputes can damage local reputation — especially in high-traffic leisure zones.
What Happened
The incident occurred on Tran Phu Street in Vung Tau, a well-known beachfront strip lined with cafés and seafood restaurants.
According to investigators, a group of five adults and one child from Dong Nai parked their car near an empty lot opposite a rice restaurant owned by Dang Tran Quoc Vu. Staff allegedly asked the group to move the vehicle, leading to a verbal dispute.
Video recorded by the tourists shows the restaurant owner approaching with a chair and attempting to strike members of the group. In subsequent footage, he is seen wielding a shovel and chasing a male tourist, who later suffered facial swelling and bruising.
Police from Vung Tau ward responded to the scene and brought those involved in for questioning.
Authorities have detained Dang Tran Quoc Vu and another individual, Dao Nang Nghia, to investigate alleged “disturbing public order,” a criminal offense under Vietnamese law. Officials described the behavior as aggressive and disruptive in a crowded public area.
Additional individuals may face further investigation as evidence is consolidated.
Tourism Image Under Scrutiny
Vung Tau, now administratively part of Ho Chi Minh City following recent local government restructuring, is one of southern Vietnam’s most accessible beach destinations — especially for residents and expatriates based in Ho Chi Minh City.
While isolated, incidents involving violence against visitors can carry outsized reputational impact in a market where tourism is rebounding strongly post-pandemic.
Authorities emphasized that conflicts related to business operations, parking, or daily life should be resolved through lawful channels rather than confrontation. Police urged residents and business owners to report disputes promptly and avoid escalation.
Legal Implications
Vietnam’s criminal code treats public disorder and the use of improvised weapons in public spaces seriously. Convictions can carry fines or custodial sentences depending on severity and injuries involved.
For hospitality businesses, the episode serves as a reminder of rising expectations around service standards, conflict management, and visitor protection as Vietnam positions itself as a regional tourism and investment hub.
Vietnam has formally responded after the European Union added the country to its list of “non-cooperative jurisdictions for tax purposes,” a move that could draw scrutiny from multinational corporations and European investors.
The designation follows a peer review by the Organisation for Economic Co-operation and Development (OECD) covering the 2021–2023 assessment cycle on tax transparency and information exchange standards.
For international businesses operating in Vietnam — or considering entry — the key question is whether the listing signals material regulatory risk or reflects a technical compliance process already being addressed.
Vietnam: Reforms Underway, Cooperation Ongoing
At a press briefing in Hanoi, Foreign Ministry spokesperson Phạm Thu Hằng emphasized that Vietnam values cooperation with the OECD, particularly on tax transparency and governance standards.
She stated that during the OECD review process, Vietnam amended and supplemented several legal frameworks, including:
The Law on Tax Administration
The Law on Enterprises
Decree No. 168/2025/NĐ-CP on enterprise management
According to the government, these reforms aim to align Vietnam more closely with international standards on tax transparency and information exchange.
Vietnam is also developing a national action plan to implement recommendations from the OECD’s Global Forum on Transparency and Exchange of Information for Tax Purposes.
What the EU Listing Means
The EU’s “non-cooperative” list is based on assessments tied to OECD standards. Jurisdictions placed on the list are typically encouraged to address identified gaps within defined timelines.
Importantly, this classification does not equate to sanctions. However, it can influence:
Reputational perceptions in capital markets
Due diligence requirements for European investors
Tax compliance reporting obligations for multinational groups
Vietnam signaled readiness to work closely with the European Commission and EU member states to provide updated information on legal reforms and implementation progress.
Context: Vietnam’s Investment Position
Vietnam has positioned itself as one of Asia’s most dynamic manufacturing and investment destinations. The government has actively promoted regulatory transparency to support foreign direct investment inflows, particularly from Europe, Japan, South Korea, and the United States.
The OECD, founded more than six decades ago, comprises 38 member countries — largely high-income economies — and serves as a key forum for global economic policy coordination.
For European companies already in Vietnam, the immediate operational impact appears limited. The critical variable will be how quickly Hanoi can demonstrate compliance improvements and whether the EU revises its classification in subsequent reviews.
For now, the development underscores a broader reality: as Vietnam deepens integration into global capital markets, regulatory alignment with OECD standards is becoming increasingly central to its investment narrative.
Vietnam’s post-Tet travel surge is pushing the country’s aviation system to its limits — with economy tickets to Ho Chi Minh City sold out on multiple routes and last-minute business-class fares climbing to nearly VND 6 million (around US$240) one way.
Between the fourth and ninth days of the Lunar New Year holiday, most flights into Ho Chi Minh City were fully booked. On the tenth day, many routes showed availability only in premium cabins.
For international executives, investors, and expatriates operating in Vietnam, the message is clear: post-holiday mobility into the country’s commercial hub now requires advance planning — or a premium budget.
Economy Seats Gone, Premium Prices Soar
Passengers across the country report difficulty securing tickets back to the southern metropolis after visiting family for Tet.
Routes from Chu Lai, Vinh, Con Dao, Dong Hoi, Hai Phong, and Nha Trang to Ho Chi Minh City were nearly full through February 26. Some flights still had seats, but largely in business class, priced between VND 4–6 million. Indirect routes — connecting via Hanoi or other hubs — pushed fares as high as VND 9–10 million.
For comparison, those prices are roughly double standard off-peak fares.
The demand spike has been particularly visible at Tan Son Nhat International Airport, Vietnam’s busiest airport. On February 22 (the sixth day of Tet), the airport handled nearly 178,000 passengers — its highest daily traffic on record — with inbound passengers significantly outnumbering departures.
In the north, Noi Bai International Airport recorded more than 124,000 passengers on its post-holiday peak day, also a historic high.
Airlines Added Capacity — But Demand Rose Faster
Carriers had anticipated strong travel demand for Tet 2026.
Vietnam Airlines and affiliated units supplied over 3.5 million seats, including expanded night flights.
Bamboo Airways increased fleet deployment and domestic capacity.
Vietravel Airlines added tour-linked services.
Yet a nine-day holiday period, combined with rebounding domestic tourism and rising international arrivals, outpaced supply.
Ticket agents report that even early bookers struggled to secure seats on high-demand routes. Some passengers rerouted creatively — traveling from secondary cities to Hanoi or Da Nang before continuing south — though those alternatives are now filling rapidly as well.
According to government data, average monthly income in 2025 reached VND 8.31 million, up VND 756,000 year-on-year, while unemployment declined. Improved purchasing power is expanding discretionary spending on travel, including premium air tickets for time-sensitive business needs.
For Ho Chi Minh City — Vietnam’s financial and commercial engine — this means intensified post-holiday inflows as employees, entrepreneurs, and foreign managers return to work.
What This Means for Travelers and Businesses
Book early: Tet return flights are increasingly comparable to Golden Week-style demand in other Asian markets.
Expect price spikes: Premium cabins may be the only option during peak return windows.
Infrastructure strain continues: Without expanded airport capacity and fleet growth, peak-period pricing pressure is likely to persist.
Vietnam’s domestic aviation market remains one of Southeast Asia’s fastest growing. But for now, the post-Tet rush offers a clear lesson: in Vietnam’s reopening economy, demand is moving faster than supply.
A routine traffic stop in one of Vietnam’s rising coastal destinations escalated into a shocking scene this week when a young man set his own motorbike ablaze after being pulled over by police.
The incident took place in Cam Ranh, part of Khánh Hòa province — better known internationally for its beaches, luxury resorts, and proximity to Nha Trang. Instead of a standard citation, officers were forced to extinguish a burning vehicle and launch a manhunt.
What Happened?
According to local traffic authorities, the event occurred around 12:30 p.m. on February 20 in Cam Linh ward, Cam Ranh.
Traffic police on routine patrol stopped a young male rider for not wearing a helmet — a basic traffic violation in Vietnam, where helmet use is mandatory. Officers requested his identification documents and conducted a breath alcohol test, standard procedure in nationwide traffic enforcement campaigns.
Rather than comply, the rider reportedly shouted at officers, kicked over his motorbike, and ignited the fuel tank. Within seconds, the vehicle was engulfed in flames. He then fled the scene.
Police quickly extinguished the fire and coordinated with local ward authorities to track him down. He was later detained for questioning.
Drug Test and Criminal Record
Authorities conducted a rapid drug screening, which returned a positive result. Police also confirmed the suspect has a prior conviction related to illegal drug possession.
Investigators in Khánh Hòa are now preparing a case file to pursue further legal action.
Why This Matters for International Readers
For business leaders, investors, and expatriates monitoring Vietnam’s regulatory climate, the incident underscores several broader themes:
Strict traffic enforcement: Vietnam has intensified road safety campaigns, particularly around alcohol and drug use.
Zero tolerance approach: Non-compliance with police instructions can escalate quickly under Vietnamese law.
Public security priority: Local authorities in tourism-heavy provinces like Khánh Hòa remain sensitive to incidents that may impact public safety perception.
While dramatic, this appears to be an isolated case rather than a systemic trend. Cam Ranh and the wider Khánh Hòa province continue to position themselves as stable, investment-friendly coastal hubs.
Authorities have not yet released further details on potential charges.
As Vietnam strengthens enforcement of road safety and public order laws, this case serves as a reminder: compliance is not optional — and escalation can carry serious consequences.
On February 11, 2026, the “2026 Zhongshenghui · Buddhist Faith and Collective Practice Exchange Forum in the Digital Age” (Buddhist Faith & Digital Practice Forum · Thailand) was successfully held in Bangkok, Thailand. The forum focused on practical pathways and collective cultivation mechanisms of Buddhist culture in the digital era, bringing together monks, scholars, spiritual practitioners, and guests from various countries and regions. Participants engaged in in-depth discussions on how faith can be continuously practiced and passed on in contemporary society.
The forum was hosted by Buddhism Federation of Life Co., Ltd. , a Thailand-based Buddhist cultural organization with a global vision. The organizer has long been committed to promoting the practice, exchange, and inheritance of Buddhist culture in modern and digital environments, while actively building cross-national and cross-cultural platforms for collective cultivation and intellectual dialogue.
1. Responding to the Times: Placing Faith in Digital Life
During the forum, speakers jointly pointed out that today’s highly digitalized society, while enhancing efficiency and connectivity, has also brought challenges such as anxiety, distraction, and imbalance in daily rhythms. In this context, faith has not disappeared, but the question of how to sustain spiritual practice has become a shared global concern.
Zhongshenghui emerged in response to this reality, aiming to provide a more sustainable path for spiritual practice through systematic and digital approaches. By doing so, cultivation is no longer limited by time and space, but can be naturally integrated into everyday life.
2. Digital Collective Practice Mechanism: Connecting Individual Cultivation with Collective Virtue
The forum highlighted Zhongshenghui’s exploration of digital collective practice mechanisms. Speakers emphasized that in Buddhist culture, generosity, cultivation, and merit are never based on immediate exchange, but on the long-term accumulation of virtuous causes.
Through digital systems, acts of kindness can be authentically recorded, respected, and sustained. Within collective practice mechanisms, these actions become interconnected, amplifying the long-term value of individual cultivation. This model does not focus on short-term incentives, but emphasizes continuous practice, collective participation, and positive long-term cycles.
Technology as a Tool, Faith as the Core
At the level of technological and system design, the forum clearly stated the principle that “technology serves faith, rather than dominates it.” Zhongshenghui focuses not on technological complexity, but on the authenticity of spiritual practice, the connectivity of collective relationships, and the stability and sustainability of system operations. Technology’s role is to lower barriers to practice, not to create new burdens.
3. From Thailand to a Global Collective Practice Network
The Bangkok forum was regarded as an important starting point in Zhongshenghui’s global development strategy. The meeting proposed three key directions for the future:
First, to disseminate and interpret Buddhist culture in more contemporary and international ways;
Second, to build cross-national and cross-cultural digital communities for collective practice, making faith a shared language that connects people worldwide;
Third, to explore sustainable development models for Buddhist culture in the digital era, forming a virtuous cycle between good deeds, collective practice, and long-term value.
4. A Form of Practice That Grows with the Times
In its concluding remarks, the forum noted that while technology will continue to evolve, humanity’s pursuit of wisdom, compassion, and awakening remains unchanged. Zhongshenghui does not seek short-term momentum, but focuses on long-term pathways, aiming to provide a stable and enduring digital space for faith through systematic and rational approaches.
As conveyed by the forum’s core philosophy, this is not a temporary experiment, but a continuous path of cultivation. Starting from Thailand, Zhongshenghui will continue to connect practitioners and believers worldwide, enabling Buddhist culture to be understood, practiced, and passed on in the digital age.
Comrade Kimlong Ly (born 28 March 2003) is a young, upcoming rising star, socialist activist from Cambodia currently pursuing his studies in Master’s of International Relations in the United Kingdom. Known among socialist circles for his many writings and strong support of socialist ideals, Kimlong recently shared his views in a recent Ipswich Community Radio interview in the U.K., where he spoke positively about the rapid development of Vietnam.
During the interview, he praised the country’s economic progress, infrastructure expansion, and industrial growth, noting the increasing number of factories and Vietnam’s rising position in global manufacturing. He emphasized what he described as the “strong and stable leadership” of the Communist Party of Vietnam as a key factor behind the nation’s achievements.
Kimlong also highlighted the long-standing traditional friendship between Cambodia and Vietnam, advocating for closer cooperation and solidarity between the two neighboring countries. According to him, a strong Vietnam plays an important role in maintaining stability and prosperity within ASEAN.
Having visited Vietnam more than 20 times, Kimlong expressed confidence that the country will continue to grow into a major economic powerhouse in the near future. He further stated that Vietnam’s historical resilience demonstrates what he believes to be its unbreakable will to defend its sovereignty and socialist orientation.
As a young Cambodian voice studying abroad, Kimlong says he hopes to contribute to stronger regional understanding and enduring friendship between the peoples of both nations.
Trading (giao dịch tài chính) đang trở thành xu hướng đầu tư ngày càng phổ biến trên toàn cầu, và Việt Nam cũng không nằm ngoài làn sóng ấy. Các nhà đầu tư trong nước đang tích cực tham gia vào mọi phân khúc thị trường, đưa Việt Nam vươn lên trở thành một trong những thị trường năng động và tăng trưởng mạnh mẽ nhất khu vực châu Á. Phần lớn hoạt động giao dịch tại đây do nhà đầu tư cá nhân thúc đẩy, được hậu thuẫn bởi hạ tầng tài chính đang không ngừng mở rộng, cho phép tạo ra khối lượng giao dịch hàng ngày lên đến hàng tỷ đô la.
Trong một môi trường có mức độ cạnh tranh cao và biến động liên tục như vậy, hợp tác với một sàn môi giới đáng tin cậy, an toàn và minh bạch chính là yếu tố then chốt quyết định thành bại. Nhà đầu tư Việt Nam đặc biệt ưu tiên lựa chọn những sàn có giấy phép hoạt động rõ ràng từ các cơ quan quản lý uy tín, đảm bảo tốc độ khớp lệnh nhanh chóng, đi kèm mức phí giao dịch hợp lý. Bên cạnh đó, phương thức thanh toán tiện lợi, tài liệu đào tạo chất lượng và giao diện nền tảng thân thiện cũng là những tiêu chí được đánh giá rất cao. Và tin vui là trên thị trường hiện có một sàn môi giới đa tài sản hội tụ đầy đủ tất cả những ưu điểm kể trên.
XS Là Gì?
Nếu bạn mới bước chân vào thế giới Trading, chắc hẳn bạn đang trong hành trình tìm kiếm và so sánh các nền tảng giao dịch khác nhau. XS.com là một trong những cái tên nổi bật nhất hiện nay, một nền tảng cho phép bạn tiếp cận các thị trường tài chính trên khắp thế giới, từ đó mở ra cơ hội tăng trưởng và đa dạng hóa danh mục đầu tư của riêng mình. Khởi nguồn từ Úc vào đầu thập niên 2010, XS đã không ngừng phát triển và mở rộng phạm vi sản phẩm tài chính qua nhiều năm, đồng thời vươn lên khẳng định vị thế dẫn đầu trong lĩnh vực Fintech (công nghệ tài chính) cùng ngành Trading trực tuyến.
Hiện tại, XS.com sở hữu nhiều giấy phép hoạt động tại nhiều khu vực pháp lý khác nhau, đồng thời đặt văn phòng tại nhiều quốc gia trên toàn cầu. Nền tảng này cung cấp khả năng truy cập vào nguồn institutional liquidity (thanh khoản cấp tổ chức) sâu rộng, kết hợp cùng hạ tầng công nghệ giao dịch tiên tiến bậc nhất. Trải nghiệm người dùng mượt mà và hiệu quả, cộng thêm đội ngũ hỗ trợ khách hàng tận tâm cùng mô hình quản lý quan hệ khách hàng chuyên sâu, tất cả đã tạo nên sức hút mạnh mẽ và biến XS thành lựa chọn hàng đầu của các nhà đầu tư khắp nơi trên thế giới. Sứ mệnh của sàn là trang bị cho nhà đầu tư cả chuyên môn lẫn công cụ cần thiết để vững vàng chinh phục thị trường đầy biến động ngày nay.
Đội ngũ XS.com cũng cam kết đồng hành cùng nhà đầu tư trên hành trình này bằng vốn kinh nghiệm dày dạn trên thị trường tài chính, không ngừng trau dồi và nâng cao năng lực chuyên môn. Ngoài am hiểu cơ chế vận hành của thị trường, đội ngũ này còn có thể hỗ trợ bạn trong lĩnh vực quản lý rủi ro, gợi ý các chiến lược giao dịch phù hợp nhất, đồng thời hướng dẫn bạn giải mã những vấn đề phức tạp ẩn chứa trong phân tích thị trường.
XS Là Nơi Ươm Mầm Tri Thức
XS không đơn thuần là nền tảng giao dịch mà còn là nơi bạn có thể trau dồi kiến thức về thị trường và tìm ra phương pháp đầu tư phù hợp nhất với bản thân. Hàng loạt khóa học đa dạng luôn sẵn sàng chào đón bạn, trong đó có những chương trình được thiết kế riêng dành cho nhà đầu tư mới bắt đầu. Chẳng hạn, khóa Introduction to Crypto Trading (Nhập Môn Giao Dịch Tiền Mã Hóa) sẽ mở ra cánh cửa để bạn khám phá thế giới đồng tiền kỹ thuật số (Digital Coins) và Token. Xuyên suốt 10 bài học, bạn sẽ được tìm hiểu về biểu đồ giá và lệnh giao dịch, quản lý rủi ro, cũng như tâm lý giao dịch, tức những nền tảng kiến thức thiết yếu mà mọi nhà đầu tư đều cần trang bị.
XS.com cũng nổi tiếng với trọng tâm phát triển mảng CFD Trading (Giao Dịch Hợp Đồng Chênh Lệch), nên không có gì ngạc nhiên khi sàn cũng cung cấp khóa học dành riêng cho người mới trong lĩnh vực này. Xét cho cùng, CFD là phương thức giao dịch dựa trên biến động giá (Price Action) phổ biến nhất hiện nay. CFD bao gồm cả Crypto, Forex (ngoại hối), Index (chỉ số) và Stock (cổ phiếu), cho phép bạn tìm kiếm lợi nhuận dù thị trường đang trong xu hướng tăng (Uptrend) hay xu hướng giảm (Downtrend). Các khóa nhập môn về Forex, thị trường cổ phiếu và tài chính, cũng như những kiến thức và góc nhìn tổng quan về giao dịch đều có mặt trên XS.com, và đáng mừng hơn nữa là tất cả đều hoàn toàn miễn phí. Tuy nhiên, người mới không phải là đối tượng duy nhất cần được học hỏi. Thế giới Trading thay đổi từng ngày, nên cho dù bạn đã có nhiều năm kinh nghiệm và tự tin rằng mình đã nắm vững mọi ngóc ngách, thì nghiên cứu và cập nhật liên tục vẫn luôn là yêu cầu không thể bỏ qua.
Khám Phá Các Chương Trình Ưu Đãi Trên XS
XS.com luôn đề cao giá trị của khách hàng và đặt trải nghiệm người dùng lên hàng đầu trong mọi hoạt động. Không chỉ dừng lại ở dịch vụ chăm sóc khách hàng chu đáo, khả năng giúp nhà đầu tư tiếp cận những đồng tiền và tài sản mạnh nhất trên thị trường, cùng nỗ lực xây dựng mối quan hệ bền vững giữa người dùng với nền tảng, XS còn trao tặng những phần thưởng, chương trình và ưu đãi độc quyền hấp dẫn. Một trong số đó là VIP Program, chương trình khách hàng thân thiết được thiết kế nhằm ghi nhận và tri ân những nhà đầu tư trung thành, hoạt động tích cực nhất, kèm theo những đặc quyền riêng biệt. Ở cấp độ VIP, chất lượng hỗ trợ khách hàng và quản lý quan hệ được nâng lên tầm cao mới, đồng thời được cá nhân hóa hoàn toàn theo nhu cầu và kỳ vọng của từng người.
Tuy nhiên, để gia nhập chương trình VIP, bạn cần đáp ứng các tiêu chí xét duyệt nhất định. Chương trình được phân thành nhiều hạng, và mức độ ưu đãi độc quyền sẽ tăng dần theo quá trình đầu tư của bạn. Với thang điểm từ 3 đến 7 sao, khối lượng giao dịch theo quý dao động trong khoảng từ 45 USD đến 750 USD. Khi đạt đến hạng cao nhất, bạn sẽ được tận hưởng trọn vẹn các chiến dịch khuyến mãi đặc biệt, dịch vụ hỗ trợ khách hàng ưu tiên, báo cáo phân tích giao dịch toàn diện, quà tặng khi đủ điều kiện thăng hạng, quản lý tài khoản chuyên trách, cùng những phần bất ngờ dành riêng vào dịp cuối năm.
XS Trading Miles là một chương trình khách hàng thân thiết khác, ghi nhận lòng trung thành của nhà đầu tư thông qua phần thưởng tích lũy liên tục. Với mỗi giao dịch thực hiện, bạn sẽ nhận được mile (dặm) và có thể quy đổi chúng thành tiền thưởng rút được về tài khoản. Các hạng thành viên ở đây cũng được phân theo khối lượng giao dịch trong 90 ngày gần nhất. Cụ thể, hạng Basic (Cơ Bản) áp dụng cho khối lượng từ 0 đến 2.000.000 USD; hạng Active Trader (Nhà Đầu Tư Năng Động) lên đến 10.000.000 USD; hạng Pro Trader (Nhà Đầu Tư Chuyên Nghiệp) đến ngưỡng 25.000.000 USD. Tiếp theo là hạng Super Trader (Nhà Đầu Tư Siêu Hạng) với mức tối đa 100.000.000 USD, và cuối cùng, hạng Top Trader dành cho những ai vượt qua con số ấn tượng đó.
Giải Pháp Công Nghệ Của XS
Trong ngành Trading, sự phát triển vượt bậc của các giải pháp công nghệ đóng vai trò then chốt, khi các công ty liên tục ứng dụng công nghệ mới để duy trì lợi thế cạnh tranh và giữ chân khách hàng trước vô vàn lựa chọn ngoài kia. Với XS.com, nền tảng đã kết hợp hài hòa giữa các nền tảng giao dịch đạt chuẩn ngành và hạ tầng tốc độ cao nhằm hỗ trợ tối ưu cho dịch vụ giao dịch Multi-Asset (đa tài sản), bao gồm tiền tệ, kim loại quý, chỉ số, hợp đồng tương lai, hàng hóa, Forex, năng lượng và Crypto. Công ty cũng không ngừng tìm kiếm cách thu hẹp khoảng cách giữa tài chính truyền thống và tài chính số, vừa nâng cao khả năng tiếp cận cho nhà đầu tư ở mọi trình độ, vừa đảm bảo hiệu suất sinh lời tối đa.
Hai nền tảng giao dịch cốt lõi trên XS.com là MetaTrader 4 (MT4) và MetaTrader 5 (MT5). MT4 tập trung chủ yếu vào giao dịch Forex với giao diện đơn giản, trực quan và dễ làm quen. Trong khi đó, MT5 mạnh mẽ và phức tạp hơn đáng kể, được thiết kế phục vụ cho những giao dịch đòi hỏi năng lực cấp tổ chức (Institutional-Grade). MT5 hỗ trợ giao dịch toàn diện các sản phẩm như Future (Hợp Đồng Tương Lai), Stock (Cổ Phiếu) và Crypto CFD, đi kèm khả năng quản lý rủi ro nâng cao. Cả hai nền tảng đều có phiên bản giao diện web lẫn ứng dụng di động để nhà đầu tư linh hoạt truy cập mọi lúc mọi nơi. Ngoài ra, XS.com còn ứng dụng mô hình machine learning (học máy) nhằm tối ưu hóa quy trình khớp lệnh (order execution) và tổng hợp thanh khoản (liquidity aggregation).
Tốc độ khớp lệnh được công bố ở mức dưới 40 mili giây. Bên cạnh đó, dịch vụ VPS (Virtual Private Server, tức Máy Chủ Ảo Riêng) cũng sẵn sàng phục vụ những nhà đầu tư sử dụng Expert Advisors (EA, hay còn gọi là robot giao dịch tự động) nhằm đảm bảo hệ thống vận hành liên tục và giảm thiểu tối đa độ trễ. Về phương diện bảo mật và quản lý rủi ro, nền tảng áp dụng đồng bộ ba lớp bảo vệ gồm negative balance protection (bảo vệ số dư âm), mã hóa dữ liệu và two-factor authentication (xác thực hai yếu tố, viết tắt là 2FA).
Giấy Phép Và Quy Định Pháp Lý Của XS
● XS.com sở hữu giấy phép hoạt động tại nhiều khu vực pháp lý khác nhau, tạo điều kiện thuận lợi cho nhà đầu tư trên toàn thế giới tham gia giao dịch, ngoại trừ cư dân Bắc Triều Tiên, Iran và Hoa Kỳ. Hiện tại, sàn đang hoạt động với các giấy phép sau:
● XS Ltd chịu quản lý bởi Financial Services Authority of Seychelles (FSA, Cơ Quan Quản Lý Dịch Vụ Tài Chính Seychelles), số giấy phép: SD089.
● XS Prime Ltd chịu quản lý bởi Australian Securities and Investments Commission (ASIC, Ủy Ban Chứng Khoán và Đầu Tư Úc), số giấy phép: 374409.
● XS Markets Ltd chịu quản lý bởi Cyprus Securities and Exchange Commission (CySEC, Ủy Ban Chứng Khoán và Giao Dịch Síp), số giấy phép: 412/22.
● XS Finance Ltd chịu quản lý bởi Labuan Financial Services Authority (LFSA, Cơ Quan Quản Lý Dịch Vụ Tài Chính Labuan) tại Malaysia, số giấy phép: MB/21/0081.
● XS ZA (Pty) Ltd chịu quản lý bởi South African Financial Sector Conduct Authority (FSCA, Cơ Quan Quản Lý Hành Vi Lĩnh Vực Tài Chính Nam Phi), số giấy phép: 53199.
● XS Trade Services Ltd chịu quản lý bởi Financial Services Commission of Mauritius (FSC, Ủy Ban Dịch Vụ Tài Chính Mauritius), số giấy phép: GB25204786.
● XS Online được cấp phép bởi cơ quan quản lý tại Kuwait, số giấy phép: 786/2024.
● XSTrade Financial Consultation L.L.C chịu quản lý bởi UAE Securities and Commodities Authority (SCA, Cơ Quan Quản Lý Chứng Khoán và Hàng Hóa UAE), số giấy phép: 20200000339.
● XS (LC) LTD. được đăng ký và cấp phép theo luật pháp Saint Lucia, số đăng ký: 2025-00114.
● XS Ltd được đăng ký và cấp phép theo luật pháp Saint Vincent and the Grenadines, số đăng ký: 27216 BC 2025.
XS.com là một trong những nền tảng giao dịch an toàn và đáng tin cậy nhất trên thị trường hiện nay. Sàn đã chinh phục lòng tin của cộng đồng nhà đầu tư Việt Nam và được vinh danh là Global Broker of the Year (Sàn Môi Giới Toàn Cầu Của Năm) cũng như Best Multi-Asset Broker in Asia (Sàn Môi Giới Đa Tài Sản Xuất Sắc Nhất Châu Á) tại Traders Fair thường niên diễn ra ở Thành phố Hồ Chí Minh vào tháng 12 năm 2023. Nhà đầu tư Việt Nam đánh giá XS là một sàn môi giới uy tín, đáng để gửi gắm niềm tin nhờ năng lực chuyên môn và chất lượng dịch vụ vượt trội. Giao diện nền tảng và đội ngũ hỗ trợ khách hàng bằng tiếng Việt cũng là yếu tố quan trọng, góp phần tạo nên trải nghiệm giao dịch thuận tiện và gần gũi hơn bao giờ hết cho người dùng trong nước.
Police in Ho Chi Minh City have arrested a luxury car driver and an accomplice following a violent road rage confrontation in the city center, highlighting growing concerns over public order and aggressive behavior in Vietnam’s rapidly expanding urban traffic environment.
Authorities confirmed that Ma Thanh, 49, the driver of a Bentley, and Ngo Duy Dong, 49, were urgently detained on February 12 on allegations of disturbing public order after reportedly chasing and assaulting another motorist following a traffic collision.
Altercation Erupts After Late-Night Collision
Investigators said the incident occurred around 2:30 a.m. two days earlier at a busy downtown intersection involving Nguyen Trai and Nguyen Van Trang streets in District 1, one of Ho Chi Minh City’s busiest commercial areas.
According to police findings, Thanh’s Bentley collided with a ride-hailing vehicle driven by a 34-year-old driver, who was transporting a 39-year-old passenger. Both vehicles stopped in the middle of the intersection to resolve the incident, but the situation quickly escalated into a heated argument.
Shortly afterward, Dong arrived at the scene on a motorcycle and allegedly joined Thanh in physically confronting and chasing the passenger. The altercation reportedly caused significant disruption to traffic and public order before traffic police and local officers intervened and restored calm.
Authorities Warn Against Escalating Traffic Disputes
Police said the two suspects’ actions created public disorder and obstructed traffic flow in a high-density area, prompting immediate legal action. The individuals involved were later taken in for questioning as investigators continue to examine the case.
Ho Chi Minh City police noted that many minor traffic incidents in Vietnam escalate unnecessarily when drivers fail to remain calm, sometimes leading to violence or injury. Authorities warned that aggressive behavior following traffic accidents can result in administrative penalties or criminal charges, depending on the severity of the incident.
Officials are urging drivers and residents to handle traffic disputes through lawful and civil channels, particularly as Vietnam’s major cities continue to experience rising traffic volumes alongside rapid economic growth and increased vehicle ownership.
Vietnamese authorities have arrested and extradited two South Korean nationals wanted under Interpol Red Notices, underscoring the country’s growing role in cross-border law enforcement cooperation.
Police in Bac Ninh province, working alongside Vietnam’s Ministry of Public Security, confirmed they detained the suspects earlier this month before formally handing them over to South Korean authorities at Hanoi’s Noi Bai International Airport.
High-Interest Illegal Lending Scheme
The two suspects — Jo Jungwoo, 27, and Sim Hyeonjoon, 24 — are accused of operating within an illegal private lending network in South Korea that allegedly charged excessively high interest rates.
According to South Korean investigators, Jo served as the chief executive of the illicit financial operation between July 2024 and September 2025, conducting 691 lending transactions with interest rates reaching as high as 49.1%, significantly above legal limits. Authorities allege the scheme generated substantial illegal profits.
Sim, identified as a member of the same lending organization, reportedly carried out 503 lending transactions between February and September 2025, with interest rates ranging from 28% to 49.1%, also violating South Korean financial regulations.
A branch of the Suwon District Court issued arrest warrants for both suspects in November 2025. Interpol subsequently issued international Red Notices in January 2026, enabling global law enforcement agencies to locate and detain them.
Arrest and Extradition in Vietnam
Vietnamese authorities located the suspects in early January after intelligence indicated they were hiding in Dong Nguyen ward, Bac Ninh province, an industrial hub located near Hanoi that hosts large foreign-invested manufacturing zones.
Following coordinated surveillance and investigation, Vietnamese police arrested both individuals on February 8. Officials reported that the suspects later admitted to their criminal activities during questioning.
The two men were formally handed over to South Korean authorities on February 9 at Noi Bai International Airport and were immediately transported back to South Korea to face prosecution.
Strengthening International Law Enforcement Cooperation
The case highlights Vietnam’s expanding cooperation with international policing agencies, particularly in cases involving financial crimes and foreign fugitives. As Vietnam continues to attract foreign investment and expatriate communities, authorities have placed increasing emphasis on cross-border law enforcement collaboration to maintain financial and public security standards.
The swift arrest and extradition also reflect Vietnam’s commitment to international legal norms and its growing integration into global crime-prevention networks.
Hanoi will roll out nine consecutive days of free metro travel during Vietnam’s busiest holiday season, a move aimed at easing congestion, boosting tourism, and encouraging greater use of public transport.
The Hanoi Metro announced that passengers will enjoy 100% free single-trip tickets from February 14 to February 22, 2026, covering the peak travel period surrounding the Lunar New Year (Tet) — Vietnam’s most important annual holiday when millions travel to visit family and celebrate.
Free Travel Across Two Major Metro Lines
The promotion applies to Hanoi’s two operational urban rail routes:
Cat Linh – Ha Dong Line (Line 2A)
Nhon – Hanoi Station Line (Line 3.1)
Passengers can access the free tickets through the official Hanoi Metro mobile app or directly at station counters.
The initiative targets both residents and international visitors, as Hanoi typically experiences a surge in domestic tourism, cultural events, and seasonal travel during Tet.
Extended Hours to Handle Holiday Travel Surge
Alongside the free-ticket policy, metro operators will significantly adjust service schedules to match shifting travel demand throughout the holiday period.
Key operational changes include:
February 13 (Pre-Tet peak travel day) Services run from 5:30 a.m. to midnight, with trains every 6 minutes during peak hours and 10–15 minutes during off-peak periods.
February 14–15 (Two days before New Year’s Eve) Operating hours from 5:30 a.m. to 10:00 p.m., with roughly 10-minute intervals.
February 16 (New Year’s Eve travel surge) Extended service from 5:30 a.m. until 2:00 a.m. the following day, supporting late-night shopping and family travel.
Tet Day (February 17) Reduced schedule from 10:00 a.m. to 6:00 p.m.
February 18–19 (Early Tet celebrations) Operating hours gradually expand from 8:00 a.m. to 7:00 p.m. and 6:00 a.m. to 8:00 p.m.
February 20–22 (Return travel period) Service runs from 5:30 a.m. to 10:00 p.m., with trains every 10–15 minutes.
Outside the Tet holiday window, metro operations will return to their regular timetable.
Supporting Tourism and Urban Mobility
Hanoi Metro said the free-ride program is designed as a holiday initiative for residents and visitors while reinforcing long-term public transport adoption. Authorities also plan to increase staffing levels across stations and operations centers to maintain safety, assist passengers, and manage higher-than-normal traffic volumes.
The policy reflects Hanoi’s broader push to expand modern urban transit infrastructure, as the capital works to reduce chronic road congestion and improve accessibility for both residents and the growing number of international travelers exploring the city during major cultural festivals.
Vietnam has secured a spot among the world’s Top 10 countries to retire in 2026, marking a significant milestone for the Southeast Asian nation as it gains attention from global retirees seeking affordability, lifestyle quality, and long-term growth potential.
The ranking, released by France-based retirement advisory platform Retraite sans Frontières, highlights Vietnam as an emerging alternative to traditional retirement hubs. The country placed 9th globally, driven by its strong balance between cost of living, improving infrastructure, and diverse lifestyle options — a combination increasingly appealing to retirees from Europe and beyond.
Why Vietnam Is Rising on the Retirement Radar
The report comes amid a growing trend of European retirees relocating abroad to stretch their pensions while improving their quality of life. According to Paul Delahoutre, founder of Retraite sans Frontières, retirees who move overseas can reduce daily expenses by 15% to 50% compared to living in France.
To compile its annual ranking, the organization assessed countries across 12 key criteria, with cost of living carrying the highest weighting at 20%. Other major factors included climate, healthcare quality, safety, accessibility of public services, transportation infrastructure, and tax policies affecting foreign pension income.
Vietnam scored particularly well for its relatively low living costs, vibrant urban and coastal lifestyle choices, and rapidly improving healthcare and infrastructure systems. Cities such as Da Nang, Ho Chi Minh City, and Hanoi have become increasingly attractive to expatriates due to expanding international services, modern housing developments, and growing connectivity.
Competing With Established Retirement Hotspots
Portugal retained its position as the world’s top retirement destination, benefiting from living costs roughly 15% lower than France, strong infrastructure, and geographic proximity to Western Europe. Spain followed closely, supported by its Mediterranean lifestyle, internationally recognized healthcare system, and cultural familiarity for European retirees.
Elsewhere in the ranking, Southeast Asia continues to strengthen its appeal. Thailand remains a long-standing favorite for affordability and lifestyle convenience, while Indonesia — particularly Bali — continues to attract retirees despite challenges linked to healthcare standards and geographic distance from Europe.
Other destinations in the top 10 include Greece, Mauritius, Morocco, Tunisia, and Senegal, each offering distinct lifestyle advantages and competitive living costs.
A Long-Term Opportunity for Vietnam
Vietnam’s debut in the top 10 reflects broader structural changes within the country. Continued investment in urban development, transport infrastructure, and international healthcare facilities is reshaping Vietnam into a viable long-term base for foreign retirees and expatriates.
As global retirement patterns evolve and pension sustainability becomes a growing concern in developed economies, Vietnam’s mix of affordability, cultural richness, and economic momentum positions it as a destination to watch in the coming decade.
In 2026, Vietnam is no longer viewed merely as a garment manufacturing hub. The country is increasingly emerging as a strategic fabric sourcing destination, a shift driven not only by global apparel brands seeking supply chain resilience, but also by foreign textile manufacturers, including major Chinese groups, relocating upstream production into Vietnam.
The industry enters 2026 with strong momentum and clear ambition. After achieving USD 46–47 billion in export turnover in 2025, Vietnam has firmly consolidated its position as the world’s third-largest textile and apparel exporter. Building on this foundation, industry leaders are now targeting approximately USD 50 billion in export value in 2026.
This objective represents more than continued recovery. It signals a structural transformation within Vietnam’s textile ecosystem, moving beyond garment assembly toward deeper vertical integration, expanded fabric production capacity, and stronger upstream control.
While garments still account for the majority of export value, the most strategic evolution is taking place further up the value chain in: yarn production, knitting, dyeing, and textile processing.
In 2026, the leadership conversation is no longer centered on volume alone. It is increasingly focused on value chain control, resilience, and long-term competitiveness.
Why Foreign Textile Groups Are Moving Fabric Production to Vietnam
One of the most important but under-discussed developments is this: Major foreign textile manufacturers, including Chinese groups, are actively expanding fabric production in Vietnam.
This movement is driven by three structural realities:
1. Trade Risk Mitigation
With ongoing geopolitical tensions and trade policy uncertainties, producing fabric in China for garments made in Vietnam creates origin complications for brands exporting to the US and EU. By relocating knitting, dyeing, and printing operations to Vietnam, manufacturers reduce tariff exposure and origin risks.
2. Brand Compliance Requirements
Global brands such as H&M, Old Navy, and premium houses like Cartier increasingly require traceability, sustainability documentation, and certified production environments. Vietnam offers stronger regulatory alignment and growing compliance infrastructure compared to certain inland production clusters elsewhere in Asia.
3. Proximity to Garment Manufacturing
Vietnam already hosts large-scale garment investments serving global brands. Fabric production moving closer to these garment hubs reduces lead time, improves development cycles, and strengthens vertical integration.
This explains why several foreign-owned textile groups have invested in knitting, dyeing, and printing facilities in Southern Vietnam over the past five years. The strategic logic is clear: control fabric production at the same origin as garment assembly.
This video offers a practical look at how Vietnam’s textile leadership is translating strategy into execution in 2026. From fabric development to integrated manufacturing capabilities, it highlights how Vietnamese suppliers are moving beyond CMT toward higher-value fabric production and supply chain control.
From CMT to Fabric Governance
Historically, Vietnam’s textile industry relied heavily on imported fabric and yarn, particularly from China. Garment factories operated under a CMT (Cut-Make-Trim) model with limited upstream influence.
That model is being recalibrated.
In 2026, leadership within Vietnam’s textile ecosystem is focused on:
Increasing domestic yarn sourcing
Expanding spinning capacity
Investing in knitting, dyeing, and digital printing technologies
Implementing lab-based quality testing and OEKO-TEX® Standard 100 compliance
A notable development is that more factories are now sourcing yarn domestically, rather than relying entirely on imports. This enhances origin qualification under trade agreements and shortens supply cycles. It also reduces exposure to cross-border volatility.
This shift represents a move from labor arbitrage to supply chain governance.
The China Factor: Competition or Strategic Extension?
The narrative is often framed as “Vietnam versus China.” In reality, the relationship is more nuanced.
Many Chinese textile groups are not exiting the industry, they are rebalancing geographically. Vietnam is becoming an extension of regional production strategy rather than a competitor in isolation.
Chinese technical expertise in dyeing, machinery maintenance, and production engineering is often transferred into Vietnam operations. Meanwhile, Vietnam provides tariff advantages, political stability, and expanding compliance alignment.
The result is hybrid leadership: Chinese industrial capability operating within Vietnam’s trade architecture.
For global brands, this creates a new sourcing equation:
Comparable technical standards
Lower geopolitical exposure
Competitive but slightly premium pricing
Shorter lead time between fabric and garment
Guillaume Rondan, CEO of MoveToAsia, one of Vietnams’s leading sourcing agency
Major brands are not expanding sourcing in Vietnam solely for cost reasons.
In 2026, procurement strategies are influenced by:
Carbon footprint tracking
Wastewater management standards
Chemical control compliance
Speed-to-market
Supply chain resilience
Vietnam’s modern textile factories increasingly integrate:
Online fabric inspection camera systems
Lab dips and Pantone color approval workflows
Color fastness and shrinkage testing labs
Digital printing for lower MOQ sampling
Industrial wastewater treatment systems meeting environmental regulations
This operational maturity is critical for brands that must publicly report ESG metrics and supply chain transparency. Vietnam is not competing only on price. It is competing on predictability.
Vertical Integration as Strategic Leadership
The transformation of Vietnam’s textile industry in 2026 is not merely about expanding capacity — it is about redefining control through vertical integration.
1. From Fragmented Production to Coordinated Ecosystems
Historically, Vietnam’s garment sector relied heavily on imported fabrics, with dyeing, printing, and upstream processes often located in other countries. This fragmented model limited flexibility and exposed brands to logistical and geopolitical risks. Today, as fabric production, dyeing, printing, and garment assembly increasingly operate within the same country, and often within connected industrial clusters, the supply chain becomes structurally more synchronized. Development cycles move faster, technical adjustments are resolved more efficiently, and production planning becomes more predictable.
For international apparel companies, vertical integration translates into tangible operational benefits. Sampling lead times are reduced because fabric and garment teams collaborate locally. Inventory risk declines as production timelines align more closely with demand forecasting. Compliance monitoring becomes more transparent under a unified regulatory framework. At the same time, brands gain clearer cost visibility across fabric processing and assembly stages, improving margin planning and pricing strategy.
3. From Manufacturing Base to Supply Chain Anchor
Most importantly, vertical integration strengthens Vietnam’s strategic positioning in the global textile hierarchy. By expanding domestic yarn sourcing and fabric production capacity, the country reduces dependency on imported inputs and enhances origin qualification under trade agreements. This shift moves Vietnam beyond a labor-driven manufacturing role toward becoming a supply chain anchor — a partner capable of contributing to resilience, governance, and long-term value creation.
Looking Ahead: Structural Expansion, Not Temporary Shift
The expansion of fabric sourcing in Vietnam in 2026 should not be interpreted as a short-term diversification strategy or a cyclical response to geopolitical uncertainty. Rather, it reflects a broader structural realignment of global textile supply chains. Trade dynamics are being recalibrated, foreign direct investment is flowing more decisively into upstream textile production, and foreign manufacturers are strategically relocating fabric operations closer to garment clusters in Vietnam.
At the same time, domestic yarn production capacity is gradually strengthening, enabling greater localization and improved origin qualification under trade agreements. Environmental governance is also becoming more robust, with increasing investment in wastewater treatment systems, compliance infrastructure, and standardized quality control processes. These developments are unfolding alongside rising expectations from global brands, which now demand not only competitive pricing but also transparency, traceability, and sustainability.
Taken together, these shifts signal a deeper transformation. Vietnam’s role in the global textile industry is evolving from that of an assembly partner to a more influential supply chain anchor, one that participates meaningfully in upstream decision-making and value creation.
For international brands seeking long-term resilience in Asia, fabric sourcing in Vietnam is no longer a tactical alternative. It is increasingly a strategic imperative.
34 passengers escape unharmed after overnight blaze on major highway in Central Vietnam
As millions of Vietnamese travel home for the Lunar New Year—one of Southeast Asia’s largest annual human migrations—a passenger bus carrying 34 people erupted into flames on a key national highway, underscoring the hidden safety risks behind one of the region’s busiest travel seasons.
The incident occurred around 2:00 a.m. on February 12 along National Highway 1 in Dak Lak province, a critical north–south transport artery connecting Vietnam’s economic centers. The bus, traveling from south to north, reportedly caught fire from the rear while en route to deliver passengers home for Tet, the Vietnamese Lunar New Year. All 34 passengers and the driver evacuated safely before the blaze intensified.
Within minutes, the fire engulfed the vehicle, leaving only its skeletal frame. Preliminary damage estimates place losses at approximately 3 billion VND (roughly $120,000). Local authorities confirmed there were no injuries, and passengers were transferred to another vehicle to continue their journey home.
The timing is significant. Tet triggers one of the largest seasonal travel surges in Asia, comparable in scale to China’s Lunar New Year migration. Highways, airports, and railways across Vietnam experience intense pressure, with millions returning to their hometowns. While Vietnam has made measurable progress in road safety over the past decade, holiday traffic spikes often strain transport systems, increasing the risk of mechanical failures and accidents.
For international observers, the story reflects a broader reality: as Vietnam’s economy expands and domestic mobility accelerates, infrastructure resilience and transport safety become increasingly critical. National Highway 1, the backbone of the country’s road network, carries enormous freight and passenger volumes linking industrial hubs, tourism centers, and rural provinces. Incidents during peak seasons highlight the importance of vehicle inspections, fire safety compliance, and regulatory oversight in a fast-growing market.
Authorities are investigating the cause of the fire. But beyond this single event lies a larger question for a country positioning itself as a rising Southeast Asian powerhouse: can infrastructure and safety standards keep pace with rapid economic growth and rising mobility demand?
On February 11, Da Nang City Police announced the arrest of 13 suspects involved in an online fraud ring that allegedly defrauded victims of approximately VND 100 billion (about USD 4 million). The suspects were detained immediately after entering Vietnam from Cambodia to celebrate the Lunar New Year.
According to the Criminal Police Department of Da Nang City Police, authorities successfully dismantled investigation case No. 126L and issued decisions to prosecute and temporarily detain the suspects for “using computer networks, telecommunications networks, and electronic devices to appropriate assets.” The legal actions were approved by the Da Nang People’s Procuracy.
The detained suspects include Duong Van Khoi (34), Pham Tri Nghi (36), Le Van Linh (25), Dao Van Huy (34), Dao Van Hai (29), all from Bac Ninh Province, along with Dao Minh Chien, Vu Truong Giang, Vu Van Nam, Ha Viet Ly, Ong Thi Nhung, Nguyen Van Bac, Bach Van Long, and Ngo Tri Cong. Authorities are continuing to verify background details of several suspects.
Investigators said that in early September 2025, cyber monitoring efforts revealed that the group created multiple fake Vietcombank fan pages under the name “Credit Card Issuance Support – VCB Ngoai Thuong.” They used virtual call center numbers to impersonate bank employees, persuading victims to apply for credit cards and then scamming them out of money.
For example, on September 9, 2025, the suspects allegedly defrauded nearly VND 15 million from a victim in Hoa Xuan Ward, Da Nang. The stolen funds were converted into electronic vouchers, game cards, and electronic devices such as phones and tablets purchased from e-commerce platforms, then resold to legitimize the money.
The group reportedly used virtual call centers and VOIP calling software to hide their identities and avoid detection. After further investigation, authorities formally established case 126L on January 14, 2026.
Police determined that the organization operated as a transnational criminal network led by Nguyen Van Hung, who allegedly managed about 23 members working in a building in Bavet City, Svay Rieng Province, Cambodia.
Members were assigned specific roles, including contacting victims, verifying victims’ financial capability and requesting transfers, and withdrawing and distributing funds within Vietnam. The proceeds were divided with 66% allocated to members in Cambodia and 34% to domestic participants, with payments made in USDT cryptocurrency to avoid detection.
Authorities estimate that since early 2025, the ring has defrauded more than 1,200 victims nationwide, totaling approximately VND 100 billion. The Da Nang Criminal Police Department is continuing to expand the investigation and handle related individuals in accordance with the law.
