Vietnam’s Stock Market Enters a Strong Uptrend, Driven by Liquidity and Investor Confidence

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Vietnam’s stock market is showing strong bullish momentum, with the VN-Index holding firmly above the 1,300-point level, improved liquidity, and growing investor confidence.

Since surpassing 1,300 points on February 24, the index has maintained this key psychological threshold for 13 consecutive sessions, accumulating nearly 38 points (+2.9%). Market liquidity has also improved significantly, with eight consecutive trading sessions exceeding VND 20 trillion ($800 million) in transaction value.

While the VN-Index briefly wavered due to global market volatility, particularly sharp declines in U.S. stocks, key sectors such as banking, real estate, and securities provided support, preventing a significant pullback.

Vietnam’s Stock Market Outperforms Regional Peers

Since the start of 2024, the VN-Index has climbed nearly 68 points (+5%), outperforming major regional markets, including Malaysia, Shanghai (China), Singapore, and South Korea, according to Dragon Viet Securities (VDSC).

In an exclusive interview with Vietnam Insider, Mr. Duong Ngoc Dung, a seasoned investor with nearly 20 years of experience in both Vietnam and international stock markets, highlighted that the current uptrend began in late 2024.

“The market initially showed signs of an uptrend at the end of last year, and in 2025, we are witnessing an accumulation phase, with fluctuations mainly around 1,200-1,300 points. Now that the index has firmly surpassed 1,300, we can confirm that a new growth cycle is unfolding, offering substantial upside potential,” he stated.

Retail Investors Drive Market Growth

A key driver of the uptrend has been the strong buying power from domestic individual investors, who recorded a net buying volume of over VND 9 trillion ($360 million) on HoSE in February.

The surge in market participation is evident, with newly opened accounts nearly doubling in February compared to January, bringing the total number of domestic retail investor accounts to 9.48 million—equivalent to 9.4% of Vietnam’s population.
This surge reflects growing investor confidence, supported by the government’s flexible and proactive market policies, creating a solid foundation for long-term growth.

Market Upgrades and Economic Stimulus to Fuel Further Gains

Several upcoming developments are expected to further strengthen Vietnam’s stock market:

  •  FTSE Russell market upgrade prospects – A potential reclassification of Vietnam’s stock market could attract large foreign institutional investments.
  • KRX Trading System – The launch of the Korea Exchange (KRX)-powered system will enhance market transparency, efficiency, and order processing speed.
  • Government stimulus and public investment – Policies to support private enterprises and boost infrastructure spending will provide a strong foundation for corporate earnings growth.
    Strategic Investment Outlook

Looking ahead, Mr. Dung advises investors to take advantage of market consolidations to accumulate quality stocks with clear growth potential rather than chasing speculative stocks that have surged too high.

“Mid-cap stocks are presenting great opportunities during periods of market consolidation. Investors should focus on companies with strong fundamentals and clear growth trajectories instead of speculative stocks, which may face sharp corrections,” he noted.

With liquidity improving, investor participation rising, and strong economic tailwinds, Vietnam’s stock market appears well-positioned for a sustained uptrend in 2025 and beyond.

Vietnamese Cybersecurity Experts Help Bybit Investigate Historic $1.5 Billion Hack

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Vietnamese cybersecurity firm Verichains played a crucial role in investigating the $1.5 billion cryptocurrency hack that hit Bybit, marking one of the largest cyberattacks in crypto history.

Verichains’ Swift Response to the Attack

On February 21, hackers exploited Bybit’s cold wallet, stealing 400,000 ETH. Upon learning of the breach, Thanh Nguyen, founder of Verichains, immediately mobilized his team. Within hours, they coordinated with Bybit and flew to Dubai to analyze the incident.

Just three days later, Verichains released a detailed 28-page report, the first comprehensive analysis of the breach. Their findings confirmed that the attack originated from Safe, a third-party multisignature wallet service used by Bybit. Hackers—later linked to Lazarus Group—manipulated JavaScript code to create a fraudulent transaction, tricking Bybit’s signers into unknowingly approving the transfer.

Bybit CEO Ben Zhou praised the Verichains team, stating: “They are probably the most knowledgeable cybersecurity experts in the world. I was truly surprised and impressed when I learned they were from Vietnam.”

Who Is Verichains?

Founded in 2017, Verichains has emerged as one of the world’s leading blockchain security firms, providing security solutions for over 200 global clients, including Binance, Galaxy Digital, Polygon, BNB, Aptos, and Kakao. The company has previously assisted in handling some of the biggest crypto hacks, such as: The $600 million Binance Smart Chain bridge attack; The $650 million Ronin bridge hack affecting Sky Mavis in 2022

In March 2023, Verichains launched Revela, a tool designed to enhance blockchain transparency and security, earning high praise from industry leaders like Aptos co-founder Mo Shaikh.

Bybit’s Security Overhaul

Following the breach, Bybit has committed to major security upgrades, with CEO Ben Zhou personally overseeing cybersecurity measures.
The company is adopting “bank-level” security protocols to enhance asset protection. Weekly security reports will be reviewed at the highest level.
Bybit plans to strengthen its partnership with Verichains for ongoing security improvements.

Despite the hack, Bybit’s trading volume surged past $48 billion by February 26, with liquidity levels exceeding pre-attack figures.
“This incident is a wake-up call for the entire crypto industry. We see it as an opportunity to strengthen security and build a more resilient ecosystem,” a Bybit representative stated.

Google Introduces Gemma 3: A Super Lightweight AI Model

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Google has unveiled Gemma 3, a new artificial intelligence (AI) model designed for exceptional efficiency and low resource consumption, capable of running on a single graphics processing unit (GPU).

The launch comes as part of Google’s effort to compete with DeepSeek’s R1, the Chinese AI model known for its ability to operate effectively on older-generation hardware.

Gemma 3: Google’s Most Efficient AI Model Yet

More than a year after releasing the first two versions of its Gemma AI model, Google has introduced Gemma 3, an upgraded version designed for maximum efficiency. According to an official blog post, Gemma 3 is an open-source AI model that enables developers to create AI-powered applications that run on a wide range of devices—from smartphones to workstations.

What sets Gemma 3 apart is its minimal hardware requirements. Unlike traditional AI models that demand massive server systems, Gemma 3 can run smoothly on a single Nvidia GPU or specialized AI hardware. Google claims that Gemma 3’s performance surpasses that of competitors such as Meta’s Llama, OpenAI’s GPT, and DeepSeek’s R1, particularly in terms of cost-effectiveness and efficiency.

According to Chatbot Arena, a platform that benchmarks AI models, Gemma 3 achieves 98% of DeepSeek R1’s performance score. However, while DeepSeek R1 requires 32 Nvidia H100 GPUs to operate at full capacity, Gemma 3 delivers nearly identical performance using just one. This marks a significant breakthrough in AI optimization, allowing for lower costs and broader accessibility.

Advanced AI Capabilities and Ethical Safeguards

Google has equipped Gemma 3 with a wide range of AI capabilities, enabling it to process text, images, and videos, and even generate multimedia content based on user descriptions. To ensure ethical AI usage, Google has integrated ShieldGemma 2, an advanced content moderation system that filters inappropriate or harmful visual content, preventing the generation of explicit, violent, or misleading material.
The New AI Race: Balancing Efficiency and Cost

The launch of Gemma 3 underscores a shifting trend in AI development—one that prioritizes efficiency and cost-effectiveness over sheer processing power.

When DeepSeek R1 made headlines earlier this year, the AI world took notice. DeepSeek claimed to have built and deployed R1 for just $5.6 million, a fraction of the billions spent by U.S. tech giants on their AI models. Moreover, DeepSeek developed R1 using older AI chips, a necessity due to U.S. trade restrictions limiting China’s access to high-end semiconductors. Despite this, R1 demonstrated remarkable processing power and speed, challenging the dominance of Western AI models.

DeepSeek’s disruptive entry into the market sparked a new AI competition—one where efficiency and affordability became as crucial as intelligence and computational strength. With Gemma 3, Google is proving that U.S. tech companies can also produce highly efficient, cost-effective AI models, intensifying the U.S.-China AI rivalry.

What’s Next?

As AI continues to evolve, the battle for dominance is no longer just about performance—it’s about making AI accessible, scalable, and cost-efficient. With Gemma 3, Google is setting a new standard for lightweight, high-performing AI models, posing a direct challenge to DeepSeek and reinforcing its position in the AI arms race.

As competition heats up, the AI industry is moving toward a future where powerful AI can be deployed on minimal hardware, opening the door for broader adoption across industries worldwide. The next phase of AI innovation will likely focus on balancing intelligence with economic feasibility, reshaping the landscape of artificial intelligence as we know it.

Vietnam Faces Shortage of Short-Haul Flights: Opportunities for Growth in Domestic Air Transport

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Vietnam’s domestic air transport sector is grappling with a shortage of short-haul flights, a situation that limits the efficiency of its aviation network and economic potential.

According to ATR, the world’s leading short-haul aircraft manufacturer, only a small fraction of Vietnam’s fleet is dedicated to short-haul routes, which are crucial for improving connectivity across the country.

A Narrow Focus on Long-Haul Flights

Currently, a significant portion of domestic flights in Vietnam relies on larger aircraft, with 25% of flights on routes under 550 kilometers using planes that are not cost-effective or frequency-optimized for these distances. This practice leads to inefficiencies, particularly given that smaller, more efficient aircraft could significantly improve the cost-effectiveness of these short routes. As Jean-Daniel Kosowski, ATR’s Business Director, pointed out, “Vietnam operates just 2% of its total fleet as short-haul aircraft, whereas Japan’s ratio is 17%, and the global average stands at 25%.”
The problem lies in the underutilization of smaller regional airports. With 90% of domestic flight traffic concentrated at just 10 out of 22 airports in Vietnam, many local airports remain underused, hindering the country’s potential to develop a more balanced air transport network.

The Potential of Short-Haul Aviation

A recent in-depth report published by ATR and TEDI highlights the significant opportunities for short-haul air transport in Vietnam. The study identifies 149 domestic routes within a range of 555 kilometers, a distance ideal for small aircraft. Of these, 87 routes exhibit high traffic potential, yet remain underdeveloped. To serve these routes efficiently, Vietnam would need approximately 25 ATR 72-600 aircraft, a highly fuel-efficient and cost-effective solution for these distances.

Short-haul aviation offers tremendous economic and social benefits. Studies show that increasing the frequency of short-haul flights by just 10% could boost local tourism by 5%, local GDP by 6%, and foreign direct investment by 8%—a powerful argument for investing in this part of the aviation market.

Screens inside a Vietnam Airlines’ Airbus A350 aircraft, April 2019. Photo by VTC.
Vietnam’s Growing Aviation Market

Vietnam’s aviation industry is expanding rapidly. Domestic air transport growth is forecast to exceed 20% annually from 2023 to 2027, driven by a rising demand for air travel across the country. The government’s revised plan to increase the number of approved airports from 22 to 30 by 2030 further emphasizes the importance of short-haul flights in connecting communities and unlocking economic potential across Vietnam.
In this context, short-haul air transport is not just a complementary service to road transport, but a critical component in improving mobility, linking small cities, and ensuring that the benefits of economic growth are more evenly distributed across the country.

To optimize the domestic aviation network and meet the growing demand for air travel, Vietnam must prioritize the development of short-haul aviation. This will require expanding the fleet of smaller aircraft, better utilizing regional airports, and improving connectivity across the country. By doing so, Vietnam can unlock the full potential of its aviation sector, driving economic growth, boosting tourism, and fostering stronger connections within the region.

Bà Rịa-Vũng Tàu Seafood Processors Struggle with Raw Material Shortages Amid Export Boom

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Seafood processing businesses in Bà Rịa-Vũng Tàu Province are facing a severe shortage of raw materials, even as demand surges in international markets.

To sustain production, companies are resorting to stockpiling supplies and importing seafood from overseas.

Industry in Crisis: Supply Shortages Disrupt Operations

The supply crunch has significantly impacted Bà Rịa-Vũng Tàu Seafood Processing, Import and Export JSC, forcing the company to source materials from across Vietnam—but even that is not enough.

“Despite procuring raw materials locally and nationwide, we still cannot meet customer demand,” said Nguyễn Công Huyên, Deputy General Director. Currently, domestic supply meets only 40–50% of the company’s requirements.

To bridge the gap, the firm is importing raw seafood from Southeast Asia and Europe and investing in cold storage facilities to stockpile materials. These efforts are crucial in helping the company reach its ambitious export target of $60 million in 2025.

Meanwhile, Thuận Huệ Production Service and Trading Corp has been forced to cut export targets and temporarily lay off workers for two months each year due to supply constraints.

To mitigate these challenges, the company is:
✔ Freezing raw materials to build reserves of up to 500 tonnes
✔ Expanding processing lines to diversify product offerings
✔ Shifting focus to processed squid products to maintain export volume and job stability

“If we continue relying on traditional product lines, we will struggle with increasingly scarce raw materials,” said Đồng Thị Huệ, Director of Thuận Huệ Corp.

Impact on Bà Rịa-Vũng Tàu’s Seafood Sector

Home to 175 seafood processing and trading businesses, Bà Rịa-Vũng Tàu is a key hub for processed seafood exports, including surimi, fish, squid, octopus, and crab. The beginning of the year is typically a high-demand period for exports, but the raw material shortage has crippled production capacity.

According to the Bà Rịa-Vũng Tàu Department of Industry and Trade, the province’s seafood exports totaled over $31 million in the first two months of 2025, reflecting a 4.61% decline year-on-year.

While the province’s annual seafood catch stands at 350,000 tonnes, this falls short of the needs of local processors. Businesses are increasingly relying on imports to sustain operations, but this short-term fix fails to address the root cause of supply shortages.

The Road Ahead: Securing a Sustainable Supply

To ensure long-term stability, Vietnam’s seafood industry must adopt sustainable sourcing strategies, including:

  • Developing sustainable aquaculture projects to boost domestic supply
  • Strengthening supply chain partnerships to reduce dependence on imports
  • Expanding cold storage infrastructure to stockpile materials during peak seasons

With global demand for Vietnamese seafood on the rise, addressing these challenges will be critical for maintaining export competitiveness and securing the future of the industry.

New air routes to link Da Nang with Kazakhstan

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Kazakhstan’s national flag carrier Air Astana and SCAT Airlines are set to launch direct flights from Almaty and Astana to Đà Nẵng starting this June, further strengthening air connectivity between the two countries.

This expansion follows successful discussions between the airlines and Airports Corporation of Vietnam (ACV).

Expanding Air Links Between Vietnam and Kazakhstan

According to ACV-Đà Nẵng, Air Astana will begin its Almaty-Đà Nẵng route on June 4, increasing its weekly flights to Vietnam to nine, including
four flights between Almaty and Nha Trang;  three flights between Astana and Nha Trang;  flights to Phú Quốc and Đà Nẵng.

Meanwhile, SCAT Airlines is finalizing its schedule to launch direct flights from Astana to Đà Nẵng, following its successful operations in 2023 from Almaty to Cam Ranh (Khánh Hoà) and Phú Quốc.

This move highlights the growing cooperation between Kazakhstan and Đà Nẵng, following the signing of a Memorandum of Understanding on Friendship and Cooperation with Aktau earlier this year.

Boosting Tourism and Investment in Đà Nẵng

Đà Nẵng, a top coastal destination in Vietnam, has been actively promoting tourism partnerships across Asia. The city previously hosted a FAM trip for leading travel agencies from Kazakhstan, Uzbekistan, and the Philippines, aiming to foster new tourism links and encourage direct air routes.
Beyond Kazakhstan, Đà Nẵng is strengthening its position as an international aviation hub, with several new flight routes launching in 2024:

  • Cebu Pacific Air operates seven flights per week between Manila and Đà Nẵng
  • Royal Air offers four weekly chartered flights from the Philippines
  • Vietnam Airlines will launch Đà Nẵng-Bangkok (March 30) and Đà Nẵng-Osaka (July) routes
  • Myanmar Airways will introduce two weekly flights from Yangon to Đà Nẵng, starting April 2
Đà Nẵng’s Growing Aviation Infrastructure

In 2024, Đà Nẵng International Airport handled 13.4 million passengers, including 6.2 million international arrivals, while cargo volume reached 32,400 tonnes. The airport now serves 24 direct routes, with 16 international connections, and operates 90 to 140 flights daily.

With the new Kazakhstan routes, Đà Nẵng continues to strengthen its position as a key gateway for international tourists and investors, further boosting economic and tourism growth in Vietnam.

How to Find Suppliers with AI : a guide for Sourcing with AI

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The manufacturing sector in Southeast Asia has attracted substantial international business due to competitive labor costs and a strategic location. However, finding reliable suppliers remains a challenge, especially for SMEs. While Artificial Intelligence (AI) offers exciting possibilities for streamlining sourcing, it’s crucial to recognize its current role as a powerful assistant that enhances, rather than replaces, human expertise and traditional methods.

The Rise of AI in Sourcing

AI technologies are emerging as valuable tools for enhancing traditional sourcing methods by processing large datasets to identify potential suppliers more efficiently. According to the “Growing Up: Navigating Gen AI’s Early Years” survey, in 2024, among 800 senior business leaders who were surveyed, 72% of them use AI weekly, a significant rise from 37% in 2023.

As businesses are becoming more and more accepting of using AI, so does the sourcing service. In recent years, AI is transforming sourcing by making it easier to find and evaluate suppliers. It can scan online directories, industry reports, and news sources to create a list of suppliers based on factors like product type, certifications, and production capacity. AI also helps assess risks by analyzing financial records, customer reviews, and news articles to check a supplier’s reliability and compliance with regulations. Additionally, AI-powered translation tools improve communication by breaking language barriers, making it easier for international buyers to work with Vietnamese suppliers.

In the video below, we look at how five AI tools, including ChatGPT, Gemini AI, Bing AI, Deep Seek, and Claude AI, perform when asked to generate a list of manufacturers in Vietnam.

The Power of a Hybrid Approach: Combining AI and Human Expertise

AI has transformed sourcing by automating research, identifying potential suppliers, and analyzing key data points such as certifications and production capacity. However, while AI offers efficiency, it cannot fully replace traditional sourcing methods. The most effective approach combines AI-driven insights with human expertise to ensure reliability and quality.

One major limitation of AI is the limited online presence of many SMEs. In Vietnam, many small and mid-sized factories do not have websites or digital profiles, meaning AI tools may overlook valuable suppliers simply because they are not easily found online. On-site verification and human evaluation remain essential, as AI cannot conduct factory audits, assess production conditions, or detect quality issues that might not be captured in digital records.

Trust and relationship-building also play a critical role in sourcing. Finding the right supplier is not just about price—it requires cultural understanding, negotiation skills, and long-term collaboration. Strong personal connections lead to better partnerships and more reliable supply chains, something AI alone cannot facilitate.

That said, AI still plays a valuable role in streamlining the initial research process. It can quickly filter suppliers based on key criteria like product category, certifications, and capacity, providing a strong starting point for deeper evaluation. However, manual verification remains crucial—through on-site visits, audits, and face-to-face meetings—to validate production capabilities, ethical practices, and overall supplier credibility.

By combining AI’s efficiency with human expertise, businesses can optimize their sourcing strategy—leveraging technology for speed and scale while ensuring quality and trust through hands-on assessment. This hybrid approach strikes the right balance between automation and the personal touch needed for long-term sourcing success.

The Future of AI in Sourcing: Augmenting Human Capability

>> Related article: Why Vietnam is Poised to Become Southeast Asia’s High-Tech Hub ?

As AI technology advances, its role in sourcing will continue to grow. We can expect AI to become even more useful in several key areas.

One major development is predictive analytics, where AI can analyze historical data to forecast potential supply chain disruptions, quality issues, or cost fluctuations. This allows businesses to take proactive steps to minimize risks before problems arise.

Another area is real-time monitoring. AI-powered sensors and monitoring systems can track production processes, measure quality metrics, and ensure compliance with safety and environmental standards in real time. This enhances transparency and helps maintain consistent quality.

Additionally, AI can improve communication between buyers and suppliers. AI-powered chatbots and virtual assistants can provide instant support, answer supplier questions, and resolve issues more efficiently, reducing delays and misunderstandings.

However, while AI will continue to enhance sourcing, it will not replace human expertise. Human judgment, relationship-building skills, and industry knowledge will remain essential for successful sourcing in Vietnam. AI should be seen as a tool to support and improve decision-making, not as a substitute for human involvement.

Final thought

AI is undoubtedly transforming the sourcing landscape in Vietnam, offering new opportunities for efficiency, cost reduction, and risk management. However, businesses must adopt a balanced approach that integrates AI with human expertise to navigate Vietnam’s complex supplier ecosystem successfully.

The most effective sourcing strategies will leverage AI-driven insights for speed and scalability while maintaining a strong focus on personal relationships, quality assurance, and ethical sourcing practices. By combining technology with industry know-how, businesses can optimize their supply chains and build long-term, sustainable partnerships in Vietnam’s dynamic manufacturing market.

Vietnam and Singapore Strengthen Ties, Expand Cooperation on Subsea Cables and Finance

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Vietnam and Singapore have agreed to deepen cooperation in subsea cable infrastructure, finance, and energy, further elevating their bilateral ties. The agreement was reached during the visit of Vietnam’s Communist Party Chief, Tô Lâm, to Singapore on Wednesday, marking an upgrade to Vietnam’s highest level of diplomatic relations with the city-state.

Singapore is now the third Southeast Asian country—after Malaysia and Indonesia—to establish a comprehensive strategic partnership with Vietnam, reflecting their strengthened economic and technological collaboration.

Related: Here’s how to set-up a foreign invested company in Vietnam

Expanding Cooperation in Digital Connectivity

According to a joint statement, Tô Lâm and Singaporean Prime Minister Lawrence Wong oversaw the exchange of six agreements, with a key focus on undersea cable development, digital connectivity, and cross-border data flow.

Southeast Asia is a crucial hub for submarine cable networks linking Asia and Europe. As demand for AI-driven services and data centers surges, regional countries are expanding their infrastructure to support digital growth. Vietnam, in particular, has ambitious plans to roll out 10 new submarine cables by 2030.

The Vietnam Singapore Industrial Park, which is one of the largest integrated townships and industrial parks co-initiated by the Singapore and Vietnam governments, and jointly developed by Sembcorp Development and Becamex.PHOTO: SEMBCORP DEVELOPMENT

In December, Reuters reported that Singapore-based asset manager Keppel and Vietnam’s Sovico Group were in discussions to develop new undersea fiber-optic cables, aiming to bolster the region’s data center industry. Meanwhile, Vietnam’s state-owned telecom firm Viettel and Singapore’s Singtel signed a preliminary agreement in April last year to build a direct undersea cable link between the two nations, though no construction contract has been finalized yet.

Broader Economic and Investment Cooperation

Beyond digital infrastructure, the two leaders also discussed green development, industrial park expansion, and regional stability. Singapore reaffirmed its commitment to supporting Vietnam in developing international financial centers, a key initiative for Vietnam’s economic growth.
Singapore remains one of Vietnam’s largest foreign investors, pouring in $10.21 billion in 2023, which accounted for 27% of Vietnam’s total foreign investment, according to official data.

With these new agreements, Vietnam and Singapore continue to strengthen their strategic partnership, paving the way for deeper economic, technological, and financial collaboration in the years ahead.

Vietnam: Southeast Asia’s Hottest Tourist Destination on the Rise

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Vietnam is rapidly emerging as one of Southeast Asia’s most sought-after travel destinations, thanks to favorable visa policies, extensive tourism promotion efforts, and global recognition through prestigious international awards.

According to the General Statistics Office, the country welcomed 3.96 million foreign visitors in the first two months of 2025, marking a remarkable 30.2% increase compared to the same period last year. Mainland China remained the largest source market, contributing 955,000 arrivals, followed by South Korea (885,000) and Taiwan (218,000). Meanwhile, India secured the ninth spot among Vietnam’s top 10 visitor markets, with 92,000 Indian travelers choosing the country as their destination this year.

So, what makes Vietnam one of the world’s most popular travel hotspots? Here are the key reasons behind its growing appeal:

1. Convenient Travel Access
Vietnam’s accessibility is a major draw for international visitors, particularly Indian travelers. With direct flights from major Indian cities to Ho Chi Minh City taking just four to six hours—comparable to domestic travel within India—it has become a favored short-haul getaway.

2. Rich Cultural Heritage
With a deep-rooted history, vibrant traditions, and breathtaking natural landscapes, Vietnam offers an immersive cultural experience. Traditional festivals allow visitors to engage with locals and partake in centuries-old customs, making every trip a meaningful journey through time.

3. World-Renowned Cuisine
Vietnam is a food lover’s paradise, known for its fresh, flavorful, and healthy dishes. From steaming bowls of pho to mouthwatering seafood specialties, the country’s diverse culinary scene caters to all tastes—whether dining at street-side vendors or high-end restaurants. Every meal is an adventure waiting to be savored.

4. Affordable Travel Destination
Vietnam remains one of the most budget-friendly destinations in Asia. Compared to other global tourist hotspots, accommodations, meals, and transportation are highly affordable, allowing travelers to enjoy a luxury experience without a hefty price tag.

5. Thrilling Adventure Activities
For adrenaline junkies, Vietnam offers an abundance of adventure sports and outdoor activities. With over 3,000 kilometers of coastline, vast river systems, and breathtaking mountain landscapes, thrill-seekers can enjoy trekking, rock climbing, scuba diving, windsurfing, skydiving, auto racing, and boat racing.

With a combination of stunning landscapes, affordability, cultural richness, and ease of travel, Vietnam is solidifying its position as a must-visit destination in Southeast Asia. As international arrivals continue to surge, the country is set to break new tourism records in 2025.

Vietnam-China Trade Surpasses $31 Billion in First Two Months of the Year

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Vietnam’s trade with China totaled over $31 billion in the first two months of this year, according to the National Statistics Office. China remains Vietnam’s largest import partner and second-largest export destination.

During this period, Vietnam’s exports to China were estimated at $7.9 billion, reflecting a 2.1% decline compared to the same period last year. In contrast, imports from China surged to $23.3 billion, marking a significant 20.7% year-on-year increase.

China continues to be Vietnam’s primary source of imported goods, particularly raw materials essential for domestic production.
In 2023, bilateral trade between Vietnam and China reached a record high of $205 billion, with Vietnam’s exports accounting for $61.2 billion of the total.

Impact of Trump 2.0 and Supply Chain Diversification

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The return of Donald Trump to the presidency in 2025 is set to bring major shifts in global trade policies, supply chains, and economic strategies. With his “America First” agenda back in full force, businesses worldwide are bracing for potential trade disruptions, new tariffs, and an evolving regulatory landscape. As companies face these uncertainties, supply chain diversification has become a critical strategy to mitigate risks and maintain competitiveness in a rapidly changing global economy.

The Resurgence of Trump’s Trade Policies

During his first presidency, Trump imposed significant tariffs on China, Canada, Mexico, and the European Union, leading to a reconfiguration of global trade relationships. With Trump 2.0, there is strong speculation that he will reintroduce or even expand these tariffs, especially targeting Chinese imports. The administration’s aggressive stance on reducing dependence on China could lead to further decoupling, pushing businesses to seek alternative manufacturing hubs.

Businesses are facing the prospect of new tariffs, including a 10% levy on Chinese imports in 2025, alongside broader reciprocal tariffs and trade restrictions targeting China, Japan, South Korea, and the European Union. India has also emerged as a potential focus of Trump’s tariff strategy. Rather than a blanket policy, the administration is adopting a customized approach for each country. While some tariffs have been temporarily paused for Canada and Mexico, they still face additional trade restrictions. The possibility of broader tariff reinstatements remains high, creating uncertainty for global supply chains. As a result, companies reliant on Chinese and North American manufacturing could experience higher costs, supply chain bottlenecks, and longer lead times. In response, businesses are increasingly looking to Vietnam, Thailand, Indonesia, and Malaysia as key alternatives to mitigate risks from shifting trade policies.

To gain deeper insights into how businesses are adapting to shifting global trade policies and why Vietnam is emerging as a key alternative to China, this insightful video explores real-world strategies, expert perspectives, and the factors driving supply chain diversification in 2025. Discover the opportunities and challenges shaping Vietnam’s growing role in global manufacturing.

Why Supply Chain Diversification Matters

In an era of uncertain U.S. trade policies and evolving global dynamics, supply chain diversification has become a necessity rather than a choice. Relying on a single manufacturing location exposes businesses to risks such as tariffs, trade bans, and geopolitical tensions. By diversifying sourcing strategies, companies can enhance resilience, reduce dependency, and ensure long-term stability.

Key benefits of supply chain diversification include:

  • Cost Optimization – Relocating production to countries with lower labor and operational costs helps offset tariff impacts.
  • Risk Mitigation – A multi-sourcing approach minimizes exposure to geopolitical instability, labor shortages, and logistics disruptions.
  • Faster Adaptation – Businesses with flexible supply chains can swiftly respond to market shifts and regulatory changes.
  • Competitive Advantage – Companies that proactively adjust supply strategies gain an edge by maintaining stability and growth despite uncertainties.

As global trade continues to evolve, businesses that embrace diversification will be better positioned to navigate challenges and seize new opportunities.

Key Benefits of Supply Chain Diversification

>> Related article: Trump’s Re-Election: Implications for Vietnam’s Economic Prospects

  • Cost Optimization – Shifting production to countries with lower labor and operational costs can help businesses offset the impact of tariffs and trade restrictions.
  • Risk Mitigation – A diversified supply chain reduces vulnerability to geopolitical instability, labor shortages, and logistical disruptions.
  • Faster Adaptation – Companies with multiple sourcing options can respond quickly to changing market demands and regulatory shifts.
  • Competitive Advantage – Being able to adjust supply strategies faster than competitors allows businesses to maintain stability and growth even in uncertain times.

Vietnam: A Rising Alternative to China

Among the top destinations for supply chain diversification, Vietnam stands out as a strong contender. Over the past decade, the country has positioned itself as a leading manufacturing hub for industries such as textiles, furniture, electronics, and industrial goods. Several factors make Vietnam an attractive alternative for businesses looking to reduce their reliance on China:

  • Lower Tariffs & Trade Agreements – Vietnam has secured numerous trade agreements, including the CPTPP and the EVFTA, making exports more cost-effective.
  • Skilled Workforce & Competitive Labor Costs – Vietnam offers a skilled labor force at a lower cost compared to China, making manufacturing more economical.
  • Proximity to Major Markets – Located in Southeast Asia, Vietnam provides easy access to key global markets, ensuring efficient logistics and transportation.
  • Expanding Industrial Infrastructure – The country has been heavily investing in industrial zones, ports, and logistics facilities to support growing manufacturing demand.

Many multinational corporations, including Samsung, Nike, and Apple, have already diversified their supply chains by expanding operations in Vietnam. With Trump’s potential trade restrictions on China and North America, more businesses are likely to follow this trend.

Supply Chain Diversification Challenges in the Trump 2.0 Era

>> Related article: Vietnam vs China for Sourcing : Is Vietnam a Strategic Alternative to “Made in China” ?

While relocating production to Vietnam and other regions presents significant advantages, businesses must also navigate several challenges. Managing multiple suppliers across different countries adds complexity to supply chain coordination and logistics, requiring efficient oversight to ensure smooth operations. Additionally, regulatory differences, including local labor laws, tax regulations, and trade policies, demand thorough compliance to avoid legal and operational setbacks. Another key consideration is the initial investment required to establish new supplier networks and facilities, which may take time before yielding cost-saving benefits. Despite these hurdles, companies that proactively adapt to the evolving trade landscape will be better positioned for long-term stability and sustainable growth.

Preparing for the Future

With the potential impacts of Trump 2.0 on global trade, businesses must take proactive steps to protect their supply chains:

  • Conduct Risk Assessments – Evaluate how potential tariffs and trade restrictions may impact your current sourcing strategies.
  • Identify Alternative Suppliers – Establish relationships with suppliers in Vietnam, Thailand, Indonesia, Malaysia, and other emerging manufacturing hubs.
  • Invest in Digital Supply Chain Solutions – Leverage technology to improve supply chain visibility, optimize logistics, and enhance efficiency.
  • Stay Informed & Adaptable – Keep up with policy changes and global trade developments to make informed business decisions.

Conclusion

The return of Trump’s trade policies is expected to reshape global supply chains and force businesses to rethink their sourcing strategies. By diversifying supply chains and exploring alternative manufacturing destinations like Vietnam, companies can reduce risks, manage costs, and remain competitive in an uncertain economic landscape. As the world navigates these changes, one thing is clear—adaptability is key to success. Businesses that stay ahead of the curve will not only survive but thrive in the new era of global trade. Is your business ready for the shift? Now is the time to explore new sourcing opportunities and strengthen your supply chain resilience.

Prudential tài trợ Hiệp hội MDRT, thúc đẩy sự thành công và phát triển chất lượng tư vấn viên

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Vào tháng 02 vừa qua, Tập đoàn Prudential plc (“Prudential”) đã thông báo thỏa thuận tài trợ cao cấp (premier sponsor) trong ba năm tới với MDRT (Million Dollar Round Table), hiệp hội toàn cầu của các chuyên gia hàng đầu trong lĩnh vực bảo hiểm nhân thọ và dịch vụ tài chính.

Mục tiêu của thỏa thuận này giúp tăng tốc quá trình phát triển chuyên môn các tư vấn viên của Prudential, từ đó củng cố nền tảng thúc đẩy tăng trưởng kênh đại lý và mang đến nhiều giá trị hơn cho khách hàng. Đứng vị trí thứ 2 trong Bảng xếp hạng Top 10 Công ty đa quốc gia hàng đầu, Prudential đang sở hữu một trong những lực lượng tư vấn viên lớn nhất toàn cầu.

Thỏa thuận tài trợ được ký bởi ông Pankaj Banerjee, Phó Tổng Giám đốc Kênh đại lý (Group CAO) của Tập đoàn Prudential và bà Carol Kheng, Chủ tịch MDRT năm 2025. Thỏa thuận này sẽ khởi động một loạt các sáng kiến nhằm truyền cảm hứng và trao quyền cho các tư vấn viên của Prudential, giúp họ mang đến trải nghiệm tốt nhất cho khách hàng. Một trong những sáng kiến này là chương trình vinh danh MDRT, được thiết kế riêng có tên gọi PRUMDRT, với mục tiêu tôn vinh những tư vấn viên tinh hoa của Prudential, những người thể hiện được sự chuyên nghiệp, niềm đam mê đặc biệt với nghề nghiệp của mình.

Ông Pankaj Banerjee, Phó Tổng Giám đốc Kênh đại lý (Group CAO) của Tập đoàn Prudential plc (phải) và Bà Carol Kheng, Chủ tịch MDRT 2025 (trái), đã tham dự lễ ký kết tài trợ tại Bangkok, Thái Lan. 

Năm 2024, Prudential Việt Nam được ghi nhận xếp hạng nhất tại Việt Nam và top 12 toàn cầu trong bảng xếp hạng MDRT, đánh dấu năm thứ 2 liên tiếp doanh nghiệp này dẫn đầu về số lượng thành viên MDRT tại thị trường Việt Nam, khẳng định chiến lược phát triển bền vững và nỗ lực không ngừng trong việc nâng cao chất lượng đội ngũ tư vấn viên.

Dựa vào thỏa thuận này, MDRT và Prudential đang hợp tác để xây dựng các chương trình phát triển chuyên môn và đào tạo chuyên biệt, tạo đà cho sự phát triển của các thành viên MDRT của Prudential tăng tốc trong sự nghiệp.  

Với sự hỗ trợ từ hệ sinh thái MDRT, Prudential sẽ tận dụng nguồn tài nguyên phong phú từ Học viện MDRT (MDRT Academy), cung cấp nền tảng vững chắc cho các tư vấn viên đang phấn đấu đạt được danh hiệu MDRT. Đồng thời, Prudential sẽ hợp tác với Trung tâm lãnh đạo thực chiến (MDRT Center for Field Leadership) để giúp đội ngũ quản lý kinh doanh nâng cao kỹ năng quản lý, cải thiện hiệu quả hoạt động của kênh đại lý và xây dựng văn hóa xuất sắc cho đội nhóm. Bên cạnh đó, các tư vấn viên cũng sẽ có cơ hội tiếp cận nội dung đào tạo do các chuyên gia là thành viên MDRT dẫn dắt.

Những sáng kiến ​​này sẽ trao quyền cho các thành viên MDRT của Prudential nâng cao năng lực, củng cố uy tín trong kinh doanh và nghề nghiệp, đồng thời nâng tầm dịch vụ cung cấp cho khách hàng – qua đó hỗ trợ họ xây dựng mối quan hệ bền vững và sâu sắc hơn với khách hàng.

UNICEF Representative in Vietnam: Tuition Fee Exemption Marks a Major Step Forward

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Ms. Silvia Danailov, UNICEF Representative in Vietnam, said that the decision to exempt all tuition fees for students from kindergarten to high school in public schools is an important step towards inclusion and creating equal opportunities for all children.

Ms. Silvia Danailov, Chief Representative of the United Nations Children’s Fund (UNICEF) in Vietnam. (Photo: Tran Le Lam/VNA)

Recently, the Politburo has decided to exempt all tuition fees for students from kindergarten to high school nationwide. The implementation time is from the beginning of the new school year 2025 – 2026 (September 2025 onwards).

On March 5, Ms. Silvia Danailov, Representative of the United Nations Children’s Fund (UNICEF) in Vietnam, said that the decision of the Politburo is an important step towards inclusion and creating equal opportunities for all children. UNICEF warmly congratulates Vietnam on this decision. This is a decision in line with Vietnam’s international commitments, including the Convention on the Rights of the Child and Sustainable Development Goal No. 4.

Ms. Silvia Danailov emphasized that the tuition-free policy is an essential investment in Vietnam’s future, helping more children complete their education, regardless of their socio-economic circumstances. This is an important policy in the country’s transformational development period.

To make this policy work, the UNICEF Representative in Viet Nam noted a number of key recommendations. First, free tuition must go hand in hand with ensuring quality teaching and learning. Increasing the number of students attending school requires adequate resources: qualified teachers, facilities and quality learning materials. It is also important to consider the costs that families still have to pay for, such as learning materials, uniforms and transportation. These costs can be challenging for vulnerable households.

Second, the implementation of the new policy needs to ensure the principles of equity and inclusion, helping children with disabilities and ethnic minority students receive the support they need to participate in and benefit fully from education.

Third, expanding access to secondary education can be done by increasing the number of public schools and stepping up investment in community-based education, including developing satellite schools for primary school.

UNICEF is ready to support Viet Nam in realizing this vision by building the capacity of teachers and education managers, promoting digital learning opportunities, such as using advanced technologies such as artificial intelligence to support teachers, investing in green schools and green skills in the context of climate change, and promoting inclusive education policies, said Ms. Silvia Danailov.

“Our common goal is to leave no child behind. By working together, we can ensure that every girl and boy in Vietnam has the opportunity to learn, grow and succeed, contributing to building a brighter future for children and society as a whole,” said Silvia Danailov.

Source: nhandan.vn

Latest Update on Singer Lynda Trang Dai’s Arrest in the US

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In a document sent to the Orange County Prosecutor’s Office, pursuant to Article 3.160(a) of the Florida Rules of Criminal Procedure, Lynda Trang Dai (U.S. name: Ngo, Lynda TrangDai Le) entered a plea of ​​’Not guilty’ and requested to be absent from the upcoming trial.

According to VietNamNet, the official website of the Orange County Clerk of Court (Florida, USA) has updated the developments in the case of singer Lynda Trang Dai being charged with petty theft .

Specifically, in a document sent to the Orange County Prosecutor’s Office, pursuant to Article 3.160(a) of the Florida Rules of Criminal Procedure, Lynda Trang Dai (US name: Ngo, Lynda TrangDai Le) entered a plea of ​​”Not guilty” and requested to be absent from the upcoming trial.

Pursuant to Article 3.220(a) of the Florida Rules of Criminal Procedure, the singer’s legal representative requested that the prosecution provide documents and information related to the case, including witness lists, transcripts of statements, investigation reports, physical evidence, records of electronic surveillance, searches or seizures, etc.

In addition, singer Lynda Trang Dai also requested that the case be tried by jury. The request to change the lawyer from Mr. Joel Leppard to Ms. Josephine Arroyo was approved by the Court.

Regarding the incident, Tien Phong newspaper reported that in the case file posted on the Orange County Court Clerk’s website, Lynda Trang Dai was arrested by the police for petty theft, classified as appropriation of property belonging to the group of goods, agricultural products or means of transport worth from 100-750 USD – a minor property theft crime.

According to records, on January 4, Lynda Trang Dai went to buy Gucci perfume at The Mall in Orlando (Florida). The employee said she stole a headphone case (priced at about 330 USD, equivalent to about 8.4 million VND) displayed on the shelf, then hid the item in her bag without paying. Lynda Trang Dai was arrested by police when she returned to the store on January 5.

The singer was taken to the Orange County Jail, where her personal belongings, including her handbag, phone, and necklace, were turned over to a relative. There, she told police that she tried on accessories and then left them on the counter because the headphones were the wrong size.

She explained that she was in a hurry and threw the items on the ground. However, the report signed by Officer Stephen Erickson clearly stated that the camera recorded Lynda Trang Dai taking the accessories and leaving the store.

Lynda Trang Dai was released on bail after posting a $1,000 (nearly VND25.5 million) bond. On her personal page, the singer posted videos and photos of her performances in the US.

Source: baomoi.com

Thu Duc: Man Found in Critical Condition After Stabbing, Neighbors Alerted by Screams

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After screaming, people living on Street No. 3 (Thu Duc City, Ho Chi Minh City) ran out and discovered their neighbor had been stabbed and was in critical condition.

Late on March 5, Ho Chi Minh City Police coordinated with Hiep Binh Phuoc Ward Police (Thu Duc City) to complete the crime scene investigation of a man who was stabbed critically on Highway 3.

By late night on March 5, the crime scene investigation was completed. PHOTO: TRAN DUY KHANH

The victim was identified as Mr. NPH (51 years old), who was stabbed by another man right in front of his house on the above mentioned road.

Local residents said that at 5 p.m. that same day, a man was seen loitering in front of Mr. H’s house. About 20 minutes later, people heard screams on the street and ran out to check, only to see Mr. H. being attacked multiple times with a weapon by the man.

Mr. H. collapsed on the street with open wounds in several places on his body. There were many blood stains at the scene.

Discovering the incident, many people rushed in to control the suspect. The victim was taken to the emergency room in critical condition .

Upon receiving the news, professional units quickly arrived to block off, examine the scene, and arrest the suspect.

Initially, authorities determined that the cause of the accident stemmed from a love conflict.

The incident is under further investigation.

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