After years perched atop Twitter’s San Francisco headquarters, the famous blue bird logo—known affectionately as “Larry”—has officially flown the coop.
Sold at auction for $34,375, the massive logo, once a symbol of the platform’s golden era, fetched less than its $40,000 estimate but still stirred up plenty of buzz.
Weighing in at a hefty 254 kilograms and measuring 3.6 by 2.7 meters, “Larry” wasn’t just any logo—it was a cultural icon. Named after basketball legend Larry Bird, the blue mascot was front and center during Twitter’s meteoric rise in the world of social media.
But times have changed.
Ever since Elon Musk’s dramatic $44 billion takeover in late 2022, Twitter has undergone a radical transformation—starting with a name change to “X”. Musk didn’t stop there: massive layoffs, policy overhauls, and the dismantling of Twitter’s brand identity followed. Even the company’s office décor was put under the hammer.
In fact, this isn’t the first Twitter fire sale. Back in January 2023, everything from espresso machines to quirky memorabilia was auctioned off. It was clear: the old Twitter was being swept away to make room for Musk’s vision.
This latest auction by RR Auction included more than just Larry. A vintage Apple-1 computer went for a staggering $375,000, and a 1976 Apple check signed by Steve Jobs pulled in over $112,000—reminding us that tech history still holds strong appeal for collectors.
For many, watching “Larry” take flight to a new home is bittersweet. While the blue bird may no longer soar over Silicon Valley, it continues to symbolize a time when Twitter was the digital town square of the world—a simpler, chirpier era now fading into tech nostalgia.
Great news for foreign investors eyeing Vietnam! Ho Chi Minh City, the country’s economic powerhouse, is rolling out the red carpet by slashing at least 30% of administrative procedures for businesses.
This bold move, spearheaded by Chairman Nguyen Van Duoc of the Ho Chi Minh City People’s Committee, signals a game-changing shift to make doing business easier, faster, and more cost-effective.
Chairman Duoc has directed city departments to streamline regulations that have long frustrated businesses, targeting a 30% reduction in processing times and the elimination of unnecessary hurdles. This isn’t just talk—each unit is tasked with delivering concrete proposals to simplify procedures under the city’s control or escalate recommendations to national ministries. The goal? Slash business costs by at least 30% and turbocharge the investment climate.
This initiative aligns with a recent directive from Vietnam’s Prime Minister to boost the business environment and drive socio-economic growth, with a special focus on empowering small and medium enterprises (SMEs)—a vital engine for innovation and jobs. For foreign investors, this means fewer headaches and more opportunities to tap into a market brimming with potential.
Why This Matters to You
Ho Chi Minh City is home to over 500,000 enterprises, making it a bustling hub for trade and investment. In January alone, foreign investment hit $150 million—a 20.2% jump from last year. While new business registrations dipped in early 2025 (3,900 new firms with VND 29,600 billion in capital, down 37.6% in licenses and 47.9% in capital from 2024), the city’s aggressive reforms are set to reverse that trend and ignite fresh growth.
Imagine this: faster approvals, less paperwork, and a government committed to cutting the red tape that slows down profits. Chairman Duoc has made it clear—departments must act decisively, eliminate delays, and stamp out harassment to rebuild trust with investors like you.
Expert Insight: Sophie Dao Weighs In
Sophie Dao, Senior Partner at GBS, a leading investment consulting firm for foreign investors in Vietnam, hailed the move as a “landmark step forward.” “This 30% reduction in procedures is a clear signal that Ho Chi Minh City is serious about becoming a global investment magnet,” she said. “For our clients, this translates to faster market entry, lower operational costs, and a smoother path to profitability. It’s an exciting time to invest in Vietnam, and the city is raising the bar for efficiency and transparency.”
Dao added, “The focus on SMEs is particularly encouraging. These businesses often drive innovation, and with less bureaucracy, foreign investors can partner with or establish agile ventures here with confidence. Ho Chi Minh City is proving it’s not just open for business—it’s optimizing for success.”
Sophie Dao, Senior Partner at GBS
Tech-Powered Efficiency
At a recent dialogue with Korean businesses on March 25, Deputy Director of the Department of Finance, Do Dang Ai, unveiled plans to supercharge reforms with technology. The city is pushing for 95% of administrative procedures to go online, leveraging “one-stop” and “one-stop-shop” systems to save you time and hassle. Plus, upgrades to the national business registration system are in the works to shrink processing times even further.
Need help getting started? The Department of Finance is launching a support program via its Business Information Portal, guiding investors through investment registration and capital contribution processes—whether you’re launching a new project or buying shares.
Vietnam’s Economic Star on the Rise
Ho Chi Minh City isn’t just resting on its laurels. It’s gunning to climb into the top 15 nationwide for its Administrative Reform Index (PAR Index) in 2025 and boost its Provincial Competitiveness Index (PCI). For foreign investors, this translates to a more transparent, efficient, and welcoming market.
With its strategic location, growing consumer base, and now a turbocharged business-friendly environment, Ho Chi Minh City is positioning itself as the destination for your next big investment. “Vietnam’s potential has always been immense,” Sophie Dao noted, “and with these reforms, Ho Chi Minh City is turning that potential into action. Investors should take notice—this is a golden window of opportunity.”
Ready to seize it? Vietnam’s economic locomotive is firing on all cylinders—don’t miss the ride!
Buckle up, Vietnam Insider readers – the electric vehicle scene just took a wild turn! Aion, the Chinese car brand that zoomed into Vietnam with big promises, has closed its sole showroom in Ho Chi Minh City’s District 7 after a mere three months of operation.
Launched in October 2024 with sleek electric models like the ES and Y Plus, Aion’s departure has left car enthusiasts buzzing with questions. Was this a misstep in the EV race, or a clever pit stop for something bigger? Let’s dive into the drama!
From Aion to BYD: A Swift Handover
In a surprising twist, Harmony Vietnam – the distributor behind Aion – handed over the dealership to fellow Chinese giant BYD in March 2025. The showroom on Huynh Tan Phat Street, once proudly waving the Aion flag, has now been transformed into a BYD hub. But don’t worry, Aion fans – the company insists this isn’t the end of the road. “We’re relocating to a new spot that’ll boost our brand and connect us with more customers,” a Harmony Vietnam spokesperson told reporter. New dealerships are apparently in the works, though no timeline has been spilled yet. Stay tuned!
Customers Left Hanging – No Cars, Just Refunds
Here’s where it gets juicy: Aion’s grand entrance last October came with a splashy reveal of its first customers. The plan? Deliver cars right after Tet 2025. But fast forward to today, and not a single Aion has rolled into an individual customer’s garage. Sources say a sudden shift in strategy derailed the deliveries, forcing Harmony Vietnam to negotiate deposit refunds. Talk about a bumpy ride for those early adopters who thought they’d be cruising in style by now!
What Happens to Aion Owners (If There Were Any)?
With the showroom gone, Aion assures customers that warranties, maintenance, repairs, and genuine spare parts won’t be left in the dust. Harmony Vietnam promises to uphold Aion’s standards, even as they hunt for new partners to launch dealerships in both the North and South. So, if you were dreaming of zipping around in an Aion ES or Y Plus, there’s still hope – just don’t hold your breath for a specific date.
Aion’s Bold Start: Affordable EVs with Big Range
Let’s rewind to Aion’s debut. The ES, a D-segment sedan priced at a C-segment-friendly VND 788 million, turned heads with its 134-horsepower motor and 442 km range. Meanwhile, the Y Plus – a crossover-MPV mashup at VND 888 million – boasted 204 horsepower and a 490 km range. Both models, powered by lithium iron phosphate batteries, screamed affordability and innovation. Charging? A standard 7 kW charger took 8 hours for a full juice-up, but the District 7 showroom (while it lasted) offered a 120 kW fast charger – 30-80% in just 35 minutes. Too bad it’s all a memory now!
Charging Woes and a Bigger Picture
Unlike some EV brands, Aion didn’t build its own charging network, opting instead to team up with third-party providers. That might’ve been a hurdle in a market where charging stations are still playing catch-up. Meanwhile, Aion’s parent company, GAC (a state-owned Chinese titan), keeps chugging along in Vietnam with gas-powered models via Tanchong – a totally separate operation from Harmony Vietnam’s electric dreams.
What’s Next for Aion – and Vietnam’s EV Craze?
So, what’s the deal? Is Aion hitting the brakes or just shifting gears? The company swears it’s not quitting Vietnam, but with BYD taking over the showroom and no clear roadmap for a comeback, readers can’t help but wonder: will Aion recharge its strategy and make a triumphant return, or has it lost its spark? One thing’s for sure – Vietnam’s electric vehicle market is heating up, and we’re all along for the ride.
Gold may be stealing headlines with 15 record-breaking intraday highs this year — but silver is quietly making a powerful comeback, and savvy investors are starting to pay attention.
“Silver is a hidden gem,” says Peter Spina, founder of GoldSeek.com and SilverSeek.com. “It’s an under-the-radar opportunity to ride the gold-and-silver bull market.”
While gold recently surged past the $3,000 per ounce mark for the first time ever, silver is still trading at a relative bargain — around $33.49 an ounce last week. That’s far below its 1980 peak of $48.70 (which would be nearly $200 today when adjusted for inflation).
But here’s what makes it especially compelling now: silver is outpacing gold in 2025. It’s up 14.5% year-to-date, slightly ahead of gold’s 14.4% gain. And with its historical tendency to lag gold in the early stages of a rally, some experts believe silver could be poised for a dramatic breakout.
The Gold-Silver Ratio Is Flashing a Buy Signal
One major indicator in silver’s favor? The gold-silver ratio — currently hovering above 90 ounces of silver for every ounce of gold. That’s significantly higher than the long-term average of 70, signaling that silver may be seriously undervalued.
“Silver often waits until the market gets excited — then it takes off, sometimes faster than gold,” Spina explains. “That moment may be right around the corner.”
Even Warren Buffett Bet Big on Silver
While Buffett famously criticizes gold for being non-productive, he made a very different call when it came to silver. In 1997, he bought 111 million ounces (nearly 3,500 tons), turning that bold move into a $97 million pre-tax profit for Berkshire Hathaway.
Why the difference? Buffett sees silver not just as a precious metal, but also as an industrial powerhouse — used in everything from solar panels to electronics.
A Growing Supply Squeeze
According to the Silver Institute, silver is headed for its fifth consecutive year of a global supply deficit in 2025. Global demand is expected to hit 1.05 billion ounces — an 11-year high — while mine production will reach only 1.02 billion ounces, the highest in seven years.
Add to that a resurgence of institutional investment, especially from ETFs, and the setup becomes even more compelling.
“Western funds had pulled back in recent years, keeping prices suppressed,” Spina notes. “But now they’re coming back — and both investment and industrial demand are climbing.”
Bottom Line: Silver Could Be the Comeback Story of the Year
As fears about inflation, geopolitics, and economic uncertainty grow, investors are pouring into safe-haven assets. Gold may be leading the charge, but silver is sprinting to catch up — and it’s still early in the race.
If history — and Warren Buffett — are any guide, ignoring silver now could mean missing out on one of 2025’s biggest investment opportunities.
Vietnam has been recognized as the fourth safest country in Southeast Asia, following Singapore, Brunei, and Thailand, according to Numbeo’s 2025 Safety Index.
This assessment, which evaluates 146 countries and territories worldwide, is based on public perceptions of safety during day and night walks, alongside reports of various crimes such as murder, robbery, and assault.
Vietnam’s safety index score of 59.2 out of 100 positions it ahead of regional neighbors like the Philippines, Indonesia, Malaysia, and Cambodia. Singapore leads the region with a score of 77.4, reflecting its stringent laws and low crime rates that have established it as a secure destination for tourists.
Foreign tourists at Hanoi train street
The country’s political stability and commitment to safety have significantly contributed to its appeal among international travelers. In 2024, Vietnam welcomed 17.6 million foreign visitors, nearing the pre-pandemic figures of 2019. The tourism sector aims to attract 22-23 million foreign tourists in 2025.
International media outlets have frequently praised Vietnam as one of the safest places for solo travelers.
Globally, Andorra, nestled between Spain and France, topped Numbeo’s list as the safest country, while Venezuela was ranked the most dangerous.
Vietnam sent a powerful message in their opening match of the final qualifying round for the 2027 AFC Asian Cup, thrashing Laos 5-0 in front of a roaring home crowd at Go Dau Stadium on Tuesday.
Backed by over 11,000 passionate fans in southern Vietnam, the Golden Star Warriors wasted no time asserting their dominance. Chau Ngoc Quang opened the scoring in the 11th minute, capitalizing on a defensive error to tap home an easy finish and ignite the stands.
The pressure kept mounting, and just before halftime, Vietnam doubled their lead. After Nguyen Hai Long’s strike rattled the crossbar, Nguyen Van Vi was perfectly positioned to head the rebound into the net in the 44th minute. He wasn’t done yet—just five minutes into the second half, Van Vi dazzled the defense with a solo run and cool finish, bringing the score to 3-0.
Vietnam’s relentless attack continued. In the 63rd minute, Nguyen Hai Long joined the scoresheet with a precise long-range effort that left the Laos goalkeeper no chance. Then came the cherry on top: star midfielder Nguyen Quang Hai, coming off the bench, volleyed in a beautiful goal from a Nguyen Hoang Duc assist to seal the 5-0 rout in the 84th minute.
Laos had a few bright moments, notably a powerful long shot from Damoth Thongkhamsavath in the 52nd minute, but never truly threatened Vietnam’s goal.
With this emphatic win, Vietnam not only bagged three crucial points but also set the tone for what promises to be an exciting qualifying campaign. Up next: a highly anticipated clash with regional rival Malaysia in June.
Prime Minister Lawrence Wong of Singapore arrived in Hanoi, received by a distinguished Vietnamese delegation, including Minister of Science and Technology Nguyen Manh Hung, Deputy Minister of Foreign Affairs Nguyen Manh Cuong, and Vietnamese Ambassador to Singapore Tran Phuoc Anh, at Noi Bai International Airport.
This official visit, occurring shortly after the elevation of the Vietnam-Singapore relationship to a Comprehensive Strategic Partnership during Party General Secretary To Lam’s Singapore trip, signifies the importance both nations place on this strengthened alliance. Vietnamese Ambassador Tran Phuoc Anh emphasized that this visit is a crucial step in realizing the shared vision of both leaderships.
Singaporean Ambassador Jaya Ratnam reiterated the commitment to enhanced bilateral cooperation as a primary outcome of the previous visit. Prime Minister Wong’s schedule in Hanoi will prioritize exploring concrete avenues for collaboration, enabling Vietnam and Singapore to effectively address regional and global challenges and foster mutual prosperity.
Samsung Electronics is mourning the unexpected death of its CEO Han Jong-hee, who passed away suddenly from cardiac arrest—just days after his daughter’s wedding.
The tech world was rocked on March 25 when a Samsung spokesperson confirmed to Reuters that Han Jong-hee had died that morning. According to Chosun Biz, the 61-year-old executive collapsed after attending his daughter’s wedding on March 22 and was rushed to Seoul Samsung Hospital. Despite emergency efforts, he did not survive.
Han’s passing comes at a critical time for Samsung, as the South Korean tech giant grapples with falling profits, weakened stock performance, and intensifying competition. His funeral is scheduled for March 27.
Han Jong-hee had been at the forefront of Samsung’s mobile and consumer electronics business and was one of the company’s two co-CEOs, alongside Jun Young-hyun, who oversees the semiconductor division. He was slated to deliver a keynote at a major Samsung event on March 26, but the company abruptly announced on March 24 that a replacement speaker would be named.
Just a few days before his death, Han appeared at the company’s annual shareholders’ meeting on March 19 in Suwon. There, he candidly admitted that Samsung’s edge in tech innovation had dulled. “I sincerely apologize for the recent stock price not meeting your expectations,” Han told shareholders. “Over the past year, the company failed to respond to the rapid changes in the AI chip market.”
Samsung has recently lost its crown as the world’s top smartphone maker to Apple and continues to struggle in the cutthroat arenas of consumer electronics and TV manufacturing—especially against aggressive Chinese competitors. Meanwhile, its performance in the advanced memory and contract chip manufacturing segments has fallen behind rivals.
Han had pledged to pursue bold moves, including “meaningful achievements” in mergers and acquisitions (M&A), to help restore growth and investor confidence.
His death comes amid internal turbulence. Samsung Chairman Lee Jae-yong recently issued an urgent message to the company’s top executives, warning that the conglomerate is at a make-or-break point.
“Samsung is facing a do-or-die survival problem. We need to deeply reflect on ourselves from the top,” Lee stated. “We must invest in the future, even if it means sacrificing short-term profits.”
Han Jong-hee’s passing marks the loss of a key figure during one of the most challenging chapters in Samsung’s history—and raises further questions about the company’s path forward.
As the scorching summer heat begins to subside in Vietnam, tech enthusiasts are already buzzing with anticipation for Apple’s traditional September iPhone launch.
While rumors surrounding the iPhone 17 series have been swirling for months, a recent report from Bloomberg’s renowned insider, Mark Gurman, offers a more concrete glimpse into what we can expect.
For our savvy Vietnam Insider readers, especially those plugged into the global tech scene, here’s a breakdown of the key insights.
iPhone 17: Evolutionary, Not Revolutionary (For Now)
Gurman doesn’t mince his words when it comes to the standard iPhone 17. He suggests that it will largely follow the pattern of recent years, meaning it won’t be receiving any groundbreaking new features. Apple, it seems, continues to reserve its major innovations for its higher-end models.
While this might sound a tad underwhelming, it’s worth remembering the significant strides made with the previous iPhone 16. That model brought the base iPhone closer to its Pro counterparts in many aspects. However, the absence of ProMotion – the smoother, faster refresh rate display exclusive to the Pro models – remained a notable difference.
A Smoother Experience on the Horizon?
Interestingly, Gurman hints at a potential upgrade that many have been hoping for. He suggests that the standard iPhone 17 is “likely to get some small enhancements to its rear camera, as well as a ProMotion display, which allows for smoother scrolling and animation.” If this prediction holds true, it would be a welcome addition, significantly enhancing the user experience with fluid visuals and more responsive interactions. For those who value a silky-smooth interface, this could be a compelling reason to consider the base model.
iPhone 17 Pro: Focusing on the Camera Powerhouse
For those who prioritize cutting-edge camera technology, the iPhone 17 Pro models appear to be where the major action will be. Gurman reports that these higher-end devices are slated to receive “major camera system upgrades, including 48-megapixel sensors across the back trio of cameras.”
Currently, the iPhone Pro models feature two 48-megapixel sensors (main and ultrawide) and one 12-megapixel telephoto lens. Equipping all three rear cameras with a higher 48-megapixel count opens up a world of possibilities. This could lead to enhanced image detail across all zoom levels, improved low-light performance, and the potential for new creative shooting modes and features. For photography enthusiasts and content creators in Vietnam, this upgrade could be a game-changer.
The Intriguing iPhone 17 Air: A Thin and Light Contender
Perhaps the most captivating revelation from Gurman is the mention of a “skinny new iPhone 17 Air.” Positioned in the $900 price range (around 23 million VND based on current exchange rates), this new model seems to be generating significant buzz.
Gurman suggests that opting for the Air over the standard iPhone 17 (likely around $800) could be a worthwhile trade-off. He believes that users “won’t be losing that much in terms of the specifications” while gaining a “remarkably thin and light phone with considerably more screen real estate.”
This proposition is particularly interesting. In a market like Vietnam, where sleek design and portability are often highly valued, a significantly thinner and lighter iPhone with a larger display could be a major draw. Gurman even speculates that some users might “trade down from the Pro to the Air” to get this potentially snazzy new design for a lower price point.
A Word of Caution and Anticipation
While Gurman’s insights are highly respected, it’s important to remember that these are still based on reports and expectations. The final specifications and features of the iPhone 17 series could differ.
However, based on what we know so far, here are some key takeaways for Vietnam Insider readers:
Standard iPhone 17: Likely an evolutionary upgrade with a potential ProMotion display and minor camera enhancements. A solid offering, but not a major overhaul.
iPhone 17 Pro: Focused on significant camera system improvements with 48-megapixel sensors across all three rear lenses. A compelling choice for photography enthusiasts.
iPhone 17 Air: A potentially exciting new model emphasizing a thin and light design with a larger screen, positioned as a compelling alternative between the standard and Pro models.
As we edge closer to the expected September launch, more concrete details will undoubtedly emerge. For our readers in Vietnam looking to upgrade their smartphones, the iPhone 17 series presents some intriguing options. The potential arrival of ProMotion on the base model and the innovative design of the rumored iPhone 17 Air could make this year’s lineup particularly appealing.
Keep an eye on Vietnam Insider for the latest updates as we get closer to Apple’s official announcement!
In recent years, the United States has continuously adjusted its trade policies to protect its domestic economy and rebalance trade relations with other nations. From the trade war with China to tariff measures targeting emerging economies, Washington aims to create a more equitable playing field for American businesses. However, these measures have also triggered strong reactions from major trade partners and could lead to significant disruptions in global supply chains.
The New Context of US Tariff Policies
The US trade policies and newly introduced reciprocal tariffs in 2025 are expected to reshape global trade flows, particularly in Southeast Asia. Countries such as Thailand, India, and Vietnam face both challenges and opportunities as they navigate these shifts.
While these tariffs are designed to foster a fairer trade environment, they also introduce significant uncertainty for businesses and international supply chains. Recent discussions and analyses highlight these impacts, particularly on key industries and supply chain strategies. Experts debate whether these tariffs will serve as a catalyst for supply chain relocation or create substantial obstacles for businesses.
Impact on Key Industries
The new US tariff policies are expected to affect several critical industries:
Manufacturing and Industrial Production: Exporters of machinery and electronic components from Vietnam, Thailand, and India must reassess their pricing and taxation strategies to remain competitive.
Textiles and Apparel: The textile industries in Vietnam and India, which play a crucial role in supplying the US market, could be severely impacted if tariff rates increase, potentially reducing export revenues.
High-Tech Industry: Vietnam and India are emerging as key technology hubs replacing China. However, new tariff policies may disrupt their supply chains, affecting production efficiency and investment decisions.
Impact on the “China Plus One” Strategy
The “China Plus One” strategy has enabled many businesses to diversify production from China to countries like Vietnam, Thailand, and India. However, the new US tariff measures could undermine the effectiveness of this strategy, forcing businesses to reconsider their supply chain optimization efforts. Some companies may explore expanding production beyond ASEAN to countries such as Mexico or Eastern Europe to mitigate US tariff implications. However, such shifts could increase operational costs and supply chain risks.
As the US recalibrates its tariff policies, trade relations between the US and ASEAN are undergoing a significant transformation. While Washington seeks to reduce reliance on Chinese supply chains, its new trade barriers are creating fresh challenges for Southeast Asian nations, prompting them to reassess their economic strategies.
The ASEAN Free Trade Agreement (AFTA) is expected to play a crucial role in fostering stronger regional cooperation to counterbalance the effects of US tariffs. In response, some ASEAN nations are proactively engaging in bilateral trade negotiations with the US to mitigate negative economic impacts and maintain market access.
At the same time, Vietnam, as a leading manufacturing hub, is accelerating its efforts to expand trade partnerships with Europe and other global markets, aiming to diversify export destinations and reduce dependency on the US market.
US tariff adjustments are not only affecting Southeast Asia but are also driving broader shifts in global supply chains. Major corporations are now reevaluating their strategies to ensure long-term stability:
Strengthening Domestic Production: Some US companies may relocate production back to the US to circumvent tariffs and reduce reliance on foreign suppliers.
Expanding Supply Chain Diversification: Multinational corporations may explore alternative markets such as India, Mexico, and Eastern Europe to enhance resilience.
Leveraging Technology and Automation: To offset rising production costs, many companies may accelerate the adoption of automation and robotics in manufacturing.
Exploring Regional Trade Agreements: Companies may seek new trade agreements to mitigate tariff-related risks and secure more stable market access.
Investing in Sustainable Sourcing: Businesses might focus on environmentally friendly supply chain practices to meet evolving regulatory and consumer demands.
Conclusion
US tariff policy changes are triggering a major restructuring of global trade. Businesses must closely monitor these developments, adapt their strategies accordingly, and seize emerging opportunities amid these challenges. By proactively adjusting to new trade dynamics, companies can strengthen their competitiveness in an evolving global landscape.
Vietnam Insider Exclusive – Get ready, Vietnam! Another major global automaker has officially thrown its hat into the ring, promising a fresh wave of competition and exciting options for drivers across the country.
China’s powerhouse, Geely Auto, made a grand entrance into the Vietnamese market on March 21st, unveiling its brand, a lineup of sleek new vehicles, and a robust plan to establish a nationwide presence.
For foreign residents and keen observers of Vietnam’s burgeoning automotive scene, Geely’s arrival is a significant development, signaling the increasing attractiveness of the Vietnamese consumer market and the growing confidence of international players.
The star of the show was undoubtedly the Geely Coolray, a stylish and sporty SUV clearly aimed at Vietnam’s dynamic and youthful demographic. With three competitively priced versions – the Standard (538 million VND, approx. $21,000 USD), Premium (578 million VND), and Flagship (628 million VND) – the Coolray promises a compelling blend of performance and value.
Under the hood, all Coolray models boast a punchy 1.5L turbocharged gasoline engine delivering 177 horsepower and 255 Nm of torque. Paired with a smooth 7-speed dual-clutch automatic transmission, this translates to an impressive 0-100 km/h sprint in just 7.9 seconds – enough to inject some excitement into your daily commute. Adding to the peace of mind for new owners, Geely is offering a generous warranty of up to five years or 150,000 kilometers.
However, Geely isn’t just about traditional combustion engines. The launch event also showcased the brand’s commitment to a greener future with the introduction of the all-electric Geely EX5. This electric SUV packs a serious punch with a 218-horsepower electric motor and a hefty 320 Nm of torque. Its 60.2 kWh battery offers a substantial range of up to 430 kilometers on a single charge, making it a viable option for both city driving and longer journeys. The EX5 is no slouch either, hitting 0-100 km/h in a brisk 6.9 seconds. For busy urbanites, the fast-charging technology is a major plus, allowing a 30-80% charge in a mere 20 minutes.
For those seeking a more premium and spacious ride, Geely unveiled the flagship Monjaro SUV. This model clearly targets business executives and families looking for upscale features and a commanding presence. Its luxurious design is highlighted by a prominent grille and a refined interior, complete with an immersive IMAX screen and a panoramic sunroof. Power comes from a robust 238-horsepower engine producing 350 Nm of torque, coupled with a confident full-time all-wheel-drive system. The Monjaro is also loaded with advanced driving assistance technologies, including adaptive cruise control, lane-keeping assist, automatic parking, and a comprehensive 540-degree camera system, enhancing both safety and convenience.
To ensure a seamless ownership experience for Vietnamese customers, Geely announced the immediate establishment of a nationwide distribution network comprising 15 dealerships and 15 experience centers. This is just the beginning, as the company has ambitious plans to expand its footprint to 50 dealerships across Vietnam by 2025.
Geely’s arrival is a significant development, signaling the increasing attractiveness of the Vietnamese consumer market
This direct market entry follows Geely’s earlier strategic partnership with Tasco Auto, which involves the construction of a significant $168 million vehicle assembly plant in Thai Binh province. The first locally assembled Geely models are expected to roll off the production line in 2026, further solidifying the brand’s long-term commitment to Vietnam.
Beyond just selling cars, Geely is aiming to provide a comprehensive ownership ecosystem. Customers can look forward to a range of services, including maintenance, flexible financing options, insurance solutions, seamless toll collection integration, and even support for used car transactions. This holistic approach underscores Geely’s ambition to not just enter the market, but to become a trusted and valued automotive partner for Vietnamese consumers.
What does this mean for Vietnam?
Geely’s arrival injects fresh competition into Vietnam’s dynamic automotive market, offering foreign residents and locals alike more choices in terms of design, technology, and price points. The brand’s focus on both internal combustion engines and electric vehicles aligns with the growing global trend towards sustainable mobility and caters to a wider range of consumer preferences.
The establishment of a local assembly plant further signifies Geely’s long-term investment in Vietnam, creating jobs and contributing to the local economy. The comprehensive service offerings also promise a more convenient and customer-centric ownership experience.
For the readers of Vietnam Insider, Geely’s entry is another compelling indicator of Vietnam’s growing economic dynamism and its increasing attractiveness as a consumer market. Keep an eye on this space as Geely and other global players continue to shape the future of Vietnam’s automotive landscape.
Vietnam has firmly established itself as a compelling destination for foreign investment, and within this vibrant landscape, private equity (PE) is emerging as a significant force.
With a robust economy, a young and dynamic population, and an increasingly attractive business environment, Vietnam presents a wealth of opportunities for PE firms seeking high-growth potential.
This article delves into the key trends shaping private equity investment in Vietnam and highlights how professional consulting firms like GBS are playing a crucial role in facilitating these investments.
A Flourishing Ecosystem:
Vietnam’s macroeconomic stability and consistent GDP growth have laid a solid foundation for PE activity. Forecasts predict continued strong economic expansion in the coming years, driven by factors such as strong foreign direct investment (FDI) inflows, a thriving manufacturing sector, and rising domestic consumption. This positive outlook is attracting increasing attention from both regional and global PE funds.
Key Investment Themes:
Several sectors in Vietnam are currently drawing significant PE interest:
Technology and Digital Transformation: With increasing internet penetration and a tech-savvy population, Vietnam’s digital economy is booming. E-commerce, fintech, edtech, and digital infrastructure are attracting substantial PE investment as businesses seek to capitalize on this rapid digitalization.
Manufacturing and Industrials: Vietnam’s competitive labor costs and strategic location have positioned it as a key manufacturing hub in Southeast Asia. PE firms are actively investing in expanding manufacturing capabilities, improving supply chains, and supporting the growth of related industrial sectors, including logistics.
Consumer Goods and Retail: A growing middle class with increasing disposable income is fueling strong demand for consumer goods and modern retail formats. PE investments in this sector aim to tap into this expanding consumer market through both online and offline channels.
Healthcare: Demographic shifts, including an aging population and a greater focus on health and wellness, are driving growth in the healthcare sector. PE firms are investing in hospitals, clinics, pharmaceuticals, and other healthcare-related businesses to meet this rising demand.
Infrastructure and Energy: The Vietnamese government’s commitment to infrastructure development, including transportation, energy, and utilities, presents significant opportunities for PE investment. Renewable energy projects, in particular, are gaining traction as Vietnam aims to expand its clean energy capacity.
The Rise of Domestic Investors:
An interesting trend in Vietnam’s M&A landscape, which often involves PE activity, is the increasing prominence of domestic investors. Reflecting growing confidence and financial strength, local companies are actively pursuing acquisitions, indicating a maturing domestic investment ecosystem.
Navigating the Landscape with Expert Guidance:
For foreign PE firms looking to tap into Vietnam’s potential, understanding the local market nuances, legal frameworks, and cultural considerations is crucial. This is where professional investment consulting firms like GBS play an indispensable role.
GBS offers a comprehensive suite of services tailored to the needs of foreign investors, including:
Market Entry Strategy: Providing insights into market dynamics, identifying potential investment opportunities, and developing effective market entry strategies.
Due Diligence: Conducting thorough financial, legal, and operational due diligence to assess investment risks and opportunities.
Deal Sourcing and Execution: Leveraging their extensive network to identify suitable investment targets and providing expert support throughout the deal negotiation and execution process.
Post-Investment Management: Assisting PE firms with portfolio company management, value creation strategies, and exit planning.
Regulatory Compliance: Ensuring that investments comply with Vietnamese laws and regulations, navigating complex bureaucratic procedures.
With their deep understanding of the Vietnamese business environment and a proven track record of assisting foreign investors, GBS acts as a trusted partner, enabling PE firms to make informed decisions and execute successful investments.
Looking Ahead:
The outlook for private equity investment in Vietnam remains bright. The country’s strong economic fundamentals, coupled with favorable government policies and a growing appetite for foreign capital, are expected to drive continued PE activity across various sectors. As the market matures, the role of experienced consulting firms like GBS will become even more critical in helping foreign investors navigate the complexities and capitalize on the exciting opportunities that Vietnam has to offer.
On March 24–25, 2025, an immersive and impactful event titled “Khơi Nguồn Mer Ước” (“Igniting Dreams”) will take place at the 1st and 2nd floor lobbies of FPT University in Ho Chi Minh City. The event offers university students a rare opportunity to understand the real-life educational challenges faced by Khmer children in Vietnam’s Mekong Delta region.
A Powerful Learning Experience
Khmer children in the Mekong Delta face numerous barriers on their educational journey — from language and economic difficulties to deep-seated social prejudices regarding their learning potential and future prospects. Recognizing these barriers is a critical first step toward building a more inclusive and equitable society.
To deepen participants’ empathy and awareness, Igniting Dreams has been designed as an interactive exhibition. Attendees will step into the shoes of Khmer children, navigating a series of experiential challenges that mirror the real-life struggles these young students face in their pursuit of knowledge.
Highlights of the Experience Zones
The event is divided into several creative and thought-provoking zones, each with unique activities and powerful messages:
1. Check-in Zone
Participants begin their journey by receiving a digital “passport” via a QR code. Based on the role they choose — Khmer or Cham — they will embark on different pathways, each with its own set of challenges.
2. “Mer News” – The Numbers That Speak
This area offers interactive data visualizations and games to help participants better understand the educational landscape for Khmer children. It encourages students to reflect on the importance of equal opportunities in education.
3. The Barrier Experience – Facing the Real Challenges
This is the centerpiece of the event, featuring three key educational barriers:
Prejudice Barrier: In a powerful 8D audio experience, participants hear the negative stereotypes often directed at Khmer children. This is followed by a VR challenge aimed at breaking down these biases and encouraging open-mindedness.
Economic Barrier: Attendees receive a random “learning kit” and are asked to complete study tasks, which vary in difficulty depending on their assigned background. Participants can use Power Cards for support from teachers, the government, or to retry the challenge.
Language Barrier: Participants become Khmer students and must decode assignments written in the Khmer language. The level of difficulty changes depending on the type of Power Card received.
4. Check-out Zone & Souvenirs
Before leaving, participants can sign a backdrop to mark their journey and share their reflections. By submitting a short feedback form, attendees will also receive a small souvenir from the event sponsor. More importantly, each participant will be emailed a Certificate of Participation after the event — a token of their support for the cause of educational equality.
Amplifying the Message of Education for All
More than just a personal experience, Igniting Dreams is a call to action. It aims to spark a wider conversation about the importance of educational equity and encourage collective efforts to support underprivileged communities. Through every challenge, attendees are reminded of the power of empathy, understanding, and the transformative role education plays in shaping a brighter future.
Imagine welcoming your newborn into the world, only to hit a roadblock when choosing their name.
That’s exactly what happened to T.N.T.T., a dual Vietnamese-foreign citizen living in Tan Phong Ward, District 7, Ho Chi Minh City. Her story, recently shared with Tuoi Tre (Youth) newspaper, has sparked curiosity and questions among foreign readers about Vietnam’s naming laws.
T., married to a foreign husband, gave birth earlier this month in District 7. Like many parents, she dreamed of giving her child a meaningful name: “Mia,” paired with her husband’s surname. “It’s simple to write in Vietnamese and carries a sweet meaning in other languages,” she explained. Before the birth, T. even checked with a local civil servant, who gave her the green light. But when she arrived to officially register the name, she faced an unexpected rejection.
The reason? According to the official, Vietnamese law requires children with Vietnamese nationality to have Vietnamese names. Since T. is a Vietnamese citizen and gave birth in Vietnam, her child automatically qualifies for Vietnamese citizenship—and with it, a Vietnamese name. “They told me the name must follow Vietnamese grammar rules,” T. said, frustrated by the sudden change.
A Clash of Cultures and Citizenship
So, what’s the rule when a child is born to a Vietnamese mother and a foreign father? The Ho Chi Minh City Department of Justice clarified: it depends on the child’s nationality. If both parents—T. and her husband—agree in writing that their child should have Vietnamese citizenship, the name must be Vietnamese. But if they choose the father’s foreign nationality instead, a foreign name like “Mia” is fair game.
The catch? Switching to foreign nationality isn’t as simple as ticking a box. The couple must submit a written agreement, contact the foreign consular office in Ho Chi Minh City to confirm the child’s citizenship, and then register the birth at the district-level People’s Committee. It’s a process that blends bureaucracy with identity—and it’s left T. weighing her options.
What Does the Law Say?
Lawyer Hua Thi Thao from the Ho Chi Minh City Bar Association broke it down further. Under Circular 04/2020, Vietnamese citizens must have names in Vietnamese or one of Vietnam’s ethnic languages—no English or foreign names allowed. “If T. and her husband want ‘Mia’ as the name, they’ll need to opt for foreign nationality,” Thao explained. “It’s a clear choice: Vietnamese nationality, Vietnamese name; foreign nationality, foreign name.”
A Global Question in a Local Context
For foreign readers, this might sound surprising—or even restrictive. In many countries, parents have free rein to pick names from any culture or language. But in Vietnam, names are more than personal choices; they’re tied to national identity. So, when can a child born in Vietnam have a foreign name? Only if the parents officially choose foreign citizenship over Vietnamese nationality.
T.’s story isn’t just about paperwork—it’s a glimpse into the crossroads of tradition, law, and modern multicultural families. What would you do in her shoes? Stick to a Vietnamese name to honor her roots, or fight for “Mia” and a piece of her husband’s heritage? Let us know your thoughts as this debate unfolds!
Vietnam has raised the foreign ownership cap in certain private banks from 30% to 49%. This change, enacted via Decree 69/2025/ND-CP effective May 19, 2025, targets banks undergoing restructuring or mandatory transfers (such as MB Bank, HDBank, and VPBank). By allowing nearly half ownership, the government aims to attract more foreign direct investment (FDI) to bolster bank capital, improve governance, and introduce advanced technology in the sector. These banks have recently taken over weaker lenders as part of a broader industry cleanup, and the policy rewards them with greater access to international funding.
Stacks of Vietnam’s ₫500,000 banknotes symbolize the capital influx now possible as foreign investors can own up to 49% of local banks. This policy change is designed to inject substantial new funds into Vietnamese banks, strengthening their balance sheets for growth.
Growth Outlook: Robust Economy and Banking Sector
The timing of this liberalization aligns with Vietnam’s strong economic outlook. The World Bank projects Vietnam’s GDP to grow about 6.8% in 2025, signaling healthy economic momentum. Credit expansion is likewise upbeat – the State Bank of Vietnam targets roughly 16% credit growth in 2025 – which should fuel bank lending revenues. Vietnam’s banks are expected to remain highly profitable, with the sector trading around 1.1× book value and an 18% return on equity projected in 2025. For investors, these metrics indicate attractive valuations and the potential for strong returns as the banking industry expands alongside the economy.
Regional Context: Closing the Gap with Peers
By lifting the cap, Vietnam is catching up to regional peers in openness. Its previous 30% foreign ownership limit was low compared to other Southeast Asian markets. (For instance, Singapore and Malaysia permit up to 100% foreign ownership in banks, and Indonesia allows around 40%.) The new 49% threshold brings Vietnam’s policy more in line with the region, making its banking sector more competitive and accessible to global investors. Crucially, the additional foreign capital will help Vietnamese banks meet Basel III capital standards and adopt international best practices. Regulators expect that partnerships with foreign stakeholders will introduce global expertise, strengthen risk management, and accelerate digital transformation in banking. In short, Vietnam is signaling that its financial sector is “open for business” and committed to modernizing in step with global norms.
Investor Benefits: Influence and Long-Term Gains
For foreign investors, this policy shift opens the door to greater influence and participation in Vietnam’s high-growth banking market. Owning up to 49% of a local bank (versus the previous one-third limit) means a larger say in strategic decisions and corporate governance. Such significant stakes enable deeper partnerships – investors can collaborate on new products, technology upgrades, and management improvements, enhancing long-term value. Recent bank restructurings (e.g. VPBank’s acquisition of GPBank and HDBank’s takeover of DongA Bank) have cleaned up bad assets and paved the way for stronger performance. Now, fresh foreign capital and expertise can build on these improvements. Investors entering Vietnam’s banking sector gain exposure to a fast-growing economy, robust credit demand, and a banking industry with rising profitability. With improved transparency and digital innovation on the horizon, the potential for strong returns and dividends is compelling. Overall, Vietnam’s higher foreign ownership cap presents an exciting opportunity to invest in a reforming, expanding market poised for sustained growth.
