U.S. Ambassador to Vietnam Marc Knapper has urged Vietnamese citizens to avoid illegal migration, warning against the false promises of smugglers, online scammers, and visa fixers.
In a 1.5-minute video posted on the U.S. Embassy’s Facebook page, Knapper shared the tragic story of 17 people from Vietnam, Egypt, India, and Iran who attempted to sail from Colombia to Nicaragua on their way to the U.S. The boat sank just 200 meters from shore, resulting in five deaths, including two children, while four people remain missing. Three young Vietnamese were among those rescued.
“This journey was supposed to lead them to a better life, but instead, they found suffering, regret, and even death,” Knapper said. He emphasized that such illegal attempts by land, air, or sea come at great cost—draining savings, risking health, and, in many cases, costing lives.
Every year, hundreds of men, women, and children go missing or die while trying to reach the U.S. unlawfully. Even those who make it often end up in detention or fall victim to human trafficking. U.S. immigration authorities routinely apprehend and deport illegal immigrants, including Vietnamese nationals, back to their home countries.
“These tragedies are preventable,” Knapper stated. “As Vietnam’s friends and partners, we implore you not to take this illegal and dangerous journey.”
Vietnam’s Response
Following the boat tragedy off Nicaragua’s coast, the Vietnamese Embassy in Cuba and Nicaragua confirmed on Monday that three Vietnamese citizens survived. Two hold Hungarian residence cards, while the third has a Vietnamese driver’s license from Thua Thien-Hue Province.
During a Ministry of Foreign Affairs press conference on Thursday, spokesperson Pham Thu Hang reaffirmed Vietnam’s stance on lawful migration. She emphasized that Vietnam supports its citizens living, studying, and working abroad, provided they comply with domestic, host country, and international laws.
Regarding the deportation of undocumented Vietnamese immigrants from the U.S., Hang confirmed that repatriations are conducted under a bilateral agreement on citizen returns. She reiterated Vietnam’s commitment to working closely with the U.S. on this issue.
Strengthening Law Enforcement Cooperation
In Hanoi on Thursday, Vietnamese Minister of Public Security Luong Tam Quang met with Ambassador Knapper to discuss security collaboration between the Ministry of Public Security and U.S. law enforcement. The talks focused on curbing illegal immigration, combating cybercrime, and tackling transnational organized crime.
Earlier, Knapper also met with Minister of Industry and Trade Nguyen Hong Dien to discuss trade relations, supply chain cooperation, and fair trade between Vietnam and the U.S.
By reinforcing law enforcement ties and public awareness, both nations aim to prevent illegal immigration and its devastating consequences.
Vietnam is rapidly emerging as a key player in the Southeast Asian AI revolution, competing with established tech hubs like Singapore, Thailand, and Malaysia.
With strong government support, a growing talent pool, and a thriving startup ecosystem, Vietnam is positioning itself as a serious contender in artificial intelligence (AI), automation, and digital transformation.
But can Vietnam truly become Southeast Asia’s AI hub, or will it struggle to keep pace with regional leaders? Let’s explore Vietnam’s AI advancements, key challenges, and the top AI startups to watch in 2025.
Vietnam’s AI Boom: What’s Driving It?
Government Support & National AI Strategy
Vietnam’s government has recognized AI as a strategic priority for economic growth. In 2021, the country launched its National AI Strategy, aiming to:
Make Vietnam a top AI research and innovation center in ASEAN by 2030.
Increase AI’s contribution to GDP through automation and digital transformation.
Develop a highly skilled AI workforce, supported by universities and R&D centers.
Promote AI applications in finance, healthcare, smart cities, and manufacturing.
State-backed AI research institutions and incentives for AI startups have accelerated innovation, putting Vietnam on the global AI map.
Rising AI Startups & Investment Growth
Vietnam’s startup ecosystem is booming, with AI-driven companies leading the way. In 2024, Vietnam attracted over $400 million in AI-related investments, and this number is expected to grow.
Healthcare: AI-assisted medical diagnostics and hospital management systems.
Smart Cities: AI-powered traffic monitoring, public safety, and urban planning.
Manufacturing: AI-driven automation, robotics, and predictive maintenance.
These advancements position Vietnam as a major AI player in ASEAN.
Vietnam vs. Southeast Asia: The AI Race
Vietnam is competing with Singapore, Thailand, and Malaysia in AI development. Here’s how it compares:
Country AI Strengths Challenges
Vietnam Thriving AI startup scene, low-cost tech talent, government-backed R&D Limited cloud infrastructure, need for stronger global partnerships
Singapore Southeast Asia’s AI leader, strong government AI funding, top-tier universities High costs, talent shortage
Thailand AI integration in smart cities, e-commerce, and logistics AI research still developing, smaller tech workforce
Malaysia Strong AI investments in finance, healthcare, and e-governance Limited AI startups compared to Vietnam & Singapore
Vietnam stands out for its high-growth AI startup ecosystem and affordability, making it an attractive destination for AI innovation in ASEAN.
Top Vietnamese AI Startups to Watch in 2025
Vietnam is home to some of the region’s most exciting AI companies, driving innovation across multiple sectors.
VinAI Research (A subsidiary of Vingroup)
• Focus: Computer vision, deep learning, AI-powered autonomous driving.
• Why it matters: VinAI is developing Vietnam’s first AI-powered driver assistance system, positioning the country as a player in smart mobility and autonomous technology.
FPT.AI (By FPT Corporation)
• Focus: AI-powered chatbots, automation, voice recognition.
• Why it matters: Leading AI adoption in Vietnam’s banking, telecom, and customer service sectors.
VNLINK AI
• Focus: AI-driven digital marketing and predictive analytics.
• Why it matters: Helping e-commerce businesses optimize ad performance and consumer targeting using AI.
Palexy
• Focus: AI-powered retail analytics, customer behavior tracking.
• Why it matters: Used by major Vietnamese retail brands to boost in-store sales and optimize supply chains.
DeepCare
• Focus: AI-assisted medical diagnostics and telemedicine.
• Why it matters: Revolutionizing Vietnam’s healthcare industry with faster, more accurate medical imaging and AI-driven patient management.
These startups are proving that Vietnam is no longer just a software outsourcing hub—it is now an AI innovation leader.
Challenges Vietnam Must Overcome
While Vietnam is making significant progress, several challenges remain:
Lack of AI Talent: Vietnam needs more skilled AI engineers and data scientists to compete globally.
Cloud & Data Infrastructure Limitations: AI relies on big data and cloud computing, areas where Vietnam still lags behind Singapore and Malaysia.
AI Regulations & Ethics: Clear AI governance policies are needed to ensure responsible AI development.
Need for Global AI Partnerships: Vietnamese AI firms need stronger collaborations with international tech giants to scale innovation.
Despite these hurdles, Vietnam’s rapid AI progress and government-backed initiatives suggest these challenges will be addressed over time.
Final Verdict: Can Vietnam Become Southeast Asia’s AI Hub?
Yes—Vietnam is on track to becoming a regional AI powerhouse. With strong government investment, a booming startup scene, and growing AI applications across industries, Vietnam is quickly rising as one of Southeast Asia’s top AI players.
Can it surpass Singapore? Not yet—but with continued investment and talent development, Vietnam has the potential to become a serious AI competitor in Asia.
What does this mean for investors and businesses?
Vietnam is a high-growth market for AI investment.
Tech companies should tap into Vietnam’s AI talent pool.
Startups leveraging AI in Vietnam have a unique opportunity to scale in Southeast Asia.
As Vietnam continues its AI-driven transformation, it’s only a matter of time before the country cements its status as Southeast Asia’s next tech hub.
What’s your take? Can Vietnam lead the AI race in Southeast Asia? Drop your thoughts in the comments!
Vietnam has long been known as a budget-friendly destination, attracting backpackers and adventure travelers with its stunning landscapes, rich culture, and affordable prices. However, a major shift is underway. With high-end resorts, private island retreats, and exclusive cultural experiences on the rise, Vietnam is positioning itself as the next luxury travel hotspot in Asia.
But can it compete with Bali, Phuket, and the Maldives—long-standing favorites for premium travelers? Let’s explore Vietnam’s growing luxury tourism market, its unique offerings, and what’s driving this transformation.
The Rise of Luxury Travel in Vietnam
1. World-Class Resorts & Private Villas
Vietnam’s luxury hospitality industry has expanded rapidly, with international hotel brands and homegrown resorts creating exclusive, high-end experiences.
Here’s the list of Top Luxury Resorts in Vietnam:
Amanoi (Ninh Thuan): A secluded cliffside retreat offering ocean-view villas, wellness programs, and top-tier service.
Six Senses Con Dao: A private island resort blending eco-luxury with Vietnamese charm.
The Nam Hai (Four Seasons, Hoi An): An elegant beachfront retreat with private villas and spa experiences.
Zannier Bai San Ho: A hidden eco-luxury gem in Phu Yen, catering to elite travelers.
Unlike Bali and Phuket, which have become crowded and over-commercialized, Vietnam offers a fresh and less-explored alternative for high-end travelers seeking exclusivity.
2. Exclusive Cultural & Culinary Experiences
Vietnam is going beyond just luxury accommodations—it’s offering unique, tailored experiences that cater to sophisticated travelers.
Private Dining & Gourmet Experiences:
• Michelin-starred restaurants like TUNG Dining (Hanoi) and Anan Saigon offer world-class Vietnamese fusion cuisine.
• Exclusive cooking classes with top Vietnamese chefs allow guests to explore the rich flavors of local cuisine.
Luxury Yachting & Cruises:
• Ha Long Bay & Lan Ha Bay now feature high-end overnight cruises with gourmet dining, private balconies, and onboard spas.
• Phu Quoc & Nha Trang are emerging as yacht tourism destinations, with luxury boats offering private charters.
Authentic Cultural Encounters:
• VIP temple visits in Hue and Hanoi, with private historians guiding guests through Vietnam’s imperial past.
• Helicopter tours over Ha Long Bay, Son Doong Cave, and the Mekong Delta for a truly breathtaking experience.
These experiences cater to wealthy travelers looking for more than just a five-star hotel—they want an authentic yet refined connection with Vietnam’s heritage.
3. The Rise of Sustainable & Eco-Luxury Retreats
With eco-conscious travel becoming a global trend, Vietnam is making a name for itself in sustainable luxury tourism.
Top Eco-Luxury Resorts:
Topas Ecolodge (Sapa): A remote hilltop resort with eco-friendly bungalows overlooking the mountains.
Six Senses Ninh Van Bay: A zero-waste resort offering private villas with infinity pools and ocean views.
L’Anmien Resort (Mui Ne): An organic farm-to-table retreat, blending wellness, luxury, and sustainability.
Vietnam’s eco-luxury model allows it to differentiate itself from Bali and Phuket, which have struggled with over-tourism and environmental damage.
Why Vietnam Could Surpass Bali & Phuket as Asia’s Luxury Destination
Vietnam’s luxury tourism boom is driven by several key factors:
✔ Less Overcrowding: Unlike Bali and Phuket, Vietnam’s luxury destinations remain unspoiled and exclusive.
✔ Better Value for Money: High-end experiences in Vietnam cost less than in Thailand or Indonesia, while offering the same—if not better—quality.
✔ Government Support: Vietnam’s tourism authorities are actively investing in high-end travel infrastructure, attracting luxury hotel brands and yachting companies.
✔ Strategic Location: With direct flights from Europe, Australia, and the U.S., Vietnam is more accessible to high-spending travelers.
Challenges Vietnam Must Overcome
While Vietnam has strong potential, it still faces challenges in becoming a leading luxury travel destination:
❌ Visa Policies: While e-visas and longer stays are now available, Vietnam lacks a dedicated luxury tourist visa like Thailand’s Elite Visa.
❌ Service Standards: While improving, Vietnam’s hospitality industry still lags behind Thailand in customer service training.
❌ Infrastructure Development: High-end tourists expect private jet services, luxury transport, and seamless logistics, areas where Vietnam still needs improvement.
Final Verdict: Is Vietnam the Next Luxury Travel Hotspot?
✅ Yes, Vietnam is on track to become one of Asia’s top luxury travel destinations. With ultra-luxury resorts, exclusive cultural experiences, and eco-conscious retreats, the country offers something truly unique.
Can it surpass Bali and Phuket? Possibly. As Thailand and Indonesia struggle with over-tourism, Vietnam offers a fresh, less commercialized alternative for discerning travelers.
For luxury travelers seeking authenticity, privacy, and high-end comfort—Vietnam is the future.
Are you ready to experience Vietnam’s luxury side? Share your thoughts in the comments!
Washington, D.C. – February 14, 2025 – The US. President Donald J. Trump announced on Truth Social that he had a “lengthy and highly productive” phone call with Russian President Vladimir Putin, during which they discussed a range of pressing global issues, including Ukraine, the Middle East, energy, artificial intelligence, and the power of the U.S. dollar.
In his statement, President Trump emphasized the historical ties between the U.S. and Russia, recalling their cooperation in World War II and acknowledging the immense loss of life Russia suffered during the conflict. He suggested that both leaders reflected on the strengths of their nations and expressed optimism about future cooperation.
Trump and Putin Agree on Urgency to End Ukraine War
A key focus of the conversation was the ongoing war between Russia and Ukraine. President Trump stated that both he and Putin agreed on the need to end the conflict and prevent further loss of life. He claimed that if he had been in office earlier, the war would not have happened, but since it did, it must now come to a swift and peaceful resolution.
According to Trump, Putin even echoed his campaign motto, “COMMON SENSE,” emphasizing their shared belief in practical solutions. The two leaders also agreed to work closely together, including possible visits to each other’s nations.
Immediate Negotiations to Begin, Trump Assembles Team
President Trump announced that he has instructed his administration to begin negotiations immediately. He also stated that he would personally contact Ukrainian President Volodymyr Zelenskyy to inform him of the discussion.
To lead the negotiation efforts, Trump named Secretary of State Marco Rubio; CIA Director John Ratcliffe; National Security Advisor Michael Waltz; Ambassador and Special Envoy Steve Witkoff
Trump expressed confidence that these talks would be successful, ensuring a peaceful resolution to the war.
(COMBO) This combination of pictures created on November 07, 2024 shows Russia’s President Vladimir Putin (L) addresses the participants of a Congress of The Russian Union of Industrialists and Entrepreneurs (RSPP) in Moscow on April 25, 2024, and former US President and Republican presidential candidate Donald Trump (L) attends a town hall meeting moderated by Arkansas Governor Sarah Huckabee Sanders at the Dort Financial Center in Flint, Michigan, on September 17, 2024. Russia’s President Vladimir Putin and Donald Trump indicated November 7, 2024 that they were ready to hold talks after the Republican tycoon emerged as the victor in the race for the White House. (Photo by Alexander NEMENOV and JEFF KOWALSKY / AFP)
Trump Thanks Putin for Release of Marc Fogel
In his post, President Trump also thanked President Putin for the release of Marc Fogel, an American citizen detained in Russia. Trump stated that he personally welcomed Fogel at the White House the night before.
Concluding his remarks, Trump reiterated his determination to bring the war to an end and prevent any further loss of life, stating: “No more lives should be lost!”
Hanoi, February 14 – The imposition of tariffs by the United States in recent times has not been directed at Vietnam, affirmed US Ambassador to Vietnam Marc E. Knapper. He emphasized that the US remains committed to fostering strong economic and trade cooperation with Vietnam in a mutually beneficial manner.
The statement was made during a working session between Vietnam’s Minister of Industry and Trade, Nguyen Hong Dien, and Ambassador Knapper, where the two sides discussed ongoing and future trade relations.
Vietnam-US Trade Relations Off to a Strong Start in 2025
Minister Nguyen Hong Dien noted that economic and trade relations between the US and Vietnam have begun 2025 on a positive note. One of the key achievements was the successful resolution of the anti-dumping dispute over Vietnamese tra and basa fish at the World Trade Organization (WTO), marking a step forward in reducing trade tensions.
Minister Dien highlighted that the economies of the two nations are highly complementary, a factor that has helped their economic and trade cooperation grow steadily. He reaffirmed Vietnam’s commitment to ensuring a harmonious and sustainable trade relationship with the US, built on mutual benefits and strategic trust.
“Vietnam considers the US a leading and crucial partner and is eager to enhance economic, trade, and investment ties in a comprehensive and sustainable manner,” Dien stated.
Vietnam and US Strengthen Cooperation in Key Sectors
Vietnam recognizes the US as one of its most reliable long-term suppliers of energy, machinery, equipment, technology, and raw materials. Currently, the US is Vietnam’s fifth-largest import market, while Vietnam is the ninth-largest export market for US agricultural products.
To further deepen trade ties, Minister Dien suggested expanding cooperation in the agricultural sector, allowing both nations to diversify their products and strengthen supply chains. Vietnam expressed its willingness to increase imports of US agricultural goods and, in return, hopes the US will open its market further to Vietnamese agricultural exports.
US Ambassador Knapper: 2025 to be a Pivotal Year for Cooperation
Ambassador Marc E. Knapper stated that 2025 would be a significant year for Vietnam-US relations, as both countries work to advance their Comprehensive Strategic Partnership. He emphasized that economic and trade cooperation would remain a key pillar in strengthening overall bilateral relations.
The Ambassador also highlighted that both the US government and private sector are eager to collaborate with Vietnam in emerging and high-potential sectors. These include Energy security; Climate change mitigation; Food security;
Advanced technology development
Knapper’s remarks reaffirm Washington’s commitment to deepening economic engagement with Vietnam, signaling greater opportunities for trade expansion and investment cooperation in the years ahead.
After months of negotiations, Honda and Nissan have officially abandoned their proposed merger, marking the end of what could have been a historic consolidation in the global auto industry.
The deal, originally proposed by Honda in late 2024, aimed to create the world’s third-largest automaker by 2026. Honda put forward a $60 billion merger plan, promising to enhance both companies’ competitiveness against the rising dominance of Chinese automakers. However, a range of disagreements—particularly over governance structure and strategic direction—ultimately led to its collapse.
Key Sticking Points in the Merger Talks
Honda and Nissan signed a memorandum of understanding (MOU) on December 23, 2024, outlining plans for a merger. However, from the outset, there were concerns about whether the deal would materialize. Sources close to the negotiations suggested that Nissan’s reluctance, coupled with Honda’s push for greater control, created significant friction.
One of the most contentious issues was Honda’s proposal to transform Nissan into a subsidiary, rather than forming a more equal partnership. Honda initially suggested a structure where both companies would operate under a common parent entity, with Honda appointing the CEO and other key leadership positions based on cross-shareholding ratios outlined in the MOU. However, later discussions saw Honda advocating for a model where it would become the parent company, with Nissan as a subsidiary—an idea that Nissan strongly resisted.
Another major obstacle was Honda’s insistence that Nissan buy back shares held by Renault, its long-time alliance partner. Honda reportedly did not want Renault to have a stake in the merged entity. Meanwhile, Mitsubishi, which was rumored to be a potential third partner in the deal, opted out, preferring to maintain its independence.
Nissan’s Struggles and the Collapse of the Deal
Nissan, once Japan’s second-largest automaker behind Toyota, has faced significant financial struggles in recent years. By November 2024, the company shocked investors by slashing its profit forecast by 70%, citing weak sales in China and the U.S.—the two largest auto markets. In response, Nissan announced a restructuring plan that included cutting 9,000 jobs and reducing global production by 20%, a move some analysts criticized as insufficient.
During the merger discussions, Honda pushed Nissan to implement even deeper restructuring measures, including factory closures, to streamline operations and improve profitability. However, Nissan resisted, further straining negotiations.
In the end, the combination of Nissan’s reluctance to cede control, Honda’s firm stance on governance, and the broader strategic differences between the two companies led to a deadlock.
Future Outlook
With the merger officially off the table, Nissan is now expected to explore alternative strategies, whether by seeking new partnerships or attempting to navigate its challenges independently. Meanwhile, Honda and Nissan have indicated that they remain open to collaboration in specific areas, particularly in electric vehicle (EV) development, but without merging operations.
While this failed merger underscores the challenges of consolidation in Japan’s auto industry, it also signals the increasing urgency for legacy automakers to adapt as they face growing competition from Chinese brands and a rapidly shifting global market.
Over nine years ago, when Sarah Hamilton accepted a three-month work assignment in Vietnam, she had no idea it would lead her entire family to leave the United States for good.
A New Home in Vietnam
In 2015, Sarah, then 39, and her husband moved from Boston to Vietnam to source materials for a U.S.-based company. Initially planning to stay in Ho Chi Minh City for just three months, they soon fell in love with the people, culture, and dynamic lifestyle, extending their stay to 18 months.
When their work contract ended, the couple returned to the U.S., but their hearts remained in Vietnam. They found themselves drawn back, splitting their time between Boston and Ho Chi Minh City before ultimately deciding to settle in Vietnam permanently. “Ho Chi Minh City offers an excellent quality of life at an affordable cost, making it an ideal place for families,” Sarah explains.
They rented an apartment in the vibrant Thao Dien neighborhood, home to a large international community. Over the years, their four children (two sets of twins) were born in Ho Chi Minh City, further cementing their decision to stay. “The cost of childcare, hiring a nanny, and healthcare in Vietnam is only about one-third of what we would pay in the U.S.,” she adds.
Back in Boston, the couple spent at least $800 per month per person on car-related expenses, including insurance and gas. In Vietnam, they traded cars for motorbikes, spending just $450 per month for two.
Beyond affordability, Sarah appreciates the strong sense of community and family values deeply embedded in Vietnamese culture. The city’s strategic location also allows them to take advantage of budget-friendly flights across Southeast Asia. Weekly routines include ballet, tennis, and soccer lessons for their children.
However, there are trade-offs. “International school tuition and housing costs are comparable to those in the U.S.,” she admits.
The first five years were a period of adjustment. The couple learned to ride motorbikes, took Vietnamese language lessons, and experimented with local cooking. Their children faced health challenges due to the tropical climate, prompting Sarah to educate herself on common concerns like dengue fever and water pollution. Over time, these issues faded as they became fully accustomed to their new home.
“We’ve embraced local traditions, celebrating Mid-Autumn Festival and Lunar New Year just like the Vietnamese,” she says. “The work-life balance here is one of the best things about living in Vietnam. We have the flexibility to work remotely, travel, and spend quality time as a family.”
Vietnam: A Top Choice for Expats
Sarah’s family is part of a growing trend of international families relocating to Vietnam, a country consistently ranked as one of the most affordable places to live. According to the 2024 Expat Insider Report, 86% of expats rated Vietnam’s cost of living positively—more than double the global average.
Moreover, 65% of expats reported financial satisfaction, citing high income levels and low expenses. Notably, 19% earn an annual income of $150,000 or more—well above the 10% global average.
A 2024 survey by MoveToAsia, a company specializing in investment and relocation services, revealed an 18% increase in expats seeking assistance to move to Vietnam. Guillaume Laurent, the company’s director, notes a rising trend of families with one or two young children choosing to settle in Hanoi and Ho Chi Minh City.
This shift aligns with Vietnam’s surge in foreign direct investment (FDI), which jumped by 48.6% in January 2024 alone. As businesses expand, more skilled professionals and entrepreneurs are choosing to build their futures here.
Guillaume highlights another factor: Vietnam’s increasingly open visa policies, making long-term residency more accessible.
Overcoming Initial Challenges
For some families, the move initially presents hurdles. Take Mark Wilson, a 43-year-old teacher from Australia. In 2017, he relocated his family to Ho Chi Minh City for work, despite resistance from his two children, then aged 8 and 10, who struggled to leave their friends and school behind.
“We only had a month to prepare,” Mark recalls. He began learning Vietnamese through an app but quickly realized he had picked up a northern dialect, requiring him to start over upon arrival in the south.
Navigating Vietnam’s infamous traffic was another challenge. His children had to adapt to a world dominated by motorbikes and learn how to cross the streets safely. With help from colleagues, they found an apartment and settled in within a week.
After two years, Mark’s work contract ended—but the family had no desire to leave. They officially decided to make Vietnam their permanent home. When visiting Australia in late 2024, his children repeatedly asked, “When are we going back home?”—referring to Vietnam.
“The energy in Vietnam’s major cities is vibrant, but life isn’t as stressful or fast-paced as it is in many Western countries,” he says. “It’s been an incredibly rewarding experience.”
Why More Families Are Choosing Vietnam
Guillaume identifies four key factors that keep expat families in Vietnam:
High quality of life – Access to excellent healthcare, international schools, and modern infrastructure.
Career opportunities – Expanding industries and foreign investment create job prospects for professionals.
Affordable living costs – Housing, food, and transportation remain significantly cheaper than in Western countries.
World-class education – Many international schools provide top-tier education at 20% lower tuition fees than in cities like Singapore, Hong Kong, and Shanghai.
“In recent years, we’ve seen a surge in expats enrolling their children in French international schools here, recognizing that Vietnam offers education on par with leading Asian cities but at a more competitive cost,” Guillaume notes.
With its welcoming culture, economic growth, and affordability, Vietnam is emerging as an ideal destination for families looking for a fresh start.
“Vietnam isn’t just where we live,” Sarah concludes. “It’s where we’ve built our home.”
Vietnamese automaker VinFast is making a strong push into the European market with its participation in ABF 2025, one of Northern Germany’s leading trade shows, held from February 12 to February 16.
At the event, visitors will have the opportunity to test drive VinFast’s latest urban electric SUVs, the VF 6 and VF 8, marking another step in the company’s global expansion.
VinFast Strengthens Commitment to European Market
By joining ABF 2025, VinFast reaffirms its commitment to providing European consumers with high-quality, competitively priced electric vehicles, backed by comprehensive after-sales policies. The event, which focuses on sustainable transportation and green mobility, showcases cutting-edge technologies, products, and trends that are shaping the future of the automotive industry.
Visitors can explore VinFast’s fully electric vehicle lineup at booth D11, Hall 26, Hannover Exhibition Center.
Ms. Le Thi Thu Trang, General Director of VinFast Europe, emphasized the significance of this event, stating:
“ABF 2025 is an opportunity for VinFast to bring high-quality, reasonably priced electric vehicles closer to European consumers and industry partners. With our expanding network across Europe, we look forward to delivering modern vehicles that offer an outstanding driving experience, combining European design with Vietnamese innovation.”
Spotlight on VinFast VF 6 and VF 8
VinFast is presenting two electric SUV models at the trade show:
VinFast VF 6 – A Compact Urban SUV
The VF 6 is a B-segment electric SUV designed for city driving, offering both Eco and Plus versions: VF 6 Plus – Priced from 38,990 euros (1.033 billion VND), featuring a 59.6 kWh battery, a 150 kW electric motor, 310 Nm torque, and front-wheel drive. Additional highlights include: Advanced ADAS driver assistance features; Heated and cooled seats; Panoramic sunroof; 360-degree camera; Wireless Apple CarPlay & Android Auto connectivity; VF 6 Eco – Starting at 34,990 euros (927.69 million VND), offering a driving range of up to 410 km per full charge (WLTP standard). Both versions come with an industry-leading 7-year or 160,000 km warranty (whichever comes first).
VinFast VF 8 – A Spacious and Powerful D-Segment SUV
The VF 8 is tailored for business professionals and families, offering a premium driving experience with a strong focus on performance and comfort.
VF 8 Eco – Starting at 48,490 euros (1.28 billion VND); VF 8 Plus – Starting at 54,490 euros (1.44 billion VND)
Equipped with an 87.7 kWh battery, a 300 kW electric motor, 620 Nm torque, and four-wheel drive, providing a range of 471 km per full charge (WLTP standard).
The Plus version features: Head-up display (HUD); Panoramic sunroof; Heated and cooled seats.
All VF 8 versions include ADAS driving assistance systems and come with a 10-year or 200,000 km warranty, while the battery is covered by an unlimited mileage warranty.
Expanding After-Sales and Service Network in Germany
To support its customers in Germany, VinFast has developed a comprehensive after-sales system with 8 dedicated technical centers. The company also collaborates with ATU, Germany’s leading auto service provider, leveraging its 533 service locations across the country.
All ATU service centers are equipped with genuine spare parts and VinFast-certified technical expertise, ensuring that customers receive high-quality maintenance and repair services. As part of its growth strategy, VinFast continues to expand and improve its service network, providing peace of mind for electric vehicle owners across Germany.
VinFast’s Global Vision and Market Expansion
As a subsidiary of Vingroup, VinFast is on a mission to become a leading smart electric vehicle brand that accelerates the global transition to sustainable transportation. With its presence at ABF 2025, the company is not only showcasing its latest electric SUVs but also solidifying its position in the European market.
With an expanding service network, competitive pricing, and cutting-edge technology, VinFast is well on its way to becoming a key player in the European EV landscape.
Vietnam will officially revise its GDP growth target for 2025 to 8.0%, up from the previous range of 6.5%–7.0%, Minister of Planning and Investment Nguyen Chi Dung announced on Wednesday.
Speaking in parliament, Dung projected imports and exports to grow by 12% this year, with an estimated trade surplus of $30 billion. The Southeast Asian manufacturing hub recorded GDP growth of 7.09% in 2024, cementing its position as one of the fastest-growing economies in Asia.
According to Dung, industrial manufacturing and foreign investment will be the key drivers of economic expansion this year. Foreign direct investment (FDI) inflows are expected to reach $28 billion, while domestic retail sales are forecasted to increase by 12%.
Despite the positive outlook, Dung emphasized that Vietnam still faces economic challenges in 2025. The government will prioritize inflation control and macroeconomic stability, with inflation projected at 4.5%–5.0%.
The revised GDP growth target remains subject to parliamentary approval.
Valentine’s Day, celebrated every year on February 14, is a time to express love and affection through gifts, heartfelt messages, and romantic gestures. While many recognize it as a global tradition, its origins and customs vary across cultures.
For foreigners living in or visiting Vietnam, understanding the history of Valentine’s Day and how it is celebrated locally can enhance their experience and deepen their connection with Vietnamese culture.
The Origins of Valentine’s Day
The story of Valentine’s Day dates back to ancient Rome. One of the most popular legends is about Saint Valentine, a Christian priest who lived during the 3rd century under the rule of Emperor Claudius II. The emperor banned marriages for young men, believing that single soldiers fought better than those with families. Defying the decree, Saint Valentine secretly performed weddings, earning him the emperor’s wrath and eventual execution on February 14.
Over time, the day became associated with love and romance. By the Middle Ages, poets like Geoffrey Chaucer romanticized it, and by the 18th century, exchanging love notes and small gifts became common in Europe. In the 19th century, printed Valentine’s Day cards emerged, solidifying its modern commercial appeal. Today, Valentine’s Day is celebrated in many countries, each adding its own cultural touch.
How Valentine’s Day is Celebrated in Vietnam
Vietnamese couples embrace Valentine’s Day with enthusiasm, incorporating both Western traditions and local customs. Here are some key aspects of how the holiday is observed in Vietnam:
Gift-Giving: Popular Valentine’s Day gifts in Vietnam include chocolates, flowers (especially red roses), teddy bears, and personalized gifts. Some couples exchange handwritten love letters, a tradition that holds sentimental value.
Romantic Dates: Fancy dinners, café outings, or scenic strolls along lakes and parks are common ways for couples to spend the day. Rooftop restaurants and river cruises offer a more luxurious experience.
Social Media and Public Declarations: Vietnamese youth enjoy expressing their love publicly through social media posts, often sharing couple photos, love messages, and even surprise videos.
Valentine’s Variations: Vietnam celebrates not only February 14 but also White Day (March 14) and Black Day (April 14), which originate from Japan and South Korea. White Day is when men return the favor with gifts, while Black Day is for singles to gather and celebrate friendship.
How Foreigners Can Celebrate Valentine’s Day in Vietnam
If you are a foreigner in Vietnam, here are some meaningful ways to celebrate:
Experience a Romantic Dinner in a Vietnamese Setting
Vietnam offers a wide range of dining experiences, from fine-dining restaurants to charming street food stalls. Consider enjoying a candlelit dinner at a high-end restaurant in Hanoi or Ho Chi Minh City, or savoring Vietnamese specialties like bò lúc lắc (shaking beef) and bánh xèo (crispy pancakes) at a cozy eatery.
Take a Scenic Getaway
Vietnam’s breathtaking landscapes make it an ideal place for a Valentine’s retreat. Some top destinations include:
Sapa – Experience the misty mountains and romantic views.
Da Lat – Known as the ‘City of Love,’ Da Lat has cool weather, flower gardens, and picturesque valleys.
Phu Quoc – A tropical paradise with stunning beaches and luxury resorts.
Try Traditional Vietnamese Love Customs
Vietnamese culture has unique romantic traditions. One of them is writing love wishes on paper lanterns and releasing them into the sky or water. Some cities, like Hoi An, allow visitors to float paper lanterns on the river, creating a magical atmosphere.
Explore Local Valentine’s Day Events
Many shopping malls, cafés, and cultural spaces host Valentine’s Day events, including live music, poetry readings, and couple-themed activities. Keep an eye on event listings in major cities to find something special.
Gift Local Handicrafts and Personalized Surprises
Instead of traditional chocolates and flowers, consider gifting Vietnamese lacquerware, silk scarves, or handmade jewelry. A personalized approach—such as a custom-made áo dài (Vietnamese traditional dress) or a photo album documenting shared experiences—adds a heartfelt touch.
Valentine’s Day in Vietnam is a blend of romance, cultural adaptation, and personal expression. Whether you are new to the country or have been here for years, embracing both global and local traditions will make your celebration more memorable. Whether through a romantic dinner, a scenic getaway, or a simple handwritten note, expressing love is what truly matters.
Timothée Rousselin, a Frenchman living in Vietnam, never imagined that his love for his mother-in-law’s cooking would lead to a thriving restaurant venture. But that’s exactly what happened when he and his Vietnamese wife, Hồng Nhung, encouraged her mother, Lê Thị Ngọc Trinh, to share her home-cooked Vietnamese meals with the world.
From Family Kitchen to Restaurant
Every morning, at a cozy eatery on Pasteur Street in District 3, Ho Chi Minh City, Mrs. Trinh, 54, can be seen meticulously cleaning tables and setting up utensils. Though the restaurant’s décor carries a French touch, its menu is unmistakably Vietnamese, featuring beloved traditional dishes.
Mrs. Trinh hails from Tây Ninh province and moved to Ho Chi Minh City in 2021 to live with her daughter and son-in-law. While helping care for her grandchildren, she also prepared daily meals for the family. It was during this time that Tim discovered her exceptional cooking. Fascinated by the rich flavors and authenticity of her dishes, he encouraged her to open a restaurant to introduce Vietnamese cuisine to more people, especially foreigners.
“I love cooking, but I never thought about opening a restaurant,” Mrs. Trinh admitted. “After receiving praise from my children, I started selling food online, and to my surprise, many people loved it. One day, my daughter and son-in-law suggested opening a physical restaurant, with me as the head chef. I was excited but also nervous.”
With Tim’s unwavering support, Mrs. Trinh took on the role of head chef, preparing traditional dishes such as gỏi (Vietnamese salad), cà ri (curry), chả giò (spring rolls), and bì cuốn (shredded pork rolls). She relies on years of cooking experience rather than strict recipes, ensuring each dish retains the authenticity of homemade Vietnamese food.
The restaurant operates daily from 8 AM to 10 PM, with Mrs. Trinh in the kitchen alongside an assistant, while her daughter and staff serve customers. Despite managing another restaurant in the city, Tim frequently drops by after work to help oversee operations.
A Frenchman’s Passion for Vietnamese Cuisine
Tim, who has over 15 years of experience in the food industry, was instantly captivated by the flavors of Vietnamese cuisine, particularly his mother-in-law’s chicken curry. For him, opening the restaurant was not just about business—it was about sharing his appreciation for Vietnamese food with the world.
“I chose this location because many foreigners live and work here, and I wanted them to experience authentic Vietnamese dishes,” he explained. “I hope our dedication will help our restaurant grow and introduce more people to the beauty of Vietnamese cuisine.”
A Love Story Rooted in Vietnam
Hồng Nhung takes pride in seeing her husband and mother pursue their culinary dreams together. Every day at the restaurant, she wears a traditional Vietnamese áo dài, adding to the cultural experience for foreign guests.
“Our busiest times are lunch and dinner,” she said. “During lunchtime, we mostly serve Vietnamese customers, while in the evening, foreign tourists make up the majority. Their positive feedback motivates us to keep going.”
Now living in Thủ Đức City with Mrs. Trinh, the couple has been happily married for over four years and has two children. Despite the challenges of learning Vietnamese, Tim makes an effort to speak it daily with his wife and mother-in-law.
A true family man, Tim designed the restaurant to be warm and inviting, creating an atmosphere where customers can feel at home. He even decorated the space with pictures of his parents and grandparents, keeping their presence close despite being far from France.
Having lived in Vietnam for over six years, Tim has no regrets about leaving his career in France to embrace life in this vibrant country. “Vietnam is a beautiful land with a rich history. From the moment I arrived, I felt welcomed. I knew right away that this country was my future.”
Tim admires the warmth and hospitality of the Vietnamese people and is fascinated by the country’s diverse culture. While he acknowledges that Vietnamese is a difficult language, he enjoys learning and speaking it.
“I’m focused on working hard, raising my family, and ensuring my children have a bright future. I hope they, too, will follow their dreams,” he said.
Through a simple yet heartfelt venture, Tim and his family have created more than just a restaurant—they’ve built a bridge between cultures, proving that food has the power to bring people together.
Phu Quoc has been recognized as one of the top five fastest-growing tourist destinations in Southeast Asia, making it the only Vietnamese representative on the prestigious list.
Phu Quoc’s Rising Popularity
According to Travel Off Path, an American travel website, Phu Quoc is “stealing the hearts” of international travelers with its luxurious yet affordable resorts, breathtaking natural landscapes, and pristine white-sand beaches lined with palm trees.
Experts highlight that the island’s vibrant night markets and world-class amusement parks offer visitors endless entertainment. Many international tourists enjoy adventurous experiences in southern Phu Quoc, including Riding the world’s longest three-wire cable car to Hon Thom Island; Walking under the ocean for a unique marine exploration;
Watching mesmerizing fireworks displays at Hoang Hon Town; Visiting Hon Bridge, a uniquely designed “no-touch” bridge, which has become a popular spot for sunset lovers seeking romantic and picturesque views.
Phu Quoc’s Record-Breaking Growth
Phu Quoc’s rapid rise in the tourism sector is reflected in its impressive growth statistics. In January 2024, Phu Quoc International Airport recorded a 185% increase in passenger volume compared to the same period in 2023, making it the fastest-growing airport in the region, according to Aviation A27, an Indian aviation industry tracking website.
This surge in tourism is largely attributed to: Vietnam’s visa exemption and relaxation policy, implemented in August 2023. Increased international flight routes and higher flight frequencies, thanks to expanded cooperation between airlines and local authorities.
During the Lunar New Year holiday, Phu Quoc contributed 70% of Kien Giang Province’s total tourism revenue, which reached nearly 1,900 billion VND.
A Rising Star Among Global Islands
Phu Quoc is not only making waves in Southeast Asia but also earning global recognition, in 2024, Travel + Leisure ranked Phu Quoc the second most beautiful island in the world, just behind the Maldives; Condé Nast Traveller included Phu Quoc in its list of must-visit islands for 2025.
Despite offering world-class experiences, Phu Quoc remains highly affordable. Experts estimate that a 3-day, 2-night vacation on the island costs just one-third or one-fourth of the expenses in Singapore or Koh Samui, Thailand, making it an attractive option for budget-conscious travelers.
Phu Quoc’s Future as an International Hub
Further solidifying its global status, Phu Quoc has been chosen to host the Asia-Pacific Economic Cooperation (APEC) Forum in 2027. This prestigious event is expected to elevate Vietnam’s international reputation and transform Phu Quoc into a leading tourism, economic, and service hub in the Asia-Pacific region.
With its remarkable tourism growth, stunning natural beauty, and strategic development plans, Phu Quoc is well on its way to becoming one of the most sought-after travel destinations in the world.
Vietnam’s capital, Hanoi, has been ranked 2nd among the world’s top cultural destinations in the Tripadvisor Travelers’ Choice Awards.
The ranking, based on traveler reviews from last year, recognizes Hanoi’s deep-rooted history, rich traditions, and unique cultural experiences.
Hanoi: A Cultural Gem in Asia
Hanoi’s recognition among the world’s best cultural destinations is a testament to its blend of ancient heritage and modern vibrancy. The city, with its thousand-year-old history, is home to well-preserved French colonial architecture, historic temples, bustling markets, and vibrant street life.
Visitors to Hanoi are enchanted by:
The Old Quarter – A maze of 36 ancient streets showcasing traditional crafts, street food, and historical buildings.
The Temple of Literature – Vietnam’s first university, offering insight into Confucian teachings and traditional Vietnamese education.
Hoan Kiem Lake & Ngoc Son Temple – A serene retreat in the heart of the city, rich in folklore and history.
Hanoi’s Cuisine – From Pho (Vietnamese noodle soup) to Bun Cha (grilled pork with noodles), Hanoi’s food scene is a cultural experience in itself.
Theatres & Arts – The city is renowned for its water puppet theatre, folk music performances, and contemporary art spaces.
Hanoi in Autumn, which is the best season of the year. Photos: Khanh Huy/ Hanoi Times
Tripadvisor’s Top 10 Cultural Destinations
The Travelers’ Choice Awards also recognized other outstanding cultural destinations worldwide. The top 10 list includes:
1. Bali, Indonesia
2. Hanoi, Vietnam
3. London, UK
4. Marrakech, Morocco
5. Rome, Italy
6. Cusco, Peru
7. Kathmandu, Nepal
8. New Delhi, India
9. Crete, Greece
10. Siem Reap, Cambodia
Vietnam’s Growing Global Recognition
Hanoi’s ranking reflects Vietnam’s increasing prominence as a top global travel destination. With UNESCO heritage sites, rich traditions, and a warm, welcoming culture, Vietnam continues to attract visitors seeking authentic cultural experiences.
This recognition not only solidifies Hanoi’s position as a must-visit city but also highlights Vietnam’s tourism growth and cultural richness on the global stage.
For travelers looking for a destination that blends history, tradition, and modern energy, Hanoi stands out as a top choice in 2024.
On the morning of February 11, two prominent American financial millionaires, Jeff Grinspoon and Jon Thomas Foley, arrived in Quang Ninh province to visit Ha Long Bay and Bai Tu Long Bay, as part of their broader exploration of Vietnam for investment opportunities.
The helicopter carrying Jeff Grinspoon and Jon Thomas Foley landed at Van Don International Airport at 11:30 AM, where they were warmly welcomed by Ms. Nguyen Huyen Anh, Director of the Quang Ninh Provincial Department of Tourism, Mr. Vu Duc Huong, Chairman of Van Don District, and other local leaders.
The two millionaires traveled by EC155B1 helicopter from Ha Giang to Gia Lam Airport and continued to Van Don before embarking on a luxurious cruise journey through Ha Long Bay and Bai Tu Long Bay.
The duo is experiencing a specially designed, high-end tourism route, starting from Ao Tien International Passenger Port and moving toward the Cong Do area.
Following their cruise, the two American millionaires will continue their Vietnam journey by road, heading to Hoi An, Hue, and Ho Chi Minh City.
Jeff Grinspoon and Jon Thomas Foley
Seeking Investment Opportunities in Vietnam
Beyond their luxury travel experience, Jeff Grinspoon and Jon Thomas Foley are in Vietnam with a strong business agenda. They are exploring investment opportunities in footwear manufacturing and real estate, two of Vietnam’s most dynamic and rapidly growing industries.
Commenting on their visit, Sophia Dao, Senior Partner at GBS, highlighted Vietnam’s strong potential for international investors:
“Vietnam continues to be an attractive destination for global investors, thanks to its robust economic growth, skilled workforce, and increasingly favorable business environment. Ha Long Bay and Bai Tu Long Bay are not only world-class tourism icons but also symbols of Vietnam’s rising appeal as an investment hub. The presence of distinguished investors like Mr. Grinspoon and Mr. Foley underscores the growing confidence in Vietnam’s market potential.”
With Vietnam’s booming economy, strategic location, and investment-friendly policies, the arrival of high-profile investors like Jeff Grinspoon and Jon Thomas Foley further cements the country’s position as a leading destination for both tourism and business expansion.
F88 Business Joint Stock Company, Vietnam’s leading pawnshop chain operator, has announced its highest-ever annual profit, reporting VND351 billion in after-tax profit for 2024—2.6 times higher than 2023.
F88 recorded VND3,347 billion in revenue in 2024, marking a 23.2% increase compared to the previous year. The fourth quarter alone contributed VND917 billion, up 18.8% year-on-year. Mortgage lending remained the primary revenue driver, accounting for over 88% of total earnings.
The company’s total loan disbursement last year reached over VND12,000 billion, an 8.5% increase from 2023, while outstanding loans rose 22.7% to VND4,585 billion.
F88 attributed its strong profit growth to an optimized cost structure and higher revenue, leading to a 12.6% reduction in its cost-to-revenue ratio (CIR). This performance signals a major turnaround for the company following its VND545 billion loss in 2023.
By the end of 2024, F88 operated 868 transaction points nationwide, further solidifying its position as a key player in Vietnam’s consumer financial services sector. The company also expanded into insurance distribution by launching NNX Technology Joint Stock Company.
Bertrand Rieger/Getty Images
Founded in 2013, F88 has rapidly grown into one of Vietnam’s largest consumer financial services providers, with a network spanning both urban and rural areas. Since 2017, Mekong Capital has been a strategic investor, playing a crucial role in F88’s expansion and financial success.
With record-breaking profits and continued expansion, F88 is positioning itself as a dominant force in Vietnam’s consumer finance sector, driving financial inclusion for millions across the country.
