Vietcetera

Vietnam ESG Investor Conference 2026: From Strategic Dialogue To Investment Execution in Vietnam’s Next Growth Phase

Thư Trần — Tue, 21 Apr 2026 09:47:20 +0000

Don’t miss the 4th edition of the Vietnam ESG Investor Conference, taking place on May 26–27, 2026, at New World Saigon Hotel, Ho Chi Minh City. The event marks the return of one of Vietnam’s most impactful platforms connecting capital with ESG-driven investment opportunities.

The conference was founded and organized by Raise Partners, with the Australian Department of Foreign Affairs and Trade (DFAT) continuing as the leading government partner for the fourth consecutive year. Notably, 2026 marks the first year Ivy+Partners joins as co-organizer, alongside Vietnam Innovators Digest (by Vietcetera) as the exclusive community partner.

Under the theme Full Steam Ahead: Investing in Vietnam’s Evolution, this year’s conference reflects not only the country’s accelerating economic momentum, but also underscores the responsibility of investors in shaping a resilient and sustainable growth trajectory. The program moves beyond dialogue, focusing directly on capital allocation and partnership execution in practice.

Ms. Mimi Vu, Co-Founder & Partner at Raise Partners, shared:
“Over the past four years, ESG in Vietnam has evolved from skepticism to action and accountability. Today, ESG serves as a common language to build trust between investors and businesses. The 2026 edition will focus on translating Vietnam’s 5-year socio-economic development plan into concrete and investable opportunities.”

The previous edition of the coference succesfully attracted nearly 300 domestic and international organizations.

A Diverse Investment Ecosystem

Building on the success of the 2025 conference, which attracted nearly 300 organizations, this year’s event is expected to convene hundreds of fund managers, policymakers, and corporate leaders—from multinational corporations (MNCs) to SMEs and startups.

Confirmed speakers represent a diverse global ESG ecosystem, including organizations such as DFAT, Biti’s, Dynam Capital, Vietnam Holding, Center for Sustainable Finance and Private Wealth (CSP), Fair Wear, UNPRI, Dutch Fund for Climate and Development (DFCD), Index Partners, and more.

The two-day conference is designed to provide both strategic and practical perspectives on ESG investment in Vietnam:

Day 1: Focuses on macro trends, policy direction, and capital market signals through keynotes and plenary discussions.
Day 2: Shifts toward execution, featuring interactive sessions such as case studies, breakout discussions, deep-dive workshops, and deal labs across sectors.

To achieve its Net Zero target by 2050 and sustain high GDP growth ambitions, Vietnam must upgrade both traditional industries (textiles, electronics) and emerging sectors (semiconductors, renewable energy, digital infrastructure).

Vietnam At An “Emerging Market” Inflection Point

The year 2026 marks a pivotal moment as Vietnam is expected to achieve FTSE Emerging Market status, signaling growing investor confidence and deeper integration into global capital markets.

Ms. Ivy Nhi Chau, Founder & CEO of Ivy+Partners, commented:
“Vietnam ESG Investor Conference plays a critical role in bridging expectations between stakeholders. We aim to shape meaningful conversations and translate ESG implementation into clear, credible, and actionable investment opportunities.”

ESG As The “Entry Ticket” To Global Capital

Amid geopolitical uncertainty, global capital flows are increasingly favoring markets with green infrastructure and resilient supply chains. Mr. Craig Martin, CEO of Dynam Capital, emphasized that ESG is no longer a narrative, it is a decision-making framework. Businesses that demonstrate transparency and accountability will have a clear advantage in attracting high-quality capital.

As ESG becomes embedded in capital culture, Vietnam ESG Investor Conference 2026 serves as a call for stakeholders to come together, not only to participate in Vietnam’s growth, but to actively shape its long-term future.

Vietnam ESG Investor Conference 2026 is co-organized by Raise Partners and Ivy+Partners, with Vietnam Innovators Digest (by Vietcetera) serving as the exclusive community partner.The conference is a high-level platform bringing together international investors, corporate leaders, and policymakers to accelerate capital flows into Vietnam’s next strategic growth phase, focusing on green growth and financial transparency.Date: May 26–27, 2026
Location: New World Saigon Hotel, 76 Le Lai Street, District 1, Ho Chi Minh City
Registration: Learn more HERE

Who Is To Blame For Child Begging At Vietnam’s Tourism Hubs?

Anh Trang — Tue, 21 Apr 2026 00:00:00 +0000

In the mountain tourist hotspot of Sa Pa, children as young as 4 or 5 can be found standing for hours in the cold, dancing, selling goods or begging visitors for money, right beside warning signs, loudspeaker announcements and regular patrols by local authorities.

Child labour in Vietnam has declined significantly in recent years, falling from 5.3% in 2020 to 1.7% in 2023, according to official data. But the most exploitative forms - including forced child labour and forced child begging – have proven harder to eliminate.

Data from the General Statistics Office in 2023 show that 76.4% of child labourers in Vietnam come from rural areas, including mountainous regions. Alongside interventions, rescue operations, and awareness-raising efforts, in 2026, the government issued Decree No. 98/2026/ND-CP, which sets out administrative penalties for child exploitation in a bid to address the issue.

Parents send children directly to the street

Small children begging for money in Sa Pa. | Source: Lao Dong Doan The

In Sa Pa, child begging has persisted for decades. By 2024, local figures recorded around 100 street children alongside 50-60 adults involved in vending and begging. Following a series of interventions, the number fell to about 30 in the first half of 2025 and to fewer than 10 after enforcement campaigns. However, reports in 2026 suggest the problem has resurfaced.

Authorities have rolled out a mix of enforcement and softer measures, including fines and warnings, alongside school enrolment campaigns and livelihood support for families. Tourists are also urged not to give money to children, with warnings delivered through loudspeakers, patrols and direct messages.

However, these efforts cannot completely solve the issues.

Many of the children seen begging come from poor H’Mông and Dao households. On a good day, they can earn between VND 500,000 and 1,5 million (around USD $20-60) from tourists – an immediate source of income that can push families to prioritise street earnings over schooling

“As long as tourists continue to give money or buy from children in Sa Pa, families will keep sending them onto the streets because it remains a reliable source of income,” a local official said to Tuoi Tre. “We have tried to create alternative livelihoods, but few can match the immediate earnings from children selling goods or approaching tourists.”

Many children are made to carry younger children while begging or selling goods to tourists. | Source: Vietnam Plus

Similarly, a VTV report in early 2026 highlighted children in Thanh Hoa being forced to sell goods late into the night. Notably, most cases did not involve organised networks, but parents themselves were directly sending children onto the streets. Despite intervention and rescue efforts by authorities, the case once again raised concern over child exploitation.

Data from the General Statistics Office in 2023 show that about 731,600 children aged 5 to 17 were engaged in economic activities, representing 3.5% of the child population, with more than 269,600 classified as child labourers. The data also show that 76.4% of child labour cases are in rural areas, with 18.6% work at night (between 10 p.m. and 6 a.m). Nearly 35% involve in hazardous work, and more than 12% have at least one health issue.

Up to USD $1890 fine for child exploitation

Decree No. 98/2026/ND-CP, which takes effect on May 16, 2026, sets out administrative penalties for violations in social protection and child welfare, with a focus on curbing child exploitation. Key provisions include:

Forcing children into excessive housework that interferes with their education, rest or development: fines of VND 20–30 million (about $758–$1,137).
Organising or coercing children into begging, or luring them into exploitative or illegal labour: VND 30–40 million (about $1,137–$1,518).
Providing unsafe products, harmful food or addictive substances to children, or allowing their use: VND 30–40 million (about $1,137–$1,518).
Misusing children’s images or personal data for profit or harmful content (in non-criminal cases): VND 40–50 million (about $1,518–$1,890).
Caregivers abusing their roles to force dependents, including children, into hazardous or excessive labour: VND 20–30 million.
Inciting or coercing dependents into illegal activities: VND 30–40 million.

Forcing children to beg can result in a fine of VND 40 million. | Source: VOV

The fines apply to individuals and are doubled for organisations. Maximum penalties reach VND 50 million for individuals and VND 100 million for organisations, alongside additional measures such as business suspension.

Alongside a steadily improving legal framework, Vietnam has strengthened its national efforts through targeted programmes, including the 2026-2030 child labour prevention initiative, expanded labour force surveys, and cooperation with international organisations such as the ILO and UNICEF.

Authorities have also stepped up inspections, media campaigns and support measures for affected children, including access to education and counselling. However, challenges remain.

Stronger enforcement will need to match with stronger support

The government’s latest decree on child exploitation marks a stronger legal framework and tougher penalties to deter practices such as forced begging and other forms of child exploitation. However, given that many cases occur in underdeveloped areas and involve low-income households of less than VND 20 million per year, fines of up to VND 50 million may prove difficult to enforce effectively.

Rather than encouraging compliance, the fines trigger resistance from low-income families, who may perceive fines as unfair and respond by hiding children’s activities or continuing the practice. Research on legal compliance in Vietnam shows that enforcement is often weaker among poorer households due to low trust and economic pressure. With around 70% of child labour cases linked to those households, heavy penalties risk being counterproductive.

Poorer households are less likely to comply with enforcement due to low trust and economic pressure. | Source: Thanh Nien

Stronger enforcement will need to be matched by expanded support to close education gaps and ease the economic pressures on low-income families. Therefore, while local authorities in areas like Sa Pa have made some commendable efforts, a broader national effort should also be made to reduce poverty sustainably in these areas and across the country. Poverty reduction is key to addressing the issue, as it has helped cut child labour by 2.5 times between 2018 and 2023, according to UNICEF.

Ultimately, the effectiveness of the decree will depend not just on enforcement, but on whether the conditions that push children onto the streets can be meaningfully reduced.

Stronger enforcement will need to be matched by expanded support for children and low-income households. | Source: Hanoimoi

Vietnam Tightens Regulations On Foreigners: Higher Fines And Deportation For Overstays

Anh Trang — Sun, 19 Apr 2026 00:00:00 +0000

Ever since allowing e-visa entry for up to 90 days for all countries and territories in 2023, Vietnam has attracted not only a surge in foreign tourists but also a rising number of foreign criminals. In 2024 alone, 16,000 foreign nationals were reported committing offences such as robbery, drug use, and illegal immigration in Vietnam, leading to constant overloading at detention centres for foreigners.

From 2025-2026, the government has rolled out sweeping changes to immigration rules, aiming to curb violations and tighten oversight of foreign nationals. Under key legal updates, fines for overstaying can reach up to VND 40 million (USD $1519), while mandatory deportation will be immediately enforced in cases of serious or prolonged violations.

A fine of up to 40 million for overstay

Vietnam is no longer lenient when it comes to “forgetting” a visa expiry date. Under Decree 282/2025, effective from December 2025, Vietnam has introduced stricter overstay rules, which double financial penalties and trigger earlier deportation reviews compared to previous regulations.

Specifically, under the newest scale, penalties escalate quickly depending on the length of overstay: Those exceeding their visa by 1–15 days face fines ranging from VND 500,000 to VND 2 million (USD $19-76) and a formal warning. After 16 days, fines rise to VND 5–10 million (USD $190-380), triggering a deportation review. Longer overstays trigger harsher consequences: overstays of 90 days or more may incur fines of up to VND 40 million (USD $1519), along with forced deportation and long-term blacklisting.

Longer overstay can trigger immediate deportation and long-term blacklisting. | Source: Bảo hiểm Bảo Việt

Blacklists often last from 1 to 10 years, depending on the severity of the offence. Authorities have also expanded the scope of blacklisting, with immigration data increasingly digitalised and exchanged within the region. In practice, foreigners deported for serious overstays in Vietnam may face heightened scrutiny or even entry restrictions when travelling to neighbouring countries such as Thailand or Cambodia.

At the same time, Vietnam also requires foreigners to register their temporary residence with the authority under the Immigration Law (Amended) in 2023. Failure to declare the stay can cost the landlord up to 40 million VND. Foreigners who stay illegally may face administrative fines of VND 500,000-2 million (USD $19-76)

Immediate deportation for those unable to pay the fine

Vietnam’s new deportation rules for foreigners are now set by Decree No. 59/2026/ND‑CP, which took effect on 1 April 2026.

Under the new rules, foreigners who commit administrative violations such as visa overstay, working without proper authorisation, or misusing visa purposes can also be subject to deportation. This includes violations committed anywhere in Vietnam, including territorial waters and Vietnamese-registered aircraft or vessels.

The new rules also allow authorities to deport foreign nationals immediately if they are unable to pay fines. The penalty is suspended, not cancelled. This marks a shift from the previous “no pay, no exit” policy, which often kept violators in detention before fines were collected, and contributed to overloading in detention centres.

Offenders can be deported immediately if they are unable to pay the fine. | Source: Lao Dong

The new rules also establish the rights of people who face deportation. The deportee must be informed of the reasons for their removal and receive the decision at least 48 hours before enforcement.

Moreover, they can directly contact their country’s embassy or consulate and ask for a review of the decision. They are also allowed to have legal support and an interpreter when working with Vietnamese authorities.

How to legally stay in Vietnam

To legally stay in Vietnam, foreigners should first ensure they enter with the correct visa or under a valid visa‑exemption scheme. Most visitors can use the e‑visa, tourist or business visa, while several nationalities can enjoy a 30–45‑day visa‑free entry. It is essential to check the exact duration allowed and never overstay, as even a short overstay can trigger fines and may lead to deportation or future entry problems.

Foreigners staying beyond a brief visit must register temporary residence with the local police within the required time and keep their address information accurate in the system.

Foreigners must register their residence during their stay in Vietnam. | Source: Thanh Nien

If you wish to stay longer, you should plan ahead to extend your visa or change status instead of simply letting it expire. Visa extensions are possible in Vietnam through authorised agencies or online services, and in many cases, the stay can be converted into a temporary residence card (TRC) for 1–5 years if you qualify as an employee, investor, or family member.

Finally, to remain fully compliant, always avoid working without proper authorisation and pay any fines or administrative obligations. Working without a valid work permit or outside the scope of the permit can result in fines, deportation, and long‑term entry bans. By keeping visas, work status, and registration in order, foreigners can enjoy a stable and legal life in Vietnam over the long term.

Foreigners need to avoid working without a valid work permit in Vietnam. | Source: VnExpress

In Hanoi, An Average Monthly Salary Buys Just 100 Bowls Of Phở

Anh Trang — Sat, 18 Apr 2026 00:00:00 +0000

If your bạc xỉu in Hanoi suddenly feels lighter or pricier than other parts of Vietnam, it’s not just your imagination – Hanoi is simply more expensive. Data from the General Statistics Office (GSO) showed Hanoi has topped the nation's cost‑of‑living index for the seventh time in a row, even outpacing the bustling financial hub of Ho Chi Minh City.

At the same time, Hanoi’s highest regional minimum wage stands at VND 5.31 million (US$201) per month. Ms Sinwon Park, Director of the International Labour Organisation (ILO) Vietnam Office, made a simple comparison: this income level is roughly equivalent to 100 bowls of phở per month (assuming an average price of 50,000 VND per bowl).

Double the minimum is still not enough

Expanding on the “100-bowl-of-pho” analogy, Ms Sinwon Park told VnExpress that this effectively means a worker’s salary buys only about three bowls of pho a day. In practical terms, once basic meals (priced at an ordinary street stall) are covered, there is virtually nothing left for any other essential needs, either for themselves or their family.

This calculation draws from Hanoi’s highest regional minimum wage, also the highest in Vietnam, set at VND 5.31 million per month, or roughly VND 25,500 an hour.

Yet even those earning double that amount still struggle to survive.

A 2025 Talentnet survey found that skilled workers in Hanoi earn an average of VND 9.8 million per month, above the national average. A separate survey by Hanoi’s Department of Home Affairs, covering 3,000 businesses in the city, showed most employees earning between VND 8.3 million and 10 million.

However, renting a 20–30 m² studio in central Hanoi now costs VND 3.5–7 million per month, rising 10–15% annually. Added to the growing costs of education, food, and basic groceries, workers earning the city’s average salaries often struggle just to get through the month, with little to no capacity to save.

Renting a 20–30 m² studio in central Hanoi now costs VND 3.5–7 million per month. | Source: Lao Dong

“My office salary is VND 12 million, and I spend VND 8–9 million just on food,” one worker told Afamily.

Data by the General Statistics Office in 2026 showed Hanoi ranks as the most expensive city to live in Vietnam, with the cost of living standing at 3% higher than Ho Chi Minh City. Even though Ho Chi Minh City is a massive economic hub, its abundant supply of goods and strong market competition help keep overall prices lower than in Hanoi.

Not only Hanoi, but also the surrounding Red River Delta (including Quang Ninh, Hai Phong, Hung Yen, Bac Ninh and Ninh Binh) is the most expensive area to live in Vietnam.

The GSO explains that the area has a dense network of industrial parks, export-processing zones, and leading education and healthcare services, which attracted large inflows of people. This rapid urbanisation has put heavy pressure on an already limited land supply, driving up housing and accommodation costs.

Moreover, business operating costs, driven by steep commercial rents and labour costs, inevitably affect the final prices of goods and services for the consumer.

Elevated operational costs affected the final prices to customers. | Source: VnEconomy

Minimum wage raises cannot alone solve the problem

In response, the government has repeatedly raised the minimum wage to keep pace with soaring living costs. From 2021 to 2026, national minimum wages climbed by about 8–10% annually.

However, the cost of living is increasing sharply in certain essential categories. Between 2024 and 2025, Hanoi’s consumer price index (CPI) fluctuated around 3–4% per year. However, prices for electricity, housing, and education saw a steeper increase.

In particular, within the housing and utilities category, Hanoi’s average CPI in 2025 rose by 8.3% compared to 2024, driven by a 2.42% increase in clean water prices, a 7.16% rise in electricity rates, an 11.65% rise in rental housing, and a 12.31% surge in construction materials.

In other words, people aren’t spending extra; the services they rely on are simply getting more expensive. Salaries simply aren’t rising fast enough to match the surge in essential services.

Electricity bill rise contributes to the elevated cost. | Source: Thoi bao tai chinh

To address this issue, Ms Sinwon Park said Vietnam should begin considering a “living wage” in addition to the minimum wage.

According to the ILO, a living wage is calculated based on nine estimation principles that reflect the needs of workers and their families, including food, housing, transportation, education, healthcare, and other essential expenses.

They noted that a living wage cannot replace the minimum wage, but should exist alongside it to balance workers’ rights with employers’ payment ability.

The ILO representative also praised Vietnam’s efforts to protect workers’ rights through mechanisms such as the National Wage Council and the plan to develop and publish an annual minimum living standard starting in 2028.

“However, to narrow the gap between current wages and actual living costs, these institutions need to be further strengthened, particularly in terms of data, analytical capacity, and technical tools”, Ms. Park wrote on VnExpress.

Establishing a living wage is much needed to narrow the gap between the current wage and the cost of living. | Source: Tuoi Tre

Tightening Crypto Regulations: ONUS Founder Arrested Over Market Manipulation Allegations

Genesia Ventures — Fri, 17 Apr 2026 00:00:00 +0000

Founder Of Crypto Exchange Onuss Arrested In Vietnam

Vuong Le Vinh Nhan, chairman of HVA Group, has been arrested by Vietnamese authorities in connection with an alleged large-scale crypto investment scheme, marking a significant escalation in the country’s oversight of digital asset activities. The case is widely seen as a turning point, reflecting a broader shift from passive tolerance to active enforcement in Vietnam’s crypto market.

Authorities allege that the group engaged in market manipulation and fraud by issuing tokens such as VNDC, ONUS, and HNG, while using misleading promotional tactics and wash trading to artificially inflate prices and attract investors. These practices highlight structural risks within an underregulated ecosystem, where rapid growth has often outpaced investor protection mechanisms.

Ngo Thi Thao, Tran Quang Chien, and Vuong Le Vinh Nhan at the investigation agency. | Source: Ministry of Public Security

At the center of the case is ONUS, a once fast-growing crypto “super-app” that reportedly amassed millions of users. The platform enabled a range of activities, including trading, staking, and token issuance, all of which were allegedly tied to the broader scheme. Its scale and reach underscore how quickly retail-driven crypto platforms have expanded in Vietnam in recent years.

Concerns over systemic risks intensified following a recent outage on the ONUS platform, which temporarily blocked users from accessing their funds. The incident raised serious questions about asset safety, operational transparency, and the resilience of digital asset platforms operating without comprehensive regulatory oversight.

This arrest is part of a wider crackdown on crypto-related activities in Vietnam. It follows earlier enforcement actions, including the case involving Nguyen Hoa Binh linked to the AntEx project, signaling increasingly stringent scrutiny from authorities. In parallel, regulators are accelerating plans to introduce licensed domestic exchanges under a pilot framework, aiming to formalize the market, tighten oversight, and better manage capital flows. As these measures take shape, Vietnam’s crypto sector is expected to transition from rapid, retail-driven expansion toward a more regulated and institutionally aligned phase.

Warburg Pincus Eyes Participation In Vietnam International Finance Centre

Warburg Pincus is exploring participation in Vietnam’s International Financial Centre (IFC), signaling growing interest from global capital players in the country’s ambition to position itself as a regional financial hub. This move reflects broader confidence in Vietnam’s efforts to upgrade its financial ecosystem, not merely as a standalone project but as part of a long-term strategy to attract institutional capital and enhance market sophistication.

The IFC is being developed as a gateway for global capital, with planned locations in major cities such as Ho Chi Minh City and Da Nang. By anchoring the initiative in key urban and economic centers, Vietnam aims to strengthen its role in regional financial networks while creating a more attractive environment for foreign investors seeking access to Southeast Asian markets.

Permanent Deputy Prime Minister Nguyen Hoa Binh receives Mr. Christopher Turner, Managing Director of private equity firm Warburg Pincus. | Source: VGP

Warburg Pincus’ potential involvement is underpinned by its longstanding commitment to Vietnam. The firm has invested nearly $2 billion across sectors including finance, real estate, and technology, positioning it as one of the country’s most active private equity investors. This track record reinforces the significance of its interest in the IFC, suggesting that the initiative is gaining traction not only in vision but also in execution.

Beyond capital markets, the firm is also assessing opportunities tied to supporting infrastructure, including data centers and high-tech ecosystems aligned with the IFC’s development. This reflects a broader understanding that building a financial hub requires an integrated ecosystem, where digital infrastructure and technology capabilities play a critical role alongside financial services.

Vietnamese authorities have actively encouraged Warburg Pincus to contribute to capital market development and expand its investments in areas such as high-tech, energy, and digital infrastructure. This proactive engagement highlights the government’s role in shaping the IFC as a comprehensive platform for economic growth, rather than a purely financial or real estate-driven initiative.

EIB Global, Techcombank To Provide $230m Credit For Green Investment In Vietnam

European Investment Bank Global and Techcombank have signed a €200 million ($232 million) credit facility aimed at accelerating climate and sustainability projects in Vietnam. The agreement reflects a broader shift toward bank-led climate finance, where international capital is channeled through domestic financial institutions to expand access and strengthen long-term financial infrastructure.

The funding is designed to support private-sector green lending, focusing on areas such as renewable energy, energy efficiency, and sustainable transport. By targeting these sectors, the initiative addresses a key financing gap in Vietnam’s private economy, while reinforcing a model that enables local banks to play a central role in distributing green capital more effectively at scale.

This effort is closely aligned with Vietnam’s broader climate commitments, including its participation in the Just Energy Transition Partnership and its long-term goal of achieving carbon neutrality by 2050. By linking financing directly to national sustainability targets, the partnership ensures that capital deployment contributes to measurable progress in the country’s energy transition.

Ms. Nicola Beer, Vice-President of the European Investment Bank (EIB), and Ms. Nguyen Thu Lan, Vice Chairwoman of the Board of Directors of Techcombank, announce the agreement. | Source: Sai Gon Giai Phong Newspaper

Beyond funding, advisory support will play a critical role in strengthening implementation capacity. EIB Advisory will work with Techcombank under the Greening Financial Systems programme to enhance climate risk management, improve disclosures, and support the execution of green finance strategies. This combination of capital and technical assistance underscores a more comprehensive approach to building a sustainable finance ecosystem.

The deal also reflects a broader framework of cooperation between Vietnam and the European Union, particularly under the EU’s Global Gateway strategy. Since 1997, the European Investment Bank has deployed approximately €800 million in Vietnam, demonstrating a long-standing commitment to the country’s development. With its extensive customer base and strong digital infrastructure, Techcombank is well positioned to scale climate finance across the economy, reinforcing the role of domestic banks as key conduits for international green capital.

Vietnam AI Hackathon Lotushacks 2026 Wraps With $1m In Prizes

LotusHacks 2026, a Vietnam-based AI hackathon offering a total prize pool of $1 million, has concluded after attracting more than 1,500 participants from over 30 countries. The event saw the formation of more than 200 teams, with approximately 60 percent of participants coming from Vietnam, underscoring the country’s growing presence in the global AI landscape. More notably, the scale and structure of the event reflect a broader shift in how hackathons are being repositioned—not as one-off competitions, but as entry points into more comprehensive startup sourcing and venture-building pipelines.

Organized by GenAI Fund, the hackathon received strong backing from major ecosystem players, with judges and partners representing organizations such as OpenAI, Amazon Web Services, and Coca-Cola. This integration of global technology firms and corporate stakeholders signals a more end-to-end ecosystem approach, where early-stage ideas are not only evaluated but also connected to industry players who can support their development and deployment.

The four members of FocusIQ team won first prize at LotusHacks 2026. | Source: Organizing Committee

The winning teams demonstrated a clear focus on real-world applications of artificial intelligence, reinforcing the growing emphasis on practical innovation. FocusIQ introduced an EEG-based exam preparation tool, Tiny-Detective developed a solution for detecting counterfeit goods in ecommerce, and COCO created an interactive learning platform for children. This focus on deployable solutions aligns with a model that prioritizes moving ideas quickly from prototype to real-world use cases, particularly in sectors where immediate applicability is critical.

Beyond the competition itself, LotusHacks 2026 also functioned as a gateway into structured startup development. Top-performing teams are eligible to enter programs such as the FastTrack AI Accelerator, where they can access funding, mentorship, and opportunities to pilot their solutions with enterprise partners. By linking hackathons with accelerators and enterprise partnerships, the model enables a more seamless transition from ideation to execution, allowing startups to validate and refine their products in real-world environments.

Data from GenAI Fund further indicates that enterprise demand is a dominant force shaping the AI startup landscape. Approximately 92 percent of applicants to its programs are focused on B2B solutions, highlighting strong demand for enterprise AI applications. In response, startups are given opportunities to engage in paid proof-of-concept projects with corporate partners, enabling early monetization while reducing development risks and shortening sales cycles. This emphasis on early validation with real customers is particularly suited to AI development, where practical deployment is essential, and further positions Southeast Asia, including Vietnam, as an increasingly active hub for enterprise AI innovation.

Vietnam, Germany Boost Innovation, Startup Ecosystem Connectivity

Vietnam is strengthening its collaboration with Germany to enhance connectivity across innovation and startup ecosystems, signaling a strategic shift in how the country approaches its development in this space. Rather than focusing solely on capital inflows, the partnership reflects a broader move toward ecosystem-driven growth, where long-term competitiveness is built through deeper structural linkages.

At the core of this collaboration is a focus on connecting ecosystems instead of prioritizing standalone investments. The initiative emphasizes institutional cooperation, linking universities, research institutes, and innovation hubs across both countries. This approach highlights a transition away from short-term funding mechanisms toward building a more integrated and sustainable innovation infrastructure.

Deputy Prime Minister Nguyen Chi Dung and the high-level delegation visit and work at the TU Berlin. | Source: Government News

Innovation intermediaries play a central role in facilitating this process. Cooperation between Vietnam’s National Innovation Centre and Germany’s startup ecosystem players, such as CfE, is key to enabling knowledge transfer and fostering ecosystem development. These partnerships act as bridges, ensuring that expertise, resources, and best practices can flow more effectively between the two markets.

In parallel, talent development and research collaboration have been identified as priority areas. Efforts are being directed toward training programs, scientific research, and strengthening innovation capacity within Vietnam’s academic and technology institutions. By investing in human capital and R&D capabilities, the partnership aims to create a stronger foundation for future innovation.

Ultimately, the initiative is designed to position Vietnam more deeply within global innovation networks, particularly in Europe. By embedding itself into these international ecosystems, Vietnam is working toward transitioning from a fast-growing startup market into a more mature and globally integrated innovation hub, with stronger capabilities across education, research, and technology development.

Genesia Ventures is an early-stage venture capital firm operating in Japan and Southeast Asia, with a strong belief in the long-term potential of Vietnam’s digital economy. Beyond providing capital, the fund actively supports startups through strategic guidance and connections to a broader regional network.

Asia Rising 2026: A Regional Dialogue On Leadership, Innovation, And Collaboration

Cao Vy — Tue, 24 Feb 2026 09:30:00 +0000

Continuing its mission of connecting global leaders, Asia Rising 2026 – the Regional Conference of Eisenhower Fellowships (EF), will take place from March 13 to 15, 2026, at The Reverie Saigon, bringing together Fellows, Trustees, and leaders, policymakers, and innovation experts from across Asia and beyond.

Under the theme “Asia Rising – Connecting Leaders, Shaping the Future,” the conference focuses on the transformative forces shaping the region: climate change, innovation, digital transformation, and Asia’s expanding role in the global landscape.

As the center of economic and technological gravity shifts eastward, Asia is no longer merely an “emerging region”, it has become a proactive force in setting new standards for sustainable growth, artificial intelligence, and regional cooperation. Asia Rising 2026 creates a strategic platform for dialogue on how Asian leaders can collectively shape the next chapter of global collaboration.

Asia Rising 2026 brings together leaders from business, policy, academia, and technology to discuss the economic, geopolitical, and innovation trends shaping Asia today.

Why Ho Chi Minh City?

Vietnam stands at a pivotal moment in its development journey, marked by robust economic growth, a vibrant innovation ecosystem, and deepening international integration. As the country’s most dynamic economic hub, Ho Chi Minh City provides a compelling backdrop for conversations about the region’s future.

Choosing Vietnam as host not only reflects the country’s rising profile, but also highlights Southeast Asia as one of the key engines of global growth.

Ho Chi Minh City provides a compelling backdrop for conversations about the region’s future. | Source: Báo Nhân Dân

What To Expect At Asia Rising 2026?

Over three days, the conference will revolve around major themes including:

Asia’s role in a shifting geopolitical landscape
Sustainable development and climate collaboration
Artificial intelligence, digital transformation, and healthcare innovation
Leadership in an era of global uncertainty

Beyond formal sessions, the core spirit of Eisenhower Fellowships remains central: meaningful dialogue, intergenerational connections, and the rare opportunity to step away from daily demands to reflect on long-term leadership and impact.

Asia Rising 2026 is more than a conference, it is a convening point for individuals shaping Asia’s future, and through it, the future of global cooperation.

Eisenhower Fellowships

A Gathering Of Distinguished Leaders

The appeal of Asia Rising 2026 lies in its distinguished lineup of speakers and thought leaders who are directly driving significant change:

Tony Fernandes – CEO of Capital A (AirAsia), the visionary who transformed regional aviation.
The Honorable Jane Harman – Former U.S. Congresswoman and national security strategist.
The Honorable Christine Todd Whitman – Vice Chair of EF and former Governor of New Jersey.
George de Lama – President of Eisenhower Fellowships.

They will be joined by prominent Vietnamese voices, including Professor Vu Minh Hoang (Fulbright University Vietnam), Mai Huu Tin (U&I Investment Corp), and Tien Nguyen (Earth Venture Capital), among others.

The conference extends beyond panel discussions. Its true value lies in the EF spirit: authentic conversations, cross-generational connections, and a rare opportunity to pause from routine work to collectively envision long-term strategies.

Vietcetera is proud to partner with Eisenhower Fellowships Vietnam as an Media Partner, supporting discussions on leadership, innovation, and regional collaboration in Asia.

Event Details:
Date: March 13–15, 2026
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Hanoi Commits $216 Million To Flood Control Projects In 2026

Anh Trang — Wed, 25 Feb 2026 00:00:00 +0000

In Hanoi, heavy rain is not just about catching a cold or a temporary disruption. Within just 30 minutes of intense rainfall, streets can be flooded up to half a wheel deep, paralysing traffic. Chronic flooding, driven by climate change, rapid urbanisation and an ageing drainage system, is listed as one of five major bottlenecks of Hanoi, according to the capital’s 100-year master plan.

After the 2025 rainy season marked by prolonged flooding, Hanoi authorities approved 10 emergency flood-control projects worth nearly VND 5.6 trillion (about US$216 million), expected to be completed in 2026. The projects include a major underground reservoir in the Old Quarter, as well as drainage upgrades in modern residential areas such as Resco, Ecohome and Ciputra.

Ciputra, one of Hanoi’s high-end apartment complexes, is deep in flood. | Source: Tien Phong

The city’s effort to control flooding in 2026

According to the Hanoi Department of Construction, 10 flood-control projects have been classified as urgent and are scheduled for completion in the second and third quarters of 2026, ahead of the rainy season.

The 10 projects can be grouped into three categories:

Improving drainage systems: Projects focus on upgrading drainage systems in residential and urban areas, including Resco, Ecohome, West Lake West, the Diplomatic Corps area, Ciputra, Vo Chi Cong Street, Long Bien, Dong Anh and Gia Lam, as well as expanding drainage capacity along Thang Long Boulevard.
Upgrading canals and rivers to help water flow more efficiently, such as improvements to Thuy Phuong Canal, the To Lich River, and the downstream section of the Kim Nguu River connecting to the Yen So pumping station.
Building new water storage facilities, including regulating lakes and underground reservoirs in areas such as Phu Do, Yen Nghia, Thuy Phuong and Me Tri, designed to temporarily store rainwater during heavy downpours.

Enhance drainage capacity during heavy rains. | Source: Bao Chinh Phu

At the same time, Hanoi is also moving ahead with plans to build two large underground flood-control reservoirs, which are scheduled for completion in 2026 as part of broader efforts to tackle urban flooding.

One of the two facilities will be located beneath Hang Da Market, in the heart of the Old Quarter. The underground reservoir will have a capacity of 2,500 cubic metres and a reinforced concrete structure, and will be equipped with regulating pump stations, each with a capacity of 0.09 cubic metres per second. The project is expected to ease flooding in the Phung Hung–Bat Dan–Duong Thanh–Nha Hoa area.

Hanoi has experience with underground reservoirs. In 2020, the city operated its first underground flood-control reservoir, located beneath a secondary school in the Van Mieu area. The facility is believed to have helped rainwater drain more quickly, easing flooding in the area, which had long been one of the city’s worst flood-prone hotspots during heavy rainfall.

Under the Capital’s master plan with a 100-year vision, Hanoi is studying to construct a massive underground rainwater storage system integrated with transport infrastructure to comprehensively address flooding. The mega underground reservoir, with a planned capacity of around 125 million cubic metres, is slated for construction in the period of 2036-2045.

A rendering of the planned mega underground flood-control tunnel. | Source: VnExpress

Long-term solutions are needed more than urgent fixes

According to experts, despite multiple coordinated measures and substantial investment, the implementation of flood-control projects is still far behind the pace of Hanoi’s rapid urbanisation.

Scattered across different areas and employing varied approaches, the projects remain fragmented, largely experimental and reactive in nature, and have yet to tackle the city’s deep-rooted, chronic flooding problem.

The projects are leaning more toward urgent fixes than long-term solutions. | Source: VTV

Prof. Dr Nguyen Viet Anh, Head of the Water Supply and Drainage Department at the Hanoi University of Civil Engineering, pointed out that urban developments in Vietnam often replaced farmland with dense concrete surfaces before being connected to the city’s drainage network, significantly increasing pressure on an already overstretched system.

He argued that urban developers must be held more accountable, with clearer responsibilities and greater financial contributions to city-wide drainage infrastructure, rather than shifting the burden entirely onto public systems. “When building a new urban area, hydraulic modelling and trial simulations must be conducted to assess how much additional pressure is placed on the city’s drainage system, as part of the environmental impact assessment process,” he stressed on Suc Khoe Doi Song.

Le Trung Hieu, Deputy Director of the Hanoi Department of Finance, pointed out that Hanoi cannot address a 21st-century challenge with an outdated mindset that treats water as an enemy to be expelled. Instead, he said the city should adopt the “sponge city” model — a sustainable urban planning approach in which cities absorb, store, filter, and reuse rainwater rather than allowing it to run off and cause flooding.

The model of a sponge city. | Source: Sun Group

For now, Hanoi’s flood-control efforts reflect a city searching for answers, balancing between urgent fixes and long-term ambitions. However, the city will need a comprehensive approach which integrates constructing works, land-use planning, green infrastructure, technology and smart governance to solve chronic flooding sustainably.

A Breakout Quarter Signals Vietnam’s Tech Ambition Rising

Genesia Ventures — Fri, 27 Feb 2026 08:00:00 +0000

Vietnam’s First Tech Unicorn Sees 38% Jump In Q4 2025 Report

Vietnam’s first tech unicorn, VNG, reported a strong financial performance in Q4 2025, with net revenue reaching VND 3.194 trillion (US$122.7 million), up 34% year-on-year. Adjusted operating profit rose 38% to VND 139 billion (US$5.3 million).

Growth was driven by broad-based momentum across VNG’s core businesses, particularly online gaming, the Zalo ecosystem, and fintech, while the company maintained its focus on AI development and international expansion. Online gaming gross bookings increased 38% year-on-year to VND 2.242 trillion, with 17% generated from international markets. Overseas markets overall contributed around 20% of total revenue during the quarter, reinforcing VNG’s international growth strategy.

Within the Zalo ecosystem, the platform reached 79.6 million monthly active users and processed over 2.1 billion messages daily. This performance was supported by a growing mini-app and official account ecosystem, strengthening user engagement and digital service integration.

Fintech and AI continued to emerge as key growth pillars. ZaloPay’s total payment volume rose 83% year-on-year, driven by core payment services and expanded financial offerings. Meanwhile, GreenNode and VNG Cloud merged under the GreenNode brand, consolidating VNG’s push into AI Cloud and GPU-as-a-Service solutions for enterprises across Southeast Asia.
VNG’s Q4 2025 results highlight the company’s ability to balance operational efficiency with long-term investment, even amid market volatility. With solid profit growth, rising international revenue, and increasing focus on AI and cloud infrastructure, VNG is reinforcing its position as Vietnam’s leading tech champion while laying foundations for future regional expansion.

Fintech Ekko Raises $4.2m To Improve Employee Retention And Financial Well-Being

Vietnamese fintech startup Ekko has raised US$4.2 million in a seed funding round comprising both equity and debt, aiming to expand its employee financial health platform for workers across Vietnam. The round was backed by Impact Square, Fondation Botnar, Sagana, and several Vietnamese high-net-worth individuals, reflecting strong confidence in Ekko’s impact-oriented model.

Ekko operates an earned wage access platform built around financial education, liquidity access, and savings tools. The platform is designed to help workers manage short-term financial needs and reduce financial stress.

Beyond traditional earned wage access services, Ekko has developed a SaaS employer-paid model in which companies cover service fees so employees can access their earned wages at no cost. This model is gaining traction, with roughly half of Ekko’s revenue now generated from employer-paid services.

By the end of 2025, Ekko had supported more than 100,000 employees across Vietnam. With the new funding, the company plans to expand nationwide, onboard additional employer partners, and further strengthen its platform across sectors such as manufacturing, retail, logistics, and services.
Ekko’s seed fundraising round highlights increasing investor interest in fintech solutions that address employee financial wellbeing. By combining financial education with earned wage access and employer-focused tools, Ekko is positioned to help both workers and employers improve financial stability and workforce resilience, especially in labor-intensive sectors across Vietnam.

The core team behind Ekko's operations. | Source: CafeF, Ekko

Foundational Framework For Sustainable Development For Startup Founders

Vietnam is entering what many describe as a regulatory reset. At the Genesia Orbit Workshop on the topic “Legal Mindset for Startup Growth,” Nguyen Doanh, Founder of StartupLAW, highlighted that a wave of new laws and stricter enforcement is rapidly eliminating legal grey zones. Compliance, he emphasized, is now enforced in real time rather than years later.

In this context, legal discipline is becoming a core startup capability. While many founders still treat legal matters as paperwork, a legal mindset should be embedded in a company’s operating foundation from day one, shaping ownership structures, governance frameworks, and key decision-making processes. Legal thinking is no longer an afterthought but a structural component of how a startup is built and scaled.

Early legal mistakes can create long-term structural risk. Informal equity promises, unclear cap tables, and the absence of proper vesting arrangements remain common issues, often rendering startups uninvestable regardless of their business potential. These weaknesses may not be visible at the beginning, but they tend to surface during due diligence, undermining investor confidence.

Investing in legal foundations early ultimately saves time and capital. Fixing legal and accounting issues at a later stage is significantly more costly and can delay or even derail fundraising opportunities. In today’s environment, investability increasingly depends on legal readiness. Clear governance, strong compliance, and a clean cap table are now as important as product development or growth metrics, especially when attracting professional and foreign investors.

In Vietnam's next growth phase, legal thinking is not a cost; it’s a competitive advantage. As regulation tightens, startups that combine ambition with discipline will survive and scale, while those relying on shortcuts will be filtered out. For founders, legal maturity is no longer optional - it’s foundational to trust, capital access, and long-term success. Establishing a legal framework early is critical for building sustainable businesses. Far from being an administrative burden, legal structures shape governance, manage risk, and create investor confidence, together forming a sustainable platform for growth.

Ms. Hoàng Thị Kim Dung (Country Director, Genesia Ventures Vietnam) and Mr. Nguyễn Doanh Nguyễn (Founder of StartupLAW). | Source: Genesia Ventures Vietnam

DBJ And SSIA Launch Japan Vietnam Capital Fund

The Development Bank of Japan (DBJ) and SSI Asset Management (SSIAM) have jointly launched the Japan Vietnam Capital Fund, a new Vietnam-focused investment vehicle targeting an initial size of approximately US$90 million. The launch follows the full deployment of their previous private equity fund and marks SSIAM reaching US$1 billion in assets under management (AUM), reflecting its growing credibility and execution capability with both domestic and international investors.

The fund will primarily invest in listed Vietnamese companies, while also making selective allocations to private enterprises that demonstrate strong transparency and sufficient scale. Typical investment tickets are expected to range from US$20-30 million, with flexibility for larger deals depending on market conditions.

Designed with an eight-year investment horizon, the fund adopts DBJ’s patient capital strategy. Exits will be driven by market conditions rather than fixed timelines, with partial exits expected to remain a key strategy.

SSIAM executives noted that 2026 represents a turning point for Vietnam’s capital markets. IPO activity is reopening, regulatory clarity is improving, and potential listings of FDI enterprises are attracting strong investor interest. In addition, Vietnam’s reclassification to Secondary Emerging Market by FTSE Russell signals higher standards of transparency and market practices.

The Japan Vietnam Capital Fund underscores continued confidence from Japanese and regional institutional investors in Vietnam’s capital markets. With a long-term horizon, focus on high-quality listed companies, and disciplined governance standards, the fund is positioned to support Vietnam’s next phase of market development and capital market maturation.

SSIAM partners with DBJ to establish the Japan Vietnam Capital Fund. | Source: VnEconomy

Vietnamese Healthcare Firms Return To Fundraising As Investor Momentum Builds

Vietnamese healthcare firms are returning to the fundraising market as investor momentum strengthens across the sector. Renewed interest is evident among several major players, including GIC-backed Nhi Dong 315, Gene Solutions, and Buymed, all of which are reportedly raising capital at the moment.

Private equity activity also remains robust. Vietnam Investment Group has invested in Nam Saigon Hospital, which has operated a hospital in Ho Chi Minh City since 2018. Meanwhile, strategic M&A and exits continue to shape the sector. Recent transactions include DKSH’s acquisition of Biomedic and Nissha’s acquisition of a 60% stake in USM Healthcare, providing an exit for Eastbridge Partners. Other exits have included Nhi Dong 315 through Thien Viet Securities and Tam Tri Medical through VinaCapital.

Investors are increasingly doubling down on healthcare opportunities. After achieving a 1.4x MOIC from its investment in Tam Tri Medical, VinaCapital is exploring additional private hospital deals while continuing to expand Thu Cuc Hospital. Rising investor appetite is underpinned by both demographic strength and accelerating industry modernization.

These trends are supported by strong sector tailwinds, driven by an aging population, rising incomes, and continued upgrades to Vietnam’s healthcare infrastructure. However, dealmaking remains complex due to regulatory requirements and challenges related to land use and real estate ownership.

Regionally, private equity interest in healthcare remains resilient. In Southeast Asia, healthcare deal value reached approximately US$1 billion by the end of November 2025, with annualized 2025 value potentially hitting US$3 billion. Across the broader Asia-Pacific region, buyout activity totaled US$22 billion across 72 transactions.

Vietnam’s healthcare sector is experiencing an exciting resurgence in fundraising and consolidation activity, supported by favorable demographic trends and strong private equity momentum. As investor confidence and appetite grow, the sector offers compelling opportunities for strategic partnerships and value creation. Nevertheless, thoughtful deal structuring and navigation of regulatory and land-use complexities will remain critical to unlocking the sector’s full potential.

This Ho Chi Minh City Neighbourhood Was Named One Of The World’s Coolest

Quỳnh Anh — Sun, 01 Mar 2026 00:00:00 +0000

Time Out Magazine has ranked Nguyễn Thái Bình Ward in central Ho Chi Minh City among the world’s coolest neighbourhoods in 2025, placing it at number 11 alongside celebrated districts in Tokyo, London, and Paris.

Located in downtown Ho Chi Minh City near Ben Thanh Market, the neighbourhood is a dense grid of workshops, vintage markets, restaurants, bars, and creative venues.

According to Time Out, its global network of writers and editors were asked to “nominate the vibiest district in their hometown right now.” It is worth noting, however, that Ho Chi Minh City’s nomination was not made by a hometown resident, and the perspective inevitably carries a Western lens. Was it local? Not quite. Nevertheless, the area still embodies what the magazine describes as “an unshakeable proclivity for ingenuity and fun.”

Below is the recommendation from Time Out.

Ho Chi Minh City Museum of Fine Arts. | Source: Quynh Tran for VnExpress

The Itinerary Recommended By Time Out

Nguyễn Thái Bình looks like any urban tangle of Vietnamese streets—workshops, motorbikes, and steaming bowls of soup—but it rewards those who explore beneath the surface. After dark, behind rolling shutters and historic facades, globally acclaimed restaurants and secret bars have taken root. Vintage markets and culinary hotspots offer a fresh perspective on Saigon’s layered identity.

A perfect day in Nguyễn Thái Bình:

Morning: Beat the queues at Bún Riêu cua ốc Phan Rang for crab and snail noodle soup.
Late Morning: Sip a latte at Hoàng Thị Cafe before wandering Lê Công Kiều Street’s antique dealers and the bustling Dân Sinh (Yersin) Market.
Lunch: Enjoy classic family-style Vietnamese at Bếp Mẹ Ỉn.
Afternoon: Visit the Ho Chi Minh City Museum of Fine Arts to explore local creative histories.
Evening Start: Begin at Madam Kew’s, a transformed opium den turned cocktail bar, with a Pink Riot in hand.
Dinner: Book ahead for Quince Eatery, known for its wood-fire cooking, just downstairs.
Nightcap: Try bar hopping. Find 419.Bar through its hidden entrance behind a vintage camera cabinet, then unwind at The Arth with live saxophone beneath the railway station clock.

Plan your visit:

Visit on a Saturday to catch free chocolate tastings at Maison Marou at 3 p.m. and stay into the night when the neighbourhood’s bars reach their most electric.

Source: Quince Saigon

Hanoi’s Major Overhaul Plan For West Lake: What Will Change?

Anh Trang — Sun, 01 Mar 2026 00:00:00 +0000

West Lake, the largest natural lake in Hanoi, has long served as one of the capital’s most popular recreational spaces. Stretching over 526 hectares, it is a familiar backdrop for morning joggers, cyclists and residents seeking respite from the city’s congestion.

That familiar landscape may soon change. Under a newly approved master plan, Hanoi authorities aim to transform the area into “a sustainable cultural, tourism and creative economy hub”. The proposal includes widening surrounding roads, expanding green spaces and constructing new viewing decks as part of a broader urban overhaul scheduled for 2026–2030.

But will the overhaul enhance the lake’s character — or fundamentally reshape it?

The plan pledges no impact on West Lake

On January 27, Hanoi passed a resolution to revamp West Lake and its surrounding landscape comprehensively. The project, valued at roughly VND 30 trillion (approximately US$1.2 billion), will be implemented under a public–private partnership (PPP) model.

The overhaul is set to cover roughly 575.6 hectares, including 520.9 hectares of West Lake’s existing water surface. With the remaining 49.7 hectares, including land and smaller lakes, the plan included

Widen surrounding streets, including Nhat Chieu, Ve Ho, Trich Sai, Nguyen Dinh Thi, Quang An and Quang Ba. Those streets will be expanded from 8.5–9.5 meters to 21-24 meters wide. Sidewalks on the residential side will range from 1–3 meters, while those facing the lake will be extended to 5 meters. Retaining the current layouts of Thanh Nien, Quang Khanh, Tu Hoa, Yen Hoa and Lac Long Quan streets, with upgrades to sidewalks, flower gardens and park areas.
Construct 27 viewing desk around West Lake, along with two floating public squares: Van Cao Square and Kim Nguu Pier Square
Build two landscape bridges, Nhat Chieu and Sam Cam with an average width of about 10 meters.
Build six boat piers for West Lake, including three main terminals and three auxiliary docks.
Additional development land will be allocated for projects such as the Four Seasons Flower Park, Dam Dong Park, Ben Chum Garden and Thuy Su Pond, as well as commercial and service facilities, underground parking, environmental protection works, landscape lighting systems and outdoor live performance shows.

The roads around West Lake may triple in width under the new plan. | Source: kinhtedothi

Under this plan, Hanoi aims to turn West Lake into “a sustainable cultural, tourism, and creative economy hub of the capital”, while maximising the site’s unique landscape, historical, cultural, and ecological values. The city also aims to improve residents’ quality of life, drive socio-economic development, and enhance Hanoi’s image and standing.

Tran Hieu, Deputy Head of the West Lake Management Board, said the expansion of lakeside roads would not require land clearance or affect residential properties. The project will also not reduce West Lake’s water surface area, as the Hanoi People’s Committee has required that the lake remain unchanged when approving the plan.

The water surface of West Lake will remain unchange under the plan. | Source: Tuoi Tre

A representative of Tay Ho Ward’s People’s Committee also affirmed that the road widening would not impact heritage sites or residents living in the surrounding area.

Will expansion undermine quality of living?

West Lake as a popular place for morning exercise. | Source: Vietnamnet

Architect Tran Huy Anh, a Standing Committee member of the Hanoi Association of Architects, said that West Lake holds a uniquely significant position. It is one of the few remaining spaces that balances a rapidly developing city with elements of nature, history and urban memory.

However, for many years, West Lake has been viewed primarily as a source of added value for lakeside real estate. The water surface and surrounding landscape have gradually been encroached upon and enclosed by dense construction, leaving the lake increasingly vulnerable to the pressures of accelerated urban development.

Developing West Lake as a modern public space represents Hanoi’s effort to preserve this unique area and prevent further concrete encroachment and ecological degradation. However, this development direction has also raised concerns among experts.

High density of apartments around West Lakes. | Source: nguoidothi

Architect Tran Huy Anh described West Lake as a tranquil and highly valuable space that helps regulate the balance of urban life, which has long attracted high-income residents to settle in the surrounding area as a combination of residence and retreat.

“If West Lake is treated as the city’s central park, then opening large roads around it would effectively turn the area into a highway,” he said. “That would contradict the very activities the lake is meant to support, which require quietness. The area would also lose its appeal to high-income residents, as the quality of living would inevitably decline,” he added with Nguoi Lao Dong.

The architect stressed that West Lake is not a place for further concretisation, nor a testing ground for shallow planning ideas. Any project affecting the lake, he said, must be preceded by rigorous, measurable assessments of its impact on the water ecosystem, air quality, landscape and residents’ livelihoods.

Hanoi is moving forward with one of its most ambitious urban development plans, aiming to become a modern, highly developed metropolis by 2050. The renovation of West Lake forms a key part of that vision. It requires a careful balance between unlocking economic potential and preserving the qualities that make the lake indispensable to the capital’s identity.

Whether the overhaul becomes a model of sustainable urban renewal or a cautionary tale of overdevelopment will depend on how carefully that balance is maintained.

Can West Lake develop without losing its own identity? | Source: Bao Chinh Phu.

Buyouts in Southeast Asia: When Foreign Funds Choose Control Over Minority Stakes

Genesia Ventures — Tue, 03 Mar 2026 10:00:00 +0000

India’s Marico acquires 75% stake in Vietnam’s Skinetiq JSC

Marico South-East Asia Corporation (MSEA) has entered definitive agreements to acquire a 75% equity stake in Skinetiq Joint Stock Company, valuing the Vietnamese beauty firm at $38.6 million. Founded in 2020, Skinetiq operates as a direct-to-consumer (D2C) company that owns the skincare brand Candid and holds exclusive Vietnamese distribution rights for the global luxury skincare brand Murad.

Skinetiq reported $17 million in revenues in CY2025 while maintaining a sustainable EBITDA margin in the mid-twenties. The company’s growth is driven by its ability to leverage social commerce and dermatology-led content to attract young, digitally savvy consumers, with most revenue generated through online channels.

Vietnam’s beauty market has become an increasingly attractive environment for consumer goods companies. The sector is expected to reach $2.74 billion in 2026, supported by a young population and rapid e-commerce growth. Marico’s acquisition of Skinetiq follows its other recent digital-first investments, including acquiring a 60% stake in the Indian wellness brand Cosmix.

Marico’s acquisition of Skinetiq shows that Vietnam’s D2C beauty market has matured enough to attract major international consumer goods players. By securing Candid - a high-margin, digitally native brand - Marico is positioning itself to invest ahead of the curve in a market projected to grow steadily through 2029. This deal reflects broader interest in Vietnam’s beauty sector, following other significant moves like Alibaba’s investment in the Vietnamese beauty chain Hasaki.

The signing ceremony between Marico and Skinetiq. | Source: Tuổi Trẻ Thủ Đô

Acquisition of a Vietnamese chicken chain… Why The Ventures is betting on Southeast Asia

Korean venture capital firm The Ventures has made a strategic move in Vietnam by acquiring a 65% controlling stake in Chicken Plus, a Vietnamese chicken franchise with 75 stores. Following the acquisition, the firm is implementing a management shift toward delivery, focusing on reducing store sizes and strengthening delivery and online channels to capitalize on Vietnam’s rapidly growing delivery market.

The Ventures plans to build a comprehensive dining conglomerate modeled after Korea’s Harim, aiming to vertically integrate operations by running its own poultry farms and B2C brands. This acquisition aligns with the firm’s broader view of Vietnam as a favorable investment climate, driven by its population of over 100 million, rising middle-class income, diligent workforce, and consistent government support for foreign investors.

Beyond food and beverage, The Ventures is also expanding into entertainment, preparing a Vietnamese film investment fund and noting that local blockbusters can reach 700-800% ROI thanks to low production costs. The firm’s diverse portfolio in Vietnam already includes companies such as Ecomobi (AI-powered influencer commerce) and Refeed (a climate-tech startup focusing on sustainable aviation fuel). However, the region’s competitive landscape is intensifying as Korean VCs face growing competition from active Japanese CVCs and venture capital firms.

The Ventures’ move marks a significant evolution from passive minority investing to active buyout strategies in Southeast Asia. By leveraging a “time-machine” investment thesis - viewing Vietnam’s current growth stage as similar to Korea 10-12 years ago - the firm is applying proven Korean business models (like high-density delivery and vertically integrated F&B) to a younger, high-potential market. This hands-on approach, backed by a resident partner on the ground, positions them to deliver more reliable exits through M&A as Vietnam’s domestic dining and entertainment sectors scale up.

A storefront of the Chicken Plus fried chicken chain. | Source: Vietnam Financial Times

Vietnamese AI startups attract foreign capital

Early 2026 has seen a surge in multi-million-dollar investments from Japan, Europe, and international funds into Vietnamese AI startups that have demonstrated practical business results.

In the B2B space, NamiTech secured $4 million from Japan’s Toho Gas and Thien Viet Securities (TVS) to scale its voice AI and natural language processing solutions across Asia. Arctis AI raised $1 million in pre-seed funding to automate administrative workflows in the construction industry, achieving rapid expansion in Europe.

On the consumer side, AI Hay - a generative AI knowledge search platform - completed a $10 million Series A round, bringing its total funding to over $18 million. The app has reached 10 million downloads and processes more than 100 million questions monthly.

These developments reflect a shift in investor mindset. International investors have moved away from funding mere “ideas” and now prioritize AI startups that prove tangible cost savings, productivity gains, and scalability. Vietnam is also viewed as a high-potential destination thanks to its abundant tech talent, competitive development costs, and a domestic market of more than 100 million people. Vietnamese engineers are moving beyond “software outsourcing” to building specialized, core AI products for global markets.

All in all, there is a significant maturation of the Vietnamese AI ecosystem. AI is no longer just a “buzzword” or a movement of “surface-level” trends; it has become a practical tool for business transformation. By focusing on vertical-specific solutions - such as construction management or healthcare customer service - Vietnamese startups are effectively bridging the gap between technological potential and commercial reality.

Ho Chi Minh City launches Vietnam International Financial Center (VIFC-HCMC) announces four strategic pillars

Ho Chi Minh City officially launched the Vietnam International Financial Center in HCMC (VIFC-HCMC) on February 11, 2026. The newly established center is built on four core financial sectors.

The first pillar, aviation finance, focuses on providing aircraft leasing, insurance, and fleet financing to reduce Vietnam’s dependence on foreign financial hubs.
The second pillar, maritime finance, aims to leverage Vietnam’s export-driven economy to expand trade finance and maritime risk management capabilities.
The third pillar centers on digital finance (fintech), emphasizing “on-chain” economics such as tokenized assets and smart contract–based letters of credit (LC).
The fourth pillar targets the international interbank market, with plans to build global-level international exchanges and cross-border payment systems, including QR-based payment infrastructure.

VIFC-HCMC has outlined ambitious membership and capital goals. The center aims to reach 200 members this year, including companies with market capitalizations between $1 billion and over $10 billion. Over the next five years, it plans to attract 5,000 businesses and $100 billion in total capital. Significant commitments have already been secured, including $6.1 billion for aviation finance and $2 billion for smart city data infrastructure from partners such as FPT and UAE’s G42. Founding members include major institutions such as Sovico Group, MB Bank, TPBank, VinaCapital, Gemadept, and TikTok.

The launch of VIFC-HCMC represents a fundamental shift from a traditional “destination for capital” to an “infrastructure for capital allocation” deeply integrated with the real economy. By prioritizing high-tech infrastructure and innovative models like blockchain-based T+0 clearing, the city is betting on digital differentiation to compete with regional rivals like Singapore and Dubai. Success will depend on the transition from vision to execution, specifically the center’s ability to maintain real liquidity and improve its current global financial ranking.

Perspective rendering of the Ho Chi Minh City International Financial Center drafted by the Department of Finance. | Source: Screenshot, Thanh Nien

Legalities to early operations for Vietnam’s IFC

Vietnam has completed the core legislative and policy framework required to support the development of its International Financial Centre (IFC). The enabling framework now spans taxation, finance, banking, dispute resolution, labour, land, and governance. While this foundation is in place, substantial work remains to transition from establishing legal documents to building an internationally viable financial hub.

The year 2026 has been designated as a period of institution-building. During this phase, Vietnam will develop fundamental institutions, including executive and supervisory bodies, while staffing essential professional functions. A key objective for the coming months is to reach initial operational functionality, enabling the IFC to process real cases and manage early applications.

Experts estimate that the path to full maturity - where processes operate seamlessly and rules are fully internalized by the market - may take seven years or more. Institutions that join in the initial phase will have the opportunity to act as both users and contributors, helping to set norms and refine administrative procedures. Success in the first year will be measured by foundational progress, such as core institutions becoming operational and the legal framework being applied in practice.

The establishment of the IFC marks a pivotal moment in Vietnam’s economic journey, signaling a shift from founding legal documents to the creation of a functioning financial hub. While the completion of the legal framework is a significant milestone, the true challenge lies in the iterative process of learning and calibration required to build international credibility. By investing heavily in fundamentals like governance and digital administrative systems now, Vietnam is laying the necessary groundwork for a sophisticated, long-term financial ecosystem.

Da Lat’s Only Airport Will Close for Six Months: How to Get There Without Flights?

Anh Trang — Tue, 03 Mar 2026 11:00:00 +0000

On February 27, Lam Dong authorities announced that Lien Khuong Airport - Da Lat’s only air gateway - will close from March 4 to August 28, 2026, for a major facility upgrade. During this period, all commercial flights to and from this tourism hub will be suspended.

The airport currently connects Da Lat with major domestic destinations including Hanoi, Hai Phong and Ho Chi Minh City, as well as international routes from Kuala Lumpur (Malaysia) and Taoyuan (Taiwan). Authorities estimate that the six-month shutdown could affect around 960,000 passengers.

The shutdown for a major transformation

The planned shutdown marks the most consequential upgrade in the history of Lien Khuong Airport.

First built in 1933, the airport has undergone several rounds of improvement. In 2009, it underwent a major upgrade to accommodate larger aircraft and increased passenger capacity, helping transform Da Lat from a remote highland retreat into an accessible domestic tourism destination. In 2019, the airport can accommodate medium-range commercial aircraft such as the Boeing 767 and Airbus A320 and A321, with a handling capacity of 1.5 to 2 million passengers per year.

The airport was renovated several times to handle larger aircraft. | Source: Lao Dong

However, according to Lam Dong’s Department of Construction, Lien Khuong International Airport has been operating far beyond its original design capacity. Each year, the airport welcomes more than 2,5 million passengers.

After a long period, several key infrastructure components have deteriorated, including the runway and taxiways, which no longer fully meet operational safety and efficiency requirements.

Under the master plan, Lien Khuong Airport will be upgraded to grade 4E - the highest classification of Vietnam’s international airport - with a targeted capacity of 5 million passengers per year by 2030 and around 7 million passengers annually by 2050.

Lien Khuong Airport will welcome 7 million passengers by 2050. | Source: SGGP

The major shutdown focuses on rebuilding the airport’s operational backbone, positioning it not only to handle current demand but to support Da Lat’s long-term role as an international tourism gateway in the Central Highlands.

A plan to welcome 12 million visitors without flight options

According to Lam Dong authorities, the closure of Lien Khuong Airport will affect around 960,000 passengers. During this period, Da Lat will have to rely on road transport, with connections from the South Central Coast and Southeast regions, posing significant pressure on transport infrastructure and the risk of prolonged congestion. It may also lose a large amount of high-end and international travellers, who typically prioritise time over cost.

Da Lat might lose a large number of high-end and international travellers. | Source: Vietskytourism

However, authorities have set an ambitious target: to attract 12 million visitors to Da Lat during the airport closure period. To sustain tourism without direct flight access, several measures are being rolled out:

First, road connectivity is being strengthened. Lam Dong is expediting the completion of key transport routes, including National Highway 28B linking Ho Chi Minh City to Da Lat, which is expected to cut travel time from 6-7 hours to around 4,5 hours.
Second, the city aims to attract visitors towards deeper, longer stays by promoting experiential tourism products such as agricultural tours, wellness travel, and a revitalised night-time economy.
Finally, authorities are working to enhance the journey from nearby airports to Da Lat. Under the message “One journey – multiple experiences,” travel routes will integrate coastal destinations like Mui Ne and the dramatic landscapes of Ta Dung with Da Lat’s signature romantic charm, turning transit into part of the tourism experience.

A route which cut travel time from Ho Chi Minh City to Da Lat to 4,5 hours. | Source: Lao Dong

Alternative way to travel to Da Lat

Passengers holding a ticket to Da Lat from March 4 to August 25 are entitled to a refund or ticket changes in accordance with airline support policies. Airlines currently operating these routes — including Vietnam Airlines, Vietjet Air and Bamboo Airways — have notified passengers with tickets on these days and are guiding available options.

With air access temporarily suspended, a common alternative is to fly to Cam Ranh International Airport (Khanh Hoa) and then continue to Da Lat by road. The distance from Cam Ranh to Da Lat ranges from 130 to 150 kilometres, with travel time by car taking approximately 3 to 4 hours, depending on traffic conditions.

Cam Ranh International Airport (Khanh Hoa). | Source: Bao Chinh Phu

If travelling from Ho Chi Minh City and nearby provinces, visitors can opt for an entirely road-based journey. From Ho Chi Minh City, travellers can take National Highway 20, with the trip to Lam Dong typically taking around 6 to 7 hours. Once National Highway 28B is completed (expected by March 2026) travel time could be reduced to approximately 4,5 hours.

Passengers can choose between taxis, private cars, limousine services or coaches. They are advised to book in advance to avoid inconvenience.

Travellers with more time may also consider reaching Da Lat by rail. The nearest railway station is Nha Trang, located about 134 kilometres away. From there, passengers can continue their journey to Da Lat by coach.

The Living Tradition Of Whale Deity In Vietnam

Tam My — Thu, 05 Mar 2026 00:00:00 +0000

Every spring and summer, along stretches of Vietnam’s central and southern coastline from Thanh Hoa to Kien Giang, fishing villages come alive with drums, incense smoke, and colorful processions at sea. Interestingly, these rituals are not for a war hero, not a village guardian spirit, but an animal: the whale.

Known reverently as Cá Ông (the “Whale Lord”) or Nam Hải Cự Tộc (Great Being of the Southern Sea), the whale occupies a sacred place in the spiritual life of many fishing communities. To generations of Vietnamese fishermen, it is an expression of gratitude toward a being believed to have saved countless lives at sea.

A tradition rooted in fishing communities

This tradition is most prominent in the central and southern coastal provinces, particularly from Thanh Hoa down to the Mekong Delta provinces at Kien Giang. It is not equally practiced across all Vietnamese coastal cities.

These communities historically depended on offshore fishing with sea storms posed as constant danger, and were influenced by Cham culture. Northern coastal regions such as parts of Quang Ninh or Hai Phong have maritime traditions but do not practice whale worship as extensively due to differences in beliefs that were not influenced by Cham culture. The custom flourished primarily in Central Vietnam, and was more affected by natural disasters.

A celebration of whale god's symbolic reuniting with the ocean in a Whale Worship festival, Vung Tau. | Source: Adrien Jean for Saigoneer

A legend of the Whale as a protector

While there are multiple versions of the origin story, most share the same core narrative: a whale rescues fishermen caught in violent storms.Scholars trace the belief back to Cham maritime culture, which flourished along the central coast before Vietnamese southward expansion (Nam Tiến) around the 15-16th century. The Cham people, deeply connected to seafaring trade networks, worshipped sea deities and marine spirits.

In Cham oral tradition, Pô Riyak was originally a man named Eh Wa (Ja Aih Wa). Born into poverty, he left home to study sacred knowledge abroad. Against his teacher’s warning, he returned prematurely to save his homeland from turmoil. As a punishment, storms shattered his raft near Champa waters. In some versions, he was swallowed by a shark. In others, divine forces struck him down. His spirit then merged with the whale.

Over centuries, as Vietnamese settlers moved south and integrated with Cham communities, these maritime beliefs were absorbed and reinterpreted. In Vietnamese retellings, whales appear during threatening storms to lift sinking boats onto their backs and push fishermen safely toward the shore.

Another popular legend holds that whales are sent by the Jade Emperor (Ngọc Hoàng) or the Dragon King (Long Vương) to protect those who make their living from the sea. While fleeing Tay Son forces at sea, Nguyen Anh was caught in a violent storm. His boat was on the verge of capsizing. A massive whale surfaced, pressed its back against the vessel, and guided it safely to shore. After ascending the throne in 1802, Gia Long was said to have issued an imperial decree granting the whale the title:

“Nam Hải Cự Tộc Ngọc Lân Tôn Thần”

(Great Jade Linh Venerable Deity of the Southern Sea)

Largest whale cemetery in Phuoc Hai fishing village, Vung Tau. | Source: VOV VN

The God of Sea in today’s belief

When a whale washes ashore, an event considered sacred, local fishermen conduct elaborate funeral rites similar to those of a respected elder. The whale is buried with ceremony. After several years, the bones are exhumed, cleaned, and enshrined in a Lăng Ông (Whale Temple).

In these temples, fishermen pray for: a year of calm seas, safe voyages, and abundant catches.

Cá Ông (Whale God) is often addressed with honorific titles such as “Nam Hải Đại Tướng Quân” (Great General of the Southern Sea), reflecting the blending of folk belief with Confucian and imperial honor systems. In this way, the whale becomes what many fishermen describe as their “God of the Sea” as a guardian presence watching over their survival.

The 8-metre bronze Whale statue in Vung Tau, was just completed before the Lunar New Year 2026. | Source: Trường Hà for VnExpress

Whale worship festivals across regions

Central Coast

In places like Danang, the Cầu Ngư festival is usually held in the early lunar months (often between February and April). Rituals include:

Processions carrying the whale deity’s tablet
Offerings and incense ceremonies
Boat parades at sea
Traditional hát bả trạo (a ceremonial rowing chant reenacting rescue at sea)

Vietnam’s largest Whale skeletons on displayed at Ly Son island. | Source: Công Lý

South-central coast (Binh Thuan, Khanh Hoa, Vung Tau, Can Gio)

In south-central provinces, festivals may coincide with the start of the main fishing season, usually in early spring in lunar February and March. Communities organize both religious rites and communal feasts, reinforcing solidarity among fishermen.

The Whale Worship Festival or locally called Nghinh Ông Festival in Southern Vietnam, notably Nghinh Ong Thang Tam (Vung Tau) and Nghinh Ong Can Gio (Ho Chi Minh City), has been recognized by the Ministry of Culture, Sports and Tourism as a National Intangible Cultural Heritage.

The Whale Worship Festival in Can Gio is considered the largest annual festival of coastal residents in Southern Vietnam. The procession includes the main ceremonial committee, assistants, singers, musicians, and ceremonial guards. | Source: Dat Thanh for The Saigon Times

Mekong Delta (Ben Tre, Kien Giang)

Here, the ritual calendar may differ, often tied to shrimp and offshore fishing cycles. The festival usually takes place in different months depending on the locality, most commonly in the 2nd lunar month (such as in Ca Mau on February 13-16) or in the autumn months from July to September (such as in Kien Giang on October 15-16 or Can Gio on Full Moon day August). The ceremonies are sometimes less theatrical than in Central Vietnam but remain spiritually significant.

For fishermen who venture into unpredictable waters, survival has always depended on forces beyond human control. Before modern navigation systems and weather forecasting, the sea could turn deadly without warning. Stories of whales guiding boats or appearing during storms became part of collective memory.

Whale Worship festival in Phan Thiet. | Source: Xuân Phương for Saigoneer

The Story Of Vietnam’s First Wave Of Feminism

Tam My — Sat, 07 Mar 2026 09:41:37 +0000

According to UN Women, feminism is “the belief that everyone, regardless of gender, should have equal rights and opportunities.” Although the concept is often associated with Western political movements, early discussions about gender equality in Vietnam emerged within debates about modernization, education, and national survival during the colonial era.

Feminist voice first started in colonial Vietnam

In traditional Vietnamese society, women’s roles were largely shaped by Confucian norms that emphasized obedience to father, husband, and son. Sayings like “Công, dung, ngôn, hạnh” (household skills, graceful appearance, modest speech, and virtue) reinforce the notion that a woman’s worth is tied to domestic virtue, obedience, and moral preservation.

The early 20th century marked an important turning point. When colonial authorities introduced educational reforms and the spread of chữ quốc ngữ (Romanized Vietnamese script), the earliest discussions about women’s rights began to take shape. One of the most influential platforms for these debates was the women’s press.

In 1918, Nữ Giới Chung (Women's Bell) newspaper was founded - the first Vietnamese newspaper dedicated to women. Led by poet Suong Nguyet Anh, the publication addressed topics such as women’s education, moral reform, and family life. Although the newspaper lasted only a few months, it opened one of the earliest public forums where women's issues could be discussed.

Suong Nguyet Anh, Editor-in-chief of Nu Gioi Chung – the first Vietnamese women's newspaper. | Source: Brands Vietnam

Intellectuals and reformers advocating women’s rights

The conversation continued in the following decade.

By the late 1920s, more prominent female intellectuals began to emerge. Writers such as Huynh Thi Bao Hoa and Phan Thi Bach Van contributed essays and literary works that reflect on women’s status in society. Followed by the success of Phu Nu Tan Van (1929–1935), the second women's newspaper published in Southern Vietnam, further expanded these conversations with many newspapers established by women in the following years.

The feminist discussions of this period were not limited to women alone. One notable example was educator Dang Van Bay, whose book Nam Nữ Bình Quyền (Gender Equality), written between 1925 and 1927, argued that women deserved equal rights and social recognition.

Circulating widely across the three regions of Vietnam, newspapers and books act as a media platform creating a vibrant space for discussions about education, marriage reform, literature, and social change. They posed questions such as: Should women get access to education? Should they participate in public life? What role should they play in a modern nation?

Phu Nu Tan Van’s cover of issue 28, November 7, 1929, shows a picture of three girls with a poem expressing the newspaper motto: "Phấn son tô điểm sơn hà/Làm cho rõ mặt đàn bà nước Nam". | Source: The Holyland Of Vietnam Studies.

Women rights became part of nationalism in 1940-1970s

Vietnam’s women’s movement unfolded in the context of colonial domination and national resistance. Historian Bui Tran Phuong notes that early feminist debates operated under two powerful constraints: centuries of Confucian patriarchal norms and the political repression of French colonial rule.

During wartime periods, women were celebrated as symbols of courage and sacrifice. Cultural expressions such as the saying “Giặc đến nhà đàn bà cũng đánh” (When the invaders come the women fight too) illustrate how women were portrayed as capable defenders of the nation.

After the war, women’s rights were often intertwined with nationalist aspirations: nation building. Education for women, for example, was frequently justified not only as a matter of equality but also as a way to cultivate modern citizens who could contribute to national progress.

More than a hundred years later, the early debates about women’s rights and equality still resonate in contemporary discussions about gender in Vietnam. Looking back at these early newspapers and intellectual movements reveals that feminism in Vietnam has been part of the country’s intellectual life for more than a century.

Photoshoot “We can do it” in “Cô Ba Sài Gòn” film, inspired by the American "Rosie the Riveter" propaganda poster from World War II. | Source: Kênh 14

Portraits Of Vietnamese Women In Propaganda Art

Thanh Trúc — Sun, 08 Mar 2026 00:00:00 +0000

On the occasion of International Women’s Day (March 8), revisiting the propaganda posters preserved at the Vietnam Women’s Museum reveals how Vietnamese women were placed at the center of history.

From wartime to the early years of peace, women in these artworks were not confined to the domestic sphere. They stepped into the national landscape: on the fields, in factories, on training grounds, and at the borders.

All photos from this article belongs to Vietnamese Women’s Museum.

On the frontline: When women took up arms

During the war years, propaganda art portrayed women in resolute stances:

Militia members holding both rifle and plough.
Young female volunteers stationed along the front lines.
Female soldiers depicted with steady gazes and determined expressions.

Propaganda poster by Nguyễn Tiến Cảnh (1968).

Propaganda poster by Dang Nhan (1973).

Propaganda poster by Thuc Phi (1973).

Propaganda poster by Quoc Thai (1973).

Propaganda poster by Huynh Van Thuan (1972).

Vietnamese women in propaganda posters were portrayed not only as the steadfast backbone of the home front, but as indispensable figures on the front lines. They stood shoulder to shoulder with men, embodying a readiness across all arenas: from direct combat and local militia forces to agricultural production and logistical support for the battlefield.

This imagery reflected a profound shift in social perception. Women were no longer seen solely through domestic roles, but as a true “strategic force” in the struggle for national liberation and postwar reconstruction.

On the fields and in factories: Production as a frontline

Alongside wartime scenes were powerful depictions of labor and productivity:

Women harvesting rice, planting crops and gathering produce.
Female factory workers operating machinery and assembly lines.
Women mastering new techniques and modern agricultural tools.

Propaganda poster by Thái Sơn.

The visual message was clear: production was a strategic mission, and women were central to it.

Many posters depicted women to master technology, roles once assumed to belong exclusively to men.

Propaganda poster by Tô Liên (1972).

Propaganda poster by Ho Lieu (1973).

These images celebrated Vietnamese women’s resilience, adaptability and command of science and technology. From operating complex factory machinery and engaging in scientific research to applying technical advancements in agriculture, they were portrayed as fully capable of taking on major responsibilities and contributing meaningfully to the country’s broader development.

After 1975: Building peace, safeguarding achievements

Entering the 1975–1986 period, the tone of propaganda art shifted. Fewer posters focused on women, but the themes became more specific:

Calls to increase food production.
Mobilising labour to drive economic development.
Protecting the achievements of the revolution.

Propaganda poster by Bá Tường (1978).

Propaganda poster by Trần Duy Trúc (1982).

The colors remained vivid, yet rifles gave way to baskets of rice, fruit and expansive fields. Women continued to appear as primary laborers, anchoring the imagery of reconstruction.

Notably, ethnic minority women in traditional dress began to feature in distinct contexts. In posters urging citizens to “protect revolutionary achievements,” they were often the only female figures, standing alongside male soldiers and representing frontline communities, particularly in border regions.

In works emphasising ethnic solidarity in defending the nation, women in traditional attire sometimes appeared prominently within minority groups—visually reinforcing unity and shared responsibility in safeguarding the country.

Propaganda poster by Thanh Hai (circa 1980–1985).

Propaganda poster by artists Lê Thiệp and Trọng Sùng (1981).

This may simply have been an artistic choice, a way to foreground highland cultural identity, where women often hold central roles in community life. Though never explicitly explained, their placement within these compositions suggests that women were intended to symbolize the community itself.

Beyond traditional gender roles

Taken as a whole, propaganda art from these two periods did not frame women strictly within domestic narratives. They were not depicted solely as mothers or wives confined to the home, but as a strategic force of the nation.

At the same time, these portrayals carried implicit expectations. Women were envisioned as meeting new social demands while still fulfilling traditional responsibilities. They fought, they produced, they managed.

This idealisation reflects a particular historical moment, when collective goals outweighed individual roles. Even as domestic care was rarely shown, it remained an assumed duty. The focus of propaganda art was to encourage individuals to rise beyond conventional boundaries.

Google Search In The AI Era: End Of The Road Or A Rebirth?

Cao Vy — Mon, 09 Mar 2026 18:00:00 +0000

For a while now, a persistent whisper has been echoing through the tech world: "Is AI finally killing Google Search?". In a digital landscape where generative AI can write poetry, debug complex code, and hold human-like conversations, the traditional search bar, once our undisputed front door to the internet, suddenly felt like a relic.

I’ll admit, I felt it too. There was a period where I found myself "straying" from my usual search habits, lured by the novelty of chatbots. The industry narrative seemed set: traditional search was in decline , and younger generations were moving toward social discovery or AI-driven "answers" that bypassed the search index entirely.

"Is AI finally killing Google Search?". In a digital landscape where generative AI can write poetry, debug complex code, and hold human-like conversation,... | Source: Getty Images

The Rebirth Of Search

However, my own behavior has recently told a completely different story. I’ve found myself re-engaging with Google Search more intensely than ever before. This change isn't because I went back to my old ways; it's because Search itself has been "reborn" right at the top of the results page through AI Overviews (AIO).

Instead of "swimming" through a sea of links to filter information myself, I’ve started trusting the intelligent suggestions right in front of me. It has fundamentally changed my habits. I use Search more frequently and no longer type in fragmented keywords. Instead, I ask complex, conversational questions that are often 2 to 3 times longer than before. I now expect a "partner" that understands even my most vague intentions.

Search itself has been "reborn" right at the top of the results page through AI Overviews (AIO). | Source: Search Engine Journal

Gen Z And Southeast Asia: The Masters Of The New Search Era

I thought this was just my personal experience, but the data reveals a massive shift, especially in Southeast Asia. Contrary to predictions that young people would abandon Search, Gen Z are emerging as "Power Users" (Skip the age range), the most loyal and active group embracing AI search experiences.

AI Fever in SEA: Interest in AI in Southeast Asia is 3 times higher than the global average.
A "Daily Breath" Habit: Nearly 9 out of 10 youths in the region have already integrated AI into their daily lives.
Search Dominance: GenZs value this transformation the most; they feel 'Paradox of Choice' more than any other generation and see AI-powered Search as the 'cure'. Young people (18-35) globally and also in SEA are driving the most pronounced query growth with AI Overviews.

Why is Gen Z so "obsessed" with AI-powered Search? The answer lies in trust. In an era of "information overload," young people see AI Search as the solution to the "Paradox of Choice". They feel they can make decisions faster (82%) and more confidently (80%) with AI assistance.

Gen Z (ages 18-35) are emerging as "Power Users", the most loyal and active group embracing AI search experiences. | Source: Pexels

From Mere Information To True Intelligence

Search is no longer just dry keywords; it has evolved into a deeply intuitive journey. With Lens (now processing over 25 billion queries a month) or Circle to Search, finding what you need is as smooth as a single touch.

The most fascinating part is that AI isn't "swallowing" Search; it’s making the "pie" bigger. Heavy users of Large Language Models (LLMs) are actually the ones returning to Google Search the most. Simply put, no other platform can replace the depth of a massive index of over 100 billion web pages, combined with the logical reasoning of Gemini to provide the most accurate answers.

Conclusion: A Collaborative Future

Search isn't dead; it’s just putting on a new suit: smarter, more personalized, and more "human".

For brands, this is a vital wake-up call. When young people rely on AI Search to find answers for every purchase decision, becoming a part of that answer is the only way to remain relevant. Search is no longer just a tool; it has become a trusted "advisor" for the future generation.

Hanoi Cuts Train Services To Famous Train Street: Can It Remain A Tourist Magnet?

Anh Trang — Tue, 10 Mar 2026 04:58:35 +0000

In the heart of the bustling Old Quarter, Hanoi Train Street is one of the city’s most unusual and thrilling experiences. Located along the railway line near Hanoi Railway Station, this narrow residential street is lined with small cafés set just inches from active train tracks.

For years, the attraction has drawn thousands of visitors, even as authorities repeatedly cracked down on it over safety concerns. Now, with Hanoi moving to reduce trains along the stretch, the fate of this controversial destination may once again be reshaped.

Seven years of continuous ban

The train runs through Train Street. | Source: Thanh Nien

Hanoi Train Street runs along the railway line through Phung Hung, Le Duan and Tran Phu streets, near the Old Quarter and Hanoi Railway Station.

Once a residential area for railway employees, the street gained international attention in 2014 after being featured in foreign media as an unusual urban spectacle, where trains passed just steps from people’s homes. According to data from Tripadvisor, in 2018, the keyword “Hanoi Train Street” began ranking among the top must-try experiences in Vietnam, fueling on social media platforms such as Instagram and TikTok.

As growing crowds of tourists flocked to the railway cafés, concerns mounted over rail safety.

In October 2019, Hanoi authorities ordered a ban on all commercial activities along Train Street. Despite heightened surveillance, warning signs and checkpoints, just three months later, tourists were climbing over barriers, and café operations along Train Street resumed as usual.

Tourists climb over barriers to enter the train street. | Source: VTV

In September 2022, the ban was stricter, as not only were barriers erected, café on the Train Street also faced revocation of their business licenses. Just three months later, one café was hit with a fine after a famous footballer posted a photo of himself enjoying coffee on the railway street.

In 2023, the Hanoi Department of Tourism instructed travel companies not to organise tours to Train Street. In 2025, the authorities continue to enforce the ban and warn tour operators not to bring visitors to the Train Street to comply with train safety and avoid accidents.

However, despite the bans, barriers and warning signs, the number of visitors to Hanoi Train Street has continued to grow. Many tourists rank it among their top activities in Vietnam, drawn by the unique feeling of thrills.

Despite the barriers, tourists still enter the train street. | Source: VTV

On February 27 2026, the Ministry of Construction and the Hanoi People’s Committee agreed to reduce the frequency of passenger trains and suspend freight services passing through the Train Street area and Long Bien Bridge. It followed Hanoi’s earlier proposal to suspend passenger train operations along this railway section.

The move is seen as a way for Hanoi to reduce the risk of railway accidents at Train Street while preserving one of the city’s most iconic check-in spots. However, with its defining feature being trains passing just inches from the cafés, scaling back rail traffic could also take away the excitement that makes Train Street attractive to tourists.

Thrill vs. Safety: Hanoi’s ongoing dilemma

For city authorities, Train Street has long posed a dilemma: how to reconcile railway safety regulations with a tourism phenomenon that has taken on a life of its own.

In 2023, the city introduced Hoa Xa café, inside Long Bien Railway Station, branding it as “Hanoi’s only official railway café.” Unlike the informal trackside venues, the café is set at a regulated distance from the rails, and visitors are required to comply with railway safety rules while enjoying the view.

Hoa Xa cafe - the official alternative for Train Street. | Source: Kinhtedothi

Yet one officially sanctioned café is unlikely to resolve the broader issue. So far, Hanoi has not developed a comprehensive alternative railway café zone that is both safe and capable of matching the unique appeal that draws tourists to Train Street in the first place.

The success of Train Street lies not only in its distinctive feature, but also, paradoxically, in the fact that it has been repeatedly banned. Scott Campbell, a travel writer for CNN Traveller, observed that the more Hanoi Train Street is restricted, the more magnetic it becomes.

Tourists take pictures at the Train Street. | Source: VTV

According to Mr. Nguyen Tien Dat, Vice Chairman of the Hanoi Tourism Association, from a safety and security perspective, all activities at Train Street cafés are currently in violation. However, if a ban proves ineffective, the expert suggests shifting toward management instead — similar to how Taiwan regulates the experience along the famous railway tracks in Shifen.

In Shifen, trains continue to run on an active line as tourists gather on the tracks to release lanterns — an activity that began spontaneously and later drew safety concerns. Rather than banning it, authorities introduced fixed train schedules, designated time windows, licensed vendors, and required staff to clear the tracks before trains pass. The risk remains, but it is managed rather than eliminated.

Tourists release the lanterns at Shifen, Taiwan. | Source: InnoTour

Mr Nguyen Tien Dat proposes that Hanoi could pilot a new model by officially recognizing Train Street as a designated tourist attraction while imposing strict safety controls. Businesses could contribute fees to fund protective measures such as warning lights and loudspeaker systems to alert visitors when trains are approaching. The funds could also support trained staff responsible for guiding tourists to safe zones, with announcements delivered in both Vietnamese and English.

For many visitors, Train Street represents something quintessentially “Hanoi”: chaotic yet intimate, risky yet communal. The latest adjustment to rail operations may reduce immediate safety risk, but it also raises a question: without the roar of trains passing inches from café tables, can Train Street remain Train Street?

Whether Hanoi’s new approach signals a gradual phase-out or a strategic compromise remains to be seen. What is clear, however, is that after seven years of bans and revivals, Train Street continues to test the city’s ability to manage tourism, safety and urban identity all at once.

With less train, can Train Street remain Train Street? | Source: Nguoi Lao Dong

New Roadmap For Female Leaders In Bar Industry: Inside Woman At The Forefront Of F&B

Trieu Vi — Tue, 10 Mar 2026 10:00:00 +0000

Ho Chi Minh City right now feels like a city in motion, with new venues, new standards, and a bar scene that's actively competing for attention and credibility. Amidst this nightlife that is growing at a breakneck pace, the Women at the Forefront of F&B event provided a deeply insightful pause.

Held on Friday, February 27th, at Mam Mam Eatery & Lounge, the gathering brought together over 70 attendees. This was not just a general hospitality talk, but a specialized panel focused deeply on the bar and spirits industry.

The event brought together prominent female figures: Rachel Tann (Academy Chair, Asia’s 50 Best Bars - Southeast Asia & Korea), Julie Tu (Deputy Food & Wine Director, Tatler China; Founder, Intention Guide), Shirmy Chan (Co-Founder & Bar Director, TeRu.Mi the tender bar), and Rochelle Nguyen (Managing Partner/Co-founder, 86 Proof Whiskey Bar & Mámi Cocktails).

The session was moderated by Hao Tran (CEO, Vietcetera).

The event aimed to spotlight the female trailblazers shaping cocktail culture across Southeast Asia. | Source: Summer Experiment

Through this, the panel illuminated the core elements of what it takes to build venues, lead teams, meet global benchmarks, and stay relevant in the market. This article captures the most useful takeaways, including the mindsets, operational systems, and industry truths that will help Saigon’s bar scene grow up without losing its soul.

Myth-busting the “glamour”: The bar business runs on discipline

In the age of social media, many mistakenly believe that the bar business revolves around attention. However, external “attention” like buzz, awards, or packed rooms is not a shortcut; in reality, it comes with immense pressure and responsibility.

Beverage Director Shirmy Chan shared directly: “Attention creates opportunities, but it doesn't mean a shortcut to success... behind that it's about endurance and discipline.”

Shirmy Chan emphasizes that the true core of the bar business relies heavily on endurance and discipline behind the scenes. | Source: Summer Experiment

The nature of this work is strictly multi-role, ranging from bartender to owner or beverage director. It requires a seamless combination of craft, financial management, leadership, and even emotional support for the team. The eye-catching performances during “peak hours” are truly just the visible layer of the iceberg. What genuinely matters, keeping the machine running smoothly, is the unseen consistency behind the scenes: prep, standards, training, and recovery after mistakes. A growing bar scene needs to stop optimizing only for “viral moments” and start optimizing for repeatability, which means maintaining consistent quality.

The real scoreboard: Revenue is loud, profit is quiet

A harsh truth in the F&B industry: A packed bar can still be a fragile business model. Sustainability is built through structure, not just “vibes”. And true profit lives within the operational systems.

Rochelle Nguyen completely shattered popular misconceptions when she asserted: “People think bar owners are swimming in cash. I swim in spreadsheets.” This reflects the core of the business equation: Revenue does not equal profit. Profit appears only when your financial structure is disciplined, encompassing cost control, financial forecasting, pricing logic, and waste management.

Rochelle Nguyen highlights the importance of strict financial structure and operational systems over mere revenue. | Source: Summer Experiment

“Mastering your craft” nowadays is not just about mixing a good drink; it involves product fluency, understanding the numbers, customer insight, and team clarity.

This competence becomes your leverage: the more fluent you are, the more confidently you can negotiate, set boundaries, and make decisions that protect your business. A maturing scene means operators will talk more about measurement frameworks (profit margins, staffing models, inventory management) and less about “overnight success” stories.

What’s next for Ho Chi Minh city?

Ho Chi Minh city is ready to level up; but the next chapter isn’t about copying global trends. It is about building a solid pipeline consisting of identity, credibility, and leadership pathways.

Rachel Tann’s perspective pointed out that recognition systems shape growth, but the long game is positioning on the global map without losing identity - with a clear point of view, consistent execution, and a story that matches the glass. The scene's advantage is that Ho Chi Minh city has vibrant energy and density; however, the biggest challenge is converting that into repeatable excellence.

Rachel Tann discusses the critical balance between meeting global standards and preserving local identity. | Source: Summer Experiment

Building on that idea, Julie Tu’s perspective showed that visibility is not merely about publicity; it shapes perception, credibility, and opportunity. And the women standing on stage today are here “because we’re good at what we’re doing”.

Julie Tu points out that visibility is a tool to shape credibility and career opportunities. | Source: Summer Experiment

Beyond one panel: A clearer path for women to lead

Women at the Forefront of F&B was not merely a conversation about trends, pressures, or business realities. It was also a visible example of women already leading from the frontlines, mapping out a clearer pathway for women to step into leadership.

In an F&B ecosystem that is growing rapidly but still evolving, the importance of this visibility is undeniable. Leadership in the bar world is still developing, especially when it comes to women in ownership, decision-making, and top operational roles. Seeing women speak openly about craft, finance, pressure, and authority helps make that path feel more concrete and reachable than ever before.

By putting female operators and founders at the center, the event mapped out a clearer, more accessible path for the next generation of women leaders. | Source: Summer Experiment

The event has directly contributed to shaping where the entire industry can go next. By putting female operators, founders, and industry voices at the center, the panel mapped a clearer future: a future where more women feel encouraged to step into leadership, claim ownership, and make the decisions that shape the industry itself.

The event was brought together by Summer Experiment in collaboration with Sofitel Plaza Saigon, who partnered to create a platform for meaningful industry dialogue and community building.

The New “Prime Time” Of Vietnam’s Digital Generation: The Rise Of Intentional Watching On YouTube

Cao Vy — Wed, 11 Mar 2026 01:00:00 +0000

Recently, while observing the market closely, I’ve noticed a fascinating shift in Vietnam’s digital landscape. Alongside the explosion of short-form content on platforms like TikTok, Reels, or Shorts, where users are easily swept away by fleeting, seconds-long clips, another powerful trend is quietly redefining the market: the return of "Intentional Watching."

Vietnamese audiences are now turning to long-form content on YouTube and serialized programs not just to pass the time. They are choosing to immerse themselves in deep storytelling and high-quality content with production standards that rival traditional cinema and television. We are entering the era of Social Entertainment, where platforms become the premier destination for inspirational stories and community connection.

The Professionalization Of The Creator Economy

Vietnam’s creative ecosystem is flourishing, led by a generation of "Premium Creators." These are no longer amateur hobbyists but professional studios producing programs capable of directing the cultural zeitgeist:

Honoring Cultural Values: Channels like Am Thuc Me Lam or Khoai Lang Thang have elevated Vietnamese heritage through cinematic visuals, earning respect even from international audiences.
Intellectual Dialogues: Podcast series like Have A Sip on Vietcetera have turned long-form conversations into a weekly "viewing ritual" that is indispensable for young intellectuals and professionals.
Mass Entertainment 2.0: Large-scale reality shows like Anh Trai Say Hi, Vuot Ngan Chong Gai, or most recently, the Gia Dinh HaHa phenomenon, prove that long-form content is now the main stage for Vietnam’s biggest entertainment events, nurturing massive and highly engaged fan communities.

Large-scale reality shows like Anh Trai Say Hi, Vuot Ngan Chong Gai, or most recently, the Gia Dinh HaHa phenomenon, prove that long-form content is now the main stage for Vietnam’s biggest entertainment events. | Source: Facebook Gia Dinh Haha

Connection Via The Big Screen: When YouTube Returns To The Living Room

In recent years, the "Mobile-first" trend dominated the conversation, inadvertently distracting us from a powerful space of connection. This space holds not just content value but premium emotional value, providing the deepest experience for tens of millions of Vietnamese users. Will users spend all their time on vertical screens, or have they recognized and returned to the depth and strength of a shared connection?

By 2026, YouTube’s reach in Vietnam has become more comprehensive than ever. With over 62 million users, the platform is an inseparable part of daily life. A key driver of this growth is the boom of Connected TV (CTV). Families and groups of friends are gravitating back toward the "big screen" in the living room to watch YouTube together, blending the comfort of traditional TV with the diversity and autonomy of digital content.

By 2026, YouTube’s reach in Vietnam has become more comprehensive than ever. | Source: Unsplash

Opportunities For Brands: Building Engagement Through Real Value

For brands looking to grow in the Vietnamese market, YouTube offers a unique space to move beyond mere impressions and build genuine Brand Love. The focus has now shifted toward Integrated Storytelling:

Elevating the Experience: Successful brands are becoming part of the content’s value proposition—partnering with in-depth documentaries or educational series that audiences truly appreciate.
Engagement Overreach: The Vietnamese "Netizen" is incredibly active. When a brand supports a creator they love, the community often rewards that brand with high engagement and positive sentiment in the comments.
Celebrating Vietnamese Identity: Today’s audience has a strong preference for "Made in Vietnam" stories. Brands that align with cultural milestones and local creators tap into a powerful sense of national pride.

Towards a Collaborative Future

The future of media in Vietnam is one of partnership and expansion. YouTube provides a vast canvas for creators, brands, and audiences to connect in ways never seen before. By participating in this high-quality, long-form ecosystem, brands are doing more than just advertising, they are becoming a memorable part of the viewer’s daily entertainment ritual.

Hui Bon Hoa's Villa Then & Now: From A Private Mansion To Public Memory

Tam My — Wed, 11 Mar 2026 03:48:16 +0000

In February 2026, Ho Chi Minh City officially introduced No.1 Ly Thai To Park, one of nine key urban projects marking a new development phase. HCMC’s planning priorities to expand green space and strengthen community-centered urban design.

The centrally located land plot, which has been left idle for years, has now been revived as an open public space. At the heart of the park stands the Water Droplet Monument, commemorating Covid-19 pandemic’s victims.

But before becoming a public green space, what did this estate represent?

The row of well-preserved old villas with their distinctive yellow color and the maintenance of existing greenery spaces (ancient trees). | Source: Ngô Quyền

Once home to old Saigon’s wealthiest family

Hui Bon Hoa was born in 1845 in Fujian, China, later arrived in Cholon-Saigon at the age of 20 and began working at a pawnshop owned by a Frenchman. Over time, he expanded into multiple pawn businesses and, more importantly, real estate business. By 1887, he had become a French citizen and steadily built one of the largest real estate empires in colonial Saigon.

Much of the family’s large-scale architectural development was carried out by his sons after his death in 1901. By 1975, the family had left Saigon. The properties were taken over by the government, some repurposed as cultural institutions. Yet not all of the family’s estates found immediate new life.

Hui Bon Hoa patriarch, better known by local as chú Hoả (Uncle Hoa). | Source: Fernand Hui Bon Hoa

His family accumulated thousands of properties and owned many private houses in Saigon at that time, colloquially called Nhà Chú Hoả (Uncle Hoa’s Mansion). While the mansion at 97 Pho Duc Chinh (now the Ho Chi Minh City Fine Arts Museum) was built in 1929 by a French architect Rivera to honor Hui Bon Hoa’s legacy, the Ly Thai To villas (now No.1 Ly Thai To park) were constructed around the 1950s by his descendants as a resting place for Uncle Hoa's family after work.

From a private mansion to abandoned land

Aerial view of the Ly Thai To villas, taken in 1970. | Source: VnExpress

The Ly Thai To villas were originally eight separate houses. The symbolic eight meant prosperity in Chinese numerology. The compound served as a quiet residential retreat for the extended family along what was then Boulevard Hui Bon Hoa.

The villas were designed by French architect Paul Veysseyre, reflecting early 20th-century colonial residential architecture, blending European planning with local adaptation to tropical weather.

From 1954 onward, the villas became residences for members of the International Commission for Supervision and Control (ICSC), established under the Geneva Accords to monitor the ceasefire between French Union forces and the Viet Minh following the First Indochina War. After 1975, the Ministry of Foreign Affairs took over the compound and converted into a Government Guest House. One villa had already been damaged, leaving seven remaining structures. In 1996, the cluster was included in a municipal list of 108 architectural landscapes recommended for preservation study.

Aerial view of the Ly Thai To villas, taken in 2024. | Source: Quỳnh Trần for VnExpress

Yet preservation paid little attention. By 2017, the site had effectively been left idle. Overgrown trees enveloped the villas; roofs leaked, walls cracked, and interiors decayed. Despite occupying prime “golden land” in District 10, the compound stood in limbo, neither redeveloped nor restored.

In November 2025, three of the seven villas were dismantled. The reason given was severe structural deterioration.

The three demolished villas numbered 2, 3, and 4 were said to have shown major cracks in load-bearing structures, water infiltration, mold, and concrete erosion, posing safety risks. Authorities stated that four remaining villas, whose structural integrity was deemed stable, would be retained.

One of the 7 abandoned villas, located on the 4.3-hectare grounds. | Source: Thanh Tùng for VnExpress

Critics questioned both the timing and the process of the demolishment. Urban researcher Tran Huu Phuc Tien, a member of the Ho Chi Minh City Urban Planning Association, described to BBC News Vietnamese that the seven villas are architecturally refined structures worthy of adaptive reuse. In his view, preserving them would not be a burden, but an opportunity: to create thematic cultural spaces, educational centers, or creative hubs within the future park.

The “golden land” debate: Preservation or replacement

In a city where real estate values continuously rise, some argued that the site should be redeveloped into a modern commercial complex for higher economic returns. Their reasoning is straightforward: the property belonged to an individual who lived more than a century ago and no longer has a direct presence in the city’s contemporary social fabric. As urban life evolves, land, they contend, should be repurposed to meet present-day economic and functional demands.

Yet another view emphasizes public memory. Even if the original owner no longer shapes today’s Saigon, the layers of history embedded in the site contribute to the city’s identity. Erasing them entirely would mean flattening those narratives.

Interior design of the villa. Each villa used to have 4-5 bedrooms, separate kitchen, dining room, studio apartment, large living room with 2 staircases. | Source: Nguyễn Trần Trọng Nghĩa for Tản Mạn Kiến Trúc - 散漫建築 - Architecture Excursion

Now the partitions between rooms have been removed to create larger spaces for exhibitions, community libraries, and academic institutions. | Source: Nguyễn Trần Trọng Nghĩa for Tản Mạn Kiến Trúc - 散漫建築 - Architecture Excursions

The expansion of public spaces

No.1 Ly Thai To Park was once a private enclave and abandoned land, now has been reopened into a shared civic space. Ho Chi Minh City chose restoration and transformation, over commercial redevelopment.

The authorities are taking a clear step toward sustainable urban development by investing in green spaces that enhance residents’ quality of life. In a dense metropolis where public space is limited, converting former private estates into accessible parks reflects a broader shift in priorities.

The transformation is also symbolic. At the park’s center stands the Water Droplet Monument, designed to resemble falling tears within a memorial space. In this way, the site links layers of the city’s history, from its colonial past to the collective memory of the Covid-19 pandemic, bringing different moments of the city’s story into a single landscape.

A panoramic view of the memorial area with the sacred "Water Drop" monument. This 6-meter-tall stainless steel is crafted by sculptor Pham Van Hang, surrounded by 360 candles and nearly 1,000 light points. | Source: @duongginsaigon

Vietnam Encourages Working From Home As Iran War Disrupts Fuel Supplies

Anh Trang — Thu, 12 Mar 2026 09:40:32 +0000

Long lines of cars and motorbikes have been seen outside petrol stations across Vietnam, as drivers rush to fill up their tanks amid fears of fuel shortages. On March 8, concerns over rising fuel prices and potential supply disruptions prompted many people to stockpile gasoline in various ways — from filling large containers and barrels to lining up trucks at Petrolimex stations, causing a sudden surge in demand within a short period.

The concerns stem partly from disruptions at the Strait of Hormuz following the conflict between the U.S. and Iran, which has unsettled global oil flows and contributed to volatile fuel prices. Although major distributors such as Petrolimex say Vietnam’s current fuel reserves could last until April 2026, rising prices and supply uncertainties have already fueled public anxiety and stockpiling.

In response, Vietnam’s Ministry of Industry and Trade has urged changes in consumption and business practices to help maintain stable fuel supplies and curb price volatility. Among the measures is encouraging work-from-home arrangements to reduce fuel consumption. Some of the other measurements include:

Capping fuel price rises at 1-5%

At one point, gasoline prices in Vietnam rose by as much as 8,000 VND per liter, roughly from about $0.75 to $1.13 per liter, an increase of nearly 40% within weeks. While fuel prices in Vietnam remain lower than in regional markets such as Thailand (around $1.30 per liter) and Singapore (about $2.80 per liter), the pace of the increase in Vietnam has been significantly sharper.

Fuel prices have seen a gradual increase. | Source: Thanh Nien

Vietnam has implemented several mechanisms to cushion domestic fuel prices from global volatility. One key tool is the Fuel Price Stabilization Fund, which allows authorities to offset sharp increases in global oil prices and slow down price hikes in the domestic market.

On March 10, the Ministry of Industry and Trade and the Ministry of Finance announced an adjustment to retail fuel prices while drawing on the stabilization fund. Authorities released between 4,000 and 5,000 VND per liter from the fund to cushion the increase, reducing the effective price rise to around 1–5%, compared with a potential 10–34% hike without intervention.

Ensuring a stable energy supply

Vietnam is among the countries most heavily affected due to its strong reliance on energy imports from the Middle East, which is currently disrupted. Ensuring a stable fuel supply has therefore become a key priority for policymakers.

Stabilizing oil supply is Vietnam’s top priority. | Source: Bao Chinh Phu

The Ministry of Trade and Industry urged fuel distributors to diversify import sources and secure additional supplies to reduce dependence on any single region. They encouraged distributors to sign long-term contracts with partners in Southeast Asia, Australia, and the United States to supplement supply in case shipping routes through the Middle East are disrupted.

In the meantime, the government has worked with domestic refineries such as Dung Quat Oil Refinery and Nghi Son Refinery to maintain stable production and prevent supply shortages. Regulators have also monitored inventory levels and import plans of major distributors like Petrolimex to ensure the market remains adequately supplied.

Nghi Son refinery, Thanh Hoa. | Source: Thanh Nien

At the same time, Prime Minister Pham Minh Chinh has made phone calls to his counterparts in Kuwait, Qatar, and the UAE to secure fuel and crude oil supplies. Vietnam also decided to remove import tariffs on fuels, effective until the end of April.

Encouraging more efficient fuel consumption

In addition to supply-side measures, authorities have encouraged the public and businesses to reduce fuel consumption.

Recommendations from the Ministry of Industry and Trade include:

Working from home to reduce travel demand.
Limiting the use of private vehicles.
Encouraging the use of carpooling or public transportation.
Adopting fuel-efficient habits such as steady speeds and avoiding sudden acceleration.
Considering electric, hybrid, or biofuel-powered vehicles, with E5 and E10 blends promoted from June 1.
Cycling for short-distance trips.
Maintaining vehicles regularly to improve fuel efficiency and save 10–15% of fuel consumption.

The authorities encourage electric vehicles to limit the use of fuel. | Source: Nhan Dan

Stories We Carry: Carving Out New Space For Asian Diaspora Cinema In North America

Kiều Nga — Fri, 13 Mar 2026 03:43:52 +0000

Asian American, Native Hawaiian and Pacific Islander (AANHPI) audiences are among the fastest-growing cultural forces in the United States. They over-index by 128% on platforms like Netflix and Amazon Prime, according to Nielsen. Their buying power now reaches $1.6 trillion.

Yet Vietnamese and Southeast Asians stories rarely appear on American screens.

This gap is the focus of Stories We Carry: Diaspora Storytellers Shaping American Culture . The event is organised by Citrus, an independent distributor focused on bringing Asian and diaspora films to North American theaters.

Held at Columbia University at the Pulitzer Hall in New York City in partnership with the Columbia Weatherhead East Asian Institute’s Vietnam Arts in Action (VAIA) initiative, the event brings together Vietnamese voices across film, literature and music to discuss how diaspora narratives shape culture today. The conversation follows a screening of Summer School, 2001, the debut feature by Czech–Vietnamese filmmaker Dužan Duong.

The program signals a broadshift as diaspora cinema begins to carve out a new space in the American theatrical market.

A gathering of Vietnamese narratives across mediums

Stories We Carry brings together Vietnamese artists working across mediums but connected by the experience of the diaspora.

Dustin Nguyen, a Vietnamese American actor and director whose career spans three decades, joins the panel. His recent credits include Dope Thief on Apple TV+ and the martial arts drama Warrior. In 2023, he starred in The Accidental Getaway Driver, which premiered at Sundance.

Dužan Duong, born in Hanoi and raised in the Czech Republic, represents a younger generation of diaspora filmmakers. His debut feature Summer School, 2001 premiered at the Karlovy Vary International Film Festival in 2025.

The panel also features Hien, a Brooklyn-based Vietnamese singer and producer blending electronic textures with soulful vocals, and Kevin Nguyen, novelist and features editor at The Verge.

Moderated by Tony Bui and Kenneth Nguyen of The Vietnamese podcast, the discussion examines who shapes public narratives, how Vietnamese stories travel across borders, and what it means to release a diaspora film in the United States.

Stories We Carry brings together Vietnamese artists working across mediums but connected by the experience of the diaspora. | Source: Citrus

A new model of theatrical distribution

The event also signals the next step for Reel Citrus, founded in 2025 by executive director Brittany Tran, a company working to build theatrical pathways for Asian and diaspora films in North America.

The company focuses on theatrical-first releases targeting Gen Z and multicultural audiences, using community partnerships, grassroots campaigns and youth-led outreach to activate diaspora audiences in key markets.

Before launching its distribution arm, Citrus helped build audiences for Vietnamese titles including The Ancestral Home and Mang Mẹ Đi Bỏ (Leaving Mom). Those campaigns sold more than 84,000 tickets across North America during its opening weekends in 2025 and generated over 4.2 million organic impressions across social media.

Now the company is stepping into full distribution.

Reel Citrus has acquired U.S. theatrical rights to Summer School, 2001, marking its first fully managed release. A summer 2026 rollout is planned, beginning in diaspora-heavy markets including Los Angeles, San Francisco, Seattle, Houston and New York. Additional cities will follow depending on audience response.

The release is part of a broader distribution model the company is developing to support diaspora filmmakers while building sustainable theatrical audiences. Unlike traditional independent distribution deals that often lock films into long-term library ownership, the Citrus model prioritises theatrical and transactional release windows while allowing filmmakers to retain meaningful long-term control of their work.

The search for language, belonging and love

At the centre of the release is a quiet coming-of-age story.

In Summer School, 2001, a red-haired teenager named Kien returns to his family in the Czech border town of Cheb after ten years in Vietnam. The reunion is uneasy. He finds a distant father, tired mother, and harsh younger brother instead of the warm welcome he expected.

As summer unfolds, the brothers drift between friendship and rivalry. Their small border town becomes the backdrop of a family searching for language, belonging, and love.

The film stars Vietnamese–Czech actor and rapper Duong Bui The as Kien and To Tien Tai as his younger brother Tai. Tai’s performance earned Best Actor at Viet Film Fest 2025, where the film also won Best Film.

Set in the early 2000s, Summer School, 2001 explores what Duong calls “the ache of growing up between worlds.”

For Citrus, the film represents more than a debut. It is part of a broader experiment: how diaspora cinema can move from the margins of festivals into the center of theatrical culture.

About the event:

Stories We Carry
- Date & Time: March 16, 2026 — 11:30 AM
- Location: Pulitzer Hall, Columbia University, New York

Summer School, 2001 Screening
- Date & Time: March 16, 2026 — 7:00 PM
- Location: Bohemian National Hall, New York

Follow this link to register.

Vietnam Is The First South East Asian Country To Pass An AI Law

Anh Trang — Sun, 15 Mar 2026 00:07:00 +0000

On March 1 2026, Vietnam’s AI Law officially took effect, after being passed during the National Assembly’s 10th session in December 2025. From that, Vietnam has become the first country in Southeast Asia, and among a handful of countries globally, alongside the EU, South Korea and Japan to establish a legal framework for the use of artificial intelligence.

This new law aims to promote artificial intelligence as “a key driver of growth, innovation and sustainable development.” Key features include labelling AI-generated content, evaluating AI risk, and introducing a new AI information centre and database.

A law aimed to encourage AI growth

As AI advances rapidly, bringing both significant benefits and risks, the debate of how to regulate this technology has been raised among policymakers.

In practice, only a handful of countries have introduced formal legal frameworks for the use of AI, including South Korea, Japan and the European Union. Most other countries prioritise a softer approach, which focuses on voluntary guidelines and ethical standards.

South Korea was among the first countries to introduce a legal framework related to AI. | Source: Youhap News

As Vietnam moves toward the “Era of Rising,” the application of artificial intelligence is becoming one of the national goals. The governments have stated the new law is to promote AI as “a key driver of growth, innovation and sustainable development.”

The law, therefore, seeks not only to manage the risks associated with AI but also to encourage AI adoption across key sectors such as healthcare and education.

It also states that the fundamental principle of AI is to serve humans, rather than replace human authority and responsibility. Humans retain oversight and the ability to intervene in the decisions and actions of AI systems.

Four key features of Vietnam’s AI Law

Vietnam’s National Assembly passed the AI Law in December 2025. | Source: Bao Chinh Phu

The Artificial Intelligence Law (No. 134/2025/QH15), which officially took effect on March 1, 2026, consists of eight chapters and 35 articles. Several key provisions include:

Labelling AI content

Article 11 sets out clear transparency requirements for the development and use of AI. Under the provision, all audio, images and videos generated by AI must carry machine-readable labels to distinguish them from authentic content. The measure is seen as an important step toward preventing the spread of deepfakes. The law does not yet specify detailed penalties or enforcement measures.

AI risk evaluation system

Under Article 9, AI systems are classified into three risk levels, each subject to different regulatory requirements.

High-risk AI refers to systems that could potentially cause significant harm to human life, health, human rights, national security or the public interest. They are subject to the strictest monitoring.
Medium-risk AI includes systems that may mislead or manipulate users, particularly when individuals are unaware that they are interacting with artificial intelligence, and could influence users’ behaviour
Low-risk AI refers to systems that do not fall into the two categories above, typically simple support tools or applications with limited impact.

Highest incentives for AI development

The law leaves one whole section to present incentives and support to organisations and individuals developing core AI technologies. Under Article 20, AI companies are eligible for the highest level of incentives available under laws governing science and technology, high-tech industries, digital transformation and investment.

Use of AI in businesses. | Source: VOV

Integrating AI into the school curriculum

One provision of the law is to teach basic AI knowledge, computational thinking, digital skills and technology ethics in the mandatory education curriculum. Meanwhile, vocational institutions and universities are also encouraged to develop training programs in artificial intelligence, data science and related fields.

The potential trade-offs of early AI regulation

In January 2026, South Korea officially brought its AI Basic Act into force, making it the first comprehensive AI law in the world to take effect. With this move, Seoul is positioning itself at the forefront of shaping global rules for artificial intelligence, as part of its ambition to become one of the world’s top three AI powers.

However, as the law functions largely as a framework and lacks detailed implementation guidelines, companies, particularly startups, may find it difficult to determine the boundaries of compliance. Penalties of up to 30 million won (about US$20,400) for not labelling AI-generated content also pose legal risks that could discourage smaller startups with limited resources from pursuing more aggressive technological innovation.

In comparison, Vietnam’s AI Law takes a more cautious approach, seeking to balance regulation with room for technological development. The legislation does not specify detailed penalties, leaving the specifics to be outlined in future decrees and implementing guidelines.

As a framework law, the legislation does not immediately change how AI is used in Vietnam. Instead, it establishes the legal basis for future regulations of artificial intelligence and sets an example for similar regulations in other countries

However, South Korea’s experience highlights the potential trade-offs of early AI regulation. On one hand, it positions Vietnam among the pioneering countries seeking to regulate artificial intelligence. On the other hand, any misstep could expose the country to unprecedented challenges as the technology continues to evolve rapidly.

The new AI law and the regulations that follow, therefore, may test Vietnam’s ability to navigate technologies in this new stage of development.

Could Vietnam successfully regulate AI while promoting it for national growth? | Source: Vietnam+

“We Should Find Meaning Outside Of Being Just An immigrant”: Film Director Dužan Duong

Kiều Nga — Mon, 16 Mar 2026 12:00:00 +0000

Summer School, 2001 is the first film about Vietnamese people in the Czech Republic. Inspired by director Dužan Duong’s own childhood, the film explores the lives of Vietnamese immigrants in the country in the early 2000s.

The film has already drawn attention on the European festival circuit, including at the Czech Film Critics’ Awards 2026, where it won Best Screenplay and Duong was named Discovery of the Year.

At the centre of the story is Kien, a red-haired teenager who returns to his family’s market stall in the Czech border town of Cheb after spending ten years in Vietnam. The reunion is not what he expected. Instead of warmth, he finds a distant father, an exhausted mother, and a younger brother who greets him with hostility.

Duong structures the film as a triptych, told through three perspectives. The father runs a counterfeit fashion stall in the market and worries constantly about money; he speaks mostly Vietnamese. Kien, the older brother who has just returned to Czechia after a decade away, speaks Czech with a distinct Vietnamese accent. Tai, the youngest brother who was born there, speaks fluent Czech. Through these shifting perspectives, the film reveals the generational differences within an immigrant family and the cultural identities each of them carries.

Following a screening in New York on March 16 presented by Citrus—marking the first Czech-Vietnamese theatrical release in North America—I spoke with Dužan Duong about what this moment means to him, and why Summer School, 2001 is more than just another immigrant story.

Your work often focuses on identity and cultural memory. How did this focus come about? Was it a choice from the beginning of your career, or was there a particular story or moment that made you realize you wanted to explore these themes?

Growing up in Czechia, I had no clue what identity or cultural memory was. Back then, our community was still very young, and we had to figure it out on our own. I am considered the second generation of Czech Viets. We were the first ones to know how to navigate in predominantly white society. We were the ones to translate to our parents when they didn’t know the language. And now we are the ones who have the power to tell our niche immigrant stories. So, to answer your question - no, it was not a choice made by me, but it was a choice made by my cultural background and upbringing. But having finished Summer School, 2001, I feel that my urge to find the answers to all my identity questions is finally calmed down. Now I have the opportunity to move on to more universal topics in society.

Some people believe that as an immigrant, one should shed their old identity and adopt the identity of the country they now live in. What are your thoughts on this idea?

The funny thing is that you can sometimes hear this opinion in the Czech Republic, mostly from the ones whose ancestors have been living in the country for generations. But the truth is that the Czech majority very much loves our cuisine and culture. They are so interested in our way of living that you can sometimes feel the positive racism! Many Viet kids are considered to be smart and do well at schools. Many Viets are considered to be the top achievers. So, from my experience, you should not abandon what’s dear to you. Embrace it and use it to stand out.

What was the inspiration behind Summer School, 2001? Could you walk us through the process of developing the story and its characters? Were there any details you hesitated to include?

The story of my debut film was in the making ever since I stepped out of the plane from Hanoi to the Czech Republic. I was only 4 years old and wouldn’t ever imagine myself to be a storyteller. But I was always good at watching people, mostly my community. These stories told among my uncles and aunties were the base for Summer School, 2001.

I like to say that all three main characters are a blend of my own personality and many other characteristics from our diaspora. I like to keep them real and authentic. To me, that is the key to a successful first film about an underrepresented community. It took me almost 6 years to write the script. Why? Plain and simple, I was scared to be intimate and personal. It was the last two years that I finally committed to making this a family drama.

The context of Summer School, 2001 has been described as “a family searching for language, belonging, and love”—a theme often seen in immigrant stories. Do you think we need more Asian or Vietnamese immigrant stories? Why or why not?

I think we definitely need immigrant stories.

But I always tell myself:

"Don’t be the victim of your own destiny, be in charge of it.” To me, it means that we should find meaning outside of being just an immigrant.

My dream is to make films that have a strong opinion about whatever that needs to be told at the current situation. I hope that my own story can be more than just "a Viet boy making Viet movies". My immigrant childhood trauma is healing and I am ready for new challenges. But I strongly encourage young creators to make films about whatever they feel is important to them! Trauma is supposed to be healed!

How would you describe “the ache of growing up between worlds”?

We can call it “the ache” but we can also call it “the perk”. On the positive side, you have two cultures, which you can draw inspiration and energy from. On the negative, you can sometimes feel alone and without guidance. That’s why it is important to have such stories, that can help you feel surrounded by the people who have the same struggles.

What does bringing Summer School, 2001, an Asian coming-of-age story, to North American audiences mean to you?

If you are a teenager from Europe, you consume mostly American culture. And now we can distribute our small Czech-Vietnamese film in North America too? It surely feels like a dream come true. I just recently found out how big the diaspora in California is!

Even though we grew up on different continents and our ancestors might have been against each other during the American-Vietnamese war, through our shared immigrant experience, we learn that we are after all quite similar. A Vietnamese from the North or South? It doesn’t matter anymore. The heart is still Vietnamese nonetheless.

Summer School, 2001 unfolds through three narratives that highlight generational differences within an immigrant family—the father, Kien, and Tai. The story is set in 2001. Looking back 25 years later, does the story still hold the same relevance? How have the dynamics between generations of Vietnamese immigrants changed over the past two decades?

The story of a family looking for a way to talk to each other and to find a way to overcome their distance is very relevant to this day. It doesn’t work only for the Vietnamese but in general for all the families.

I think that the first two generations were very concerned about the work and how to provide for their loved ones. With the third generation coming up, there are different challenges. Nobody is starving and living in poverty anymore. What Viets are really good at is making money. Provide the wealth for the generations to come in only two or three generations? Incredible!

But if you chase the wealth, you might forget about what is truly important and that is the family. The connection. The trust. The generation alpha is now looking for a way to genuinely connect with other humans.

Being an individual torn between worlds is no longer the issue. The issue is how do they truly connect in the technological era.

In one of your previous interviews, you mentioned that “the biggest challenge was how to show this story to the Czech majority, who have little understanding of our traditions and complicated family dynamics.” The film is set within a counterfeit goods market run by Vietnamese immigrants, and portrayals of overseas Vietnamese communities are often associated with poverty, illegal labor, and working-class struggles.

While representation is important, were there concerns about portraying Vietnamese immigrant life through this lens? How would you feel if international audiences came to associate the Vietnamese community with these images, especially when many may not yet have a broader understanding of Vietnamese culture?

It never concerned me how the community would perceive the negative image. I think it is very important to be honest not only about the good stuff but mostly about the bad stuff. That is my Czech side talking. My goal is to be honest.

I grew up in a family where we didn’t know how to be like that. I can at least achieve it through my art. If you are not honest, you are fake and that would be a shame. So I encourage everybody reading this interview to embrace their mistakes and be real. In the age of generated images and digital makeup filters, there is nothing more real than the reality itself.

At the end of the film, the father, Kien, and Tai reconcile in their homeland. What comes after reconciliation?

I hope that after the reconciliation comes the dialogue. I don’t know about others, but in our family, there was never enough of the chatter. We never talked about anything more than small talk about school or food. No real emotions, everybody was too scared to show the sensitive side. There will always be a conflict between kids and parents, but what makes our case special is that you have the combination of both generational and cultural conflict. I hope that families can watch this film together and open up their own traumas and start building a healthy relationship.

Inside Saigon’s Once-A-Year Ramadan Market

Tam My — Wed, 18 Mar 2026 00:00:00 +0000

Ramadan in Saigon centers around a vibrant, month-long halal food market in Chanh Hung Ward on Duong Ba Trac Street (formerly District 8), catering to the local Cham Muslim community. Running from February 18 to March 19, 2026, this bustling, once-a-year market offers Islamic authentic, affordable Halal dishes like beef curry, samosas, and traditional sweets.

For Cham Muslim families, the Ramadan market is a place where culinary traditions passed down through generations come alive. Many of the recipes sold at the market reflect migration stories. Some originate from Cham communities in the Mekong Delta, while others were influenced by culinary exchanges with Malaysia, Indonesia, and Cambodia.

A Muslim community in the heart of Saigon

Islam is a minority religion in Vietnam, practiced primarily by the Cham ethnic group. Historically, Cham people adopted Islamic religion through trade networks connecting Southeast Asia, particularly with regions such as Malaysia and Indonesia, between the 15th and 17th centuries.

Today, one of the most visible Muslim communities in Ho Chi Minh City is located in Chanh Hung Ward (formerly Rach Ong Ward, District 8), especially at Alley 157 on Duong Ba Trac Street. The area is home to the largest Muslim community among the 16 parishes in HCMC, with approximately 3,000 people. Many of whose families migrated from the Mekong Delta provinces such as Chau Doc (An Giang province) during the 1960s as Saigon expanded economically.

Despite living in Vietnam’s largest metropolis, the community has maintained distinct cultural traditions, from language and clothing to religious practice and cuisine. Cham and Vietnamese are commonly spoken in daily life, while Arabic is primarily used in religious education and prayers.

At the center of the neighborhood stands Jamiul Anwar Mosque, one of the most important gathering places for Muslims. Regarding daily customs, they pray five times a day: at dawn, noon, mid-afternoon, sunset, and evening. Pork and alcohol are forbidden in their cuisine; all food must adhere to Halal standards.

Jamiul Anwar Mosque stands at the neighborhood’s center. Beyond serving as a mosque, it also functions as a community space where children learn Arabic and Islamic teachings in the evenings. | Source: My Tam for Vietcetera

Muslim community fast from dawn to sunset during Ramadan

Ramadan is the ninth month of the Islamic lunar calendar and is considered the holiest time of the year for Muslims. During this month, believers practice sawm, the ritual fasting from dawn until sunset.

Fasting during Ramadan is one of the Five Pillars of Islam, the laws of worship that Muslims must follow and practice throughout their lives. From approximately 4-5 AM until sunset, Muslims refrain from eating, drinking, smoking, and other physical indulgences.

Experience hunger throughout the day cleanses the soul, strengthens God-consciousness (taqwa), and fosters community solidarity. It carries several spiritual meanings:

Spiritual purpose: Fasting is a direct command from God to cleanse the soul of harmful impurities and focus on devotion.
Self-discipline and sacrifice: By abstaining from food, drink, and worldly indulgences during daylight hours, Muslims practice self-control and patience.
Empathy for the poor: Experiencing hunger firsthand reminds Muslims of the suffering of the poor and encourages charity and compassion.
Commemoration: It celebrates the month in which the Quran is believed to have begun being revealed to the Prophet Muhammad.

Jamiul Anwar Mosque entrance at Alley 157 Duong Ba Trac Street. | Source: My Tam for Vietcetera

Once-a-year market that unfolds Cham-Muslim culture in Saigon

The types of cakes available at the market include: baked cassava cake, pumpkin cake, sticky rice cake, traditional Platam cake... each priced at ~10,000 VND ($0,38 USD)/piece. | Source: My Tam for Vietcetera

What makes the market particularly special is that it appears only once a year, becoming both a livelihood opportunity and a cultural gathering space for the community.

Small stalls line the alley, selling a wide range of halal dishes prepared according to Islamic dietary laws. Pork and alcohol are strictly prohibited, and ingredients must be handled following halal guidelines.

The aroma in the market is strongly linked to the preparation of traditional Ramadan dishes. Walking through the alleys, you can easily catch the smell of distinctive curry powder and star anise from the food vendors. Visitors can find dishes such as:

beef or goat curry rich with spices
samosas and fried pastries
Malaysian-style flatbread known as bánh Plata
grilled chicken skewers inspired by Indonesian satay
traditional sweets and coconut desserts

A variety of savoury dishes made from chicken and beef, especially the “Cham beef-version sausage" which is called tung lò mò. | Source: My Tam for Vietcetera

Women play a central role in this culinary traditions

Women play a central role in this process. They often wake before dawn to prepare the Suhoor meal - the pre-fast breakfast for their families. Later in the day, despite fasting themselves, they cook dozens of dishes to bring to the market. For them, cooking during Ramadan is both an act of devotion and a way of preserving cultural identity.

For many local women, Ramadan is also a moment when their contributions to the household and the community become more publicly visible. While some women typically spend most of their time at home caring for family, the Ramadan market allows them to step into a public role - selling homemade dishes, sharing recipes passed down through generations, and connecting with neighbors and visitors.

Speaking with Phala Hydah, a local resident, she expressed her happiness while selling food to visitors and explained that fasting during Ramadan is not always absolute. If someone cannot commit to it due to illness, menstruation, or travel, Islamic teachings allow them to postpone the fast and make up for the missed days later through Qada.

A food vendor of a local resident in Ramadan food market. | Source: My Tam for Vietcetera

When Ramadan ends, the alley returns to its usual quiet rhythm, and the stalls vanish until the next year. Yet for those who visit, whether locals or curious travelers, the Ramadan market offers a rare glimpse into a community that has quietly contributed to Saigon’s cultural diversity for generations.

Muslim community still maintains their traditional practices and clothing as Saigon’s identity has always been shaped by many cultures living side by side. | Source: My Tam for Vietcetera

0.3 Psychiatrists Per 100,000 People: Vietnam Pushes A Mental Health Shift

Anh Trang — Thu, 19 Mar 2026 00:00:00 +0000

Vietnam’s Ministry of Health is seeking public feedback on a draft circular, which, for the first time, proposes placing factors such as chronic stress, work pressure and academic pressure under community-based mental health monitoring.

The proposal introduces mental health surveillance as a new component of the Law on Disease Prevention. This act reflects a shift from treating mental illness to preventing it, extending monitoring to include high-risk individuals — not just diagnosed patients — to allow earlier intervention for conditions such as depression and anxiety.

Only 10% of mental health patients have access to formal treatment

90% of mental illnesses remain untreated. | Source: Bao Chinh Phu

According to the Ministry of Health, patients with common mental disorders in Vietnam account for 14.9% of the population (approximately 15 million people). However, only about 10% of those have access to formal treatment.

For most Vietnamese, mental health care remains out of reach. Mental health services for conditions such as depression and anxiety are mostly offered at central and provincial hospitals, while local hospitals mostly just receive schizophrenia or epilepsy - conditions that only affected 0.5% of the total patients in need of mental healthcare.

But even where care exists, it is uneven. Treatment remains heavily medication-driven, with psychotherapy and counselling still limited in availability. As of 2023, the country had just 143 clinical psychologists and psychotherapists nationwide. Clinical psychology services are also not yet formally covered by health insurance.

There are only 143 clinical psychologists nationwide. | Source: Phuong Dong Hospital

At the same time, the majority of Vietnamese have low mental health literacy. A 2024 study on 1077 Vietnamese participants living in Hanoi found that: only 18% of respondents recognised the need to seek professional help for mental health conditions such as depression or schizophrenia. Most others, instead, believed the solution was simply like getting rest, going out, or spending time with family.

Mental health as one of the national priorities

While mental health has been part of Vietnam’s health agenda for years, it was only after 2023, when mental health cases surged after COVID-19, that it began to emerge as a national priority.

Since 2023, the Ministry of Health has rolled out initiatives aimed at strengthening prevention, early detection and community-based management, including a national project integrating mental health into primary healthcare. By that, mental health is no longer treated solely as a specialised psychiatric concern, but increasingly as a national public health issue.

The Ministry of Health has made numerous efforts to prioritise mental health. | Source: Suckhoedoisong

On March 5, 2026, the Ministry of Health published a draft circular detailing several provisions of the Law on Disease Prevention, expanding both the scope and target groups of mental health monitoring.

Under the draft, three groups will be placed under surveillance: individuals diagnosed with mental disorders, fatalities linked to mental disorders, and people considered at risk.

Four key groups of risk factors for mental disorders are identified as:

Biological and genetic factors: family history of mental illness, brain injuries, chronic diseases, and vulnerable life stages such as puberty, postpartum, and ageing.
Psychological factors: prolonged stress, trauma (e.g. bereavement, divorce, unemployment), personality traits, poor coping skills, and prior suicidal thoughts or behaviours.
Social factors: isolation, lack of support, stigma and discrimination, unsafe environments, and substance abuse.
Other factors: notably sustained pressure related to education, work, and financial stress.

The lack of readiness for the emerging policy

Psychology practice in Vietnam. | Source: Suckhoedoisong

The proposal and the Ministry of Health’s efforts since 2023 signal a shift in how mental health is prioritised. Yet these efforts raise a practical question: how far can policy go when the system it relies on remains constrained?

Vietnam’s Psychiatry Clinic Market Report (2024), surveyed major psychiatric wards and hospitals nationwide, found that Vietnam faces a critical shortage of mental health professionals, with just 0.3 psychiatrists per 100,000 people—far below the global average of 9.0. This shortage is exacerbated by a lack of training programs, with only 250 new graduates entering the field annually. The Ministry of Health aims to increase this number to 600 by 2025, but immediate gaps in service provision remain a pressing challenge.

At the same time, stigma continues to limit demand for care. The 2024 report also pointed out 65% of individuals reluctant to seek help due to societal perceptions. This is reflected in patient experiences: study on schizophrenia in Vietnam found that schizophrenia patients often feel being perceived as less competent (63%), being seen negatively (58%), or avoided by others (53%), often leading them to conceal their condition.

Taken together, these constraints suggest that while policy is expanding the scope of mental health monitoring, the system and society may not yet be ready to respond.

By expanding what counts as mental health risk, Vietnam is raising a deeper question: whether the country is ready to respond. Whether this shift can translate into meaningful care will depend not only on policy but on how quickly their system and society can catch up.

Can Vietnam catch up to provide more extensive mental health care? | Source: Vietnam +

Retail Capital Booms As Vietnam’s Stock Market Surpasses 12 Million Investor Accounts

Genesia Ventures — Thu, 19 Mar 2026 12:04:26 +0000

Vietnam’s stock market surpasses 12 million domestic investor accounts

Vietnam’s stock market has crossed a significant threshold, surpassing 12 million domestic investor accounts as of January 31, 2026. Nearly 245,000 new accounts were opened in January alone.

Retail investors account for the overwhelming majority of these registrations. The dominance of domestic individual investors highlights the central role of retail participation in driving market activity and liquidity. The figures point to an increasingly broad base of individual engagement with equity investment across the country.

Foreign participation, while comparatively smaller in scale, has also shown gradual growth. More than 50,500 foreign investor accounts have been registered to date, with most belonging to individual investors.

The milestone also places the market ahead of official policy benchmarks. The current total has already exceeded the government’s target of 11 million investor accounts by 2030 under its securities market development strategy.

Overall, surpassing the 12-million-account mark indicates expanding financial participation and rising public confidence in Vietnam’s capital markets. The surge in new registrations suggests growing financial literacy and a strengthening culture of equity investment among retail participants. While retail flows continue to serve as the main driver of growth, the gradual increase in foreign accounts points to ongoing international engagement. Looking ahead, maintaining market stability, enhancing transparency, and deepening institutional investor participation will be essential to supporting sustainable, long-term development.

Why do many Vietnamese startups choose Singapore as their legal activity?

An increasing number of Vietnamese-founded startups are choosing to register their legal entities in Singapore while keeping their technical, product, and operational teams based in Vietnam. This structure has emerged as a clear trend within the regional startup ecosystem.

The shift is not driven by a lack of domestic talent or innovation capacity. Vietnam’s technology landscape continues to expand, with an estimated 3,000 to 4,000 active tech startups demonstrating strong product development and engineering capabilities. Instead, the decision to incorporate offshore is largely influenced by institutional and market considerations.

Singapore’s role as a gateway to global capital further reinforces its appeal. | Source: Unplash

One of the primary factors is institutional friction and transaction costs. Startups operating in Vietnam often face higher procedural burdens, including delays and inconsistencies in regulatory enforcement, when registering or scaling their businesses locally. These frictions can slow growth and complicate fundraising efforts, particularly when engaging with international investors. By contrast, Singapore offers a lower-friction regulatory environment.

Singapore’s role as a gateway to global capital further reinforces its appeal. Approximately 39 percent of venture investment deals involving Vietnamese startups include Singapore-based investors, underscoring the city-state’s function as a regional capital hub.

The institutional strengths of Singapore’s system are also a key consideration. The country enables fast online company registration, maintains clear regulatory roles, offers controlled sandbox mechanisms, and provides post-setup support tools. Exit processes are comparatively straightforward, making the jurisdiction particularly attractive for startups targeting global funding and scalable growth.

Vietnam, for its part, is undertaking reforms to improve its business environment, including e-registration systems, regulatory sandboxes, digital payment initiatives, and capital market development. However, practical inconsistencies in enforcement and ongoing procedural friction remain challenges compared to Singapore.

The trend of Vietnamese startups choosing Singapore as their legal jurisdiction reflects more than a corporate address change. It points to broader structural differences in institutional quality and transaction costs between Vietnam and Singapore. Singapore’s predictable, digitized, and investor-friendly legal framework helps reduce time and risk, which is crucial for startups in fast-moving markets and for attracting international capital. Meanwhile, Vietnam’s ecosystem continues to improve, but procedural inconsistencies and enforcement gaps still create “institutional friction” that can slow growth for high-velocity tech ventures. This pattern underscores that ecosystem competitiveness is not just about talent or ideas, but about how quickly and seamlessly startups can be formalized, scale, and access global markets.

Insignia Ventures Partners backs Diaflow’s agentic AI automation platform in seed round

Diaflow, an AI agentic automation platform, has secured seed funding in a round led by Insignia Ventures Partners. | Source: Diaflow

At the core of Diaflow’s offering is its agentic AI automation model. The platform allows users to describe their goals in natural language, after which autonomous AI agents execute complex workflows end-to-end without requiring step-by-step configuration.

The company was founded by a team of global operators: Jonathan Viet Pham serves as Chief Executive Officer, Lai Pham as Chief Technology Officer, and Anh Doan as Chief Information Security Officer.

Diaflow operates under a global model, with headquarters in Singapore and engineering teams based in Vietnam and Silicon Valley. This structure combines international market access with strong technical execution.

Since its launch in February 2025, Diaflow has gained early traction, surpassing 10,000 users and organizations worldwide, with over 60 percent of adoption from the U.S. market.

Diaflow is positioned at the forefront of the shift from AI assistance to AI execution. Its focus on secure, autonomous, goal-driven agents aligns with enterprise demand for productivity and workflow automation. Strong U.S. traction and a security-first position are key advantages. The company’s long-term success will depend on scalability, reliability, and differentiation in an increasingly competitive agentic AI landscape.

Korean investment firm TheVentures launches $8 Million Vietnam-focused movie fund

Named TheVentures Movie Fund, the vehicle will invest in Vietnamese film projects on a project-by-project, equity basis.

While South Korea’s film market is experiencing a slowdown, Vietnam is seeing rapid box office growth and continued expansion of its cinema infrastructure. Despite having nearly double South Korea’s population, Vietnam operates only about one-fourth the number of cinema screens.

Vietnam is seeing rapid box office growth and continued expansion of its cinema infrastructure. | Source: Báo Chính phủ

TheVentures also points to compelling unit economics as a core part of its investment thesis. Production costs in Vietnam are estimated at roughly one-tenth of those in Korea. Capital cycles are also shorter, averaging approximately 10 months compared to 18 months in Korea. According to Chris Kim, Partner at TheVentures, projected returns on investment range between 700 and 800 percent.

The launch of the movie fund builds on TheVentures’ deepening commitment to Vietnam. The firm has established a legal entity in Singapore with a venture capital license and previously launched an $11.4 million Vietnam-focused fund in 2023. To date, it has built a portfolio of more than 20 Vietnam-linked companies. In parallel, TheVentures has diversified beyond technology startups, expanding into offline retail and education, including the buyout of Chicken Plus Vietnam.

The broader policy environment also provides supportive tailwinds. Vietnam’s government has set a target for cultural industries, including film, to contribute 7 percent of GDP by 2030, reinforcing the long-term growth.

This signals rising institutional confidence in Vietnam’s entertainment economy as a scalable investment class, not just a creative industry. TheVentures’s thesis is driven by infrastructure expansion, lower production costs, faster capital turnover, and high scalability. This move also reflects a broader shift in strategy - from pure tech VC to blended models combining media, culture, consumption, and offline assets. If executed well, the fund could become a platform for Korea–Vietnam creative collaboration and cross-border IP monetization.

Hanoi establishes state–private innovation centre to accelerate urban tech development

Hanoi has officially established the Hanoi Innovation Centre JSC under a state-private partnership model, aiming at accelerating the city’s innovation ecosystem.

The centre operates as a joint-stock company with 70% state ownership, adopting modern corporate governance standards to improve transparency, efficiency, and market responsiveness.

Hanoi has officially established the Hanoi Innovation Centre JSC under a state–private partnership model. | Source: Tạp chí Diễn đàn Doanh nghiệp

At its core, the Hanoi Innovation Centre is designed to tackle pressing urban challenges. Priority areas include traffic congestion, pollution, and data governance. Through technology pilots and international collaboration, the centre aims to introduce practical, scalable solutions that can be tested and refined within the city’s dynamic urban environment.

In parallel, the centre will develop a comprehensive startup pipeline structured across four stages: connection, incubation, platform development, and scaling. This end-to-end framework is intended to guide startups from early engagement through commercialization and growth.

Looking ahead to the 2026-2030 period, Hanoi has set clear targets for the initiative. The city aims to incubate more than 200 innovative startups and mobilize over VND 500 billion, equivalent to approximately $20 million, in funding.

Technology-enabled public services also form a key component of the strategy. Planned initiatives include AI-driven urban safety solutions and the development of a citizen-focused super-app designed to integrate public services into a unified digital platform. Such efforts signal an ambition to enhance governance efficiency while improving user experience for residents.

A Glimpse Of Abstract Art In Vietnam Since Đổi Mới, Now On View In Paris

Kiều Nga — Fri, 20 Mar 2026 00:00:00 +0000

Abstraction in Vietnam is not a thing of the past, nor a belated extension of Western modernism. On the contrary, it constitutes one of the most enduring and progressive artistic approaches underpinning the foundations of the country’s contemporary art.

As art historian Pamela N. Corey observes, although abstraction has never formed a unified field of discourse and was long absent from official art historiography, it nonetheless remained a space in which artists sought new visual languages to navigate the spiritual, political, and material transformations brought about by the Đổi Mới cultural and economic reforms of 1986.

After Đổi Mới, abstraction emerged as a form of liberation from socialist didacticism, as well as from the inherited anxieties of Western modernist debates. For artists in Southern Vietnam who continued to work after the end of the war in 1975 but had been compelled to abandon abstract expression, returning to abstraction also became a way to reclaim artistic freedom and to resume a creative trajectory that had been abruptly interrupted. Here, abstraction functions both as an aesthetic movement and as an act of resistance.

Presented at Galerie Frank Elbaz in Paris in collaboration with Galerie Bao, the exhibition Re:form is structured around this spirit of freedom. It traces the practices of five Vietnamese artists who, since Đổi Mới, have returned to abstraction while breaking away from its earlier conventions.

Nguyễn Tấn Cương (b.1954) and Đỗ Hoàng Tường (b.1963), two members of the pioneering Group of Ten that championed abstract practices in the early 1990s, have since taken divergent artistic paths.

In Nguyễn Tấn Cương’s work, the cramped urban spaces of his early period have gradually transformed into an interior world of luminous, atmospheric suggestion. From the series “Inner Strata” to “Outer Field” he continues to construct a language of abstraction grounded in inner landscapes and primordial gestures rather than a clearly defined philosophical system.

Nguyễn Tấn Cương, Untitled from Outer Field, 2024, jute, mixed media, oil on canvas, 120 x 145 cm.

Đỗ Hoàng Tường abandoned abstraction, which he once called a “whisper,” in the early 2000s in order to return to visceral corporeal forms that he describes as a “shout.” The human figure in his work appears within fictional settings, in postures marked by restlessness and conflict between release and constraint. Ultimately, is creative freedom truly the final destination for the artist?

Đỗ Hoàng Tường, The Apartment, 2025, oil and acrylic on canvas, 115x200cm. Photo by Claire Dorn Courtesy of Galerie Frank Elbaz.

A younger generation, including Thảo Nguyên Phan (b.1987) and Trương Công Tùng (b.1986), approaches abstraction as a way of sensing rather than describing, extending it into conceptual practices, video, installation, and ecology.

In “Forêt, Femme, Folie”, Thảo Nguyên Phan transforms the historical archives of missionary-anthropologist Jacques Dournes into a shadow-play projection suspended in a dreamlike atmosphere, where signs are inverted and transparent interpretation is resisted. Édouard Glissant refers to this principle as “opacity,” the right to remain not entirely legible. Thảo Nguyên employs opacity to render a myth and a history that coexist, intertwine, and persist through drifting layers of mist.

Thảo Nguyên Phan, Forêt, Femme, Folie, 2025, watercolor painting, slide projectors, and archival photography, view at Palais de Tokyo, Paris, 2025. Photo by Aurélien Mole. | Source: Zink Gallery, Waldkirchen

Trương Công Tùng constructs living structures from soil, resin, plants, and belief systems, expanding abstraction into worlds of spirits, climates, and cosmologies. His work “Day Wanes…, Night Waxes…” functions like the trace of an archaeological process, searching for the footprints of the cosmos. Standing beside it, “Long Long Legacies…” is a continuously transforming “sculpture” that changes with each installation, woven from thousands of wooden beads sourced from industrial and forest trees cut down across the Central Highlands during the economic expansion that followed Đổi Mới.

Trương Công Tùng, Day Wanes … Night Waxes.../Night, 2025-ongoing, lacquer on wood, 90 x 160 x 5 cm. | Source: Galerie Bao

From Hanoi, artist Hà Mạnh Thắng (b. 1980) is seen as significant by the generation that stepped through the door opened in 1992. His gradual shift from figuration to de-figuration unfolds like a meditative journey. For him, abstraction is a temporal field in which history is not depicted but eroded, layered, and reconfigured. The series “The Ancient Monastery Walls” gathers from the faded surfaces of Baiju Monastery in Gyantse, Mongolia, an anchor upon which he layers a sense of compassion for the Sixth Dalai Lama, the only Dalai Lama said to have loved.

Hà Mạnh Thắng, The Reflection of Marpo Ri mountain #2, 2025, acrylic, acrylic medium, charcoal, gold leaf, oil, and lacquer on canvas and silk, 89cm x 155cm x 5cm. Photo by Claire Dorn Courtesy of Galerie Frank Elbaz.

Re:form proposes that to look at abstraction in Vietnam is to look directly at the contemporary, with all its ruptures, fluidities, and unfinished possibilities. It is constantly reshaping itself in response to the cultural, political, and ecological shifts of the country. In this context, abstraction is not a universal style borrowed from the West but an aesthetic response to the complexities of post-socialist life, the afterlives of war, and the intensifying pressures of modernization and global exchange.

About the exhibition:
- Duration: March 14 - May 23, 2026
- Opening hours: Tuesday - Saturday, 11am - 7pm
- Location: galerie frank elbaz, 66 rue de Turenne, 75003 Paris - France

The Fall Of “Dog Meat Streets”: Do People In Vietnam Still Eat Dogs?

Anh Trang — Sat, 21 Mar 2026 00:00:00 +0000

Once known for rows of dog meat eateries, many of Vietnam's famous dog meat streets have recently fallen quiet.

In Hanoi, the last eatery has shut down on Nhat Tan Street, a once well-known destination for dog meat. Similarly, in Ho Chi Minh City, many restaurants on the city’s so-called “dog meat street” on Ong Ta, Cong Quynh, Thi Nghe have permanently closed down.

The closures raise a question: do people in Vietnam still eat dogs?

The controversial dish in Vietnamese cuisine

A dog, before it has been slaughtered. | Source: Vietnam +

For centuries, dogs in Vietnam have occupied an ambiguous cultural position: both as loyal household companions and, for some, as a comfort food.

In Vietnamese traditional rural life, dogs were primarily valued as guard animals that protected homes and farms. Their familiar presence in daily life meant they also appeared frequently in folk sayings and proverbs, reflecting their familiarity in Vietnamese society.

At the same time, dog meat became a popular food, especially in northern Vietnam. In popular tradition, some people eat dog meat at the end of the lunar month to dispel bad luck and bring better fortune for the coming month. The dish is often viewed as a “warming” food in traditional dietary beliefs, which categorise ingredients according to their perceived effects on the body’s internal balance.

Beyond its culinary role, dog meat has also functioned as a social dish. Meals featuring dog meat are commonly shared in groups, particularly in informal drinking gatherings among friends. Specialized eateries dedicated to dog meat emerged in many cities, forming what locals call “dog meat streets.”

Yet this dual role—as both companion animal and food—has also made dog meat one of the most debated aspects of Vietnamese food culture. While some people regard it as part of culinary tradition, others increasingly question the practice.

As more Western visitors come to Vietnam, the consumption of dog meat has increasingly been viewed as “brutal” and “inhumane”, which harms the country’s reputation. In 2015, a British Member of Parliament even called for a boycott of Vietnam and countries that consumed dog meat, as a way to express opposition to the practice.

The closure of “dog meat streets”

In the early 2000s, Nhat Tan Street in Hanoi was one of the city’s most well-known destinations for dog meat. With around 50 restaurants serving the dish and an estimated 15 tons of dog meat consumed each day, the street once epitomized the boom of dog meat culture in the country’s capital.

However, the street’s heyday began to fade in the 2010s. From around 50 restaurants at its peak, Nhat Tan gradually dwindled to just a single dog-meat eatery. In early 2026, that last restaurant also shut down, returning the premises to the landlord and switching to a different line of business—effectively marking the end of the once-famous dog meat street.

The once popular dog meat street in Hanoi. | Source: Thanh Nien

While dog meat culture was most prominent in Northern Vietnam, it also spread to the South following waves of migration after 1954. In Ho Chi Minh City, several areas once known for rows of dog meat eateries—such as the Ong Ta intersection, Cong Quynh and Thi Nghe—have gradually given way to cafes and family-run restaurants.

The few remaining dog meat vendors appear reluctant to speak about the trade. “There’s nothing good about this job,” one owner told Thanh Nien.

Local residents and former restaurant owners say the disappearance of these streets did not happen overnight, but was driven by a combination of factors. Some point to spiritual beliefs: owners reportedly worried that misfortune in their families might be linked to the large number of dogs they had slaughtered over the years.

The work of slaughtering and selling dog meat has rarely been regarded as a prestigious profession. A 2013 study on dog slaughtering at a neighbourhood in Ha Dong, Hanoi, found that many people entered the trade largely because agricultural incomes had declined, while most slaughterhouse owners did not intend to remain in the business long term.

Restaurant owners believe slaughter dog bring misfortune to their families. | Source: Lao Dong

As economic conditions improved, many eventually shifted to other occupations or formed other businesses rather than continuing in the trade.

Others say the biggest shift comes from changing attitudes among younger generations. “Our children and grandchildren no longer enjoy eating dog meat,” one resident said. “To them, dogs and cats are companions - the animals closest to humans.”

Do people in Vietnam still eat dogs?

Even when major dog meat eateries have shut down, the trade has not disappeared.

As pet ownership has grown while demand for dog meat persists, dog theft has become a persistent social problem. A 2024 report by FOUR PAWS estimates that around 6,000 pet dogs are still stolen or captured annually, with 23% stolen, 13% reported to have been taken using poisonous bait, and about 22% ultimately ending up in slaughterhouses for meat.

Vietnam currently has no law that fully bans the consumption of dog meat.

Demand for dog meat still exists and remains highly controversial whenever the issue resurfaces in public debate. Yet the steady disappearance of dog meat restaurants and slaughterhouses may signal a gradual decline in consumption. The trend suggests that even without legal restrictions, changing social attitudes could make the practice increasingly out of step with modern urban life.

A dog meat restaurant removing their banner as they go out of business. | Source: VOV.vn

Vietnam Plans National AI Fund to Boost Technology Ecosystem

Genesia Ventures — Tue, 24 Mar 2026 12:00:00 +0000

Vietnam to Establish National AI Development Fund

Vietnam plans to establish a National AI Development Fund for the 2026 to 2027 period to support AI research, innovation, and real-world applications across both public and private sectors. The fund is expected to provide financial resources for initiatives that advance the development and deployment of AI technologies nationwide. The move signals a stronger push by the country to institutionalize its AI ecosystem and expand support for emerging technologies.

The fund is part of a broader AI governance framework that Vietnam is preparing to implement. It will be linked to the country’s upcoming national AI strategy and regulatory framework, which will introduce standards for high risk AI systems as well as an AI ethics framework. Together, these measures are designed to create a coordinated policy environment for AI research, development, and commercialization.

Source: Tạp chí Khoa học và Công nghệ Việt Nam

In parallel with funding and regulation, the plan also focuses on building a National AI Database, located at the National Data Center, integrating datasets from ministries, local governments, and various state agencies to support AI development. By consolidating and sharing these resources, the initiative aims to strengthen the data ecosystem required for advanced AI research and practical deployment.

The strategy also includes the development of collaborative innovation clusters. These clusters will combine physical hubs with digital networks that connect universities, research institutions, startups, and enterprises. The goal is to accelerate experimentation, encourage collaboration among stakeholders, and support the commercialization of AI technologies across different sectors.

Taken together, the creation of the National AI Development Fund, along with the supporting regulatory framework, data infrastructure, and collaborative clusters, reflects a coordinated effort to advance Vietnam’s AI capabilities. The initiative is intended to move the country beyond early stage experimentation toward more scalable AI deployment while strengthening collaboration between government agencies, academic institutions, and technology companies within the broader digital economy.

HCMC Approves Plan to Establish $19 Million Venture Capital Fund

Ho Chi Minh City has approved a plan to establish the Ho Chi Minh City Venture Investment Fund JSC, a venture capital fund with an initial charter capital of VND500 billion, equivalent to about $19 million, aimed at supporting startups and innovation activities in the city. The move signals a stronger policy push by the city to develop a more mature startup financing ecosystem.

The fund will operate under a public–private partnership (PPP) model. Of the total initial capital, 40%, or VND200 billion, will come from state funding, while the remaining 60%, equivalent to VND300 billion, will be contributed by private investors. Public capital will serve as seed funding designed to attract additional private investment, addressing the shortage of large, professionally managed domestic venture funds.

Major corporations are expected to take part as founding shareholders. Potential participants include SOVICO, Vingroup, VinaCapital, Becamex, VNG, CT Group, Hoa Sen Group, Lotte Ventures Vietnam, and FPT, reflecting broad interest from both domestic and international business groups.

The Ho Chi Minh City Venture Capital Fund is expected to catalyze the city’s science, technology, and innovation ecosystem. | Source: SIHUB

The fund also sets a long-term capital expansion plan. Its total capital is projected to gradually increase to VND5 trillion, or approximately $191 million, by 2035, allowing it to scale its investment activities over time.

Between 2026 and 2035, the fund aims to invest in between 50 and 150 innovative startups. In addition to financial investment, it plans to support the commercialization of at least 50 technologies or products and contribute to the development of 5 technology companies capable of reaching IPO or M&A milestones. If implemented effectively, the initiative could accelerate startup growth and the commercialization of new technologies.

Investment priorities will focus on strategic technology sectors. These include AI, big data, blockchain, semiconductors, biotechnology, new materials, renewable energy, robotics, and automation. More broadly, the initiative reflects a shift toward public–private collaboration as a catalyst for innovation and digital economic growth in Vietnam, while also supporting the development of globally competitive technology companies.

Vietnam’s IPO Revival Rekindles Exit Hopes for Venture Investors

Vietnam’s IPO market showed signs of revival in 2025, with several major listings helping to reignite activity in the country’s capital markets. Companies including Vinpearl JSC, VPBank Securities, and Techcom Securities collectively raised about $1.5 billion through public offerings, signaling renewed momentum for IPO activity after a quieter period.

The recovery has strengthened expectations for a robust pipeline of upcoming listings. Potential candidates expected to pursue IPOs in the coming years include companies such as F88, TH True Milk, Highlands Coffee, and Viettel IDC. Market forecasts suggest that total IPO value in Vietnam could reach as much as $47 billion over the next three years, indicating growing investor interest in the country’s public equity market.

The reopening of the IPO window is also improving exit prospects for venture capital investors. Public listings provide an important liquidity pathway for early investors seeking to realize returns. At the same time, other exit routes are becoming more visible, including secondary share sales and strategic acquisitions.

Vietnam recorded several blockbuster IPOs in 2025. | Source: iStock

Secondary transactions have already begun to gain traction in the market. Some early investors in Coolmate recently exited partially or fully through secondary share sales following the company’s Series C funding round, highlighting how secondary markets can provide liquidity even before a company pursues a public listing.

In parallel, Vietnam is preparing to launch a dedicated trading platform designed specifically for startups. The platform is expected to enable earlier stage companies to access domestic public capital, creating an additional pathway for growth financing and investor exits.

The gradual reopening of the IPO market reflects improving liquidity conditions for venture investors in Vietnam. While public listings remain an important channel, capital circulation in the ecosystem is increasingly supported by multiple mechanisms, including secondary transactions and strategic M&A. This suggests the ecosystem is entering a more mature, disciplined phase, where capital flows toward companies with strong governance, sustainable growth, and clear market leadership rather than rapid valuation expansion.

Discipline in Growth: Startups Urged to Focus on Fundamentals

“Startups should prioritize controlled and disciplined growth, focusing on operational efficiency rather than pursuing rapid expansion at all costs,” said Nguyen Anh Cuong (Founder & CEO Fundiin) during his sharing at the Genesia Orbit Workshop.

He stressed that discipline should serve as the foundation of sustainable growth, encouraging founders to focus on building strong operational fundamentals instead of chasing scale too quickly. His remarks reflect a broader shift within the startup ecosystem, where both investors and founders are increasingly prioritizing execution and long-term sustainability over capital-driven expansion.

Mr. Nguyen Anh Cuong - Founder & CEO Fundiin. | Source: Fanpage Genesia Orbit Vietnam

A key element of this approach is the identification of a clear North Star Metric. According to Cuong, startups should define and consistently track a metric that captures the real value delivered to users while aligning internal teams toward long-term business impact. Establishing such a metric helps companies maintain strategic focus and ensures that growth efforts remain tied to meaningful outcomes rather than short-term performance indicators.

Equally important is the discipline in managing unit economics and operational efficiency. Sustainable scaling, Cuong noted, requires startups to maintain strong unit economics, enforce cost discipline, and rely on data-driven decision-making. Building these operational fundamentals allows companies to grow on a solid business foundation, strengthening their resilience and long-term competitiveness as the startup ecosystem continues to mature.

In a funding environment that has become more selective, the emphasis on execution becomes even more critical. Startups are increasingly encouraged to concentrate on operational performance, clear pathways to profitability, and resilient business models instead of chasing valuation-driven growth. For founders, developing strong fundamentals, including well-defined metrics, efficient operations, and sustainable unit economics, has become essential for long-term success.

The insights were shared as part of the Genesia Orbit Workshop, with Diễn Đàn Doanh Nghiệp (Business Forum Magazine) featuring and publishing highlights from the discussion.

Holistic Entrepreneurship Is a Journey of Commitment Without Compromise

“All-in means pouring your full dedication and time into a startup, leaving no fallback, and carrying a deep sense of responsibility to build it successfully for the team, customers, and investors,” said Hoang Thi Kim Dung, Country Director of Genesia Ventures Vietnam.

However, Dung noted that for women founders, committing to an “all-in” journey can be significantly more challenging. Social expectations often place additional pressure on women, making the entrepreneurial path not only a pursuit of ambition but also a continuous effort to balance professional goals with personal happiness. In this context, the concept of going “all-in” is increasingly understood not as extreme sacrifice, but as a more sustainable and human-centered approach to building a business where ambition, resilience, and fulfillment can coexist.

A practical and insightful session at the Genesia Orbit Workshop. | Source: Fanpage Genesia Orbit Vietnam

To sustain such commitment, Dung highlighted the importance of adopting what she described as a “subtraction mindset.” This approach involves deliberately removing meetings that do not lead to decisions or are not tied to the company’s growth goals. It also means distancing from relationships and activities that drain energy without creating value, as well as letting go of unrealistic social expectations that can distract founders from their priorities.

Equally important is the presence of a strong support system. According to Dung, partners, family members, and a reliable team play a crucial role in enabling founders to stay fully committed to their ventures. With such support, being “all-in” becomes a matter of timely and effective allocation of resources rather than the burden of carrying every responsibility alone.

The insights were shared in discussions within the startup ecosystem and were later featured by VnEconomy in its publication.

Ho Chi Minh City To Be Drug-Free By 2030: How To Enjoy A Legal Nightlife

Anh Trang — Thu, 26 Mar 2026 00:00:00 +0000

Ho Chi Minh City has set a goal to be completely drug-free by 2030, with a broad push that combines law enforcement, community prevention programmes and tighter monitoring of trafficking networks.

The term “drug-free” in Vietnam often means less about policing people’s suitcases but more about a high-level commitment to public security. It aims to eliminate systemic risks, ensuring Ho Chi Minh City remains a safe, welcoming destination for global citizens.

However, to stay on the right side of the law and avoid unnecessary legal hurdles when navigating the city, it is vital to understand the specific boundaries of Vietnam’s drug policies.

Here is the latest update about Vietnam’s legal landscape on substances

58 substances are completely banned in Vietnam

On January 19, 2026, the Vietnamese government issued Decree No. 28/2026/ND-CP specifying the lists of narcotic substances and precursors, divided into four main categories:

Category I: Absolutely prohibited substances

These are substances that are completely banned from use in medicine and everyday life. They can only be handled under very strict official permission for purposes such as scientific research, testing, or national defence.

There are 58 banned narcotics, including: heroin, cocaine, methamphetamine (locally known as ma túy đá), LSD, and cannabis-related substances (including hash, THC, cannabinoid…).

You may need to stay away from cannabis as it is completely banned in Vietnam. | Source: Tieng Chuong

Category II: Restricted-use substances

This group contains substances that may be used only under controlled circumstances, such as research, medical diagnostics, or special law enforcement purposes. There are 476 narcotic substances, including Morphine, Fentanyl, Codeine.

Travellers carrying medication in this category must have valid prescriptions and strictly adhere to the declared dosage limits.

Category III: Narcotics for broad scientific or veterinary use

This list includes substances that may be used for research, testing, defence purposes, and in fields like medicine and veterinary care under proper authorisation. There are 81 substances, including Ketamine, Diazepam, and other controlled sedatives.

These are allowed only in specialised professional contexts.

Categories IV: Precursors

These are not drugs for personal use but chemicals associated with drug manufacture. According to Decree 28/2026/NĐ-CP and Vietnam’s drug laws, their possession, transport, sale, or use needs to be strictly regulated.

Unauthorised use can lead to criminal liability, fines, or imprisonment.

Popular, but illegal in Vietnam

In the city transitioning toward a drug-free future, some substances might appear “harmless” or are common in other global party hubs, but carry serious legal weight in Ho Chi Minh City.

While countries like Thailand have moved toward decriminalisation, Vietnam strictly prohibits cannabis, with no medical-use exceptions for any travelers.

Foreign nationals found using illegal drugs can face a fine of VND 1–2 million (USD $38-79) or potentially deportation. However, possession, distribution, or any involvement beyond mere use can trigger criminal prosecution under the Vietnamese Penal Code, with penalties ranging from imprisonment to death.

In January 2026, an expat in Hanoi was arrested for the possession of 8kg of cannabis.

Foreigner arrested for selling cannabis in Vietnam. | Source: Tieng Chuong

Similarly, you may have heard of “funky balloons” or “laughing gas” being a staple of Southeast Asian nightlife, However, since January 1, 2025, under Resolution No. 173/2024/QH15, Vietnam has officially banned the production, trade, and recreational use of the laughing gas, marking the complete end of “funky balloons” in the country.

Authorities have moved decisively to scrub these from nightlife streets like Bui Vien. In July 2025, a bar owner in Ho Chi Minh City was arrested after continuously selling it after the ban.

How to enjoy a legal nightlife in Vietnam?

Without synthetic thrills, there are plenty of other ways to enjoy nightlife in Vietnam. The country’s spirit is anything but muted, and nowhere is this more evident than Ho Chi Minh City after dark.

In Ho Chi Minh City, travellers can go to the city’s world-class rooftop bars, where the views of the Saigon River and a sophisticated cocktail culture provide a legal, high-altitude exhilaration.

Sitting at the rooftop bar, enjoying Saigon’s landscape can be a way to enjoy the city’s nightlife. | Source: Cathay Pacific

For a more grounded experience, follow the sensory explosion of late-night cơm tấm (broken rice) in District 4 or a steaming bowl of hủ tiếu gõ (street-side noodle soup) in District 1. These are the ‘natural highs’ that truly define Saigon’s character.

By respecting the local vision and staying informed, you aren't just staying safe—you are contributing to a brighter, more civilised, and more livable Vietnam for everyone.

Enjoying a night without illegal substances is the way to respect the local in Vietnam. | Source: Vietnam Discovering

Long Thành Airport Faces Legal Challenges, Potential Delays Ahead

Anh Trang — Thu, 26 Mar 2026 00:00:00 +0000

Long Thanh Airport welcomed its first test flight in December 2025 – a long-awaited milestone for a project that has been underway for five years. As previously reported, the mega airport is expected to operate in June 2026 and handle 80% of international flights from Ho Chi Minh City.

That deadline now seems uncertain. In February, Deputy Prime Minister Tran Hong Ha cautioned a potential delay as several components scheduled for handover between March and June were not yet ready.

In March 2026, Nguyen Tien Viet, the director of Long Thanh Airport’s management unit, was arrested over alleged bribery and bidding violations. While it is not officially confirmed whether the allegations are linked to Long Thanh Airport, the arrests could affect its readiness for operation.

The airport progress: Operation delayed to the end of 2026

As of March 2026, Phase 1 of Long Thanh International Airport – including two runways, taxiways, aircraft aprons, and a passenger terminal – was 72% complete, up 8% from the progress reported in December 2025. This first phase is owned by the Airport Corporation of Vietnam (ACV) company, which has poured VND 34 trillion (around $1.3 billion) into the construction so far.

Long Thanh Airport before welcoming its first flight in December 2025. | Source: Tien Phong

The passenger terminal - the most significant and highest-value package, with an investment of VND 35 trillion (around US$1.5 billion) - was reported to be around 80% complete in February 2026, up from 69% in 2025. However, the payment progress lagged at around 40%.

This progress comes as ACV and other Phase 1 stakeholders face a series of legal challenges and major personnel changes. In addition to the supervisor of Long Thanh Airport, Nguyen Huu Toi, former chairman of Vinaconex, a contractor involved in the passenger terminal project, was also arrested over alleged bidding violations.

Following the arrest, ACV appointed Vu Pham Nguyen An, current director of Da Lat’s Lien Khuong Airport, as the new head of the Long Thanh Airport project management unit.

Construction is continuing at an accelerated pace despite recent personnel changes, with maintained commitments to both progress and quality. However, the completion timeline has been pushed back to the end of 2026, instead of the previously scheduled June 2026.

Airport link construction in “emergency mode”

In March 2026, in a directive sent to relevant stakeholders, Minister of Construction Tran Hong Minh called for the acceleration of transport projects connecting Ho Chi Minh City and Long Thanh Airport to ensure they are ready once the airport begins service.

For key road projects such as Ho Chi Minh City’s Ring Road, the Bien Hoa–Vung Tau expressway, and Provincial Road 25C, which play a critical role in connecting Long Thanh Airport with Ho Chi Minh City, the Ministry of Construction has urged local authorities to mobilize resources, accelerate construction, and complete the projects to put them into operation by the second quarter of 2026.

T1 and T2 roads connecting Long Thanh Airport and Highway 51 (from Long Thanh to Ho Chi Minh City), completed in 2025. | Source: Lao Dong

At the same time, the Prime Minister has approved the extension of Metro Line 1 (Ben Thanh–Suoi Tien) extending to Long Thanh International Airport, to be implemented under an emergency process. With this procedure, the project is expected to be completed in 2030, shortening the time from Long Thanh to Ho Chi Minh City by 40 minutes.

In addition, a broader urban rail network connecting the airport with Ho Chi Minh City, comprising six lines with a total length of 187 km and an estimated investment of US$17 billion, is also expected to be completed by 2030.

Links of the metro line connect Ho Chi Minh City and Long Thanh. | Source: Thanh Nien

When ambitions match with accountability

Long Thanh International Airport is one of Vietnam’s most significant infrastructure projects, with massive investment and a timeline that has been consistently fast-tracked in recent years. Once operational, it is expected to address one of the country’s most pressing aviation infrastructure bottlenecks.

However, recent developments have shifted attention toward legal concerns. Under the latest directive, allegations of corruption and bidding violations related to the Long Thanh Airport project have been placed under the supervision of the Central Steering Committee for Anti-Corruption.

For observers, this raises questions not only about the project’s timeline but also its efficiency and quality.

In April 2025, Terminal 3 at Tan Son Nhat Airport was completed. With an investment of VND 11 trillion, the domestic terminal was fast-tracked and completed ahead of schedule.

However, just one month later, reports highlighted a series of quality issues, including water leakage, suboptimal flooring aesthetics, and inefficiencies in the pick-up area.

The fast completion of T3 later raised quality concerns. | Source: Nguoi Lao Dong

Against this backdrop, the case of Long Thanh Airport becomes more concerning. Despite constant pressure to be “fast”, “on schedule”, and even “under emergency procedures”, a more fundamental question emerges: how is that completion being achieved?

In that sense, the true deadline may not be June or even the end of 2026, but the moment when ambition is matched by accountability.

Will Long Thanh International Airport’s quality meet its ambitious goal? | Source: Tien Phong

Beer, Sunflower Seeds & Golden Star Balm: Four Vietnamese Experimental Performances In New York

thùy dương a-ri — Sat, 28 Mar 2026 00:00:00 +0000

In late January 2026, four Vietnamese performance artists arrived in New York City for a residency at Performance Space New York (PSNY): Nhi Lê, Lại Diệu Hà, Vũ Đức Toàn and Đoàn Thanh Toàn. The residency project was co-organized by performance artists Anh Vo, maura nguyễn donohue and curator Lumi Tan.

Titled We Exist, the residency was originally a project acknowledging the 50th anniversary to the end of the US war in Vietnam, then ended up recontextualizing the commemoration into the present through contemporary Vietnamese performance art scene. The artists-in-residence received the technical and curatorial support, and above all, the space and time to experiment in a New York venue known for embracing risks and the unknown; this public showcase was its fruition.

Beyond experimentation within unfamiliarity, all four performances carried the urge to embrace how the self is always incomprehensible and incomplete. Exploring an existential condition within a society constantly wrestling with a history that haunts, and a future that is always a step premature, the performances felt both universal and distinctively Vietnamese, and urgently contemporary. Coming from a fellow born-and-raised Vietnamese, this piece humbly aims to document and express appreciation to the artists who are constantly reshaping how we may perceive ourselves. The analysis that follows centers on the performances’ exploration of the opaque and fragmented self.

“I don’t hate performance art,” read the banner on the ground outside PSNY on the show night. It was a humble admittance outside one of the most important sites for avant-garde performance art in New York since the 70s. The banner, by Nhi Lê, was previously hung in Hanoi, outside Vietnam Art Collection in 2024. Its original intention of using ambivalence to provoke Hanoian passers-by to reconsider their relationship to performance art still held true in New York. Outside the doors to this long-time home for performances, the status of the craft felt precarious; the country got increasingly intolerant of any self-expressions deemed deviant, the art world growing more insular, and experimental arts more a luxury. The banner, simultaneously, felt reassuring and sympathetic to any questions that may arise from the show.

Nhi Lê, Cải thảo thịt bằm (Napa cabbage minced meat), 2026. | Photo by Queenie Si for Performance Space New York

Through the hallway, encountering fellow Vietnamese in our small community and other New York-based artist friends, we entered the Keith Haring Theatre to find seatings around a white paper circle. In the first performance, Nhi’s Cải thảo thịt bằm (Napa cabbage minced meat), Nhi sat on her knees atop the circle, next to a pair of metal scissors and a glass bowl of water. Projected behind her, a poem about the namesake dish that read less like a recipe, and more a choreographic text about laying down.

The screen went dark. Nhi laid down flat. She started slitting through the paper with scissors, tracing the shape of her body. She then cut off the slit into a figure. The scissors sounded crisp. Once finished, she lifted it up. The cutout looked like it was peeling off from her shadow. She started tearing. She held the final piece of paper to her face, then with it she dove into the water. Face still submerged, she stripped off her top entirely into the bowl. As she slowly rose to her knees, music swelled. Her naked upper body fully bathed in the stage light. She raised her arm, her fingers ushering each musical tone into being. She looked up. The song ended, lights out. “Mộng này nhẹ tênh” - a gentle, feathery revelry, parting words floated in pitch-black darkness.

Nhi’s performance reminded me of Maya Deren’s Meshes of the Afternoon. At every near-identical recurrence of a main event, Deren’s character felt her sense of reality eroded, her self breaking down into imperfect copies. Nhi also severed herself, figuratively and literally. All at once, we encountered Nhi in her physical body, her shadow, her paper cutout, and the mold on the floor in its shape. Time was utilized by both Deren and Nhi Lê less linearly, and more a tool for interior depth. Almost like a glitch, or a recurring dream, each moment in Nhi's performance seemed multiplied, inhabited by a different version of her. Every moment felt like a poetic gesture, to be attentively examined. As we awaited each actions' completion, we had the space to desire our own self-severance, to ponder about what we carry, and what we shed.

In the second half, Nhi emerged almost angelic and self-assured. Her presence felt so much more dense, contrasting with the way she quietly contorted into her shadow before. I thought about Nhi's sharing in a previous conversation. She said during performances, her body became a vehicle and sometimes, an alien. Nhi made me wonder if our bodily vessels could ever contain all the selves we come to be throughout our lives. Nhi’s body-in-performance lent an image to our desire for self-understanding, accessing the “self” like it is a separate entity. Engulfed in the fantastical, reflective space of the performance, I felt my separate self holding a weight - it is our interconnectedness with the surrounding world, accumulated over the duration of human life. The feathery dream at the end of Nhi’s poem dissolved this weight of existential pondering, and the self re-enters the physical body, this time a little less familiar than before.

Đoàn Thanh Toàn, The First Ahhh!, 2026. | Photo by Queenie Si for Performance Space New York

The audience were instructed to shift into a different seating arrangement, and so began Đoàn Thanh Toàn’s performance, The First Ahhh!. He cracked open a beer and started slurping, standing posed. His stance loosened with every sip. He squashed the empty beer can, placed it on his arm. Biting into a lemon, he stuck his tongue out. He started producing sharply intonated yet muddled, slurring sounds, to a tight rhythm from his steps. We could make out “Do you want it, how bad do you want it” from his tongue-tight speech, but little else. Toàn's body glided waltz-like through the audience. After a while, he started indulging in a full monologue, gesturing animatedly to the audience. Onto another beer, his invitations got more direct and forceful. He started pouring beer into the audience's mouths. His voice grew more demanding. Should one close their eyes, Toan’s “speech”, exaggerated by a live vocal effect, felt almost muffled. Words were trapped in, as if pulsating underneath a thin veil. Toàn resumed stomping on-stage. His voice and his breathiness felt almost estranged from an unknown place. A loud clang in the dark cartoonishly completed the performance.

Toàn’s performance, The First Ahhh! wavered between calculated choreographic motifs and drunken weightlessness. The beer cans balancing on his arm kept him in a tight frame, rendering the rest of the performance nearly deceptive. Was it a performance, read, feigning, of drunken looseness? Toan’s character mildly resembled that of young women paid to participate in “nhau” - casual drinking in Vietnamese metropolitans. Their job is to socialize and drink so others feel compelled to drink more. It is a widely commodified expression of sensuality and scripted intimacy. In Toan's performance, he toyed with suggestiveness and ambiguity, with fantastical, uncanny eroticism. We were almost able to understand him, or to have beer poured into our mouths, or to participate in intoxication, or to be his “you”. In forbidding sounds to morph into words, the “almost” makes the audience feel undone. Toan’s voice was impossible to trace, and we yearned to understand it as much as to be its subject.

Vũ Đức Toàn, Cigarette Ashes in the Neilma Theater, 2026. | Photo by Queenie Si for Performance Space New York

In Vũ Đức Toàn’s work, Cigarette Ashes in the Neilma Theater, objects, characters and stories existed in symbiosis. The prop list goes: yellow balloons, sunflower seeds, a glass of water, cigarette butts, a box of candy from a New York subway vendor, metallic thermal blankets, one covering a microwave, a glass of water, and cigarette butts. They referenced spaces and times beyond this physical theater. In the background loomed the 1989 event of Tiananmen square, evoked as a personal event that spared no respite for those living and remembering it. Toan’s set-up and script read like a fragmented installation. His speech, however, felt direct, unembellished, and genuine, devoid of any urge to make monuments or abstraction out of tragedies. Instead, it was filled with an appreciation for everyday life – the raw material and the habitat for artistic creation. Out of the four performances, Vũ Đức Toàn’s felt the most relational and grounded. While coherent in chunks, altogether it highlighted the absurdity inherent in the experience of History, beyond an individual’s comprehension. What is heralded as our most commonplace understanding of shared reality is usually not set-in-stone, but dynamic, always simmering to be evoked and provoked.

Ai Weiwei’s Sunflower Seeds was only mentioned by semblance. A character in Toan’s tale. working as a janitor in an exhibition of 100 million ceramic sunflower seeds, chipped her tooth biting into one, and left a real seed in its place. Ai’s piece became a site to investigate symbolism and reality. Toan did not seek to re-activate any grand truths. Instead, he explored their fringes - the accidents that betray their steadfastness. Accidents are genuine and irreplicable. Toan seemed to be rejecting a kind of sanctity that well-known interpretations of history may carry. Part critique of sterile symbolism, part attempting to breathe some life back into a tamed, orderly art object, Toàn’s performance favored what is real, minute and hearsay.

Lại Diệu Hà, Psyper/Lab, 2026. | Photo by Queenie Si for Performance Space New York

In Lại Diệu Hà’s performance, three large projections encircled the stage: documentations of Ha's previous performances, and an instructional ‘documentary’ about psychotherapy at the back. Throughout the performance, the documentary played on, like an omnipresent ‘expert’. Hà greeted the audience and said she was the “star”. She ran a few laps around the stage with a whistle in her mouth. She then had her blood drawn by a professional for a full minute, her counting growing shakier by the second. She had some volunteers dip into her blood, and spread them out on a cotton cloth. I could only see now that her blood was drawn into a shallow plate. In the plate, there were some tins of Golden Star Balm (Cao Sao Vàng). Simultaneously, she printed blood on her forehead with her thumb, like a marking. She ran a few more laps, this time holding a Balm tin in her mouth. She ended up amongst the audience, pulled out some soap bubble wands and distributed them. She invited us to join her in blowing bubbles. After the stage was filled with joyful audience members and bubbles, she returned to the audience seat, and watched.

The drawing of blood matched Ha's signature performances of endurance. However, the moment when Ha marked her forehead felt surprisingly still, like a sacrificial ritual. Floating Golden Star Balm tins in a pool of fresh blood was a combination of cruel futility: the Balm is never meant to heal bloodied wounds, but merely offers a surface sensation of relief. Yet, the tension between the quotidian, industrially-produced Vietnamese Balm, and real blood, reminded me of how blood is the center of so many well-worn idioms we utter whenever our history is told. The abrupt transformation of the stage as a space of bloodshed, into an archetype of lightheartedness, like bubbles, was jarring. But then, the stage was not meant to be so sacred in the first place. I thought of Hà’s title: “A total Performance score - Chapter 9: “Humble Efforts”. I personally took that as a re-evaluation of what an artist gives and takes. There is always an imbalance, a sense of debt from either side, artist and audience. The artist gives their body, the audience watches and cheers. The audience surrenders their time and their beliefs, so the artist may command control. Beyond this stage, human relationships are filled with these self-sacrifices; for pain, catharsis or anything in-between, we are bound by relations of devotion.

Lại Diệu Hà, Psyper/Lab, 2026. | Photo by Queenie Si for Performance Space New York

Performance Space NY started out as a self-organized space built by and for experimental, risk-taking artists, and has nurtured generations of them for 40 years. Fittingly, We Exist indicated a hunger for new experimentation on the Vietnamese identity. We Exist affirmed an impulse for narrating Vietnamese contemporary life. In the past 50 years, Vietnamese reality has undeniably been marked by an all-encompassing process of retracing our place in history, while tending to the pace in which we are heading towards our desired future. These forces are never frictionless. The four artists chose to hold onto their interior richness and uncertainty. What resulted is a complex record of our contemporary state of being, where we may live outside of ourselves temporarily, lose ourselves in primal intoxication, struggle to make sense of our historical trajectory, or push the boundaries of our devotion. History is like a fluid that seeps into any attempt at self-awareness and self-imagination. Performance, immediate in nature, is specifically apt to catch up with history’s imprinting on the self. But the artists were not embodying the past. With a sensibility blossoming from deep investment into their interior richness, they invited us to co-inhabit ambiguity, between fiction and real-life, between the artist-audience or giver-taker binaries, in the gaps between yourself and others.

6 Jobs That Defined Vietnam’s Subsidy Era

Tam My — Sun, 29 Mar 2026 00:00:00 +0000

In Vietnam’s subsidy era (thời bao cấp), daily life was organized around ration coupons and state-run distribution. That system created a distinct world of work that may no longer exist today as Vietnam moved away from the centrally-planned economy and into the market-oriented of Đổi mới (Reformation) in the late 1980s.

Essentials such as food, cloth, and fuel were often obtained not simply through money, but through state allocation and registered quotas. People were not allowed to freely buy what they needed, even a bunch of sugar.

That economic structure produced a labor system of its own. Some jobs became important because goods were scarce. Others emerged because things had to be repaired, reused, or done by hand. Still others gained social status as they work for a state-run (government-owned) trading or supply store.

Here are some of the jobs most closely associated with Vietnam’s subsidy era.

1. Mậu dịch viên - shop clerk

This occupation well-capture the social texture of the subsidy era - clerks working at state-run distribution stores. In a system where goods like meat, fish sauce, cloth, or fuel were allocated through coupons (tem phiếu), these workers stood in between everyday needs. They are often described as figures of unusual authority because access to goods depended on the counter they controlled.

This is also why the profession carried such an important meaning in social status. In a shortage economy, the person weighing meat or issuing daily necessities could affect the quantity and quality of what one receives.

Queuing to buy food. | Source: Tuổi trẻ

In a centrally-planned economy, access to food and consumer goods depended on administrative paperwork as much as on supply. The management of these entitlements became a form of labor in itself. Collections of ration books and food-purchase coupons at the National Museum of History today are reminders of how deeply this bureaucratic system entered daily life.

Each family got their own “rice booklet” (sổ gạo) shown date and number kilos of rice. During this time, Vietnamese had a famous slang “As sad as losing one’s rice booklet”! (buồn như mất sổ gạo)!

Depending on their occupation and administrative status, government officials, civil servants, and workers were issued ration coupons that determined not only what goods they could purchase, but also the quantity allocated to them. Depending on social and administrative status, from the general population to ministerial officials, one could receive approximately 0.3 kg to 6 kg of meat and 13 kg to 24 kg of rice per month.

A food ration book, also known as a rice ration book, is a booklet that records the monthly food ration purchased by a household. | Source: Dân Trí

2. Ballpoint-pen ink refillers

Before cheap stationery became widely available, refilling ballpoint pens was a recognizable small trade. In a society where consumer goods were limited and people were used to making things last, even an empty pen could still be worth saving. Refilling required ink, simple tools, and a careful hand, especially because leaking ink could ruin clothing and notebooks.

Small, practical services existed because the cost of throwing things away was higher than the cost of extending their life.

Tools include a syringe with a cylinder and a tube to hold the ink, some cotton, and alcohol to remove the ink. | Source: CafeBiz

3. Letter writers

In an era when literacy was uneven and formal paperwork mattered, writing on behalf of others could also become a livelihood. Letter writers helped people compose personal correspondence, petitions, applications, and complaints.

Back to this period, writing was not yet universally accessible as an everyday skill in the way it is often assumed to be today, and administrative language could be intimidating. For some people, the ability to turn spoken concerns into written form was both practical labor and social mediation.

Duong Van Ngo - the last public letter writer at the Saigon Central Post Office, died at the age of 94. | Source: Duong Van Ngo’s family for VnExpress

4. Typists

Before computers and photocopy shops became commonplace, typists handled forms, official documents, applications, and manuscripts for a fee per page. In urban life, this was once a practical and visible service. A typewritten page carried a sense of formality and legibility that handwritten paperwork often did not.

The job existed because administrative life depended on paper, while access to typewriters and typing skills was limited. That combination turned a machine skill into a profession. Nowadays, personal computers, printers, and word-processing software eventually replaced both the typewriter and the specialist typist.

A typist on the sidewalk in Hanoi in 1991. | Source: Andrew Holbrooke via Getty Images

5. Garments dyers

In the subsidy era, clothing was not treated as disposable. Fabric could be rationed, and garments were expected to be worn repeatedly, repaired, and maintained. As a result, dyeing faded clothes became a practical service. Rather than buying new items, people often tried to restore old ones, especially in darker colors that could conceal wear.

This job reflected the economics of shortage as each family was only given a certain amount of fabric, enough to make a few sets of clothes. After a while, the fabric faded, so people would have it re-dyed to make it look new.

Today, the craft has not disappeared entirely. In places of ethnic minority groups, traditional indigo dyeing still survives as a living textile practice. But its purpose has shifted from extending the life of faded garments to craftsmanship and fashion.

Source: CafeBiz

6. Wartime scrap craftspeople

One of the most striking occupations associated with the period was the making of household items from war scrap metal. Bomb casings, aircraft fragments, and other leftover materials could be repurposed into pots, basins, trays, or bicycle-related goods. This was not simply an example of creative recycling; it reflected the material shortages of the postwar economy and the practical ingenuity of daily life.

The objects made through this work were valued because they answered real household needs at a time when industrial consumer goods were limited.

Bicycles’ rims and fenders made from the wreckage of bomb shell. | Source: Nguyễn Ngọc Tiến for Thanh Niên news

Education Is No Longer Just About Getting A Degree: A Perspective From The President Of Vietnamese-German University

Trieu Vi — Sun, 29 Mar 2026 06:00:00 +0000

Over the past two decades, Vietnam’s economy has undergone a period of robust growth with the ambitious goal of entering the top 20 global economies. To achieve this macroeconomic ambition, a high-quality workforce is considered a crucial input factor. Solving the human resources puzzle is no longer just a challenge for businesses; it is also a vital responsibility of the higher education system.

Appearing on episode 381 of the Vietnam Innovators podcast, Prof. Dr. René Thiele, President of the Vietnamese - German University (VGU), offered in-depth analyses on the shifting labor market and the new direction of education. Having served as a professor of geospatial information - a complex field intersecting urban planning and computer science and as a vice president at a university in Frankfurt (Germany), he shared that he decided to work in Vietnam because he was impressed by the country’s economic growth, the educational potential in the southern region and the love for Vietnam.

Guest for the milestone 500th episode of the Vietnam Innovators podcast – Prof. Dr. René Thiele, President of the Vietnamese-German University (VGU). | Source: Khooa Nguyen for Vietcetera

An 18-Year Journey To Build A “Lighthouse” Of Knowledge

Recalling the history of the Vietnamese - German University, Prof. Dr. René Thiele refers to it as a symbolic “lighthouse project” in diplomacy. Initiated in 2005 through discussions between political representatives of Germany and Vietnam, VGU carries the mission of transferring German’s educational philosophy, quality standards, and advanced research systems. If the Deutsches Haus in Ho Chi Minh City represents the quintessence of German engineering and design, VGU is expected to become a symbol of knowledge that strengthens the strategic partnership between the two nations.

Explaining the decision to locate the university’s campus in Binh Duong province, the President analyzed this as a highly practical strategy. | Source: Khooa Nguyen for Vietcetera

From his perspective, Binh Duong is currently the “capital” of high-tech manufacturing, a hub for many multinational corporations. Placing a full-fledged university campus right in the heart of industrial zones helps the institution easily connect research activities with practical applications. At the same time, this model opens up countless internship and career opportunities for the approximately 4,000 students currently enrolled at the university.

Beyond The Major: Global Thinking And A “Dare To Fail” Culture

Amid the boom of artificial intelligence and automation, many parents worry about choosing a major that will keep their children from becoming obsolete. Addressing this concern, Prof. Dr. Thiele believes that specialized knowledge can be learned anywhere, but the most important thing a university needs to equip its students with is the capacity for global thinking and interdisciplinary problem-solving skills.

Working directly with Vietnamese youth, he likens them to “sponges,” eager to learn and incredibly hardworking. However, through the lens of a Western educator, he candidly points out a systemic gap: “Vietnamese students sometimes do not fully understand ‘why’ they have to study a certain issue, and the most obvious deficiency lies in their willingness to engage in critical discussions.”

According to Prof. Dr. Thiele, the pressure to be perfect makes many students afraid of making mistakes. To change this, he advocates building an open academic environment at VGU, where students are allowed to freely criticize without fear of offending, and most importantly, learn how to take responsibility for themselves.

“It doesn’t matter how many times you fall, what matters is how many times you stand back up,” the President emphasized. | Source: Khooa Nguyen for Vietcetera

The Talent Challenge In A Transforming Economy

Prof. Dr. Thiele believes Vietnam is currently undergoing a fundamental transition: from an economy focused on manufacturing efficiency to one positioned as a center of innovation and intellectual property creation.

However, this rapid growth could stall if the supply of high-quality talent cannot keep up. He cited real-world examples: an industry partner needing 500 engineers per year, the massive workforce required for high-speed railway projects, and the shortage of experienced Chief Technology Officers (CTOs) in Vietnam’s relatively young e-commerce sector.

These enormous talent gaps, especially in leadership, innovation, and advanced expertise, are exactly the challenges VGU aims to address.

To do so, the university is actively shaping the future labor market by developing talent in key industries expected to define the next decades:

Renewable energy
Logistics and supply chain management
Mechatronics and biomedical engineering
Computer science and mobile technologies
Artificial Intelligence
Semiconductors
Smart Manufacturing
Digital business & fintech

Thiele emphasized that the ultimate goal is to help Vietnam achieve industrial, technological, and energy independence within the next 10–15 years through a strong pool of homegrown talent.

According to the President, VGU’s ultimate goal is to help Vietnam achieve autonomy in industry, energy, and technology over the next 10-15 years through a self-reliant workforce of talented individuals. | Source: Khooa Nguyen for Vietcetera

The Standard German Experience: A Launchpad to the Global Stage

Discussing the competitive advantage of students when entering the labor market, Thiele emphasized the legacy of German education. According to him, the academic programs at VGU are designed not just to teach students how to use technology, but to compel them to dig deep and understand its core essence. This excellence in the academic experience is shaped by three distinct elements:

Double Degree Program: Instead of merely receiving a local degree, graduates will hold both a degree from VGU and one from a partner university in Germany. 100% programs are taught in English by profession being graduated from global universities. This double degree goes beyond the typical framework of educational cooperation to become “a sharp testament to the fact that the students have fully met the most rigorous European standards”, the President assessed, thereby opening up a massive advantage in the global job market.
Authentic International Experience: Stepping out of one’s comfort zone is always the first lesson in growing up. Therefore, the President encourages students to take advantage of the opportunity to go to Germany for an exchange of at least one semester. Throwing themselves into a completely unfamiliar “winter semester” in Europe, combined with honing their German language skills, is seen as a powerful catalyst for students to break out of their comfort zones and enhance their adaptability.
A Campus as a “Micro-Society”: The student experience at VGU carries the distinct hallmark of international universities, most notably the fact that the majority of students live in dormitories right on campus. This place is not only a space for research and study, but also a micro-society for living, interacting, and cultural exchange. To the President, this closed ecosystem model is the most solid mental preparation “before they actually step into the complex working environments of multinational corporations.”

Thanks to this comprehensive ecosystem, VGU is not only fulfilling its role of imparting knowledge, but the university is also shaping "what the next generation of Vietnam could look like for education and its role in global readiness", as host Hao Tran concluded. | Source: Khooa Nguyen for Vietcetera

A Launchpad For The Elite Generation

Education has never been solely about degrees; it is a journey of shaping character and building the nation’s future. Deeply understanding Asian culture, where parents often have a significant influence on their children’s choice of university, Prof. René Thiele sends a message to young people on the threshold of college:

Follow your dreams and your heart, and develop your own vision of your life.

Under the stewardship of a President with a global vision, VGU is not just a school that imparts knowledge, it is a launchpad forging a new elite generation in Vietnam: professionally sound, rich in critical thinking, daring to venture, and ready to propel the country’s innovative economy up the global ladder.

HCMC lands $2.1B AI mega-project: Vietnam emerges as a premier tech hub

Genesia Ventures — Sun, 29 Mar 2026 13:53:14 +0000

HCMC to break ground on $2.1 billion AI data center project

Ho Chi Minh City is preparing to break ground on a $2.1 billion AI data center at Tan Phu Trung Industrial Park, marking a significant step in the development of next-generation digital infrastructure in Vietnam. The project follows a memorandum of understanding between the city’s Department of Science and Technology and Accelerated Infrastructure Capital, reflecting growing international investor confidence in the country’s digital economy.

The data center will be developed through a joint venture led by Accelerated Infrastructure Capital in partnership with Kinh Bac City Development Holding Corporation and international partners. The collaboration is expected to form a large-scale AI computing campus, positioning Ho Chi Minh City as a central hub in the regional AI and data economy.

In its first phase, the facility will feature an “AI Factory” with a capacity of approximately 50 megawatts and around 28,000 GPUs. This large-scale computing capacity is designed to support high-performance computing needs, providing a foundational layer for AI development, cloud services, and other advanced digital applications.

Tan Phu Trung Industrial Park is located in Cu Chi District, Ho Chi Minh City. | Source: Kinh Bac City

The project is scheduled to fully disburse its investment capital and begin initial operations by the end of the first quarter of 2027. Once operational, the data center is expected to play a key role in supporting AI research, enabling cloud computing services, and accelerating digital transformation across industries.

Beyond its technical capabilities, the initiative is also expected to attract technology companies, research centers, and AI startups to Vietnam. By strengthening the country’s innovation ecosystem, the project reinforces Ho Chi Minh City’s ambition to become a leading destination for technology investment and development in Southeast Asia.

Vietnamese EV Maker Dat Bike secures $4 million investment from Thien Viet Securities

Vietnamese electric vehicle manufacturer Dat Bike has secured a $4 million investment from Thien Viet Securities, marking continued investor confidence in the company’s growth trajectory and in Vietnam’s broader transition toward electric mobility. The funding will be used to expand production capacity, improve supply chain operations, upgrade distribution networks, and accelerate research and development efforts as the company scales its operations.

The investment builds on Dat Bike’s previous $22 million Series B round in 2025, which included participation from international investors such as F.C.C. Co. Ltd., Rebright Partners, Jungle Ventures, Cathay Venture, and Wavemaker Partners. This follow-on funding reflects sustained backing from both domestic and foreign investors, highlighting Dat Bike’s positioning within a market undergoing structural shifts toward electric vehicles.

Mr. Nguyen Ba Canh Son, Founder and CEO of Dat Bike. | Source: Dat Bike

Beyond capital, Thien Viet Securities is expected to provide strategic support, including management consulting, value chain optimization, and access to capital markets. This involvement underscores the growing role of local financial institutions not only as capital providers but also as partners in scaling Vietnamese startups, complementing the presence of international venture capital in the ecosystem.

The investment comes amid a large and underpenetrated domestic market opportunity. Vietnam currently has more than 77 million motorbikes in circulation, with approximately 3 million new units sold each year, creating significant potential for electric vehicle adoption. Dat Bike is positioned to benefit from this transition as demand gradually shifts toward cleaner mobility solutions.

Thien Viet Securities has an established track record in Vietnam’s startup ecosystem, with previous investments in companies such as MoMo and Finhay, as well as active participation in venture debt deals. Its continued involvement in growth-stage companies like Dat Bike reflects a broader trend of increasing engagement from domestic capital markets in supporting the expansion of local technology ventures.

Kredivo Acquires Vietnam’s Digital Bank Timo to Expand Regional Fintech Footprint

Indonesia-based fintech platform Kredivo has acquired Vietnamese digital bank Timo, marking a cross-border transaction aimed at expanding its digital banking footprint in Southeast Asia. The deal reflects a broader trend of regional fintech consolidation, as companies increasingly use mergers and acquisitions to accelerate market entry and scale across the region.

The acquisition is expected to strengthen Kredivo’s presence in Vietnam by combining its consumer lending and buy now, pay later capabilities with Timo’s existing digital banking platform and user base. Through this integration, Kredivo gains access to an established infrastructure and customer network in Vietnam, enabling faster market penetration without building operations from scratch.

As part of its post-acquisition strategy, Kredivo plans to gradually integrate its proprietary lending technology into Timo’s platform. The company is also expected to introduce new financial products, including credit and payment solutions, leveraging its fintech expertise to expand Timo’s service offerings and enhance user engagement.

Timo is among the first digital banking platforms in Vietnam. | Source: Timo Digital Bank

Kredivo has committed to investing approximately $15 million in Vietnam over the next three years to support the expansion of its fintech operations. This investment underscores growing international interest in Vietnam’s digital finance sector and highlights the country’s increasing importance within Southeast Asia’s fintech landscape.

Founded in 2015, Timo is one of Vietnam’s earliest digital banking platforms and operates in partnership with Viet Capital Bank, in line with local regulatory requirements governing digital banking licenses. By combining Kredivo’s technological capabilities with Timo’s local presence, the transaction is expected to intensify competition in Vietnam’s fintech market, particularly in consumer lending, digital banking, and buy now, pay later services.

Vietnam Ranks Among Asia's Top Eighth Innovation-Friendly Environments

Vietnam has been ranked eighth in Asia (third in Southeast Asia) in the Innovators Business Environment Index 2026, underscoring its growing position as one of the region’s most supportive environments for innovation and startups. The ranking places Vietnam among the leading markets in Southeast Asia, reflecting increasing attractiveness for founders, investors, and technology-driven enterprises.

The index evaluates key factors such as ease of doing business, incentives for companies, and the overall perception of innovation within the economy. Vietnam’s strong performance across these criteria highlights improvements in policy support and the broader business environment, contributing to a more favorable landscape for entrepreneurial activity and technological development.

This progress is supported by the country’s broader innovation momentum. In recent years, Vietnam has been strengthening its innovation ecosystem through digital transformation policies, startup development programs, and continued investment in technology infrastructure. These efforts have gradually enhanced the country’s competitiveness and reinforced its role as an emerging innovation hub in the region.

At the same time, sustaining this trajectory will depend on further improvements in regulatory frameworks, expanded access to capital, and deeper integration between research institutions, startups, and global markets. Continued progress in these areas will be critical for Vietnam to maintain its position and advance as a key center for innovation in Southeast Asia.

Vietnam's Business Environment Index and Rankings for Innovation. | Source: StartupBlink

Exit constraints continue to challenge Vietnam’s startup ecosystem

Exit opportunities remain a structural bottleneck in Vietnam’s startup ecosystem, directly affecting the ability of investors to recycle capital into new ventures. The availability of clear and viable exit pathways plays a critical role in sustaining investment activity, as it determines whether capital can continue circulating within the ecosystem to support future innovation.

Limited liquidity has led to more cautious capital deployment by venture funds. When exit options are constrained, investors tend to slow down new investments, making it more difficult for startups to secure funding and attract talent. This dynamic underscores the importance of strengthening exit mechanisms to maintain momentum in the broader startup landscape.

While Vietnam’s stock market has shown signs of improvement, initial public offerings remain a narrow path for most startups. Only a small number of companies currently meet the necessary requirements in terms of scale, governance, and growth to pursue public listings, limiting the role of IPOs as a primary exit channel.

In many cases, delays in exits are not driven by weak business performance but by misalignment between founders and investors. Differences in expectations around timing and exit strategy can prolong the process, highlighting the need for clearer alignment to facilitate smoother capital realization.

As a result, alternative exit routes have become more common in practice. Secondary share sales during later funding rounds and strategic mergers and acquisitions are increasingly serving as the primary liquidity channels for investors, compensating for the limited number of IPO opportunities. Strengthening these exit pathways is essential to improving capital circulation and supporting the long-term sustainability of Vietnam’s venture ecosystem.

These insights were originally shared by Hoang Thi Kim Dung on zunzunstartups.com and later republished by Báo Đầu Tư.

Jet Fuel Shortage Could Push Vietnam Airfares Up 70%

Anh Trang — Mon, 30 Mar 2026 16:28:45 +0000

The global aviation industry is facing an unprecedented crisis, as fuel - accounting for roughly 35-40% of airlines’ operational costs - grows scarce amid Middle East tensions.

Vietnam is no exception. As 70-80% of its aviation fuel sourced from import, disruptions in the Middle East have constrained supply, leaving the country with limited reserves. At the same time, fuel prices have also tripled, prompting airlines to cut or reduce flight.

On March 9, the Civil Aviation Authority of Vietnam convened a meeting with relevant agencies to discuss measures to address the fuel crisis. Alongside proposals to reduce taxes and fees, other key options are adding fuel surcharges and raising the cap on airfares.

Fuel supply constrained since mid-March

The meeting on March 9 to discuss the current fuel crisis in the aviation industry. | Source: Tuoi Tre

Most of Vietnam’s Jet A1 aviation fuel comes from Singapore, Thailand, and China, accounting for around 70–80% of supply - according to Tran Minh Tuan, CEO of Vietnam Air Petrol Company (Skypec), one of the country’s key aviation fuel providers. The remaining 20–30% comes from domestic refineries, from the Dung Quat Oil Refinery and the Nghi Son Refinery.

However, escalating tensions in the Middle East have disrupted oil supplies, with major exporting countries either cutting back or halting shipments altogether.

More recently, China and Thailand - two of Vietnam’s largest sources of aviation fuel - have both announced a suspension of exports since mid-March, with no timeline for resumption.

Tran Minh Tuan said Skypec will ensure sufficient fuel supply through March 31, 2026, and has already ordered to meet demand for April 2026. However, he cautioned that this cannot be guaranteed, as previously signed orders may still be cancelled due to the “uncontrollable event” clauses in contract.

Skypec cannot guarantee the fuel supplies beyond April 2026. | Source: VnExpress

While major aviation fuel providers in Vietnam are still seeking alternative suppliers and are willing to accept higher prices to meet operational needs beyond April 2026, under the current situation, securing new sources remains highly challenging.

Meanwhile, domestic supply from Nghi Son Refinery and Dung Quat Oil Refinery is unlikely to ramp up Jet A1 output in the short term, as production must be balanced with other petroleum products to support broader economic activity.

Higher costs lead to flight cuts and rising airfares

The price of Jet A1 aviation fuel has tripled, compared to pre-conflict levels. This has pushed airlines’ operating costs up by 60–70%, according to Bui Minh Dang, head of the Air Transport Division at the Civil Aviation Authority of Vietnam

In response to these rising costs, both airlines and policymakers are taking action.

For carriers, the priority is to maintain operations while minimising losses. Vietnam Airlines has announced pausing operations on 7 domestic routes starting April 1, with plans to cancel 18% of the airline’s international flights and 26% of its domestic flights if fuel prices continue to rise.

Meanwhile, Vietjet Air aims to reduce its total capacity by 18% in April, while Bamboo Airways halves its flight operations, leaving only about 15–17 flights per day.

Vietnam Airlines has cut 7 domestic routes. | Source: Tuoi Tre

At the policy level, the Civil Aviation Authority of Vietnam has urged the government to consider a range of policy measures to support the aviation sector. This includes: tax relief on aviation fuel, VAT cuts, and a 50% reduction in aviation-related fees.

The Aviation Authority also proposed to include flexible fuel surcharges in airfares, in line with Jet A1 price fluctuations. At the same time, this authority also urged related agencies to consider adjusting the price cap on domestic routes, which is currently set at no more than VND 4,000,000 (USD $154) per one-way ticket.

Moreover, they also called for diplomatic efforts to facilitate access to fuel supplies.

On March 17, Prime Minister Pham Minh Chinh met with ambassadors from Japan, the UAE and Qatar, seeking cooperation to support Vietnam’s energy and fuel needs. In particular, he urged the Japanese government to provide Vietnam with aviation fuel, as Japan has called on the G7 to release oil reserves to boost global supply.

Prime Minister Pham Minh Chinh with the Japanese Ambassador to Vietnam Ito Naoki. | Source: Tuoi Tre

Flexibility is important: how travellers should book flight ticket

For travellers, the impact is likely to be immediate. Airfares may continue to rise as part of the increased costs, while reduced flight availability could limit options, particularly during peak periods.

Around the world, several airlines such as Cathay Pacific, AirAsia, and Thai Airways have announced fare increases of up to 15%.

In Vietnam, although carriers have yet to officially announce fare increases, local media have warned that ticket prices on domestic routes could rise by as much as 70%.

Market observations also show that domestic airfares have climbed rapidly. On the Ho Chi Minh City–Hanoi route, many flights no longer have an under VND 2 million (USD $76) option for a one-way ticket.

At the same time, domestic airfares for the upcoming peak holidays, such as Hung Kings' Commemoration Day and Reunification Day, are surging. Flights from Hanoi to Da Nang are now priced at around VND 3.8–5 million (USD $144-189) for a round trip, compared to the usual VND 1.4–3 million (USD $55-118).

More people would travel on peak holidays such as Hung Kings’ Commemoration Day and Reunification Day. | Source: Bao Chinh Phu

Amid rising fares and potential flight disruptions, travellers are advised to balance early booking with flexibility.

James Noel-Beswick of Sparta Commodities and flight deal expert Scott Keyes agree that booking early is the smartest move, as fuel costs remain on an upward cycle and have yet to be fully reflected in airfares.

However, to manage the risk, passengers may want to prioritise flexible tickets that allow changes or cancellations, rather than affordable fares with restrictive conditions. As uncertainty persists, flexibility in timing, routing, and ticket conditions may prove just as important as price.

Besides booking early, opting for flexible options could be safer to travel in uncertain times. | Source: Tap chi hang khong

Is Vietnam Usually This Hot?

Anh Trang — Fri, 03 Apr 2026 00:00:00 +0000

Vietnam has been so scorching lately that stepping outside feels like a test of endurance. Unlike the typical mid-April transition, the 2026 heat arrived uninvited, unexpected, and unapologetically intense.

The country is now facing its earliest heatwave in decades, with temperatures surging as early as mid-March, two weeks earlier than expected. Nationwide, temperatures have climbed to 35–37°C, with some areas reaching up to 39°C in late March.

According to the National Centre for Hydro-Meteorological Forecasting (NCHMF), in 2026, this temperature is expected to be 0.5-1°C higher than in other years

Is Vietnam usually this hot?

Vietnam is experiencing unusual heat in 2026. | Source: Thanh Nien

Although Vietnam’s regions have very different weather patterns, this kind of heat doesn’t normally appear every year.

In the North, where Hanoi is located, late March and early April usually mean “spring”, with temperatures ranging from 19°C to 24°C. It’s the gentle transitional window between the biting chill of winter and the first breath of summer that typically arrives by mid-April. This is the season of lingering drizzle, grey skies, and the occasional weak cold snap (which is locally called Rét nàng Bân).

At the same time, the Central (Da Nang, Hoi An) usually starts its dry season in January, but the "scorching" heat usually waits until May or June when the "Lào winds" (Foehn winds) are at their peak.

Meanwhile, the South often sees temperatures around 32–34°C in March, but the high humidity usually means the heat tapers off by late afternoon and evening

However, in 2026, that familiar rhythm unravelled. The North skipped its spring entirely, jumping straight to 35°C–38°C days by late March. Regions from Thanh Hoa to Hue are already recording peaks of 38°C in March, way before the “Lào winds” kick in. In the South, the humidity has dropped to as low as 35%. Combined with 36°C heat, it creates a “desert-like” intensity that is rare for the tropical South this early.

The heat level in Ho Chi Minh City in late March. | Source: Thanh Nien

The reasons behind this unusual heat

According to experts, this year’s unusual heat is the result of several factors.

Nguyen Van Huong, Head of the Weather Forecasting Department at NCHMF, said that Pacific Ocean temperatures in March have shifted back to neutral, with a tendency toward the warmer phase (El Niño) rather than the cooler (La Nina).

This shift reduces the cooling influence that typically brings clouds and rainfall, allowing heat to build more easily. Combined with regional high-pressure systems, it helps create a “heat dome” effect that traps hot air over Southeast Asia.

Vietnamese people shrouded in layers, shielding from the early burn. | Source: Thanh Nien

Meteorologist Le Thi Xuan Lan noted that in the North, the heat arrived early largely because the hot low-pressure system over India and Myanmar moved east sooner than expected, because of climate change. When that hot air pushes into northern Vietnam, it collides with the fading cool air of late winter, creating sharp temperature jumps and unusually early heatwaves.

For the South, meteorologist Le Thi Xuan Lan explains that sunlight hits the Earth more perpendicularly this time of the year, which increases solar radiation and raises UV intensity compared to other seasons, with clear health impacts.

On top of that, long, cloudless days during the peak of the dry season allow strong sunshine from morning until late afternoon, heating the ground and drying the air much faster than usual.

The long day of sunshine makes the heat more intense. | Source: SGGP

How long will the heat last?

This early heat is just the opening act for a summer that promises to be long and record-breaking.

Meteorologist Le Thi Xuan Lan said that in June, Vietnam may expect El Niño - an abnormal heat from the Pacific Ocean, which affects wind patterns and typically reduces rainfall in Vietnam, increasing the risk of prolonged heat and dry conditions.

The arrival of El Niño is expected to make the hot season in Northern Vietnam more unpredictable, with longer and hotter periods than usual. In the Central region, El Niño coincides with the peak of the dry season, meaning the area is likely to face severe drought, with temperatures commonly reaching 38–39°C and some locations potentially hitting 40°C or even higher.

Workers work outside during the extreme heat. | Source: SGGP

According to the NCHMF, heatwaves in Vietnam in 2026 are expected to last longer and be more intense than the long-term average. They may even surpass heatwaves of 2025 - a year that already broke heat records with temperatures about 0.5°C above the long-term average.

“Extreme heat is no longer something unusual. It’s becoming more common as climate change intensifies”, Nguyen Van Huong, Head of the Weather Forecasting Department at NCHMF, said

Forecasts indicate that from around September 2026, the heat is likely to gradually ease, though unusually late heatwaves may still occur.

Summer 2026 is predicted to be more intense than last year. | Source: Kinh te moi truong.

A New Saigon Dining Spot With Four Dining Concepts Under One Roof

Nhật Hạ — Fri, 03 Apr 2026 04:00:00 +0000

Dining has become less about the food alone, and more about the experience: where you meet, how long you stay, and whether a place is worth coming back to. That shift is exactly what Union Square’s new dining floor is tapping into.

A Different Kind Of Dining Space In District 1

Sitting at one of the busiest intersections in the city - Nguyen Hue, Dong Khoi, Le Loi, and Le Thanh Ton, Union Square has always been easy to recognize. For years, it was mostly associated with luxury retail. Now, it’s trying something else.

Sitting at one of the busiest intersections in the city - Nguyen Hue, Dong Khoi, Le Loi, and Le Thanh Ton, Union Square has always been easy to recognize. | Source: Union Square

Instead of treating dining as an add-on, the newly opened Level 3 feels more like a destination in itself. Four concepts, different styles, all in one place, something closer to a curated lineup. The idea is simple: give people options, but make sure those options make sense together.

Four Ways To Spend Your All Day

What makes the space work isn’t any single restaurant, it’s how they complement each other. Curated and operated by Vina Collective, is a hospitality management and placemaking collective dedicated to curating distinctive destinations across hospitality, dining, culture, and lifestyle in Vietnam.

NOI

If you’re planning to actually sit down and eat, NOI is probably where you’d start.

It’s built around wood-fire cooking, with a Mediterranean influence. Think grilled meats, seafood, and dishes that lean on natural flavor rather than heavy seasoning. The open kitchen adds a bit of energy, and the space strikes a balance between casual and polished.

NOI, it’s the kind of place you go when you want dinner to feel like an occasion, but not a formal one.

PÃO PÃO

Not every meal needs to be a full sit-down and PÃO PÃO fills that gap. It’s a fast-casual concept built around Portuguese-style bread—something you don’t see often in Saigon. The appeal here is convenience, but with just enough difference to make it interesting.

This is the kind of place you stop by:

before heading somewhere else
when you don’t have much time
or when you just want something light but still satisfying

PÃO PÃO, tt’s a fast-casual concept built around Portuguese-style bread—something you don’t see often in Saigon.

Vietnam House

Even as international cuisine becomes more popular, Vietnamese food still anchors most people’s dining habits.

Vietnam House leans into that, but presents it in a more refined way. The menu stays close to familiar flavors, while the setting, along with additions like a Champagne Bar and afternoon tea, pushes it toward a more occasion-driven experience.

Vietnam House, tt’s an easy choice if you’re bringing guests, or just want something reliable without feeling too casual.

The Reverie Boutique

Then there are moments when you’re not really here for a meal. The Reverie Boutique works for that. Pastries, chocolates, small indulgences, things you can pick up quickly or enjoy without committing to a full dining experience.

The Reverie Boutique, it’s also the kind of place you end up at, even if it wasn’t part of the plan.

Why This Works

There’s no shortage of good restaurants in Saigon. What’s harder to find is a place where multiple concepts actually work together.

Here, you can:

start with something quick
move into a proper dinner
and end with dessert

All without leaving the same floor. That flexibility matters more than it used to. As part of this launch, it also introduced the Loyalty Program, marking the first step toward a unified guest experience across its venues. Members can enjoy immediate benefits, including welcome privileges, birthday rewards, and exclusive access to curated experiences.

As diners become more open to global flavors and more selective about how they spend their time, spaces like this start to make more sense. It’s less about chasing the “best restaurant,” and more about choosing somewhere that fits your mood.

So, Is It Worth Going?

If you’re looking for a single standout restaurant, you’ll find plenty of options across the city. But if you want a place where you can decide as you go, eat a little, stay a bit longer, maybe try more than one thing, this is a good place to start.

Vietnam Went From One Of The Leanest Nations To One Of Southeast Asia’s Fastest-Rising Obesity

Anh Trang — Sat, 04 Apr 2026 00:00:00 +0000

Vietnam once surprised the world with a 2.1% obesity rate, ranking 200th out of 200 countries on the Global Obesity Chart by the World Obesity Federation in 2022, which effectively means the lowest obesity rate on the planet.

However, this does not mean Vietnam is “the world’s thinnest country.” Data from Vietnam’s Ministry of Health in 2026 shows that around 20% of the population is now overweight or obese which means roughly 20 million Vietnamese are struggling with excess weight.

While the proportion of people with clinical obesity (Body Mass Index (BMI) ≥30) remains among the lowest globally, the share of adults who are overweight (BMI ≥25) is rising at one of the fastest rates in Southeast Asia, challenging Vietnam’s long-held reputation for being a “naturally thin” nation.

The lowest, but fastest-growing rate

Vietnam once recorded one of the lowest rates of overweight and obesity. In 2010, according to the National Institute of Nutrition, obesity prevalence was 2.6% among adults and 8.5% among children, compared with 35.7% of adults and 16.9% of children and adolescents in the United States during the same period.

Many attribute these low rates to Vietnam’s traditional diet and lifestyle. Vietnamese cuisine emphasises fresh vegetables, lean proteins and modest portion sizes, while Western-style fast food remains far less common than in wealthier countries. Combined with historically high levels of daily physical activities through labour-intensive jobs and daily routines, this pattern helped keep obesity prevalence low for decades.

A traditional Vietnamese meal which has lots of vegetables and fruit. | Source: Suckhoedoisong

However, the number of overweight and obese individuals in Vietnam is climbing rapidly. By 2020, data from the National Institute of Nutrition suggested that Vietnam’s obesity rate had risen to 6.6% among adults and 19.0% among children – a two to three-fold increase from 2010.

Obesity and overweight is rising fastest in urban areas, where overall rates have reached 26.8% compared with 18.3% in rural regions. Among adolescents, prevalence has already exceeded 50% in Ho Chi Minh City and 41% in Hanoi.

When looking specifically at clinical obesity (BMI ≥ 30), Vietnam’s rate remains low by global standards. According to the Global Obesity Chart, in 2022, the country’s obesity rate was just 2.1% among adults and 3.09% among children, among the lowest in the world.

However, the overweight category (BMI 25–29.9) tells a different story: rates have climbed to around 20% in adults and nearly 30% in children. This indicates that Vietnam is entering a critical “risk zone,” where a large share of the population is hovering just below the obesity threshold.

In 2026, the World Health Organisation (WHO) estimates that around 19.5% of Vietnam’s population (nearly 20 million people) is overweight or obese (BMI ≥ 25). The prevalence of overweight and obesity in Vietnam has increased by approximately 38%, placing it among the fastest-rising in Southeast Asia.

Although remaining the lowest in the world, Vietnam’s obesity rate is among the fastest-rising in Southeast Asia. | Source: VOV2

Modern lifestyles behind the rising weight problem

Experts say Vietnam’s rapid rise in excess weight is closely tied to modern urban lifestyles.

According to a Decision Lab survey on 1000 people living in 5 big cities in Vietnam, two-thirds of participants spend over six hours a day sitting, as seen in office workers, while more than one-third regularly consume packaged or ultra-processed products high in salt, sugar and empty calories.

Vietnamese adults are consuming an average of 8.1 grams of salt per day and 46.5 grams of free sugar, almost double the intake recommended by the WHO. At the same time, rising consumption of packaged and ultra-processed foods is increasing the risk of metabolic disorders and diseases such as obesity, diabetes and cardiovascular conditions.

An average Vietnamese consumes 8.1g salt per day. | Source: VnExpress

Child-feeding habits add to the problem. Many parents still equate “chubbiness” with good health, or worry more about children not eating enough than overeating. This misconception has allowed excess weight to creep in early.

Physical inactivity is also widespread. UNFPA lists Vietnam among the world’s ten least active countries. An average Vietnamese just walks 3,660 steps a day, far below the 10,000-step recommendation by the WHO.

Dr. Pham Thi Minh Chau, a psychiatrist at the University of Medicine and Pharmacy in Ho Chi Minh City, notes that beyond the physical and financial burden, people living with excess weight also face significant psychological harm. Social stigma and self-blame, she says, can fuel mental health issues such as depression and anxiety.

Once depression sets in, the cycle often worsens. Patients may develop disordered eating, turn to emotional eating, or become less physically active, which contribute to further weight gain. Studies show that around 43% of adults with depression are obese, and people with depression face a substantially higher risk of developing obesity compared to those without the condition. Among children, those with depressive symptoms also tend to have higher BMI than their peers.

Among children, those with depressive symptoms are more likely to be overweight than their peers. | Source: Vietnam Plus

A growing crisis meets limited preparedness

According to the World Obesity Atlas 2023, obesity could impose an economic burden of up to USD 16.28 billion in Vietnam by 2035 — equivalent to around 2% of the country’s GDP.

Assoc. Prof. Dr. Tran Quang Nam, head of the Endocrinology Department at the University Medical Center Ho Chi Minh City, stresses that obesity is not simply excess weight but a chronic disease. It affects nearly every organ system through two main pathways: metabolic dysfunction and mechanical stress.

Although obesity rates have surged over the past two decades, Vietnam’s readiness to confront the epidemic remains limited. Vietnam ranks 108th out of 183 countries in obesity treatment preparedness, according to Decision Lab, reflecting limited healthcare capacity, persistent social stigma, and a rapidly rising obesity burden.

Dr Quang Nam also noted that many patients do not recognise that they have a medical condition, often lean on extreme self-directed weight-loss methods, such as completely cutting carbohydrates or exercising incorrectly, instead of seeking proper medical care. They only visit a doctor once serious complications have already developed, making treatment far more complex and costly. At the same time, a portion of healthcare workers still do not view obesity as a disease requiring systematic diagnosis and long-term management.

Vietnam has begun taking early steps toward stronger public-health measures. In June 2025, the National Assembly approved a special 8–10% excise tax on sugar-sweetened beverages, scheduled to take effect in 2027.

At the same time, education and health leaders are calling for expanded school sports and coordinated physical activity programs as part of a broader effort to improve children’s health.

These moves mark Vietnam’s first visible signs of commitment to tackling obesity. Yet they are only early steps. Whether the country can muster enough pressure and political will to truly take control of its public-health future, or slip into the ranks of the world’s “high-obesity” nations, remains a question only time will answer.

Can Vietnam muster enough pressure to prevent obesity in the future? | Source: Dan Tri

Thanh Minh In “The Tale Of Kiều”: Grave Sweeping Festival Explained

Tam My — Sun, 05 Apr 2026 00:00:00 +0000

Thanh Minh is a seasonal period - one of the 24 solar terms in East Asian calendars, instead of a fixed day. The term itself combines “thanh” (clear) and “minh” (bright), describing a time of mild weather, clear skies, and early spring renewal.

Unlike most traditional festivals in Vietnam, Thanh Minh follows the Gregorian calendar and takes place around April 4th or 5th every year and lasts roughly 15 days. In most years, this timing roughly overlaps with the third lunar month, tháng Ba âm lịch. However, in years when Lunar New Year shifts behind, the coming of Thanh Minh feels earlier than expected. In 2026, Thanh Minh begins around April 5.

A festival of tending graves and spring outings

In Vietnam, The Thanh Minh festival, or Grave-Sweeping Day, is a significant Vietnamese spring tradition held for families to visit, clean, and offer incense at ancestral graves to show filial piety.

In a famous epic poem, Truyện Kiều (The Tale of Kieu), Nguyen Du, a celebrated Vietnamese poet from the 17th Century who wrote the ancient writing script of Vietnam, also mentioned Thanh Minh practices in Vietnam.

Thanh minh trong tiết tháng ba,
Lễ là tảo mộ, hội là đạp thanh
- Nguyễn Du

(It’s Qingming day in the third lunar month when the tombs of loved ones are visited and cleaned, and the festival,

“Treading on the Grass”, is a celebration of spring.) - Nguyen Du

An illustration painting in The Tale of Kieu’s spring scene.

Clean the ancestors’ graves (tảo mộ) as a seasonal cycle

In many Western contexts, cemeteries are often associated with quiet mourning or distance from daily life. By contrast, in Vietnamese and broader East Asian traditions, Thanh Minh situates remembrance within a living, seasonal cycle.

Grave-tending takes place at the height of spring, a time traditionally considered the most pleasant period of the year, with clear skies, comfortable temperatures, and landscapes in full renewal. In The Tale of Kiều, Nguyen Du situates Thanh Minh within exactly this setting: open fields, fresh grass, and blossoming trees.

Cỏ non xanh tận chân trời
Cành lê trắng điểm một vài bông hoa

(Young grass stretched a fresh greenness to the far horizon

On the pear branches, sprinkle a few white flowers.)

This is why Thanh Minh, as reflected in literature and historical practice, was never framed as a purely somber occasion. In this worldview, the act of tending graves is less about confronting death as an end, and more about maintaining an ongoing relationship. The presence of the deceased is recognized within a living environment where grass continues to grow, seasons continue to change, and descendants continue to return.

During this time, families typically:

Clean and repair ancestral graves.
Offer incense, food, and flowers.
Gather briefly at the site, sometimes sharing a simple meal.

Unlike pre-Tet (before Lunar New Year) grave visits, which symbolically invite ancestors to return home for the New Year, Thanh Minh focuses more on caring for the physical resting place itself: trimming grass, clearing pathways, and maintaining order.

The act of grave sweeping is not necessary to take place on a specific day, families can arrange the suitable time during the festive time. | Source: Hoàng Sơn via Pexels

Spring outing (du xuân) as a social occasion

Historically, in agrarian communities, daily life was often confined to village boundaries Seasonal occasions like Thanh Minh offered rare opportunities to travel, gather, and socialize. According to cultural scholar Trieu The Viet, this timing is not incidental. Thanh Minh offered a rare moment to contemporarily step outside everyday boundaries: families would travel to ancestral graves, but also use the occasion to meet relatives, reconnect with others, and move through the wider landscape.

This helps explain why in The Tale of Kiều, Nguyễn Du describes a lively atmosphere:

Gần xa nô nức yến anh
Chị em sắm sửa bộ hành chơi xuân

(From all around, crowds gather in cheerful movement,

Everyone prepares themselves for springtime outing.)

The phrase “đạp thanh” (literally “stepping on green grass”) reflects this physical movement into open, natural spaces - something both recreational and socially meaningful in pre-modern society.

Today, urban life and modern mobility have reduced the need for such occasions. Recreational activities are no longer tied to agricultural cycles. As a result, the “hội” (festival) aspect has largely faded, while the ritual of grave-tending remains.

The spring celebration of green grass and fresh atmosphere described in Nguyen Du’s poem. | Source: Hoàng Sơn via Pexels

When AI Becomes The DNA Of Empathy And Protection: Techcom Life’s AI-First Vision

Cao Vy — Mon, 06 Apr 2026 06:28:10 +0000

For a generation constantly moving between work deadlines, side projects, and personal aspirations, time has become the rarest currency. Yet beneath the fast pace of modern life, one constant remains: family.

Recognizing this shift, Techcom Life is approaching insurance from a different starting point. Rather than positioning itself as a traditional protection provider, the company is reimagining the industry through an AI-First philosophy, where artificial intelligence is not simply a tool, but the foundation for how protection, empathy, and personalization are delivered.
In this model, technology becomes the language through which care is expressed.

Techcom Life is pioneering the use of artificial intelligence not only in product design and financial advisory, but also embedding AI deeply across all functions of the organization, from underwriting and claims processing to internal operations. | Source: Techcom Life

Moving Beyond Digital-First To AI-First

For many Vietnamese consumers, digital transformation is no longer new. But Techcom Life’s ambition goes further: moving from Digital-First to AI-First. This distinction matters.

Digital-first organizations digitize existing processes. AI-first organizations rethink the experience from the ground up.
At Techcom Life, artificial intelligence is embedded across the entire organization, from product design and financial advisory to underwriting, claims processing, and internal operations. The goal is not simply efficiency, but a fully redesigned insurance journey where every touchpoint can be personalized.

In an industry often associated with complexity and paperwork, AI becomes the engine that simplifies, clarifies, and humanizes the experience. It also opens the door for entirely new forms of engagement, from AI-generated greetings that capture personal emotions to proactive health insights powered by intelligent scanning technologies.

For Vietnamese families, holidays are a time to share love, but work pressures often turn heartfelt wishes into rushed moments. Techcom Life uses AI to “bring back the hugs that were missed.” | Source: Techcom Life

When Technology Becomes Emotional Infrastructure

In Vietnam, occasions like Lunar New Year or International Women’s Day carry emotional weight. They are moments when families reconnect and appreciation is expressed. Yet in reality, those moments can sometimes be rushed—reduced to a quick message sent between meetings.

Techcom Life’s campaign “A Million Wishes for a Life Fully Lived” explores how AI can bring back the emotional depth of those connections. Using artificial intelligence, users can transform simple family photos into personalized video messages—turning static memories into living moments. Instead of generic greetings, the experience creates a multi-sensory story where visuals and messages come together to reflect three pillars of wellbeing: Health, Financial Security, and Quality of Life.

It’s a subtle but meaningful shift: using technology not to replace human connection, but to amplify it.

The campaign “A Million Wishes for a Life Fully Lived” is a strong example of using AI to transform static family photos into dynamic, personalized video moments. | Source: Techcom Life

Turning Empathy Into Action

Techcom Life’s AI-first vision also extends beyond digital campaigns. Through the event series “The Journey to Living Life Fully Every Day,” the company is bringing AI-powered health technology directly to communities. Hosted at Techcombank branches—where Techcom Life complements the broader financial ecosystem—customers can access quick health screenings powered by AI-driven scanning technology.
Within minutes, participants receive insights into key health indicators and potential early risks.

These insights are then connected with one-on-one consultations from doctors and financial experts, combining medical understanding with personalized protection planning. Powered by Techcombank’s ecosystem and cloud infrastructure, the platform continuously refines customer profiles to deliver solutions that adapt to real-life needs.

In other words, protection becomes dynamic rather than static.

A Nationwide Journey Toward A New Insurance Model

From April 1 to April 26, 2026, Techcom Life is taking this vision on the road.

The nationwide campaign “Living Life Fully Every Day” will begin on the first day of April 2026. | Source: Techcom Life

As part of the nationwide campaign “Living Life Fully Every Day,” a cross-country journey will bring AI-powered health scanning technology to major cities and key Techcombank branches across Vietnam.

More than a roadshow, it represents something larger: a glimpse into what the next generation of insurance could look like.
One that is transparent, fast, and deeply personalized.

For Techcom Life, AI is not simply about automation or efficiency. Its purpose is to empower individuals to take greater control of their health and financial futures—so they can live each day more confidently, supported by protection solutions designed for every individual and every family.

Because ultimately, the role of insurance is not just to prepare for uncertainty. It is to make living fully possible.

Following the success of recent activities, from April 1, 2026 through April and May, Techcom Life will roll out the nationwide campaign “Living Life Fully Every Day.” The campaign will visit various provinces and key branches across the country, highlighting the brand’s presence and its ongoing commitment to supporting better everyday living for communities nationwide.

Learn more about Techcom Life here.

Free Buses For All: Ho Chi Minh City To Boost Public Transport

Anh Trang — Tue, 07 Apr 2026 08:45:39 +0000

On April 1, Ho Chi Minh City Party Secretary Tran Luu Quang announced that the city will offer free bus fares, which aims to lower commuting costs for residents, promote public transit, and gradually reduce environmental pollution.

Following this, the city will task the Department of Construction with developing a suitable plan to implement fare-free bus services. The program will cover 136 bus routes within the newly merged Ho Chi Minh City (including former Binh Duong and Ba Ria-Vung Tau), while inter-provincial lines will be excluded.

Encouraging the use of public transportation

Currently, the city already offers free bus fare for special groups such as seniors, children, and disabled passengers, while others pay subsidized rates of VND3,000–7,000. This new policy will expand free travel to the entire population for the first time.

According to the City Party Secretary Tran Luu Quang, the policy aims to encourage shifting from private vehicles to public transport, in order to curb traffic congestion and pollution – two of the burning issues Ho Chi Minh City has to address.

The City Party Secretary also states that the policy can also be a social welfare measure: It helps low-income residents cut costs while reducing the use of high-emission old motorbikes.

Free-fare policy will immediately benefit people with low income, the city’s current main bus users. | Source: PLO

The announcement sparked strong public support, with many hailing it as a foundational step toward a modern metropolis. Residents described the move as the first step in Ho Chi Minh City’s journey to becoming a civilised, green city where public transit dominates.

While the fare-free policy may pressure the city budget, experts argue that the long-term benefits, such as reduced congestion, social cost savings, and a cleaner environment, far outweigh the costs.

Le Trung Tinh, Chairman of the Ho Chi Minh City’s Passenger Transportation Association, noted that the fare-free policy is consistent with current public transit development goals.

Mr. Tinh also reported that rising fuel prices led to a 35% increase in bus ridership. He suggested that, when funding is available, the policy would catalyse public transport growth.

Rising fuel prices led to a 35% increase in bus ridership. | Source: CafeF

Free, but also need to be accessible

Ho Chi Minh City currently operates 180 bus routes with over 2,400 vehicles, 1,300 of which are electric. With many routes running at under 50% capacity, officials see significant room for growth.

According to data from Ho Chi Minh City’s People's Committee, between 2020 and 2024, the city’s public transit only met 5-6% of total travel demand. Despite the population exceeding 10 million, the bus network remains sparse with low accessibility. Network coverage is also unevenly distributed, with high density in the city centre but significantly lower levels in suburban areas.

While the city has expanded its bus networks in recent years, a report from the World Bank in 2023 revealed that most bus routes still funnelled toward major hubs such as Ben Thanh or Cho Lon. This forces commuters to transfer two or more buses per journey, which significantly doubles or triples travel time compared to private motorbikes.

Bus ride often doubles or triples travel time compared to private motorbikes. | Source: Thanh Nien

Moreover, Ho Chi Minh City’s bus system is dominated by large buses, which are inaccessible for narrow streets and alleys. The shortage of mini-buses and feeder services forces residents to walk excessive distances to reach the nearest stop.

Authorities have acknowledged this reality. The head of the City Party Committee emphasised that to encourage residents to opt for buses instead of motorbikes, the bus system must be attractive, convenient, and punctual. Beyond free fares, the city will need to improve service quality and expand its network. The Department of Construction has been tasked with restructuring the system toward greater efficiency and enhancing the overall passenger experience.

The Department of Construction will submit the policy to the City People’s Council for approval in April. If approved, the fare-free bus program could be implemented as early as May 2026.

The free-fare program could be implemented as early as May 2026. | Source: Tuoi Tre

Why Places Like Thủ Đức And Thủ Thiêm Share The Word “Thủ”

Tam My — Wed, 08 Apr 2026 07:34:34 +0000

Walk through southern Vietnam, a pattern quietly emerges: place names beginning with “Thủ”, such as Thủ Đức, Thủ Thiêm. At first glance, “Thủ” might seem like just another linguistic coincidence. But historically, it points to something far more specific: a system of river-based military and administrative outposts that once structured life across southern Vietnam.

Named after Southern authority system

In historical context, “thủ” was not originally a locality name, but a title tied to administrative and military functions. It could refer to quan trấn thủ - officials responsible for guarding and administering a territory, or thủ ngự - those overseeing river checkpoints and tax stations along key waterways.

The recurrence of “Thủ” across southern Vietnam also reflects a broader pattern of how the region was historically organized.

In older southern Vietnamese vocabulary, as documented by scholars like Huynh Tinh Cua. In Đại Nam quấc âm tự vị (Dictionary of the National Language of Great Annam), “thủ” is defined not as an abstract title, but as a specific type of guarded location:

A post established by villages to monitor waterways
A defensive checkpoint on land or river
A small military or surveillance station embedded in local life

These definitions all point to how space was organized and defended in riverine environments like the South. Unlike the North, where villages were long established through agricultural systems, the South developed later as a frontier zone shaped by migration and river-based expansion. Governance here relied less on fixed institutions and more on strategic points of control: guard posts, river stations, and mobile authority.

Over time, the title itself began to attach to geography.

The Thu Thiem Peninsula aerial view in 1950 vs now. The peninsula, which used to be a desolate swamp land, has now become a bustling urban area, with the aim of becoming one of the modern urban areas of Southeast Asia. | Source: VnExpress

Named after local authorities

Southern naming conventions often reflect a particular social logic: how people remembered authority. For high-ranking figures, those deeply respected or subject to naming taboos (húy kỵ), communities avoided using personal names altogether. Instead, they referred to them through titles or honorifics. This is why places like Cầu Ông Lãnh (Ong Lanh Bridge) or Lăng Ông (The Man’s Tomb - dedicated to a high-ranking mandarin Le Van Duyet) carry indirect named forms.

But with lower-ranking officials, a different pattern appears: title + personal name.

This is where “Thủ” place names emerge. Rather than omitting identity, these names preserve it, combining the official’s role with their given name. Over time, what began as a reference to a person in charge of a post gradually became the name of the place itself.

Thu Duc railway station. | Source: Historic Vietnam

The case of Thủ Đức illustrates how locality names often sit between documented history and oral history interpretation. One widely cited account attributes the name to Ta Duong Minh, a figure involved in early settlement who adopted the name “Thủ Đức” and established a market bearing that name. Another narrative suggests that before his arrival, the area was under the protection of a trấn thủ named Đức - a figure remembered by local communities for safeguarding early migrants moving south from central Vietnam.

According to this version, after the official’s death, the name “Thủ Đức” was retained as a form of collective remembrance. When Ta Duong Minh later formalized the settlement and built a market, he preserved this name as an act of respect.

By 1911, Thu Duc had already become an administrative district under Gia Dinh province, marking its transition from a loosely defined settlement into a formal territorial unit.

Named after locality function

Thủ Thiêm ferry station in the past. | Source: Flickr

Such lines suggest that “Thủ” locations were not obscure outposts, but well-known nodes in everyday movement and places tied to ferries, crossings, and social encounters between soldiers and the ferry girls.

Thủ Thiêm, Thủ Đức, Thủ Đoàn,
Anh phải lòng nàng tại Thủ Chiến Sai.

(Through Thu Thiem, Thu Duc, and Thu Doan,

It was at Thu Chien Sai that I fell in love with her.)

Historical records such as “Đại Nam nhất thống chí” (Dai Nam Comprehensive Encyclopaedia) describe the area as an active riverside settlement as early as the Nguyen dynasty. Located across the Saigon River from Gia Dinh, this was a place where boats gathered, goods circulated, and local residents made a living through ferrying passengers and trading along the water.

This explains why a “thủ” would have been established here. Positioned along a key stretch of the river, the site functioned not only as a transport crossing, but also as a point of control over movement into the urban center.

The Thu Thiem Tunnel, Thu Thiem Bridge 1 and 2 (yellow), are already in operation, while Thu Thiem Bridge 3 and 4 are still under planning (red). | Source: The Saigon Times

By the late 19th and early 20th centuries, what began as small ferry crossings evolved into the well-known Thu Thiem ferry - a route that connected the eastern bank of the Saigon River (today’s Thu Thiem area, now part of Thu Duc City) to central Saigon (present-day District 1 & parts of Binh Thanh) for over a century. Long before Thu Thiem bridges and tunnels, this crossing shaped everyday mobility and appeared as a familiar point in the city’s mental map.

Taken together, these named interpretations point to an idea of how place names in southern Vietnam were shaped - not by a single authority, but by overlapping systems of governance and languages.

Aerial photograph of the banks of the Saigon River - Thu Thiem peninsula and the city center, 50 years ago. | Source: VnExpress

8 Traditional Vietnamese Drinks That Beat The Heat

Tam My — Fri, 10 Apr 2026 02:59:17 +0000

Vietnam’s traditional drinks can’t be bottled into a single category, but differs according to geography, climate, and everyday rhythms. While many of these beverages are now found nationwide, their origins still trace distinct regional ways of living - from herbal infusions in the North to street-side refreshment culture in the South.

Imagine it’s midday and Ho Chi Minh City’s temperatures reaching 35–37°C. The heat settles in layers - on the pavement, on the motorbike seat, on your skin. At a street corner, a metal sugarcane press hums steadily as a vendor feeds in stalks of cane, ice clinks in a glass, and a line quietly forms.

These drinks act as immediate relief from this amid hot weather, even with conditions feeling hotter due to dense urban development.

Northern popular heat-relieving drinks

Nước vối (Lid eugenia tea)

Source: Thuocdantoc

In many Northern households, a kettle of nước vối (lid eugenia tea) sits quietly in the corner, brewed from the leaves or buds of the vối (syzygium nervosum) tree.

The drink has a light amber color, a slightly bitter taste, and a faint herbal aroma. But beyond flavor, it’s valued for what it does: aiding digestion, cooling the body, and gently supporting overall health. Folk knowledge, and now has been backed by research, points to its antibacterial and antioxidant properties.

Unlike modern drinks made for instant refreshment, you can slowly sip nước vối throughout the day, not just when you’re thirsty.

Nhân trần

A glass of nhân trần often costs 5,000 VND (0,19$ USD). | Source: Dân Trí news

Sold at countless roadside stalls in summer, nước nhân trần is one of the North’s most recognizable cooling drinks.

Brewed from dried herbs, it carries a slightly bitter, sweet after-taste. In traditional medicine, it’s known for supporting liver function, aiding digestion, and helping the body release heat, which explains why it’s especially popular among those who have been out in the sun or consuming alcohol.

Hanoians’ familiar iced tea spot usually also sell nhân trần. | Source: Tri thức trẻ

The sweet does not come from nhân trần itself, to increase the sweetness and make it easier to drink, combine with another herb called cam thảo (licorice), corn silk, or add honey/ sugar while the water is still warm.

Nước sấu (Hanoi’s signature pickled dracontomelon drink)

Allowing the mixture to sit for 8 hours (or overnight) ensures the sugar fully dissolves into a syrup and the dracontomelon reabsorbs some of the flavor, which results in a crunchy, sweet-sour, and firm fruit. | Source: VnExpress

A tangy Vietnamese drink, made from soaked dracontomelon fruits with sugar and ginger concoction, which balances sweet and a slight sour taste in a way that feels instantly refreshing. The fruit itself is rich in vitamins and has long been used in both cooking and home remedies.

Sấu can only be collected in the summer. A basketful of the dracotonmelons costs around VND50,000 ($2.16). | Source: VnExpress

More than just a drink, this fruit is tied to seasonality. When sấu trees ripen, jars appear in homes and street stalls across Hanoi, it signals that summer has truly arrived.

Central drinks to cooling down the dry heat

Xu xoa (seaweed jelly)

Enjoying the refreshing xu xoa dessert is a must when visiting Central Vietnam. | Source: Ngoisao.VnExpress

Along the central coast, xu xoa or xoa xoa is a popular, refreshing jelly dessert which has a naturally crispy texture. Xu xoa is made from a type of golden seaweed harvested along rocky shores that is usually available from lunar December to May. It transforms into a soft, jelly-like block after hours of boiling and straining, then cut into pieces and served with palm sugar syrup cooked with ginger and coconut milk. The combination makes it perfect for summer.

The process itself tells a story: of people waiting for the tide to recede, scraping seaweed off rocks under the sun, and bringing it home to cook.

Nước mót (Mot tea)

A cup of drink costs 18,000VND (0,68$ USD). | Source: Trip.com

In Hoi An, a small herbal drink known as nước Mót has become a touristy and cultural icon. Made from a blend of lemongrass, ginger, lotus leaf, and other herbs, it’s designed not just to cool but to balance the body, it offers both refreshment and warmth at the same time.

Unlike older herbal drinks that lean medicinal, nước Mót feels intentionally approachable. The bitterness is softened, the aroma lifted, the flavor tuned for both locals and travelers passing through.

But perhaps its most recognizable detail is visual: a paper cup topped with a pink lotus petal, which represents part of Vietnam's scenery within a drink.

Southern ways to sip through summer temperature

Herbal drink (nước sâm)

Sâm bông cúc - herbal drink with Chrysanthemum, Luo Han Guo, Red Dates, and Goji berry. | Source: @TULEMIENTAY

Nước sâm is a fragrant, slightly sweet herbal drink made from a blend of cooling ingredients like longevity grass, sugarcane, corn silk, chrysanthemum flowers, and roasted licorice root. This traditional cooling herbal tea is loved for its refreshing taste and health benefits.

Inspired by Chinese medicine, it has evolved into a distinctly urban beverage, sold in large jars at street stalls across Ho Chi Minh City. Places like Hữu Duyên in Cholon have been serving it for decades, preserving a taste that many associate with childhood.

Huu Duyen Shop, with its 24 traditional herbal varieties, has been a part of the lives of people in Cho Lon for over half a century. | Source: ZNews

The trend of rediscovering traditional values is now popular. And Huu Duyen herbal drink shop, a place previously only familiar to the elderly or working-class people in this area, has become the hot “check-in” spot for gen-Z. | Source: ZNews

Sugarcane juice (nước mía)

Walk down almost any street in southern Vietnam, and you’ll hear the grinding of sugarcane machines. Nước mía is simple, freshly pressed sugarcane juice, sometimes mixed with kumquat or orange, but its appeal lies in that simplicity. It’s cheap, accessible, and instantly refreshing.

Priced very low, it is accessible to everyone. The drink is almost always served over a generous amount of ice, which, as it melts, slightly dilutes the sweet, grassy, and crisp flavor, making it extremely hydrating.

The sugarcane juice stall on Co Giang Street (District 1) owned by Mr. Ly Tung’s family has been passed down from his grandfather's generation. | Source: Diệp Phan for VnExpress

Can Foreigners Own A Home In Vietnam?

Anh Trang — Sun, 12 Apr 2026 00:00:00 +0000

Since 2014, Vietnam has allowed non-Vietnamese citizens to own properties in Vietnam, marking a major shift from its previously restrictive housing policies. The revised Housing Law in 2023 continues to provide a legal framework that recognises foreign buyers as legitimate participants in the property market.

Still, that door is only partially open. Foreigners can purchase homes only through a limited, regulated form, with specific rules on eligibility, property types, ownership duration, and quotas within each project.

Real estate expert Vo Thanh The said that although it’s not impossible for non-Vietnamese citizens to own a property in Vietnam, understanding the current regulation is essential before making any commitment

Here’s what you need to know about foreign homeownership in Vietnam.

Three groups of non-citizens can buy properties in Vietnam

Under Housing Law 2023, three groups of non-Vietnamese can be eligible for owning a property in Vietnam, including:

Foreign individuals who are permitted to enter Vietnam: This includes foreigners holding a valid passport and either a visa or visa exemption to enter Vietnam. They are eligible to purchase commercial housing, such as condominium units or landed houses within approved residential projects. The key requirement is that they must have a lawful residence status in Vietnam.
Overseas Vietnamese (Viet Kieu): These are Vietnamese citizens or people of Vietnamese origin who have been residing abroad long-term. They enjoy nearly the same housing ownership rights as Vietnamese citizens. To confirm this status, they must present a valid passport along with official documents proving Vietnamese nationality or origin.
Foreign organisation operating in Vietnam: These include foreign-invested enterprises, branches or representative offices of foreign companies, foreign investment funds, and foreign bank branches. These organisations must hold an Investment Certificate or Investment Registration Certificate issued by the Vietnamese authorities. They may own housing for purposes such as office use, staff accommodation, or other business-related needs.

Foreigners can only buy from foreign-related projects

Masteri Thao Dien (in Thao Dien area) is one of the foreign-related projects in Ho Chi Minh City. | Source: Tap chi doanh nhan Sai Gon

Not all commercial housing projects are open to foreign buyers. Under the 2023 Housing Law, foreigners can only buy properties from foreign-related housing projects—those that are approved for sale to foreign buyers, and follow a specific licensing and approval process.

By the end of 2025, there are 88 foreign-related projects in Ho Chi Minh City, including: Masteri Thao Dien (in Thao Dien area), The Panorama, Riverpark Residences, Sky Garden, Scenic Valley (in Phu My Hung area), The Privé (in Binh Trung ward)…

Even within these projects, foreign buyers are subject to strict quotas: they can only purchase no more than 30% of the total apartments in a condominium building, or up to 250 landed units within an administrative area equivalent to a ward.

“Within these projects, foreigners cannot purchase units already owned by Vietnamese buyers. They can only buy from the project developer, within the 30% quota allocated for them, or from other foreign owners” - real estate expert Vo Thanh The noted.

Vo Thanh The also noted that many major developers in Vietnam remain hesitant to build commercial projects eligible for foreign buyers.

For Bcons, a major developer with numerous projects in the former Binh Duong province, 20–30% of their demand comes from foreigners. However, demand alone is not enough to motivate them to pursue a foreign-related project.

A Bcons’s project in Dong Hoa, Ho Chi Minh City. | Source: Nguoi Lao Dong

“Foreign-related projects require far more complex paperwork compared to standard housing projects sold only to Vietnamese buyers,” Vo Thanh The explained.

“Developers typically prioritise a smoother process, from obtaining licenses to issuing land ownership certificates, to ensure their customers face no legal uncertainty. For that reason, many choose to develop non-foreign projects instead.”

Overseas Vietnamese can buy, but cannot build houses

Overseas Vietnamese who no longer have a Vietnamese citizenship are still eligible to buy a house with no limitation on quantity or ownership ratio.

According to the 2024 Land Law, overseas Vietnamese of Vietnamese origin are permitted to own houses with attached residential land use rights in Vietnam. They may also purchase properties in any housing development project, without being restricted to foreign-related projects or subject to the quotas applied to foreigners.

Overseas Vietnamese can buy as many houses as Vietnamese citizens. | Source: CafeF

In order to obtain that, they must hold a valid foreign passport and must also have documents proving their Vietnamese origin in accordance with nationality regulations.

However, according to Lawyer Tran Minh Hung of the Ho Chi Minh City Bar Association, the current law does not allow overseas Vietnamese without Vietnamese citizenship to own vacant land for the purpose of building a house. They may only purchase existing houses or properties within approved housing projects, and cannot buy land to construct a new home as domestic Vietnamese citizens can.

Avoid legal pitfalls before purchasing a property in Vietnam

Real estate expert Vo Thanh The advises foreign buyers to verify the legal eligibility of any property before placing a deposit. Foreigners are not permitted to purchase standalone houses or land plots, nor can they buy property located within “restricted areas” designated for national defence and security, such as border zones.

For housing projects, Vo Thanh The cautions that buyers must confirm whether the project is officially classified as “foreign-related” and check whether the 30% foreign ownership quota has already been filled. Without these conditions, foreigners cannot obtain residential land use rights for the property.

“These details are typically found in the project’s construction license or the developer’s land use rights documents. Buyers should request to review them carefully before proceeding with any purchase,” Vo Thanh The said.

Buyers are advised to check all the legal eligibility before purchasing. | Source: BCG

For overseas Vietnamese, Lawyer Tran Minh Hung warns against the act of letting acquaintances or relatives in Vietnam hold land use titles on their behalf.

“The one whose name appears on the ownership certificate has full legal authority over the property. If disputes arise or personal relationships change, the person who provides the funds to purchase the property may face difficulties protecting their interests”, he wrote on VnExpress

For those who do not meet the eligibility requirements, there are still alternative options to live in or use residential property in Vietnam. These typically include long-term leases, co-ownership arrangements with legally eligible parties, or renting instead of purchasing. However, none of these alternatives grants full ownership rights, and all must comply strictly with Vietnamese law.

A foreigner considering buying a house in Vietnam. | Source: Cafe F

Vietnam Pivots to Domestic Crypto: 5 Giants Set for Pilot Amid Global Ban

Genesia Ventures — Mon, 13 Apr 2026 08:16:02 +0000

Vietnam Plans to Ban Overseas Crypto Trading

Vietnam is preparing to introduce a pilot framework for locally licensed cryptocurrency exchanges, signaling a shift toward tighter oversight of a rapidly growing yet largely unregulated market. As part of this move, authorities are also drafting regulations that may prohibit Vietnamese users from trading on overseas platforms such as Binance, OKX, and Bybit, reflecting efforts to bring crypto activity under domestic control and better manage capital flows.

The policy direction comes amid significant crypto activity in Vietnam, which ranks among the world’s leading markets with transaction volumes exceeding $200 billion, despite cryptocurrencies not being legally recognized as a form of currency. This disconnect has raised concerns among regulators, particularly around capital outflows, as crypto provides an alternative channel that operates beyond the country’s tightly regulated financial system.

In parallel, five major domestic players have emerged as initial qualified applicants for crypto licenses, including affiliates of Techcombank, VPBank, LPBank, VIX Securities, and Sun Group. Their participation highlights growing interest from established financial and corporate institutions in entering the digital asset space, as the government moves to formalize and supervise the market more closely.

Panoramic view of the roundtable discussion “Piloting crypto assets: Oversight mechanisms, operational capacity, and investment standards,” held on the morning of March 25. | Source: VietnamFinance

The development of locally licensed exchanges is expected to play a key role in retaining economic value within Vietnam. By encouraging users to transact on domestic platforms instead of offshore exchanges, regulators aim to capture transaction fees, improve transparency, and strengthen oversight of digital asset flows, contributing to the broader development of the country’s digital financial ecosystem.

Taken together, these measures reflect a strategic shift toward tighter control over a fast-growing sector while promoting domestic alternatives. The effectiveness of this approach will depend on how quickly Vietnam can establish a clear and comprehensive legal framework capable of balancing market growth with regulatory oversight.

Vietnam, US Deepen Tech Ties In AI, Chips

Vietnam and the United States are strengthening technology and investment ties, with a recent forum in Los Angeles bringing together more than 100 stakeholders to expand collaboration in artificial intelligence, semiconductors, and renewable energy. The initiative reflects Vietnam’s broader strategy to position itself within the global high-tech supply chain, particularly by targeting practical segments rather than competing at the frontier of advanced semiconductor manufacturing.

Organized by the National Innovation Centre and the Global Electronics Association, the forum highlights Vietnam’s growing role as an emerging destination for high-tech investment. By convening industry leaders, policymakers, and investors, the event underscores efforts to attract global capital and expertise while reinforcing Vietnam’s position as a viable alternative in increasingly diversified supply chains.

Discussions at the forum focused on how Vietnam can capture opportunities arising from global supply chain realignment. Rather than competing directly in advanced chip fabrication, the country is strategically prioritizing areas such as assembly, testing, and packaging, where it can leverage its existing manufacturing base and cost advantages to secure a realistic and competitive position in the semiconductor value chain.

A Vietnam Post delegation visits and works with NVIDIA as part of an innovation connection program in the United States. | Source: vietnampost.vn

To support this positioning, Vietnam has already begun implementing policy incentives aimed at attracting investment in strategic technology sectors. These include land-use exemptions and subsidies of up to 50% for semiconductor research and development, reflecting a pragmatic approach to strengthening its role in applied innovation and midstream manufacturing activities.

At the same time, the country is actively expanding international partnerships to accelerate capability building. Cooperation agreements were signed with organizations such as EXCEL Services Corporation and Azurich Investment Fund, while Vietnamese delegations engaged with major global players including NVIDIA, Meta, OpenAI, Marvell, and Stanford University. These engagements are intended to deepen knowledge transfer, foster innovation, and integrate Vietnam more closely into global technology ecosystems.

However, the discussions also highlighted several structural challenges that need to be addressed to sustain long-term growth. Vietnam continues to face gaps in skilled labor, core technological capabilities, energy reliability, and the transparency of its investment environment. Addressing these constraints will be critical to ensuring that current momentum translates into durable competitiveness within the global high-tech landscape.

Ho Chi Minh City Launches Upgraded Technology Exchange Platform

Ho Chi Minh City has launched an upgraded Technology Exchange Platform, marking a shift from a traditional information-sharing portal to a fully functional, transaction-driven marketplace. The new platform enables real technology transactions to be recorded, monitored, and evaluated, introducing greater transparency and measurable outcomes while helping authorities better assess market performance.

At the core of this transformation is a redesigned system built on three key pillars, including tradable technology products, a modern digital platform, and an improved operating model that supports end-to-end transactions. By integrating these components, the platform moves beyond simple listings to facilitate the full lifecycle of technology exchange, from discovery to execution and post-transaction tracking.

A significant enhancement lies in the platform’s ability to track and manage transactions in real time. Unlike its previous version, which primarily focused on information dissemination, the upgraded system provides structured data and oversight, allowing for clearer visibility into market activity and enabling a more formalized and accountable technology marketplace.

New products are displayed at the launch of the upgraded Technology Exchange. | Source: Tuoi Tre

The platform also introduces a structured approach to technology classification and ecosystem participation. Technologies are categorized into intellectual property, research results, know-how, and equipment, with active involvement from businesses, universities, and research institutions. This integration is designed to strengthen connections across the innovation ecosystem and support more effective matching between supply and demand.

By facilitating these connections, the initiative aims to address a longstanding gap between research and real-world application. The platform is expected to improve the success rate of technology transfer and commercialization, contributing to a more efficient pathway for bringing research outputs to market.

Early signs of traction have already emerged, with multiple technology transfer and cooperation agreements signed during the launch event. These initial deals highlight strong market interest and suggest that the platform is beginning to function as an active marketplace, directly linking technology providers with potential adopters.

Taken together, the upgraded platform reflects a structural shift in the city’s approach to innovation, moving from simply connecting stakeholders to enabling tangible transactions. By formalizing the technology market with greater transparency and measurable performance, Ho Chi Minh City is positioning itself as a potential hub for technology transfer and commercialization, with long-term impact dependent on sustained engagement from both enterprises and research institutions.

Vietnam-Based Startup Smartsolar Raises $1.3m In Debt Funding

Vietnam-based startup SmartSolar has secured $1.3 million in debt funding to expand access to rooftop solar solutions for SMEs facing rising electricity costs. The funding highlights a broader shift in Vietnam’s energy transition, where the primary challenge is no longer technological capability but access to financing, particularly for businesses that struggle with high upfront investment requirements.

The company positions itself not merely as a solar installer but as a financing platform, enabling SMEs to adopt solar energy without significant capital expenditure. This approach directly addresses one of the most critical barriers to adoption across Southeast Asia, where strong solar potential exists but uptake remains limited, especially among smaller businesses lacking access to affordable financing.

Startup SmartSolar said it has completed a $1.3 million loan from SECO and SKR Reisen. | Source: Bloomberg Businessweek

SmartSolar’s model is already delivering tangible financial benefits to its customers. On average, clients are able to reduce electricity costs by approximately 20%, typically saving between VND 5 million and VND 10 million per month, with some high-usage customers achieving savings of up to VND 100 million. These outcomes reinforce the commercial viability of the model while also supporting measurable impact in energy cost reduction.

The shift from equity to debt financing marks a transition into a more disciplined phase of growth. After initially building its platform with equity capital, the company is now leveraging debt to scale operations more efficiently, reflecting a broader trend among climate and energy startups toward capital-efficient expansion strategies.

This approach has received strong validation from international lenders, including SECO Startup Fund and SKR Reisen, signaling confidence in a model that combines financial sustainability with environmental impact. The participation of such institutions underscores growing interest in impact-driven businesses capable of delivering both returns and measurable climate outcomes in markets like Vietnam.

Looking ahead, SmartSolar plans to deepen its presence in Southern Vietnam while exploring expansion opportunities in regional markets such as Thailand, Cambodia, and the Philippines. If successfully executed, this model could serve as a blueprint for other climate and infrastructure startups in emerging markets, demonstrating how financing innovation can unlock broader adoption of clean energy solutions.

From Influencer to Exit: How Skinetiq Reached a $38 Million Acquisition

Hannah Nguyen has transformed Skinetiq from a content-driven beauty community into a scalable consumer business, culminating in the sale of a 75% stake to Marico in a deal valuing the company at approximately $38 million. The transaction reflects a broader shift in Vietnam’s consumer landscape, where digital-first brands are increasingly attracting interest from established FMCG players seeking to stay relevant with younger consumers.

At the core of Skinetiq’s growth is a tightly integrated content to commerce to brand flywheel. The company leveraged content and product recommendations to build trust with its audience, effectively converting engagement into sales and repeat purchases. This model demonstrates how creator-led distribution can evolve into a structured business system capable of delivering consistent revenue.

Marico Limited, through its subsidiary, has officially acquired a 75% stake in Skinetiq Joint Stock Company. | Source: VCCI News

A key inflection point in Skinetiq’s development was its transition from distributing third-party products to building its own brands. Early investment in its in-house label, Candid, enabled the company to generate the majority of its revenue from owned products, strengthening margins and reducing dependence on external suppliers. This shift reflects a broader playbook in which content-driven businesses move toward product ownership to capture greater long-term value.

Despite operating in a challenging market characterized by widespread counterfeit issues, Skinetiq achieved strong financial performance, reaching approximately $16.5 million in revenue with an EBITDA margin of around 25%. These fundamentals highlight the company’s ability to build a resilient and profitable model, reinforcing the importance of unit economics in scaling consumer brands.

Over time, Skinetiq also reduced its reliance on its founder’s personal brand. Only about 30% of revenue now comes from Nguyen’s own channels, signaling a transition toward a more scalable and transferable business model. This reduced founder dependency was a critical factor in enabling the acquisition, as it increases the company’s sustainability beyond its original creator-led origins.

For Marico, the acquisition provides immediate access to digital-native capabilities, including social commerce and influencer-led growth strategies that are difficult to replicate internally. The deal underscores a growing trend among incumbents to acquire rather than build such capabilities, as traditional FMCG models face increasing pressure to adapt to fast-moving beauty trends and the rise of social-driven consumption.

Phu Quoc Surpasses Bali And Phuket As A South East Asia Travel Hotspot

Anh Trang — Mon, 13 Apr 2026 23:00:00 +0000

Phu Quoc is experiencing a dramatic tourism surge, welcoming nearly one million visitors in early 2026.

In January 2026, Phu Quoc received 983,387 visitors, up 60.7% year-on-year. International arrivals reached 278,347, a jump of 122.9%, generating VND 6.128 trillion in revenue, up 140.9%.

According to the latest STR report under CoStar Group, Phu Quoc’s occupancy reached 90%, surpassing Bali (60%) and Phuket (80%) in the first two months of 2026.

What makes Phu Quoc competitive?

Phu Quoc has long been one of Vietnam’s most recognisable tourist destinations. Hailed by The Independent as the “new hidden gem of Southeast Asia”, the island appears in international rankings: being the top 3 best islands in Asia (Condé Nast Traveller), the world’s second most beautiful island (Travel + Leisure), and one of Asia’s best destinations (DestinAsian).

Beyond its sun-drenched coastline and untouched mountain landscapes, Phu Quoc has become increasingly competitive thanks to its diverse tourism offerings. The island caters to luxury travellers with beachfront resorts and wellness villas, to leisure seekers with theme parks, wildlife attractions, and a casino.

Phu Quoc has been seen as “the hidden gem of Southeast Asia”. | Source: VnExpress

For nature seekers, Phu Quoc offers UNESCO-recognised primary forests, Rach Vem fishing village (known as the “kingdom of starfish”), trekking routes, coral-reef diving, and fresh seafood culture. Phu Quoc is also rising as a MICE destination, set to host APEC 2027.

One key driver of Phu Quoc’s new momentum is the rise of iconic tourism products, particularly in the island’s south. For the first time in Vietnam, a beach destination now offers two nightly mega-shows featuring fireworks, turning the sea and sky into an immersive stage.

Meanwhile, the once-quiet nightlife scene has been transformed by Sunset Town, where travellers move seamlessly from watching the sunset on its landmark bridge to vibrant night streets and a fireworks finale. This shift has played a major role in boosting occupancy rates, especially in the southern resort belt.

Fireworks in Sunset Town, Phu Quoc. | Source: Thanh Nien

The STR/CoStar report also highlights a notable trend: Vietnam’s resort destinations, including Phu Quoc, are shifting the competitive balance in the region. Unlike Bali or Phuket, Phu Quoc is not only competing on scenery but also on operational efficiency, product innovation, and smart supply management.

While Bali faces experience saturation and Phuket grapples with heavy supply pressure, Phu Quoc is hitting a “sweet spot” – where new supply remains controlled, but tourism products are continuously refreshed, creating strong appeal for both international and domestic travellers.

The boom of international travellers

Vietnam has officially granted visa-free entry to all foreign nationals travelling to Phu Quoc, allowing stays of up to 30 days in this island

This policy helped trigger a sharp rebound in international tourism to Phu Quoc, especially after the end of COVID-19. In 2024, the island welcomed 962,000 foreign visitors, a 43% increase compared to 2019, before the pandemic. Just one year later, in 2025, international arrivals nearly doubled, soaring to 1.9 million, up 93.6% from 2025.

International visitors in Phu Quoc. | Source: Dan Tri

Bui Quoc Thai, Director of the An Giang Department of Tourism, said the island now receives more than 50 flights a day, with about half of international arrivals coming from South Korea and India. China, Russia, and Eastern European countries also remain major and regular source markets for Phu Quoc.

Tran Thi Bao Thu, a representative of a travel agency specialising in the South Korean market, said many South Korean travellers choose the island for its beaches and its wide range of attractions, dining options, and entertainment complexes, all at prices lower than many other well-known Southeast Asian islands.

Phu Quoc has also become a standout destination for Indian travellers. In 2025, the island welcomed 150,000 Indian visitors out of its 1.8 million international arrivals – a surge of about 328% compared with 35,000 the previous year.

In December 2025, a high-profile Indian billionaire's wedding with more than 1,131 guests in northern Phu Quoc drove searches for the island up by 186%, according to Agoda data for the travel period of December 2025 to January 2026.

India is an emerging key source market for Phu Quoc. | Source: Tuoi Tre

Explaining this trend, Dr. Duong Duc Minh, Deputy Director of the Institute for Economic and Tourism Development, said the wave of Indian travellers this year reflects Vietnam’s growing presence in India’s outbound tourism landscape. He noted that Indian travellers are highly sensitive to the balance between cost and experience, and their growing preference for Phu Quoc suggests the island is beginning to be perceived as a high-value destination.

Environmental challenges threaten development

Despite its tourism boom and significant growth potential, Phu Quoc still faces major challenges. Travel + Leisure – which ranked the island the second most beautiful in the world – has also been candid about its shortcomings, noting that environmental preservation remains Phu Quoc’s most urgent issue.

“In recent years, reports have surfaced of coral bleaching in the south, overfishing in key marine zones, and unchecked construction encroaching on forested land. Waste management and freshwater supply have become pressing concerns, with infrastructure racing to keep pace with demand,” the magazine observed.

Waste management has been an emerging issue for Phu Quoc. | Source: VnExpress

Bui Quoc Thai, Director of the An Giang Department of Tourism, added that Phu Quoc continues to grapple with infrastructure and environmental pressures. The island currently meets only 13% of the global sustainable tourism standard— far below Da Nang’s 30%.

Phu Quoc has been selected to host APEC 2027, a milestone that could bring an unprecedented influx of visitors, potentially far exceeding today’s surge. This presents both an opportunity and a challenge.

If the island continues to lag in waste management and environmental protection while development accelerates, it risks losing the very natural beauty that keeps travellers coming back. It also risks losing the premium edge that APEC 2027 could bring, given the event’s concentration of high-value delegates.

In response to that, in 2024, the Kien Giang province (An Giang now), has built a proposal, which focuses on addressing infrastructure gaps, environmental pollution, and service quality. The plan proposes transitioning 100% of transportation to electric vehicles and treating 50% of waste using renewable energy.

The plan, set to be implemented from 2025 to 2045, aims to host APEC 2027, meet 30% of global sustainable tourism standards, and achieve Net Zero by 2030. It is currently being finalised before the provincial government submits it to the Prime Minister for approval.

But the window is narrow, with APEC 2027 approaching and tourist numbers climbing at a record pace. Whether Phu Quoc can balance growth with environmental protection will determine if it remains Southeast Asia’s rising star, or becomes another cautionary tale of overdevelopment in the region.

Can Phu Quoc manage its environmental challenges while being a holiday hotspot? | Source: Lao Dong

Takeda Vietnam’s Impactful Journey In Dengue Prevention

Cao Vy — Tue, 14 Apr 2026 02:00:00 +0000

As Dengue fever continues to pose a major public health challenge in Vietnam, the need for proactive prevention is increasingly emphasized to reduce the disease burden. In this context, health communication plays a critical role in helping the public gain accurate understanding and adopt appropriate preventive practices.

In alignment with the healthcare sector, Takeda Vietnam has implemented a range of innovative communication initiatives on Dengue, using diverse approaches to enhance public awareness of the disease and its risks.

From a communication campaign to international recognition

One of Takeda Vietnam’s standout initiatives is the DeRIGHT-V campaign, designed to ‘demystify’ common misconceptions about Dengue through creative content and communication formats.

The campaign’s effectiveness has been recognized through international and domestic awards. In 2026, it received the “Marketing & Communications Initiative of the Year” award at the Healthcare Asia Pharma Awards - a prestigious annual healthcare award organized by Healthcare Asia to honor companies with innovative initiatives and meaningful contributions to healthcare systems across Asia. Previously, the campaign also won “TVC of the Year” at the Van Xuan Awards 2025.

The name “DeRIGHT-V” reflects Takeda’s goals in its efforts to support Vietnam in responding to Dengue: ‘De’ represents the first two letters of Dengue and also ‘Demystify’ - addressing persistent misconceptions about the disease; “RIGHT” represents the goal of bringing correct and more science-based awareness in disease prevention. “V” (Victory) stands for Vietnam and the aspiration for a victory over the disease.

Within its first two years (2024–2025), the campaign worked to dispel common misconceptions through a series of short videos, turned the familiar buzz of mosquitoes into the trending “Mosquito Beat Drop,” and introduced an interactive storytelling station on dengue complications at the Saigon Zoo and Botanical Gardens in Ho Chi Minh City. These initiatives have been continuously refreshed, helping to foster more proactive health behaviors within the community.

As a result, the campaign achieved over 733 million impressions and 78 million views, alongside an 11-fold increase in search volume related to Dengue and Dengue vaccination compared to the previous two years.

An interactive storytelling station at the Saigon Zoo and Botanical Gardens highlighting the complications of Dengue.

Beyond DeRIGHT-V, Takeda continues to enhance public awareness of Dengue through other creative communication initiatives.

To expand its impact, Takeda collaborates with local Centers for Disease Control and media agencies to provide official epidemiological information, helping communities accurately understand the severity of Dengue.

Roundtable discussions with experts help the public stay updated on the disease situation.

Mr. Benjamin Ping, General Manager of Takeda Vietnam, shared: “Although Dengue awareness is high, our research suggests that the public may not fully understand the risk and severity associated with Dengue.”

“Vietnam records over 100,000 Dengue cases every year. Dengue occurs year-round, across the country from south to north, and affects all age groups - children, adults and the elderly. Dengue can result in hospitalization, often requiring parents to take time off work while children miss extended periods of school. Therefore, clear and effective health communication is essential to help people understand the disease and proactively adopt preventive measures to protect themselves and their families, thereby reducing its broader socio-economic impact.” - Mr. Benjamin Ping said.

The reality of severe Dengue cases requiring hospital treatment during the 2026 Lunar New Year was also documented in a photo reportage by the Vietnam Government Portal (VGP), in collaboration with Takeda Vietnam.

Strengthening scientific foundations of Dengue fever prevention

Over the past 2 years, Takeda Vietnam has collaborated with medical associations, central hospitals, and training institutions to conduct more than 1,000 educational and knowledge-updating activities, reaching over 7,000 healthcare professionals nationwide. A highlight was the Vietnam Dengue Summit 2025, which brought together more than 700 local and international experts.

Vietnam Dengue Summit 2025 brought together more than 700 local and international experts.

Based on scientific foundation, Takeda Vietnam also advances research and development of preventive solutions. Notably, Takeda’s Dengue vaccine has been recommended by the World Health Organization (WHO) for use in countries with a high disease burden and is currently approved in more than 40 countries, with over 21 million doses distributed globally.

These efforts reflect Takeda Vietnam’s comprehensive approach to Dengue prevention, contributing to a more proactive community in addressing health risks.

*This content is provided by Takeda Vietnam. This information is available to the general public for informational purposes only. It is not intended to substitute for consultation with a relevant expert or health care provider.

C-ANPROM/VN/NON/0143 Apr 2026

Chôl Chnăm Thmây Festival: A Khmer Cultural Imprint In Vietnam

Tam My — Wed, 15 Apr 2026 02:52:40 +0000

If Thailand splashes into Songkran and Laos welcomes Pi Mai with water and prayer, Vietnam also has its own April New Year, deeply rooted in the rhythms of the Mekong Delta.

From April 14–16, Khmer communities across southern Vietnam celebrate Chôl Chnăm Thmây - a three-day festival which has been passed down through many Khmer generations across ASEAN.

Khmer ethnic group in Vietnam holds over 30% of a Mekong Delta province’s population

Many studies have affirmed that the Khmer people in Vietnam are descendants of immigrants from the Chenla Kingdom, a Khmer civilisation considered to be the predecessor of the Khmer empire at Angkor. They migrated to this area in waves for a variety of reasons. Along with the Vietnamese and the Chinese, the Khmer were among the earliest populations in the Mekong Delta.

Today, Khmer communities are concentrated across Mekong Delta provinces, making up over 30% of the population in Soc Trang, Tra Vinh, Bac Lieu provinces. Khmer culture is deeply rooted in Theravada Buddhism (Phật giáo Nam tông), with over 400 vibrant pagodas acting as focal points for their community life.

The heart of Khmer culture in the Mekong Delta

To understand Chôl Chnăm Thmây, you have to go to south Vietnam where cultural overlaps create exclusive festivals throughout the year. Chôl Chnăm Thmây, celebrated in mid-April, is the Khmer community’s largest annual festival in Vietnam’s Mekong Delta, blending Buddhism with traditional celebrations.

Khmer communities presence in the Mekong Delta traces back centuries, linked to the legacy of Chenla Kingdom, a precursor to the Angkor Empire, today part of ASEAN countries. Long before modern borders were drawn, Khmer communities had already settled, farmed, and built spiritual life along these waterways.

Unlike the lunar-based Tet Nguyen Dan, Chôl Chnăm Thmây follows the solar cycle, marking the end of the dry season and the beginning of a new agricultural year. Its timing reflects deeper historical layers, shaped by ancient Indian cosmology and preserved through Theravada Buddhism, the dominant spiritual system of Khmer communities.

Ngo boat racing - a significant activity in every Khmer festival. | Source: VietNamNet

New Year begins at temples and living community spaces

During the festival, these temples transform into gathering grounds where communities return, reconnect, and reset. The celebration unfolds over three days, each carrying distinct meanings:

Day 1 - Moha Sangkran: Families clean and decorate their homes with flowers and incense to welcome the "New Angel" or deity sent to protect the world for the year. People dress in their finest clothes and bring offerings to local pagodas for a procession ceremony.
Day 2 - Wanabot: A day of charity and giving. People offer food to monks at the temple and donate to the poor. A key ritual is banking up sand hillocks (sand stupas) at temples, which is believed to wash away sins and bring prosperity.
Day 3 - Lom Sak: The final day focuses on purification. The Buddha Bathing ceremony (Pithi Srang Preah) involves using scented water to wash Buddha statues. Families also wash the hands and feet of their elders as a sign of respect and to ask for forgiveness.

Bathing Buddha is an important ritual during the traditional Khmer New Year. | Source: Phật Sư online

But the festivals are also celebrated beyond the temple grounds. Across villages, the festival spills into daily life: communal meals, traditional games, music, and dance bring entire communities into motion. It is during these moments that Khmer cultural identity becomes most visible and lived.

Preparations begin days in advance. Families gather, cook traditional dishes like bánh tét, and prepare offerings. For many, this is also a time of reunion, a chance for children and grandchildren to return home after a year of work, reinforcing family ties and cultural memory.

Making bánh tét as part of the festival’s tradition of Khmer families. | Source: VietNamNet

Tradition is keeping alive with modern support

In recent years, local initiatives have helped sustain and amplify these practices. Community events are organized to engage younger generations and reinforce cultural continuity. One example is the Khmer Farmers' Football Tournament, a long-running event that blends modern activity with traditional gathering, turning the festival into both celebration and social glue. With support from the government and authorities, the tournament is organized by the Vietnam Television Center (VTV10, VTV5), making it the largest Khmer farmers' football tournament ever held in the Mekong Delta region.

Journalist Vo Ngoc Van Quan, head of the organizing committee, shared with Tuổi Trẻ news that “Through this tournament, we hope to contribute to spreading the message that sports are not just about competition, but also about the foundation of health, quality of life, and sustainable community development.”

Source: Minh Trung for VTV Times

Another example is in An Giang province, local authorities have introduced community-based activities that reframe tradition as something to be practiced, not just observed. In April 2026, the provincial Women’s Union, Department of Ethnic Minorities and Religions, and Labor Union coordinated a competition featuring traditional Khmer cake-making and fruit tray decoration, both essential elements of the New Year’s offering rituals.

A team in the bánh tét wrapping competition. | Source: An Giang Online

Within Khmer communities, Khmer New Year carries the same weight that Tet does elsewhere: a moment of renewal, reunion, and a reminder that Vietnam’s cultural identity is layered by many communities whose stories continue to unfold.