Windey takes a long-term view and recognises battery energy storage as a key enabler of Vietnam’s energy transition. As renewable capacity grows, the system’s need for flexibility, through peak shaving, frequency regulation, and capacity support, will increase, creating strong market potential for storage.

While regulatory frameworks and revenue mechanisms for storage are still evolving, experience from Vietnam’s solar and wind sectors suggests that policies, including capacity payments, spot market participation, and ancillary services, are likely to become clearer over the next 3-5 years, supporting commercial viability.

Leveraging its local experience, Windey is confident in Vietnam’s market prospects and is committed to collaborating with local partners to advance energy storage deployment and mature business models for long-term, mutually beneficial growth.

Lu Jian, deputy general manager at Windey Innovolts

As more international players enter Vietnam’s energy storage sector, what differentiates Windey’s solutions in terms of cost competitiveness, technology maturity, and project execution capability?

Amid growing international participation in Vietnam’s energy storage market, Windey leverages its deep technical expertise and system integration capabilities to deliver clear advantages in these areas.

With over 50 years in wind power and extensive experience in grid planning, connection, and protection, Windey designs storage systems that ensure both grid compatibility and long-term operational reliability.

The company takes an application-driven approach, aligning solutions with renewable integration, storage, and microgrid scenarios to optimise performance and lifecycle costs.

Supported by a strong local team, Windey provides end-to-end services from design to operation and maintenance, enhancing efficiency and ensuring professional, responsive support. By combining technology, scenario-based design, and integrated services, Windey is well-positioned to deliver competitive energy storage solutions for Vietnam’s energy transition.

In the absence of a clear revenue mechanism for standalone battery energy storage systems in Vietnam, what bankable business model does Windey consider viable today?

In Vietnam, where auxiliary service pricing and capacity payment mechanisms are not yet fully established, standalone storage projects face challenges in achieving bankable returns solely through price arbitrage in the short term.

Windey sees standalone storage as only one segment of the broader market. In the near term, more viable models focus on applications with clear revenue streams, such as commercial and industrial storage, renewable integration, and microgrids, leveraging multiple value streams to create relatively stable cash flows.

Over the medium to long term, as market mechanisms mature, the business case for standalone storage is expected to become clearer, improving returns.

Vietnam has experienced significant renewable curtailment due to grid congestion. To what extent can battery storage realistically solve this if transmission expansion lags behind generational growth?

Curtailment of wind and solar power is a common, temporary challenge in rapidly growing renewable markets, arising from the mismatch between generation and grid transmission capacity. Technically, this can be addressed through multiple approaches, including grid expansion, optimised dispatch, and deployment of flexible resources.

Drawing on Windey’s 50+ years of experience and global best practices, battery energy storage is currently one of the most practical and effective solutions. By smoothing renewable output, performing peak shaving, and enabling local consumption, storage can help mitigate curtailment caused by grid congestion.

What policy milestones or regulatory clarity would Windey need to see within the next 12–24 months to scale up its storage portfolio in Vietnam, and what does your own technical roadmap look like?

While clear planning and regulatory frameworks are undoubtedly important for the energy transition, we also believe that commercial drivers will offer investors a broader perspective. Windey remains committed to maintaining an open approach, both in terms of technology and cooperation models, and we look forward to continuing active discussions with investors.

Windey applies stringent standards across product design, supply chain management, and after-sales services. Safety is our foremost priority in energy storage systems. Building on that foundation, we collaborate with top-tier industry partners and leverage our proprietary cloud platform and the Internet of Things technologies to make power supply more transparent and better aligned with our customers’ operational needs.

How does Windey design storage solutions to balance reliability, cost efficiency, and scalability; and what role does battery storage play in ensuring stable power input for electrolysis systems?

Microgrid system design is a rigorous discipline. We take into account multiple factors, load characteristics, local natural resources, construction conditions, tariff mechanisms, and customer usage patterns, and conduct extensive system simulations and iterations.

On the basis of ensuring power security and system stability, we aim to achieve the optimal technical configuration for a lifespan of 20 to 25 years. Energy storage, while important, is just one component within our broader system design approach.

Electrochemical storage and hydrogen share the same fundamental nature, they are both different forms of energy, each with its own strengths, weaknesses, and application scenarios. From a technical perspective, the study of power consumption characteristics (load profiles) is a key focus.

Our energy storage systems serve as an integral part of the microgrid framework, providing stable power input to support Windey’s green hydrogen, ammonia, and methanol business. In China, we already have a green methanol project under construction, with an annual capacity of 120,000 tonnes, scheduled to begin production by the end of 2027.

On April 7, Vu Dai Thang, Deputy Secretary of Hanoi Party Committee and Chairman of Hanoi People’s Committee, received Arthur King, chairman of CT&D from Taiwan, for discussions on areas of mutual interest.

King shared CT&D’s interest in exploring potential cooperation opportunities with Hanoi, including urban development and redevelopment projects aimed at improving residents’ quality of life.

As an investor with extensive experience in Vietnam, with notable projects such as Tan Thuan Export Processing Zone and Phu My Hung New Urban Area in the south, CT&D expressed its intention to expand investment activities in Hanoi. This includes a proposal to participate in the redevelopment of the Thanh Xuan Bac apartment complex.

Arthur King expressed his hope to receive support and facilitation from Hanoi’s authorities for the project, as well as assistance in information sharing and connectivity to unlock further cooperation opportunities.

Chairman Thang acknowledged and highly appreciated CT&D’s long-term investment commitment to Vietnam through a number of large-scale projects that have contributed significantly to the country’s socioeconomic development. He said that CT&D’s presence and intention to expand investment in Hanoi reflect the capital’s strong appeal to foreign investors.

"CT&D’s proposal aligns with Hanoi’s long-term strategic planning vision, which emphasises urban renewal towards a more modern, civilised city, thereby improving living standards," Thang said.

Policy frameworks such as the forthcoming revised Capital Law are expected to provide a favourable foundation for investors and international partners to engage more actively in Hanoi’s development process.

Thang reaffirmed that Hanoi is committed to creating new advantages for Taiwanese enterprises to invest in the capital. Relevant municipal agencies will work closely with CT&D to accelerate procedures and translate cooperation ideas into concrete projects following the meeting.

He also expressed confidence that, with CT&D’s experience and capabilities, along with strong commitment and coordinated efforts from both sides, the group’s proposed projects and investment initiatives in Hanoi will soon be effectively implemented.

Cooler Master eyes $3 billion investment in Vietnam Cooling module manufacturer Cooler Master plans to increase its investment capital in Vietnam to $3 billion as part of goals to strengthen its global supply chain.

Fastener Taiwan 2026 focuses on sustainable manufacturing The Kaohsiung industrial components trade show emphasized environmental production methods and global procurement strategies.

Hanoi plans financial centres in Hoan Kiem and Nhat Tan Hanoi is planning to develop financial centres in Hoan Kiem and the Nhat Tan as part of its long-term urban development strategy.

The results indicate that the system operates in a stable and safe manner with a capacity of 288 tonnes per hour compared with the initial design capacity of 171 tonnes per hour, equalling 9.5 million standard cubic metres per day.

The entire system has been inspected and evaluated according to domestic and international standards.

Operating the LNG storage facility above its design capacity requires a high level of technical expertise and operational experience. Throughout the trial run, PV GAS' engineers and staff maintained 24/7 monitoring, closely controlling key parameters such as temperature, pressure, vibration, and equipment displacement to ensure safe operations.

The upgrade significantly boosts regasification capacity, enabling the Thi Vai LNG terminal to meet demand from power plants managed by the National Power System and Market Operator, particularly during the peak dry season.

The capacity upgrade of the terminal takes places amidst potential risks in the global energy supply chain. The facility continues to play a critical role in the gas supply chain, contributing to a stable fuel source for electricity generation in the Southeast region.

With increasingly developed infrastructure, proven operational capability, and strong adaptability, PV GAS continues to play a pivotal role in Vietnam’s gas industry, helping ensure national energy security and meet the country’s growing energy demand.

Since its inauguration in 2023, Thi Vai LNG Terminal has remained the largest LNG terminal in Vietnam, with a current capacity of one million tonnes per year. The terminal is capable of handling vessels with deadweight tonnage of up to 100,000.

Nghe An establishes task force to help implement LNG thermal power plant Nghe An People’s Committee has created a task force to direct and supervise the $2.3 billion Quynh Lap Liquefied Natural Gas thermal power project.

Novatek eyes expanded LNG cooperation in Vietnam As Vietnam races to secure its energy future and meet the demands of its surging economy, a new partnership with a Russian energy giant is taking shape, signalling a deepening of the nations' long-standing ties.

EVN and PV GAS agree to supply LNG for Quang Trach power plants Vietnam Electricity (EVN) and Petrovietnam Gas (PV GAS) signed a framework agreement on the supply of liquefied natural gas (LNG) from the Vung Ang LNG terminal in Ha Tinh to the Quang Trach II and III power plants on April 3 in Hanoi.

The performance includes focusing on continuing to issue legal documents, reviewing administrative procedures, using electronic data in document component; and updating lists of technical expertise in various fields.

Deputy Minister of Health Nguyen Tri Thuc chaired the meeting. Photo: MoH

The meeting focused on discussions about the national prescription system, EMR, and electronic health books. Standardising the storage, management, and sharing of prescription information nationwide is a major step forward in building a modern healthcare system, contributing to the improvement of EMRs and enhancing general healthcare.

Deputy Minister of Health Nguyen Tri Thuc said that for the country to meet its goals, the needs for digital transformation and administrative procedure reform in the health sector were becoming increasingly urgent, especially in terms of institutions, data, and infrastructure.

The deputy minister requested that units continue to coordinate with the National Centre for Health Information to complete the remaining shortcomings and areas needing supplementation, progress implementing EMRs and electronic health books, and to more decisively restructure the group of medical databases and accelerate the progress of establishing the technical framework for 14 medical databases this year.

He also asked for stronger coordination with the Government Office and relevant ministries and agencies to clean and ensure the availability of data provided to the National Public Service Portal, contributing to breakthroughs in science, technology, innovation, and national digital transformation.

The Ministry of Health is planning to reduce many investment and business conditions in medical examination and treatment. It is expected that 101 out of 525 business investment conditions in medical treatment will be reduced and or streamlined.

The ministry is finalising a draft decree amending Decree No.96/2023/ND-CP and reviewing plans to reduce administrative procedures in medical treatment, contributing to improving the quality of healthcare human resources, strengthening professional competency and aiming to ensure quality in medical treatment activities across the board.

Pharma law upgrades will improve effectiveness The ratification of the law amending and supplementing several articles of the Law on Pharmacy 2016 at the end of November is significant and positive news for the healthcare sector. It is expected to address key shortcomings of the current law while incorporating best practices successfully implemented in other countries.

Healthcare sector fast-tracks new hospital projects Vietnam is fast-tracking new hospital projects to meet rising demand and ease overloading on central medical facilities.

Expansions in healthcare more likely Vietnam’s healthcare sector closed 2025 with robust merger and acquisition (M&A) momentum. Major transactions from institutional investors demonstrated the market’s depth, while established platforms backed by private equity (PE) pursued strategic add-ons and infrastructure expansion. The year demonstrated that Vietnam’s healthcare M&A market operates on multiple growth vectors simultaneously.

PM outlines new tasks for healthcare sector Prime Minister Pham Minh Chinh has called on the healthcare sector to prioritise six key tasks aimed at improving the physical and mental health, longevity, and quality of life of Vietnamese people in the new era of national development.

Of this, life insurance generated $1.32 billion, down 2.5 per cent, while non-life insurance reached $0.96 billion, surging 10.2 per cent.

These figures highlight a clear divergence between the market’s two core pillars. While the non-life segment has maintained positive growth momentum, supported by rising demand for asset protection, healthcare, and short-term risk coverage, life insurance has yet to emerge from the prolonged downturn that began in 2025.

Speaking to VIR about shifting consumer sentiment, BIDV MetLife CEO Elena Butarova noted that inflation is not only a cost issue but also a factor that was significantly reshaping consumer behaviour.

“As living costs rise and household budgets tighten, consumers tend to shift from needs-based spending to prioritising essential values. In that context, insurance is not eliminated from spending plans, but customers become more selective, demanding transparency, efficiency, and optimised protection value. This creates pressure for life insurers to restructure both their products and market approach,” she said.

To adapt, insurers are rapidly transitioning towards flexible, personalised product design models. Instead of rigid insurance packages, customers are increasingly empowered to adjust product structures according to their financial circumstances at different life stages. At the same time, companies are placing greater emphasis on the long-term value of insurance.

According to industry experts, the impact of current geopolitical and economic conditions is not merely cyclical but is reshaping how the life insurance sector operates and grows.

Interest rate pressures, inflation, and financial market volatility are forcing insurers to shift from scale-driven expansion to quality-focused strategies, prioritising risk control, capital optimisation, and sustainable product development.

One clear example is the rollout of next-generation product ecosystems that integrate protection, savings, and healthcare benefits, aligned with the practical needs of Vietnamese consumers.

Alongside product innovation, pricing strategies are also being adjusted towards a more long-term and sustainable direction

According to Butarova, the challenge of inflation can only be addressed through disciplined investment thinking and prudent financial management.

In addition, to ease cash flow pressure on customers, insurers have diversified premium payment options. Allowing quarterly payments instead of annual schedules enables policyholders to better balance their finances while maintaining long-term coverage.

Another notable trend, according to Butarova, is the shift from a ‘pay-out upon risk occurrence’ model to one focused on ‘accompaniment and value creation’. Under this approach, insurance is no longer a passive product but becomes part of a broader health and lifestyle ecosystem.

Companies such as BIDV MetLife are integrating additional services including health consultations, testing, at-home vaccinations, and programmes aimed at raising awareness of self-care.

The goal is to deliver tangible value in the present, rather than focusing solely on future benefits. This approach not only strengthens customer engagement but also helps reshape perceptions of insurance – from a purely financial instrument into a life companion.

Given current developments, the insurance market in 2026 is expected to remain polarised. The non-life segment is likely to sustain growth on the back of demand for asset and health protection, while life insurance may require more time to recover.

However, inflationary pressure and shifting consumer behaviour could also act as catalysts for industry restructuring. Companies that adapt quickly, enhance product value, and maintain financial discipline are likely to gain a competitive edge in the period ahead.

Vietnam, MS&AD Group deepen insurance ties for market growth The Ministry of Finance is strengthening its partnership with Japan’s MS&AD Insurance Group to promote risk-based management and sustainable growth in the insurance sector, aiming to unlock the market’s untapped potential.

Non-life insurance market in sees bright spots in H1 despite rising challenges Vietnam's non-life insurance sector continues to expand, posting double-digit growth in the first half of 2025, fuelled by new products, digital initiatives, and robust underwriting performance.

Insurance market building the next chapter of protection After a prolonged period of adjustment and restructuring, Vietnam’s insurance market is turning a corner. As the industry enters a new development cycle, 2026 is shaping up to be more than a growth milestone; it marks a defining moment for insurers to rethink their role, shifting from product-led providers to long-term partners that help build resilience for businesses, individuals, and the wider Vietnamese economy.

The move aims to support the continued expansion of its offshore energy operations, and progressively replace ageing aircraft in its fleet.

This latest order reinforces a trusted partnership between VNH and Airbus Helicopters that has spanned more than 40 years, and reflects the Vietnamese operator’s long-term strategy to modernise and strengthen its heavy helicopter capabilities.

“The H225 has proven itself time and again across our offshore missions, delivering the reliability, performance, and safety we expect. As we look ahead, we see the H225 forming the backbone of our future fleet, allowing us to modernise our operations while expanding capacity and mission flexibility,” said Kieu Dang Hung, CEO of Vietnam Helicopter Corporation.

Matthieu Louvot, CEO of Airbus Helicopters, was eager to highlight the benefits of the partnership.

“We are honoured to continue supporting VNH and its subsidiaries as they strengthen and revitalise their fleet. Their decision to centre future operations around the H225 underscores the aircraft’s exceptional reliability and performance in demanding offshore environments,” said Louvot.

“Our enduring partnership with VNH is built on trust and shared commitment to mission success, and we look forward to supporting their growth for many decades to come. "

The new H225s will join VNH’s existing Airbus fleet consisting of Super Puma and H155 helicopters, for deployment across offshore energy transport, utility missions, search and rescue, and broader transport operations.

As the latest addition to the Super Puma family, the H225 is recognised for its high performance in challenging conditions, as well as its outstanding range and payload capacity. The aircraft’s state-of-the-art avionics and autopilot systems provide increased safety while reducing pilot workload.

Airbus to deepen defence partnership with Vietnam Airbus is committed to supporting Vietnam's defence modernisation goals by 2030 with a range of advanced solutions designed to strengthen the country's capabilities and contribute to regional stability.

Vietjet orders 100 Airbus A321neo aircraft Vietjet has made a significant order for 100 Airbus A321neo aircraft, marking a new milestone in UK-Vietnam ties.

Vietnam Airlines Seeks to Lease 12 Widebody Jets for 2028 Delivery Vietnam Airlines JSC is inviting proposals to dry lease 12 widebody aircraft, including Airbus A350 and Boeing 787 models, to support its 2028–2030 operation plan and fleet expansion.

FTSE Russell also published a provisional list of Vietnamese equities meeting the screening criteria for inclusion in the FTSE Global All Cap Index, based on data as of the close on December 31, 2025. The list is expected to feature a range of blue chips, including Hoa Phat Group, Vietcombank, BIDV, Vingroup, Vinhomes, Masan Group, FPT, Vinamilk, and SSI Securities.

Vietnamese equities meeting the screening criteria for inclusion in the FTSE Global All Cap Index. Source: FTSE Russell

However, FTSE Russell emphasised that the final list of eligible Vietnamese securities for index inclusion will be announced on August 21. The report also outlined Vietnam’s projected weightings across relevant indices post-upgrade.

Pham Luu Hung, chief economist and head of SSI Research, noted that the actual upgrade implementation will be conducted in four tranches rather than evenly distributed as initially expected, with uneven intervals between phases.

Specifically, the first tranche is scheduled for September, followed by a second in March 2027 with an estimated weighting of around 20 per cent. The remaining allocation will be deployed in two subsequent tranches, each accounting for roughly 35 per cent.

“Notably, capital inflows in the first tranche this September are expected to be relatively modest, at just over $150 million, implying limited short-term impact on actual market liquidity,” said Hung.

While passive fund inflows in the initial phase may be subdued, Hung underscored that the most significant positive development is Vietnam’s formal upgrade, which opens the door to the global institutional investor ecosystem.

He added that within the next year, particularly during the June 2026 and June 2027 review cycles, the probability of Vietnam being added to MSCI’s watch list is very high.

“Once major funds such as Vanguard and global brokerages begin operating more effectively in Vietnam following the FTSE upgrade, this will serve as a critical foundation for MSCI to reassess Vietnam’s status. At that point, MSCI will have little reason to maintain concerns over operational or infrastructure issues as grounds for exclusion,” Hung said.

“Vietnam currently meets approximately 10 out of MSCI’s 18 criteria. With the implementation of a central counterparty clearing system expected around late 2026 to early 2027, the market could satisfy at least three additional key requirements. Importantly, large institutional investors tend to prioritise MSCI indices over FTSE Russell due to significantly larger benchmarked capital. Therefore, inclusion on MSCI’s watch list would provide a much stronger boost in both sentiment and capital inflows.”

Addressing investor concerns over continued net foreign selling despite the upgrade news, Hung emphasised that positive impacts are not absent but rather have yet to materialise.

“Currently, major financial institutions are actively conducting overseas roadshows to connect with international funds that have not yet established accounts in Vietnam. The ongoing net selling trend largely reflects a broader global risk-off sentiment amid rising oil prices and a strong US dollar, affecting most emerging markets, not just Vietnam,” Hung told VIR.

Overall, SSI views the upgrade story as a long-term catalyst, with passive fund disbursements expected to begin in September rather than immediately. The firm advises investors not to sacrifice long-term opportunities for short-term speculative gains driven by upgrade-related news.

“Market reclassification is a gradual process that reshapes how global institutional investors perceive Vietnam,” Hung said. “Focusing solely on short-term volatility risks missing larger opportunities as Vietnam’s financial market integrates more deeply into global standards.”

From the opening minutes of the April 8 trading session, bullish sentiment dominated, reflecting strong investor enthusiasm.

By the mid-day break, 569 stocks had advanced, significantly outnumbering 131 decliners. The VN-Index surged by 58.66 points, or 3.5 per cent, to 1,736.20, while the HNX-Index gained 5.1 points to 251.8.

Market liquidity remained robust, with over 773 million shares traded, equivalent to a total transaction value of over $766.5 million.

Pham Tuyen, director of Brokerage at KIS Vietnam Securities, said the continued monitoring and clear roadmap towards emerging market status represent a pivotal milestone for Vietnam’s equity market.

“This serves as a crucial anchor for investor sentiment, helping ease foreign selling pressure and potentially reversing flows back into net buying,” he said. “The September upgrade timeline reflects the substantial efforts of regulators, including the Ministry of Finance and the State Securities Commission, under the government’s close direction.”

Tuyen added that the rally has fuelled strong capital inflows into previously underperforming sectors such as banking, securities, and especially large-cap stocks within the VN30 basket.

Large-cap names led the rally, with VIC acting as a key driver by contributing 14.54 points to the VN-Index. Other heavyweights such as VHM, VCB, TCB, and BID collectively added more than 13 points, providing a solid foundation for market sentiment.

Capital also flowed into leading stocks including SSI, SHS, VIX, MBB, CTG, and VCB. Notably, HPG saw particularly strong inflows, while MSN and MWG maintained solid gains, helping the VN-Index sustain an increase of nearly 3 per cent.

However, Tuyen cautioned investors to remain prudent: “Despite the market’s strong rally, investors should avoid chasing prices at all costs. Ongoing geopolitical tensions continue to pose unpredictable risks, requiring a more selective and sustainable investment strategy,” he said.

Vietnam on path to investment-grade rating Vietnam is edging closer to investment-grade status, with recent credit upgrades and a clear government roadmap strengthening confidence in its sovereign outlook.

Vietnam stock market gathers pace as upgrade window opens Vietnam’s recent market correction appears tactical rather than structural, as strong growth momentum and FTSE upgrade prospects anchor a compelling medium-term outlook.

FTSE Russell confirms Vietnam market reclassification FTSE Russell, the global index provider, has confirmed the reclassification of Vietnam to secondary emerging market status, effective from September 21, 2026.

This increase was significantly lower than the roughly 20 per cent growth in the first two months, indicating a slowdown and a growing reliance on a few key drivers.

In the first quarter (Q1) overall, seafood exports totalled $2.64 billion, up nearly 8 per cent. China and Hong Kong remained Vietnam’s largest market, with export turnover reaching approximately $764 million, up nearly 45 per cent compared to the same period last year. In March alone, exports to this market exceeded $250 million, rising more than 50 per cent.

According to VASEP, growth from China in Q1 was driven by three main factors.

First, seasonal demand linked to the Lunar New Year. In 2026, Lunar New Year fell in mid-February, driving strong import demand for seafood – particularly whole-form shrimp, live seafood, and premium consumption products – from late last year through the early part of Q1.

Second, underlying demand remained robust in the mid- to high-end segment. Import data show that China continued to increase shrimp imports in the first two months of the year, with growth of around 18 per cent.

Notably, in the live lobster segment, changes in tariffs and supply from Canada created a ‘market gap’, opening up clear opportunities for alternative suppliers, including Vietnam.

Third, geographical proximity and supply chain flexibility enabled Vietnamese firms to better capitalise on short-term demand spikes in this market, particularly during peak consumption periods.

In contrast to China, other key markets have yet to show clear signs of recovery.

Exports to the United States declined by more than 10 per cent in Q1, remaining the largest bottleneck due to both weak demand and technical barriers such as MMPA/COA regulations, as well as tariff-related obstacles including anti-dumping duties on shrimp. Meanwhile, exports to Japan and South Korea also fell by around 10 per cent, reflecting subdued consumption.

In the EU market, exports were largely flat, indicating stable but insufficient demand to drive growth. However, the bloc still presents opportunities in whitefish and products that meet sustainability standards.

On the positive side, markets such as ASEAN, Australia, Taiwan (China), and several emerging markets continued to expand, contributing to export diversification.

Heading into Q2, VASEP expects China and Hong Kong to remain the largest contributors to Vietnam’s seafood export growth. However, growth may slow compared to Q1 as seasonal factors fade.

As a result, growth will depend more heavily on underlying consumer demand and the ability of local exporters to maintain market share amid intensifying competition.

Product segments aligned with ‘reasonable price and comfort’ factors are likely to play a more important role than seasonal premium products.

For the industry as a whole, exports in Q2 are forecast to remain in positive territory but with clear divergence.

Accordingly, shrimp and pangasius (tra fish) will continue to serve as key pillars, China as the main growth driver, while the United States and some developed markets will remain constraining factors.

Markets benefiting from logistical advantages due to geographic proximity, along with preferential tariffs under free trade agreements, are expected to be prioritised by seafood exporters this year.

Vietnam and US set to ease seafood trade regulation Efforts are underway to remove bottlenecks affecting Vietnam’s seafood exports to the United States, as the Vietnam Trade Office in the US and the Vietnam Association of Seafood Exporters and Producers step up to facilitate smoother market access.

Vietnam’s seafood exports surpass $11 billion in 2025 A broad-based rebound in global demand helped seafood exports post a robust performance in 2025, comfortably surpassing targets set at the start of the year.

Seafood exports rise in January Vietnam’s seafood exports reached $874 million in January 2026, up 13 per cent on-year, driven mainly by stronger demand from China, Japan and ASEAN, along with solid growth in basa fish and squid-octopus products.

Speaking at GrabX 2026 held in Indonesia on April 8, Philipp Kandal, chief product officer of Grab, said, “As a product builder, I believe AI should work the hardest for the people who need it most. I’m excited that the products we are launching today at GrabX are like having a smart companion by your side."

"Whether you’re a consumer who just wants a chatbot to choose your lunch, a merchant who needs to monitor multiple shops remotely, or a driver getting hands-free voice advice –we want the Grab app to be the Everyday Guide that handles the manual tasks, so you can focus on your day.”

Philipp Kandal, chief product officer of Grab

The 13 products launched at GrabX serve as Everyday Guides to Local Life, Effortless Travel, and Business Empowerment. For consumers, Group Ride makes it easy for up to four people to share a vehicle by coordinating pickups and split payments.

Grab’s AI sequences the entire trip intelligently to be most efficient, and each passenge's fare is calculated based on factors such as the distance they travel, as well as traffic conditions and time taken on their route. Meanwhile, GrabMaps for Consumers makes daily transit more convenient by helping users find nearby amenities like EV chargers and parking spots, and even providing indoor maps to navigate malls and buildings.

For travellers, features like Personalised Travel Experience and Discover reduce the hassle of travelling, helping consumers get through the airport easily with reminders on flight updates or arrival card requirements, and surfacing local food reviews and recommendations.

For Grab's merchant- and driver-partners, there are new features for Business Empowerment. Merchant-partners can use tools like Virtual Store Manager and Cloud Printer that use hardware to automate their stores’ manual workflows – using AI-powered computer vision to monitor hygiene and foot traffic, and automatically sync food orders between front counters and back kitchens. Driver-partners can use a chatbot, Driver AI Assistant, as a smart companion to get real-time advice that helps them drive more efficiently and grow their daily earnings.

The products are powered by the Grab Intelligence Layer, the company's AI infrastructure built on insights from 20 billion rides and orders. It turns real-world signals – like how rain impacts traffic or real-time activity in a merchant’s shop – into useful features that simplify decisions and automate manual tasks.

GrabX 2026, Grab’s annual product showcase, also marked a milestone for Grab's Early Access Programme, which has grown to 200,000 users since its launch at last year's event. The scheme allows users to see Grab's latest features, become testers, and provide feedback to help improve new products. This group has contributed 4,000 feature improvements that have shaped the Grab experience today.

At the event, Grab also announced a new “shake and share” feature that lets users submit feedback instantly by shaking their phone.

Products will roll out by market, subject to regulatory approvals, licensing, and partner readiness. Product names, capabilities, fees, and timelines may vary by country.

Product Availability in Markets

From pioneer to key player: Grab's 10-year milestone in Vietnam This October, Grab is celebrating its 10th anniversary in Vietnam. Alejandro Osorio, managing director of Grab Vietnam, speaks to VIR's Linh Le about the key milestones achieved over the last decade and the company's future vision in Vietnam.

Vietnam’s food delivery market saw the highest growth in the region Vietnam’s food delivery market reached a total gross merchandise value (GMV) of $1.8 billion in 2024, where Grab and ShopeeFood accounting for 95 per cent of the market share.

Grab partnering with VTDF to promote tourism The Vietnam Tourism Development Fund (VTDF), under the Ministry of Culture, Sports and Tourism, and Grab Vietnam have signed a five-year MoU to promote and develop Vietnamese tourism and accelerate digital transformation in the industry.

Grab launched 13 AI-powered experiences at GrabX 2026, its annual product showcase, upgrading its app experience as an intelligent everyday guide for millions across Southeast Asia.

Smarter choices, powered by AI

Being an Everyday Guide is about helping consumers get through city life more easily and reducing the mental load of everyday decisions.

Group Ride helps you save up to 40 per cent on your fare compared to riding alone if you and your fellow riders are on similar routes. Share a ride any way you want – from different pick-up points to the same destination, or from the same destination to different pick-up points. Grab will soon add a Waiting Room feature that will allow everyone in the group to see who’s ready and track the vehicle’s progress in real time.

Grab More tackles a common dilemma: you’re craving something different from your partner, but placing two separate orders means paying two delivery fees. With Grab More, you can add another nearby merchant to your order – before or after checkout – with no extra delivery fee, no minimum order and no small order fee.

Grab AI Assistant is your personal AI concierge, built by integrating leading AI models with Grab’s deep understanding of users’ habits and preferences. The goal is simple: reduce the mental load of daily life and help you get things done. Planning a team celebration? Just tell Grab AI Assistant your group size, preferences, and dietary restrictions, and it will surface restaurant recommendations and make a booking – all in one conversation. The Assistant provides recommendations for both food delivery and dining out. Stocking up for the week? Use the Grab Shopping Agent to skip the item-by-item search. Send a photo, a voice note, or a typed list, and it builds a ready-to-checkout cart, searching across multiple merchants, with smart substitutions included.

GrabMaps for Consumers helps you decide when to leave, how to get there, and what to do when you arrive. The Journey Planner integrates with your calendar, predicts your destination based on your Grab trip history, and lets you compare travel options side by side – pickup estimated time of arrival and price for a Grab ride versus toll fees and ETA if you drive yourself. Real-time parking availability, EV charger locations, and public transport schedules mean you arrive prepared, not scrambling. Inside malls and buildings, indoor navigation guides you to the exact shop or entrance you need. And with Custom Voice, you can clone your own voice or another voice you love for turn-by-turn directions because getting there should feel personal.

Cash Loan brings responsible, accessible credit to consumers who need it most – including the millions across Southeast Asia who are new to credit or have limited financial history. Using first-party Grab data and AI-powered underwriting, eligible users can select a loan amount, customise a repayment plan that fits their budget, and receive a decision in seconds, all within the Grab app. No paperwork, no waiting, no more stress when unexpected expenses arise.

Anthony Tan, CEO of Grab, at GrabX 2026 in Indonesia

Move beyond borders with less friction

With more than 200 million passengers moving through Southeast Asia’s airports every year, Grab is expanding from solving individual travel moments to delivering a more end-to-end travel experience.

Personalised Travel Experience turns Grab into your travel companion from the moment you leave home to the moment you land and find your way out of the airport. Grab consolidates all the information and reminders you need in one place – from passport reminders and your check-in counter information to departure gate updates and flight change alerts. A travel checklist ensures essentials like eSIMs and travel passes are just one tap away. On arrival, Grab welcomes you to your destination with indoor navigation guiding you step by step to the right baggage belt and pickup point.

GrabStays is a hotel booking service built under Grab’s Partner Apps programme. Working with Nuitee, an AI-first hotel ecosystem, GrabStays is especially great for last-minute bookings. It offers competitive same-day rates with the extra benefit of earning GrabCoin rewards. With your information already filled in, including your preferred payment method, completing a booking is as seamless as requesting a ride. Once booked, the rest of your trip falls into place – with ride bookings to and from the hotel just one tap away.

Discover by Grab is your guide to eating well, whether you’ve landed in a new city or are exploring your own neighbourhood. See authentic, community-generated food content from people like you. Behind the scenes, Grab’s AI learns what you like, and brings those to the top. Save, like, share, and contribute your own finds to help fellow travellers and neighbours discover great eats too. Once you've found the right spot, act directly in the same flow – you can order for delivery, or you can book a table, redeem a DineOut deal, get a ride there, and even pay in-app.

GrabPay for Travel means that when it's time to pay, there's nothing to figure out. Many merchants across Southeast Asia accept QR code payments but not credit cards – with GrabPay for Travel, simply scan participating national QR codes and pay directly with your home-issued debit or credit cards already saved in Grab. No new app downloads, no e-wallet top-ups, no leftover foreign balances.

Tools to scale on your own terms

For Grab's merchant- and driver-partners, the Intelligence Layer is now moving beyond the screen and into the physical world, meeting them where their businesses actually run. These tools put enterprise-grade AI capabilities into the hands of Southeast Asia's everyday entrepreneurs.

Virtual Store Manager transforms existing CCTV hardware into a smart operations layer. AI-powered computer vision monitors store hours, hygiene standards, and staffing levels, sending instant alerts to owners if issues arise. It also analyses queue lengths, foot traffic, conversion rates and more, giving multi-outlet merchants actionable business intelligence without being on-site.

Cloud Printer eliminates the manual handoff of an order between front counter and back kitchen that often results in missed orders and delayed pickups. Orders auto-print the moment they arrive, and kitchen staff scan a QR code on the printed ticket to trigger pickup once the food is ready. The printer also automatically pauses the merchant’s store on the Grab app if no activity is detected for a set time, preventing orders to closed stores.

Tap to Pay turns Grab Merchant-enabled smartphones into a contactless payment terminal – no special hardware, no complex setup, and no lengthy onboarding. Merchants can start accepting cards and QR payments in minutes, straight from the GrabMerchant app.

Driver AI Assistant gives driver-partners an always-available smart companion that guides them on how to drive more efficiently and earn more. Drivers can speak to it, asking for advice on Grab’s policies, or assistance with common tasks, like sending their passengers a message. It's AI that works as hard as our driver-partners do, so they can focus on the road ahead.

Grab’s insights into Vietnam's food delivery market Ma Tuan Trong, country commercial head at Grab Vietnam, talks to VIR’s Linh Le about the evolution of Vietnam’s food delivery market, GrabFood’s strategic priorities, and the company’s expansion into smaller markets.

Vietnamese spend $2.1 billion on food delivery apps in 2025 Vietnamese consumers spent an estimated $2.1 billion on food delivery orders via mobile applications in 2025, according to Momentum Works.

Ride-hailing platforms shift gears in green mobility race Tightening emission rules and the urgent push for greener urban mobility are forcing Vietnam’s ride-hailing firms into a decisive shift, where delay could mean lost relevance.

The event attracted the participation of various diplomats, along with hundreds of representatives from management agencies and domestic and foreign businesses.

Participants at the event. Photo: hochiminhcity.gov.vn

The discussion focused on urban construction and development ecosystem, thereby promoting knowledge sharing, fostering innovation, and expanding strategic partnerships.

Key topics included urban development, green energy and materials, infrastructure, transport, and logistics. In addition, they also discussed the construction of future seaports, sustainability and human-centred architecture, and waterproofing solutions.

French Ambassador to Vietnam Olivier Brochet emphasised that the construction sector plays a crucial role in the fight against climate change, accounting for a large proportion of global emissions and having significant economic importance, contributing 11 per cent of global GDP and 7 per cent of global employment.

The ambassador also stated that the transition to sustainable cities requires the participation of many stakeholders, from the government and businesses to research organisations and investors, and international cooperation. Vietnam and France are currently both members of the Global Alliance for Building and Construction to reduce carbon emissions in this sector.

French Ambassador to Vietnam, Olivier Brochet. Photo: hochiminhcity.gov.vn

CCIFV chairman Thibaut Giroux stated that, amidst a volatile world, the global supply chain being reshaped, and a constantly shifting geopolitical balance, Vietnam continues to emerge as a bright spot. In the fields of construction, energy, and materials, France's strengths also perfectly align with Vietnam's development orientation, according to Giroux.

According to Vice Chairman of Ho Chi Minh City People's Committee Nguyen Loc Ha, the city is one of the leading localities in the country in cooperation with France, with bilateral trade turnover reaching over $723 million in 2025 and 433 French projects totalling over $2.2 billion.

Ha stated that this annual conference provided a comprehensive and strategic overview of urban development, in line with the spirit that Ho Chi Minh City is pursuing: development through integrated, interdisciplinary, interregional thinking, and multi-stakeholder cooperation.

Ho Chi Minh City is currently focusing on finalising a draft law on urban development and a master plan for the metropolis. These are two levers for the city to shift from an implementation mindset to proactively creating policies, building a superior institutional foundation, and opening up new development spaces, Ha added.

Vice Chairman Nguyen Loc Ha made a speech. Photo: hochiminhcity.gov.vn

The city is also promoting a green transition with many very specific goals. The city has issued an action plan for air pollution control for 2026-2030, which aims to ensure that all public transport vehicles use clean energy, while also aiming to control all major sources of emissions, promote the greening of construction, and use energy more efficiently.

Ho Chi Minh City identifies breakthroughs in transportation and logistics infrastructure as one of the prerequisites for expanding development space and enhancing competitiveness in the global supply chain.

Ha believes that with the increasingly strong foundation of the comprehensive strategic partnership between Vietnam and France, and with the active support of the Embassy, ​​Consulate General, CCIFV, and the French business community, the discussions will be concretised into more practical initiatives, projects, and cooperative relationships.

Decree opens incentives for green urban development New regulations are set to unlock financial and land-related incentives for projects that meet green growth standards in urban development.

Italian Design Day 2026: a contemporary architecture and urban development dialogue Italian Design Day 2026 took place in Ho Chi Minh City in early March under the theme “RE-DESIGN. Regenerating Spaces, Objects, Ideas, Relations.”

Vietnam and EU seek to strengthen ties in transport infrastructure and urban development Vietnam and the EU will enhance cooperation in transport infrastructure and sustainable urban development in the future, a meeting has heard.

“Although global disruptions are affecting overall travel flows, the country expects to be comparatively less impacted due to its lower reliance on Europe and Middle East inbound markets and its strong positioning within short-haul demand from North Asia, particularly South Korea and China, where travellers may increasingly favour closer, more accessible destinations," said Gasparotti.

Mauro Gasparotti, senior director for Southeast Asia at Savills Hotels

Jesper Palmqvist, regional vice president for Asia-Pacific at STR CoStar, notes that Vietnam’s hotel market continues to demonstrate resilience, with positive performance trends observed across multiple segments.

“There is on-year growth across luxury, upper-midscale, and economy categories, with the extent of improvement varying by segment. Compared with several regional markets, Vietnam has maintained relatively strong momentum. Destinations such as Phu Quoc and Danang are gradually improving their market positioning as they mature and develop further,” Palmqvist said.

According to Savills Hotels, from a supply perspective, future hotel development in the next three years will remain concentrated in coastal destinations, with Danang and Phu Quoc leading in pipeline volume.

Phu Quoc is seeing accelerated development in preparation for APEC 2027. More than 10,000 keys, equivalent to 70 per cent of existing inventory, are currently under development and are scheduled for completion by the end of 2027 to support the anticipated influx of international demand tied to the event.

“While APEC presents a significant demand catalyst, its success will depend not only on the delivery of new hotel supply, but also on the readiness of connectivity, local infrastructure, logistics capabilities, and the effective coordination across the broader tourism and service ecosystem,” added Gasparotti.

As Vietnam enters this next phase, attention is increasingly shifting from cyclical recovery to deeper structural reforms required to support long-term stability and demand creation across residential and hospitality sectors.

Do Hieu, CEO of VinaLiving, explains that in hospitality, the focus must shift towards disciplined supply management and value-driven zoning, where content, culture, and activities become core products, helping destinations generate demand and overcome seasonality.

“The greatest challenge lies in supply management. Many tourism destinations in Vietnam have expanded too rapidly and beyond actual demand, while tourism products still lack depth in terms of visitor experience. Success does not depend on the number of hotel rooms, but on the ability to create a destination ecosystem built around culture, cuisine, entertainment, and experiential offerings,” said Hieu.

Branded residences are receiving higher global interest, underpinned by sustained demand growth and expanded brand participation across key markets.

Globally, the branded residence segment continues to build a strong presence, recording a compound annual growth of 10.9 per cent, doubling the pace of hotel and real estate markets. By the end of 2025, over 900 global projects were operational, with the top 10 hotel operators collectively managing portfolios of more than 400 branded collaborations.

In Vietnam, the market has recently seen an increase in branded developments across the two key urban centres. These projects are also becoming more diversified in terms of positioning, expanding beyond the traditional luxury segment.

Nguyen Uyen, associate director, Savills Hotels, commented that Vietnam’s branded residence market is reaching an important turning point, with a strong shift from resort developments to urban projects in Ho Chi Minh City and Hanoi.

“The growth of this model is driven by several factors, especially the expansion of high-net-worth individuals and the strong trust buyers place in developments backed by international brands. As a result, branded residences are emerging as a key long‑term strategy for developers anticipating changing buyer profiles,” said Uyen.

Over the past year, Vietnam sustained a strong recovery trajectory, emerging as a standout performer amid the gradual rebound of global tourism.

The country welcomed more than 21 million international arrivals, representing a 20.4 per cent increase and significantly outperforming the broader Asia‑Pacific, which recorded growth of 5 per cent. This also marked the first time Vietnam surpassed Thailand as the leading destination for Chinese leisure travellers.

Vietnam is emerging as a solid performer across Southeast Asia, underpinned by robust RevPAR growth of 15 per cent compared to 2024, increasing occupancy, and shifting source markets, reinforcing its position as a leading destination in the region.

In 2026, the country is targeting 25 million international visitors this year, an expected 18.1 per cent on-year growth, supported by sustained demand across key source markets.

This momentum is underpinned by ongoing government efforts to enhance competitiveness, including visa policy liberalisation, expanded international air connectivity, infrastructure improvements, and strengthened destination marketing initiatives.

Hospitality sector on its way to full recovery The Meet The Experts (MTE) conference, a leading business gathering for Vietnam’s real estate and hospitality sectors, took place on October 24 in Hanoi, centring on the theme “Wellness Real Estate.”

Hospitality and real estate leaders to gather for MTE Hanoi 2025 Meet The Experts (MTE), one of the region’s leading hospitality and real estate conferences, is set to return with its Hanoi 2025 edition at a pivotal moment for Vietnam’s property and tourism sectors.

Meet The Experts conference returns to boost hospitality sector Vietnam's hospitality and real estate sectors are entering 2026 with renewed momentum, supported by a record 21.2 million international arrivals and strong economic fundamentals.

The US-ASEAN Business Council (USABC) will lead a delegation of more than 120 representatives from 52 US corporations to Vietnam from April 14 to 16.

Brian McFeeters, USABC president and CEO, said that the delegation comprised senior executives from major US companies.

"Despite the challenging global economic environment, the scale of the delegation signifies the increasing interest of American businesses to expand trade, investment, and long-term partnership in Vietnam, as well as their confidence in the economic growth prospects,” McFeeters said.

The delegation comprises companies across key sectors including energy, technology, innovation, financial services, fund management, aerospace, automotive, logistics, advanced manufacturing, healthcare, and life sciences, among others.

Many of these US companies are global corporations capable of delivering advanced technologies, long-term capital sources, international experience, and best practices, thereby supporting Vietnam in the next phase of development.

According to McFeeters, the delegation is expected to better understand the government’s vision and clear messages about improving investment and the business environment. Thus, US companies can reaffirm long-term commitment to contributing to Vietnam’s development goals.

50 leading US businesses to visit Vietnam A high-level business delegation, including 50 top US businesses, will visit Vietnam from March 18–21 to explore investment opportunities.

Vietnam remains attractive destination for US businesses Ramachandran AS, chairman of American Chamber of Commerce (AmCham) in Ho Chi Minh City told Bich Ngoc that the business trip paid by Party General Secretary and State President To Lam to the United States signals the vital partner of Vietnam in the region and strengthens Vietnam's position as an attractive destination for US businesses.

US business groups voice dismay at Trump's new tariffs President Donald Trump's tariff announcement on Wednesday was widely panned by US business lobbying groups, who voiced concern about the impact of the sweeping new duties on their operations.

The resolution emphasises the development of a synchronised and comprehensive national innovation and startup ecosystem. In this ecosystem, institutions play a pioneering role, while simultaneously developing infrastructure, human resources, and necessary support conditions for startup activities, aiming to build a digital nation based on science, technology, and innovation.

Techfest Haiphong 2025. Photo: MST

In its specific goals, by 2030, Vietnam aims to become one of the leading countries in innovative startups in the region. The startup ecosystem is expected to develop strongly with the development of tens of thousands of innovative startups, including the formation and development of large-scale technology companies with the potential to become unicorns. Vietnam's innovation and startup ecosystem indicators are also targeted to reach the leading group in the region.

By 2045, Vietnam aims to become one of the top 30 countries globally in innovation and entrepreneurship. By then, the percentage of people participating in entrepreneurship and owning businesses is expected to be high; and the venture capital market will be strong and large-scale, creating a foundation for the boom of technology and innovative businesses.

To realise this goal, the government requires the simultaneous implementation of several key tasks and solutions. First and foremost is the improvement of the legal framework to make it more favourable and flexible for innovative startups. Administrative procedures related to businesses will be comprehensively digitised step by step.

Simultaneously, new mechanisms will be piloted to encourage a spirit of experimentation, such as the "one-person enterprise" model, a streamlined bankruptcy processing mechanism to facilitate quick restarts for entrepreneurs, and controlled testing zones for new technologies.

Furthermore, the strategy places a strong emphasis on developing personnel and building a comprehensive support ecosystem. Education on entrepreneurship and innovation will be deeply integrated into the national education system from primary to university level. Also, shared infrastructure networks such as innovation centres, co-working spaces, incubators, and digital platforms supporting businesses will continue to expand nationwide.

Another crucial task is to unlock capital for innovative startups. The government is directing the strong development of the venture capital market, establishing investment funds at various levels, from national level to local one, from businesses to universities. Direct financial support mechanisms and credit guarantees based on intellectual property will also be promoted to facilitate startups' access to development resources.

In addition, Vietnam will strengthen international integration in innovative startups, attracting international experts, investors, and support organisations, while encouraging domestic startups to participate more deeply in global value chains.

In recent years, Vietnam's innovative startup ecosystem has made many positive contributions to socioeconomic development. Several billion-dollar technology companies have emerged; venture capital investment in Vietnamese startups has reached a high level in the region.

Alongside this, the infrastructure supporting startups has increasingly developed with the participation of numerous venture capital funds, business incubators, business accelerators, and innovative startup support centres at both local and national levels.

According to international rankings, in 2025, Vietnam's startup ecosystem index ranked 55th in the world. Specifically, Ho Chi Minh City entered the top five startup ecosystems in Southeast Asia for the first time (ranked 110^th globally), Hanoi rose to 148^th, and Danang climbed 130 places to 766^th globally.

Innovative startups eyeing fresh opportunities A new annual event called Inno Vietnam-Japan Fast Track Pitch took place in Hanoi on August 29 to showcase innovative startups.

Supporting innovative startups with IP legal consultancy The Vietnam Intellectual Property Research Institute (VIPRI), under the Ministry of Science and Technology (MoST), coordinated with its partners to host a conference on November 23 in Ho Chi Minh City to discuss the need for legal consultancy on intellectual property (IP) for innovative startups and sci-tech firm.

Final round of Techfest Vietnam 2023 held in Ho Chi Minh City Techfest Vietnam 2023 aims to promote innovative solutions in the technology sector while attracting experts, intellectuals, entrepreneurs, and overseas Vietnamese to ignite creative thinking in the innovative startup ecosystem.

Vietnam leads region in attracting long-term investment into innovative start-ups The wave of innovative start-ups in Vietnam has developed at “dizzying” speeds, attracting the attention of many domestic and foreign investors, a seminar, entitled 'Investment Policies for Start-ups' in Hanoi heard on June 3.

Dual transformation can empower innovative startups A workshop on how startups can harness resources for green and digital transformation took place on November 26 at TECHFEST 2024 in Haiphong.

This decree consists of five chapters and 45 articles, detailing several provisions of the Law on Investment and measures to organise and guide the implementation of the Law on Investment regarding overseas investment activities for business purposes, overseas investment procedures, and state management of overseas investment activities.

The following activities are not covered by this decree, including overseas investment activities in the form of buying and selling securities, other valuable papers, or investing through securities, investment funds, and other intermediary financial institutions abroad, as stipulated in point d, clause 1, Article 39 of the Law on Investment, and overseas investment activities in the oil and gas sector.

This decree applies to investors and competent state agencies, organisations and individuals involved in overseas investment activities.

Regarding the authority to issue, amend, and terminate the validity of certificates of registration for overseas investment, the decree stipulates that the Ministry of Finance (MoF) will issue, amend, and terminate the validity of certificates of registration for overseas investment for projects with overseas investment capital of VND7 billion ($266,000) or more, or projects in sectors subject to conditional overseas investment as stipulated in clause 1, article 41 of the Law on Investment, except for projects specified in Article 18 of this Decree.

For projects with overseas investment capital of $64 million or more, or projects proposing the application of special support policies, the MoF will report to the prime minister for approval before issuing or amending the certificate of registration for overseas investment.

For projects already approved, no further report to the prime minister for consideration and approval is required when making adjustments to the project.

The decree also specifies the dossier, procedures, and process for issuing investment registration certificates for projects not requiring the prime minister's approval, and guides the procedures for issuing investment certificates for overseas investment.

The consideration and issuance of investment certificates for overseas investment do not replace the approval of overseas lending activities or guarantees for loans to foreign economic organisations, as stipulated by the law on foreign exchange management.

In cases where an overseas investment project involves a sector or profession subject to conditional overseas investment, the MoF will seek opinions from relevant agencies. Within seven working days of receiving the request for opinions, the consulted agency shall provide a written response to the ministry.

Within 15 working days from the date of receiving a valid application, the MoF shall issue a certificate of registration for overseas investment to the investor, and simultaneously send copies to the State Bank of Vietnam, the Ministry of Foreign Affairs, the Ministry of Interior, the relevant ministries, the people's committees of provinces and centrally governed cities where the investor's head office or permanent residence is located, the tax authority confirming the investor's tax payment obligations, and the representative agency of the investor's owner (if any).

If the application is invalid or does not meet the conditions for issuing a certificate of registration for overseas investment, the MoF will issue a written notice refusing to issue the certificate, clearly stating the reasons.

Overseas investments increase 3.8 times in first eight months Vietnam’s outbound investments totalled $556.1 million in the first eight months of 2025, 3.8 times higher than the same period last year, according to data from the Foreign Investment Agency under the Ministry of Finance.

MoF backs reforms to cut red tape for overseas investment The new draft Law on Investment is set to reshape the policy framework, with reforms aimed at driving stronger business growth.

Garment and textile sector seeks new growth after volatile year After navigating a volatile 2025, Vietnam’s garment and textile industry is turning to market expansion, deeper restructuring, and overseas investment to secure new growth momentum for the year ahead.

Vietnam steps up overseas investment Vietnam’s total outbound investment reached $540.2 million in the first two months of 2026, up 2.3 times on-year, marking a significant expansion of Vietnamese firms’ overseas activities.

Outbound investments accelerate in Q1 Vietnam’s outbound investments continued to gain momentum in the first quarter of 2026, totalling $620 million.

This encompasses nine public offerings worth $516.7 million, accounting for 54.2 per cent of the total and four private placements worth $436.6 million, making up the remaining 45.8 per cent.

The latest report by VIS Rating released on April 2 also noted that the corporate bond market remained relatively subdued in the first quarter (Q1) of 2026.

The main reasons were the prolonged Lunar New Year holiday and a cautious stance among issuers. Most companies are still in the process of finalising and awaiting approval of their business plans and capital-raising strategies at their AGMs.

Despite the overall slowdown, primary issuance value still recorded encouraging growth. According to VIS Rating, total new issuance in Q1 of 2026 reached $1.22 billion, up 22 per cent on-year.

By the end of Q1, total outstanding corporate bonds stood at approximately $57.2 billion, with 361 issuers participating in the market. The banking sector continued to lead in outstanding value at $27.4 billion, followed by the real estate sector with $15.6 billion.

A notable development in Q1 was that the real estate sector surpassed banks to become the largest contributor to new issuance, accounting for 53 per cent of total issuance value.

Another bright spot in Q1 was the sharp decline in late payment rates for principal and interest, which fell to near zero. Only one short-term delay was recorded during the quarter, involving Thuan Hoa Ha Giang Hydropower JSC, and it was fully resolved within a week.

In addition, the cumulative bond recovery rate improved significantly. Total recovered value in Q1 approximated $200 million, lifting the cumulative recovery rate to approximately 46 per cent, compared with 33 per cent in the same period last year.

Although the corporate bond market has shown positive signs compared to a year earlier, VIS Rating also warned of risks stemming from US-Iran tensions.

These could drive up energy prices and inflation, putting pressure on domestic interest rates and increasing borrowing costs for businesses.

VIS Rating forecasts that the corporate bond market will likely accelerate in the coming quarters of 2026 as firms’ annual business plans are approved.

However, capital absorption capacity and borrowing costs will largely depend on macroeconomic conditions and companies’ ability to adapt to external shocks.

Speaking at the 2026 Corporate Bond Market Forum on April 2, Nguyen Hoang Duong, vice chairman of the State Securities Commission (SSC), said that total bond maturities this year amount to $7.62 billion, down 1.7 per cent from $7.75 billion in 2025.

“This pressure forces companies to proactively restructure their finances or seek alternative funding sources. However, it will also help filter out weaker firms and strengthen well-performing issuers, contributing to a more sustainable market structure,” Duong said.

Amid rising deposit interest rates, the SSC executive warned that corporate bond issuance costs will increase, and the market will also reprice risk. In this context, issuers must enhance transparency and ensure efficient use of capital to maintain access to funding channels.

Despite ongoing challenges, the regulator stated that it is steering the corporate bond market towards a safer, more transparent and sustainable development path through coordinated measures.

“Although corporate bonds still account for a relatively small share of the economy’s capital structure, they will play an increasingly important role in providing medium- and long-term funding, especially as the banking system faces maturity mismatches,” Duong said.

Over 809 million USD worth of bonds expires in March Nearly 227.6 trillion VND (9.6 billion USD) worth of corporate bonds is going to expire this year, of which about 19 trillion VND matured or was repurchased before maturity in the first two months of the year, according to data compiled by the Hanoi Stock Exchange (HNX).

Real estate bond issuance heats up Amidst the market headwinds, several real estate developers with healthy operational records have secured large sums for project deployment through bond issuances.

Bond issuance mulled as rate duress mounts Stronger credibility and successful capital mobilisation make now a prime moment to issue USD-denominated bonds for stabilising exchange rate purposes.

On April 6, Qualcomm Technologies announced the selected teams to take part in the 2026 Qualcomm Vietnam Innovation Challenge (QVIC), which specialise in sectors including smart cities, the Internet of Things (IoT), robotics and drones, healthcare, and agritech. Participants will undergo an initial three-month incubation period.

15 of the 28 startups will advance to a three-month acceleration phase with additional technical support and patent-filing incentives, culminating in a finale event in August with total prizes of $255,000.

The selection of shortlisted companies was based on various criteria, including their technical capabilities, innovative products, patentable technologies, and relevance to Vietnam's digital transformation and Industry 4.0.

"Vietnam continues to be a strategic hub for cultivating innovation, and its startups and small- and medium-sized enterprises (SMEs) are central to driving digital transformation," said Nam Thieu, country general director of Qualcomm Vietnam. "With QVIC expanding from 10 to 28 teams, we are significantly scaling our support for Vietnam's next generation of innovators. This year's cohort brings exceptional strength in critical technology domains – including AI, robotics, IoT, and smart city solutions – areas that will define Vietnam's future competitiveness."

During the incubation period, the shortlisted companies will receive support, including business and technical guidance, access to Qualcomm Vietnam's Research and Development lab in Hanoi, and problem-solving assistance from local teams.

"What stands out in this QVIC cohort is the continuum of innovation, from university-incubated to industry-driven startups, all converging on real-world deployment," said Sudeepto Roy, vice president of Engineering at Qualcomm Incorporated. "These teams are moving beyond isolated AI models to end-to-end workflows and agentic AI systems that can sense, decide, and act under practical constraints. Qualcomm's role is to help translate this technical ambition into scalable platforms, where deep-tech innovation and intellectual property compound over a startup's growth cycle."

At the finale in August, a panel of industry leaders will select the top five finalists to compete for cash prizes totalling $255,000. The first-place winner will receive $100,000, second place $75,000, third place $50,000, and two additional prizes of $15,000 each will be awarded for innovative research.

Launched in 2019, QVIC has nurtured 50 innovative Vietnamese startups in advanced technology areas. With the support of Ministry of Science and Technology, the scheme aims to foster the development of Vietnam's growing technology ecosystem by identifying and nurturing innovative SMEs that design products utilising 5G, IoT, AI, smart cities, wearable devices, and multimedia technologies from Qualcomm. Cumulatively, these startups have filed over 150 patents to protect their inventions.

Vietnam a desirable destination for regional VCs Southeast Asian venture capital funds have set sights on Vietnamese startups. Charles Wong, co-founder and managing partner of TNB Aura, shared with VIR’s Thanh Van the investment trends of regional funds into Vietnam.

NamiTech raises $4 million in funding Vietnam AI startup Nami Technology (NamiTech) has secured $4 million in its latest funding round from Japan's Toho Gas and existing investor Thien Viet Securities.

TVS invests $4 million in Dat Bike On March 5, Thien Viet Securities JSC announced a $4 million investment in Dat Bike, a Vietnamese electric motorbike manufacturer.

On March 11, Accelerated Infrastructure Capital (AIC) signed an MoU with Ho Chi Minh City Department of Science and Technology to invest in an AI data centre project. The facility, to be located at Tan Phu Trung Industrial Park, will be the first AI mega-project in the city

The project has an estimated investment of approximately $2.1 billion and will be implemented by a joint venture between AIC, Kinh Bac City Development Holding Corporation, and international partners. Components include data centre infrastructure, power and water systems, and GPU infrastructure. The entire capital is expected to be fully disbursed by the end of the first quarter of 2027.

Oliver Jones, co-founder of AIC Group, said, “The progress of the venture has moved faster than initially expected. We really appreciate the support from Ho Chi Minh City authorities during implementation. We hope that this AI data centre will become a technological hub not just for Vietnam, but also across Southeast Asia.”

In February, G42, the Abu Dhabi-based technology holding group, and a consortium, comprising the FPT Corporation and the Viet Thai Group, signed a Framework Cooperation Agreement to develop sovereign AI capabilities and cloud infrastructure across Vietnam. G42 and its Vietnamese partners have a plan to develop a billion‑dollar data centre in Ho Chi Minh City.

Nguyen Ky Phung, head of the SHTP management board, said, “G42 has conducted surveys three times to select the site for its data centre at SHTP. In the first quarter of 2026, SHTP is expected to grant an investment licence for a $500 million data centre to Evolution Group.”

Besides data centres, Ho Chi Minh City aims to lure at least four high‑value foreign investment ventures in the semiconductor industry this year, targeting collaboration with foreign technology corporations such as AMD, Nvidia, and Qualcomm.

Among them, BE Semiconductor Industries NV (Besi) plans to invest $1 billion in a new advanced packaging fab in Vietnam. Although the exact location has not been confirmed, the facility may be developed in Ho Chi Minh City, where Besi operates a factory in SHTP.

According to the municipal Department of Finance, Ho Chi Minh City has attracted nearly $2.9 billion in foreign direct investment (FDI) in the first quarter of 2026, soaring 219 per cent from a year ago. The city is expected to secure an additional $8.9 billion in the second quarter, bringing the figure to around $11 billion by the end of the third quarter, equivalent to approximately 100 per cent of the 2026 annual target.

Some key ventures include Can Gio International Transshipment Port (over $4.9 billion), Nha Be Metrocity GS ($2.2 billion), a smart complex in Thu Thiem New Urban Area ($1.2 billion), the AI data centre in Tan Phu Trung Industrial Park ($2.1 billion), and Evolution Group’s data centre ($500 million).

Ahead of strong FDI inflows to the city, Phung said, "SHTP will revise its 1/2,000 detailed planning and revoke delayed projects, freeing up about 100 hectares of land to draw more high-tech and green technology investments."

"With ventures in the pipeline, SHTP is set for strong growth in 2026, targeting $1.6 billion in FDI attraction. In the next phase, the park will shift its focus to core technologies, semiconductors, AI, and innovation, rather than concentrating on manufacturing as before," he added.

TikTok pours $125 million into Ho Chi Minh City in Q1 TikTok Shop Vietnam Co., Ltd. has invested $125 million into its venture in Ho Chi Minh City in the first quarter of 2026.

Urban law an opportunity for Ho Chi Minh City development Developing a special urban law aims to establish a long-term institutional foundation for Ho Chi Minh City to fully leverage its role as the country’s economic locomotive and a driver of national growth, according to experts.

Huong Viet launches The Aura tower in Ho Chi Minh City Huong Viet Properties officially launched The Aura office tower at Hai Ba Trung street in Ho Chi Minh City on April 3.

According to data released by the Statistics Office, total registered foreign direct investment (FDI) into Vietnam as of March 31 stood at $15.2 billion, a 42.9 per cent increase on the same period last year.

Newly registered FDI reached $10.23 billion across 904 licensed projects, representing a 2.4-fold increase in registered capital and a 6.4 per cent rise in the number of projects on-year.

By sector, manufacturing and processing continued to draw in the largest share of new investment, with $7.07 billion (accounting for 69 per cent of total newly registered capital). This was followed by electricity, gas and water production and distribution at $2.28 billion (22.3 per cent), while other sectors accounted for $884.6 million (8.7 per cent).

Meanwhile, 251 ongoing projects registered additional capital of $2.30 billion, down 55.1 per cent on-year.

Combining newly registered and additional capital, total FDI into manufacturing and processing reached $8.85 billion, accounting for 70.6 per cent of total registered capital. Electricity, gas and water distribution accounted for $2.28 billion (18.2 per cent), while other sectors made up $1.4 billion (11.2 per cent).

Foreign investors also contributed $2.66 billion through capital contributions and share purchases across 703 transactions, up 2.3 times on-year.

Alongside the rise in registered capital, disbursed FDI in the first three months of 2026 was estimated at $5.41 billion, up 9.1 per cent on-year. This marks the highest level of disbursed FDI for the first quarter in the 2022-2026 period.

Of the total disbursed FDI, manufacturing and processing accounted for $4.48 billion (82.8 per cent), followed by real estate at $389.5 million (7.2 per cent), and electricity, gas, steam and air conditioning supply at $196.1 million (3.6 per cent).

Among 52 countries and territories with newly licensed investment projects in Vietnam during the period, Singapore emerged as the largest investor with $5.32 billion (52 per cent of total newly registered capital), followed by South Korea with $3.68 billion (35.9 per cent). China ranked third with $417.5 million (4.1 per cent), followed by Hong Kong (China) with $256.8 million (2.5 per cent).

Regarding Vietnam’s outbound investment, 48 new projects were licensed in the first quarter with a total capital of $597.2 million, 2.6 times higher than the same period last year. Four existing projects also increased their capital by $22.8 million, up 4.3 times.

In total, Vietnam’s overseas investment (including new and adjusted capital) reached $619.9 million in the first three months of 2026, up 2.6 times on-year.

Vietnamese investors expanded their presence across 28 countries and territories. Laos remained the largest destination with $176.7 million (28.5 per cent), followed by Kyrgyzstan with $149.9 million (24.2 per cent) and the United Kingdom with $82.8 million (13.4 per cent).

EuroCham Whitebook positioning Vietnam for next wave of investment The European Chamber of Commerce in Vietnam (EuroCham) has launched the 17th edition of its Whitebook, a flagship publication supporting the effective deployment of landmark EU investments in the country.

Sizeable investments signal FDI bright spot Vietnam’s push to attract higher-quality foreign investment is beginning to pay off, as the re-emergence of billion-dollar projects signals growing confidence in its high-tech ambitions.

FDI surges in Ho Chi Minh City, reaching nearly $2.9 billion in Q1 In the first quarter, Ho Chi Minh City attracted nearly $2.9 billion in foreign direct investment, up 219 per cent on-year. This year, the city is prioritising high-tech and environmentally friendly projects.

Nguyen Nam Hai, chairman of the committee, said that after more than 14 years of the law, the socioeconomic context had changed significantly, particularly under the strong impact of digital transformation and the Fourth Industrial Revolution.

New requirements for management, technical infrastructure, data connectivity and sharing, along with increasingly deep international integration, are creating a clear need to improve the legal framework for measurements.

Photo: MST

“The amendments aim not only to institutionalise major policies on the development of science, technology, and innovation, but also to overcome shortcomings in practice, ensure consistency and uniformity with related legal systems, thereby enhancing the effectiveness of state management in the field,” he said.

Based on a review of international best practices, the amendment is built around three main policy groups. Firstly, encouraging digital transformation in metrology, shifting from traditional management methods to data-driven and digital platforms.

Secondly, boosting socialisation and encouraging businesses to participate in developing the national metrology system.

Thirdly, strengthening decentralisation of authority coupled with accountability, while reforming administrative procedures.

According to the committee, the implementation of the Law on Metrology has achieved many positive results in recent years. The legal framework has been gradually improved; state management has been enhanced; and technical infrastructure and metrology standards system have strengthened.

The network of inspection, calibration, and testing has also developed, while inspection and supervision work has seen significant improvements, contributing to protecting consumer rights and international integration.

The country currently has 51 national measurement standards and over 8,000 working standards; more than 600 organisations registered to conduct verification, calibration, and testing; and over 4,000 inspectors performing verification of approximately 10 million measuring instruments annually. However, alongside the achievements, the law has also revealed a number of limitations.

Current regulations have not kept pace with the development of smart, automated, and remote measurement devices and data management in the digital environment. The metrology infrastructure lacks robust mechanisms to attract investment and develop.

Some procedures in inspection and calibration remain complex, failing to clearly distinguish between voluntary services and activities serving state management. Furthermore, the management mechanism for pre-packaged goods lacks flexibility and is not truly compatible with risk-based management methods. The assignment, coordination, and data sharing among agencies at some stages remain unclear, affecting the effectiveness of post-inspection.

The amendment aims to modernise the legal framework by aligning it with digital transformation, removing barriers to innovation, strengthening decentralisation, and shifting the focus from controlling instruments to ensuring the reliability of measurements.

Dien Quang Lamp co-operates with foreign partners to develop laboratory Ho Chi Minh City Technology Centre for Standard, Measurement and Quality (SMEQ) has entered into a co-operation with Dien Quang Lamp in measuring and testing with light products and electric equipment to meet the increasing demand for these services.

Vietnam’s first-ever Digital Economy Measurement Project launched The Vietnam E-commerce Association (VECOM) and Nielsen Vietnam have officially launched Vietnam’s first-ever Digital Economy Measurement Project at the annual Vietnam Online Business Forum 2019 in Hanoi and Ho Chi Minh City.

Vietnam strengthens quality measurement standards cooperation with UAE, Saudi Arabia Vietnam plans to cooperate with the UAE and Saudi Arabia on quality measurement standards across various areas, including training, conformity assessment, legal and industrial metrology, testing and laboratory operations, and calibration.

The initiative is seen as a strategic launchpad, helping Vietnamese firms move beyond a purely contract manufacturing mindset, while shaping a new position for them on the global economic map.

A central focus of the initiative is the decisive removal of institutional obstructions.

Cambodia was where telecom giant Viettel laid the first bricks of its global expansion journey under the Metfone brand

The government has also committed to building a transparent legal framework aligned with international standards, enabling businesses to more easily access capital, technological infrastructure, and high-quality workers.

Streamlined administrative procedures are expected to reduce legal risks and operating costs as domestic firms invest in or establish a presence abroad.

By 2030, the programme aims to have around 5,000 private-sector enterprises engaged in investment and business activities in global markets. Of these, at least 20 major private economic groups with strong capabilities are expected to take on a leading role in global value chains.

By 2030, a minimum of 100 enterprises will receive support to improve their performance on cross-border e-commerce platforms in Vietnam and internationally, including at least 10 companies achieving online export revenues exceeding $10 million.

The programme also targets the establishment of 10 innovation centres by Vietnamese enterprises in technologically advanced countries, along with approximately 30 logistics infrastructure projects and bonded warehouses in key markets. Notably, export turnover from supported enterprises is projected to grow at an average annual rate of 10-12 per cent throughout the period.

The programme also prioritises high value-added activities and technological mastery. Rather than focusing solely on exporting raw products, firms are encouraged to step up mergers and acquisitions, build research and development centres, and establish logistics infrastructure systems and direct distribution networks in key markets.

The entities expected to lead this effort are major flagship corporations – alongside innovative startups with global-born business models.

The combination of experience from large conglomerates and the agility of startups is expected to create a robust ecosystem capable of competing on equal footing with multinational corporations.

The scheme aims to cultivate a generation of Vietnamese multinational enterprises who are capable of not only exporting ‘made in Vietnam’ products, but also ‘exporting’ intelligence, technology and management expertise.

In 2025, Vietnam’s total outbound investment – including newly registered and adjusted capital – surpassed $1.36 billion, up 88.7 per cent on-year.

Specifically, 173 new projects were granted investment certificates, with total registered capital from the Vietnamese side approximating $1 billion, up 65.9 per cent on-year. Meanwhile, 32 projects adjusted their capital, with supplemental capital value totalling $360.8 million, more than triple compared to one year ago. .

Outbound investment was directed to diverse markets, including Laos at $773.7 million, the Philippines at $92 million, Germany at $78.1 million, the United States at $74.5 million, and Indonesia at $69.6 million.

Viettel opens representative office in UAE Viettel Group inaugurated its first representative office in the United Arab Emirates on November 20, marking an important milestone in the group's strategy to expand its international presence in the Gulf Cooperation Council (GCC) region.

Vietnam’s outbound investment surges as foreign inflows remain resilient Vietnam's outward investment surged in 2025, driven by a sharp rise in newly licensed projects and expanded capital commitments overseas.

Outbound investments accelerate in Q1 Vietnam’s outbound investments continued to gain momentum in the first quarter of 2026, totalling $620 million.

According to the National Statistics Office, garments and textiles exports in Q1 rose 1.9 per cent on-year, reflecting the sector’s ability to adapt swiftly to external shocks. Early order acquisition and proactive market engagement have helped many enterprises secure contracts through the third quarter of 2026.

However, the Vietnam Textile and Apparel Association (VITAS) warned that the ongoing Middle East conflict and instability in the Red Sea are exerting heavy pressure on the sector. Shipping routes have been rerouted via the Cape of Good Hope, extending delivery times to the EU and the US by 14–20 days. Container freight rates to the US East Coast have surged from $2,000 to $4,000.

Rising input costs, driven by higher oil prices, have pushed up the cost of synthetic fibres and dyes. This has dealt a blow to profit margins, particularly as cut-make-trim prices remain under pressure from buyers.

The sector’s dependence on imported materials, accounting for over 70 per cent also exposes manufacturers to supply disruptions when overseas shipments are delayed due to maritime congestion.

Still, Vietnam retains competitive advantages in meeting environmental, social, and governance standards, as well as its deep integration into global supply chains.

For 2026, the garments and textiles industry is targeting export turnover of $49–50 billion, representing a projected growth of around 6 per cent compared to 2025. To achieve this, VITAS recommends that enterprises adopt more flexible strategies amid ongoing geopolitical volatility.

Diversifying markets and supply sources is seen as critical. Companies are encouraged to reduce reliance on Red Sea shipping routes and tap into ASEAN and neighbouring markets to lower logistics costs.

Sustainability is also emerging as a key differentiator. Investment in ESG standards and traceability systems is no longer optional, but essential for accessing high-end markets such as the EU.

Meanwhile, the adoption of AI and automation is being accelerated to improve productivity and offset rising logistics expenses. The industry is also prioritising the development of domestic raw material supply, including investment in concentrated textile and dyeing industrial zones to boost localisation and reduce geopolitical risks.

Enterprises are also advised to adopt more flexible negotiation strategies, such as shifting from CIF to free on board terms or sharing freight costs with partners to ease financial burdens.

Truong Van Cam, vice chairman of VITAS, noted that global textile demand grows by only 2–3 per cent annually, intensifying competition among exporting countries.

“Vietnam’s textile industry can no longer rely on volume-driven growth. Improving growth quality is essential, starting with the development of domestic materials, followed by product upgrading and value addition,” he said.

The year 2026 is shaping up as a pivotal period of “adaptive resilience” for the industry. While short-term orders remain stable, businesses are increasingly aware of dual risks stemming from geopolitical tensions and shifting trade dynamics.

Rather than focusing solely on maintaining order volumes, many companies are pivoting towards higher value-added strategies, investing in technology and strengthening domestic supply chains. Reducing dependence on imported inputs will not only optimise production costs but also help meet stringent rules of origin under next-generation free trade agreements, thereby maximising tariff advantages.

While the $8.8 billion export figure in Q1 provides a solid foundation, sustaining growth amid unpredictable geopolitical conditions will require coordinated efforts between policymakers and businesses.

VITAS has called on authorities to stabilise energy and fuel supplies to ease cost pressures. In addition, Vietnam’s trade offices abroad are urged to enhance market intelligence, particularly in geopolitically sensitive regions, enabling enterprises to adjust logistics and production strategies

The competition is organised by three Vingroup member organisations–the "For Green Future" Foundation, VinUniversity, and VinTechTalent (Vingroup Young Technology Talent Club).

This marks the first time an Asia-wide environmental hackathon exclusively for undergraduate and master's students is held in Vietnam. The competition aims to identify and develop technology-driven solutions to pressing environmental challenges, while fostering innovation and interdisciplinary collaboration among the younger generation.

The competition encourages interdisciplinary ideas that integrate multiple fields–including technology, environmental sciences, economics, and social sciences–with the aim of creating solutions that are innovative, feasible, and socially impactful.

Proposed ideas should address one of three key challenge areas: renewable energy and low-carbon mobility; urban air quality and climate resilience; water resources and climate-resilient agriculture.

The competition offers a total prize pool of $24,000, comprising one first prize of $8,000, one second prize of $5,000, two third prizes of $3,000 each, and five consolation prizes of $1,000 each.

Beyond the awards, participating teams will gain valuable opportunities to engage with leading experts from across the region, expand their professional networks, and strengthen their access to the broader innovation ecosystem.

Le Thai Ha, managing director of the "For Green Future" Foundation and head of the Organising Committee said, "We believe that ideas with the power to shape the future do not always emerge from large laboratories or well-established institutions; they often arise from the insight, initiative, and determination of young people to make a difference."

"Through the Asian Hackathon for Green Future, we seek to create a platform where students across the region can transform their environmental awareness into tangible, innovative solutions that deliver meaningful impact for communities and the future."

Participants will advance through three main stages: registration (April 6–May 17); online training (June 2–June 28); and final round & hackathon at VinUniversity (July 2–July 5, tentative).

The Asian Hackathon for Green Future is expected to foster innovation aligned with sustainable development, while contributing to the development of a new generation of young talents capable of cross-border collaboration to create solutions with lasting, positive impact across the region.

Vietnam in Southeast Asia innovation-friendly Top 3 Vietnam ranks third in Southeast Asia in Innovators Business Environment Index 2026.

BLOCK71 launches UniVentures, powering Vietnam’s next generation of university founders Vietnam's university startup scene is getting a bold new boost with the launch of UniVentures, a regional innovation programme led by BLOCK71 in partnership with the Temasek Foundation.

Blockchain and AI open 200,000 new jobs for Vietnam’s youth Vietnam’s youth are stepping into the heart of the digital transformation, as new technologies such as blockchain and AI open vast career opportunities across sectors.

• The Rise of the "Self-Reward": Rewarding oneself has emerged as a key driver of jewellery buying, with 57% of consumers planning to buy for themselves. The primary reason for these self-purchases is to reward oneself (55%), followed by celebrating special occasions (33%) and personal enjoyment or collection (32%). This trend sits alongside traditional romantic gifting for spouse/partner (42%), signaling a broader shift towards personal empowerment and self-celebration.
• Celebratory Moments Top the Gifting Calendar: The most frequent jewellery‑gifting occasions are the annual milestones of everyday life. Birthdays (51%) and anniversaries (42%) remain the primary drivers for both giving and receiving jewellery, while engagements and weddings (31%) as well as Valentine's Day (31%), continue to hold significant importance.
• Marking Special Occasions Matters Most: When purchasing for others, marking a meaningful occasion is the primary gifting driver (50%), followed by expressing love or care (36%) and the desire to surprise or delight someone (33%).
• The Informed Consumer: Traceability and Added-value Services Take Centre Stage: Price remains a key consideration (55%) when selecting natural diamonds, but consumers weigh this against the 4Cs (38%), design (37%), and certification (36%). Traceability matters to 70% of natural diamond intenders, while 80% say value-added services significantly boost their purchasing confidence.

The issuer is solely responsible for the content of this announcement.

FTSE Russell on April 7 published the results of its March semi-annual country classification review for countries monitored by its global equity and fixed income indices. The March interim assessment considered progress in enabling access to global brokers, which is essential to support index replication and meet the needs of the international investment community.

It recognises the progress made by the Vietnamese market authorities in evolving market infrastructure, including the removal of the prefunding requirement for foreign institutional investors through the implementation of a non-prefunding model and the establishment of a formal process for handling failed trades.

Since the September 2025 annual review, Vietnam has continued to advance the development of the Global Broker model. Regulatory bodies, onshore and global brokers, custodians, and buy‑side firms have aligned on the key operational components needed for implementation, with the remaining work focused on finalising bilateral agreements between global and local brokers.

FTSE Russell notes that Vietnam has demonstrated sufficient progress ahead of the planned reclassification in September. It confirmed that Vietnam meets all criteria for secondary emerging market status under the FTSE Equity Country Classification Framework, and will continue to monitor developments closely ahead of the September date.

David Sol, global head of Policy at FTSE Russell, said, "We welcome the continued progress made by the Vietnamese market authorities in aligning with international standards. The March interim review confirms that the key enhancements required to support the planned reclassification in September 2026 remain on track.”

To support an orderly transition and accommodate local market capacity considerations, Vietnam’s inclusion in FTSE Russell’s global equity indices will be implemented in multiple tranches, beginning in September and concluding in 2027.

FTSE Russell clarifies Vietnam’s reclassification roadmap for 2026 FTSE Russell has released the plan to implement the reclassification of Vietnam from frontier to secondary emerging market status.

Vietnam steps up market reforms as FTSE Russell reviews upgrade progress On February 5 at the Ministry of Finance (MoF), Deputy Minister Nguyen Duc Chi received a working delegation from FTSE Russell, led by CEO Fiona Bassett.

SSC steps up engagement with FTSE Russell on market reforms The State Securities Commission of Vietnam is strengthening its engagement with FTSE Russell to advance market reforms and deepen Vietnam’s integration into global capital markets.