Vietnam
Coverage of Vietnam in the Nexus archive.
- The Iran war is forcing families to choose between school for their kids or survival
The Iran war has caused spikes in gasoline prices, forcing poor families in Cambodia to choose between children's education and basic survival needs like food and fuel. This crisis is compounded by climate change affecting waterways like the Tonle Sap, leading many children to skip school or drop out entirely. The struggle affects multiple regions, including Vietnam, where high diesel costs impacted fishing livelihoods.
- Vietnam’s SCIC Plans Broad Divestment as FTSE Upgrade Nears
Vietnam’s state investment arm plans to exit dozens of companies over the next four years through a broad divestment. This move is designed to free up capital and potentially boost the supply of tradable shares. The divestment coincides with Vietnam's preparation for its elevation to emerging-market status.
- Vietnam’s VinSpace signs deal with Elon Musk’s SpaceX to launch its first satellites in 2027
Vietnamese aerospace company VinSpace has signed a contract with SpaceX, allowing it to launch its first satellites in 2027. This deal marks a major development for Vietnam's space industry.
- Vietnam’s VinSpace signs deal with Elon Musk’s SpaceX to launch its first satellites in 2027
Vietnamese aerospace company VinSpace signed a contract with SpaceX to launch its first satellites in 2027 via a rideshare mission. The operation utilizes a SpaceX Transporter mission, allowing multiple customers to share launch costs. This agreement supports VinSpace's goal of becoming a full-service aerospace company and contributes to Vietnam's developing space industry.
- Vietnam’s VinSpace signs deal with Elon Musk’s SpaceX to launch its first satellites in 2027
Vietnamese aerospace company VinSpace signed a contract with SpaceX to launch its first satellites into orbit in 2027 aboard a rideshare mission. This agreement supports Vietnam’s efforts to develop its space industry, allowing the company to test its technology and expand into a full-service aerospace operation.
- DatVietVAC Advances Vietnam IPO as It Looks to Korea Playbook
DatVietVAC Group Holdings, a producer of highly-rated television programs in Vietnam, is planning an initial public offering (IPO). The company's strategy involves seeking to replicate the successful model of South Korea's entertainment giants.
- Climate change squeezes Malaysian durian growers as they chase China's booming market
Malaysian durian growers like Stephen Chow face financial losses due to climate change impacts, including extreme weather and rising costs, while competing in a China-driven export market dominated by Thailand and Vietnam. China's demand for durians has boosted production in Malaysia, but oversupply and lower prices threaten profitability.
- Climate change squeezes Malaysian durian growers as they chase China's booming market
Malaysian durian growers like Stephen Chow face financial losses due to climate change impacts, rising fuel and fertilizer costs, and competition from Thailand and Vietnam in China's booming durian market. Extreme weather events and oversupply have reduced yields and prices for premium varieties like Musang King and Black Thorn.
- Hong Kong lawmaker fears Fun Coffee crypto scam duped over 1,000 as losses mount
A Hong Kong lawmaker warns that a Vietnam-based crypto scam operated by Fun Coffee may have over 1,000 victims, with reported losses reaching HK$104 million and 225 complaints filed. An investor's team reported losing HK$14 million, and six individuals have been arrested on fraud charges.
- Vietnam’s Techcombank Seeks $1 Billion, Joining Rush for Funds
Vietnam's Techcombank is seeking a $1 billion loan for regular business operations, which would be one of the largest debt deals in the Southeast Asian nation this year.
- Apparel retailers are turning to AI as supply chain regulations tighten in the US and Europe
Apparel retailers like ASOS, H&M, and Gap are adopting AI to manage supply chain risks and comply with tightening regulations in the US and Europe. AI platforms help automate compliance documentation, trace complex supply chains, and identify risks faster in response to laws such as extended producer responsibility and digital product passports.
- In Vietnam, diamonds are not forever after smuggling ring bust
A major diamond smuggling network in Vietnam has caused a decline in trust and sales in Ho Chi Minh City's jewelry industry. Authorities allege over 30,000 smuggled diamonds worth 1.5 trillion dong (US$57 million) were brought into the country.
- The 10 best budget travel destinations around the world
The article highlights budget-friendly travel destinations, focusing on Vietnam's affordable $1 pho and 4,000 islands, as well as Nepal's Himalayan teahouse treks offering dal bhat meals and free refills.
- Chinese surgical robots break into Vietnam market as Beijing takes aim at US dominance
China has approved domestically developed surgical robots for use in Vietnamese hospitals, challenging Western dominance in high-end medical equipment. The robots are registered and installed in several leading medical facilities in Vietnam, with plans to deepen bilateral cooperation in robotics.
- Small changes in Hanoi’s streets can mean big disruptions for those who depend on them
Hanoi is investing $2.4 billion in 2026 for urban redevelopment projects, including flood controls and infrastructure upgrades, but residents like Nguyen Thi Nhan face displacement and unresolved compensation issues. The city’s $28 billion Red River redevelopment and a $35.2 billion Olympic sports area aim to modernize Hanoi, though risks include rising property prices and capital diversion from tech industries.
- Hanoi’s residents endure upheavals as it transforms itself to match Vietnam’s economic ambitions
Hanoi is undergoing rapid redevelopment with $2.4 billion spent in 2026 on nearly 1,500 projects, including a new ring road and flood controls. Residents like Nguyen Thi Nhan face displacement without compensation as the city builds infrastructure to support Vietnam’s economic growth, including a $28 billion Red River redevelopment and a $35.2 billion Olympic sports area by Vingroup.
- Hanoi’s residents endure upheavals as it transforms itself to match Vietnam’s economic ambitions
Hanoi is undergoing its largest transformation in a century with billions invested in new roads, urban districts, and flood-control systems to align with Vietnam's economic ambitions. Residents are experiencing upheavals as the city reshapes its infrastructure.
- Recall alert: 11M cartons of Rohto Cooling Eye Drops recalled
The FDA classified a recall of over 11 million cartons of Rohto Cooling Eye Drops as a Class II recall due to potential sterility issues. The recall, initiated by Rohto-Mentholatum (Vietnam-based company), affects multiple variants of the eye drops, with the FDA noting temporary or reversible health risks if used.
- Vietnam to host US aircraft carrier despite Trump’s tariffs, Iran war chaos
Vietnam is hosting the US nuclear-powered aircraft carrier USS George Washington in Da Nang, signaling the resilience of US-Vietnam relations amid trade tensions and global instability. The carrier, part of the US Navy’s Seventh Fleet, is expected to dock for several days, though exact dates remain unconfirmed.
- Vietnam’s biggest company, Vingroup, expands overseas as its home market slows
Vietnam’s biggest conglomerate, Vingroup, is expanding into global markets as business at home slows. The company, referred to as Vietnam’s biggest company, is seeking growth opportunities abroad amid domestic challenges.
- Vietnam’s great banking clean-up is only the beginning
Vietnamese banks began deleting over 86 million bank accounts in September 2023 due to biometric verification requirements set by the State Bank of Vietnam (SBV). Only 113 million personal and 711,000 organizational accounts survived, with nearly 43% of total accounts deemed dormant.
- Vietnam’s smart-port push opens another door to Washington
Vietnam is modernizing Da Nang's maritime infrastructure, aligning with its foreign policy priorities of economic modernization, technological self-reliance, and enhanced maritime awareness in the South China Sea. This effort is linked to broader strategic ties with Washington.
- Survivors rise to 48 with more missing after Vietnamese ship sinks in South China Sea
A Vietnamese cargo ship sank in the South China Sea near Fiery Cross Reef, resulting in 48 survivors and 14 missing. Multinational rescue efforts involving Vietnam, China, and the Philippines are underway. The incident occurred during bad weather, with rescue operations coordinated by Vietnamese authorities and supported by Chinese and Philippine teams.
- Days disrupted: Across the world, the Iran war is reshaping everyday life
The war in Iran has caused global disruptions, affecting oil markets, fuel prices, and everyday life in seven countries. Personal stories highlight struggles with poverty and economic strain, including a father in the Philippines using laundry soap for bathing and a family in the U.S. relying on food pantries due to rising costs.
- Search for 17 missing crew after Vietnamese cargo ship sinks in South China Sea
A Vietnamese cargo ship, Khoi Nguyen 18, sank in bad weather near Fiery Cross Reef in the South China Sea, leaving 17 crew members missing. A multinational search involving Vietnamese, Philippine, and Chinese rescuers is underway, with 45 crew members already recovered. The incident occurred in a disputed area claimed by China, which is part of the broader Spratly Islands conflict.
- Vietnamese vessel sinks in South China Sea, 23 missing
A Vietnamese-registered cargo ship carrying 62 crew members sank near Yongshu Reef in the South China Sea, with 23 people now missing. The incident occurred in one of the world's most important and contested maritime spaces.
- Why new US tariffs threaten Trump government’s credibility in Asean
The US imposed new tariffs on seven Southeast Asian countries, including the Philippines, Singapore, Thailand, and Vietnam, citing forced labour practices. Analysts warn this reinforces perceptions of Washington as an unreliable partner in the region.
- Panetta on Iran war: US ‘in deep trouble’
Leon Panetta said the United States is in 'deep trouble' with the Iran war, comparing it to the U.S.'s drawn-out conflict in Vietnam. He warned that 'history tells us that forever wars do not end well' during an interview with CNN.
- I burned myself out growing my company. 2 months in Vietnam changed how I define success.
Sierra Balgar founded City Girl Golf in May 2023 but burned out while growing the organization. She took a two-month break in Vietnam to recharge, which inspired her to adopt a more balanced approach to success.
- Trump appears to downplay Iran war deaths in posts comparing them to other conflicts
Trump appears to downplay Iran war deaths in posts comparing them to other conflicts. He specifically compares the number of deaths to totals from Vietnam and Afghanistan.
- International criminal groups use technology to expand in and beyond Asia, UN report says
A UN report reveals Southeast Asia-based criminal groups use integrated networks and technology to expand an illicit economy, with scams projected to cause $88.3B to $114.1B in losses by 2025. The report highlights AI-driven child exploitation, drug trafficking, and money laundering, as well as expanded transnational crime networks reaching beyond Asia.
- International criminal groups use technology to expand in and beyond Asia, UN report says
A UN report reveals Southeast Asia-based criminal groups are leveraging technology to expand an illicit economy with global reach, causing estimated $88.3–$114.1 billion in scam-related losses by 2025. The report highlights risks to children from AI-generated child sexual abuse content, online gaming, and sex trafficking, alongside growing drug, wildlife, and human trafficking networks in Asia and beyond.
- International criminal groups use technology to expand in and beyond Asia, UN report says
Southeast Asia-based criminal groups are using integrated networks and technology to expand illicit activities globally, with scams projected to cause $88.3–$114.1 billion in losses by 2025. A UN report highlights threats to children via AI-generated abuse content, online gaming, and sex trafficking, alongside expanding drug, wildlife, and human trafficking in Asia.
- International criminal groups use technology to expand in and beyond Asia, UN report says
The UN report highlights how Southeast Asia-based criminal groups use technology to expand their illicit economy, causing up to $114.1 billion in scam losses by 2025, and increasing threats to children through AI and online exploitation, alongside expanding drug and wildlife trafficking in Asia and beyond.
- Bus bursts into flames after crash in southern Vietnam, killing 7
A sleeper bus crashed into roadside embankments near Dong Nai City in southern Vietnam, burst into flames, killing seven people and injuring five. The driver, Tran Thanh Hai, reported the fire spread too quickly for passengers to evacuate, and firefighters took 30 minutes to control the blaze. The cause of the crash and fire remains under investigation.
- Binance & OKX users face $1900 fines in Vietnam, Coinbase in China? Asia Express
Retail users in Vietnam trading on offshore crypto exchanges like Binance or OKX face heavy penalties. A controversy emerged in Malaysia over a ban on an Israeli citizen at Network School.
- Vietnam sets fines for unlicensed crypto trading ahead of regulation rollout
Vietnam has introduced fines of up to $1,9000 for cryptocurrency violations, including unlicensed trading and breaches of anti-money laundering (AML) rules, in preparation for the launch of its regulated crypto market.
- For retired businessman and lifelong sailor, trust anchors the process of building wealth
Duke Ha, a retired construction businessman and avid sailor from Vietnam, emphasizes trust as central to his professional and personal success. He splits his time between Vietnam and Singapore, maintaining a hospitality business while reflecting on a process-driven approach to building wealth.
- Australian man detained by ICE in Los Angeles after earlier arrest attempt in Las Vegas
An Australian man, Phu Nguyen, 57, originally from Vietnam, was detained by US Immigration and Customs Enforcement (ICE) in Los Angeles after an earlier attempted arrest in Las Vegas was interrupted by bystanders. Nguyen had overstayed his visa, according to ICE.
- Japan, Vietnam exploring joint work on ‘fast landing craft’
Japan and Vietnam are exploring joint development of 'fast landing craft'. The potential collaboration is linked to strengthening security ties between Tokyo and Hanoi.