Business

The Vietnam National Day Gift initiative marks a significant gesture from the government. Announced just ahead of the 80th anniversary of the August Revolution and National Day on September 2, this program distributes 100,000 VND (about 4 USD) to every eligible citizen. For foreign investors, it signals strong economic confidence. Moreover, it could enhance consumer spending, indirectly supporting sectors...

Defining High-End Travelers High-end travelers are categorized into five levels based on net worth. Individuals with assets under $1 million fall into the first group. However, those exceeding $30 million belong to the top tier, known as the super rich. As wealth increases, so do expectations. For instance, super rich clients demand absolute privacy, private jet transfers, and stays on secluded...

Foreign Workers in Vietnam are transforming the nation's economy. Over 135,000 expatriates from 110 countries contribute skills and innovation. This trend attracts foreign investors eyeing real estate and business opportunities. As Vietnam grows, these workers drive demand for housing and infrastructure. Current Landscape of Foreign Workers in Vietnam Vietnam hosts a vibrant mix of international...

Vietnam Education Investment continues to attract global attention. RMIT University Vietnam, an Australian institution with campuses in Ho Chi Minh City and Hanoi, reported impressive financial results for 2024. Its total revenue reached approximately $145 million USD (equivalent to 223.5 million AUD or 3,831 billion VND). This marks a slight 1% dip from 2023. However, the figure highlights RMIT's...

Hanoi National Day Celebrations are transforming the city's streets into a sea of red and yellow flags. As Vietnam prepares for the 80th anniversary of the August Revolution and National Day on September 2, residents and businesses alike are decorating with enthusiasm. This vibrant display not only honors the nation's history but also signals growing economic vitality, appealing to foreign investors eyeing...

Gia Binh International Airport groundbreaking ceremony took place on August 19, 2025, in Bac Ninh province. This event marks a significant step for Vietnam's aviation infrastructure. As the largest international airport in Northern Vietnam, it promises to enhance connectivity and drive economic growth. Foreign investors eyeing real estate and investment opportunities will find this development particularly...

Vietnam FDI is captivating global investors with its impressive growth trajectory. As a dynamic economy in Southeast Asia, Vietnam has positioned itself as a prime destination for foreign direct investment (FDI). Recent data shows inflows reaching $38.23 billion in 2024, up from $36.61 billion in 2023. Moreover, the first half of 2025 recorded $21.51 billion, marking a 32.6% year-on-year increase. This...

Introduction to Da Nang’s Metro Vision Da Nang, a vibrant coastal city in Vietnam, is poised for a transformative infrastructure leap with the proposed Da Nang Metro project. Spearheaded by the city’s leadership, this ambitious urban railway initiative aims to connect Da Nang with Hoi An and Chu Lai, slashing travel times to just 20 and 40 minutes, respectively. The project, valued at approximately $5...

By late 2025, Vietnam will officially launch two international financial centers in Ho Chi Minh City (HCMC) and Da Nang, as approved by the Prime Minister. This strategic move aims to attract global investment, drive economic growth, and elevate Vietnam’s position on the global financial map. With massive capital needs for infrastructure projects, this initiative is both an opportunity and a catalyst for...

In a positive sign for Vietnam's largest economic hub, Ho Chi Minh City (HCMC) has recorded over $5.23 billion in remittances during the first six months of 2025. This figure represents a modest increase compared to the same period in 2024, when inflows hit approximately $5.2 billion with a sharper 20% growth. According to data from the State Bank of Vietnam's HCMC branch, the steady flow underscores the...