Today, 1 July 2025, Vietnam’s new two-tier local governments started after consolidating from 63 to 34 provinces and cities, a sweeping administrative reform that would be unthinkable in many countries due to its complexity. What’s most remarkable is not just the scale of this change, but the speed. From the time General Secretary Tô Lâm […]
Free Public Schooling in Vietnam: A National Milestone Vietnam has announced a nationwide free public school tuition policy for all students, a landmark decision that underscores a broader shift in national priorities. After some years of relatively modest growth in education spending, the government is now placing human capital at the center of its State […]
Summary of Q1 2025 results and outlook of Dat Xanh Real Estate Services (DXS VN) The real estate market recorded moderate new supply, as many projects approved in late 2024 and early this year needed more time to complete launch sales procedures. Hanoi continued to lead new supply, while HCMC remained constrained by legal hurdles. […]
According to The City Pulse 2025 report by the Gensler Research Institute, Ho Chi Minh City ranks as the second most magnetic city in the world – just behind Taipei and ahead of global heavyweights like Singapore, Seoul, and Los Angeles. This ranking reflects more than just buzz or beauty. “Magnetic” cities are those that […]
Summary of Q1 2025 results and outlook of Sabeco JSC (SAB VN) Sabeco reported a Q1 2025 decline in net revenue by 19.1% y/y to VND5,811bn, mainly due to lower beer consumption following the implementation of Decree 168/2024, which raised drink-driving penalties. Beer sales (88.2% of total sales) declined 15.3% y/y with volumes at 274 […]
Summary of Q1 2025 results and outlook of Vinamilk JSC (VNM VN) Net revenue declined 8.3% y/y to VND12,935bn in Q1/2025, mainly due to a 12.9% fall in local sales (77.4% of total) following the strategic phase-out of underperforming distributors in the traditional channel. Although the average selling price rose by 2% to partially pass […]
Summary of Q1 2025 results and outlook of Hoa Phat Group JSC (HPG VN) Vietnam steel market posted double-digit growth in Q1/2025, defying global trade turbulence. Total steel consumption rose 12.2% y/y to 7.5mn tons on the back of robust domestic demand —supported by accelerating public investment and a gradual recovery in the real estate […]