<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/11/28/467918_5335944925323666_%C3%81.png" alt=""></figure></td></tr><tr><td>Delegates cut the ribbon to open the&nbsp;AEON Bình Dương Midori Park in the Midori Park Square commercial area, in Bình Dương Ward, HCM City, on November 27.&nbsp;— Photos courtesy of the company</td></tr></tbody></table></figure>BÌNH DƯƠNG — AEON Vietnam officially opened AEON Bình Dương Midori Park, a Super Supermarket (SSM) model located in the Midori Park Square commercial area, in Bình Dương Ward, HCM City, on November 27.Tezuka Daisuke, Executive Officer, Chief Vietnam Business Officer of AEON Group, General Director of AEON Vietnam, said that the Vietnamese retail market still holds significant growth potential, as modern retail channels currently account for only about 12 to 15 per cent of the market share.&nbsp;In 2024, AEON Vietnam recorded revenue reaching 120 per cent compared to the same period last year, continuing to be the fastest-growing market outside Japan in the region. This result stems from the strategy of diversifying retail formats and expanding the national store network."The opening of AEON Bình Dương Midori Park represents the next step in scaling the Super Supermarket (SSM) model in new urban areas, aiming to expand the business to more than three times its current scale by 2030," said&nbsp;Daisuke.&nbsp;<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/11/28/467920_5335947066945837_a2.png" alt=""></figure></td></tr><tr><td>The super supermarket at AEON Bình Dương Midori Park offers a wide variety of products.</td></tr></tbody></table></figure>Expected to become a new destination for meeting the daily shopping needs of local customers, AEON Bình Dương Midori Park embodies a modern, green, and civilised lifestyle right in the heart of dynamic Bình Dương.&nbsp;It aims to be a daily shopping destination, providing convenient access for urban residents while offering high-quality products, services, and shopping experiences at the “AEON standard,” allowing customers to fully enjoy everyday life.With a total area of over 2,800sq.m, the shopping space is thoughtfully arranged into two main areas, including the Super Supermarket (SSM) covering more than 1,500sq.m and the Delica dining area spanning nearly 500sq.m.<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/11/28/467921_5335948126027609_A3.png" alt=""></figure></td></tr><tr><td>A wide range of AEON’s private brand products are introduced to customers at AEON Bình Dương Midori Park.&nbsp;</td></tr></tbody></table></figure>The self-service dining area is designed to provide a wide variety of ready-made products so customers can easily choose what they like while saving time. AEON Bình Dương Midori Park also brings together popular dishes from different cultures, including Japanese, Vietnamese dishes and Korean options.AEON Bình Dương Midori Park focuses on offering a diverse range of products to meet the needs of modern families. Customers can easily choose convenient Ready-to-cook (RTC) items such as fresh meat, fish, organic vegetables, and frozen foods, helping them save time in meal preparation.<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/11/28/467922_5335948897167658_kiosk.png" alt=""></figure></td></tr><tr><td>AEON Bình Dương Midori Park enhances the shopping experience, helping customers choose their meals easily and make quick payments.&nbsp;</td></tr></tbody></table></figure>Customers can also enjoy “Only at AEON” products from AEON’s private brands. Among them, TOPVALU offers signature food items such as salmon and eggs, while the HÓME CÓORDY household line provides minimalist, practical solutions for everyday living.To enhance the shopping experience, AEON Bình Dương Midori Park has implemented modern technology solutions, such as AI-powered scales and advanced Face ID lockers. All POS counters are fully synchronised to support payments for all product types, ensuring a fast and convenient checkout process.&nbsp;In addition, digital conveniences are also integrated into the Self-Ordering Kiosk (SOK) area and the Semi-Self Cashier (SSC) counters, creating a smarter and more seamless shopping journey for customers at AEON Bình Dương Midori Park.— VNS

AEON Vietnam officially opened AEON Bình Dương Midori Park, a Super Supermarket model located in the Midori Park Square commercial area, in Bình Dương Ward, HCM City, on November 27.

AEON opens AEON Bình Dương Midori Park in Bình Dương

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/11/29/467881_5335855937211232_image.png" alt=""></figure></td></tr><tr><td>The building of the Landmark 81&nbsp;developed by Vingroup. Shares of the property developer surged 5 per cent on Friday, leading the market's upbeat. — Photo courtesy of the company</td></tr></tbody></table></figure>HÀ NỘI — The market closed the week with significant divergences among sectors, yet the VN-Index managed to keep its upward trend, buoyed by strong performances from Vin stocks.&nbsp;The Hochiminh Stock Exchange (HoSE)’s benchmark index rose by 6.67 points, or 0.4 per cent, to 1,690.99 points.The trading session was marked by volatility, particularly in the afternoon, as the index continually tested its reference level.&nbsp;Despite this, decliners still dominated the southern exchange with 185 sliding stocks compared to 106 advancing ones.Liquidity saw a rise from the previous session, with the HoSE recording over 723.2 million shares traded, amounting to VNĐ24.7 trillion (US$900.6 million).The VN-Index also recovered, up 2.74 points, or 0.14 per cent, to 1,923.92 points. Within the VN30 basket, downward movements outnumbered gains, with 17 stocks declining compared to 10 gaining and 3 remaining unchanged.Stocks from the Vin group once again played a pivotal role in supporting the index with notable contributions from Vingroup (VIC), Vinpearl (VPL) and Vinhomes (VHM).&nbsp;Additionally, Vinamilk (VNM) climbed 3.23 per cent, further reinforcing market stability.&nbsp;In contrast, several stocks, such as Vietcombank (VCB), FPT Corporation (FPT), Gelex Electricity (GEE) and BIDV (BID), faced downward pressure on the overall index.On the Hanoi Stock Exchange (HNX), the HNX-Index experienced a more negative trend, influenced by declines in Vinacomin - Minerals Holding Corporation (KSV), hitting the floor price, while Sunshine Group (KSF) dropped 1.08 per cent, Tasco (HUT) dipped 3.49 per cent and Saigon - Hanoi Securities (SHS) lost 1.87 per cent.Ultimately, the index closed down by 1.52 points, or 0.58 per cent, at 259.91 points.Foreign investors returned to the market with net buying of over VNĐ334.2 billion on the HoSE, focusing their purchases on VNM, VIC, VIX Securities (VIX) and VPBank (VPB). On the HNX, foreign investors also recorded a net purchase of more than VNĐ14.22 billion.The trading patterns of foreign investors have shown improvement over the last four sessions, with a contraction in net selling and instances of increased buying activity during the trading day. This positive shift in investor sentiment may signal a strengthening market outlook moving forward. — BIZHUB/VNS&nbsp; &nbsp;

Foreign investors returned to the market with net buying of over VNĐ334.2 billion on the HoSE, focusing their purchases on VNM, VIC, VIX Securities (VIX) and VPBank (VPB).

Market mixed, Vin stocks continues to lead gains

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/11/27/467325_vinf.jpg" alt=""></figure></td></tr><tr><td>VinFast factory in Hà Tĩnh Province. International integration also helps enhance domestic capabilities, strengthen economic independence and self-reliance as the country aims to develop into a regional manufacturing and logistics hub. VNA/VNS Photo Công Trường</td></tr></tbody></table></figure>HÀ NỘI — International integration has become a central driver of Việt Nam’s development strategy as it propels the nation into the new era, amid intensifying geopolitical and economic competition and increasing demand for digital and green transitions.Over four decades of economic reform, Việt Nam’s international integration process has delivered significant results. International integration has become a critical driver of strengthening domestic capacity and advancing national development.From an underdeveloped economy, Việt Nam has grown into one of the world’s largest economies with its economic scale expanding nearly 100-fold since 1986, and per capita income moving from under US$100 to nearly $5,000. The country has also established trade relations with 230 economies and signed a raft of major free trade deals.Việt Nam is now also among the world’s top 20 countries in trade and one of the 10 largest remittance recipients, underscoring the country’s rising position in the global economic system.However, economists say that the next phase of development will depend not only on consolidating existing gains but also on effectively seizing new opportunities amid global volatility.Geopolitical tensions and global production shifts have made Việt Nam – a country with political stability, improving business climate and an extensive free trade agreement (FTA) network – an increasingly attractive investment destination.Industry 4.0 is also opening new opportunities for productivity and quality growth while e-commerce and the digital economy are enabling market expansion more easily beyond traditional geographic and logistical barriers.Global push toward sustainable development, green growth and renewable energy is also creating room to attract quality investment and enhance the country’s image in the international arena.As these shifts require a more flexible, comprehensive and intensive integration, Resolution 59 on international integration, adopted earlier this year by the Communist Party of Việt Nam, is deemed a landmark policy that defines international integration as a strategic engine to guide Việt Nam into the new era.The resolution targets placing Việt Nam among the world’s top 40 countries in the global innovation index, ensuring at least 40 per cent of enterprises engage in innovation and positioning the country as a competitive destination for tourism within the global top 30 as well as largely fulfilling the UN's Sustainable Development Goals.Building inner strengthTrần Lê Hưng from France’s Gustave Eiffel University said the resolution would provide a foundation for transforming Việt Nam into a country with a more proactive voice on the international stage. He expected that Việt Nam could see a fundamental shift in economic and political standing within the next decade.International integration would also help upgrade domestic capability, strengthen economic independence and self-reliance as the country aims to develop into a regional manufacturing and logistics hub and to play a more active role in global value chains, moving toward innovation-led growth.Challenges exist, however, according to Phan Cao Nhật Anh, deputy director of the Institute for South Asian, West Asian and African Studies under the Vietnam Academy of Social Sciences. He pointed to rising threats such as cyberattacks, data security risks, food and energy insecurity, unfair competition, unsustainable growth and hostile forces.Draft documents prepared for the 14th National Party Congress, slated for January next year, highlight the need for a coordinated and innovative approach to diplomacy and international integration, closely aligned with Resolution 59.Translating the resolution into concrete measures will enable Việt Nam to maximise domestic potential, better utilise external resources and expand its development space, policymakers stress.The National Assembly is considering passing a separate resolution on special mechanisms and policies to enhance the efficiency of international integration, including tax, infrastructure and financial incentives for enterprises to promote international integration, digital transformation, green production and global supply chains.Resolution 59 is also being implemented alongside other core policy frameworks, including those on science and technology and innovation and private sector development, which together help strengthen Việt Nam from within.Prime Minister Phạm Minh Chính said Việt Nam continued to expand and upgrade its network of partnerships, with the signing of over 260 international commitments and agreements so far this year, about twice the number made in 2024.The PM also called for stronger oversight and follow-up mechanisms to ensure effective implementation of international commitments, urging ministries and local governments to focus on removing bottlenecks to facilitate implementation.He also emphasised the need to step up economic diplomacy, expand markets for Vietnamese goods, particularly agricultural products, and strengthen participation in global supply and value chains.Leveraging trade deals<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/11/27/467326_port.jpg" alt=""></figure></td></tr><tr><td>&nbsp;</td></tr></tbody></table></figure>Minister of Industry and Trade Nguyễn Hồng Diên said the ministry would continue negotiating and effectively implementing FTAs.The focus would be on addressing existing bottlenecks to better leverage the 17 FTAs currently in force, while pushing ahead with efforts to expand and diversify export markets.Priority would also be given to studying new and high-potential markets with untapped room for growth in the Middle East, Africa and Latin America.Việt Nam also planned to launch negotiations on a preferential trade agreement with Pakistan and push ongoing reciprocal trade negotiations with the US, with the aim of securing the most favourable commitments for Việt Nam and promoting a comprehensive, fair, balanced and sustainable FTA, Diên said.According to Phạm Quỳnh Mai, deputy director of the ministry’s Multilateral Trade Policy Department, it is critical to consistently and effectively implement the strategic orientations set out by Resolution 59.It is necessary to make full use of existing FTAs to boost exports, expand markets and drive growth.Việt Nam will also study new and high-potential markets, particularly in the Middle East, Africa and Latin America while advancing negotiations on new FTAs, including with the European Free Trade Association, the Mercosur bloc in the Americas, the Gulf Cooperation Council, Pakistan, and Egypt.International trade would remain a key growth driver for Việt Nam through 2030, with the industry and trade sector continuing to play a leading role in advancing international economic integration, said Nguyễn Minh Khôi, public policy specialist at the Tony Blair Institute for Global Change.He said policy initiatives such as an FTA portal, a related performance index and a comprehensive model to support enterprises along value chains could significantly improve Việt Nam’s export performance.As new-generation FTAs increasingly emphasise standards related to environmental protection, carbon emissions, labour rights and digital data, the Ministry of Industry and Trade should provide support to enterprises in accessing green finance, clean technologies and digital traceability systems so that they can meet new international standards and strengthen competitiveness.Việt Nam could proactively propose updates, adjustments or expansions to existing FTAs to address challenges related to the digital economy, technology and sustainable trade which are reshaping the global economic landscape, he added. VNS

From an underdeveloped economy, Việt Nam has grown into one of the world’s 32 largest economies with its economic scale expanding nearly 100 folds since 1986 and per-capita income from below $100 to nearly $5,000.

Integration a central pillar for new direction

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/11/22/466107_img-20251121-110539-1763697970.jpeg" alt=""></figure></td></tr><tr><td>The Kinh tế &amp; Đô thị (Economic &amp; Urban Affairs) newspaper organised a forum digital economy development in Hà Nội on Friday.— Photo&nbsp;kinhtedothi.vn</td></tr></tbody></table></figure>HÀ NỘI — Digital urban governance is seen as a strategic breakthrough, helping Hà Nội reduce transaction costs, improve transparency and complete its digital ecosystem. This, in turn, lays the foundation for building a smart city and a regional centre for innovation.The Kinh tế &amp; Đô thị (Economic &amp; Urban Affairs) newspaper organised a forum on digital economy development in Hà Nội on Friday.In his opening speech, Nguyễn Thành Lợi, editor-in-chief of the Economic &amp; Urban Affairs newspaper, stated that the Party and the State had identified digital transformation and the development of the digital economy as long-term strategic directions.Resolution No 57-NQ/TW, along with a series of national programmes on the digital economy and digital society, have set clear targets: bringing the share of the digital economy to 20 per cent of GDP by 2025 and around 30 per cent by 2030.For Hà Nội, the goals are even higher than the national average. The city aims for the digital economy to contribute 25–30 per cent of GRDP by 2025, reaching 40 per cent by 2030.This is not only a growth target but also reflects the determination to build a new growth model based on technology, data and innovation, he said.The digital economy is helping Việt Nam enhance its international competitiveness, attract high-quality investment and increase value in global supply chains, said Professor&nbsp;Dr&nbsp;Nguyễn Thường Lạng from the National Economics University.The implementation of national data platforms, improving the digital legal framework and promoting creativity are key pillars for Việt Nam to integrate more deeply and sustainably into the global economy, he added.For Hà Nội, the potential for developing the digital economy is much greater than many other localities, thanks to relatively complete technological infrastructure, a high-quality workforce and rapid urbanisation.Dr&nbsp;Nguyễn Đức Kiên, former deputy chairman of the National Assembly’s Economic Committee, affirmed that the digital economy is becoming one of the most important development spaces for major cities around the world.Hà Nội has all the necessary conditions to become a regional innovation centre, he noted.However, along with opportunities, there are significant structural challenges, especially for small and medium-sized enterprises (SMEs), which account for over 97 per cent of businesses in the capital.According to a survey by the Hanoi Association of Small and Medium Enterprises (HANOISME), 54 per cent of SMEs in Hà Nội do not have a dedicated IT department, and 62 per cent reported insufficient budgets to implement systematic digital transformation.The lack of standardised data, high compliance costs and increasingly stringent international standards create barriers that prevent businesses from keeping up with market speed.Building digital urban governanceAt the forum, experts agreed that the digital economy could only develop when urban governance played the role of the backbone.Dr&nbsp;Nguyễn Đức Kiên pointed out systematic limitations such as the lack of data interoperability between agencies, adding that work processes were still heavily dependent on traditional paperwork, which results in high transaction costs for citizens and businesses.A modern government needs to operate based on data, online public services, automated processes and high transparency, he added.This is the foundation for creating a smart city, where all interactions between citizens, businesses and the state are fast, efficient and paperless, said Kiên."Urban governance must be the strongest driving force in digital transformation," he emphasised. Kiên also said that a smart city must be citizen-centred.Hà Nội faces numerous challenges such as traffic congestion, air pollution and overpopulation.Developing a smart public transport system, digitising bus operations and connecting them with the metro would help citizens reduce waiting times and improve the use of public transport, he noted.Going further, Kiên suggested that building digital urban governance should be associated with popularising digital thinking among citizens.When people become familiar with online public services, digital payments and interacting with the government through data platforms, the entire urban ecosystem will shift towards a more civilised and sustainable direction, he said.Digital transformation not only creates growth value but also contributes to protecting consumers' rights, ensures social security and clarifies the characteristics of a socialist-oriented market economy, he noted. — VNS

Hà Nội aims for the digital economy to contribute 25–30 per cent of GRDP by 2025, reaching 40 per cent by 2030.

Digital economy opens new growth drivers for Hà Nội

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/11/22/466103_trungtamtrongtaiAPEC.jpg" alt=""></figure></td></tr><tr><td>An opening ceremony for the&nbsp;APEC Việt Nam International Commercial Arbitration Centre office in Đà Nẵng. It's the first time an international Arbitration centre has been introduced in central Việt Nam.&nbsp;— Photo courtesy of Đà Nẵng City's Start-up Innovation Centre</td></tr></tbody></table></figure>ĐÀ NẴNG — Đà Nẵng has taken another step towards becoming a regional financial and legal hub with the launch of the APEC Việt Nam International Commercial Arbitration Centre’s branch in the city, aiming to give businesses and investors faster, more transparent options for resolving disputes.The APEC Việt Nam International Commercial Arbitration Centre has introduced its branch centre in the central city to promote commercial arbitration and mediation support activities for businesses and investors with dispute settlement in central Việt Nam.Director of the city’s Science and Technology Department Nguyễn Thanh Hồng said the establishment of the centre plays an important role in fulfilling the city’s legal ecological system and leading to the founding of an International Finance Centre (IFC) in Đà Nẵng.Chairman and General Director of the APEC VICA Đà Nẵng branch Đỗ Văn Chước said the centre will boost co-operation with the on-building IFC and expand activities in Đà Nẵng and neighbouring provinces and cities in central Việt Nam.It is a positive step in providing legal settlement for trade and intellectual property disputes as well as improving transparency and publicity, and building trust among global investors, he said.Đà Nẵng has been seeking co-operation from partners in Europe, the UK, Switzerland, the UAE and the US in building the first ever IFC, including international finance human resources education and training.The city, which has been designed as a hub for green finance, financial technology and digital services, is planning a 9.7ha site to develop 33 fintech services and an additional land fund of 62ha for the IFC's infrastructure development to attract investors.A series of Memorandums of Understanding were signed on educational cooperation and developing Đà Nẵng's IFC between partners including Makara Capital, Newtechco Group, Deutsche Bank Vietnam, United Oversea Bank, JP Morgan Chase, Terne Holdings, TMC Academy Singapore, Yuan Ze University in Taiwan, the Institute of Chartered Accountants in England and Wales and the Việt Nam Blockchain Association. — VNS

The APEC Việt Nam International Commercial Arbitration Centre has opened a branch in the central city to promote commercial arbitration and mediation services for businesses and investors involved in dispute settlement in central Việt Nam.

APEC arbitration centre debuts office in Đà Nẵng

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/11/20/463629_store.jpg" alt=""></figure></td></tr><tr><td>Stores along Chùa Bộc Street, Hà Nội. By the end of 2025, there will be around 230,000 active firms in the city, 97.2 per cent of which are private companies. — VNA/VNS Photo Trần Việt</td></tr></tbody></table></figure>Hà Nội is stepping up efforts to unlock the potential of the private sector and turn the sector into a key driver of socio-economic development, with strong actions already in place.Along with science, technology, innovation, and digital transformation, the capital city has identified the private sector as a key pillar of its economy, aiming to develop the sector into one of its most important growth engines, according to Trương Việt Dũng, deputy chairman of the municipal People’s Committee (the city's administration).The city aims to see 300,000–350,000 enterprises operating efficiently by 2030, or about 35 businesses per 1,000 residents, equivalent to levels in Malaysia.Private companies are expected to contribute to enhancing competitiveness and expand business and production in the region.Hà Nội has set a goal for the private sector to contribute 55-60 per cent of its gross regional domestic product (GRDP) by 2030, with at least three enterprises capable of joining global value chains.Under the city’s plan, by the end of 2030, the private sector will play a pioneering role in science and technology development as well as innovation and digital transformation, with at least 50 per cent of firms engaging in innovation, over 70 per cent of small and medium-sized enterprises (SMEs) using digital platforms and 70 per cent of SMEs achieving a full digital transformation.By the end of 2025, the number of active firms is expected to increase to 230,000 from the current 155,000 in Hà Nội, 97.2 per cent of which are private companies. The private sector is projected to contribute about 48 per cent of the capital city’s GRDP and create nearly 80 per cent of new jobs, or 200,000 positions per year.<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/11/20/463626_hanoi.jpg" alt=""></figure></td></tr><tr><td>Thanh Hà Market in Hà Nội. The capital has set a target for the private sector to contribute 55-60 per cent of its gross regional domestic product (GRDP) by 2030. — VNA/VNS Photo Khánh Hoà</td></tr></tbody></table></figure>Growing contributionsOfficial data also show that private investment is expanding at an average of 7 per cent per year, accounting for 57.8 per cent of the city's total investment.There are also more than 350,000 business households in the city, of which over 10,000 have annual revenue exceeding VNĐ1 billion, contributing significantly to trade and services.With a goal of GRDP growing by at least 8 per cent in 2025 to reach US$63.5 billion, Hà Nội hopes to promote the development of the private sector, digital transformation and innovation to improve productivity as well as encourage private enterprises to participate in global value chains.According to Dũng, Hà Nội’s private businesses have many strengths. They are dynamic, responsive and adaptable, with a strong spirit of entrepreneurship. Numerous enterprises have achieved international standards, helping to uphold Hà Nội as a creative, energetic and globally integrated city.However, most enterprises remain SMEs with limited capital, uneven management capacity, and weak links to value chains.More than 80 per cent of firms have less than VNĐ10 billion in capital and face difficulties in technology and participation in global supply chains.To address these challenges, the city is focusing on supporting innovation and digital transformation, developing a high-quality workforce, promoting supply chain links and improving mechanisms for green investment and international-standard governance.Following the issuance of Resolution 68 by the ruling Communist Party of Việt Nam on developing the private economy, Hà Nội has rolled out a series of policies and initiatives to streamline administrative procedures and improve planning transparency to attract investment.The city is also focusing on removing legal bottlenecks and improving access to land, credit and technology while promoting links between private firms and other economic sectors to establish supply chains.The municipal People’s Council (the city's assembly) in July issued Resolution 16 on support for SMEs from 2026 to 2030, a bold policy lever aimed at concretising the Party's goal of developing the private economy.<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/11/20/463628_hanoi2.jpg" alt=""></figure></td></tr><tr><td>A citizen scans a QR code for public service support. Hà Nội is also focusing on digital transformation to enhance e-governance and service delivery to facilitate production and business. VNA/VNS Photo Văn Điệp</td></tr></tbody></table></figure>Digital momentumHà Nội has also approved a comprehensive project to support the development of SMEs for the 2026–2030 period, aiming to foster innovation, strengthen competitiveness and promote private sector growth for a more sustainable economy.Under the city’s resolution on innovation and start-up ecosystems, Hà Nội will provide support of up to 70 per cent of costs for capacity-building, and will also offer access to infrastructure, including high-tech parks, innovation hubs, incubators, and technology exchanges.“Hà Nội has launched many policies supporting science and technology innovation. Establishing a technology exchange and innovation centre will benefit businesses and SMEs,” said Trịnh Thị Ngân from the Hà Nội Association of SMEs.In an effort to facilitate production and business, the city is focusing on digital transformation to enhance e-governance and service delivery through platforms like iHanoi and E-Cabinet. Municipal authorities plan to allocate VNĐ50 billion to help SMEs go digital this year.The Hà Nội Support Centre for Enterprise and Investment Promotion is also implementing programmes to support SMEs and promote the development of the private sector in the city such as business incubation, start-up, digital transformation, human resource development, and business consultancy.“The capital city should focus on promoting the development of innovative intellectual enterprises and become the country’s leading hub for innovation, finance and technology,” former director of the Việt Nam Institute of Economics Trần Đình Thiên said.Mạc Quốc Anh, vice president of the Hà Nội Association of SMEs, said that Hà Nội had consistently emphasised the importance of the private sector for the development of a modern and civilised capital city.The city had introduced a number of dedicated policies to support enterprises, such as funding for start-ups, the digital and green transformation, access to land and workforce training.Sectors with the most potential in the regional economy included supporting industries, green technology, high-quality healthcare and education, logistics, and creative services, he said. VNS

Along with science, technology, innovation and digital transformation, the capital city has identified the private sector as a key pillar of its economy, aiming to develop the sector into one of its most important growth engines.

Hà Nội works to unlock private sector potential and drive sustainable growth

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/11/7/462961_5317826032812284_IFC%20HCM%20City.jpg" alt=""></figure></td></tr><tr><td>The core area of the International Financial Centre on Thủ Thiêm Peninsula, An Khánh Ward, HCM City. — VNA/VNS Photo Hồng Đạt</td></tr></tbody></table></figure>HÀ NỘI — Prime Minister Phạm Minh Chính has instructed ministries and local authorities to accelerate preparations so that Việt Nam’s International Financial Centre (IFC) can begin operations by November 2025.In a directive just signed, the Prime Minister called the IFC a “new and complex task” that requires strong determination, effective coordination, and measurable results. The centre will be developed simultaneously in HCM City and Đà Nẵng as part of Việt Nam’s broader financial reform and digital transformation strategy.Under the plan, the Ministry of Finance will work with other ministries and local governments to finalise a set of decrees guiding the implementation of National Assembly Resolution 222/2025/QH15, issued on June 27 this year, on the establishment of the IFC. These legal documents, expected to be submitted to the Government by mid-November, will define the centre’s governance structure, regulatory framework, and operating principles.The proposed model includes a national steering committee headed by the Minister of Finance, the central bank governor, other key officials, and the leaders of HCM City and Đà Nẵng, supported by one executive body overseeing two branches – one in HCM City and another in Đà Nẵng – along with a supervisory agency to set common standards and an international dispute resolution mechanism.The IFC is envisioned to operate on a digital and AI-driven platform, ensuring high transparency, competitiveness, and open access for both domestic and foreign participants. It will allow full integration among banking, finance, investment, and trade activities while maintaining regulatory oversight aligned with global standards.<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/11/7/462962_5317827339676681_%C4%90%C3%A0%20N%E1%BA%B5ng.jpg" alt=""></figure></td></tr><tr><td>Aerial view of central Đà Nẵng, one of the two planned locations for Việt Nam’s International Financial Centre. — Photo vneconomy.vn</td></tr></tbody></table></figure>The Government will also simplify administrative procedures for licensing and registration, replacing unnecessary pre-licensing approvals with stronger post-licensing monitoring systems.The legal framework will be designed to match international norms, clearly separating domestic and offshore activities while allowing cross-border cooperation and technology transfer, especially in financial management and smart governance.HCM City and Đà Nẵng authorities are tasked with creating the most favourable working and living conditions for international investors and experts, including benefits in healthcare, insurance, education, and culture. They are also required to prepare physical and digital infrastructure to enable the IFC to go live as early as November 2025.Local governments must identify and nominate qualified professionals – both domestic and foreign – to work at the centre by November 20, and publicly announce investment incentives to attract global financial institutions and fintech firms.The Government Office will monitor progress and report directly to the Prime Minister, while Deputy Prime Minister Nguyễn Hoà Bình will oversee coordination and resolve emerging issues.The IFC is expected to serve as a key platform for global capital flows, financial innovation and digital finance development, supporting Việt Nam’s ambition to become a regional financial hub. — BIZHUB/VNS

Prime Minister Phạm Minh Chính has instructed ministries and local authorities to accelerate preparations so that Việt Nam’s International Financial Centre can begin operations by November 2025.

Việt Nam aims to launch international financial centre by November 2025

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/11/7/462975_5317841175251225_PMI.jpg" alt=""></figure></td></tr><tr><td>Operations at the stamping workshop of Xuan Hoa JSC&nbsp;in Phú&nbsp; Province.&nbsp;— VNA/VNS Photo</td></tr></tbody></table></figure>HÀ NỘI — Singapore’s The Business Times on November 6 hailed Việt Nam as ASEAN’s foremost next-generation trade hub, attributing the achievement to the country’s robust manufacturing base and sustained export expansion.The report noted that the Vietnamese Government is intensifying investment efforts to advance ambitious reform agendas and realise its growth objectives for 2026.According to the article, Việt Nam’s growing competitiveness relative to other countries in the region is helping to fuel its rise as one of the top global manufacturing powerhouses.The country’s position was recently bolstered by its ranking as the second-most promising next-generation trade hub, behind the United Arab Emirates, in a report released on November 5 by Allianz Research. The Germany-headquartered trade analysis team credited Việt Nam’s rise to its surging exports, which solidify its role at the centre of Asia’s manufacturing re-route.The report said the country’s increasing number of free trade agreements, lower labour costs and diversified export basket have all contributed to its growing influence. In addition, Việt Nam is benefiting from broader regional shifts, such as the offshoring of manufacturing from China and the regionalisation of trade.Despite a challenging global economic environment marked by rising tariffs, shifting supply chains and geopolitical tensions, Việt Nam’s export sector has remained resilient. Merchandise shipments rose 17.5 per cent year on year to US$42.1 billion in October.In the first 10 months of 2025, Việt Nam’s total exports and imports climbed 16.2 per cent and 18.6 per cent, respectively. However, on a month-on-month basis, merchandise exports last month contracted by 3.5 per cent in seasonally adjusted terms – a sign that higher US tariffs are beginning to weigh more heavily on Việt Nam’s economy.Adam Ahmad Samdin, an economist at Oxford Economics, noted that export growth next year remains at risk from potential additional US sectoral tariffs. However, he said the impact could be partly offset by sustained demand for artificial intelligence-related infrastructure, expected to continue into 2026.Meanwhile, Việt Nam’s manufacturing sector showed signs of strengthening at the start of the fourth quarter of 2025. In October, the Vietnam Manufacturing Purchasing Managers’ Index (PMI) from S&amp;P Global rose sharply to 54.5 from 50.4 in September. The improvement reflects faster growth in output and new orders, including a rebound in export orders for the first time in a year.Tourism has also been a bright spot for Việt Nam’s economy this year. International arrivals surged by 22.1 per cent year on year to 1.7 million in October, following a 19.5 per cent rise in September, reflecting growing interest in Việt Nam as a tourist destination.“Tourism should continue to support domestic spending,” said Samdin, though he believes momentum in private consumption has peaked as inflation-adjusted wage growth slows.Việt Nam’s inflation rate eased to 3.25 per cent in October 2025, down slightly from a three-month high of 3.38 per cent in the previous month. Disbursed state budget investment in October surged by over 29 per cent year on year, maintaining strong momentum from Q3. Meanwhile, the 10th session of the National Assembly has proposed a fiscal deficit of 4.2 per cent of gross domestic product for next year, up from 3.1 per cent in 2024, signalling a firm commitment to higher public spending to support growth.Foreign investment is also flowing into Việt Nam at a rapid pace. From January to October, foreign direct investment (FDI) increased by 8.8 per cent year on year to $21.3 billion, the highest level for any 10-month period since at least 2007.Additionally, FDI pledges – representing future inflows – grew by 15.6 per cent to $31.52 billion, indicating strong investor confidence in Việt Nam’s long-term economic outlook. — VNA/VNS

Singapore’s The Business Times noted that the Vietnamese Government is intensifying investment efforts to advance ambitious reform agendas and realise its growth objectives for 2026.

Việt Nam emerges as ASEAN’s leading next-generation trade hub

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/11/6/457271_CH1.jpeg" alt=""></figure></td></tr><tr><td>Nighttime view of an illuminated Nguyễn Huệ pedestrian square in HCM City. VNA/VNS Photo</td></tr></tbody></table></figure>HCM City, Việt Nam’s economic locomotive, is rolling out an ambitious plan to transform itself into a premier international shopping destination by 2030.As the country’s gateway for trade, finance and innovation, it hopes to harness its dynamic retail market, strong logistics network and vibrant tourism sector to anchor the service economy and compete with regional shopping hubs like Bangkok, Singapore and Kuala Lumpur. Trade and services remain the city’s key pillars, accounting for around 60 per cent of its economy.Despite global challenges such as slowing demand and a volatile logistics situation, the domestic market has shown impressive resilience. In the first nine months of 2025, the value of retail sales and services in the city rose by 15.3 per cent year-on-year, with full-year growth expected to reach 18 per cent.The city's Department of Industry and Trade forecasts turnover for the full year to be around VNĐ1.68 quadrillion (US$66.4 billion).Food, beverages and essential goods make up around 31 per cent of consumption, while household equipment and electronics account for over 21 per cent, reflecting the rising spending power of the city’s young, tech-savvy population.Local firms have adapted quickly to post-COVID supply disruptions by diversifying import sources, investing in cold-chain logistics and expanding e-commerce. Major retail players such as Saigon Co.op, Wincommerce, AEON, Central Retail, and MM Mega Market are broadening their networks while working with city authorities to stabilise prices and ensure steady supply.Through stronger producer-distributor links, the city aims to reinforce supply chains, promote domestic products and secure a sustainable growth base.The city’s Price Stabilisation Programme, now in its 23rd year, remains a key tool for maintaining market balance during major shopping seasons such as the Lunar New Year. In 2025, more than 5,000 retail outlets, supermarkets and convenience stores are participating, offering 20–50 per cent discounts on over 40,000 products.The programme helps stabilise prices of essential goods such as rice, cooking oil, meat, vegetables, and dairy, easing inflationary pressure and supporting low-income households.Beyond traditional promotions, HCM City is also encouraging green and responsible consumption, use of biodegradable packaging, reduction in plastic waste, and eco-friendly logistics. Retailers are urged to adopt energy-efficient lighting, optimise cold storage and introduce eco-label products.<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/11/6/457273_CH3.jpg" alt=""></figure></td></tr><tr><td>The Landmark 81 stands as a new icon of HCM City’s vibrant retail landscape. VNA/VNS Photo</td></tr></tbody></table></figure>“Consumers now care about sustainability as much as price and convenience,” Nguyễn Nguyên Phương, deputy director of the Department of Industry and Trade, said.“Our goal is to make responsible consumption part of daily life.”Tourism, transport driving retail expansionTourism is also a key driver of retail growth. The city targets 10 million international and 40 million domestic visitors this year, and tourism revenues to achieve double-digit annual growth.Shopping is being integrated into tour packages, and high-end malls are cooperating with travel agencies to design tailor-made “shopping tours”.Streets such as Đồng Khởi, Nguyễn Huệ and Lê Lợi are being upgraded to blend modern retail, dining and entertainment. New commercial centres are emerging in Thủ Đức City and along Nguyễn Văn Linh and Phạm Văn Đồng boulevards, expanding shopping zones beyond the downtown core.A central part of the city’s vision is connecting the retail sector with the transport network to enhance access for both locals and visitors.The completion of Metro Line No 1, linking Bến Thành Market with Suối Tiên Theme Park, will be pivotal in shaping future urban commerce. The city plans to integrate metro stations with nearby shopping complexes, public plazas, and pedestrian areas to create seamless retail experiences.Major stations such as Bến Thành, Opera House, and Thảo Điền are expected to become “transit shopping hubs”, allowing passengers to combine commuting and leisure in one trip. This model, known as transit-oriented development, is a global trend that reduces congestion, cuts emissions and promotes efficient land use by developing high-density, mixed-use zones around transport corridors.According to the city's Department of Planning and Architecture, new mixed urban-commercial areas will be prioritised in Thủ Đức, District 7 and Bình Tân, which will host shopping centres, logistics hubs and residential towers connected by metro, bus and ring road networks.“HCM City must evolve beyond its downtown core,” Lê Hoàng Châu, chairman of the HCM City Real Estate Association, said.“Linking commerce with transport will decentralise economic activity, ease pressure on central districts and create new growth poles.”Such integration supports the city’s transition toward a multi-centre metropolis, a model that balances economic vitality with livability and environmental resilience.<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/11/6/457272_CH2.jpg" alt=""></figure></td></tr><tr><td>Customers enjoy shopping at a modern retail complex in downtown HCM City, a symbol of the city’s growing consumer confidence. VNA/VNS Photo</td></tr></tbody></table></figure>Building a world-class service economyBut turning the city into an international shopping hub requires more than just expanding retail space. Authorities are therefore strengthening the service ecosystem that supports modern consumer experiences, including finance, banking, insurance, IT, healthcare, education, and professional services.The financial sector, which accounts for nearly 10 per cent of the city’s economy, is being developed as a gateway for global capital flows. Cashless transactions now account for over 70 per cent of total retail payments, while cross-border e-commerce and fintech innovations aim to make shopping more convenient for both locals and visitors.The city is also upgrading its logistics infrastructure to meet booming e-commerce demand. Smart distribution centres and cold storage facilities are being developed in Củ Chi, Bình Chánh and Nhà Bè to reduce delivery times and costs.These investments strengthen competitiveness and advance the city’s green supply chain strategy.Traditional markets, long a cultural backbone of southern trade, are being modernised. Bến Thành, Bình Tây and Tân Định markets are being renovated to preserve their heritage while adopting digital billing, traceable origin systems and improved hygiene practices.Authorities hope these iconic markets will continue to attract visitors seeking authentic Vietnamese shopping experiences.Economists emphasise that the city’s success will depend on balancing investment, urban planning and social inclusion.“The key is to harmonise high-end retail with traditional community markets,” Nguyễn Thị Thu Trang, a lecturer at the University of Economics HCM City, said.“A truly vibrant shopping destination must reflect both local identity and global standards.”The city plans to grow the service sector so that it makes up 65 per cent of the economy by 2030.As Việt Nam deepens global integration, HCM City’s expanding service economy is expected to play a leading role in shaping national competitiveness. A strong retail and service ecosystem will not only boost economic resilience but also improve people’s quality of life.With its expanding infrastructure, innovative business environment, and youthful consumer base, HCM City is moving steadily toward its vision of becoming one of Asia’s top shopping and lifestyle destinations. VNS

The city hopes to harness its dynamic retail market, strong logistics network&nbsp;and vibrant tourism sector to anchor the service economy and compete with regional shopping hubs like Bangkok, Singapore and Kuala Lumpur.

HCM City aims to become international shopping hub

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TNH99 Vietnam joint stock company is a multi-sector investment management company. Currently, TNH99 focuses on media, marketing, real estate, health care, F&amp;B and trading. TNH99 Vietnam always defines the customer benefits as the core value in it’s development strategy. We have been incessantly inovating, creating new values, complying with, committing to respect and consistently enforcing the common principles of conduct that make up TNH99 culture. Each member of TNH99 Vietnam has so much enthusiasm, devotion. They understand that interests of the company as well as its customers and social responsibility are focused.TNH99 currently has over 26 subsidiaries and affiliates throughout the country. At TNH99, more than 300 employees, experienced professionals, industry-leading experts, senior advisors and an open knowledge system provide a solid foundation for sustainable development.PRINCIPLES OF OPERATIONFollowing the "for human development" philosophy, TNH99 constantly searches and researches the needs of human and social trends. With the visionary leadership and management as well as young and professional staff, we are constantly growing and affirming our brand in the fields in which we operate in the Vietnamese market.CORE VALUESPeople are the most important resource, helping to create the values and differences of TNH99. They have the knowledge, qualifications and experience that are constantly accumulated and developed.The employees of TNH99 also have the unique characteristics of the Vietnamese people and industries. They always unite, strive towards professionalism, absorb and behave appropriately in communication with customers.Besides, leadership capacity is a key factor that helps TNH99 plan and successfully implement the sustainable development goals, promote the use of advanced management systems and tools, make accurate and timely decisions.Orientation to improve social responsibility, value management is applied at TNH99 to create a culture of effective work, productivity and quality. These values ​​are shared by TNH99 leaders and staff with partners and customers.TNH99 is committed to behave and operate with the following values: Efficiency, Quality, Straightforward, Enthusiastic, Professional.QUALITY POLICY:Meet the needs and satisfy customers by the highest quality of organization and service;Regularly research, apply and develop advanced technology to improve product quality, service and competitiveness in the field of operation;Identify and provide sufficient resources to ensure effective implementation of the quality management system.DEVELOPMENT ORIENTATIONWith a joint-stock operating model, we are still consistent with the tagline "We grow business", in which the principle of human resource development is an important step, governance is an important phase and promoting corporate culture is a regular task. Oriented solutions and services of TNH99 helps businesses to create sustainable added values ​​for people.We are committed to providing the most effective and practical services for Vietnamese businesses and the world for sustainable joint development.We always keep in mind, cherish and create products that constantly meet the expectations of the business community.We behave and cooperate based on civilized values ​​while promoting the cultural identities of VietNam.

About Us

In more than 15 years of establishment and development, with prestigious brands such as the Institute for Brand Strategy and Competition (BCSI), Vibiz, Vmark, Aaker,... and hundreds of media channels, we have affirmed our position as one of the pioneers and prestigious units in the field of market research, marketing consulting, communications, advertising and event organization in Vietnam. With a strategic vision and an experienced creative team, we provide comprehensive communication solutions, helping businesses not only reach the right customers but also build sustainable brand value in the public mind. The modern media industry requires a combination of content strategy, technology and the ability to understand consumer behavior. We provide a closed service ecosystem, including: - Market research and brand health - Consulting and building integrated communication strategy (IMC) - Creative content production (TV, digital, OOH, POSM, corporate films, TVC ...) - Management and implementation of multi-channel advertising campaigns: from traditional press to digital platforms such as Facebook, YouTube, TikTok, Google ... - Internal branding and brand communication services - PR - Press communication and media crisis handling With the orientation of "communication is not only to be known, but to be trusted", we always focus on the depth of the message, personalization and the ability to connect the brand with the target customers. In addition to communication capacity, we are a leading event organizer, with more than 1,000 large and small events held nationwide. We provide services from concept, design, production to full operation, including: - Marketing campaigns - Product launch, opening ceremony, anniversary celebration - Customer conferences, seminars, international forums - Activation, roadshow, exhibition, trade fair - Cultural, artistic and community CSR events Each event we organize is designed as a vivid communication story, where the brand is not only introduced, but also felt, loved and remembered. Our strength lies not only in our ability to organize or create content, but also in our ability to think about comprehensive communication strategies. We understand that in the digital age, brands cannot "shout loudly" but must "say the right thing, do the right thing and touch the emotions". With a team of experienced experts in marketing, communications, content production, art and digital technology, we are a trusted partner in the journey of building strong brands, winning public trust and promoting business growth.

Communication

In the digital age, information technology is not only a tool to support operations but has become the backbone of business development strategies. Realizing that, TNH99 has developed information technology services as a strategic pillar, providing comprehensive digital solutions for organizations and small and medium enterprises in Vietnam. TNH99 specializes in consulting and implementing digital transformation roadmaps from the root - starting from assessing the current state of operations, analyzing needs, to building digital systems suitable for the characteristics of each industry. We do not provide "ready-made" technology products, but focus on designing flexible, customized solutions according to reality, to ensure effective implementation and sustainable operation. One of TNH99's outstanding strengths is software development in the fields of medical health care, building management and operation, data mining, social listening. These systems are capable of linking internal data, real-time reporting and expanding integration with other platforms such as accounting systems, electronic invoices, banks or online payment gateways. In parallel with the management software, TNH99 also owns a team of experts in designing and operating business websites, e-commerce platforms and landing page platforms dedicated to marketing campaigns. All are built with a friendly interface, SEO standards, fast loading speed, multi-device compatibility and high security. In addition, TNH99's e-commerce solutions also support order management, customers, shopping carts, online payment integration and effective remarketing tools. In terms of infrastructure, TNH99 provides comprehensive IT system management solutions, from server setup, internal or cloud storage systems, to LAN setup, surveillance cameras, remote operating systems. In particular, information security and safety services are one of the top priorities, with encryption tools, periodic backups and access monitoring to protect business data from increasing cyber risks. For businesses that do not want to invest in their own IT team, TNH99 provides IT Outsourcing services - hiring technology experts periodically or by project. From daily technical support, system maintenance, troubleshooting, to training internal staff to use technology systems, we ensure professionalism - quick response - cost savings while still ensuring stable operating quality. All of TNH99's information technology services are built on 4 core principles: understanding the problem correctly - designing a custom solution - flexible implementation - long-term companionship. Not only a service provider, TNH99 wants to become a strategic technology partner of businesses on the journey of sustainable development.

Infomation Technology

We are a pioneer in providing comprehensive F&amp;B solutions, from restaurant operations, event organization, catering to importing and distributing high-end culinary specialties, including wine and imported food from famous regions around the world. With the philosophy that cuisine is a bridge between culture and life experience, TNH99 is committed to bringing customers satisfaction in every dish, every glass of wine and every moment of service. Professionally operated culinary - F&amp;B service chain: - KKAVENUE member company with a multi-style La Fontaine restaurant chain: from traditional Vietnamese dishes to modern fusion menus, youthful design space, international standard service. - Catering: serving family parties in a cozy and private space at private homes and villas, ensuring food safety, reasonable nutrition, and standard operation. - Event party - catering service: organizing full package wedding parties, birthdays, conferences, opening ceremonies... with flexible menus and attentive service. Importing - distributing high-end specialties and wines: Brandx member company is a direct importer and exclusive distributor of many high-end product lines serving the sophisticated culinary market: - Imported wines and beverages: from France, Italy, Chile, Australia, America,... with a diverse portfolio from regular wines to premium lines (Grand Cru, DOCG, Reserva...). - Regional specialties and high-end ingredients: such as European cheese, cold cuts, local spices, organic foods - supporting restaurant chains and distributors. - Gift baskets, high-end culinary gifts: designed according to the holiday season, combining the quintessence of Vietnamese and international cuisine - both luxurious and meaningful. We commit to: - Quintessence of raw materials - input standards: strictly selected, clear origin, meeting international safety standards. - Continuous innovation - flexible according to needs: meeting diverse individual, organizational and corporate customers. - Consistent service quality: whether it is a meal or a glass of wine at a high-end party, TNH99 focuses on the final customer experience. - Sustainable development - responsible business: minimizing F&amp;B waste, developing a clean supply chain, prioritizing high-quality Vietnamese goods.

Our Expertise

In TNH99's multi-industry development strategy, the real estate sector plays an important role in creating long-term value for the community and investors. Established as a member company, Allard Homes was born with the mission of becoming a professional, humane and sustainable real estate management and development unit, focusing on modern - sophisticated - livable housing products and urban projects. Allard Homes operates on the foundation of combining creative development thinking and international standard implementation capacity. With a team of experienced experts in the fields of planning, architecture, construction and finance, Allard Homes participates comprehensively in the process of market research, master planning, architectural design, construction and project management.From nursing homes, health care centers, eco-villas to synchronous urban areas, Allard Homes always focuses on three core factors: Construction quality - Investment value - Living experience. Each project is not just a real estate product, but a living ecosystem: a harmony between utilities, landscape, architecture and future residential community.In particular, Allard Homes prioritizes participating in the development of projects following the trend of "green and smart real estate", integrating standards of energy saving, green space, smart management and long-term after-sales services - contributing to the sustainable development of Vietnamese urban areas.With financial support, a multi-industry ecosystem and operational capacity from TNH99, Allard Homes not only creates high-quality real estate products, but also opens up opportunities for transparent, effective and long-term investment cooperation for strategic partners, individual and institutional investors.

Real Estate

With a distinguished heritage spanning over a decade in healthcare excellence, TNH99 Vietnam Joint Stock Company established the Medpharin Institute for High-Tech Pharmaceutical Research and Development — a pioneering institution dedicated to delivering optimal, bespoke health solutions through the harmonious integration of advanced biomedical technology and the enduring wisdom of traditional medicine.&nbsp;Complementing this foundation, TNH99 has thoughtfully cultivated a comprehensive healthcare ecosystem through a portfolio of esteemed subsidiaries. Peacelife Vietnam specializes in the production and distribution of premium herbal remedies and functional supplements, preserving and revitalizing Vietnam’s rich tradition of medicinal herbs. In parallel, My Health Vietnam stands at the forefront of digital healthcare innovation, developing intelligent m-Health platforms, AI-powered medical applications, gene sequencing technologies, family healthcare management solutions, and precision medicine services — all committed to fostering a proactive, health-literate community while elevating the global stature of Vietnamese healthcare.&nbsp;Building upon this legacy of holistic well-being, TNH99 made a visionary expansion into the luxury wellness and beauty sector with the founding of Éclat Vietnam — the exclusive owner and operator of Éclat Wellness &amp; Spa. Conceived as a sanctuary of refined beauty and restorative tranquility, Éclat Wellness &amp; Spa masterfully unites advanced therapeutic techniques, state-of-the-art technology, and an opulent, resort-style ambiance. Nestled within Hanoi’s prestigious Diplomatic Corps area — a modern, well-appointed neighborhood offering easy connectivity to the city’s major residential and commercial hubs — Éclat Wellness &amp; Spa offers an exquisite, timeless beauty experience through a portfolio of meticulously curated, five-star personalized services across three signature domains: Spa – Massage – Hair &amp; Nail. Every moment within Éclat is an invitation to celebrate individual beauty, nurture inner harmony, and embrace the art of gracious living.

Với hơn một thập kỷ hoạt động trong lĩnh vực chăm sóc sức khỏe, TNH99 đã thành lập Viện Nghiên cứu và Phát triển Dược phẩm Công nghệ cao (Medpharin), cung cấp các giải pháp tối ưu, cá nhân hóa, kết hợp giữa công nghệ hiện đại và tinh hoa y học truyền thống. Song song với đó, Tập đoàn cũng phát triển hệ sinh thái chăm sóc sức khỏe thông qua các công ty thành viên. Công ty Peacelife Việt Nam chuyên sản xuất và phân phối thực phẩm chức năng và các sản phẩm chăm sóc sức khoẻ từ thảo dược, đặc biệt là các sản phẩm từ cây thuốc Nam. Bên cạnh đó, TNH99 đầu tư Công ty My Health Việt Nam, tiên phong ứng dụng công nghệ thông tin vào y tế, phát triển các nền tảng m-Health, giải pháp số hóa, trí tuệ nhân tạo, giải trình tự gen, chăm sóc sức khoẻ gia đình và y học chính xác, với sứ mệnh xây dựng cộng đồng khỏe mạnh, chủ động và từng bước nâng tầm vị thế người Việt trên trường quốc tế.Dựa trên nền tảng vững chắc đó, TNH99 tiếp tục mở rộng lĩnh vực wellness &amp; beauty với sự ra đời của Éclat Việt Nam — đơn vị sở hữu và vận hành thương hiệu Éclat Wellness &amp; Spa. Đây là chuỗi điểm đến làm đẹp toàn diện, kết hợp liệu pháp trị liệu chuyên sâu, công nghệ tiên tiến và không gian nghỉ dưỡng đẳng cấp. Éclat Wellness &amp; Spa mang đến trải nghiệm làm đẹp vượt thời gian và thư giãn tuyệt đối thông qua hệ thống dịch vụ cá nhân hóa chuẩn 5 sao, tập trung vào 3 lĩnh vực chính: Spa – Massage – Hair &amp; Nail.