<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/5/30/427413_shrimp.jpg" alt=""></figure></td></tr><tr><td>Shrimp processed for exports. Around 80 per cent of Vietnamese companies reported rising costs stemming from changes in tariffs and trade uncertainty, the HSBC report found.&nbsp;— VNA/VNS Photo Hồng Đạt</td></tr></tbody></table></figure>HÀ NỘI — Vietnamese firms are facing steeper cost increases than the global average due to tariffs and trade uncertainty, according to HSBC’s Global Trade Pulse 2025 survey.The survey released recently found that 80 per cent of Vietnamese companies reported rising costs stemming from changes in tariffs and trade uncertainty. Short-term cost pressures are expected to persist, with 82 per cent of Vietnamese firms anticipating further increases. In comparison, on the global scale, two – thirds of respondents have already experienced cost increases.Supply chain delays and disruptions also had a notable impact on Vietnamese businesses, leading to an average 20 per cent drop in revenue – two percentage points above the global average.“Controlling expenses is now the top concern in supply chain management,” the report concluded.Despite challenges, 81 per cent remain optimistic about future international growth, while 76 per cent say trade volatility has spurred them to seek new business opportunities.The report found that globally, 83 per cent of businesses say they have already begun or are planning to nearshore as part of their strategy to increase resilience and minimise the impacts of tariffs and trade uncertainty.Still, more than half of surveyed firms said that they needed external support in planning to deal with crisis and developing resilience.According to the&nbsp;country head of Global Trade Solutions at HSBC Vietnam, Surajit Rakshit, working capital is now a key priority for enterprises, largely due to it&nbsp;being tied up in inventories and receivables.He emphasised the importance of adaptive strategies, urging firms to be flexible and cultivate resilient partnerships. — VNS

Vietnamese firms are facing steeper cost increases than the global average due to tariffs and trade uncertainty, according to HSBC’s Global Trade Pulse 2025 survey.

Firms under pressure of rising costs amid trade uncertainty: HSBC survey

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/5/30/427465_5178483813244170_ef3bk7gh.png" alt=""></figure></td></tr><tr><td>The Apple Watch is one of the Apple devices manufactured in Việt Nam. — Photo courtesy of Apple</td></tr></tbody></table></figure>HÀ NỘI — Apple has, for the first time, published a list of its products and components currently being manufactured and assembled in Việt Nam, as part of an announcement expanding its supply chain employee training programme, according to Công thương (Industry and Trade) Newspaper.Key partners involved in Apple’s Vietnamese operations include Foxconn, BYD, Goertek, Lens, Yuto and Innovation.According to Apple, Việt Nam is now contributing to the production and assembly of several flagship devices, including the iPad, Mac (MacBook and Mac mini), HomePod, Apple Watch and AirPods. Notably, the 2024 carbon-neutral Mac mini — Apple’s first — is also being made in Việt Nam. The iPhone, however, has yet to be included on this list.Việt Nam is playing an increasingly critical role in Apple’s global supply chain. By the end of 2025, the country is expected to account for 20 per cent of global production of iPads and Apple Watches, 5 per cent of MacBooks, and as much as 65 per cent of AirPods.In Apple’s Q1 2025 financial report, CEO Tim Cook confirmed that while most iPhones sold in the US are now made in India, other devices originate primarily from Việt Nam.As of April 2024, the number of Apple suppliers with factories or offices in Việt Nam had risen from 27 to 35, making the country Apple’s largest manufacturing base in Southeast Asia and the fourth-largest globally.Suppliers continue to expand operations in Việt Nam, with notable examples like Fukang Technology (a Foxconn subsidiary) launching iPad and MacBook assembly lines in Bắc Giang Province. Foxconn currently operates across five localities in Việt Nam, employing around 80,000 workers and investing a total of US$4 billion.Alongside its production expansion, Apple also announced plans to double the number of training courses offered to supply chain employees in Việt Nam. These programmes include specialised modules in robotics and application programming, aiming to enhance the skills and technical capabilities of the local workforce. — BIZHUB/VNS

According to Apple, Việt Nam is now contributing to the production and assembly of several flagship devices, including the iPad, Mac (MacBook and Mac mini), HomePod, Apple Watch and AirPods.

Apple reveals first list of 'Made in Việt Nam' products, boosts local production share

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/5/30/427477_5178511264250147_%E1%BA%A2nh%201%20(2).jpg" alt=""></figure></td></tr><tr><td>SHB Vice Chairman Đỗ Quang Vinh presents the bank's integrated payment solution to the Prime Minister and senior Government officials. — Photo courtesy of SHB</td></tr></tbody></table></figure>HÀ NỘI — Saigon – Hanoi Commercial Joint Stock Bank (SHB) introduced its modern, integrated payment solution to Prime Minister Phạm Minh Chính at the 2025 Banking Digital Transformation event held in Hà Nội on Thursday, showcasing its commitment to supporting public service units and unveiling its strategic vision for the 'Bank of the Future.'As one of the first banks invited to present at the event, SHB highlighted its comprehensive digital offerings tailored for administrative and public sector units, aiming to accelerate the digitalisation process across Việt Nam's financial system.Đỗ Quang Vinh, vice chairman of the Board of Directors and deputy CEO of SHB, presented the bank’s integrated payment solution directly to the PM and other senior State leaders. The presentation drew the attention of attendees, underlining SHB’s leading role in aligning its transformation strategy with national digitalisation priorities.“With a holistic transformation roadmap and partnerships with top-tier technology corporations, SHB is building a future-ready bank — one that truly understands and grows with its customers,” Vinh said. “In this era of digital revolution, banks are no longer just financial service providers; they are redefining customer experiences and shaping the future of digital finance.”&nbsp;<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/5/30/427479_5178512282577674_%E1%BA%A2nh%202%20(3).jpg" alt=""></figure></td></tr><tr><td>SHB’s digital payment solution will be deployed across multiple hospitals nationwide. — Photo courtesy of SHB</td></tr></tbody></table></figure>Empowering public institutions with digital payment solutionsIn line with its customer-centric approach, SHB is accelerating the digital transformation by integrating advanced technologies into its services. Its bespoke solutions for public service units — including hospitals, schools and government agencies — are designed to streamline financial management, reduce administrative workload and enhance transparency.To date, hundreds of public sector units across Việt Nam — from hospitals to State-owned enterprises — have adopted SHB’s digital solutions. The integrated payment system connects with internal management software, enabling seamless transactions and financial oversight.Major hospitals such as the National Children’s Hospital, Việt Nam-Germany Friendship Hospital, National Dermatology Hospital and Hanoi Heart Hospital are among SHB’s trusted partners. Patients at these hospitals can conveniently pay medical fees using QR codes, eliminating the need for cash and reducing wait times. QR codes are placed at payment counters or printed on medical service slips, allowing payments via any bank’s mobile banking app.Moreover, hospitals using SHB’s system benefit from seamless integration with national health data, enabling transparent accounting and fraud prevention.Beyond serving public institutions, SHB continues to enhance its digital banking platform for individuals and enterprises. Its SHB SAHA mobile app has seen continuous upgrades, ensuring consistent, secure and convenient financial transactions across digital channels. Currently, over 98 per cent&nbsp;of SHB’s customer transactions are conducted through online platforms, reflecting strong momentum in digital adoption.Looking ahead, SHB’s 'Bank of the Future' initiative aims to incorporate cutting-edge technologies — including artificial intelligence, big data and machine learning — into all banking processes and services. Between 2025 and 2026, the project will deliver key advancements in digital service delivery, customer journey digitisation, intelligent automation and data-driven growth, while strengthening SHB’s core banking infrastructure and scalability.Under its 2024–2028 strategy, SHB aims to become Việt Nam’s most efficient bank, the most loved digital bank and a top retail bank. It also seeks to be a leading provider of capital and financial services for strategic private and State-owned enterprises operating in green supply chains and national ecosystems.SHB’s transformation is built on four pillars: regulatory and procedural reform; people as the driving force; a customer- and market-oriented focus; and advanced IT modernisation. Its cultural values — integrity, trust, commitment, wisdom, intellect and vision — serve as guiding principles throughout the journey.SHB’s appearance as the first bank to present its solutions to the PM at the 2025 event marked not only a milestone for the institution but also a recognition of its pioneering efforts in shaping Việt Nam’s digital banking future. — BIZHUB/VNS

As one of the first banks invited to present at the event, SHB highlighted its comprehensive digital offerings tailored for administrative and public sector units, aiming to accelerate the digitalisation process across Việt Nam's financial system.

SHB presents integrated payment solution at Banking Digital Transformation event

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/5/23/425848_5172638044101629_hoi-huu-nghi.jpeg" alt=""></figure></td></tr><tr><td>Delegates pose for a group photo at a ceremony marking the 40th founding anniversary of the Viêt Nam-Germany Friendship Association. VNA/VNS Photo</td></tr></tbody></table></figure>HÀ NỘI _ The Việt Nam-Germany Friendship Association marked its 40th founding anniversary in Hà Nội on Friday, reaffirming its role in fostering bilateral ties through cultural, educational, and innovation exchange.Speaking at the ceremony, Deputy Prime Minister Nguyễn Chí Dũng, also President of the Association, highlighted its contributions to people-to-people diplomacy.Over four decades, the association has built strong links with German counterparts and organised a wide range of exchange activities that support mutual understanding and cooperation.The association currently operates a nationwide network of 34 member branches and continues to expand its engagement in emerging areas such as digital transformation, innovation, climate response, and youth exchanges.German Ambassador to Việt Nam Helga Mararete Barth praised the friendship between the two nations since 1975, citing deepening political ties and strong economic relations with two-way trade nearing EUR20billion.The ambassador emphasised the vital role of people-to-people connection, particularly among the 200,000 Vietnamese living in Germany, and growing interest among Vietnamese youth in the German language and career opportunities.Both sides committed to strengthening collaboration in areas of shared interest, with continued support from the Vietnam Union of Friendship Organisations. _ VNS &nbsp;

The association currently operates a nationwide network of 34 member branches and continues to expand its engagement in emerging areas such as digital transformation, innovation, climate response, and youth exchanges.

Việt Nam-Germany friendship association marks 40-year anniversary

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

News

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.