<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2026/4/12/494054_phu%20my.jpg" alt=""></figure></td></tr><tr><td>PetroVietnam Fertiliser and Chemicals Corporation's&nbsp;packaging line for&nbsp;Phú&nbsp;Mỹ nitrogen fertiliser product. — VNA/VNS Photo</td></tr></tbody></table></figure>HÀ NỘI — Since early March, fertiliser prices have risen, driven largely by the impact of tensions in the Middle East.In response, domestic fertiliser producers have taken proactive steps to secure raw material supplies in an effort to stabilise prices.The agricultural sector consumes about 10 million tonnes of fertiliser annually, mainly urea and phosphate fertiliser.&nbsp;The country is largely self-sufficient in these two categories to meet domestic demand and remain relatively insulated from direct disruptions linked to Middle East&nbsp;conflicts.&nbsp;However, other fertiliser types still depend on imports, exposing domestic prices to global market fluctuations. These products have already seen price increases and are forecast to rise by a further 5–15 per cent.Compared to a month ago, prices of various inorganic fertilisers have surged sharply. According to Võ Văn Tươi, a farmer in Cần Thơ, the price of a bag of DAP fertiliser has climbed to VNĐ900,000 ($34), up significantly from VNĐ600,000 ($22.8) in late February.&nbsp;With fertilisers accounting for 40–50 per cent of production costs, farmers are under mounting pressure, particularly as agricultural product prices have yet to rise in tandem with input costs.Across the country, fertiliser prices have generally increased by 5–10 per cent, with some products rising by as much as 15–20 per cent or more.&nbsp;In the Mekong Delta, DAP Hồng Hà is currently priced at VNĐ1.25-1.3 million per bag, while DAP Đình Vũ ranges from VNĐ840,000 to VNĐ870,000.&nbsp;The urea prices range between VNĐ610,000-650,000 per bag for products from the PetroVietnam Ca Mau Fertiliser Joint Stock Company, while urea from the PetroVietnam Fertiliser and Chemicals Corporation (Phú Mỹ) is priced at around VNĐ610,000–630,000 per bag.In central provinces, NPK fertilisers are priced between VNĐ700,000 and VNĐ980,000 per bag depending on type.Phan Văn Tâm, deputy general director of Bình Điền Fertiliser Joint Stock Company, said the firm supplies around 750,000 tonnes of fertiliser annually. In light of developments in the Middle East, the company has stepped up production to ensure timely supply.&nbsp;In the first three months of the year alone, it supplied about 230,000 tonnes of NPK fertiliser, a 10 per cent increase year-on-year. It plans to deliver an additional 220,000 tonnes in the remaining months.Despite rising input costs, the company held prices steady until March 26 to support farmers, particularly in the Mekong Delta where rice prices remain subdued.&nbsp;However, after the date, it was forced to increase the prices by 5–10 per cent depending on product type. Those are expected to continuously raise from April 6 as higher input cost developments.Meanwhile, PetroVietnam Fertiliser and Chemicals Corporation (PVFCCo) has maintained stable operations, optimised distribution, and continued developing environmentally friendly products.&nbsp;The company is also preparing to expand urea exports. In 2026, PVFCCo aims to produce around one million tonnes of fertiliser, with plants currently operating at 110-115 per cent capacity to ensure adequate domestic supply.PVFCCo has prioritised product quality and strict distribution management to curb speculation and stockpiling. The company is also accelerating digital transformation across its supply chain to ensure timely delivery to agricultural regions.&nbsp;Besides that, it is working with authorities and agricultural experts to guide farmers in efficient fertiliser use, helping reduce costs and environmental impacts.&nbsp;The firm is also expanding its range of organic fertilisers, which are less exposed to market volatility and support sustainable farming practices.To safeguard the market, PVFCCo has called for stronger inspection and enforcement to tackle counterfeit and substandard fertilisers, thereby protecting both farmers and producers.&nbsp;<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2026/4/12/494055_crop.jpg" alt=""></figure></td></tr><tr><td>A farmer in Ninh Bình Province&nbsp;fertilises her winter-spring rice crop. VNA/VNS&nbsp;Photo</td></tr></tbody></table></figure>Nguyễn Viết Hiến, director of Ninh Bình Nitrogenous Fertiliser Plant, said&nbsp;that Việt Nam’s total urea production capacity stands at around 2.8 million tonnes per year, compared with domestic demand of roughly 2.1 million tonnes, leaving a surplus of about 700,000 tonnes for export.His company alone exports around 150,000 tonnes, while supplying about 350,000 tonnes for the domestic market.In the first quarter of 2026, the plant maintained urea prices at VNĐ14–14.5 million per tonne, largely unchanged from the final quarter of 2025.&nbsp;However, global prices have surged sharply – from around $390-400 per tonne in February to nearly $800 at present.&nbsp;Domestic prices have not fully adjusted to these increases due to market demand conditions and pricing mechanisms.To capitalise on export opportunities, the plant has proposed reducing urea export tariffs to zero, sustaining production while continuing to meet domestic needs.Meanwhile, Nguyễn Hoàng Trung, deputy general director of DAP–VINACHEM, highlighted that domestic demand for DAP fertiliser is about one million tonnes annually.&nbsp;However, up to 80 per cent of production costs depend on imported raw materials from the Middle East, pushing costs up by about VNĐ1.97 million per tonne, or around 12 per cent.Although the export prices are about VNĐ1.5 million per tonne higher than domestic prices, the company continues to prioritise the local market.&nbsp;In the first quarter alone, it supplied 110,000 tonnes domestically, marking a 60 per cent year-on-year increase.&nbsp;The company has proposed increasing apatite ore mining quotas to secure raw material supplies, alongside measures to stabilise the market and support farmers.Market stabilisationHuỳnh Tấn Đạt, director of the Plant Protection and Cultivation Department under the Ministry of Agriculture and Environment, stressed that ongoing geopolitical tensions in the Middle East are exerting direct pressure on global supply chains, driving up costs for raw materials and logistics&nbsp;and consequently pushing fertiliser prices higher.To ensure stable agricultural production, maintain supply&nbsp;and limit input cost increases, the department has outlined several key measures.&nbsp;These include balancing domestic supply and demand, maintaining stable production, maximising factory capacity, and ensuring transparency in market information to prevent speculation and artificial price distortions.Enterprises are also urged to strengthen forecasting capabilities, closely monitor global market developments – particularly energy prices, logistics costs, and raw material supply – and adjust import and stockpiling strategies accordingly. Diversifying supply sources is seen as essential to reducing dependence on specific markets.At the same time, businesses are encouraged to boost production, diversify products, and prioritise the domestic market, especially during peak demand periods such as the first quarter.The department has pledged to work closely with businesses, monitor market developments, and advise the ministry and the Prime Minister on appropriate support policies.&nbsp;It will also intensify market inspections, promote efficient fertiliser use&nbsp;and expand sustainable practices such as organic fertilisation.The State agencies are further considering policies to reduce transport, energy&nbsp;and input costs, as well as proposals to increase domestic raw material extraction quotas.&nbsp;Local authorities are being called upon to strengthen farmer education on efficient fertiliser use, while the agricultural sector promotes greater adoption of organic fertilisers and cost-saving application methods to reduce reliance on inorganic inputs during this period of volatility. — VNS

The agricultural sector consumes about 10 million tonnes of fertiliser annually, mainly urea and phosphate fertiliser.&nbsp;

Fertiliser producers act to stabilise market amid rising prices

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2026/4/12/495230_5447291868755094_1.jpg" alt=""></figure></td></tr><tr><td>Workers at a factory in Hà Nội, Việt Nam. VGP Photo</td></tr></tbody></table></figure>HÀ NỘI Business activity in the first quarter of 2026 remained broadly stable but showed clear divergence across sectors, according to a survey by the National&nbsp;Statistics Office. Rising input costs and weak market demand continue to weigh on enterprises, with nearly half calling for lower lending interest rates to ease financial pressure.The survey covered 19,907 enterprises across 34 provinces and cities, with a response rate of 97.4 per cent. Results show that 68.8 per cent of businesses reported their operations in the first quarter were either better or unchanged compared with the fourth quarter of 2025. Among them, 20.5 per cent said conditions had improved while 48.3 per cent described their situation as stable. Meanwhile, 31.2 per cent said business conditions had worsened.Compared with the previous quarter, however, businesses have become more cautious. The share of firms reporting improvement declined by 4.9 percentage points, while the proportion describing conditions as stable fell by 2.1 percentage points. At the same time, the percentage of enterprises reporting greater difficulties rose by seven percentage points, suggesting that the recovery remains fragile.Nearly 47 per cent of enterprises proposed that the Government and relevant ministries introduce measures to lower lending interest rates in order to reduce input cost pressures.By sector, trade and services remained the most optimistic area. About 77.9 per cent of businesses in the sector reported improved or stable operations, including 21.1 per cent reporting improvement and 56.8 per cent stability. Only 22.1 per cent said conditions had become more difficult.Manufacturing and processing industries also maintained relatively stable performance, with 69.9 per cent of enterprises reporting improved or stable operations. However, 30.1 per cent still faced difficulties, indicating that pressures on the key production sector have not fully eased.Construction remained the most challenging sector. Only 55.6 per cent of enterprises reported improved or stable operations, while 44.4 per cent said conditions had worsened compared with the previous quarter, reflecting the strong impact of rising material costs and market challenges.Foreign-invested enterprises showed the highest level of optimism, with 71.7 per cent reporting improved or stable performance. The corresponding figures for State-owned enterprises and domestic private firms were 69.5 per cent and 68.3 per cent respectively, indicating that challenges are broadly shared across the business community.Rising prices of raw materials, fuel and logistics services remain the most significant challenge. As many as 56.1 per cent of enterprises identified increasing input costs as their main difficulty, a sharp rise compared with previous quarters.On the demand side, the slow recovery of domestic consumption continues to affect business activity. About 50.4 per cent of enterprises said weak market demand directly impacted their operations, a figure that has remained largely unchanged from the previous quarter.The construction sector has been particularly affected, with 70.1 per cent of firms reporting difficulties due to higher material prices. In response to these challenges, enterprises have put forward several policy recommendations. Lower lending interest rates emerged as the most common proposal, supported by 46.8 per cent of surveyed businesses. More than half of respondents, or 54.8 per cent, called for policies to stabilise prices of raw materials and service costs, while 33.5 per cent recommended measures to ensure stable supply for production.Regarding fiscal policy, 37.5 per cent of enterprises suggested adjusting taxes, fees and other financial obligations to better match current economic conditions, while 19.9 per cent proposed reducing land rental fees to ease cost burdens. The recommendations reflect not only immediate concerns but also expectations for longer-term policies that can enhance competitiveness and help enterprises adapt to an increasingly uncertain economic environment. VNS

Results show that 68.8 per cent of businesses reported their operations in the first quarter were either better or unchanged compared with the fourth quarter of 2025.

Businesses call for lower lending rates as cost pressures mount

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2026/4/12/495460_5448048037982542_REE-dien-gio.jpg" alt=""></figure></td></tr><tr><td>A wind farm project of REE Corporation in Khánh Hòa Province. — Photo reecorp.com</td></tr></tbody></table></figure>HÀ NỘI — Volatile crude prices driven by geopolitical tensions have cooled the recent speculative fervour around oil and gas stocks in Việt Nam, redirecting investor flows toward the power sector, energy infrastructure and alternative energy plays perceived as more stable and sustainable.Market participants say the initial rally in oil and gas names quickly lost momentum as investors reassessed supply risks and the sector's structural exposure.Listed Vietnamese oil and gas companies largely occupy supporting roles across the value chain: upstream service providers such as PetroVietnam Technical Services Corporation (PVS) and PV Drilling (PVD), midstream transport and coordination firms like PV Gas (GAS) and PetroVietnam Transportation Corporation (PVT) and downstream distributors and retailers including Petrolimex (PLX) and PV Oil (OIL).That structure leaves the industry heavily reliant on imported crude, with a material share coming from Kuwait, which amplifies concerns over supply disruption when geopolitical risks flare in the Middle East.As a result, speculative money has retreated and many hydrocarbon stocks have reverted to an accumulation phase.Energy consumption in Việt Nam currently comprises roughly 30 per cent electricity, more than 37 per cent gasoline and about 26 per cent coal, Đỗ Minh Trang, head of the Research Department at ACB Securities, told tinnhanhchungkhoan.vn.She noted that when fuel prices surge and supply becomes uncertain, policymakers are compelled to accelerate alternative measures to safeguard energy security, positioning the power sector at the centre of those efforts.State authorities and Vietnam Electricity (EVN) have reportedly acted to ensure reliable operations at thermal plants while addressing legal bottlenecks for renewable projects, notably floating solar and nearshore wind, steps that support the electricity sector over the medium to long term.Within the power mix, coal‑fired thermal plants are seen as relatively stable because much of their output is secured under long‑term power purchase agreements, allowing fuel costs to be largely passed through into tariffs.Yet capacity growth for coal‑fired generation is limited since many plants are already running near maximum output.Hydropower, despite its low operating cost and dispatch priority, remains vulnerable to hydrological cycles. A return of El Niño could depress hydro output and create further demand for alternative generation.Renewable energy owners such as Refrigeration Electrical Engineering Corporation (REE), Hadoco (HDG), Gia Lai Electricity (GEG) and PC1 Group (PC1) are identified as likely beneficiaries between 2026 and 2030 as new projects enter service.Power‑grid and construction contractors are also drawing investor attention.Rising needs for transmission upgrades, grid reinforcement and new plant construction have boosted the backlog for companies such as PC1, Power Engineering Consulting JSC 1 (TV1) and Power Engineering Consulting JSC 2 (TV2) and even created demand opportunities for firms traditionally focused on oil and gas services like PVS. That backlog is expected to translate into early‑stage revenue growth as projects ramp up from 2026.Outlook for the electricity sector in 2026 remains very positive, with consumption growth potentially reaching 12–14 per cent, said Trần Tuấn Dương, CFA, senior analyst for construction, energy and securities at Bao Viet Securities.He attributed growth drivers to extreme weather associated with a strong El Niño, accelerated adoption of electric vehicles in response to high fuel prices and rising electricity demand from data centres, a global trend gaining momentum.Dương cautioned that gas‑fired thermal plants face a more complex outlook due to LNG price volatility; elevated input costs could curtail their dispatch and reduce realised output despite operational flexibility.Industry leaders likewise flagged the broad repercussions of geopolitical shocks.Nguyễn Thị Mai Thanh, chairwoman of Refrigeration Electrical Engineering Corporation (REE), told shareholders at REE's 2026 annual general meeting that Middle East tensions have delivered a significant shock to global energy markets with ripple effects across transport, logistics and fertiliser sectors.She said Vietnamese power plants under REE's portfolio have been run near full capacity in recent months and that for fossil fuel units, operational discipline is critical, while hydropower and renewables are prioritised where possible.Valuation disparities are guiding the reallocation of capital.Coal stocks trade at a price-to-earnings (P/E) of just over 9x, roughly 35 per cent above their five‑year average, indicating much of the upside may already be priced in. By contrast, power stocks have a P/E of about 11.1x, approximately 20 per cent below their five‑year mean, leaving room for rerating where growth and project readiness are clear.The flow does not mean money is leaving the energy complex entirely. It is reallocating into segments with greater stability, lower geopolitical exposure and more sustainable cash generation, Dương said.Liquidity patterns underscore the shift. Trading volumes in coal, thermal power, renewables and electrical construction have risen markedly in recent weeks, signalling active capital rotation into these segments.However, analysts warn that coal and coal‑fired power securities can suffer from historically low liquidity: prices may spike quickly but can also fall back into illiquid trading ranges, complicating execution for investors.Capital demand for Việt Nam's power sector is substantial, as investment needs for 2026–2030 are estimated at VNĐ4.9–5.5 quadrillion, creating long‑term growth opportunities for engineering, procurement and construction contractors as well as advisory firms engaged in power projects. — BIZHUB/VNS

Market participants say the initial rally in oil and gas names quickly lost momentum as investors reassessed supply risks and the sector's structural exposure.

Oil and gas stocks cool as investors shift into electricity, renewables and grid contractors

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2026/4/3/494695_5444661056056376_image.png" alt=""></figure></td></tr><tr><td>At a yard storage of Hoa Phat Group. Shares of the steel producer tumbled 2.56 per cent on Friday, leading the market's downtrend. — Photo hoaphat.com.vn</td></tr></tbody></table></figure>HÀ NỘI — Selling pressure swept through Việt Nam's stock market on Friday, pushing the VN-Index below the 1,700 mark even as investors hunted for individual stocks with idiosyncratic stories.The benchmark briefly climbed above 1,710 on buying interest in Vinpearl (VPL) and Vinhomes (VHM) but reversed as thin liquidity failed to sustain gains, leaving the index near 1,685 at the close.On the Ho Chi Minh Stock Exchange (HoSE), the VN-Index finished the week at 1,684.04 points, down 10.78 points, or 0.64 per cent. Technical indicators continued to show signs of recovery, but analysts warned that the index's failure to hold the 1,700–1,720 resistance zone could increase the risk of short-term supply pressure.Market breadth remained negative, with 233 advancers versus 78 decliners. Trading value on HoSE fell from the previous session to more than VNĐ21.1 trillion ($802 million).The VN30-Index also declined 15.56 points, or 0.84 per cent, to 1,837.43 points. Twenty-two stocks in the VN30 basket fell, while six gained and two remained unchanged.Heavyweights weighed on the index, with Hoa Phat Group (HPG) the largest drag, shaving roughly 1.12 points off the VN-Index. It was followed by Gelex Electricity (GEE), down 6.72 per cent, while BIDV (BID) dropped 1.64 per cent, Techcombank (TCB) fell 2 per cent and Vietcombank (VCB) decreased 0.86 per cent.Despite the broad sell-off, investors focused on several pockets of the market where company-specific developments drove demand. Securities stocks and property names attracted particular attention.Ho Chi Minh Securities (HSC) extended its run, marking a ninth consecutive session of gains with daily turnover averaging 14–15 million shares. The rally followed the firm’s release of documents for its 2026 annual general meeting, proposing a VNĐ4.92 trillion increase in charter capital to more than VNĐ15.7 trillion.Novaland (NVL) also stood out among real estate stocks, rising nearly 3 per cent after regaining eligibility for margin trading and reporting a return to profit on its audited consolidated financial statements for 2025. NVL's removal from HoSE's list of stocks ineligible for margin trading in the second quarter of 2026 effectively unlocked the ticker for leveraged purchases, drawing renewed buying interest.DGC of Duc Giang Chemicals Group extended its winning streak to a fourth session, lifting its cumulative gain to more than 14.4 per cent and pushing the share price above VNĐ56,500.On the Hanoi Stock Exchange (HNX), the HNX-Index also fell 1.68 points, or 0.67 per cent, to 248.68 points.Foreign investors returned to net selling after previously purchasing over VNĐ3 trillion on HoSE. On Friday, they net sold VNĐ1.57 trillion on the southern bourse. — BIZHUB/VNS

Technical indicators continued to show signs of recovery, but analysts flagged that the index's failure to hold the 1,700–1,720 resistance zone could raise the risk of short-term supply pressure.

VN-Index breaks below 1,700 threshold on low liquidity

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.