Food packaging is to be more strictly controlled in a bid to end any contamination of the contents.

An investigation by the non-profit Food Packaging Forum, released in September 2024, identified a staggering 3,600+ chemicals that can infiltrate food during manufacturing, processing, packaging, and storage. Even more worrying, 79 of these have been linked to cancer, genetic mutations, hormonal disruptions, reproductive issues, and a host of other health concerns.

Against this backdrop, the world is preparing for a major turning point. In August, more than 175 countries and territories will convene in Geneva to negotiate the Global Plastics Treaty – a legally binding agreement designed to tackle plastic pollution at its source, phasing out plastic pollution by 2040 under a vision of a circular, sustainable economy.

This global momentum is more than just policy, it’s a wake-up call for industries and consumers alike. The shift towards safer, eco-friendly packaging isn’t just about environmental responsibility; it’s about protecting our health, our future, and our planet.

Changing to healthy and sustainable products

Plastic pollution doesn’t just happen out in oceans or landfills, it begins the moment people unwrap sliced meat and cheese, steep a tea bag in hot water, or open a carton of milk or orange juice. A more recent report from the Food Packaging Forum, released on May 17, warned that food packaging can increase the risk of exposure to carcinogenic substances. Chemicals of particular concern include PFAS (perfluoroalkyl and polyfluoroalkyl substances), often referred to as “forever chemicals”. These substances have no safe level of exposure and are associated with numerous health problems such as cancer, asthma, infertility, obesity, birth defects, diabetes, and autism spectrum disorders.

BPA (bisphenol A) and phthalates, both common in plastic manufacturing, also raise serious concerns. The report specifically highlighted the risks of consuming ultra-processed foods, which are often packaged and stored in plastic for extended periods. Products like ready-to-eat meals, ice cream, and ketchup – popular for their convenience – are frequently reheated directly in their plastic containers, increasing the chance of chemical migration into the food, according to UK newspaper the Daily Mail.

The report noted that ultra-processed foods are often packaged and stored for weeks and sometimes months or years. Some are even heated in plastic containers, such as microwave trays, which makes it easier for chemicals to leach into the food. The research team also pointed out that large-scale industrial food production leads to greater contact with plastic materials throughout the supply chain.

As a result, the packaging industry is undergoing a shift. Packaging is no longer just about containment, it is expected to deliver a better user experience, greater convenience, and support brand identity. Brands are now turning to post-consumer recycled plastics (PCR), kraft paper, polylactic acid (PLA), and compostable or biodegradable materials as part of their commitment to sustainability. Some companies are experimenting with minimalist packaging designs, foldable formats, and reusable options to reduce waste.

In Vietnam, Ms. Nguyen Thanh Giang, Managing Director of Tetra Pak Vietnam, noted that the country’s food and beverage (F&B) industry is experiencing rapid growth. It is projected to reach a market size of $96.68 billion by 2025 and maintain a compound annual growth rate (CAGR) of 6.74 per cent through 2030. In this context, the industry must continue adapting to meet consumer demands for convenience, quality, and sustainability.

In the plant-based sector, the Vietnam Soya Products Company (Vinasoy) reported that 100 per cent of its products now use Forest Stewardship Council (FSC)-certified paper. The company is also working to reduce virgin plastic use and optimize packaging design for easier recycling. Additionally, it is piloting a community-based packaging collection model aimed at developing a closed-loop system.

Business moves

Vietnam has already implemented specific regulations regarding food packaging, particularly those related to food safety. Notable examples include the Law on Food Safety No. 55/2010/QH12, which requires that packaging and food containers must not affect the quality and safety of food; Decree No. 15/2018/ND-CP, which stipulates that food packaging, containers, and materials in direct contact with food must not contain toxic substances and must be safe for consumers; and Circular No. 34/2011/TT-BYT, which mandates that packaging must not contain contaminants, must not chemically interact with food, and must not reduce product quality.

In 2024, the Vietnam Report’s Top 10 Reputable Packaging Companies introduced new top 5 rankings for the Metal Packaging Group. This signals a shift and expansion in market demand for various types of packaging. Names listed in the top 5 metal packaging group are relatively new players, including the Crown Beverage Cans Dong Nai Co., Ltd., TBC-Ball Beverage Can Vietnam Ltd., the Hanacans Joint Stock Company, the Petroleum Mechanical Stock Company (PMS), and the My Chau Printing and Packaging Joint Stock Company.

However, according to a forecast from Mordor Intelligence, the paper packaging segment is expected to remain dominant in Vietnam, with revenue of approximately $2.6 billion projected for 2024, potentially increasing to $4.14 billion by 2029, representing a CAGR of 9.73 per cent in the 2024-2029 period. Meanwhile, the plastic packaging segment is forecasted to reach a production volume of 15.09 million tons by 2028, with a CAGR of 8.44 per cent between 2023 and 2028.

At the same time, the growing consumer preference for products and services from brands with sustainable practices, social responsibility, and high-quality standards is putting increasing pressure on packaging companies. A consumer survey conducted by Vietnam Report in the F&B sector revealed that 92.1 per cent of consumers are particularly concerned about the environmental friendliness of product packaging, up by 12.5 per cent compared to 2023.

At a recent seminar entitled “Compliance with Sustainability Regulations in the Consumption and Export of Food and Food Packaging”, Ms. Ho Thi Quyen, Deputy Director of the Ho Chi Minh City Investment and Trade Promotion Center, noted that consumers are gradually embracing products using eco-friendly, biodegradable packaging. They also highly value products that offer practical benefits, especially those that support health and well-being. This shift is encouraging retailers and distributors to seek out suppliers that provide green products, green packaging, and eco-labels to meet customer requirements and contribute to environmental protection and sustainable development.

However, many businesses have said that investing in environmentally-friendly packaging remains challenging. One major hurdle is the relatively high cost of biodegradable packaging, while capital for investment in production and packaging transformation remains limited, especially for small and medium-sized enterprises (SMEs).

Therefore, some experts believe that “greening” product packaging is not solely the responsibility of businesses but also requires support from government departments, agencies, and local authorities. Many companies hope the government will introduce more favorable policies to help enterprises participate in packaging recycling, such as access to green financing, tax incentives, and product subsidies.

DUBAI, UAE – Media OutReach Newswire – 4 August 2025 – Men in the UAE are more likely to take immediate action over a broken laptop, a social media hack, or a car warning light than seek support for ongoing low mood or mental health concerns, according to new research from AXA Global Healthcare.
The study, which explores how men approach preventative health, paints a concerning picture of low urgency around mental wellbeing. While 89% of UAE men said they would act within a week if they lost their bank card, just 56% would seek advice in the same timeframe if they experienced persistent low mood or a lack of motivation – known as early indicators of a deeper mental health issue.
The data suggests a pattern in how men prioritise their responsibilities, with external and practical issues often outweighing personal health. Most men said they would take swift action if they noticed an unexpected dip in their bank balance or discovered a leak at home, with both scenarios prompting urgency from almost 90% of respondents. Conversely, fewer than six in ten would act as quickly on a potential physical or emotional health concern.
Other issues also ranked ahead of wellbeing. Eighty-four percent said they would respond to a vehicle warning light within a week, while 80% would act quickly to care for a sick pet. A broken laptop would prompt action from 79% of men, and 86% would respond quickly if their social media account were hacked.
Karim Idilby, Chief Growth Officer for AXA Global Healthcare, says:
“It’s clear that for many men in the UAE, technology, finances and practical matters seem to be prioritised before their physical and emotional health. We urgently need to normalise a more proactive approach to wellbeing – not just wait for something to go wrong.”
The study echoes global findings that men tend to under-prioritise their own health, particularly when symptoms are unclear or linked to emotional stress. Yet there are signs that digital tools may help shift this behaviour. Over two thirds (70%) of men in UAE said they would feel more confident taking action if a wearable device, health app or tracker flagged something unusual suggesting a clear opportunity for earlier intervention through technology.
To support this shift, AXA Global Healthcare, in partnership with its local partner Daman, offers two preventative tools for its UAE based members that can be used anytime, anywhere:

  • Virtual Care Services, providing unlimited access to qualified doctors via phone or video. Members can speak to a healthcare professional quickly and confidentially about physical or mental health concerns, without needing to visit a clinic – making it easier to act early, from anywhere in the world. For the Mind Health service, members can speak with a team of locally Dubai Health Authority licensed Psychologists for up to six sessions per medical condition.
  • The Mind Health self-check, an online tool open to everyone (not just customers) that allows users to assess their emotional wellbeing through a short series of questions such as “Have you been feeling low lately?” or “Are you finding it hard to stay motivated?” Based on their responses, users receive guidance on whether further support could be helpful -encouraging action before symptoms worsen.

Idilby continues: “Preventative health shouldn’t feel like an afterthought. Just as you’d regularly check your car or technology to keep things running smoothly, building habits around your health can lead to better outcomes and greater peace of mind. For UAE residents who travel frequently for business or may relocate internationally, having quick, easy access to trusted healthcare – wherever you are in the world – can make all the difference.”
https://www.axaglobalhealthcare.com/en/

The issuer is solely responsible for the content of this announcement.

The evaluations mark a key milestone in preparations for the operational launch of Long Thanh International Airport, scheduled in 2026.

The Vietnam Air Traffic Management Corporation (VATM), in collaboration with relevant agencies, has successfully conducted safety inspection flights at Long Thanh International Airport in southern Dong Nai province to evaluate air navigation procedures and verify operational readiness.

The inspections aimed to assess the accuracy and integrity of navigation databases, including obstacles, terrain, navigation aids, and other elements that could impact flight safety.

Using a Beechcraft King Air 350ER — a specialized aircraft for testing and calibrating flight systems — the team evaluated key components such as runway lighting, Instrument Landing System (ILS) precision approach systems, navigation and landing lights, and various monitoring and communication equipment.

By the morning of August 1, two test flights had been completed successfully. Both flights departed from Tan Son Nhat International Airport in Ho Chi Minh City, conducted inspection manoeuvres in Long Thanh airspace, and returned to Tan Son Nhat.

According to VATM, these flights are essential for assessing the feasibility of flight operations, ensuring there is no signal interference affecting the accuracy or strength of the navigation systems. All tests were conducted in accordance with flight procedures approved by the Civil Aviation Authority of Vietnam.

A comprehensive calibration flight is scheduled to take place in the fourth quarter of 2025.

The evaluations mark a key milestone in preparations for the operational launch of Long Thanh International Airport, scheduled in 2026.

 

Export revenue hits $810 million in the month.

Vietnam earned $810 million from fruit and vegetable exports in July 2025,  marking a 69% increase compared to the same period last year, according to the Ministry of Agriculture and Environment.

The figure brings the total revenue from fruits and vegetables for the first seven months of 2025 to $3.92 billion, representing a 0.9% year-on-year increase.

Meanwhile, imports of fruits and vegetables during the same period reached $2.47 billion, up 16.9% year-on-year. This results in a trade surplus of $1.45 billion.

China continues to be the largest importer, accounting for 52.6% of Vietnam’s total fruit and vegetable export value. The United States and the Republic of Korea followed, representing 8.4% and 5.1%, respectively.

The sector is aiming for an ambitious export target of $8 billion this year.

 

The airport is expected to be upgraded to handle 10 million passengers and 50,000 tons of cargo annually.

The People’s Committee of central Da Nang City has approved an investment policy for upgrading Chu Lai Airport under a Public-Private Partnership (PPP) model.

The committee has proposed that the Ministry of Construction seek the Prime Minister’s approval to assign Da Nang City to conduct a feasibility study for the project.

Under the national airport development master plan for 2021-2030, with a vision to 2050, Chu Lai Airport is expected to be upgraded to handle 10 million passengers and 50,000 tons of cargo annually.

Looking further ahead to 2050, the airport will be expanded to include two additional passenger terminals, T3 and T4, each with a capacity of 10 million passengers per year, along with a cargo terminal system capable of handling 3 million tons of freight annually.

The Ministry of Construction and Da Nang authorities recently conducted a joint review of the regional airport infrastructure following the administrative merger between the former Da Nang City and the former province of Quang Nam. As a result, priority will be given to upgrading Chu Lai Airport to relieve growing infrastructure pressure on Da Nang International Airport.

 

PM outlines 15 groups of tasks, solutions to boost private economic sector
The first meeting of the national steering committee for implementing the Politburo’s Resolution No. 68-NQ/TW takes place on August 4. (Photo: VNA)

Hanoi – Prime Minister Pham Minh Chinh on August 4 laid out 15 groups of concrete tasks and solutions to realise the Politburo’s Resolution No. 68-NQ/TW on private economic development.

Key measures include resolving institutional bottlenecks, reviewing and amending legal documents relating to taxes, fees, land access, natural resources, interest rate support, human resource training, administrative penalties in the fields of competition, science and technology, and digital transformation. The aim is to transform institutional frameworks into competitive advantages.

The PM presented these priorities while chairing the first meeting of the national steering committee for implementing the Politburo’s Resolution No. 68-NQ/TW on private economic development, which he heads.

The leader tasked the Government Office with drawing up a roadmap to streamline administrative procedures, reducing both the time and cost involved. Greater decentralisation and delegation of authority to local governments in handling administrative matters was also instructed.

Localities, meanwhile, were urged to improve and finalise their development planning, promote new investment projects, and ensure that investor access remains equal, transparent, and open.

The PM also further directed the 18 out of 34 provinces and cities that have yet to formulate action plans for implementing Resolution 68 to do so without delay.

PM outlines 15 groups of tasks, solutions to boost private economic sector
PM Pham Minh Chinh speaks at the meeting. (Photo: VNA)

On May 4, the Politburo issued Resolution No. 68-NQ/TW. To implement it, the National Assembly (NA) adopted Resolution No. 198/2025/QH15 outlining special mechanisms and policies to support growth of the private economic sector, followed by the Government’s Resolution No. 139/NQ-CP detailing the implementation plan of the NA’s document.

Under the Government’s Resolution No. 138/NQ-CP on its action plan for executing Resolution 68, a total of 56 tasks have been laid out, while Resolution 139 has assigned 26 additional tasks. Eleven ministries and agencies have been designated as leads, with 17 tasks scheduled for completion in 2025. To date, only six have been completed so the remaining 11 must be fulfilled by the end of the year.

After three months of implementing the Resolution, the private economic sector has seen many positive changes. According to the steering committee, June saw the establishment of over 24,000 new businesses, while July added more than 16,000. This brought the total number of newly established enterprises in the first seven months of 2025 to nearly 108,000. Operating businesses also reported additional capital of over 2.4 quadrillion VND (91.62 billion USD), a year-on-year increase of more than 186%.

During the seven-month period, over 536,000 new business households were registered, up 165% annually, and over 66,300 enterprises resumed operations, a nearly 50% increase compared to the same period in 2024.

State budget revenue from the non-state industry-trade and services sector in the first half reached nearly 260 trillion VND, up 25% year-on-year.

Unlocking private sector potential Unlocking private sector potential

Vietnam has a vision to position the private sector as a central engine of inclusive national development. Ramla Khalidi, Resident Representative in Vietnam of the United Nations Development Programme, and Bui Anh Tuan, director-general of the Agency for Private Enterprise and Collective Economy Development under Vietnam’s Ministry of Finance, write about how to unlock the private sector for shared prosperity.

The relationship between the two countries have been upgraded to Comprehensive Partnership.

Vietnam and Egypt have agreed to establish a joint Working Group to explore the feasibility of negotiating a Vietnam–Egypt Free Trade Agreement (FTA), in a move aimed at boosting bilateral trade and investment flows.

The decision was announced during a working session between Vietnamese Deputy Minister of Industry and Trade Phan Thi Thang and Egypt’s Minister of Investment and Foreign Trade Hassan El Khatib, held on the sidelines of President Luong Cuong’s State visit to Egypt from August 3–6.

The visit marked a milestone in the Vietnam – Egypt relations, which has been officially upgraded to a Comprehensive Partnership.

Egypt is currently Vietnam’s largest trading partner in North Africa. In 2024, bilateral trade reached $472.6 million, up 9.4% year-on-year. In the first half of 2025, two-way trade value climbed 8% to $266.9 million.

Vietnam’s key export items to Egypt include coffee, mobile phones and accessories, computers, electronics, seafood, and pepper.

 

Standfirst: Vietnam’s target of having 10,000 engineers and graduates in the semiconductor industry by 2040 demonstrates the government’s commitment but also presents a major challenge that requires urgent and decisive action.

The semiconductor industry has become and continues to be a pillar of the global economy, with a pivotal role in driving technological advancement and economic growth. With revenue projected to reach $600 billion this year, the industry is one of the most fiercely competitive in the world.

Against this backdrop, the Vietnamese Government has introduced various policies to promote the high-tech industry, such as the “Made in Vietnam” strategy and the national digital transformation initiative. The semiconductor industry has been identified as one of the government’s priority sectors, with the potential to generate high added value and elevate Vietnam’s position in the global value chain.

Lacking a skilled workforce

Vietnam possesses several Advantages for developing its semiconductor industry, including a young workforce, competitive labor costs, and a strategic geographic location in Asia. Meanwhile, rising global demand for semiconductor chips presents opportunities for it to participate in manufacturing, assembly, and testing phases.

However, the country also faces significant challenges. High-tech infrastructure remains limited, and there is a serious shortage of skilled professionals in the field. According to the Ministry of Science and Technology, Vietnam requires 5,000-10,000 semiconductor engineers annually but current training capacity meets only about 20 per cent of that demand. This underscores that workforce development is a key factor for the country to remain competitive in the semiconductor industry.

The industry involves a complex value chain comprising three main stages: design, fabrication, and packaging / testing. Each stage generates distinct sub-sectors with specific workforce requirements. First, the design phase is the most creative, where engineers must apply in-depth knowledge of electronics and software to develop intricate integrated circuit (IC) designs. Next, the fabrication stage focuses on producing semiconductor wafers through sophisticated physical and chemical processes. Here, process engineers play a crucial role with their expertise in materials, chemicals, and manufacturing technologies, while technicians must be highly skilled to operate advanced equipment. Finally, the packaging and testing stage is the last step, where chips are assembled and quality-tested before shipment.

In terms of workforce demand, design engineers are the most difficult cohort to train due to the requirement for deep domain expertise and exceptional creativity. To become a skilled design engineer, one typically undergoes long-term training, often in the order of five to ten years, covering both academic education and practical experience in IC development.

In contrast, packaging and testing technicians are easier to train, as their work primarily involves machine operation and implementing standardized quality control procedures, with training typically taking from six months to two years. Process engineers fall somewhere in between, requiring both theoretical knowledge and hands-on production skills, and generally take around three to five years to train.

These differences arise from the varying complexity and creativity of each stage. Workforce development strategies for the semiconductor industry should therefore prioritize training efforts based on the level of difficulty and foundational importance of each job group.

Experience of Taiwan and Malaysia

Taiwan’s semiconductor development strategy is a clear testament to long-term vision and strong national commitment to establishing the industry as an economic pillar, with the goal of contributing approximately 15-20 per cent of GDP. Spanning over three decades, the strategy is divided into three distinct phases, each with specific objectives aimed at steadily enhancing Taiwan’s position in the global semiconductor landscape.

The first phase, from 1980 to 1990, focused on building low-cost manufacturing capabilities by leveraging inexpensive labor to attract foreign companies to set up factories in the country. The second phase, from 1990 to 2000, marked a shift towards heavy investment in research and development (R&D) and chip design, with the aim of adding higher value and reducing reliance on foreign corporations. The third phase, from 2000 to the present, saw Taiwan develop cutting-edge technologies and expand globally, with leading firms like TSMC and MediaTek emerging to establish it as a global semiconductor powerhouse.

In terms of workforce development, Taiwan prioritized training manufacturing engineers before moving on to design and R&D engineers. This strategic sequencing was driven by a fundamental logic: manufacturing provides the basic infrastructure and immediate entry into global supply chains, generating revenue to invest in more complex stages later.

In the early stages, Taiwan concentrated on training manufacturing engineers and technicians to operate factories efficiently at low cost. Once a solid foundation was established, the second and third phases shifted focus to design engineers and researchers who could innovate and compete in higher-end market segments. It invested approximately $100 billion in this strategy overall, with its success underpinned by close collaboration between government, businesses, and academic institutions.

The key to its success lay in policy consistency, long-term investment commitment, and a strong work ethic among its people.

In the 1990s, meanwhile, Malaysia launched the Multimedia Super Corridor (MSC) initiative and invested in high-tech education to promote its semiconductor industry. However, these efforts were hindered by a lack of policy consistency and long-term vision.

Malaysia also faced “Brain Drain”, as many skilled engineers had sought better opportunities abroad due to low salaries and poor working conditions.

The country’s innovation ecosystem remained underdeveloped due to limited collaboration between universities, research institutes, and businesses. Universities emphasized teaching over applied research, while many local factories were merely offshore assembly sites for multinational firms like Intel, offering little support for local technological development. Underlying these issues were bureaucratic inefficiencies and the absence of strong government incentives or support mechanisms.

Malaysia also lacked robust cooperation between industry and academia as well as effective talent attraction and retention programs. Unlike Taiwan’s successful “Reverse Brain Drain” initiatives, Malaysia’s insufficient investment in joint research and attractive incentive schemes contributed to the widening gap between the two in semiconductor capability.

Lessons for Vietnam

Vietnam can draw several key lessons from this experience in developing human resources for the semiconductor industry. The most crucial takeaway is that it must implement consistent support policies with clearly defined priorities.

First and foremost, Vietnam needs to make substantial investments in education and training. This includes expanding specialized semiconductor programs at universities and research institutes, as well as following Taiwan’s example by establishing modern research centers and laboratories. These efforts lay the foundation for building a high-quality talent pool.

Second, fostering collaboration between industry and academia is vital. The government should encourage semiconductor companies to partner with universities in developing practical training programs and offering internships, helping students gain exposure to the latest technologies.

Third, attracting and retaining talent requires supportive policies such as simplified visa procedures, tax incentives, housing for international experts, and initiatives to encourage overseas Vietnamese professionals to return home.

Fourth, investing in R&D is essential to develop core technologies and specialized chip products. This can be achieved through the establishment of R&D centers that drive innovation.

And fifth, creating a favorable business environment is necessary. Vietnam should develop dedicated industrial parks and offer incentives to attract major global players like Samsung, Intel, and TSMC.

Among these, investment in education and training remains the most critical, as it serves as the backbone of all other efforts and determines the sustainable development of Vietnam’s semiconductor industry.

(*) Dr. Le Trung Hieu and Dr. Nguyen Dinh Trung are from the University of Economics and Business – Vietnam National University, Hanoi.

The 8.2km tunnel is part of Dien Chau – Bai Vot expressway in central Nghe An province.

The Ministry of Construction has approved the investment policy for completing the Than Vu Tunnel project, a key component of the North–South Expressway.

The 8.2-km tunnel is part of the Dien Chau – Bai Vot expressway section of the North-South Expressway running across Nghe An province in the central region and ends at Nghi Phuong interchange in the province’s Tha Linh commune.

According to the decision, the project’s key components include completing the tunnel’s left tube (in the North – South direction). with three lanes; and building a bridge and access road to the left tube, enabling the entire tunnel to operate with six lanes with a design speed of 80–100 kph.

The full completion of both tunnel tubes is considered essential to enhance traffic safety and efficiency of the expressway.

The project has a total investment capital of VND2.155 trillion ($81.9 million).

The project is scheduled for implementation from 2025 to 2027.

 

Operating in more than 170 countries, MEXC has backed technology competitions, career workshops, and blockchain community initiatives to encourage innovation among Vietnamese youth. The company aims to link the global Web3 ecosystem with local tech communities, offering hands-on experiences and interactive education in emerging technologies.

Furthermore, through numerous professional exchanges, collaborative initiatives, and open industry dialogues, MEXC has showcased its commitment to fostering a sustainable tech ecosystem in Vietnam.

At GM Vietnam 2025, one of Asia’s largest blockchain and digital asset events, MEXC joined as a Diamond Sponsor, delivering a dynamic and engaging technology-community-creativity experience. The MEXC zone featured interactive sports areas like mini golf, an immersive AR and Web3 space with AR challenges and treasure hunts, and a community entertainment area including a photo booth.

MEXC empowers Vietnamese youth to drive innovation and creativity
The MEXC booth at GM Vietam 2025

Each activity was designed to encourage interaction, tech discovery, and community engagement – drawing thousands of participants throughout the event. The uniquely designed and creatively conceptualised MEXC booth was widely recognised by media outlets, industry experts, and attendees as one of the standout highlights of the event.

On the opening day, MEXC representatives were interviewed live by Vietnam Television (VTV), where they shared insights on MEXC’s vision to foster strategic partnerships and strengthen ties with the Web3 community in Vietnam. Beyond the main event, MEXC also organised two side events aimed at deepening engagement among developers, startups, and influential figures in the blockchain space.

Senior MEXC leaders also took part in key segments of the event, including a keynote speech by Nguyen Thai Phuong Trang (Dada), country business director of MEXC Vietnam, and a panel moderated by Tran So Ky (Yuky), the company’s COO.

During the panel discussion, Dada reaffirmed MEXC’s commitment to nurturing Vietnam’s tech ecosystem, especially by empowering young builders-from university students to innovative startups.

MEXC’s long-term vision in Vietnam is clearly reflected through its localised operations, educational programmes, workshops, hackathons, and its global MEXC Foundation initiative with a total budget of $30 million. This initiative supports blockchain education, career mentorship, project funding, and meaningful connections between students, developers, and industry stakeholders.

“With its vibrant, dynamic, and innovative tech community, Vietnam is poised to become Asia’s next Web3 hub,” Dada emphasised, expressing MEXC’s confidence in the country’s blockchain innovation and development potential.

MEXC empowers Vietnamese youth to drive innovation and creativity
Dada, country business director of MEXC Vietnam

She added, “Vietnam holds tremendous potential to develop a robust tech ecosystem, thanks to its young, tech-savvy population and strong innovative mindset. In fact, Vietnam ranks among the top 10 countries globally in terms of digital asset adoption. With upcoming regulations on digital assets, investors will soon gain access to a new and official investment avenue. Digital asset exchanges, once fully legalised, are expected to become one of the most appealing investment platforms for young people.”

MEXC is more than just a sponsor – it is a true companion to Vietnamese youth on their journey to connect, explore, and contribute to the nation’s thriving innovation and technology landscape.

Notable community and educational initiatives by MEXC in Vietnam

Sponsorship of student-led academic and startup competitions such as Trivia Night – Fulbright University Vietnam and Kawai Startup Competition – Foreign Trade University (Hanoi)

Support for technology and innovation competitions, including Hackathons and other tech contests

Organisation of regular career orientation and tech knowledge-sharing workshops in Ho Chi Minh City and Hanoi

A weekly AMA (Ask Me Anything) series, featuring livestreams with Web3 experts and thought leaders, designed to deliver foundational knowledge to young tech enthusiasts and newcomers

Charity and community development programmes, including scholarship donations, gift campaigns, and philanthropic initiatives in underprivileged areas.

MoF rejects digital asset trading proposal MoF rejects digital asset trading proposal

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Vietnam has emerged as one of the world’s most dynamic cryptocurrency markets. According to various reports, the country has consistently recorded over $100 billion in annual crypto inflows from 2022 to 2024, surpassing its foreign direct investment multiple times.

Bybit Technology interested in sandbox on crypto assets Bybit Technology interested in sandbox on crypto assets

Minister of Finance Nguyen Van Thang held a meeting with Ben Zhou, co-founder of Bybit Technology. on April 17 to discuss the digital asset market.

Crypto transaction regulations more sophisticated than ever Crypto transaction regulations more sophisticated than ever

Under the new Law on Digital Technology Industry, to come into effect in 2026, digital assets are officially recognised, encompassing both virtual assets and cryptoassets, while excluding securities, digital fiat currencies, and other financial instruments.