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🇻🇳 VietnamThursday, April 9, 2026

Highlights through the eyes of a long-term local resident.

PublishedApr 12, 4:13 PM (local) · Apr 12, 9:13 AM (UTC)

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Editor · An entrepreneur based in Ho Chi Minh City for 8 years

Ho Chi Minh City

40°/ 28°

sunny

Rain 0%

UV 11

Extreme heat wave across the country; record-breaking power consumption reported.

Economy/Business

Market Surge Boosts Billionaire Wealth

The Vietnamese stock market saw a record-breaking session on April 8. Eight of the country's wealthiest individuals saw their net worth increase by a combined $2 billion, with Vingroup's Pham Nhat Vuong family alone accounting for $1.6 billion of that gain.

Editor's note

It’s been a while since we saw that kind of green on the boards. The market is clearly buzzing over the upcoming upgrade, though I'd bet most of us are just hoping the grid holds up in this heat.

Local

New Digital Identification Perks at Da Nang Airport

Starting April 10, Da Nang International Airport will pilot a dedicated lane for passengers using the VNeID Level 2 digital identification app. This initiative is designed to streamline the check-in process for domestic travelers.

Editor's note

Finally, some real-world utility for the VNeID app. Anything that cuts down the time spent in line at security is a win in my book—provided the server doesn't crash the moment you step up to the scanner.

Economy/Business

Savills: Housing Absorption Rates Cooling Off

According to Savills, new apartment absorption in Hanoi hit 55% in the first quarter of 2026, a significant drop from the 84% recorded during the same period last year.

Editor's note

The market is clearly hitting a wall. Prices have been sky-high for so long that even the most optimistic buyers are starting to blink. Don't expect a crash, but the 'easy money' days are definitely over.

Local

Traffic Relief in Hanoi After Truck Ban

Hanoi's inner-city traffic has improved noticeably following a new ban on trucks over 2 tons during daylight hours. The policy aims to alleviate congestion on major corridors that were previously gridlocked by logistics traffic.

Editor's note

About time. Anyone who has tried navigating the capital by Grab bike during the day knows how terrifying those trucks can be in tight spaces.

Safety/Crime

Authorities Address Violent Incidents in Gia Lai

Police in Gia Lai have arrested a 35-year-old man who was filmed physically assaulting and spitting on a waitress at a local eatery in Quy Nhon Nam. The footage circulated rapidly on social media, sparking public outrage.

Editor's note

Completely unhinged behavior. I’m glad the police moved quickly; people are tired of seeing this kind of casual entitlement, especially against service staff.

Economy/Business

Infrastructure Expansion at Risk

Proposals have been made to delay the expansion of National Highway 13 in Ho Chi Minh City. Officials cite complications with resettlement plans and conflicts with existing rail project alignments.

Editor's note

Shocking, I know. It seems like every major road project here ends up in a decade-long wrestling match with land clearing and overlapping planning departments.

Reference Media: VnExpress, Tuoi Tre