Prof. Dr. Andreas Stoffers, FOM University of Applied Sciences, Essen/Germany

The UAE’s withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) on May 1 is merely a short-term oil market event. Rather, it reveals something far more fundamental: global energy markets are becoming more fragmented, more geopolitically sensitive and significantly more driven by national strategies and interests.

Sooner or later, the situation in the Strait of Hormuz will normalise, and the Emirates’ freedom from quota restrictions will gain in importance. Markets will then watch very closely whether and to what extent Abu Dhabi actually increases output, and whether the other producers will question the discipline of the OPEC system.

Abu Dhabi’s decision is a strategic repositioning. In future, the UAE does not want to be seen merely as an oil producer, but as an energy, industrial and investment hub with greater flexibility across several economic sectors. Thus, this withdrawal should not be understood only in terms of oil, but as a step towards strategic autonomy: the freedom to transform its own energy resources into industrial growth, global investment power and diversified national value creation. For markets worldwide, this means that there will eventually be more supply available, but at the same time, less predictability.

How will Vietnam be affected?

For Vietnam, this development is both an opportunity and a warning. If the Emirates eventually produces more outside the quota system, this could help to ease global oil prices. This would be positive for energy-importing markets. Lower oil prices reduce inflationary pressure, lower logistics and transport costs, and support household purchasing power.

This affects Vietnam directly. The country is one of the most open countries in Asia and is deeply integrated into the global economy. Vietnam’s growth model depends strongly on manufacturing, exports, logistics and global value chains. Energy prices directly affect production costs, freight costs, import prices, export competitiveness and inflation.

However, I would not be too optimistic too quickly. The larger lesson from the UAE’s exit is that energy markets are becoming increasingly unpredictable. Today, the issue is OPEC coordination. Tomorrow, it might be another maritime chokepoint, a geopolitical conflict, higher shipping insurance costs, currency pressure or a sudden disruption in supply chains. We should be aware that black swan events can occur at any time, anywhere.

For a country like Vietnam, the key issue is not whether the oil prices go up or down next week. The key issue is volatility. Volatility makes planning more difficult for companies, investors, and policymakers. It affects corporate calculation, inflation, interest rates, exchange rates and public finances.

In short: falling oil prices would, of course, be welcome for Vietnam. But the biggest issue is not today’s price level, but rather volatility. Vietnam should therefore use this period as a warning signal. The country should strengthen its own energy security, diversify its supply and accelerate the modernisation of its energy system and digital economy.

Over the past year and a half, Vietnam has already launched a wide range of reform initiatives aimed at making the economy more resilient and more productive. These include the emphasis on private sector development (Resolution 68), legislative and administrative reforms under Resolution 66, the focus on science, technology, innovation and digital transformation under Resolution 57, and the Law on the Digital Technology Industry (DTI). In this broader reform context, energy security is not separate from economic development. This strengthening of resilience plays a key role in many of these reforms.

However, it would be fatal to simply rest on these laurels and hope that the economic rise of recent years will simply continue. From my own experience in Vietnam – both in banking and in policy-related work – I would say that Vietnam is very good at reacting quickly to external shocks. This has been visible several times over the past decades. But the next stage of development requires more than fast reaction. It requires structural preparation.

Vietnam’s ambition is to become a modern industrialised country by 2045. Such an economy cannot rely solely on cheap energy. It requires a secure, diversified, affordable and predictable energy supply. This is even more important in an age of digitalisation and AI, where data centres, advanced manufacturing, including additive manufacturing and sophisticated logistics will all require a reliable electricity supply in large quantities.

Vietnam should consider three dimensions in its energy policy: security, competitiveness and transformation. Energy supply must be secure enough to protect the economy from external shocks. At the same time, it must be competitive enough to support manufacturing and exports. And it must be modern enough to support Vietnam’s long-term energy transition without weakening industrial competitiveness.

Four strategic priorities

My conclusion regarding Vietnam is that the country should adopt a pragmatic approach. Vietnam should not attempt to predict oil prices with absolute accuracy. No country can do that. Instead, Vietnam should focus on resilience. In my view, four priorities are particularly important.

First, Vietnam should diversify its energy supply and avoid excessive dependence on a single region or shipping route. The current situation vividly demonstrates how vulnerable global trade can become when one major chokepoint is disrupted.

Second, Vietnam should strengthen strategic reserves and contingency planning. This does not only concern the state, but also large companies, small- and medium-sized enterprises, logistic providers and industrial zones. The target should be better risk management for energy and transport costs.

Third, Vietnam should accelerate its domestic energy transition pragmatically. This includes renewable energy, grid investment, energy efficiency, storage capacity, and liquefied natural gas wherever appropriate. Nuclear energy could also be an option in the longer term, provided there is a clear framework of safety, financing and regulatory capacity.

Fourth, Vietnam should link its energy policy more closely with its industrial policy. This includes improving risk management for companies and public institutions that are heavily dependent on energy and logistics costs

The current oil shock should not be viewed solely in a negative light, but rather as a wake-up call. It reminds us that an industrialising country needs to work even harder on the resilience of its economy. What makes me optimistic is that Vietnam’s policymakers increasingly understand this connection. Energy security, energy transition and digital modernisation are no longer separate agendas. They belong together. For Vietnam, this could become a decisive competitive advantage in the next stage of development.

National Assembly approves zero tax on petrol, oil, aviation fuel The National Assembly has unanimously approved sweeping tax cuts on petrol, oil and aviation fuel, reducing key rates to zero through June 30 in a bid to cushion domestic markets against volatile global energy prices.

Fuel imports rise in first quarter amid global market volatility Vietnam has ramped up fuel imports in the first quarter of the year amid global energy market volatility due to the tensions in the Middle East.

BSR secures three months of crude supply for Dung Quat refinery Binh Son Refining and Petrochemical has secured enough crude oil to operate its Dung Quat refinery for the next three months amid Middle East supply disruptions.

On May 15, Hanoi’s National Innovation Centre (NIC), under the Ministry of Finance, in collaboration with Arup Ventures, hosted a forum on innovation in developing smart cities and smart factories in Vietnam.

Vo Xuan Hoai, deputy director of NIC

Experts at the event said smart cities and smart factories are no longer experimental concepts, but are becoming key drivers of the digital and green economy. While smart cities integrate data and technology to optimise urban governance, resource efficiency, quality of life and climate resilience, smart factories represent the core of next-generation manufacturing, where AI, big data, the Internet of Things (IoT), automation, and Digital Twin technologies are deeply integrated to improve productivity, product quality and participation in global value chains.

Vo Xuan Hoai, deputy director of NIC, stressed that national competitiveness is increasingly determined by a country’s ability to integrate data, connect infrastructure systems, and master core technologies – as much as by market size or natural resources.

Vietnam is facing a major opportunity to accelerate its development as many localities have begun implementing next-generation urban planning strategies, while domestic technology and industrial enterprises are gradually developing smart manufacturing complexes powered by AI, Digital Twin technologies, and advanced automation.

“Developing Vietnamese smart city and smart factory platforms will enhance governance capacity and labour productivity, while creating a foundation for Vietnam to achieve double-digit growth, strengthen technological self-reliance, and build globally competitive strategic industries,” he said.

Dao Thi Nhu from the Urban Development Agency under the Ministry of Construction shared the government’s orientation toward building a synchronised policy framework for smart urban development based on interoperable data systems and citizen-centric governance.

At the same time, Resolution No.57-NQ/TW, issued by the Politburo in 2024, sets a target for Vietnam to complete the development of smart urban systems in centrally governed cities and qualified localities by 2030 as part of the country’s broader agenda on sci-tech and digital transformation.

She noted that one of the most urgent requirements today is to transform urban planning and management from traditional administrative models to real-time, data-driven digital governance. Such an approach, she said, would help optimise infrastructure operations and improve the management of transport, energy, environmental systems and urban public services.

“Smart urban development must be closely aligned with urban planning and sustainable development goals. Urban data should serve as the core foundation, while people and businesses must remain at the centre of the development process, alongside ensuring information safety and cybersecurity,” she said.

From an international perspective, Ricky Tsui, director and head of Investment and Business Development for Asia-Pacific at Arup, shared experiences in implementing smart urban and intelligent infrastructure models across developed economies.

Tsui explained that as cities face growing pressures from population growth, environmental sustainability, and energy demand, digital technologies and real-time data systems will function as the ‘central nervous system’ of smart cities. “By continuously collecting, analysing, and processing data, these systems enable governments to monitor operations, forecast risks, and make more accurate and timely decisions in infrastructure, transportation, energy, and environmental management,” he said.

“Digital Twin technology supports infrastructure planning and operational simulations, while helping cities anticipate risks, optimise resources, and improve resilience against socioeconomic disruptions and climate change,” Tsui added.

Ricky Tsui, director and head of Investment and Business Development for Asia-Pacific

Experts at the forum also noted that Vietnam has strong potential to master core technologies in AI, cybersecurity, and IoT if supported by long-term investment strategies and a robust innovation ecosystem. As data increasingly becomes a strategic asset, ensuring cybersecurity and protecting critical infrastructure systems will be a prerequisite for future smart city models.

The forum featured in-depth presentations from leading domestic and international technology corporations on strategic solutions supporting the dual transformation of urban digitalisation and smart industrial manufacturing.

Representatives from Dassault Systèmes highlighted the role of Digital Twin technology in connecting the physical and digital worlds, enabling real-time simulations of the entire lifecycle of cities, factories, and industrial infrastructure. The company described Digital Twin as a foundational technology of the next industrial revolution, helping reduce operational costs, optimise manufacturing processes, save energy, and improve data-driven decision-making.

Tran Tuan Anh, vice president and chief product officer of FPT IS, focused on the data challenges facing Vietnam’s smart city development. “The greatest challenge is not a lack of data, but fragmented systems, limited interoperability and the absence of unified data governance platforms across sectors and government agencies,” he said.

Drawing on practical experience in deploying large-scale digital platforms, FPT proposed the concept of an ‘Urban Digital Twin’ as a next-generation governance tool capable of synchronising data related to planning, transport, construction, energy and environmental management to support real-time urban operations and decision-making.

At the same time, Doan Manh Ha, CEO of BKAV, underscored the importance of developing Vietnamese-made AI and IoT platforms to support smart urban development while safeguarding national technological security.

Under its ‘AI City’ vision, BKAV believes future cities will operate on integrated AI platforms deeply connected with sensor networks, converged data systems and intelligent connectivity infrastructure.

A panel discussion on advancing digital transformation in cities and smart factory development brought together representatives from universities, research institutes, technology firms, and international experts to discuss building innovation ecosystems for strategic technology sectors.

Participants agreed that the development of smart cities and smart factories is not solely a technological challenge, but a comprehensive restructuring of socioeconomic development models in which people, data and innovation play central roles. They also stressed the need to strengthen linkages between scientific research, workforce training, technology enterprise development and the commercialisation of Vietnamese-made solutions, while expanding international cooperation to absorb advanced knowledge and technologies and improve global competitiveness.

Partnership advances climate-smart rice value chains The Australian Centre for International Agricultural Research, the University of Queensland, and SunRice Group on March 12 announced an extension of their research partnership to advance climate-smart rice production in the Mekong Delta.

Smart factories or bust: decision time in 2026 In many Vietnamese factories, transformation does not begin with a robot arm or a fully automated line but starts with the simple realisation that the old model no longer scales.

Vietnam to increase IoT application in transport Vietnam’s construction sector will strengthen the application of the Internet of Things in smart transport in line with national digital transformation.

Minister of Finance Ngo Van Tuan highlighted these priorities at a regular government meeting on May 4, stressing the need for administrative vigilance as external shocks from global energy markets and scheduled hikes to state-managed service fees continue to weigh on domestic price stability.

Minister of Finance Ngo Van Tuan at the government meeting

According to the National Statistics Office, the Consumer Price Index (CPI) climbed to 5.46 per cent in April on an on-year basis, accelerating sharply from the 4.65 per cent recorded in March and approaching the 5.5 per cent worst-case scenario the Ministry of Finance (MoF) presented on April 23.

The primary driver is cost-push pressure from global crude oil prices, which have surged since March amid heightened geopolitical tensions in the Middle East.

“These global disruptions have not only inflated energy costs but also caused a surge in international logistics and transportation expenses, creating a cascade effect across various domestic sectors including transport services, food, and construction materials,” Minister Tuan said.

These categories account for over half of the CPI basket and recorded the sharpest rises in the first four months of 2026, with the food category up 5.2 per cent on-year and transportation climbing 11.1 per cent in April.

The government is now bracing for additional domestic price pressures, including increased electricity demand during the peak summer heat and scheduled adjustments to state-managed service fees.

Healthcare service prices are projected to rise by approximately 8.9 per cent, driven by the inclusion of management costs and a significant hike in medical staff allowances.

This adjustment alone is estimated to add around 0.28 percentage points to the national CPI. In the education sector, tuition caps for the 2026-2027 academic year are slated for an average rise of 12.7 per cent for public universities and 18 per cent for public vocational training institutions.

To mitigate these pressures, the MoF has called for a coordinated response between ministries, urging the Ministry of Industry and Trade to ensure a stable domestic energy supply through continued management of the Fuel Price Stabilisation Fund, while the Ministry of Construction provides clear guidance on adjusting construction contracts to account for material price volatility.

Each ministry is required to maintain strict market surveillance to prevent speculative hoarding and unreasonable price hikes, particularly in essential commodities such as rice, pork, and construction supplies, while localities instructed to implement market stabilisation programmes suited to their specific economic conditions.

On the growth front, the government is focusing on public investment as a key engine to achieve high growth in 2026.

Total social investment Q1 reached $29.8 billion, a 10.7 per cent rise on-year. Foreign direct investment (FDI) remains a bright spot, with registered capital in the first four months of the year estimated at $18.2 billion, a 32 per cent increase on-year, while implemented FDI rose by 9.8 per cent to $7.4 billion.

Issues persist in the deployment of state capital, however, with approximately $1.85 billion of the 2026 investment plan remaining unallocated across 14 ministries and 17 localities as of late April.

Minister Tuan mandated that these entities expedite their allocation processes and finalise regional mining plans by Q2 of this year to ensure an adequate supply of raw materials for key infrastructure projects.

As part of its forward-looking strategy, the MoF has asked all government agencies and local authorities to submit revised growth indicators this week to facilitate a comprehensive report to the central government on achieving targets for the 2026-2030 cycle.

MoF honing draft amending tax laws On April 20, the Standing Committee of the National Assembly met to discuss amending the Law on Personal Income Tax, the Law on VAT, the Law on Corporate Income Tax, and the Law on Special Consumption Tax.

Vietnam nears investment grade as reforms and growth strengthen outlook Vietnam’s sovereign credit ratings are now approaching investment grade, standing just one notch below the threshold under S&P Global Ratings and Fitch Ratings, and two notches below under Moody’s, bringing the country closer to its target of achieving investment-grade status.

ASEAN+3 policymakers assess energy and supply chain disruptions On April 28, the ASEAN+3 Policy Dialogue and Regional Economic Review was held virtually, co-chaired by the Philippines and Japan. Tran Quoc Phuong, Deputy Minister of Finance, attended and delivered remarks from Vietnam.

In Q1 2026, MSN posted net profit after tax before minority interest (NPAT Pre-MI) of VND1.97 trillion ($75.77 million), doubling on-year. Consumer-retail earnings before interest and taxes (EBIT) rose to $94.62 million, up 23.6 per cent on-year, reflecting broad-based growth across the platform.

Q2 2026 preliminary momentum indicates MSN is on track to grow NPAT Pre-MI by approximately 60 per cent on-year.

WinCommerce (WCM) – the company operating the WinMart/WinMart+/WiN chains – delivered NPAT Pre-MI of $7.85 million in Q1 2026, up 3.5 times on-year, equivalent to a 1.8 per cent margin. The result is driven by higher store traffic, disciplined network expansion and operating leverage.

WCM recorded a net addition of 225 new store openings for Q1 2026, bringing the total store count to 4,817 nationwide. Notably, 100 per cent of new store openings surpassed store‑earnings before interest, taxes, depreciation and amortisation breakeven level within the quarter.

Like-for-like (LFL) growth across all formats was primarily driven by higher store traffic (bill count) as modern trade penetration accelerates. Among them, minimarts delivered LFL growth of 11.8 per cent on-year in Q1 2026, up from 8.6 per cent in Q1 2025.

Supermarkets delivered LFL growth of 19.9 per cent on-year for Q1 2026, up from 6.1 per cent in Q1 2025, supported by renovations that lifted store traffic. Supermarkets also achieved EBIT-positive with 3.5 per cent margin, up 386 per cent on-year points (bps) on-year. As of March 2026, 60 supermarkets have been renovated, with the remainder on track for completion by year-end.

Masan Consumer’s Q1 2026 revenue reached $325.77 million, up 13.1 per cent on-year, while NPAT Pre-MI reached $69.23 million, up 11.5 per cent on-year.

Retail Supreme demonstrated clear improvements across key execution metrics as March 2026. First, active selling outlets reached approximately 500,000, up 2.3 times compared to before Retail Supreme. Second, stock keeping unit per order reached 5.5 (up 17 per cent) while approximately 57,000 outlets now carry around six or more categories, up 2 times. Third, approximately 50,000 outlets are implementing MCH’s in-store execution standards, up 1.8 times.

Masan Consumer’s gross margin was stable at 46.7 per cent on-year.

Masan MEATLife (MML) delivered revenue of $95.38 million in Q1 2026, up 19.8 per cent on-year, with NPAT Pre-MI of $5.65 million, up 27.2 per cent on-year. EBIT grew on-year to a 7.4 per cent margin, up 450 bps on-year, as both fresh and processed meat benefited from improved economies of scale and higher porker utilisation. Total MML sales at WCM grew 30.2 per cent on-year.

Phuc Long Heritage posted net revenue of $21.88 million in Q1 2026, up 34 per cent on-year. The EBITDA margin reached 20.8 per cent while NPAT Pre-MI grew 1.6 times on-year to a 10.3 per cent net margin, up 260 bps on-year. Growth was driven by delivery scaling and stronger in-store productivity gains, with LFL average daily sales in standard-format stores reaching $1,011.54, up 21.2 per cent on-year.

Masan High-Tech Materials (MSR) delivered a record quarterly NPAT of $20.65 million in Q1 2026, compared with a $8.54 million loss in Q1 2025, supported by stronger commodity pricing, improved operating performance, and lower net interest expenses.

Net revenue reached $115 million, up 114.9 per cent on-year, led by APT revenue of $94.23 million, up 3.2 times on-year. APT averaged $1,865/mtu in Q1 2026 and reached $3,150/mtu as of March 31, 2026, compared with MSR’s revised 2026 budget assumption of approximately $1,200/mtu. In the event current price levels are sustained for the rest of the year, MSR expects to achieve materially better financial results.

Throughput is expected to recover from Q2 2026 and ramp further in Q3 2026 following the amendment of the 28-million-tonne mining licence, with full-year ore processed projected to exceed FY2025 levels.

MSR is expected to generate stronger operating cash flow and accelerate deleveraging, with revised guidance indicating net-debt-to-EBITDA declining from 3.5 times in Q1 2026 to 1.7 times by year-end.

Assuming APT prices average above $1,500/mtu, MSR targets net-debt-to-EBITDA of 0.1 times by end-2027, and conservatively net cash position by end-2028, which would create room for lower interest expenses, higher earnings quality, and potential dividend payments in the upcoming years.

Masan has announced plans to migrate MSR to the HSX mainboard, aiming to enhance value recognition, broaden the shareholder base, improve liquidity, and support strategic investor engagement.

MSN’s profit share of Techcombank in Q1 2026 was $50.77 million, up by 11.8 per cent on-year.

Building on a record Q1 2026, MSN’s revenue and NPAT Pre-MI are estimated at $1.98 billion and $176.92 million in the first half of 2026, up 38 per cent and 76 per cent on-year, respectively.

Masan posts steady gains as Vietnam targets stronger retail growth Vietnam’s push for stronger retail growth by 2030 is being matched by improving performance in the country’s major consumer groups.

Masan Consumer lifts foreign ownership limit to 100 per cent On March 18, the State Securities Commission announced that it had received Masan Consumer Corporation’s application to double its foreign ownership limit to 100 per cent.

Masan High-Tech Materials plans HSX listing Masan High-Tech Materials has released documents for its 2026 AGM, slated to take place in Hanoi on April 16.

This milestone not only affirms its outstanding academic capability, but significantly expands the high-quality international education map in the region.

Four international accreditations in 12 months

In Ho Chi Minh City’s international education landscape, authorisation to deliver the International Baccalaureate (IB) programme has long been considered a hallmark of academic excellence. However, attaining the status of a Full IB Continuum School–possessing the capacity to seamlessly implement all three core programmes from Primary Years, Middle Years, to the Diploma Programme–represents a far more rigorous echelon.

This is not merely a matter of adopting a curriculum; it is a profound systemic challenge where everything from educational philosophy and faculty proficiency to operational infrastructure must be harmonised.

Tesla Education has become the fifth institution in Ho Chi Minh City authorised to deliver the Full IB Continuum

The official award of the IB Diploma Programme certification in April 2026 marks the culmination of Tesla Education’s five-year standardisation journey. The milestone follows a rapid sequence of international accreditations secured within just 12 months: CIS (June 2025), Cambridge (July 2025), IB MYP (November 2025), and IB DP (April 2026).

This is no coincidence, but the result of a deliberate long-term strategy, underpinned by the consistent adoption and execution of the rigorous standards set by the International Baccalaureate Organisation and other leading global accreditation bodies.

Multi-tiered assurance

In an increasingly fluid world, students must combine a global outlook with the ability to adapt while remaining grounded in local values. Recognising that no single programme can fully deliver this, Tesla Education has developed a mutually reinforcing academic ecosystem, where leading international standards operate in tandem rather than isolation.

The IB Continuum serves as the backbone, shaping mindset and ensuring a coherent learning journey from Kindergarten to Grade 12. Alongside this, the Cambridge programme strengthens subject mastery, providing depth in core disciplines. While the IB is widely recognised for fostering critical thinking, independent inquiry, and global citizenship, Cambridge builds the academic rigour and subject-specific expertise sought by leading universities in the UK and the US.

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The Full IB Continuum pathway creates a learning environment where students are not only equipped with knowledge, but also develop intellectual confidence and adaptability

In particular, the integration of the Ministry of Education and Training (MoET) core curriculum within this ecosystem is by no means a “regulatory concession,” but a deliberate, strategic choice. For Vietnamese families, the MoET framework is the anchor that keeps students connected to their mother tongue, history, and national culture. This parallel integration allows students to grow the wings of an international mindset, mastering future skills while retaining their local roots. They can flexibly transition their pathways, fully prepared to step out into the world yet entirely capable of contributing to their homeland.

Strategic location and pioneering financial approach

The introduction of a full IB Continuum at Tesla Education reshapes the decision landscape for parents in Ho Chi Minh City. With most IB Continuum schools clustered in the eastern and southern districts, areas such as Tan Binh, Phu Nhuan, and Binh Tan have lacked fully integrated international pathways. Tesla Education’s campus in Tan Binh helps close this gap, offering a more balanced distribution of access across the city.

Location plays a critical role in the long-term learning experience. Reducing daily travel in increasingly congested traffic can save students one to two hours a day, preserving energy and supporting both wellbeing and participation in extracurricular activities. For many families, this also removes a significant “hidden cost” associated with long commutes.

From “exclusive” to “accessible”: Tesla Education is expanding access to the International Baccalaureate pathway for Vietnamese families

This advantage is particularly valuable for expatriate communities surrounding Tan Son Nhat Airport. For the large population of South Korean and other expatriates, the demand for an accredited, familiar international curriculum is high. A localised IB Continuum school directly meets this elite demand, sparing families from exhausting cross-city logistics.

Beyond locational leverage, Tesla Education approaches the educational investment pragmatically. With overseas study costing $30,000 to $40,000 annually, a world-class domestic pathway is increasingly attractive. To commemorate the IB Continuum milestone, Tesla has launched a DP Scholarship Fund offering up to 90 per cent tuition coverage for outstanding Grade 10 students.

Reaching up to VND500 million ($19,000), this support makes an elite IB education remarkably accessible. This initiative democratises opportunities, signalling that international education is no longer an exclusive “luxury” but a strategic, long-term investment for modern families.

Ultimately, the synergy of a prime location, a standardised global academic framework, and agile financial policies positions Tesla Education as a masterstroke of strategy. Parents can now holistically optimise both educational quality and their children’s future investment journey.

New Zealand institutes strengthen educational exchange and cooperation with Vietnam A delegation of New Zealand Institutes of Technology & Polytechnics and Private Training Establishments made its first official visit to Vietnam from March 29 to April 5.

Vietnam and Queensland deepen education ties to power innovation On April 15, the National Innovation Centre (NIC) under the Ministry of Finance, in collaboration with Trade and Investment Queensland (TIQ), hosted the Education for Innovation Showcase in Hanoi, bringing together around 80 representatives from government agencies, universities, research institutes and businesses across Vietnam and Australia.

ACCA rolls out career workshops for Vietnamese students and teachers The Association of Chartered Certified Accountants has held a workshop in Hanoi to help operationalise career guidance at school level following new regulatory direction.