Vietnam pledges best possible conditions for US investors

As part of his working visit to the US, Permanent Deputy Prime Minister Nguyen Hoa Binh on March 23 attended a business roundtable on attracting capital and promoting investment in the Vietnam International Financial Center (VIFC).

At the event, Vietnamese authorities introduced the IFC in Ho Chi Minh City and Da Nang, along with preferential policy mechanisms, legal frameworks and investment opportunities for US investors and partners.

Representatives of US enterprises and financial experts shared experience in developing international financial centers, discussed solutions to attract capital and strengthen linkages between the VIFC and the global financial system, and explored ways to enhance investment cooperation.

Binh stressed that the development of an international financial center represents an important institutional breakthrough to mobilise financial resources and high-quality human capital, contributing to economic restructuring, productivity improvement and enhanced national competitiveness.

Vietnam has now largely established a synchronised and specialised policy framework to put the center into operation and connect it with the global financial system. The National Assembly has issued Resolution No. 222/2025/QH15, laying the legal foundation for the “one center, two destinations” model in Da Nang and Ho Chi Minh City, which will complement rather than compete with each other. The Law on Specialised Court at Int’l Financial Center has also been adopted to create a dispute settlement mechanism in line with international practices, thereby strengthening investor confidence, according to VNA.

Delegates at the event (Photo: VNA)

The official called on US businesses and investors to continue partnering with Vietnam, particularly the two cities, in building and operating the VIFC, becoming pioneer investors and ambassadors to connect other potential partners. He also encouraged cooperation in developing modern financial infrastructure, high-quality human resources, green finance, fintech and digital assets, as well as applying international standards and strengthening financial supervision.

Vietnam, he affirmed, is committed to accompanying and providing the most favourable conditions for foreign investors in general and US enterprises in particular to invest and operate successfully at the VIFC. He expressed confidence that with joint efforts, the center will become a key pillar in Vietnam–US relations, bringing practical benefits to both economies and peoples.

Vietnam praised as a welcoming destination for global travelers

While many destinations around the world are being forced to introduce “soft limits” to protect themselves from tourism pressures, Vietnam appears to be moving at a different rhythm, continuing to welcome visitors while preserving its spirit of openness.

Challenges similar to those faced by other countries may arise in the future. For now, however, Vietnam’s recognition in The Telegraph and the perspectives shared by the BBC highlight a valuable distinction: the country is opening its doors without losing its inner warmth. For travelers, what endures after a journey is often not photographs, but the lasting feeling of having been genuinely welcomed.

"Vietnam saw a 22% rise in tourist numbers last year, reaching a total of almost 22 million and is showing no signs of wanting the growth to slow. The south-east Asian country has set itself a target of welcoming 25 million visitors this year. Much like Albania, a new airport is what many of these hopes are pinned on, with a hub in Long Thanh due to open in June," according to The Telegraph.

"From the otherworldly Ha Long Bay with its sprinkling of column-like islands, to the delicious cacophony of Ho Chi Minh City’s food markets, Vietnam is too often overlooked in favour of its larger neighbour Thailand, despite offering more competitive prices."

Vietnam saw a 22% rise in tourist numbers last year – and is showing no signs of wanting the growth to slow (Photo: telegraph.co.uk)

When introducing the Suoi Tien Cultural Tourism Area, the BBC expressed fascination at its distinctive character. In a region where amusement parks often follow Western themes, Suoi Tien tells Vietnam’s story through its own cultural language. Instead of fairy-tale castles or comic-book superheroes, visitors encounter layers of folklore, Buddhist symbolism and vivid Asian imagination. The towering statue of the Thousand-Handed and Thousand-Eyed Bodhisattva and the brightly coloured temples create a setting that feels unfamiliar to foreign tourists yet deeply rooted in Vietnamese tradition. The park is not merely a place of entertainment, but a living narrative where culture moves beyond museum walls into everyday life.

Northern Vietnam braces for brief cold snap before early heatwave

Northern Vietnam is expected to experience a brief spell of weak cold air before entering its first heatwave of the season toward the end of March.

According to the National Center for Hydro-Meteorological Forecasting, the current wind convergence zone is weakening rapidly, leading to a reduction in thunderstorms across the northern mountainous region, with risks of tornadoes, lightning, and hail no longer significant.

In the coming days, sunshine and rising temperatures will dominate weather conditions across the North. Around March 27-28, a weak eastward-shifting cold air mass will cause temperatures to drop slightly by about 1 degree Celsius, though the impact will be barely noticeable.

However, between March 28 and 29, scattered showers and thunderstorms are expected in northern mountainous areas.

Notably, from Monday next week (March 30), the strong influence of a western low-pressure zone will trigger localized early-season heat in the northwestern region and western areas from Thanh Hoa to Hue, with temperatures ranging from 35 to 37 degrees Celsius.

By March 31, this low-pressure system is forecast to intensify, expanding the heatwave across the northern plains and north-central region. Daytime temperatures are expected to reach 34-35 degrees Celsius, with some areas possibly exceeding this level.

Meteorologists note that due to the transitional period between seasons, northern Vietnam will continue to experience significant day-night temperature differences, sometimes reaching nearly 10 degrees Celsius, VNN reported.

Northern Vietnam may experience hot weather toward the end of the month. Illustration: Nam Khanh.

In Hanoi, temperatures on March 30-31 are expected to range from a mild 24 degrees Celsius in the early morning to a sharp increase during midday and early afternoon, with highs of 33-34 degrees Celsius creating a distinctly hot sensation.

Earlier forecasts indicated that from now until mid-April, cold air activity will remain weak while compressing low-pressure troughs over southern China, potentially causing intermittent thunderstorms accompanied by dangerous conditions such as lightning and strong gusts in northern regions.

From now until the end of March, heat will persist in the southeastern region. Moving into April, the intensity of heat is expected to increase and expand to the Mekong Delta and parts of the Central Highlands.

Localized heat may also appear in the northwestern region and western mountainous areas of the north-central region starting in late March.

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