https://www.vietnamvanguard.com/news daily 0.75 2026-09-01 https://www.vietnamvanguard.com/news/vietnam-vanguard-appoints-suresh-g-kumar-to-its-board-of-directors monthly 0.5 2026-09-01 https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/497f60d5-57b6-4367-863e-539a17f723e8/KAY_2678.png News - Vietnam Vanguard Appoints Suresh G. Kumar to its Board of Directors - Make it stand out Suresh G. 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Succession, Governance, Scale: The Next Decade’s Defining Test for Vietnam’s Leaders https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/1756026224850-VEULYS8W1D8FTD0TPADU/B9MEDIA-133.jpg News - Succession, Governance, Scale: The Next Decade’s Defining Test for Vietnam’s Leaders https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/1756026207674-6ZGVJW27QDMGCQ296EQY/B9MEDIA-123.jpg News - Succession, Governance, Scale: The Next Decade’s Defining Test for Vietnam’s Leaders https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/1756026240834-UIVWAKWV2VSB9MXD6TOC/B9MEDIA-136.jpg News - Succession, Governance, Scale: The Next Decade’s Defining Test for Vietnam’s Leaders https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/1756026242803-3JTH8MV0XVKKESQ13PBY/B9MEDIA-178.jpg News - Succession, Governance, Scale: The Next Decade’s Defining Test for Vietnam’s Leaders https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/1756026189674-JWVA54W3CWDUT15Y1KKT/B9MEDIA-99.jpg News - Succession, Governance, Scale: The Next Decade’s Defining Test for Vietnam’s Leaders https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/1756026260109-3FBNTT1FSXV3V2M9R6NN/B9MEDIA-181.jpg News - Succession, Governance, Scale: The Next Decade’s Defining Test for Vietnam’s Leaders https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/1756026275664-UG822SW2OUY42HZC9XCJ/B9MEDIA-183.jpg News - Succession, Governance, Scale: The Next Decade’s Defining Test for Vietnam’s Leaders https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/1756026277402-3G0MX5G7O6849C6LIICT/B9MEDIA-184.jpg News - Succession, Governance, Scale: The Next Decade’s Defining Test for Vietnam’s Leaders https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/1756026292848-ZVAHROZ1JTAS6ZX7KQPH/B9MEDIA-185.jpg News - Succession, Governance, Scale: The Next Decade’s Defining Test for Vietnam’s Leaders https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/1756026295095-J6573NN9JQB88HEGUN4V/B9MEDIA-189.jpg News - Succession, Governance, Scale: The Next Decade’s Defining Test for Vietnam’s Leaders https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/1756026310267-9F6EMQZ8KKTUT88I9GX6/B9MEDIA-194.jpg News - Succession, Governance, Scale: The Next Decade’s Defining Test for Vietnam’s Leaders https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/1756026312133-XMQ859DJPR70GTLGRZSY/B9MEDIA-231.jpg News - Succession, Governance, Scale: The Next Decade’s Defining Test for Vietnam’s Leaders https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/1756026327977-WDPR1VNNC7UJBK532TE9/B9MEDIA-239.jpg News - Succession, Governance, Scale: The Next Decade’s Defining Test for Vietnam’s Leaders https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/1756026345439-K76R0BC7H2Z1JPA2W063/B9MEDIA-250.jpg News - Succession, Governance, Scale: The Next Decade’s Defining Test for Vietnam’s Leaders https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/1756026347660-ZRAZ5K9FWAPGX7E7DNF9/B9MEDIA-255.jpg News - 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Succession, Governance, Scale: The Next Decade’s Defining Test for Vietnam’s Leaders https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/1756026397174-V26PIBQELQN0H69FT48L/B9MEDIA-307.jpg News - Succession, Governance, Scale: The Next Decade’s Defining Test for Vietnam’s Leaders https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/1756026399682-FE3WZ9JCIBZTLF7FHOZZ/B9MEDIA-309.jpg News - Succession, Governance, Scale: The Next Decade’s Defining Test for Vietnam’s Leaders https://www.vietnamvanguard.com/news/when-vietnam-meets-singapore-a-new-partnership-for-regional-scale monthly 0.5 2025-08-08 https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/bce80a88-fbbc-4a5f-b10a-60d087782b18/vietnam+vanguard+and+singapore+EDB+partnership News - When Vietnam Meets Singapore: A New Partnership for Regional Scale - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.vietnamvanguard.com/news/the-talent-shift-behind-the-second-curve-janus-supports-vanguard-connect-aug-2025 monthly 0.5 2025-07-29 https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/244246c9-3d14-4aa1-9572-9e41df74a8f1/vanguard+-+JANUS+sponsorship.png News - 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Nguyen Ngoc Thai Binh Joins Vanguard Board, Bringing REE Expertise - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.vietnamvanguard.com/news/vanguard-appoints-chrystie-dao-rccas-managing-partner-as-board-director monthly 0.5 2025-07-27 https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/af719b3b-7f60-4536-8efc-14dfc7710abf/414720990_746246524203892_201241327358264531_n.jpg News - Vanguard Appoints Chrystie Dao, RCCA’s Managing Partner, as Board Director - Make it stand out Chrystie Dao, Managing Partner, RCCA (Resu Consulting and Capital Advisory) https://www.vietnamvanguard.com/news/vanguard-welcomes-quang-pham-abb-private-equitys-general-partner-and-executive-ic-member-as-board-director monthly 0.5 2025-07-27 https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/208e45c9-538f-438c-a232-a15dede21eec/Quang+Pham%2C+General+Partner+and+Executive+Investment+Committee+Member%2C+ABB+Private+Equity News - Vanguard Welcomes Quang Pham, ABB Private Equity’s General Partner and Executive IC Member, as Board Director - Make it stand out Quang Pham, General Partner and Executive Investment Committee Member, ABB Private Equity https://www.vietnamvanguard.com/news/harry-hoang-nguyen-joins-vanguard-as-founding-member-board-director monthly 0.5 2025-07-27 https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/c72fd9bb-480e-4f60-993b-9acfc5b72874/Vanguard+welcomes+Harry+Nguyen+as+founding+member+and+board+director News - Harry Hoang Nguyen joins Vanguard as Founding Member & Board Director - Make it stand out From left to right: Cuong Dang, Thai Binh Nguyen (Deputy General Director, REE Corporation), Harry Nguyen, Betty Bui Do https://www.vietnamvanguard.com/news/vanguard-launches-a-new-era-for-vietnams-next-generation-leaders monthly 0.5 2025-07-27 https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/c58aeabf-8145-47bf-be77-3322ae583d9f/First+event+to+announce+Vanguard+to+the+young+executive+business+community+in+Vietnam News - Vanguard Launches: A New Era for Vietnam’s Next-Generation Leaders - Make it stand out First event to announce Vanguard to the young executive business community in Vietnam https://www.vietnamvanguard.com/insights daily 0.75 2026-10-17 https://www.vietnamvanguard.com/insights/tesla-vietnam-market-audit-vinfast monthly 0.5 2026-10-16 https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/7d5a4ad3-03d9-45b9-adea-5e4bcf0a80d5/tesla-750x500.webp Vietnam Vanguard Insights - Tesla's $3 Million Landing in Vietnam is a Market Audit, on VinFast. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/1f0c9e22-d52a-4cca-ac47-19c3e64f4fe1/qa-17641430428872118408179-1764150304021-1764150304606602490144.jpg Vietnam Vanguard Insights - Tesla's $3 Million Landing in Vietnam is a Market Audit, on VinFast. - Make it stand out Phạm Nhật Quân Anh — VinFast Chairman & CEO https://www.vietnamvanguard.com/insights/agris-three-front-case-higher-multiple monthly 0.5 2026-10-16 https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/aabf18c8-399d-4fe9-b81f-1c0a9f01da30/uc+my+dang+at+AgriS+global+innovation+center+launch.png Vietnam Vanguard Insights - AgriS Chases an Ingredients Multiple With Brands, Capital and R&D - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/bc7ab8b2-87c9-4250-a248-fa2519e21525/chart-1-ev-ebitda-gap-helvetica.pdf+%281%29.png Vietnam Vanguard Insights - AgriS Chases an Ingredients Multiple With Brands, Capital and R&D - Make it stand out At 18.8x, Balchem trades on technology and formulation — not on the commodity discount the sector's biggest players still carry. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/9eed8b8f-084f-4869-8652-873aaada1724/Cocoxim.png Vietnam Vanguard Insights - AgriS Chases an Ingredients Multiple With Brands, Capital and R&D - Make it stand out Betrimex’s Cocoxim — Vietnam's best-selling coconut and plant-based water brand by volume in 2025 (Euromonitor) https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/7240d6e9-3ce2-408d-85af-d48e336979c5/AZF_5780.png Vietnam Vanguard Insights - AgriS Chases an Ingredients Multiple With Brands, Capital and R&D - Make it stand out Omi Dang, Chairlady of AgriS and Betrimex, at their Global Innovation Hub launch event in Singapore on Sept 16th, 2026 https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/d2fd2ad3-04cf-499a-9c6b-21a8004845f8/chart-2-research-footprint-helvetica.pdf+%281%29.png Vietnam Vanguard Insights - AgriS Chases an Ingredients Multiple With Brands, Capital and R&D - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/48267e0a-743a-49c7-9fdd-7c2ff4120c5d/chart-3-2030-target-helvetica.pdf.png Vietnam Vanguard Insights - AgriS Chases an Ingredients Multiple With Brands, Capital and R&D - Make it stand out The number to hold AgriS accountable to isn't the target itself — it's whether branded revenue actually grows toward it. https://www.vietnamvanguard.com/insights/the-hard-truths-about-vietnams-capital-markets monthly 0.5 2026-10-16 https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/ba1e8cad-7fd4-4810-88da-6c52a059657b/10+hard+truths+at+CIF+2026+by+vietnam+vanguard.png Vietnam Vanguard Insights - Ten Hard Truths About Vietnam's Capital Markets - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/957b1fe1-f184-4b0a-a91d-474681053e1a/chart1_bank_vs_market.png Vietnam Vanguard Insights - Ten Hard Truths About Vietnam's Capital Markets - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/104b6ef7-406d-4a80-8d37-b515d1b8b0b0/chart2_market_cap.png Vietnam Vanguard Insights - Ten Hard Truths About Vietnam's Capital Markets - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/b1b495ef-e4c1-497f-94fc-a3c58e68c356/chart3_outflows.png Vietnam Vanguard Insights - Ten Hard Truths About Vietnam's Capital Markets - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.vietnamvanguard.com/insights/vietnam-reit-singapore-capital-flight monthly 0.5 2026-10-16 https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/77bef08b-cb58-4ed3-a3eb-7f8bc993686d/DJI_0284-scaled.jpg Vietnam Vanguard Insights - The REIT Vietnam Never Built is Already Running, from Singapore - Make it stand out Photo: Core5 Factory Village Hai Phong project located in the DEEP C 2 Industrial Zone within the Đình Vũ - Cát Hải Economic Zone in Haiphong, Vietnam — developed by Indochina Kajima Development (a joint venture between Indochina Capital and Japan's Kajima Corporation). https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/e66d7cfe-7a8d-4e44-a152-88a71a9b2188/chart_1_supply_growth.png Vietnam Vanguard Insights - The REIT Vietnam Never Built is Already Running, from Singapore - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/ce571a16-1f60-490a-b423-7cec6224c9fe/chart_2_yield_comparison.png Vietnam Vanguard Insights - The REIT Vietnam Never Built is Already Running, from Singapore - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/2c1ed8fb-b27b-4b08-8a3a-65e720f009d8/DTH01143.png Vietnam Vanguard Insights - The REIT Vietnam Never Built is Already Running, from Singapore - Make it stand out Michael Piro — Co-CEO, Indochina Capital https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/f6c3e2d1-46e9-4943-a883-038de590501b/chart_3_reit_scale_gap.png Vietnam Vanguard Insights - The REIT Vietnam Never Built is Already Running, from Singapore - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/1c4580e1-6025-4d14-8fc8-48c94d89e57b/chart_4_tax_friction.png Vietnam Vanguard Insights - The REIT Vietnam Never Built is Already Running, from Singapore - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.vietnamvanguard.com/insights/vietnam-fdi-shift-michael-piro-infrastructure monthly 0.5 2026-10-16 https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/e33fad3e-1f31-486a-8b3c-6c04204f9806/DTH00692.png Vietnam Vanguard Insights - Vietnam's FDI Story: Beyond Cheap Labor - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.vietnamvanguard.com/insights/vietnam-ecommerce-seller-consolidation-compliance monthly 0.5 2026-10-16 https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/1791797080305-A0GL2M572TL4K7WTN0B5/unsplash-image-yZdtgVjWJRA.jpg Vietnam Vanguard Insights - The Great Vietnamese Seller Cull - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/6f212587-5695-4d92-af83-a07d8637ed71/shopee-300821.jpg Vietnam Vanguard Insights - The Great Vietnamese Seller Cull - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/fefaad8b-5f50-4d9e-8753-e22c6ec067fc/vietnam-ecommerce-divergence-chart.png Vietnam Vanguard Insights - The Great Vietnamese Seller Cull - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.vietnamvanguard.com/insights/michael-rosen-vietnam-ve-de-di-whisky monthly 0.5 2026-10-16 https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/447fe98a-2ca6-4d6d-b0c4-2d4f7c7e7802/Lenin+statue+in+NYC.png Vietnam Vanguard Insights - Real Estate Developer Behind Wall Street’s Lenin Statue is Betting Big on Vietnam’s First Global Whisky Brand - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/6b0ce6e5-b0c0-41f7-9e72-e480e6a0a0e6/2a5dc8a7-3179-46fd-9562-e4d992c1bc15_1024x683.png Vietnam Vanguard Insights - Real Estate Developer Behind Wall Street’s Lenin Statue is Betting Big on Vietnam’s First Global Whisky Brand In the spring of 1989, a crane lowered an eighteen-foot bronze statue of Russian revolutionary Vladimir Lenin onto the roof of a thirteen-story red brick building at the corner of Houston and Essex, on Manhattan's Lower East Side. The arm was raised in a fixed, permanent salute, aimed south, directly at Wall Street, less than three miles away. Ronald Reagan had spent the decade calling the Soviet Union an evil empire. The Berlin Wall was still standing. Moscow was still, to most of New York, the enemy. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/39a09b48-35f6-4d30-b10d-115df920563c/michael+rosen+ve+de+di+whiskey+2.png Vietnam Vanguard Insights - Real Estate Developer Behind Wall Street’s Lenin Statue is Betting Big on Vietnam’s First Global Whisky Brand He is, at 70, on his fourth or fifth career, depending how you count. Rosen doesn't build the raw material. He never has. What he builds, over and over, is the structure that makes scattered, underpriced material legible to someone else: a market, an institution, a family. That's what he did with a jumble of small Vietnamese agricultural companies in 2012, when he built PAN Group into a story international capital could price (more on this later). It's what he's doing now, at a much smaller and riskier scale, with Về Để Đi, the single malt distillery he founded in Hanoi in 2020 — Vietnam's first, and so far only, entry into a category of hot-climate whisky that Taiwan and Israel have already proven can compete with Scotland. Vietnam imports $440 million of whisky a year and, until Rosen showed up, produced none of its own. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/6e7c5687-59c7-4fff-be68-59587fd3c434/Shinjuku+tokyo+-+whiskey+bar+1000s.jpg Vietnam Vanguard Insights - Real Estate Developer Behind Wall Street’s Lenin Statue is Betting Big on Vietnam’s First Global Whisky Brand Years later, his son Ripton flew to meet him in Hong Kong, the two took a bonding trip to Japan, then ended up at a small bar in Shinjuku (Tokyo), working through half-drams — Highlands, then Speyside, finally a Lagavulin from Islay. By the end of the night Rosen realized father and son had just drunk their way through a century of whisky history in a single sitting. That idea had already been buried twice. CIS and its T1X platform were headquartered at what became Ground Zero; September 11 flattened the building and shelved the T+1 transition, taking most of Rosen's net worth with it. He moved to Hong Kong, founded Brighton Energy, and spent close to a decade chasing nuclear power projects across Asia — until the 2011 Fukushima earthquake and tsunami froze nuclear investment overnight. Adrift again in Hong Kong, a short flight from Vietnam, Rosen finally thought back to Nguyễn Duy Hưng. "God bless him, he'd kept the offer open," Rosen says, laughing. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/af4eb4b6-00ae-41eb-a82b-4a2a91b9990e/ve+de+di+distill-image-01.png Vietnam Vanguard Insights - Real Estate Developer Behind Wall Street’s Lenin Statue is Betting Big on Vietnam’s First Global Whisky Brand - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/83759846-e16d-4604-8388-464b36eff099/487884688_10162783993142708_2309698824561128164_n.jpg Vietnam Vanguard Insights - Real Estate Developer Behind Wall Street’s Lenin Statue is Betting Big on Vietnam’s First Global Whisky Brand - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/1cb2a51e-4ff7-4de0-9a30-226a7cf67499/472129816_563867186522880_1169245965743887852_n.jpg Vietnam Vanguard Insights - Real Estate Developer Behind Wall Street’s Lenin Statue is Betting Big on Vietnam’s First Global Whisky Brand - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.vietnamvanguard.com/insights/vietnam-capital-efficiency-time-value-of-money monthly 0.5 2026-10-16 https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/3eefe5f7-a3ea-45eb-b27a-810c93bd4215/C7BZQZI7HJIQHD6RLWDGHCRMHY.png Vietnam Vanguard Insights - Indochina Capital’s Peter Ryder: Vietnam Capital is “the Cheapest Money in Years” - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/bddbb62e-bcc1-45df-a96f-cd85f37652a5/vietnam-capital-efficiency-chart.png Vietnam Vanguard Insights - Indochina Capital’s Peter Ryder: Vietnam Capital is “the Cheapest Money in Years” - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/ee3f3ec5-7d8b-47bd-8d3a-5a58cad60d7b/DA__0611.png Vietnam Vanguard Insights - Indochina Capital’s Peter Ryder: Vietnam Capital is “the Cheapest Money in Years” "Honestly, we're lucky if we can underwrite new projects today at 15%. You can get more than that easily in Europe, in the Americas, in other parts of Asia. So from my perspective, the biggest challenge to attracting the next wave of capital — domestic or foreign — is to make the investment process here much easier, because it is the time value of money that's killing one's return. What should take 12 to 18 months, unfortunately, here will take 36 to 48 months." Peter Ryder, Executive Chairman Indochina Capital https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/76b2adf8-e511-441d-8a65-fd0cebb0e48e/NBC09782.png Vietnam Vanguard Insights - Indochina Capital’s Peter Ryder: Vietnam Capital is “the Cheapest Money in Years” “If you reduce the risk of doing business in Vietnam, the cost of capital comes down... any area where you make it easier to do business, more efficient, better infrastructure, quicker to export something because the port is better run — all of that reduces the risk premium.” Nirukt Sapru, Chairman Jardine Matheson Vietnam https://www.vietnamvanguard.com/insights/vietnam-new-capitalists-capital-allocation monthly 0.5 2026-10-17 https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/50e2ecb3-9d7b-42e9-b686-fdd150b4b65f/gelex+leadership.png Vietnam Vanguard Insights - The New Face of Capital - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/710b7fd2-1514-4a3f-bd73-176535421224/fortune+southeast+asia+500+-+GELEX.jpeg Vietnam Vanguard Insights - The New Face of Capital Within this landscape, GELEX Group has emerged as a compelling contestant. It was not built as a startup story. It’s a sequence of acquisitions, reconstructions and strategic repositioning, with the declared objective of becoming one of Vietnam's premier investment conglomerates within the medium term. That ambition is future-facing. As of late 2025, GELEX is already a company of considerable scale. It ranked 217th on Fortune's list of the 500 largest companies in Southeast Asia. Consolidated revenue reached approximately VND 39,500 billion, up more than 17% year-on-year. Pre-tax profit hit a record of around VND 4,600 billion, a near-30% increase. Total assets stood at roughly VND 73,500 billion. The electrical equipment division accounts for close to 63% of revenue; the infrastructure and industrial zone segment contributes the long-cycle earnings and structural growth runway. GELEX reached this scale by growing revenue and assets nearly sixfold in roughly a decade. Revenue and profit rose steadily; the balance sheet expanded rapidly; the business mix shifted from pure manufacturing toward long-duration infrastructure. That shift, and the size of assets it involved, demanded financial leverage and dependence on credit cycles. Accordingly, GELEX spent 2024 and 2025 restructuring actively: listing subsidiaries, recalibrating its capital structure, and formalizing relationships with financial partners. These moves represent a transition from asset accumulator to active capital manager — buying and rotating assets in cycle, in keeping with its stated ambition of becoming an investment holding group. This trajectory is not a tactical improvisation. It is the product of a sequence of deliberate strategic decisions, reflecting both a coherent development logic and the DNA of a leadership team that has been in place since the early stages of the growth cycle. Before that decade of expansion, the group looked entirely different. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/e5ba8555-ab86-4da2-a125-1f69130032b8/eximbank-17709786375621570771721.webp Vietnam Vanguard Insights - The New Face of Capital Capital Markets as Enabler During key restructuring phases, VIX Securities appeared as an active proprietary investor within the broader ecosystem, supporting liquidity and transaction execution. While not formally an investment bank in the traditional sense, its participation reflected a familiarity with capital markets as a strategic tool. That familiarity aligns with the background of the group’s leadership, which includes early experience in Vietnam’s securities sector. In emerging markets, where capital markets remain relatively young, this fluency can provide flexibility during periods of consolidation and transition. At the same time, the next stage of development typically demands something different: not simply access to capital, but disciplined allocation of it across cycles. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/880f1ba6-af0d-430a-acf4-5bff58632eb2/cadivi50years+2.jpeg Vietnam Vanguard Insights - The New Face of Capital - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.vietnamvanguard.com/insights/vpbank-fe-credit-billionaire-exit monthly 0.5 2026-10-17 https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/e5851154-14a8-4e4a-b985-5bbdddfb3d79/ngo+chi+dung+vpbank+chair.png Vietnam Vanguard Insights - Inside the Trade That Built VPBank’s Billionaire Chairman - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/8f360ea1-bd4e-41de-9c19-bf1f2f1fc07d/fe+credit.webp Vietnam Vanguard Insights - Inside the Trade That Built VPBank’s Billionaire Chairman - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/85ff54f1-6286-4b51-aa8b-add74f2ba3dc/vp+bank.webp Vietnam Vanguard Insights - Inside the Trade That Built VPBank’s Billionaire Chairman - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/a139cb06-68da-4fa6-9f4a-ffe8235d9b98/620370758_18068945663182369_881139124570185145_n.jpg Vietnam Vanguard Insights - Inside the Trade That Built VPBank’s Billionaire Chairman - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.vietnamvanguard.com/insights/vinamilk-ownership-ceiling-thai-capital monthly 0.5 2026-10-16 https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/a9ab4372-3c32-4dd1-b0be-c1409c8957b2/hero_Banner_fb7add5c1f_66bb4c393c.png Vietnam Vanguard Insights - The Vinamilk Ceiling: Why Thai Capital Stopped at 24.99% - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/37011b48-5cc6-4398-93fc-e5e845aef084/chart1_vinamilk_ownership.png Vietnam Vanguard Insights - The Vinamilk Ceiling: Why Thai Capital Stopped at 24.99% - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/37ac17cd-235e-4e63-910f-75386b041627/chart2_stake_trajectory.png Vietnam Vanguard Insights - The Vinamilk Ceiling: Why Thai Capital Stopped at 24.99% - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/1852e4e1-a114-417e-b5ac-fa82c206ba16/Dong-nai-Feed-mill-36000-TPM.jpg Vietnam Vanguard Insights - The Vinamilk Ceiling: Why Thai Capital Stopped at 24.99% - Make it stand out C.P. Vietnam Livestock Corporation, Bien Hoa 2 Industrial Park, Dong Nai Province https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/26e4f326-af7f-46ae-ba84-f5f2ee16548d/chart3_thailand_asean_growth.png Vietnam Vanguard Insights - The Vinamilk Ceiling: Why Thai Capital Stopped at 24.99% - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/b931f7ba-9df3-4de1-afca-94f201c6fd39/banner2_3dd40b3ac2_296aba7f29.png Vietnam Vanguard Insights - The Vinamilk Ceiling: Why Thai Capital Stopped at 24.99% - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.vietnamvanguard.com/insights/vietnam-ifc-timeline-financing-gap monthly 0.5 2026-10-17 https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/7e36d3b2-84b7-4043-8212-2dea6211e435/NBC09276+%282%29.png Vietnam Vanguard Insights - Vietnam’s $200 Billion and a 5-Year Test on its IFC - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/87bdabf9-b970-4827-a455-d0da52de2951/vietnam-ifc-timeline-chart.png Vietnam Vanguard Insights - Vietnam’s $200 Billion and a 5-Year Test on its IFC - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.vietnamvanguard.com/insights/vietnam-retail-penetration-missing-middle monthly 0.5 2026-10-17 https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/3b1eb9dc-7e86-451c-a47d-b8d0710c5715/NBC07805.png Vietnam Vanguard Insights - Vietnam's Missing Middle: The Same Gap Behind a 13% Retail Ceiling and a Rice Discount - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/4a366597-245f-43c1-8519-bf54494089cd/vietnam-retail-penetration-chart.png Vietnam Vanguard Insights - Vietnam's Missing Middle: The Same Gap Behind a 13% Retail Ceiling and a Rice Discount - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/0993cec0-e817-4a1b-b930-b06590dfc142/DOAN3462.png Vietnam Vanguard Insights - Vietnam's Missing Middle: The Same Gap Behind a 13% Retail Ceiling and a Rice Discount “Vietnam has amazing products here — some of the best commodities. The best rice in the world is here, but unfortunately, we don't always know how to pack it, supply it, or market it abroad.” Olivier Langlet, Group CEO Central Retail Vietnam https://www.vietnamvanguard.com/insights/vietnam-offshore-wind-ppa-bankability monthly 0.5 2026-10-17 https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/67428c68-9757-4136-8e6e-3a7ddd97e45f/The+Bac+Lieu+wind+power+plant+in+southern+Vietnam.png Vietnam Vanguard Insights - Vietnam's Wind Farms Need $17 Billion with Contracts Aren't Built to Raise It. - Make it stand out The Bac Lieu wind power plant in southern Vietnam’s Bac Lieu province has a capacity of nearly 100MW. The offshore wind plant has so far provided more than 1.1 billion kilowatt-hours to the national grid. (Photo by Duy Khuong – VNA) https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/081d8d0d-cdc6-4c8a-9061-0fb41c49ea3e/NBC00675.png Vietnam Vanguard Insights - Vietnam's Wind Farms Need $17 Billion with Contracts Aren't Built to Raise It. - "Local banks are happy to bank on [the current PPA structure]. They're very familiar with the government and EVN credit risk." Hanh Nguyen, Project Development Director — REE Energy https://www.vietnamvanguard.com/insights/vietnam-healthcare-old-before-rich monthly 0.5 2026-10-17 https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/a99175d7-fbac-421f-a44f-3ac2b9e3b9aa/vietnam-faces-critical-shortfall-in-elderly-care-facilities-99c64534c85d4851aaaf2ccc872f05c2-721.jpeg Vietnam Vanguard Insights - Old Before Rich: Vietnam's Healthcare Demand is Certain, Its Ability to Pay tells a Different Story. - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/9274b59a-9fcc-4706-9718-4dfa8807cea3/NBC00567.png Vietnam Vanguard Insights - Old Before Rich: Vietnam's Healthcare Demand is Certain, Its Ability to Pay tells a Different Story. - Make it stand out Dr. Melvin Heng, Group CEO of Thomson Medical, speaking at 1T SUMMIT Jan 7th 2026 in Ho Chi Minh City, Vietnam https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/47bef53b-3028-4719-b3f8-a60a155bd950/fv-hospital-tien-sanh.jpg Vietnam Vanguard Insights - Old Before Rich: Vietnam's Healthcare Demand is Certain, Its Ability to Pay tells a Different Story. - Make it stand out FV Hospital in Phu My Hung, Tan My Ward, Ho Chi Minh City — one of Thomson Medical’s acquisitions in Vietnam https://www.vietnamvanguard.com/insights/vietnam-industrial-real-estate-institutional-moment monthly 0.5 2026-10-17 https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/1791795610264-F676HUIDEHVCPF4W3QJ9/unsplash-image-EbWNk2duHRY.jpg Vietnam Vanguard Insights - Vietnam's Industrial Property Is Being Priced Like China in 2006 - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.vietnamvanguard.com/insights/vietnam-semiconductor-sequencing-skip-the-fab monthly 0.5 2026-10-16 https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/1791796767568-RN8UU5SAOTDMO3BE0V25/unsplash-image-iT6JxuLLV54.jpg Vietnam Vanguard Insights - Vietnam’s Semiconductor: Skip the Fab - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/0b6d456e-8c4c-4545-9fab-9d8456893271/vietnam-semiconductor-sequence-chart.png Vietnam Vanguard Insights - Vietnam’s Semiconductor: Skip the Fab - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.vietnamvanguard.com/insights/vietnam-talent-synthesis-gap-education-ceiling monthly 0.5 2026-10-16 https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/7d1e2482-ae2a-4727-afce-24dbd70e9f3e/NBC00295.png Vietnam Vanguard Insights - Vietnam's Synthesis Problem - Make it stand out Executives across Vietnam's technology and financial sectors keep independently naming the same gap in the country's talent. The real data complicates their story more than it confirms it — and it isn't obvious whether the fix is educational, economic, or something one Vietnamese company has already built into its operating model. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/06197d9d-588e-4d46-b5d4-5289561457fe/NBC00318.png Vietnam Vanguard Insights - Vietnam's Synthesis Problem - What the Numbers Actually Say — and the Two Ways to Read Them Dr. Tuan Phan, Associate Professor in Marketing and Innovation & Information Management, Director of the Representative Office of HKU in Vietnam — University of Hong Kong https://www.vietnamvanguard.com/insights/vietnam-semiconductor-beyond-the-optics monthly 0.5 2026-10-16 https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/520abb2c-6e46-447a-aa49-1c8d6883e4df/2-1713606083.jpg Vietnam Vanguard Insights - Beyond the Optics — Vietnam and the Semiconductor Race https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/d9e0861a-0e53-40e0-80ac-f2dcba04f7c0/jensen+huang+nvidia+in+vietnam.png Vietnam Vanguard Insights - Beyond the Optics — Vietnam and the Semiconductor Race https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/31c30304-9d09-428c-8d55-9046a7787482/jensen-huang-vietnam-is-my-second-home-my-home-in-vietnam-v0-unquu6jpl55e1.jpg Vietnam Vanguard Insights - Beyond the Optics — Vietnam and the Semiconductor Race https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/98c55356-741b-47bc-ae90-7f600277dcfe/tap-doan-dien-tu-nhat-ban-renesas-vua-ky-hop-tac-phat-trien-o-to-dien-voi-vinfast-co-tiem-luc-manh-nhu-the-nao-1664194876.jpeg Vietnam Vanguard Insights - Beyond the Optics — Vietnam and the Semiconductor Race https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/7cb47618-c79d-428d-8b32-21b5f6c7d9f8/TW-Vietnam-Semiconductors_Masthead.png Vietnam Vanguard Insights - Beyond the Optics — Vietnam and the Semiconductor Race - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/7f5f7c05-b84c-47d1-85ea-d204563809c7/z54498715663446dee196facd279e4d5d7166f1e9516a7-1715944160807992258717.webp Vietnam Vanguard Insights - Beyond the Optics — Vietnam and the Semiconductor Race Lợi Nguyễn, Senior Vice President at Marvell Technology https://www.vietnamvanguard.com/insights/vietnams-international-financial-centre-why-markets-are-waiting monthly 0.5 2026-10-16 https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/bf4e4dad-2aa6-430e-9139-494ed3c24b1b/viber_image_2025-08-19_09-59-45-068.jpg Vietnam Vanguard Insights - Vietnam's International Financial Center: What Global Capital Will Test Next - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/fbdcf069-f308-469b-b0c6-4d0217f05371/1766279403980578-17662795227071662106233.jpg Vietnam Vanguard Insights - Vietnam's International Financial Center: What Global Capital Will Test Next - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/3f71357a-bbbd-4cfe-b6b4-dda06c512996/e65eb0786b4a3493aee53b4c16819880.jpeg Vietnam Vanguard Insights - Vietnam's International Financial Center: What Global Capital Will Test Next “I emphasize the word easy deliberately. Investors evaluate countries through experience. Easy entry is visas and immigration. Easy living is safety and amenities. Easy working is digital infrastructure and procedures. And most important of all is easy exit.” — Jason Hoang, CEO of Investream https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/28752ecc-debe-4c80-bee1-a10510975431/145bdb9acbec2d7c398f250a91655618fdacde8d.webp Vietnam Vanguard Insights - Vietnam's International Financial Center: What Global Capital Will Test Next "Political stability is necessary, but it has never been sufficient. Investors need a predictable legal system, contracts that are enforced to the end, and assurance that capital will not be trapped by unexpected barriers midway through an investment." —Babak Dastmaltschi, former head of wealth management at Credit Suisse and UBS https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/a372b19b-aaf5-4b79-b153-3308a8f4c8c1/arnold-20-12-2025-bcg.jpg Vietnam Vanguard Insights - Vietnam's International Financial Center: What Global Capital Will Test Next Three benchmark international financial centres: Dubai, Singapore, and Hong Kong. Their common denominator was not scale or geopolitics, but institutional design from the outset. All operate under English common law, aligned with global financial standards, and function as legal enclaves with a high degree of autonomy, including independent courts — a foundation critical to international investor confidence. Arnaud Ginolin, Managing Director & Partner— BCG Vietnam https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/53645111-7712-4cf8-8acc-1b98b9d88ea9/sandy-ravaloniaina-rNfjZ-hsXXg-unsplash.jpg Vietnam Vanguard Insights - Vietnam's International Financial Center: What Global Capital Will Test Next - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/2fa1cef8-970e-41b3-aac3-1cd9def7d438/482202346_958184616512542_2339948045102186989_n.jpg Vietnam Vanguard Insights - Vietnam's International Financial Center: What Global Capital Will Test Next - Make it stand out Chua Hak Bin, chief economist for ASEAN at Maybank Kim Eng https://www.vietnamvanguard.com/insights/the-capital-shift-that-cannot-be-postponed monthly 0.5 2026-10-16 https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/c1d207eb-48cd-44fb-af55-d4f582526a42/1-duong-hung-vuong-17276898541141420226728.webp Vietnam Vanguard Insights - The Capital Shift That Cannot Be Postponed - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/faa67f50-26d9-453f-9923-a3708d112917/Deputy+Prime+Minister+and+Foreign+Minister+Bui+Thanh+Son+attends+a+meeting+as+part+of+the+46th+ASEAN+Summit+in+Kuala+Lumpur%2C+Malaysia%2C+in+May+2025.webp Vietnam Vanguard Insights - The Capital Shift That Cannot Be Postponed - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/cc52b591-76d7-4e38-ab4c-d052381e6cff/chu+tich+quoc+hoi+tran+thanh+man.jpg Vietnam Vanguard Insights - The Capital Shift That Cannot Be Postponed A New Challenge: Mobilizing Capital at Scale Vietnam’s ambition to join the US$1 trillion club in the 2030s requires a shift in approach. The country can no longer rely solely on the reform logic of the past 30 years. The next stage demands the ability to mobilize and allocate capital at unprecedented scale. Infrastructure sits at the center of this challenge. It is the platform that enables productivity and scale — and a necessary condition for maintaining growth momentum and policy commitment. Vietnam’s infrastructure needs for 2025–2030 are estimated at US$245 billion (VIS Rating & CGIF). Yet public investment stands at roughly US$18.7 billion per year. On November 25, 2025, the National Assembly approved Resolution 245/2025/QH15, outlining a 2026 budget of US$126 billion, up more than 24% from 2025, with a deficit of 4.2% of GDP. Ambitious as this is, the numbers underscore a structural truth: fiscal tools alone cannot close the capital gap. 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Singapore invested decades in leadership pipelines across both public and private sectors before reaching its current level of institutional sophistication. United Arab Emirates paired digital ambition with sustained investment in human capital development. 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The individuals are dressed in business attire and are smiling for the photo. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/a6ea2c59-6359-4404-8d0d-f521d45ab8fb/NBC02321.jpg Join Vanguard Group of people socializing at an indoor event, with a projector screen and colorful background. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/d9c9cfe5-4cf7-41b0-bac9-f9dc418e8e25/B9MEDIA-160.jpg Join Vanguard Side view of a man with styled brown hair, in a black suit, sitting attentively among other people at an indoor event. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/3f69f63c-8baf-4b64-8735-a343c1e9860f/NBC01924.jpg Join Vanguard Group of people socializing in a bar with a screen displaying 'Vanguard' in the background. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/1756026397174-V26PIBQELQN0H69FT48L/B9MEDIA-307.jpg Join Vanguard Group of six diverse people standing together at a conference, smiling for the photo, with stage and chairs in the background. https://www.vietnamvanguard.com/home daily 1.0 2026-10-16 https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/1756026347660-ZRAZ5K9FWAPGX7E7DNF9/B9MEDIA-255.jpg Vietnam Vanguard — the independent leadership and intelligence platform for Vietnam’s new era. A man in a dark suit and red patterned tie speaking at a podium decorated with pink and white flowers. The podium has a sign that reads 'Vanguard WashU'. Behind him is a dark background with the words 'STRATEGIC' and 'NINA NGUYEN' and a university shield logo. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/1756026205979-2UHZTMUUXGVVFDH4LWEY/B9MEDIA-118.jpg Vietnam Vanguard — the independent leadership and intelligence platform for Vietnam’s new era. A man in a black suit, white shirt, and glasses speaking into a microphone on stage at a conference or event. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/5487c908-9ec7-4ccb-9c84-2ffef20abcb4/DTH02099.jpg Vietnam Vanguard — the independent leadership and intelligence platform for Vietnam’s new era. Four people in conversation at a professional networking event or conference, with others seated and standing in the background. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/1756026242803-3JTH8MV0XVKKESQ13PBY/B9MEDIA-178.jpg Vietnam Vanguard — the independent leadership and intelligence platform for Vietnam’s new era. Two men seated on a stage, engaging in a discussion. The man on the left has gray hair, glasses, and is speaking into a microphone, wearing a dark blazer and a white shirt. The man on the right has dark hair, and is listening attentively, wearing a dark blazer. There is a table with a potted plant, a bottle of water, and glassware in front of them. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/1756026379472-5ES91679LFV7EDU3MJ61/B9MEDIA-289.jpg Vietnam Vanguard — the independent leadership and intelligence platform for Vietnam’s new era. A man wearing glasses and a dark blazer sitting indoors, speaking into a microphone during a discussion or interview. There are flowers and water bottles on a table nearby, and a woman is partially visible holding a smartphone in the foreground. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/1dfab679-11bd-4569-b152-9c262a32c79e/DTH03043.jpg Vietnam Vanguard — the independent leadership and intelligence platform for Vietnam’s new era. Two men in suits smiling and posing together at a conference, standing in front of a black backdrop with words and logos including 'Scaling Beyond Boundaries' and 'Leaders Network.' https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/a181592e-6496-46c1-9ea9-a6d1c47c924f/Vanguard+%28155%29.jpeg Vietnam Vanguard — the independent leadership and intelligence platform for Vietnam’s new era. Large digital screen displaying the title 'Scaling Beyond Borders' at a conference, with logos of Vanguard, SG Leaders Network, and Resu at the top, and a red illuminated 'Vanguard' sign in the foreground. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/1756026329705-2WFDRFOECML919YQUN7B/B9MEDIA-240.jpg Vietnam Vanguard — the independent leadership and intelligence platform for Vietnam’s new era. A man holding a microphone, speaking and gesturing with his index finger, while sitting on a stage during a discussion or conference. Another person is sitting nearby, with their back to the camera. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/f3f5d874-300d-4a0e-8eb9-1f1a42706f29/Vanguard+%28158%29+2.jpg Vietnam Vanguard — the independent leadership and intelligence platform for Vietnam’s new era. A group of people attending a conference, with some taking pictures and others watching a presentation. The focus is on a woman with short hair in a white dress and a man in a white shirt, both wearing red lanyards, sitting at a conference table. The woman is holding a smartphone, and the man is smiling. In the background, there are signs labeled 'VIPs' and 'Speakers'. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/38ba0dc6-7c75-4a5d-9c27-c9341f39d850/DTH02829.jpg Vietnam Vanguard — the independent leadership and intelligence platform for Vietnam’s new era. Three men in suits having drinks together at a social event, with a background featuring a graphic of fireworks and a rainbow. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/abdfa50d-9302-4f37-818c-95c24799b642/DTH02743.jpg Vietnam Vanguard — the independent leadership and intelligence platform for Vietnam’s new era. Three people in formal attire standing together at a conference or event, smiling at the camera near a large red Vanguards sign. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/0b04073b-bb45-40cb-9154-395f414c4731/DTH02746.jpg Vietnam Vanguard — the independent leadership and intelligence platform for Vietnam’s new era. Conference with a large digital screen displaying 'Scaling Beyond Borders' and attendees engaging in conversations. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/c13b014f-fe3b-407b-bf97-7235646e590b/Vanguard+%2880%29.jpg Vietnam Vanguard — the independent leadership and intelligence platform for Vietnam’s new era. Two men in conversation at a professional event, one in a blue suit laughing, the other with blonde hair in a white shirt, with several people in the background. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/b697433d-566d-444c-8b35-588112d86dc4/DTH02234.jpg Vietnam Vanguard — the independent leadership and intelligence platform for Vietnam’s new era. Attendees listening attentively at a conference or seminar, wearing business attire and conference badges. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/55884e3b-45b1-4795-8c5b-971c2e14a4fb/Vanguard+%28118%29.jpg Vietnam Vanguard — the independent leadership and intelligence platform for Vietnam’s new era. 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Behind him is a large screen displaying text related to leadership and strategy. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/9d8b82d3-18a0-4376-9f54-66c0bc5cc693/DTH02302.jpg Vietnam Vanguard — the independent leadership and intelligence platform for Vietnam’s new era. A diverse group of people at a formal conference or event, sitting at tables and applauding in a well-lit, modern conference room. https://images.squarespace-cdn.com/content/v1/67b810dffd243b6f10798b3b/a4ab2f30-390b-4af2-a223-b6006e030acc/DTH02366.jpg Vietnam Vanguard — the independent leadership and intelligence platform for Vietnam’s new era. Panel discussion at a conference with five speakers seated on stage behind a large screen displaying event details. 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