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The 2025 MICHELIN Guide Hanoi | Ho Chi Minh City | Da Nang Celebrates Vietnam’s Culinary Ascent With 9 One Star, 2 Green Star, and 63 Bib Gourmand

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  • The 2025 MICHELIN Guide selection in Vietnam features a record 181 establishments: 9 One MICHELIN Star (1 new and 1 promoted), 2 MICHELIN Green Star (1 new), 63 Bib Gourmand (9 new), and 109 MICHELIN Selected (14 new).
  • CieL (Ho Chi Minh City) directly debuts with One MICHELIN Star, while Coco Dining (Ho Chi Minh City) is promoted to One MICHELIN Star.
  • The new MICHELIN Green Star is awarded to Lamai Garden (Hanoi), joining Nén Danang in showcasing outstanding eco-friendly commitments.
HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 6 June 2025 – Michelin officially unveiled the 2025 restaurant selection of the MICHELIN Guide Hanoi | Ho Chi Minh City | Da Nang at the InterContinental Danang Sun Peninsula Resort. The 2025 edition underscores Vietnam’s growing stature as a global gastronomic destination.

The 2025 MICHELIN Guide Hanoi | Ho Chi Minh City | Da Nang One MICHELIN Star and MICHELIN Guide Special Awards

The newly released restaurant selection showcases 181 establishments – featuring 9 One MICHELIN Star restaurants (of which, 1 new and 1 promoted), 63 Bib Gourmand (of which, 9 new entries), as well as 109 establishments selected for their quality cuisine (of which, 14 newcomers). New additions include 10 from Hanoi (5 Bib Gourmand and 5 MICHELIN Selected), 7 from Ho Chi Minh City (1 One MICHELIN Star and 6 MICHELIN Selected) and 7 from Da Nang (4 Bib Gourmand and 3 MICHELIN Selected). One Hanoi restaurant is newly awarded a MICHELIN Green Star for its commitment towards an eco-friendlier sustainable practice.
“This year, we are proud to witness a rise in the number of Starred restaurants, driven by a new generation of talented chefs. Many are returning to their roots, using modern techniques to tell stories of their hometowns and to revive childhood flavors. At the same time, street food stalls, family-run eateries, and long-standing local shops continue to preserve culinary traditions with authenticity and passion.” said Gwendal Poullennec, International Director of the MICHELIN Guides. “For our inspectors, the journey of discovering new restaurants in Vietnam remains as exciting as ever. They have been inspired by the dedication, creativity, and pursuit of excellence shown by culinary professionals across the country — and they are eager to uncover even more gems in the years to come.”
One MICHELIN Star: A Milestone Year
This year’s selection features 9 restaurants awarded One MICHELIN Star – of which, one directly joins the selection with a Star and one is promoted from last year:
  • CieL (Ho Chi Minh City) – NEW – Innovative cuisine with meticulous technique and an intimate dining experience.
  • Coco Dining (Ho Chi Minh City) – PROMOTED – A stylish dining room where Chef Thanh Vuong Vo presents contemporary cuisine that blends Vietnamese recipes with modern techniques and fermentation.
  • They join retaining One MICHEIN Star recipients: Gia, Hibana by Koki, Tầm Vị (Hanoi); Long Trieu, Ănăn Saigon, Akuna (Ho Chi Minh City); and La Maison 1888 (Da Nang).
Lamai Garden: Hanoi’s First Restaurant to Earn the MICHELIN Green Star
The MICHELIN Green Star rewards the initiatives of groundbreaking restaurants committed to rethinking their impact and encouraging a strong gastronomic transition. Lamai Garden is newly awarded the MICHELIN Green Star for their remarkable philosophy and commitment towards a more eco-friendly approach to gastronomy. Reimagined by chef-owner Hieu Trung Tran in 2022, features a seasonal tasting menu and vegetarian menu in line with a contemporary Vietnamese farm-to-table concept. They use ingredients from their Phú Thọ farm – garden herbs, ducks, and black pigs.
Bib Gourmand: 63 Restaurants Delivering Quality at An Incredible Value
The 2025 Bib Gourmand list grows to 63 establishments, including 9 new entries, celebrated for offering exceptional food at moderate prices. The New Bib Gourmand entries include:
In Hanoi
Hà Thành Mansion – housed in a century-old villa, Hà Thành Mansion spans three uniquely designed floors, each radiating artistic charm.
Mậu Dịch Số 37 – with a rustic, vintage ambience, and signature dishes include Hanoi spring rolls, fried hemibagrus fish, and scorched rice with beef stew.
Miến Lươn Chân Cầm (Hoan Kiem) – At nearly 40 years old, this gem in Hanoi’s Old Quarter is popular for its array of eel dishes.
Phở Bò Lâm – Fresh ingredients shine in the signature beef heel muscle, which boasts tender meat and gelatinous tendon with a pleasant chew.
Ưu Đàm – features a vegetarian menu that is anchored in tradition but is also mindful of nutritional balance.
In Da Nang
Bánh Xèo 76 (Da Nang) – has a charcoal grill at the entrance for grilling pork. The menu includes classic Vietnamese dishes such as pancakes, corn rolls and noodles with grilled pork.
Bún Bò Huế Bà Thương (Da Nang) – has been delighting locals for over 50 years with their Bún Bò Huế, a spicy soup from Huế famed for its rich lemongrass broth.
Quê Xưa – a testament to its authentic Vietnamese fare. The menu focuses on two dishes: Mỳ Quảng and Bánh Thịt Heo.
Shamballa – offers a serene vegetarian escape. Enter through an aged wooden door to discover Tibetan artefacts and a menu rooted in Vietnamese flavors.
MICHELIN Selected:
In addition to Starred and Bib Gourmand restaurants, the MICHELIN Guide inspectors also recommend eateries whose high-quality cuisine simply seduced them. 109 establishments are featured in the MICHELIN Selected category with 14 new additions across all cities. New entries to the MICHELIN Selected category reflect both rising talent and consistent culinary craftsmanship across Vietnam’s three major cities:
Hanoi – Hiệu Lực Canh Cá Rô Hưng Yên (Hai Ba Trung), Lamai Garden, Phở Cuốn Chinh Thắng, Phở Tiến, Vien Dining
Ho Chi Minh City – Bà Cô Lốc Cốc, Hoi An Sense, Nephele, Okra FoodBar, ST25 by KOTO, The Albion by Kirk Westaway
Da Nang – Bếp Cuốn, Bún Riêu Cua 39, Moc
MICHELIN Guide Special Awards
With its special awards, the MICHELIN Guide goes beyond the search for the best food quality. It aims to highlight talented individuals who contribute to enhancing the gastronomic dining experience.
  • The MICHELIN Guide Young Chef Award
This year, the Young Chef Award is given to Chef Viet Hong Le from newly Starred restaurant CieL. Born in 1992, Chef Viet Hong Le is a distinguished young chef with 14 years of culinary experience. In 2019, he co-founded The Monkey Gallery and pursued formal culinary education at Ferrandi during the pandemic, which ultimately led to the creation of CieL.
  • The MICHELIN Guide Sommelier Award
This year’s Sommelier Award is presented to Paul Vo from newly selected restaurant Nephele. Paul Vo is the restaurant’s General Manager and sommelier, hailing from Vietnam and bringing extensive wine knowledge to the table. With his expertise and charm, Paul Vo transforms every wine selection into an enjoyable journey for his guests.
  • The MICHELIN Guide Service Award
This year’s Service Award is given to Nha Huynh from Bib Gourmand restaurant Mặn Mòi (Thu Duc City). Nha Huynh is sunny and enthusiastic, always greeting customers with the brightest smile. Warm, friendly, and reliable, he consistently exemplifies the spirit of exceptional service.
The MICHELIN Guide Hanoi | Ho Chi Minh City | Da Nang 2025 at a glance:
  • 9 One MICHELIN Star (of which 1 new and 1 promoted)
  • 2 MICHELIN Green Star (of which, 1 new)
  • 63 Bib Gourmand (of which, 9 new)
  • 109 MICHELIN Selected (of which, 14 new)

Hashtag: #MICHELINStar25 #MICHELINGuideVN


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

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From Engineering Feats to Ecological Regeneration, Vinhomes Green Paradise Debuts the ESG++ Framework for Future Cities

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HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 13 January 2026 – For decades, the global map of urban development seemed firmly defined by familiar names. The United States shaped the world’s financial megacities; Dubai astonished the globe with audacious land reclamation projects; Singapore became a benchmark for disciplined, sustainable planning. Within that sweeping current, Vietnam was often perceived as a latecomer, observing, learning, adapting, and steadily refining its own path.

Today, that narrative is shifting. When Vinhomes Green Paradise confidently steps onto the global stage, alongside projects from the world’s most advanced economies, it represents far more than the launch of a new development. It marks a moment when Vietnamese urban thinking moves beyond its domestic context, ready to be assessed, debated, and recognized at a regional and international level.

This is not merely a project announcement. It is a signal of transformation.

When Vietnamese Cities Enter the Global Conversation

Vietnam has, in recent years, earned international recognition through prestigious awards in planning, architecture, and real estate, including the Asia Pacific Property Awards and the International Property Awards. These accolades reflect the growing professionalism and creative capacity of Vietnamese developers, architects, and planners.

Yet Vinhomes Green Paradise occupies a different dimension of aspiration. Its significance does not lie in a single master plan or architectural statement, but in a comprehensive urban philosophy, one where sustainability, advanced technology, and environmental responsibility are no longer supporting ideas, but core drivers placed on equal footing with economic growth.

In this sense, the project signals that Vietnamese expertise has matured. It suggests a readiness not just to learn from the world, but to engage in meaningful dialogue with it, and to contribute original thinking to the global discourse on future cities.

The choice of location is no coincidence. Can Gio is one of Vietnam’s most ecologically sensitive regions, home to more than 75,000 hectares of mangrove forests recognized by UNESCO as a World Biosphere Reserve.

Developing nearly 3,000 hectares in such an environment presents an unprecedented challenge. In a place where ecosystems are delicate and interconnected, any miscalculation could leave irreversible consequences.

Vinhomes Green Paradise emerges precisely within this context. It serves as a comprehensive test of urban knowledge, technological capability, governance capacity, and, above all, environmental accountability. Its implementation demonstrates that Vietnamese enterprises are prepared to meet the most demanding international standards in ecological urban development.

From Urban Project to UrbanNature Ecosystem

What truly distinguishes Vinhomes Green Paradise is not its scale, but its development philosophy. The project is not positioned as a conventional modern township. Instead, it is conceived as an integrated urban–nature ecosystem, where human life and the natural environment coexist in a state of long-term balance.

Green infrastructure, smart-city technologies, renewable energy systems, digital governance, and ecological restoration are woven into a single, unified framework. Globally, only a handful of pioneering cities, such as Masdar in the United Arab Emirates or Songdo in South Korea, have pursued such an integrated approach at scale.

The emergence of Vinhomes Green Paradise signals that Vietnam is no longer standing at the periphery of this movement. It is entering the arena with the confidence to participate, and potentially to lead, in the global race toward sustainable urban futures.

ESG++: Beyond Sustainability Toward Regeneration

While ESG (Environmental, Social, Governance) principles have become a global standard, Vinhomes Green Paradise advances the concept further through an ESG++ framework, adding two critical dimensions: Regeneration and Resilience.

Rather than expanding by consuming natural resources, the project prioritizes ecological restoration, aiming not merely to minimize harm, but to actively return value to the environment. The vision is of a city that can generate its own energy, treat and reuse its wastewater, and maintain ecological equilibrium over time.

Urban experts increasingly agree that such models are essential in an era of climate change, particularly for coastal cities facing rising sea levels and extreme weather. In this context, Vinhomes Green Paradise contributes to defining a new benchmark for sustainable coastal urbanism, not only in Vietnam, but globally.

Building a megacity in an environmentally sensitive coastal zone demands deep interdisciplinary expertise, spanning geology, hydrology, ecology, materials science, and energy systems. The financial and technological investments required are immense, and few developers are willing, or able, to assume such complexity and risk.

It is within this demanding framework that the involvement of AOMI Construction Co., Ltd., becomes particularly significant. AOMI is the owner of the K-DPM soil solidification technology, one of the world’s most advanced solutions for soft-ground and land reclamation projects.

Drawing from Japan’s extensive experience as an island nation with limited land resources, Mr. Okori Katsumi, a Japanese expert, representative of AOMI Construction Co., Ltd., explains: “Japan has long faced constraints in land availability. For decades, we have turned to the sea, creating airports, urban spaces, and new living environments through carefully engineered land reclamation.”

Traditional methods, such as mixing cement directly with soil, revealed critical limitations in scale and transportability. K-DPM technology was developed to overcome these barriers by using high-pressure air to move and solidify large volumes of dredged material, reducing construction time while minimizing environmental impact through reduced reliance on sand extraction.

From Engineering Feats to a 21st-Century Symbol

Japan’s experience in land reclamation has consistently emphasized environmental protection, using containment barriers to limit water turbidity, and applying strict standards for pH levels and material compatibility with surrounding ecosystems. These principles are now being adapted and elevated in Can Gio.

For Vingroup, Vinhomes Green Paradise is not its first venture into coastal engineering. In 2017, the VinFast manufacturing complex in Hai Phong, over 60% of which involved land reclamation, was completed in a record 21 months, setting new benchmarks for speed and technical execution.

In Can Gio, the challenge has been taken further. The project benefits from consultancy by Dutch experts, representing a nation globally renowned for water management and land reclamation expertise. The objective extends beyond structural durability to the comprehensive preservation of indigenous ecosystems over the long term.

If land reclamation once astonished the world through icons like Palm Jumeirah in Dubai, Vinhomes Green Paradise seeks to redefine that legacy through a fundamentally different philosophy: Respect for nature and ecological regeneration.

This ESG++ megacity is more than proof of advanced engineering capability. It stands as a symbol of Vietnam’s national vision, one that looks toward the ocean not as a frontier to conquer, but as a partner in shaping resilient, future-ready cities.

Ultimately, Vinhomes Green Paradise is not simply a real estate development. It is a declaration of aspiration and confidence, a statement that Vietnamese urbanism has entered a new era, where healing people and healing nature are no longer separate goals, but a shared mission for sustainable progress in the 21st century.

Hashtag: #Vinhomes

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

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HDBank completes issuance of US$100 million green bonds to international investors

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HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 12 January 2026 – Ho Chi Minh City Development Commercial Bank (HDBank, ticker symbol: HDB) has successfully issued a second tranche of international green bonds worth US$50 million to the Dutch Entrepreneurial Development Bank (FMO) and British International Investment (BII), the UK’s development finance institution and impact investor, completing its $100 million international green bond initiative in 2025.

HDBank’s international green bond programme strengthens funding diversification and supports sustainable, green and inclusive finance initiatives in Vietnam.

The announcement was made at “The USD100 Million Green Bond Issuance Disclosure Ceremony” recently held between HDBank and its green bond investors including FMO, BII and the International Finance Corporation (IFC) – a member of the World Bank Group in the presence of the Deputy Consul General of the Netherlands and representatives from the British Consulate General in Ho Chi Minh City.

The bonds included $30 million privately issued to FMO and $20 million to BII. The first tranche was issued to IFC, which facilitated the participation of FMO and BII in the second tranche.

The bonds have a three-year term, are non-convertible and unsecured and issued without warrants.

Nguyen Huu Dang, HDBank’s CEO, said: “Sustainable development goals lie at the heart of HDBank’s strategy, which is centred on delivering the best value for customers, partners and the community. This international green bond initiative marks an important stepping stone on our journey towards achieving those goals.”

The issuance help diversify HDBank’s funding sources, support its sustainable growth strategy and create a foundation for it to continue attracting additional international capital for green finance, sustainable development and inclusive finance initiatives in Vietnam.

This, in turn, helps customers access capital to deploy solar energy projects, electric vehicles, green buildings, and other energy-saving solutions.

Projects financed by the green bond proceeds must undergo rigorous screening, meet environmental and social risk management requirements, and comply with eligibility criteria under the Bank’s Sustainable Finance Framework. These projects are expected to reduce approximately 102,000 tons of CO₂ over 10 years, improve environmental quality and contribute to Vietnam’s Net Zero 2050 commitment.

Weichuan Xu, IFC’s lead for the Financial Institutions Group in Vietnam, Cambodia and Lao PDR, said the issuance marked a significant step in expanding HDBank’s climate finance portfolio and advancing Vietnam’s economic and social progress.

“The funds raised will support projects that foster sustainable industries, generate jobs and strengthen communities,” he added.

Representatives from FMO and BII also highlighted the transaction as a strong signal of the growing readiness and potential of Vietnam’s sustainable finance ecosystem, helping attract more capital for climate-responsible projects.

With this milestone, HDBank reinforces its commitment to sustainable finance and the long-term prosperity of its customers, partners and the community, while expanding its presence on the global financial map.

Hashtag: #HDBank

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

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Hang Lung Enters the Next Phase in Its Sustainability Journey with Ambitious New Targets

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New targets outlined for 2030 following the successful conclusion of the 25×25 sustainability targets

HONG KONG SAR and SHANGHAI, CHINA – Media OutReach Newswire – 12 January 2026 – Hang Lung Properties Limited (SEHK stock code: 00101) (“Hang Lung” or the “Company”) today announces a new phase in its sustainability journey, unveiling 20 refreshed 2030 targets that build on its success in achieving its 25 x 25 Sustainability Targets.

Launched in 2021, the 25 x 25 targets defined Hang Lung’s agenda to the end of 2025 across four priorities: Climate Resilience, Resource Management, Wellbeing, and Sustainable Transactions. The Company has achieved its earlier ambitions, and exceeded targets related to greenhouse gas emissions reduction, renewable energy, and energy efficiency. Establishing such a concrete and robust set of targets also helped the Company develop practices in sustainability innovation and continual improvement.

Building on this success, now with expanded data, greater organizational maturity, and heightened ambition, Hang Lung’s refreshed 2030 targets reflect its position as an industry leader in sustainability.

The 20 targets for 2030 continue to be organized under the four priorities that define Hang Lung’s approach to sustainability, including the below highlights:

  • Climate Resilience: Among the first real estate companies in Asia to have near- and long-term targets fully aligned with the Science Based Target initiative’s Buildings Criteria and its emission reduction pathway (1.5°C). Also, Hang Lung is the first real estate company in Asia to establish a Climate Value-at-Risk target.
  • Resource Management: The first real estate company in Asia to formulate a target for biodiversity net gain (10%) on all new development projects and major renovations, supporting urban ecosystems and enhancing green spaces.
  • Wellbeing: Generate at least HK$40 million in social value through community investments.
  • Sustainable Transactions: Collaborate with tenants representing 25% of our leased floor area through our sustainability partnerships program.

Collaboration across the value chain remains central to Hang Lung’s approach, extending beyond traditional metrics. Hang Lung aims to partner with suppliers and tenants through quantifiable targets to drive progress upstream and downstream. In addition, the Company is committed to supporting innovation in standards development to facilitate impactful sustainability initiatives across sectors and jurisdictions.

Mr. Adriel Chan, Chair of Hang Lung Properties and Chair of the Sustainability Steering Committee, commented: “We are excited to embark on this next phase of our sustainability journey, reflecting Hang Lung’s growing role not just as a leader in sustainability action, but also in sustainability thought leadership. By working closely with partners across our value chain, we are confident that we can deliver on these commitments and continue to foster excellence in sustainable development in Asia.”

Mr. John Haffner, Deputy Director – Sustainability, added: “Over the past several years, we have seen how ambitious targets focus our efforts and help develop a culture of innovation. Building on our achievements and lessons learned, our 2030 targets are sharper and more data-driven, and will help us achieve greater impact in our communities.”

Full details of the 25 x 25 wrap-up and the new 2030 targets will be shared in Hang Lung’s 2025 Sustainability Report to be released in March. The report will provide further insights into the Company’s achievements, lessons learned, and emerging plans to support the refreshed 2030 targets, inviting partners and the wider public to join forces in shaping a sustainable future.

Appendix
Overview of 2030 Sustainability Goals and Targets

Priority 2030 Goals 2030 Targets
Climate Resilience

Reduce carbon footprint in line with science and adapt to a changing climate

1. In-use operational emissions: 56.1% per m2 reduction in scope 1, 2 and 3 in-use operational GHG emissions of owned and leased buildings from a 2023 base year.
2. Upfront embodied emissions: 42% reduction in upfront embodied emissions from a 2023 base year.
3. Renewable electricity: 70% of our landlord’s electricity consumption across the portfolio provided by renewable electricity.
4. Adaptation: 10% reduction in our Climate Value-at-Risk compared to the absence of implemented adaptation measures.
Resource Management

Drive efficient and circular use of natural resources and help regenerate nature

5. Energy Use Intensity: 10% reduction in the landlord’s energy use intensity from a 2023 base year.
6. Operational Waste: 35% recycling of municipal solid waste generated from operating properties.
7. Construction Waste: 90% recycling of construction waste generated from construction sites.
8. Water: 8% reduction in freshwater intensity from a 2023 base year.
9. Biodiversity: 10% biodiversity net gain on all new development projects and major renovations with landscape renovation.
Wellbeing

Foster safe, inclusive and healthy spaces that enhance quality of life for all stakeholders

10. Health and safety: Maintain zero work-related fatalities, serious injuries, and occupational diseases for employees and contractors. Maintain a Lost Time Injury Rate of 1.5 or below for employees and contractors.
11. Indoor air quality: Maintain, more than 90% of the time, PM2.5, TVOC and CO2 levels below levels defined in the RESET Air standard.
12. Employee engagement: Maintain an employee engagement survey rating greater than or equal to the 75th percentile.
13. Diversity: At least 5% of our workforce across the portfolio is comprised of people from diverse backgrounds.*
14. Diversity: Maintain Female-to-Male pay ratio of 1:1; maintain gender balance in management positions.
15. Social impact: Create at least HK$40 million in social value through our community investments.
Sustainable Transactions

Collaborate with key stakeholders across our value chain to advance our sustainability priorities

16. Tenant electricity intensity: Benchmarking provided to 100% of tenants across the Chinese Mainland portfolio and work with tenants towards a 10% reduction in their electricity intensity from a 2023 base year.
17. Tenants: Tenants representing 25% of our leased floor area in applicable Chinese Mainland and Hong Kong properties participate in our tenant sustainability partnerships program.
18. Suppliers: Regularly conduct ESG risk screening for 100% of active suppliers and provide ESG assessments for suppliers covering 50% of spending.
19. Procurement: 15% of spending on operational procurement qualifies as sustainable procurement.
20. Standards development: Undertake at least three innovative initiatives in standards development to help accelerate learning and sustainability impact.

* Our definition of diverse background includes people with disabilities and ethnic minorities.

Hashtag: #HangLungProperties

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

About Hang Lung Properties

Hang Lung Properties Limited (SEHK stock code: 00101) creates compelling spaces that enrich lives. Headquartered in Hong Kong and Shanghai, the Company manages a portfolio of over 3.5 million square meters of retail, office, residential, and hotel properties across Hong Kong and mainland China.
The Company’s diverse portfolio in Hong Kong includes office towers and malls in prime districts, as well as luxury residential developments in prestigious areas. In mainland China, under the signature “66” brand, the Company’s mixed-use and retail developments are regarded as premium landmarks, strategically located in the hearts of key cities of Shanghai, Shenyang, Jinan, Wuxi, Tianjin, Dalian, Kunming, Wuhan, and Hangzhou.
The Company is recognized for pioneering sustainability in the real estate industry, with an MSCI ESG rating of AA and inclusion on CDP “A List” for Climate Change. The Company powers 80% of its operating properties in the Mainland with renewable energy, with a net zero commitment by 2050.
At Hang Lung Properties – We Do It Well.
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