Ancient tea complex recognized as Vietnam heritage site
Many Shan Tuyet tea trees in Sin Chai commune are up to several hundred years old. Photo courtesy of the tea tree complex.
100 ancient Shan Tuyet tea trees in Dien Bien province, northwestern Vietnam have been recognized by the Vietnam Association for Conservation of Nature and Environment as "Vietnamese heritage trees".
The trees, growing in the mountainous areas of Sin Chai commune, Tua Chua district, were assessed based on their heights, foliage diameters, and root circumferences. They all have more than 75 centimeters in stem diameter and are centuries-old.
Tua Chua district has nearly 600 ha of tea, located around 1,400 meters above sea level, with cloud-covered all year. It is home to more than 4,000 ancient Shan Tuyet tea trees growing naturally in Ta Phin, Sinh Phinh, Ta Sin Thang and Sin Chai communes.
Shan Tuyet tea is a rare variety that originated in China and grown in Vietnam’s northern mountains. It has large body, and tea leaves grow in clusters on the branches, with many buds covered by a thin layer of white chalk speckled like snow after processing, giving it the name snow tea.
The tea has a light scent and brews to a honey-yellow color. It also contains precious substances such as anticarcinogens and detoxifying agents, that reportedly can contribute to extending people's life expectancy and spring vitality, according to experts.
People who make Shan Tuyet tea must climb tall trees to collect it, unlike other small and low tea plants in Thai Nguyen or Tuyen Quang provinces, the tea growing hubs in northern Vietnam.
The heritage tea trees that belong to the Mong ethnic group are still allowed to be harvested, but they must be tied with conservation activities.
The harvest season lasts from March to the end of October of the lunar calendar, as the tea buds are caught in the spring rain and budded.
The ancient tea costs about VND1 million ($44) per kilogram if processed by local people, but may be raised to VND10 million by purchasing and processing firms
Previously, indigenous people harvested ancient tea for personal consumption. Now, it becomes a specialty, providing people with a stable source of income.
Earlier in February, 105 ancient Shan Tuyet tea trees in To Mua commune, Son La province were deemed eligible for recognition as Vietnamese heritage trees.
Ancient Shan Tuyet tea trees have been cultivated for centuries by generations of Tay, Dao and Mong ethnic groups, and can be found in other provinces such as Ha Giang, Bac Kan, Lao Cai and Yen Bai in the north.
- Read More
Savico chairman says major shareholders have no divestment plans
SavicoThe chairman of Vietnam's largest automotive distributor Savico said the company has withdrawn a planned share issuance to existing shareholders after its major shareholders indicated they had no intention of reducing their stakes.
Companies - Fri, June 5, 2026 | 8:13 pm GMT+7
Priced for crisis, primed for growth: Vietnam’s bifurcated stock market
The VN-Index is trading at a 13x forward P/E valuation versus 15% expected earnings growth in 2026, but over 70% of the market is trading at below a 10x P/E, a valuation which is consistent with past crisis conditions, writes Michael Kokalari, chief economist at VinaCapital.
Consulting - Fri, June 5, 2026 | 4:56 pm GMT+7
Retail sales surge as major chains post strong profit growth
Vietnam's retail sector posted stronger-than-expected growth in Q1/2026, supported by government stimulus measures, improving disposable incomes, and a continued shift toward modern retail channels.
Companies - Fri, June 5, 2026 | 3:50 pm GMT+7
Vietnam seeks transparent, internationally aligned framework for crypto asset market: Deputy PM
Vietnam aims to develop a transparent and secure crypto asset market in line with international standards, Deputy Prime Minister Nguyen Van Thang said during a meeting with Ben Zhou, co-founder and CEO of Bybit - a major global cryptocurrency exchange headquartered in Dubai.
Finance - Fri, June 5, 2026 | 1:26 pm GMT+7
Vietnam stocks await MSCI review, earnings season for fresh momentum in June
Vietnam's stock market may find support later this month from a potential market status upgrade-related review by MSCI and the upcoming half-year earnings season, after entering June on a cautious note amid weakening liquidity and persistent foreign selling.
Finance - Fri, June 5, 2026 | 11:54 am GMT+7
TikTok eyes expansion into logistics, digital finance in Vietnam
TikTok is seeking to expand its presence in Vietnam beyond social media and e-commerce, with plans to invest in logistics, digital finance and other digital economy infrastructure sectors as the country becomes an increasingly strategic market for the company.
Companies - Fri, June 5, 2026 | 8:40 am GMT+7
Petrolimex seeks to sell entire treasury stock holdings as shares remain 43% below peak
Petrolimex, Vietnam's largest fuel retailer by market share, plans to sell its entire treasury stock holdings to comply with public company regulations, while its PLX shares on the Ho Chi Minh Stock Exchange plunged 43% from the peak reached in March.
Companies - Thu, June 4, 2026 | 4:51 pm GMT+7
MB's digital business account opening solution wins award
BIZ MBBank, a corporate digital banking platform of Military Commercial Joint Stock Bank (MB), has been recognized at the Vietnam I4 Impact Awards 2026 for its digital business account opening solution, underscoring the lender's efforts to advance digital banking services for corporate customers.
Companies - Thu, June 4, 2026 | 3:42 pm GMT+7
Chinese electronics component manufacturer redirects capital to Vietnam project
Shenzhen Click Technology’s decision to channel funds into its Vietnam project underscores the country’s growing importance in the company’s global strategy.
Industries - Thu, June 4, 2026 | 2:33 pm GMT+7
Vietnam targets launch of central counterparty clearing mechanism in early 2027
Vietnam's securities regulator is aiming to launch a central counterparty clearing (CCP) mechanism in the first quarter of 2027, a key step in strengthening market infrastructure and meeting international criteria for a stock market status upgrade.
Finance - Thu, June 4, 2026 | 1:57 pm GMT+7
Becamex: From failed capital raisings to state divestment pressure
After multiple unsuccessful capital-raising attempts, Vietnam’s industrial real estate giant Becamex IDC (HoSE: BCM) is now facing a new challenge: reducing state ownership from 95.44% to 65% to meet the requirements for maintaining its status as a public company.
Companies - Thu, June 4, 2026 | 11:29 am GMT+7
Banks regain lead in Vietnam's private placement bond market in May
Vietnamese banks regained their position as the largest issuers in the private placement bond market in May, as lenders sought to diversify funding sources, strengthen capital buffers,and meet increasingly stringent regulatory requirements.
Banking - Thu, June 4, 2026 | 9:15 am GMT+7
From refreshment to experience: A consumer trend emerging this summer
As temperatures rise across Vietnam, demand for soft drinks typically surges. But beyond seeking refreshment and an energy boost, many consumers are developing a new habit after finishing their beverages: peeling back bottle labels, entering promotional codes and receiving results on their phones within seconds.
Companies - Thu, June 4, 2026 | 8:45 am GMT+7
TikTok Shop narrows gap with Shopee as Vietnam e-commerce becomes duopoly
Vietnam’s e-commerce market is rapidly evolving into a two-player battleground as TikTok Shop aggressively gains ground on Shopee, reshaping how consumers shop online and how brands allocate advertising and sales budgets.
Economy - Wed, June 3, 2026 | 4:51 pm GMT+7
Vietnam regulator confirms foreign ownership limits for PV Drilling, PVTrans
Vietnam’s securities regulator has confirmed foreign ownership limits for two major state-controlled oil and gas companies, leaving significant room for overseas investors to increase holdings in both firms.
Companies - Wed, June 3, 2026 | 4:34 pm GMT+7
Vietnam power firms post strong profits as heatwave drives electricity demand, but stocks lag
Vietnamese power producers reported sharply higher first-quarter profits as electricity demand surged amid prolonged heatwaves, although their shares have yet to reflect the sector's improving fundamentals.
Companies - Wed, June 3, 2026 | 3:35 pm GMT+7
- Opinion















