Yes, you need to cancel your visa. You can't have 2 visas at the same time. Just because the embassy issues your visa, you might have trouble at immigration when you enter OR when you try to extend. Just cancel the visa before you leave.
Just an FYI for anyone wanting to go to HCMC. They have no appointments until Sept 10 as of today. You will need to book well in advance for this embassy. I got one on the 16th and there are plenty during that week. It seems there is only 1 appointment available for each 10 minute slot. Don't wait until the last minute, you might be disappointed.
I find it interesting that this should be seen as an advancement yet they say it will take 30 days to process through the evisa and 2 days in person...baffling.