Proposal to Separate EVNNPT from EVN

Key pointsThe Ministry of Industry in Vietnam has proposed separating the State-owned Power Transmission Company (EVNNPT) from the State-owned Electricity Group (EVN) as part of the restructuring of the electricity market. This separation aims to promote competition in the electricity market and ensure the stability of power supply. Currently, EVNNPT operates under EVN with independent accounting, but post-separation, more transparent operations are expected.
Business impactIf this proposal is realized, Japanese companies may experience smoother business operations due to improved stability in power supply. Companies involved in energy-related investments and contracts should closely monitor this development.

Key pointsBW Industrial is planning an IPO in Vietnam by 2027 and is accelerating preparations for this initiative. This plan is set against the backdrop of rising demand for factories and warehouses in Vietnam as manufacturers diversify their supply chains away from China.
Business impactThis could create new investment opportunities for Japanese companies in the Vietnamese market, particularly for those in the manufacturing and logistics sectors, who should closely monitor BW Industrial's developments.

Key pointsIn the first nine months of 2026, Vietnam's total export and import value exceeded $888 billion, marking a 30.4% increase compared to the same period last year. However, there is a need to expand trade scale and convert imported resources into production capacity. This is expected to establish a foundation for sustainable export growth. Various measures are planned to be implemented simultaneously to promote growth towards the end of the year.
Business impactJapanese companies need to consider strategies leveraging domestic demand to maintain competitiveness in the Vietnamese market.

Key pointsOn October 6, 2023, the Vietnam Petroleum Institute (VPI), a subsidiary of the Vietnam Oil and Gas Group, and VinUni of Vingroup signed a memorandum for joint research on hydrogen batteries, energy storage, and green materials. They plan to collaborate in the fields of AI and digital transformation, facilitating exchanges between experts and students. Hydrogen batteries are considered a crucial technology for electric vehicles, and there are high expectations for future projects. Additionally, VPI aims to strengthen collaboration with VinUni's research groups to address real challenges in the energy sector.
Business impactFor Japanese companies, trends in Vietnam's energy transition are significant. The advancement of hydrogen battery technology could contribute to the expansion of the electric vehicle market, necessitating consideration of related technologies and products.

Key pointsThe Japan International Cooperation Agency (JICA) announced plans to aim for over 10 billion yen in annual financing for Vietnam in the coming years to meet the government's funding needs. JICA will strengthen cooperation in areas such as science and technology, digitalization, and corporate support, with a focus on new strategic fields like AI and space technology.
Business impactThis increase in financing will provide Japanese companies with new investment opportunities in projects, particularly expanding funding options for businesses related to technological innovation and digitalization.

Key pointsOn October 6, 2026, Vingroup signed a contract with the French railway technology company Alstom to supply 200 driverless Metropolis vehicles for Hanoi's urban railway system. These vehicles achieve fully automated operation at GoA4 level, automating all operations during service. They are also made from lightweight aluminum alloy, which is expected to reduce energy consumption by 15% to 20%. Additionally, they feature an air conditioning system to enhance passenger comfort and real-time obstacle detection capabilities.
Business impactThis contract represents a significant step for Vingroup in modernizing Hanoi's urban transportation infrastructure and suggests business opportunities for Japanese companies in line with the future development of public transportation. Companies involved in transportation-related businesses should pay close attention to upcoming market trends.

Key pointsThe Deputy Director of Hanoi's Department of Finance, Do Thi Thu Hanh, announced that the investment proposal for the Ba Vi Safari Project, proposed by Sun Group, is under review. The project is expected to cover approximately 200 hectares, and a reassessment is being conducted to evaluate land use and its impact on local residents.
Business impactThis project may contribute to the revitalization of the local economy for Japanese companies involved in tourism and real estate development. Companies interested in local infrastructure development and tourism facilities should closely monitor the project's progress.

Key pointsAccording to a report by VIS Rating, 303,391 vehicles are expected to be sold in Vietnam in the first half of 2026, with VinFast selling 115,916 units, accounting for 38.2% of the total. This indicates rapid growth of domestic brands competing against international ones. Additionally, imports from China have surged, with 44,335 vehicles imported.
Business impactJapanese companies need to consider new strategies to maintain competitiveness in light of VinFast's rapid growth, particularly in response to the expanding market for electric and hybrid vehicles.

Key pointsOn October 3, 2026, the euro hit a 17-month low while the yen sharply declined, and the dollar reached its highest level in a year and a half. This movement is influenced by changes in the U.S. bond market and interest rate outlook. The strong dollar and weak yen may affect the dong exchange rate in Vietnam and could influence investment decisions, particularly impacting import costs and corporate profits.
Business impactJapanese companies need to carefully consider the impact of exchange rate fluctuations on their business costs and profits. Companies with significant dollar-denominated transactions are required to reassess their strategies for managing exchange rate risks.

Key pointsOn October 3, 2026, An Giang Province announced the opening of the Cam Binh-Chu Lai Tom International Road Checkpoint in collaboration with Kandal Province, Cambodia. This checkpoint is expected to become an important trade route connecting the Mekong Delta region and Phnom Penh. The establishment of the new checkpoint is anticipated to promote trade and tourism.
Business impactThe opening of this new international checkpoint is likely to facilitate access to the Cambodian market for Japanese companies, potentially leading to reduced logistics costs and the creation of new business opportunities.

Key pointsAccording to Vietnam's General Statistics Office, rice exports for the first nine months of 2026 reached approximately 6.45 million tons, totaling $3.1 billion. However, this represents a decrease of 5.4% in volume and 12.3% in value compared to the same period last year. In Can Tho City, preparations are underway for the International Rice Festival with 25,000 rice pots, highlighting the need for sustainable value chain development in rice.
Business impactFor Japanese food-related companies, trends in Vietnam's rice market are crucial. The decline in export volume may prompt price competition and a reevaluation of supply chains, necessitating particular attention from procurement departments.

Japanese business summary. Read the original source for the source language.

Key points2026年10月2日、VN-Indexが1750ポイントを割り込み、ベトナム経済の先行きに不安が広がっている。証券各社はこの急落の背景を分析し、今後の投資戦略に影響を与える可能性がある。
Business impactVN-Indexの下落は、特に日系企業の資金調達や投資戦略に影響を与える可能性があり、経営陣は市場動向を注視する必要がある。