Surge in Demand for Business Jets in Vietnam

Key pointsThe number of business jets in Vietnam has increased from 9 to 15, making it the fastest-growing market in the Asia-Pacific region. This has led to rising popularity among the wealthy for business jets.
Business impactThe increase in demand for business jets presents new business opportunities for the aviation industry and related services, particularly for the service and maintenance sectors that need to capitalize on this trend.

Key pointsAccording to Airbus's latest market forecast, the Asia-Pacific region is expected to need over 19,000 new aircraft in the next 20 years, positioning it as a key market driving growth in the aviation industry. Notably, Vietravel Airlines has signed a contract with Airbus to purchase 50 new aircraft, with deliveries expected to begin in 2029.
Business impactThe increase in aircraft demand presents new business opportunities for aviation-related businesses and parts suppliers. Japanese companies need to consider strategies to capitalize on this trend.

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

Key points外国人投資家は、ベトナム株式市場の格上げを祝う中で、1,217億ドン（約7億3,769万円）を買い越しました。この動きは、ベトナム経済への期待を示しています。
Business impact日本企業は、外国人投資家の動向を注視し、資本市場の変化に対応する必要があります。特に、株式市場の流動性が向上することで、資金調達の機会が増える可能性があります。

Key pointsFTSE Russell has proposed to Vietnamese authorities the expansion of liquidity for overseas derivatives linked to the FTSE Vietnam Index. This proposal aims to facilitate foreign investment inflows in anticipation of the FTSE's upgrade to the Secondary Emerging Market scheduled for September 2026. While specific institutional designs and implementation timelines are yet to be determined, an increase in liquidity is expected.
Business impactIf this proposal is realized, Japanese companies may have broader options for fundraising and could choose from a more diverse range of investment methods. In particular, the increase in risk hedging options could improve the investment environment.

Key pointsShinhan Bank Vietnam has appointed Ryu Jae-woon as the new CEO. He brings over 25 years of financial experience and aims to enhance the role of foreign banks in the Vietnamese market. This appointment is seen as a move to strengthen the financial sector that supports Vietnam's economic growth.
Business impactThe new CEO's appointment signifies an expansion of options for Japanese companies in terms of fundraising and financial services. Particularly, the enhancement of financial services for small and medium-sized enterprises could improve the efficiency of fundraising in business operations.

Key pointsUS and Chinese trade and financial authorities will discuss AI, tariffs, and rare earths this weekend, which may impact Vietnam's economy and investment environment. Vietnam plays a crucial role as an intermediary hub in the US-China supply chain.
Business impactJapanese companies need to closely monitor the outcomes of the US-China trade talks and may need to revise their supply chains and adjust investment strategies. Changes in tariffs and export regulations will have direct effects, requiring a sensitive response.

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

Key pointsMIKグループは、ハノイでの河川改修プロジェクトを提案し、総投資額は約230兆ドン、対価として3705ヘクタールの土地を提供する計画です。このプロジェクトは、河川の流れを復元し、環境や都市開発の目標を達成することを目指しています。
Business impactこの大規模プロジェクトは、日系企業にとって新たなビジネス機会を提供します。特に、建設業や環境保護関連の企業は、プロジェクトへの参加を検討する価値があります。

Key pointsTasco Auto, the exclusive distributor of Volvo in Vietnam, has acquired a stake in VinFast Motors, which assembles electric trucks and vans. This deal will allow both companies to focus on the assembly and inspection of electric vehicles, with plans to launch their first product in 2027. Tasco Auto operates 150 showrooms nationwide and is expected to contribute to the development of the electric vehicle market. VinFast Motors was established in 2015 and inherits technology from Izuzu.
Business impactThis move indicates opportunities for Japanese companies to enter the electric vehicle market. As Tasco Auto grows, there will be a demand for the development of the electric vehicle supply chain and skilled technicians, necessitating related sectors to keep an eye on market trends.

Key pointsSingapore's major bank UOB maintains an optimistic outlook for Vietnam's economic growth in 2026, analyzing that even with an import surplus exceeding $20 billion, currency risks remain limited. This suggests a stable investment environment in Vietnam.
Business impactJapanese companies may find it worthwhile to leverage the low currency risk situation and consider further investments in the Vietnamese market. In particular, a stable currency environment could yield profits in export and import operations.

Key pointsLam Dong Province has attracted 248 investment projects across 14 industrial parks, with a total investment amounting to approximately 46 trillion dong (about 2.78 billion USD). This development signifies a key example of the decentralization of the Vietnamese economy and the expansion of investments, particularly as a relocation destination for manufacturing from major southern cities.
Business impactJapanese companies should consider the industrial parks in Lam Dong Province as new production bases and should explore opportunities for supply chain restructuring and establishing secondary locations.

Key pointsIn the Vietnam stock market, selling pressure intensified in the afternoon due to the rebalancing of foreign ETFs, culminating just before the market close. As a result, the stock prices of major blue-chip companies experienced significant fluctuations, and trading volume reached its highest level in the past four months. There is growing caution among market participants regarding ETF rebalancing, highlighting issues with supply and demand management.
Business impactFor Japanese companies, the increased liquidity in the stock market is a factor that affects the fundraising environment. It is important to monitor future ETF rebalancing trends and deepen understanding of price movements of the relevant stocks.

Key pointsTechcombank announced a new asset management solution called 'Techcom Wealth' on September 19. This initiative focuses on intergenerational asset transfer and asset preservation, driven by the expansion of the affluent class in the Vietnamese economy. The increase in wealthy individuals, particularly in urban areas, has led to a rising demand for asset management services, prompting the bank to strengthen its specialized departments.
Business impactFor Japanese companies, Techcombank's new service expands options for asset management and becomes a crucial factor when considering asset formation and succession planning in the local market. The advancement of local asset management may enhance the investment environment and potentially offer new opportunities for Japanese individual investors.