EVN Prepares for Vietnam's First Nuclear Power Plant Project

Key pointsThe Ninh Thuan 1 project, Vietnam's first nuclear power plant, presents a significant opportunity to ensure national energy security and achieve emission reduction targets. However, there are many technical and legal challenges, and EVN is advancing comprehensive preparations. In particular, the establishment of a legal framework, funding models, and the development of specialized human resources are required.
Business impactJapanese companies need to pay attention to nuclear-related regulations and human resource development, and consider participation opportunities in the project.

Key pointsThe Vietnam Stock Exchange has implemented a new regulation to monitor stocks newly included or excluded from the FTSE Russell index. This system aims to prevent abnormal stock price fluctuations and excessive trading during index changes. The specific number of monitored stocks and the start date have not been announced, but an increase in market transparency is anticipated.
Business impactFor Japanese companies, this monitoring system may enhance market transparency and improve the fundraising environment. In particular, the establishment of regulations in anticipation of an FTSE upgrade could increase trust in the Vietnamese market.

Key pointsOn September 3, 2026, Samsung is searching for suppliers in Vietnam, focusing on stable quality, technological capability, data-driven operations, and sustainable development. Cha Ji-ho, Vice President of Samsung's Procurement Center, stated that the global supplier selection criteria are changing, emphasizing the importance of quality and sustainability alongside price competition. Samsung aims to build long-term partnerships and strengthen Vietnam's manufacturing base.
Business impactJapanese companies need to focus on improving quality management and sustainability to meet Samsung's standards. In particular, strengthening the supply chain is essential.

Key pointsVietnam has ranked 10th globally in mobile internet speed, surpassing the United States and China. According to the Speedtest Global Index from July 2026, Vietnam's mobile download speed is 205.58 Mbps, significantly higher than the global average of 109.73 Mbps. Additionally, it ranks 7th in fixed broadband with a speed of 255.87 Mbps. These achievements reflect the effectiveness of domestic telecom companies' 5G commercialization and gigabit fiber optic expansion strategies.
Business impactThis infrastructure improvement contributes to the digitalization and expansion of online business for Japanese companies, making it particularly important for IT and marketing departments to pay attention.

Key pointsIn 2026, Vietnam was officially recognized as a middle-income country by the World Bank. This historic milestone indicates a new status for the Vietnamese economy, with expectations for future growth, particularly in the context of Ho Chi Minh City's hyper-urbanization and the formation of new growth drivers.
Business impactThe recognition as a middle-income country may lead to increased foreign investment and economic growth. Japanese companies need to seize business opportunities in the Vietnamese market and consider strategic investments.

Key pointsOn September 1, a significant sell-off occurred in the global bond market, raising concerns about central bank interest rate hikes. This trend is expected to affect the Vietnamese economy, particularly drawing attention to interest-sensitive stocks. The Vietnamese stock market is highly influenced by foreign investor capital flows, necessitating cautious evaluation.
Business impactJapanese companies may need to reassess their supply chain cost structures due to the potential impact of rising global interest rates on financing costs. It is crucial to closely monitor trends in the real estate and banking sectors and carefully consider asset allocation.

Key pointsUS stocks have declined for three consecutive days, and oil prices have surged by 5%, raising concerns about the impact on Vietnam's economy. The effects on the VN-Index, exchange rates, and foreign investment trends are being analyzed, which may also influence investor sentiment.
Business impactJapanese companies need to reassess cost management due to fluctuations in oil prices affecting logistics and manufacturing costs. Additionally, attention to exchange rate risks is necessary.

Key pointsVietnam is rapidly growing as a fruit supplier to China, currently holding a market share of approximately 15.8%, closely following Chile. In the first half of this year, China imported about $2.16 billion worth of fruits from Vietnam, marking a 19.3% increase compared to the same period last year. Notably, durian exports have been strong, reaching around $988 million, accounting for half of the total export value. Geographical advantages contribute to low transportation costs and ease of quality preservation. Future demands will focus on quality management and diverse product offerings.
Business impactJapanese companies need to strengthen collaboration with local farmers and cooperatives in response to the growth of Vietnam's fruit exports, establishing a stable supply system. Additionally, it is crucial to ensure thorough quality management in preparation for stricter regulations in the Chinese market.

Key pointsIn 2025, China plans to invest $20.26 billion in seafood imports, with Vietnam emerging as the largest supplier of lobsters and a major supplier of catfish. This is expected to lead to further growth in Vietnam's seafood industry. The increasing demand in the Chinese market presents a significant opportunity for Vietnamese seafood exports.
Business impactJapanese companies need to reassess their export strategies in light of the strengthened supply of Vietnamese seafood, particularly focusing on quality control and supply chain optimization.

Key pointsThe U.S. Treasury Secretary's denial of further intervention in the yen's depreciation may lead to a continued decline in the yen, impacting Asian currencies. The Vietnamese dong is currently at a historic low against the dollar, drawing attention from export companies and foreign investors.
Business impactAs the yen depreciates, remittance costs from Japanese headquarters to their subsidiaries in Vietnam may rise, affecting local investment decisions. While this trend may benefit export-related companies, it will increase cost pressures on industries with high import dependence.

Key pointsBond yields in G7 countries have surged, leading to an expected increase in interest payments by billions of dollars. This situation is driven by escalating tensions between the U.S. and Iran, raising concerns about the global cost of capital affecting Vietnam's economy. There is a heightened risk of capital outflows from foreign investors.
Business impactFor Japanese companies, the global rise in interest rates may impact borrowing costs for local subsidiaries and the entire supply chain. Companies that rely on dollar-denominated financing will face a dual risk management challenge involving both currency and interest rates.

Key pointsAnalysts indicate that speculation regarding a Fed rate cut could lead to significant fluctuations in gold prices. The U.S. public debt issue is seen as a factor driving gold price increases, which may also affect the Vietnamese economy and stock investments. The price of gold could vary by several dozen dollars within a week.
Business impactFor Japanese companies, the Fed's monetary policy can impact exchange rates and supply chain costs, making it crucial for sectors involved in manufacturing and import/export to remain vigilant. Fluctuations in gold prices may influence investment decisions and funding strategies.