Shark Le Phu An's Company Launches 11 Trillion VND Industrial Park Project in Da Nang

Key pointsShark Le Phu An's company has commenced construction on three projects totaling approximately 11 trillion VND at the South Tan Binh Industrial Park in Da Nang. This will establish a 346-hectare industrial park, with the first factory expected to be operational by 2027. Da Nang City aims to support the project's progress and create local employment opportunities.
Business impactJapanese companies should monitor this development and assess its implications for related transactions, contracts, and local operations.

Key pointsViettel Global has acquired frequency usage rights to provide telecommunications services in the Dominican Republic, marking its entry into the 11th country. The company aims to build advanced technological infrastructure in this new market to meet local digital service demands.
Business impactJapanese companies should monitor this development and assess its impact on related transactions, contracts, and local operations.

Key pointsStatements from U.S. Federal Reserve officials indicating prolonged inflation and the possibility of resuming interest rate hikes may affect capital inflows into Vietnam's economy and stock market. The VN-Index is expected to react sensitively to foreign investor trends.
Business impactFor Japanese companies, U.S. interest rate trends directly impact the cost structure of supply chains, particularly for export-oriented firms that need to consider exchange rate risks.

Key pointsS&P DJI, a major U.S. rating agency, has highly evaluated the progress of reforms in Vietnam's securities market, with attention on movements towards FTSE upgrade. S&P DJI has requested the Vietnam State Securities Commission to continue providing data on the implementation status of these reforms, which is seen as an important collaboration to enhance market evaluation accuracy.
Business impactFor Japanese companies, the improvement in securities market transparency could lead to a better fundraising environment, particularly benefiting those considering public listings or bond issuances.

Key pointsDuring the week of August 24 to 28, 2026, the VN-Index rose by 3.6% to reach 1,832.12 points. The market showed positive breadth, liquidity improved, and trading volume increased by 27.4%. Foreign investment turned net buyers again, strengthening confidence in the economic outlook. Short-term movements are expected to target 1,850-1,900 points.
Business impactFor Japanese companies, the rise in the VN-Index suggests expanded investment opportunities. Particularly, with increased foreign inflows, there is a need to reassess entry into the capital market and investment strategies.

Key pointsThe Vietnamese Ministry of Finance announced that domestic cryptocurrency transactions could reach approximately $8.1 billion, making them subject to taxation. This figure indicates the scale of taxable transactions rather than actual tax revenue. Future legal developments are expected to impact the Vietnamese economy and investment environment.
Business impactFor Japanese companies expanding digital finance operations in Vietnam, the clarification of tax rules will enhance legal predictability, making it a crucial factor in investment decisions.

Key pointsOn the Ho Chi Minh Stock Exchange (HOSE), the stock price of SSB (a SHB Finance-related bank) surged to its price limit, leading to an influx of funds into the entire banking sector. This movement reflects the liquidity of the Vietnamese economy and indicates a growing interest from investors in the banking sector. In afternoon trading, the trading volume increased by 79% compared to the morning.
Business impactFor Japanese companies, the activity in banking stocks serves as an important indicator for assessing funding costs and the financial status of business partners. It is essential to monitor whether the circulation of funds into banking stocks continues.

Key pointsThe Thu Thiem-Long Thanh railway in Ho Chi Minh City is planned to be approximately 46.5 km long with 18 stations. The railway will operate at a maximum speed of 120 km/h and has the capacity to transport about 47,000 passengers per hour. The project is expected to adopt automated driving technology and serve as a crucial transport route connecting downtown Ho Chi Minh City and Long Thanh International Airport, with completion aimed for 2026 and a total investment of approximately 134 trillion VND.
Business impactThe opening of this railway will significantly improve transportation infrastructure in Ho Chi Minh City, positively impacting logistics and employee commuting for Japanese companies. Improved access to the airport may also expand business opportunities.

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

Key pointsQualcommは、ベトナムをグローバルなAI研究開発の第3の中心にすることを目指しています。
Business impactこの動向は、ベトナムの技術産業の成長を示しており、日本企業にとっても新たなビジネスチャンスを提供します。

Key pointsHo Chi Minh City has decided to use two plots of land in the city center as payment for a flood prevention project contract. This project, with an expected investment of 10 trillion VND, began in 2016 but has faced delays. The land used for payment is located on Tran Hung Dao Street and Le Thuan Kiet Street, covering a total area of 3.2 hectares. The project aims to protect 6.5 million residents from flooding, considering the impacts of climate change.
Business impactThis decision indicates investment opportunities in public works for Japanese companies. In particular, construction and infrastructure-related firms should pay attention to upcoming contracts and projects.

Key pointsThe Vietnam Airports Corporation (ACV) announced a plan to invest approximately 10 trillion VND (about 500 million USD) to renovate and expand Terminal T1 of Da Nang International Airport. This project aims to handle 14 million passengers annually, addressing both domestic and international demand. Additionally, the expansion of the parking area will enhance aircraft accommodation capacity.
Business impactThis project may provide new business opportunities for Japanese companies, contributing to the tourism industry and economic growth in the Da Nang region. Tourism-related businesses should pay particular attention.

Key pointsOn August 27, 2026, the Vietnam Airport Corporation (ACV) announced in collaboration with Da Nang City the commencement of the renovation and expansion project for the T1 passenger terminal at Da Nang International Airport, along with the expansion of aircraft parking areas. This project aims to increase the airport's capacity to 14 million passengers annually to meet the demands of tourism and trade. The total investment is 9.936 trillion VND (approximately 430 million USD), with the expanded facilities expected to be completed by January 2029. Additionally, Da Nang City has launched a newly digitized flight information service.
Business impactThis project will facilitate the expansion of air transport in Da Nang and serve as a crucial element in supporting the growth of the tourism industry. Japanese companies can anticipate new business opportunities in the tourism and logistics sectors.