Vingroup Orders 200 Driverless Trains from Alstom for Hanoi Metro

Key pointsOn October 6, 2026, Vingroup signed a contract with France's Alstom to order 200 driverless trains for the Hanoi metro project, with 117 trains expected to be assembled in Vietnam. The trains will be made of aluminum alloy, designed for high energy efficiency and improved passenger comfort.
Business impactThis project represents a significant step towards enhancing the autonomy of Vietnam's railway industry. Japanese companies are encouraged to seize opportunities for technology transfer and component supply, fostering long-term partnerships.

Key pointsThe Vietnam Petroleum Association has proposed the removal of the price cap on commercial gasoline in a new draft regulation. This proposal aims to allow companies to freely set prices according to market conditions, moving away from previous price controls. Once the new regulation is implemented, companies will be able to set different prices, leading consumers to experience varying prices. The draft regulation is expected to be submitted to the government in early October.
Business impactThis regulatory change may impact cost management and pricing strategies for Japanese companies. In particular, distributors will need to reassess their strategies to maintain competitiveness due to increased pricing flexibility.

Key pointsVietnam and the United States are advancing trade negotiations with the goal of concluding a fair and balanced trade agreement soon. According to a spokesperson from the Ministry of Foreign Affairs, both countries have confirmed specific progress in strengthening economic, trade, and investment relations. This is expected to further deepen the strategic partnership between the two nations.
Business impactThe conclusion of this agreement could create new business opportunities for Japanese companies, particularly necessitating a review of export-import operations and investment strategies.

Key pointsThe Ben Luc - Long Thanh Expressway is scheduled to fully open on September 30, 2023. This expressway directly connects the southern regions of My Tho, Dong Nai, and Vung Tau, expected to reduce travel time by one hour and alleviate traffic congestion in Ho Chi Minh City. The total length is approximately 58 km, significantly improving traffic flow.
Business impactJapanese companies should monitor this development and assess its impact on related transactions, contracts, and local operations.

Key pointsIn the third quarter of 2026, the volume of cargo passing through the port is expected to increase by approximately 22% compared to the same period last year. According to MBS forecasts, three companies—Gemadept, Hai Phong Port, and Container Vietnam—are projected to see profit increases ranging from 65% to 86%. This is attributed to the rise in cargo volume and service prices.
Business impactJapanese companies should closely monitor this trend and assess its impact on related transactions, contracts, and local operations.

Key pointsThe Mayor of Da Nang, Nguyen Manh Hung, has instructed dialogue with companies facing difficulties related to funding, land, and project procedures, analyzing each issue individually and implementing solutions swiftly. For instance, K&H Company is seeking an extension on land lease for sports facilities, citing reduced revenue due to COVID-19. The mayor emphasized identifying obstacles for each case and clarifying responsible agencies, indicating a policy for rapid resolution of business challenges.
Business impactDa Nang's response is crucial information for Japanese companies. Particularly, firms facing issues related to land or financing need to enhance communication with authorities and aim for early problem resolution. It is essential to follow the city's policies and expedite necessary procedures.

Key pointsFTSE Russell has announced that Vietnam will be upgraded to emerging market status starting September 21, 2026, with 27 stocks being added to the FTSE Global All Cap index. This change is expected to attract international capital into the Vietnamese market.
Business impactFor Japanese companies, the influx of international capital into the Vietnamese market signifies expanded business opportunities. In particular, the stocks added to the FTSE Global All Cap should be closely monitored.

Key pointsVietnam is deepening its integration into the global economy by leveraging 17 free trade agreements (FTAs). There is an improvement in manufacturing capabilities, corporate vitality, and access to international markets. By 2026, electronics are expected to become the main export, with total exports projected to exceed $475 billion.
Business impactJapanese companies need to capitalize on the growth of Vietnam's manufacturing sector to strengthen their supply chains. It is particularly important to reassess strategies to meet increasing demands for environmental standards and traceability.

Key pointsBanks such as Vietcombank, Agribank, BIDV, and VietinBank have pledged to provide funding for infrastructure and urban development projects in Hanoi. This is expected to advance key projects from 2026 to 2030.
Business impactJapanese companies should monitor this development and assess its impact on related transactions, contracts, and local operations.

Key pointsSingapore's 'Business Times' reports that Vietnamese real estate companies are focusing on urban development in coastal areas. There is a shift from traditional resort development to long-term residential cities, with large-scale projects underway, particularly in Quang Ninh and Da Nang. HAUS's 'Coastal Quang Ngai' project aims to accommodate approximately 4,000 residents, which is expected to boost local economic development.
Business impactThis trend presents new investment opportunities for Japanese companies. Firms with expertise in infrastructure and sustainable development are likely to secure a competitive advantage.

Key pointsNghiêm Thị Thà, Vice President of the Vietnam Financial Consulting Association, stated that green real estate based on ESG (Environmental, Social, Governance) standards is becoming an inevitable trend in the market. Companies are initiating programs to evaluate ESG practices and aim for sustainable development.
Business impactJapanese companies need to strengthen their response to ESG standards to secure competitive advantages and enhance their international reputation.

Key pointsBehind national economic growth lies the presence of large enterprises that drive industries. In Vietnam, companies such as Viettel, Vingroup, Techcombank, and Vinamilk may play this role. These companies are positioned as strategic assets of the country and require support to enhance their competitiveness in international markets. Successful countries actively formulate policies to promote corporate growth.
Business impactJapanese companies may expand business opportunities by supporting the growth of Vietnam's state-owned enterprises. It is particularly important to advance partnerships with companies that possess technology and resources.