Vietnam Ranks 4th in Global Shipbuilding Orders

Key pointsBy 2025, Vietnam is expected to rank 4th in global shipbuilding orders, with a total volume reaching approximately 2 million GT. In 2024, it also recorded 4th place in total volume of delivered vessels. This growth highlights the significant role of Vietnam's shipbuilding industry in the development of the country's maritime sector. The construction of new multi-purpose escort vessels has also begun, indicating ongoing industry restructuring.
Business impactThe growth of Vietnam's shipbuilding industry presents investment opportunities in the maritime sector for Japanese companies, particularly in exploring technological partnerships and joint development.

Key pointsVinFast intends to open over 50 electric motorcycle showrooms across 15 states in India. This initiative aims to promote electric transportation in the Indian market and create new business opportunities in the country's large two-wheeler market. The showrooms will be established in 34 cities, with expectations for growth in India's electric motorcycle market. VinFast is set to enter the Indian market in 2025, focusing on the production and sale of electric vehicles.
Business impactThis move indicates a rising demand for electric vehicles in the Indian market, which may influence future investment strategies and product offerings for Japanese companies. Businesses involved in electric vehicle sectors should closely monitor trends in the Indian market.

Key pointsQuang Ngai Province ranked third in economic growth in the Central South Coast and Highlands region for the first nine months of 2026. The Quang Ngai Provincial People's Committee held a regular meeting to evaluate economic and social development in September and the third quarter. Notably, Quang Ngai plans to promote regional development through a new highway project.
Business impactThis growth suggests investment opportunities for Japanese companies in Quang Ngai Province. Companies involved in infrastructure-related projects are expected to leverage business opportunities arising from regional development.

Key pointsOn October 6, 2026, the VN-Index rose by 5.88 points (+0.34%) to reach 1,759.08 points. On HoSE, 171 stocks declined, 124 stocks increased, and 64 stocks maintained their reference prices. Market liquidity increased, with trading volume up by 49.5% compared to the previous day, indicating a surpassing of short-term adjustment pressure.
Business impactFor Japanese companies, the rise in the VN-Index suggests an improvement in the investment environment, serving as a reference when considering investments in the stock market. Enhanced liquidity may provide opportunities for fundraising and new investments.

Key pointsIn early October 2026, HDBank and Vietjet, associated with Vietnamese tycoon Nguyen Thi Phuong Thao, achieved significant milestones in their respective markets. HDBank surpassed LPBank to enter the top three in market capitalization, while Vietjet holds the largest aircraft fleet in the country. This growth of both companies is attracting attention.
Business impactFor Japanese companies, there may be increased opportunities for partnerships and investments with HDBank and Vietjet. Companies interested in the aviation industry and financial services should closely monitor these developments.

Key pointsAs the end of 2026 approaches, the Vietnamese economy is maintaining a recovery trend with accelerated growth. Strong government leadership and local efforts have led to a 24% increase in exports year-on-year, with consumption expected to rise by about 13%. However, challenges such as trade deficits and energy issues remain. The government aims to stabilize the economy while increasing the growth rate to double digits, with ongoing tax reductions and simplification of procedures to promote corporate growth and sustainable economic development.
Business impactFor Japanese companies, Vietnam's economic growth presents new business opportunities. It is crucial to leverage government support measures, particularly in manufacturing and export sectors, to enhance competitiveness. Additionally, addressing energy issues is necessary for sustainable business operations.

Key pointsDanish Ambassador Lina Ganderose Hansen expressed willingness to share successful cases and experiences to help Vietnam achieve its goal of 6-10 GW of offshore wind power by 2030. Denmark emphasized the need for a transparent legal framework and highlighted the importance of international financing. Vietnam is expected to advance sustainable energy transition by developing policies for offshore wind power.
Business impactJapanese companies need to reassess their investment strategies in offshore wind power projects, taking into account Denmark's experiences, particularly in terms of legal frameworks and financing preparations.

Key pointsFilmore Development held a groundbreaking ceremony for SOMA The First in Dong Nai Province. This project aims to provide a living environment focused on healthy living, featuring approximately 1,800 residential units and commercial facilities in two 36-story buildings. The design emphasizes space that supports residents' health, incorporating natural light and greenery.
Business impactJapanese companies should monitor this development and assess its potential impact on related transactions, contracts, and local operations.

Key pointsRong Chau and Santen announced a strategic partnership to enhance comprehensive eye care initiatives ahead of World Sight Day on October 8, 2026. With 136 years of ophthalmic expertise, Santen aims to leverage Rong Chau's extensive regional network to provide vision protection and treatment support. Both companies are committed to improving eye health in Vietnam through educational programs and community health promotion activities, emphasizing the importance of early detection and prevention, especially as children's vision issues worsen.
Business impactFor Japanese companies, the partnership between Rong Chau and Santen may contribute to improving the quality of healthcare services in the Vietnamese market. New business opportunities in the ophthalmic sector are expected to arise, making it worthwhile to consider offering related products and services.

Key pointsThe Vietnam Aviation Industry Forum will be held in Hanoi from November 4 to 6, 2026, with participation from airlines, equipment manufacturers, and universities. The forum aims to establish a sustainable aviation fuel supply chain and is expected to promote the development of the regional aviation industry.
Business impactFor Japanese companies, participating in the aviation industry's supply chain presents new business opportunities. Companies providing sustainable fuels and technologies can enhance their competitiveness in the Vietnamese market.

Key pointsVietnam aims to develop as a maritime nation by improving its institutional framework and revising infrastructure plans. The government has formulated an action plan for 2026 to 2030, emphasizing the development of industries utilizing marine resources and integrated management of marine spaces.
Business impactFor Japanese companies, entering Vietnam's maritime industry presents new business opportunities, particularly in investing in projects that utilize marine resources and providing technological support.

Key pointsOn September 18, 2023, Tasco Auto announced its acquisition of shares in Vĩnh Phát Motors, which owns a truck manufacturing plant in Ho Chi Minh City. This transaction aims to enhance production capacity for commercial and electric vehicles. On the same day, China's Dongfeng Liuzhou Motor partnered with Vĩnh Phát Motors to establish ASEAN's first CKD (Completely Knocked Down) plant in Vietnam, marking a significant step towards local production. Vĩnh Phát Motors, founded in 2015, already has a plant in Ho Chi Minh City and experience in CKD assembly.
Business impactThe establishment of this new plant presents new business opportunities for Japanese companies. It is particularly important to consider the supply of related parts and services as demand for electric vehicles and new energy vehicles continues to rise.