Talent Consolidation in Pham Nhat Vuong's Construction Ecosystem

Key pointsCompanies such as VinCons, SGC, and VinAlpha aim to gather a total of 200,000 workers as part of Vingroup's construction ecosystem. VinAlpha is recruiting 15,000 drivers, while VinCons currently employs 120,000 workers with plans to increase to 200,000. These companies are involved in various projects including construction, railways, and infrastructure development.
Business impactAmid concerns about labor shortages, Japanese companies need to focus on securing and developing their workforce. Particularly in the construction industry, there is a demand for the introduction of new talent development programs.

Key pointsIn the first nine months of 2026, Vietnam exported 1.4 million tons of coffee, but the export value decreased by 7% to $6.54 billion due to a 20% drop in prices. In September alone, the export volume was 114,200 tons, with a value exceeding $500 million. The primary factor for the decline is the price drop, along with a recovery in supply.
Business impactThe coffee industry needs to increase the proportion of processed products and improve quality to address the price decline. Products meeting EU standards are expected to command higher prices, making quality control essential.

Key pointsAmazon announced its cooperation with companies in Hai Phong City to enhance their e-commerce export capabilities from 2026 to 2030. Companies in Hai Phong are expected to access international markets through Amazon's platform, focusing on brand building and sales optimization. Amazon will provide specialized training to support the sale of products to international consumers.
Business impactFor Japanese companies, the entry of Hai Phong businesses into international markets via Amazon signifies new business opportunities. Particularly, manufacturing and retail companies should consider strategies to leverage Amazon's platform to expand their international customer base.

Key pointsThe 28th Annual Meeting of the ASEAN Valuers Association (AVA) opened on October 1, 2026, in Da Nang City, focusing on 'Digital Transformation and Sustainable Valuation' with over 300 participants from various countries. The conference will provide opportunities to discuss the impact of digital technology on valuation practices and share experiences among valuers from different nations. While digitalization enhances the efficiency of valuation work, it also presents new challenges.
Business impactThis meeting presents a valuable opportunity for Japanese companies to grasp the latest trends in valuation practices. Companies considering the adoption of digital technology in their valuation methods should pay close attention to the insights shared by participants.

Key pointsThe Vietnam Stock Exchange (VNX) announced that all stocks listed on the Hanoi Stock Exchange (HNX) will transition to the Ho Chi Minh Stock Exchange (HOSE) starting December 28, 2026. The last trading day on HNX will be December 23, 2026, and trading will be temporarily suspended during the transition period. This move is based on the Ministry of Finance's directive for HNX to transfer all stocks to HOSE by December 31, 2026. HNX will focus on the bond and derivatives markets moving forward.
Business impactThis transition will require Japanese companies to adapt to trading on HOSE. In particular, there may be impacts on stock liquidity and trading costs, necessitating a review of investment strategies.

Key pointsA tourism city covering over 550 hectares is planned in the Rach Ham and Ganh Dau areas of Phu Quoc Special Economic Zone, aiming to develop eco-tourism by utilizing natural landscapes and coastal spaces. The Rach Ham area will be developed as a tourism city accommodating approximately 12,000 people, with 251 hectares designated for tourism and 77.5 hectares for residential purposes. The Ganh Dau area will cover 230.28 hectares and is expected to accommodate 6,500 people. Development in both areas is planned until 2030, emphasizing nature conservation and the use of public spaces.
Business impactThis tourism city plan presents new business opportunities for Japanese companies. In particular, firms involved in real estate development and tourism-related services should monitor market trends and consider early entry into this emerging market.

Key pointsBy the first half of 2026, Vietnam's online shopping market is expected to reach 292 trillion VND (approximately 13.5 billion USD), with consumers increasingly purchasing high-value items. Notably, the average purchase price on Shopee has risen by 43%, leading to the exit of many small shops from the market. This shift indicates an improvement in consumer purchasing power and will influence future market trends.
Business impactJapanese companies need to reassess their online sales strategies and consider measures to capture the growing demand for high-value products.

Key pointsVietnam's durian production has tripled over the past five years, surpassing Thailand; however, revenue remains low. Deputy Prime Minister Pham Gia Tuc emphasized the need to revise production models to enhance the export value of agricultural products, particularly focusing on quality improvement and brand building.
Business impactJapanese companies need to focus on quality management and branding strategies in Vietnam's agricultural market. For competitive products like durian, improving quality is directly linked to revenue, necessitating a strategic approach.

Key pointsVietnam's President Vo Lam has proposed strengthening cooperation with US companies in the energy and technology sectors, urging them to play a significant role in the Vietnamese market.
Business impactThis proposal suggests new business opportunities in energy and technology for Japanese companies, particularly those interested in sustainable energy and digital technologies, making it worthwhile to consider entering the Vietnamese market.

Key pointsR3 Lithium, a US company, hopes to collaborate on battery technology development and critical mineral processing in Vietnam. During a meeting on September 21, the CEO praised Vietnam's progress in electric transportation and proposed a partnership for green transition. R3 Lithium aims to establish a battery recycling and critical mineral ecosystem.
Business impactThis move indicates new business opportunities for Japanese companies in the Vietnamese market. In particular, companies with environmental and recycling technologies can achieve sustainable growth through collaboration with R3 Lithium.

Key pointsSaigon (Ho Chi Minh City) has a history of over 300 years closely tied to water. From old ports and docks to modern urban spaces, the Saigon River is a crucial element in shaping the city's landscape. Urban planning up to 2040 positions the Saigon River at the center of development, with improvements to public spaces and green areas underway, strengthening the connection between the city and nature.
Business impactJapanese companies have the opportunity to participate in development projects around the Saigon River, contributing to regional infrastructure and tourism growth. Building sustainable business models is essential, especially as environmentally conscious development is increasingly required.

Key pointsHo Chi Minh City aims to become a large-scale experimental hub utilizing technology to achieve double-digit growth. There is a demand for solutions leveraging AI and DeepTech, and companies need to demonstrate effectiveness in the actual market. The city is seeking specific problem-solving from technology firms to create new growth opportunities.
Business impactJapanese companies are encouraged to pay attention to the technology adoption trends in Ho Chi Minh City and explore new business models utilizing their technologies, particularly focusing on efficiency through AI and automation technologies.