Ho Chi Minh City Suburb Island Auctioned for 10.333 Trillion VND

Key pointsOn October 12, 2026, Saigon Thuong Tin Corporation decided to acquire 51% of the shares of Tinh Nya Company in Dong Nai Province. This asset is related to the development of 'Kim Quy Island,' located near Ho Chi Minh City. The auction price reached 10.333 trillion VND.
Business impactThis transaction may impact the local real estate market, prompting Japanese companies to consider real estate investment opportunities.

Key pointsOn October 13, 2026, during a meeting with entrepreneurs in Lam Dong Province, Chairman Ho Van Mui expressed the intention to support business growth. Lam Dong Province contributes to maintaining production and expanding markets for businesses. According to data up to September 2026, the GRDP of Lam Dong Province increased by over 8.5%, and total investment in the region exceeded 84 trillion VND.
Business impactJapanese companies are encouraged to leverage growth opportunities in Lam Dong Province and strengthen collaboration with local businesses. In particular, they should aim to build sustainable business models through cooperation with local governments.

Key pointsOn October 13, 2026, the State Audit Office signed an agreement with Gia Lai, Khanh Hoa, and Dak Lak provinces to enhance the efficiency of public resource management and usage. This cooperation aims to strengthen fiscal discipline, prevent waste, and support the socio-economic development of the region. The audit results will serve as an important information source for local government budget management.
Business impactJapanese companies need to pay attention to new regulations and strengthened audits regarding public resource management, ensuring compliance. In particular, companies involved in public works will be required to manage risks based on audit results.

Key pointsOn October 13, 2026, tax authorities announced new regulations regarding tax procedures aimed at enhancing taxpayer convenience and satisfaction. The goal is to increase transparency in procedures and ensure that taxpayers can easily access necessary information. Specifically, the regulations require clear documentation requirements for submissions and aim to reduce unnecessary procedures.
Business impactJapanese companies must respond swiftly to changes in tax procedures and verify necessary documents and processes. A review of internal processes to strengthen tax compliance is particularly required.

Key pointsOn October 13, 2026, a forum for German companies and investment was held in Ho Chi Minh City, co-hosted by the German Business Association and the German Chamber of Commerce. The forum discussed measures to strengthen economic cooperation between Vietnam and Germany, particularly the utilization of high-quality human resources and the establishment of new flight routes. Specific measures to deepen the economic relationship between the two countries are being sought.
Business impactJapanese companies need to closely monitor the progress of economic cooperation with Germany and ensure they do not miss opportunities in human resource development and new market exploration. It is important to seek strategic partnerships to enhance competitiveness.

Key pointsOn October 13, 2026, Deputy Prime Minister Pham Gia Tuc chaired the first meeting of the Central Committee on housing policy and the real estate market at the government headquarters. There is a demand for policies to promote the development of social housing and rental housing, but reports indicate a lack of supply that meets actual demand. In the third quarter of 2026, approximately 92,000 real estate transactions were successful, reaching 92% year-on-year, but inventory properties are increasing.
Business impactJapanese companies need to understand the trends in the housing market and develop strategies based on demand, particularly in the development of social housing and rental housing. It is important to consider the risks of oversupply and inventory properties in investment decisions.

Key pointsNhiệt điện Hải Phòng plans to hold an extraordinary shareholders' meeting on December 4, 2026, to reorganize the board of directors and the audit committee due to the recent death of the CEO and ongoing changes in management. The meeting will take place at the company's headquarters, with the registration deadline for participating shareholders set for November 3.
Business impactSuch management changes pose significant risk factors for Japanese companies. Firms engaged in transactions with Nhiệt điện Hải Phòng need to assess the stability of its management.

Key pointsOn October 13, 2026, the International Monetary Fund (IMF) raised its global economic growth forecast to 3.1%. This is an increase of 0.1 percentage points from the July forecast, driven by investments in artificial intelligence (AI) that are supporting some economic growth, partially offsetting negative impacts from conflicts in the Middle East.
Business impactJapanese companies need to ensure they do not miss out on investment opportunities, particularly in AI-related sectors, as global economic growth is anticipated. Strategic investments in promising areas are required.

Key pointsIn Ho Chi Minh City, Transit-Oriented Development (TOD) based on public transportation is being promoted to improve land use efficiency and urban productivity. Five TOD development areas have been established along Metro Line 2, expected to serve as new pillars of growth. According to Cushman & Wakefield, projects along Metro Line 1 have rapidly increased in value since its operation began, changing investor perceptions.
Business impactJapanese companies should pay attention to the TOD developments in Ho Chi Minh City and seek new business opportunities leveraging improved transportation convenience, particularly in residential and commercial development strategies that capitalize on TOD advantages.

Key pointsOn October 13, 2026, the Dien Bien Provincial People's Committee held an event to honor companies and investors contributing to regional economic development in celebration of Vietnam Entrepreneurs' Day. Deputy Prime Minister Nguyen Van Thinh approved 350 projects and expressed intentions to promote local production support models. Over nine months, Dien Bien Province's GRDP increased by 9.81% year-on-year, with a notable growth of 11.67% recorded in the third quarter.
Business impactThis announcement indicates an improving business environment in Dien Bien Province, suggesting expanded investment opportunities for Japanese companies. Participation in new projects to support regional growth is particularly important.

Key pointsOn October 13, 2026, the Ministry of Industry and Trade of Vietnam announced a draft of new regulations regarding gasoline sales. Companies will have the right to set their own gasoline prices, but deceptive practices towards consumers are strictly prohibited. The new regulations require price transparency, and companies must announce price changes 30 minutes in advance. Additionally, the operation of the price stabilization fund is expected to cease in 2027.
Business impactJapanese companies need to strengthen risk management related to gasoline price fluctuations and establish systems to ensure pricing transparency. Special attention is required for the procedures involved in price changes.

Key pointsOn October 13, 2026, Vietnam Customs held an online meeting with Nanning Customs of China to advance the unification of business processes and data connectivity for building a smart border model. This aims to facilitate smoother trade at the border. New regulations will promote the standardization of logistics data, establishing a foundation for efficient customs clearance through cooperation between the two countries' customs.
Business impactJapanese companies will need to adapt their logistics departments to new processes as trade procedures are expedited with the introduction of smart borders.