Funding and Progress of Long Thanh International Airport Project

Key pointsIn the Long Thanh International Airport construction project, it is crucial to establish funding conditions and expedite the allocation of funds. The project aims to commence airport operations in 2026, requiring continuous construction and quality assurance. Commercial operations are expected to begin by the end of the year.
Business impactFor Japanese companies, the opening of Long Thanh International Airport will enhance logistics and transportation efficiency, positively impacting business development in the Vietnamese market. Companies involved in import and export operations need to prepare for the upcoming launch.

Key pointsOn October 12, 2026, in Hanoi, Vietnam's Minister of Finance Nguyen Van Tuan and Luxembourg's Minister of Finance Pierre Gramegna signed a memorandum to enhance cooperation in green finance and capital markets. The two countries aim to promote capital inflow from Luxembourg to Vietnam.
Business impactThis cooperation offers new funding opportunities for Japanese companies, particularly in the field of green finance, which will be a crucial element for businesses seeking sustainable business models.

Key pointsOn October 12, 2026, the Quang Tri Provincial People's Committee held a conference with over 250 representatives from businesses and investors. The province aims to fully utilize the central government's budget to develop economic corridors and announced specific measures for the development of the tourism industry.
Business impactQuang Tri Province's initiatives provide new investment opportunities for Japanese companies, especially in tourism and energy projects, which will be key drivers for future growth.

Key pointsNguyen Thi Nga, Chairwoman of BRG Group and a Labor Hero, was recognized as the Outstanding Vietnamese Entrepreneur of 2026. She has contributed to enhancing the capabilities of Vietnamese enterprises by incorporating international standards and establishing long-term business strategies. Under her leadership, BRG Group is expanding its market and aiming for sustainable growth.
Business impactNguyen Thi Nga's award highlights investment opportunities for Japanese companies in the Vietnamese market. As the adoption of business models incorporating international standards becomes essential, Japanese firms can enhance their competitiveness by referencing her strategies.

Key pointsInternational rating agency Moody's Ratings has upgraded An Bình Commercial Bank (ABBank)'s long-term deposit rating from B2 to B1, maintaining a positive outlook. ABBank is recognized for reducing its non-performing loan ratio to 1.2% by June 2026 and improving the quality of its capital and profitability. Additionally, a significant capital enhancement plan is expected in the first half of 2027, which is anticipated to contribute to the bank's creditworthiness. The bank is focusing on strengthening its retail operations and enhancing customer experience.
Business impactFor Japanese companies, the upgrade in ABBank's credit rating may positively influence financial transactions and lending conditions. Companies engaging with ABBank can expect more favorable financing terms, making it essential for the financial sector to monitor this trend.

Key pointsNguyen Van Hung of CNCTech has been selected as the 'Outstanding Vietnamese Entrepreneur - Sun Kyung Cup' for 2026. He embodies entrepreneurship in the technology sector and is dedicated to integrating Vietnamese companies into the global supply chain.
Business impactThis award highlights the importance of entrepreneurship in Vietnam, suggesting that collaboration with local talent can lead to business success for Japanese companies.

Key pointsVietnam's waste management company VWS has announced plans to invest over $500 million in technological transformation at the Da Phuc waste treatment facility, in line with Ho Chi Minh City's policies. This facility processes approximately 5,000 tons of waste daily and adopts a circular economy model. The new project will introduce technology to convert waste into energy.
Business impactThis project contributes to environmental protection and sustainable development, presenting opportunities for Japanese companies to engage in environmental-related businesses, particularly in providing technology for waste management and recycling.

Key pointsNew regulations on food additives have been introduced in California, Texas, and Louisiana, imposing new requirements on exporting companies. Processed seafood products may be significantly affected, necessitating a review of product ingredients and recipes. A law banning certain additives will take effect in California on January 1, 2027, with fines for violations. Texas is advancing a bill requiring warning labels for specific ingredients, while Louisiana mandates the disclosure of ingredient information via QR codes. Companies will need to develop strategies to comply with varying regulations across markets.
Business impactVietnamese seafood companies, particularly those dealing with processed products, must reassess their product ingredients and manufacturing processes to adapt to US market regulations. Products with high levels of additives are likely to require adjustments, necessitating prompt action.

Key pointsEVNHCMC, the power company in Ho Chi Minh City, emphasizes its efforts over the past 50 years to improve power supply reliability and promote digitalization. It is advancing the construction of smart grids and the introduction of automation technologies to meet new demands for power supply in megacities after 2025. This enhances the reliability of power supply and improves the quality of customer service.
Business impactThis initiative signifies improved stability in power supply for Japanese companies, which is crucial for ensuring business continuity. As digitalization progresses, efficient energy management will be increasingly required.

Key pointsOn October 12, 2026, the Quang Ngai Provincial People's Committee held a meeting with businesses and investors to commemorate Vietnam Business Day. This meeting served as a platform to express gratitude for the contributions of businesses and investors and to facilitate the exchange of opinions. In the first nine months of 2026, Quang Ngai Province recorded the third highest growth rate among six provinces in the South Central Coast and Central Highlands regions. The Secretary of the Quang Ngai Provincial Party Committee called for proactive actions towards achieving goals.
Business impactThis meeting presents a good opportunity for Japanese companies to understand the local business environment and expand their networks. Companies involved in Quang Ngai Province's growth strategy should be attentive to future investment opportunities.

Key pointsIn Bac Ninh Province, the cooperative economy plays a crucial role in the development of agriculture and services. Currently, there are about 2,100 cooperatives with over 120,000 members. These cooperatives are transitioning from traditional models to value chain-based production and are adopting advanced technologies. Particularly in agriculture, cooperatives are utilizing new technologies to enhance income.
Business impactJapanese companies have opportunities to leverage local resources and build sustainable business models through collaboration with cooperatives in Bac Ninh Province. Partnerships with cooperatives are especially important in agriculture-related businesses.

Key pointsTo celebrate tax policy compliance in 2025, the tax authority in Vietnam awarded recognition to companies. This acknowledges the companies' responsibilities towards the national budget and their contributions to socio-economic development. The tax authority aims to enhance support for companies in managing tax risks and increasing transparency.
Business impactJapanese companies need to recognize that tax compliance directly impacts their credibility and should strengthen their tax risk management. It is crucial to implement appropriate measures, especially in light of the requirements for compliance with tax-related regulations.