Cadisun Chairman Sentenced to 5 Years in Prison

Key pointsOn August 28, 2026, the Hanoi People's Court sentenced Pham Luong Hoa, Chairman of Cadisun, to 5 years in prison for serious consequences resulting from violations of accounting regulations. This ruling reaffirms the importance of corporate transparency and compliance with laws.
Business impactJapanese companies need to recognize the importance of legal compliance in Vietnam and strengthen their internal audit and compliance systems. It is particularly essential to adhere strictly to regulations concerning accounting and taxation.

Key pointsFollowing comments from the Federal Reserve Chairman, gold prices fell by approximately $150 per ounce, while U.S. Treasury yields and the dollar exchange rate rose simultaneously. This may impact the Vietnamese economy, particularly affecting the dong exchange rate and capital flows. The SPDR Gold Trust, a gold ETF, experienced significant selling, with weekly sales surpassing purchases. Fluctuations in gold prices are expected to indirectly affect Vietnam's currency and stock markets as an emerging market.
Business impactFor Japanese companies, the situation of a stronger dollar and weaker dong will increase the cost of importing raw materials, while also enhancing the price competitiveness of exports to Japan. It is necessary to review supply chains and diversify sourcing while considering exchange rate risks.

Key pointsGrab has made a strategic investment in EBOOST to enhance electric vehicle charging infrastructure in Vietnam. EBOOST has already deployed over 2,500 charging stations, which are integrated into the Grab Driver app, allowing drivers to easily locate charging stations, initiate charging, and make payments. Founded in 2019, EBOOST currently has over 10,000 users in the country.
Business impactThis investment may promote the adoption of electric vehicles and create related business opportunities. Japanese companies should consider offering services or products related to electric vehicles.

Key pointsSaigon Coop is conducting a sale themed '30 Years of Pride' to celebrate National Day. From August 27 to September 9, over 800 stores will offer various discounts and promotions to boost consumer purchasing intent, particularly focusing on food and daily necessities.
Business impactThis sale presents a good opportunity for Japanese companies to reassess their sales strategies to contribute to the revitalization of the domestic market, especially by aligning product offerings with consumer needs.

Key pointsChairwoman Vũ Thị Chân Phương of the Vietnam Securities Commission met with leaders from S&P Dow Jones Indices in New York to discuss solutions for the development of Vietnam's securities market and improving access for international investors. Vietnam is advancing legal framework improvements and modernizing infrastructure, implementing key reforms to enhance convenience for foreign investors.
Business impactThis move expands investment opportunities in the Vietnamese market for Japanese companies. In particular, improved access for foreign investors is expected to increase capital raising options and foster business growth.

Key pointsAn evaluation has been conducted on the potential for PPP (Public-Private Partnership) investment funding for Ho Chi Minh City Ring Road 4, revealing the credit procurement capabilities of investors and financial institutions. The project spans approximately 35 km and is a crucial infrastructure connecting Ho Chi Minh City with Dong Nai Province and Binh Phuoc Province. The government has instructed local authorities to cooperate, monitor progress, secure necessary materials, and take measures to prevent construction delays.
Business impactJapanese companies should closely monitor this development and assess its impact on related transactions, contracts, and local operations.

Key pointsVincom Plaza Dan Phuong opened on August 28, 2026. This shopping center is the 91st store of Vincom, covering an area of approximately 27,000 square meters. It offers a diverse ecosystem of shopping, dining, and entertainment, becoming a new community hub that blends local culture with a modern lifestyle.
Business impactThe opening of this new shopping center will contribute to the revitalization of the local economy and provide new business opportunities for Japanese companies. In particular, the food and retail sectors are expected to benefit from increased foot traffic.

Key pointsToyota Motor Vietnam will invest $283 million in Phu Tho Province to initiate an automotive and parts assembly and production project on a 28.6-hectare site, aiming to produce approximately 52,000 vehicles annually, including electric vehicles. This project is expected to contribute to the development of Vietnam's automotive industry and significantly impact the local economy.
Business impactThis investment will enhance Toyota's production capacity and increase its competitiveness in the Vietnamese market. Japanese companies should closely monitor Toyota's developments and strengthen related supply chains.

Key pointsOn the afternoon and evening of August 28, 2026, traffic to the west of Ho Chi Minh City became extremely congested, particularly around the Mien Tay Bus Station, as many people were traveling. This day marked the last working day before a five-day holiday for National Day on September 2, leading to increased traffic volume. The eastern highways also experienced congestion, temporarily affecting access to Tan Son Nhat Airport. The number of expected travelers during the National Day period is anticipated to increase compared to the previous year.
Business impactThe traffic congestion associated with the National Day holiday may impact business trips and logistics. Japanese companies need to pay attention to schedule adjustments and securing transportation, especially during this period.

Key pointsThe Ho Chi Minh City Tax Office aims to resolve tax-related issues through dialogue with businesses and create a transparent investment environment. In the first half of 2026, tax revenue from businesses significantly increased, exceeding 466 trillion VND. The Tax Office recognizes that business growth contributes to the city's prosperity and emphasizes a taxpayer-centered service approach. Discussions on new tax regulations are also taking place, requiring specific responses aligned with business practices.
Business impactJapanese companies should strengthen communication with the Ho Chi Minh City Tax Office to simplify tax procedures and obtain timely information on new tax regulations. Given the Tax Office's willingness to reflect business feedback, actively submitting opinions is recommended.

Key pointsOn August 28, 2026, Central Retail Vietnam opened the GO! Dan Phuong store at Vincom Plaza Dan Phuong in Hanoi. This supermarket spans 3,000㎡ and offers over 21,000 products, contributing to the improvement of local residents' quality of life.
Business impactThe opening of this new store presents an opportunity for Japanese companies to strengthen access to the local market, particularly by focusing on the promotion of local products.

Key pointsOn August 28, 2026, the 'Digital Transformation Market' model was announced at Dong Zan Market in Hanoi. This initiative aims to support commercial activities and provide convenience to consumers and tourists. Digitalization will complement traditional business methods and modernize commercial management.
Business impactJapanese companies need to consider adopting new technologies, especially in retail, to keep pace with the wave of digitalization.