Vietnam Government Implements Credit Support Policy

Key pointsStarting October 4, 2026, the Ministry of Finance of Vietnam will launch an investment credit support policy for small and medium-sized enterprises through the Vietnam Development Bank. This policy aims to facilitate small businesses' participation in retail infrastructure development and is expected to contribute to commercial promotion.
Business impactThis policy will provide Japanese companies with financing options when expanding retail operations in Vietnam. Increasing funding options, especially in the small and medium-sized enterprise sector, is crucial for business growth.

Key pointsThe Ministry of Industry in Vietnam has announced the national technical standard QCVN 32:2026/BCT for electric vehicle charging infrastructure. This standard aims to unify safety and technical connections, promoting the transition to electric vehicles. It is expected to enhance public trust and accelerate the shift towards environmentally friendly transportation.
Business impactThe implementation of this standard presents new opportunities for businesses related to electric vehicles. Japanese companies may establish a competitive advantage by engaging in the development of charging infrastructure.

Key pointsVietnam's tax authorities are considering measures to address the misuse of company names following reports from approximately 4,000 citizens. Many cases involve individuals being registered as legal representatives of unknown companies, leading to unpaid taxes. The tax authorities aim to establish a 'green route' mechanism for swift processing to assist victims in responding appropriately.
Business impactThis issue may also impact Japanese companies. Businesses need to verify the registration status of their legal representatives and implement measures to mitigate risks.

Key pointsGeneral Company 36 has received approval from the Hanoi People's Committee to change the land use of 9,825.7 square meters at Chua Boc 6-8 for the construction of a mixed-use facility comprising high-rise residential and commercial services. Part of the land will be used for residential purposes, while the remainder will be for commercial use, with a 50-year usage right granted. The project is being developed in collaboration with multiple companies, and recent legal rulings have resolved past disputes over land occupation.
Business impactThis project provides Japanese companies with opportunities for real estate investment and construction activities. It is important to monitor trends in the Hanoi real estate market and consider relevant legal procedures and investment opportunities.

Key pointsIn September 2026, transportation activities in Vietnam are active, meeting domestic and international mobility demands, and supporting commercial activities and cargo distribution. Notably, in Hanoi, public transportation fares are waived, improving accessibility. Additionally, the promotion of electric buses for public transport is underway, enhancing traffic safety.
Business impactFor Japanese companies, transportation costs and logistics efficiency are critical factors, necessitating attention to improvements in public transport and the introduction of new transportation methods. Particularly, the logistics sector should consider revising strategies based on the new transportation policies.

Key pointsNguyen Van Thanh, the former CEO of Green SM, has increased the capital of his electric vehicle startup AVES from 30 billion VND to 42 billion VND within about a month of its establishment. Additionally, the company is strengthening its recruitment efforts in Hanoi and Hung Yen, planning to launch its first product in the summer of 2027.
Business impactJapanese companies need to monitor the growth of Vietnam's electric vehicle market and reassess their related supply chain and talent strategies.

Key pointsSeveral Asian markets are adjusting regulations and implementing support measures to facilitate corporate access to capital markets. According to a survey by ASIFMA and KPMG, 66% of financial institutions plan to expand their activities in the region over the next three years, the highest figure recorded. Notably, Thailand has introduced tax incentives for listing emerging industry companies, while South Korea is enhancing funding for growth companies, and Mongolia is advancing tax reforms. Hong Kong is easing listing requirements, and the Philippines is simplifying capital enhancement requirements. These developments present an opportunity for Vietnam to enhance its competitiveness.
Business impactJapanese companies need to reassess Vietnam's investment environment amid intensifying competition in Asian markets. It is essential to strategically consider how to raise capital and expand operations, particularly in countries where tax incentives and eased listing conditions are progressing.

Key pointsVietnam's maritime police have designated the period from August 15 to September 15, 2026, as 'IUU Prevention Month' to enhance monitoring of fishing vessels early and from afar to prevent illegal, unreported, and unregulated (IUU) fishing. This initiative aims to strengthen efforts to eradicate IUU fishing.
Business impactJapanese companies involved in fishing-related businesses in Vietnam will need to comply with strengthened IUU regulations, particularly regarding fishing permits and reporting obligations.

Key pointsMr. Yamamoto, the president of NSRP, discussed the impact of the company's performance in 2026, which has accumulated a loss of $3 billion over the past eight years. He noted that financial pressure remains significant despite support from major companies. This factory involves enterprises from Vietnam, Japan, and Kuwait, and improvements in performance are anticipated.
Business impactJapanese companies need to closely monitor NSRP's developments. Particularly, if financial conditions improve, there may be related business opportunities.

Key pointsSiemens Mobility has signed a contract to supply 10 Velaro Novo high-speed trains to VinSpeed, which are set to operate between Hanoi and Halong, as well as between Ho Chi Minh City and Can Gio. This will reduce travel time from Hanoi to Halong to approximately 23 minutes, significantly improving the current duration of over 2 hours. The new trains are designed to reach a maximum speed of 350 km/h and reduce energy consumption by 30%. Siemens will also provide technology to advance automation in operations.
Business impactThis project signifies improvements in transportation infrastructure for Japanese companies, with expectations of reduced logistics costs and enhanced market access. Particularly in manufacturing and import-export operations, faster transportation will enhance competitiveness.

Key pointsThe Aeon Group of Vietnam has officially opened the mid-sized shopping center 'Aeon Hai Zai' in the Takhoi area of Hai Phong City. This is the first mid-sized shopping center in the Red River Delta region and the 10th store of the Aeon Group in Vietnam. The total area exceeds 38,000 square meters, featuring Aeon's direct-operated store and 37 specialty shops. Local Deputy Mayor Tran Van Quan expressed hopes that this center will contribute to the regional economy based on Aeon's experience and reliability.
Business impactThe opening of this new shopping center presents new business opportunities for Japanese companies. It is expected to serve as a platform for distributing local agricultural products and goods, contributing to the establishment of supply chains.

Key pointsIn the first nine months of 2026, China (including Hong Kong) contributed approximately 62% to the growth of Vietnam's seafood exports. Seafood exports reached $1.11 billion in September, marking a 12% increase compared to the same period last year. The Chinese market has become a major demand source for seafood, particularly for shrimp and catfish. However, increasing domestic supply in China raises concerns about price pressure due to intensified competition.
Business impactJapanese companies need to reassess their strategies to maintain price competitiveness as dependence on the Chinese market grows. Additionally, diversifying supply chains should be considered.