Reasons for Absence of Familiar Stocks in FTSE

Key pointsFTSE Russell added 27 Vietnamese stocks to the FTSE Global All Cap, but familiar stocks like MWG and TCB are absent. This is due to insufficient foreign ownership ratios, which did not meet FTSE's criteria. FTSE emphasizes stock liquidity and free float ratios, leading to the exclusion of many companies.
Business impactJapanese companies need to understand FTSE's criteria and consider liquidity and foreign ownership ratios when selecting investment targets. It is particularly important to monitor trends of stocks added to FTSE and reassess investment strategies.

Key pointsOn August 25, 2026, the Hanoi Supporting Industry Enterprises Association (HANSIBA) signed a memorandum of cooperation with the Hanoi Administrative Service Center and Employment Service Center. This program aims to promote the development of the supporting industry.
Business impactJapanese companies can strengthen collaboration with local businesses and enhance their competitiveness by participating in initiatives aimed at the development of the supporting industry.

Key pointsVietnam and Australia have entered a new phase of cooperation in areas such as trade, investment, innovation, digitalization, energy, advanced agriculture, and sustainable development. At the Vietnam-Australia Business Forum held on August 24, 2026, companies from both countries engaged in direct dialogue to explore new business opportunities, particularly in sectors expected to grow, such as technological innovation, clean energy, and agriculture. This is expected to increase opportunities for Vietnamese companies to understand the business environment and production capacity in the Australian market and build partnerships.
Business impactFor Japanese companies, collaboration with Australia offers opportunities for market expansion and technology introduction. In particular, cooperation in the energy and agriculture sectors may contribute to the establishment of sustainable business models. Relevant sectors should monitor trends in the Australian market and consider strategic partnerships.

Key pointsOn August 25, 2026, the National Agricultural Extension Center conducted training on safe production of passion fruit in Da Lat City, Lam Dong Province. The training aimed to teach production methods adapted to climate change and was attended by agricultural extension staff. It covered the entire process from production to harvesting, processing, and sales of passion fruit.
Business impactJapanese companies should monitor this trend and assess its impact on related transactions, contracts, and local operations.

Key pointsOn August 25, 2026, the Vietnam Air Traffic Management Corporation (VATM), Vietnam Airlines, and the Airports Corporation of Vietnam (ACV) collaborated to conduct training simulating UAV intrusions at Noi Bai International Airport. This training was aimed at ensuring aviation safety in the northern FIR (Flight Information Region), which was affected by Typhoon No. 4 (NARRA), disrupting over 20 flights.
Business impactJapanese companies should monitor this trend and assess its impact on related transactions, contracts, and local operations.

Key pointsThua Thien Hue Electricity Company has activated three transformers to supply power to 116 households in preparation for Independence Day (September 2). This project is part of the 'Bun San Dien Bien' program and has been safely operated after technical inspections.
Business impactJapanese companies need to strengthen collaboration with electricity providers to ensure stability in local power supply, especially in anticipation of increased demand during holidays and events.

Key pointsStarting September 1, 2026, Quang Ninh Province aims to establish its status as a city and create new growth drivers. This decision is based on a resolution from the National Assembly, emphasizing the need to build a foundation for sustainable development. Quang Ninh City plans to participate in the 2026 'Moving Forward with Vietnam' program and spread regional models.
Business impactThe advancement of urbanization presents new business opportunities for Japanese companies, particularly in infrastructure investment and the expansion of the service sector.

Key pointsVietjet has begun early sales of 3.1 million tickets for all domestic and international routes for Tet (Lunar New Year) 2027. The sales period runs from January 22 to February 20, 2027, aimed at meeting the demand for homecoming and tourism. Additionally, Vietjet has launched a direct flight between Colombo and Ho Chi Minh City, providing access to Sri Lanka.
Business impactThe sale of tickets during the Tet period will impact business travel and personnel movement for Japanese companies, necessitating adjustments to planned travel schedules. Furthermore, the new route opening signifies expanded business opportunities.

Key pointsNguyen Thi Nga of BRG Group has been elected as the new president of the Vietnam Private Business Association (VPBA). She has expressed her intention to promote programs that support fundraising and market development for businesses, particularly for small and medium-sized enterprises and women entrepreneurs. VPBA plays a crucial role in gathering business voices and making policy recommendations, and further development is expected under Nga's leadership.
Business impactFor Japanese companies, the new structure of VPBA will serve as an important network to expand business opportunities in the Vietnamese market. Strengthening collaboration with small and medium-sized enterprises could create new partnership and market development opportunities.

Key pointsOn August 25, 2026, the Ho Chi Minh City Tax Department held discussions with businesses regarding VAT refunds, revealing that many companies face difficulties in the refund process. In particular, the criteria for VAT refunds on goods exported through external warehouses are unclear, and companies are being asked to provide specific evidence. The tax department explained that it may change the classification of refund applications based on its risk management system, which could delay the refund process for businesses.
Business impactJapanese companies need to recognize that the VAT refund process is becoming more complex and must manage risks, especially when using external warehouses. Strengthening communication with the tax department and preparing necessary documentation is crucial, particularly in reviewing relationships with high-risk partners.

Key pointsThe Central Executive Committee of the Vietnam Private Business Association (VPBA) has elected labor hero Nguyen Thi Nga as its president. She is the chairwoman of BRG Group and has a track record of contributing to the development of VPBA. Nga has expressed her intention to focus on supporting small and medium-sized enterprises and women entrepreneurs, aiming to enhance corporate financing and market access.
Business impactJapanese companies should not miss business opportunities in the Vietnamese market under the new leadership of VPBA. Collaboration with small and medium-sized enterprises and building new partnerships will be particularly important.

Key pointsSamsung smartphones produced in Vietnam account for one in two sold globally, achieving $39 billion in exports over a seven-month period in 2026. This highlights the significance of Vietnam's manufacturing sector, particularly the strong influence of Samsung. The company continues to strengthen its manufacturing base in Vietnam, greatly impacting the local economy.
Business impactFor Japanese companies, the growth of Vietnam's manufacturing sector presents opportunities for parts supply and manufacturing outsourcing. In particular, electronics-related firms are encouraged to enhance collaboration with local manufacturing bases.