Strengthening Logistics Through Product Distribution Connections

Key pointsThe logistics industry is rapidly changing due to the explosive growth of e-commerce and multi-channel retail. Logistics networks need to be reorganized based on product distribution, connecting production areas with consumption areas. It is particularly important for each stage to function in coordination to enhance logistics efficiency.
Business impactJapanese companies need to closely monitor changes in logistics within the Vietnamese market and optimize their supply chains. With the expansion of e-commerce, there is a need to improve last-mile delivery efficiency, necessitating a review of logistics strategies.

Key pointsIt has been revealed that drivers working for ride-hailing apps in Vietnam are forced to work long hours of 13 to 15 hours a day. The absence of a holiday system and social security, along with a penalty system for declining ride requests, drives drivers into long working hours. This situation highlights vulnerabilities in the labor structure of the Vietnamese economy and is an important issue for potential investors.
Business impactFor Japanese companies, ride-hailing and logistics services are closely related to daily operations, and labor environment issues may impact service quality and supply chain stability. It is essential to pay attention to this issue in supply chain management.

Key pointsThe Vietnam Tax Consulting Association has proposed applying a deduction of 10 trillion dong in tax calculations. Currently, businesses with revenue below 10 trillion dong are exempt from both personal income tax and value-added tax (VAT), but those exceeding this threshold are subject to VAT. This proposal would require businesses to collect VAT from the outset, leading to potential tax liabilities on past revenues once they surpass the 10 trillion dong mark, raising concerns about increased economic burdens. The Ministry of Finance has indicated the need for consistency in VAT application and has shown a cautious stance towards the proposal.
Business impactIf implemented, this proposal could complicate tax calculations and increase financial burdens, particularly for small businesses. Japanese companies operating in the Vietnamese market may need to reassess their tax strategies.

Key pointsVietnam has amended its land expropriation compensation system, mandating the calculation of income loss. This institutionalizes support for the livelihoods of farmers and small businesses, marking a significant change for the Vietnamese economy, which continues to expropriate agricultural and industrial land.
Business impactThe transparency of the land expropriation system may enhance predictability in land acquisition, but the increased compensation could raise initial land acquisition costs. Japanese companies need to monitor this change and reflect it in their business plans.

Key pointsThe Deputy Minister of Finance of Vietnam has stated the commitment to equal treatment and protection of rights for foreign investors, prioritizing the attraction of high-quality capital. This is expected to enhance the investment environment in Vietnam and provide reassurance for foreign investors, especially with the upcoming FTSE upgrade.
Business impactFor Japanese companies, the strengthening of foreign investment protection serves as a reassurance for business continuity and supports the diversification of supply chains. The formalization of investor protection is likely to contribute to positioning Vietnam as a China Plus One hub.

Key pointsThe Vietnamese Ministry of Finance is accelerating bond issuance with a target of raising 50 trillion dong (approximately 3.03 billion USD) annually. This initiative aims to secure funding for infrastructure investments and public projects, with an expected rise in short-term bond yields. The increase in bond issuance may impact the supply and demand for funds in the Vietnamese economy.
Business impactJapanese companies need to be cautious as fluctuations in bond yields directly affect financing costs, particularly for local subsidiaries in the manufacturing sector. It is essential to monitor changes in the interest rate environment and reassess financing strategies.

Key pointsGreen funds from international investors are bringing new expectations to Vietnam's agriculture and food industry. Small and medium-sized enterprises (SMEs) need to demonstrate their environmental impact to access these funds. Experts emphasize that companies do not need to be fully 'green,' but must show willingness and plans for emission reductions. Many SMEs lack understanding of where to start, necessitating a data-driven approach.
Business impactJapanese companies should seek investment opportunities in green projects through collaboration with Vietnamese SMEs. There is a need to provide support for meeting environmental standards and methods for data collection.

Key pointsAn International Food and Beverage Exhibition will be held at Crocus Expo in Russia from September 15, 2026, for eight days. This exhibition is the most prestigious event in the fields of agricultural products, food, and beverages, and has been held annually since 1991.
Business impactJapanese companies should consider participating in such international exhibitions to expand export opportunities for Vietnamese food and beverages.

Key pointsVietnam Electricity (EVN) achieved a power production and import total of 235.82 billion kWh over eight months in 2026, marking a 9.3% increase compared to the same period last year. EVN is implementing measures to ensure stable power supply.
Business impactStable power supply is crucial for the manufacturing and service sectors. Japanese companies need to reconsider their business plans in light of power supply stability.

Key pointsOn September 15, 2026, Deputy Secretary Le Quang Goi of Ca Mau Province announced a proposal to the Ministry of Industry and Trade to include the Ca Mau Oil Refinery Complex in the National Energy Plan 2021-2030. This project aims to promote the potential of wind power generation in Ca Mau Province and has a vision extending to 2050. Additionally, it opens up opportunities for clean energy investments in the coastal areas of Ca Mau Province.
Business impactThis proposal presents investment opportunities related to energy and could represent new business chances for Japanese companies. Companies considering investments in the renewable energy sector should take note.

Key pointsThe representative of VCCI pointed out that 62% of tax revenue in 2025 will come from the top 20 companies, indicating a concentration of large enterprises in Vietnam. This situation may pose risks to economic stability.
Business impactJapanese companies need to recognize the risks associated with tax revenue concentration and consider strategies to contribute to economic diversification.

Key pointsOn September 15, 2026, a ceremony in Hanoi recognized 200 companies that significantly contributed to Vietnam's national budget. Among these, 99 are private companies, 73 are state-owned enterprises, and 28 are foreign or joint-venture companies. This indicates that over 37% of the national budget is funded by these companies.
Business impactThis information serves as a benchmark for Japanese companies to enhance their competitiveness in the market. In particular, a review of tax strategies and financing approaches may be necessary.