Nguyen Thi Nga of BRG Group Elected President of Vietnam Private Business Association

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.

Key pointsNew traffic regulations will be implemented on Dong Khoi Street in Dong Nai Province starting August 25, 2026. Trucks over 2 tons will be prohibited from passing during the hours of 6:00 AM to 8:30 AM, 11:00 AM to 1:30 PM, and 4:00 PM to 6:30 PM. Businesses are concerned that these restrictions will severely impact production activities and logistics, leading to potential delays and additional costs. A petition has been submitted by companies requesting a review of the prohibited hours.
Business impactThis new traffic regulation is likely to have a direct impact on deadlines and costs for Japanese companies engaged in manufacturing and logistics. Businesses will need to reassess their logistics plans and consider alternative routes or time slots as necessary.

Key pointsIn preparation for the National Day on September 2, 2026, the Vietnam Road Administration is developing 28 rest areas on the eastern side of the North-South Expressway. This initiative aims to enhance the safety and comfort of travelers while also contributing to the alleviation of traffic congestion. The rest areas will be established every 75 km and are expected to provide necessary services.
Business impactFor Japanese companies, the improvement of transportation infrastructure directly relates to the efficiency of logistics and movement. Companies engaged in long-distance transportation should consider utilizing these rest areas.

Key pointsOn August 24, 2026, Techcombank (HOSE: TCB) announced plans to strengthen its capital through stock dividends from undistributed after-tax profits. The bank will conduct a consultation with shareholders and introduce an Employee Stock Ownership Plan (ESOP) for employees. This aims to reinforce its position as a leader in the private sector.
Business impactFor Japanese companies, Techcombank's capital increase may impact transaction terms with financial institutions and the availability of loans. It is essential to monitor the latest trends, especially when raising funds.

Key pointsApproximately two years after the implementation of the 2023 Real Estate Business Law, market transparency has improved, and the rights and interests of citizens have been strengthened. However, many challenges remain in the implementation process, and appropriate updates are still required. Proposed legal amendments aim to simplify administrative procedures and promote real estate investment and business, which is expected to facilitate sustainable development.
Business impactFor Japanese companies, the enhancement of real estate market transparency is a crucial factor in investment decisions. If legal amendments improve the investment environment, more Japanese companies are likely to enter the Vietnamese market, particularly in the real estate sector, which needs to closely monitor these legal developments.

Key pointsOn August 24, 2026, the Vietnamese National Assembly passed the Urban Development Law, creating new opportunities for Ho Chi Minh City and other developing cities. It has been one year since Tran Luu Quang took office as the Secretary of Ho Chi Minh City, and urban development has progressed under his leadership. Notably, efforts to convert public land into parks and public spaces have been praised, with expectations of improving the lives of approximately 14 million citizens. Additionally, a policy to limit high-rise building construction in the city center has been proposed to alleviate traffic congestion and environmental issues.
Business impactJapanese companies should monitor these developments and assess their potential impacts on related transactions, contracts, and local operations.

Key pointsViettel has secured the rights to provide communication services in the Dominican Republic and plans to build a network using the latest technology. The Dominican Republic is experiencing significant economic growth in the Caribbean region, particularly in the telecommunications market. Viettel expects to further expand its revenue in overseas markets as a result.
Business impactViettel's new expansion presents new business opportunities for Japanese companies. In particular, companies related to telecommunications infrastructure may find it worthwhile to consider collaboration with Viettel.