Risk of Losing 20 Trillion VND in Tax Revenue Due to Illegal Tobacco

Key pointsWith a significant increase in special consumption tax on tobacco starting in 2027, the distribution of illegal tobacco is expected to rise, potentially resulting in a loss of about 20 trillion VND in annual tax revenue. This may lead to increased public health impacts and a greater burden on law enforcement. Recently, around 15,000 boxes of illegal tobacco were seized in Can Tho.
Business impactCompanies in the tobacco industry are required to strengthen monitoring of illegal distribution and ensure compliance with regulations. Additionally, they need to consider the impacts of tax reforms and implement appropriate measures.

Japanese business summary. Read the original source for the source language.

Key pointsバクニン省は、中国での投資促進セミナーを開催し、同省の投資機会を紹介しました。特に、半導体やAI分野での高技術プロジェクトへの投資を呼びかけています。
Business impact日本企業は、バクニン省の投資機会を活用し、特に高技術分野でのパートナーシップを模索することが重要です。

Key pointsFrom August 29 to September 2, 2026, Hanoi will provide free bus and two urban railway services to celebrate National Day. This initiative aims to support daily commuting and enhance convenience for tourists. Buses will operate from 4:30 AM to 10:30 PM, and trains from 5:30 AM to 10:00 PM, with 42 additional buses prepared for expected congestion.
Business impactThis measure presents a significant opportunity for the tourism and transportation sectors. With an anticipated increase in tourists, related businesses should consider expanding services and promotional activities.

Key pointsThe office market in Hanoi is experiencing a shift towards multipolarity, with new supply concentrated in areas away from the city center. Notably, the supply of Class A offices in the central area is decreasing, prompting companies to reassess their office selection strategies to adapt to the labor market.
Business impactJapanese companies need to prioritize cost and environmental considerations in their office selection, particularly by reevaluating the location strategy for new offices.

Key pointsIn Northern Vietnam, heavy rain from Typhoon No. 4 has caused flooding and landslides affecting many roads. The Ministry of Transport and local authorities are responding around the clock, prioritizing the restoration of major transportation routes to ensure traffic safety. Notably, National Route 1 and National Route 18 have experienced flooding, with water levels reaching up to 80 cm in some areas. The Ministry is working to expedite recovery efforts and normalize traffic flow.
Business impactThis situation may impact logistics and transportation for Japanese companies. Businesses operating in the northern region should consider the traffic disruptions and review delivery schedules or secure alternative routes.

Key pointsOn July 9, 2026, an EPC contract was signed between the Vietnam National Oil and Gas Group (BSR) and the consortium of Chengda - BPE for the expansion project of the Dung Quat Refinery. This will facilitate the rapid progress of preparatory work for the project. The expansion of the refinery is expected to contribute to the stabilization of domestic energy supply.
Business impactThis project presents a significant opportunity for energy-related businesses, and Japanese companies should not miss related supply chain and investment opportunities.