Ho Chi Minh City Digitizes Four Administrative Procedures

Key pointsSamsung's factory in Vietnam achieved a revenue of $17.3 billion in Q2 2026, marking an increase of approximately $2.9 billion compared to the same period last year. However, profits decreased by 17%, with the profit margin at the Thai Nguyen factory dropping from 9.1% to 4.8%. This indicates that Samsung is facing challenging conditions in Vietnam.
Business impactFor Japanese companies, Samsung's profit decline may impact supply chain stability and business relationships. Companies involved in electronics should closely monitor Samsung's developments and strengthen risk management strategies.

Key pointsINSEE Vietnam announced its commitment to manufacturing environmentally friendly building materials and aims for net-zero emissions by 2050. The company is particularly focused on reducing clinker usage and utilizing by-products from other industries to decrease CO₂ emissions. INSEE emphasizes providing products that meet environmental standards and contributing to local communities, aiming for sustainable economic growth.
Business impactJapanese companies should monitor this trend and assess its impact on related transactions, contracts, and local operations.

Key pointsIn HCMC, many infrastructure projects have commenced simultaneously in line with the National Day, leading to expected improvements in transportation. Notably, the expansion of National Route 13 has begun, with a 60-meter wide road expected to be completed by 2029. This movement is revitalizing the real estate market, causing prices to surge by 20-25% compared to a few years ago, with properties near the city center anticipated to increase by 60-80%.
Business impactThis infrastructure development may create new business opportunities for Japanese companies. Real estate-related businesses, in particular, need to reassess their investment strategies in light of rising prices. Additionally, improved transportation will enhance logistics and commuting efficiency, positively impacting business operations.

Key pointsHo Chi Minh City has digitized four administrative procedures, including birth registration, permanent residence registration, issuance of health insurance cards, and identity cards for children under six years old. This allows for online processing, which is expected to expedite the procedures.
Business impactJapanese companies can utilize the digitized procedures to enhance the efficiency of administrative tasks, leading to faster business operations.

Key pointsHo Chi Minh City has reviewed the conditions for land division and announced a new minimum division area of 36 square meters. This new land policy, effective from January 1, 2026, aims to meet the actual needs of social security, including significant changes related to land recovery, resettlement, and urban development. Improved efficiency in land use is expected as a result.
Business impactJapanese companies need to understand the new regulations regarding land use and consider appropriate responses, especially in real estate development and investment planning. It is crucial to reassess strategies for land acquisition and use before the new policies take effect.