Can Tho City Proposes Halting Overseas Training

Key pointsWith the Chinese real estate market stagnating for an extended period, state funds are reassessing their capital allocations from China and showing interest in investing in Vietnam's economy. As capital continues to concentrate in the US market, Vietnam is emerging as an alternative within Southeast Asia. This positioning of Vietnam for investment is becoming a significant factor.
Business impactFor Japanese companies, reassessing reliance on China may facilitate the restructuring of supply chains. Companies with manufacturing bases in Vietnam should view this capital shift as a business opportunity and reconsider their strategies.

Key pointsThe Audit Office of Can Tho City has recommended that the local lottery company cease overseas training programs. In 2024, the lottery company in Soc Trang Province planned to spend 1,204,000,000 VND on training in Europe, but the Audit Office determined that this expenditure would not contribute to the business. The Can Tho lottery company also conducted training in Japan and Dubai, which was deemed inappropriate. This has led to the view that future overseas training should comply with legal regulations.
Business impactJapanese companies need to reassess the cost-effectiveness of training and inspections when dealing with public projects and related enterprises in Vietnam. It is particularly important to clarify how overseas training contributes to actual business operations.

Key pointsVietnam's economic relationship with the United States is expanding from traditional trade to areas such as high technology, digital economy, semiconductors, and artificial intelligence. In the first seven months of 2026, exports from the U.S. to Vietnam reached approximately $10.8 billion, while imports from Vietnam to the U.S. totaled about $149.6 billion, indicating continued growth in trade between the two countries. Due to changes in U.S. trade policy, Vietnamese companies need to adapt quickly and enhance their value-added offerings, especially as demand for Vietnamese products in the U.S. market is increasing.
Business impactJapanese companies need to enhance their competitiveness in the Vietnamese market to strengthen trade relations with the U.S. This includes reinforcing collaboration with U.S. companies to facilitate technology transfer and improve production capacity.

Key pointsVingroup and VinFast will hold a meeting on October 16 to increase domestic suppliers and improve product localization rates. Participating companies will have the opportunity to join Vingroup's global supply chain. The meeting will explore cooperation in manufacturing, machinery, and software, aiming to build a supply network for advanced technology industries. VinFast is seeking partners to enhance localization rates in domestic automobile and electric bike manufacturing.
Business impactThis meeting offers Japanese companies opportunities for manufacturing expansion and localization in the Vietnamese market. In particular, companies with automotive parts and related technologies can discover new business opportunities through collaboration with Vingroup.

Key pointsVietnam's industrial real estate market is experiencing increased FDI inflows due to transparent policies, institutional reforms, and investment incentives. Improvements in transportation infrastructure are also enhancing operational efficiency for businesses. The supply of industrial real estate in the northern region is increasing across all segments.
Business impactJapanese companies need to leverage FDI inflows and consider investment opportunities in industrial real estate. It is particularly important to take into account the impact of infrastructure improvements on business competitiveness.