VIFC-HCMC's Strategic Outlook: Infrastructure Financing and Product Diversification

Key pointsOn September 17, 2026, Nguyen Phu Hoang, Deputy Director of VIFC-HCMC, announced the future strategic direction, which includes global standard talent development, issuance of municipal bonds for infrastructure development, and a focus on four main financial product groups. Efforts to address challenges faced by the business community were also emphasized.
Business impactJapanese companies are expected to leverage new financial products and infrastructure investment opportunities from VIFC to accelerate their business development locally, particularly by exploring new collaboration possibilities in financing and talent development.

Key pointsThe Vietnam International Financial Center (VIFC) aims to secure $1.5 billion in funding over the next decade to support infrastructure development, industrial modernization, energy transition, and economic expansion. Legal frameworks will be established from 2023 to 2024, with institutional structures being developed by 2025. VIFC will operate in Ho Chi Minh City and Da Nang, linking international funds to domestic projects.
Business impactJapanese companies can explore new funding opportunities through VIFC, particularly in infrastructure-related projects, leveraging international capital.

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

Key pointsベトナムのLPBankは、2026年の納税額でトップ6の民間銀行に選ばれました。この表彰は、同銀行の税金に対する貢献を評価するものです。
Business impact日本企業は、LPBankのような地元銀行との連携を強化し、金融サービスの利用を促進することが求められます。

Key pointsThe US Federal Reserve's interest rate hike may increase foreign currency demand in Vietnam, potentially putting pressure on exchange rates and liquidity. However, the Vietnamese government and central bank believe they can manage these impacts effectively due to the strong economic foundation and flexible policy management. The Fed raised rates by 0.25 points and hinted at further tightening.
Business impactJapanese companies need to reassess their financial strategies in light of rising exchange rate risks and funding costs, especially those involved in import-export activities, focusing on securing foreign currency liquidity.

Key pointsTraffic congestion has resurfaced in Ho Chi Minh City, particularly affecting students as the new school term begins. Notable traffic jams are occurring on major routes and around schools, with increased paralysis during rainy weather. City authorities have identified 28 congestion points and are planning solutions.
Business impactThis is likely to impact logistics and commuting for Japanese companies, necessitating adjustments to commuting times and delivery schedules. Business operations are expected to be affected until congestion relief measures are implemented.

Key pointsThe State Bank of Vietnam has announced guidelines for credit growth in 2026, deciding to revise the calculation method for credit balances in certain areas of the real estate sector. This change aims to ensure the safety and transparency of the banking system and operate based on market principles. Notably, there is a call for capital enhancement at Agribank, aiming to improve financial capacity in line with international standards.
Business impactThis policy change may directly affect the lending plans and real estate investment strategies of Japanese companies. Stricter lending conditions are anticipated, necessitating a review of funding strategies.

Key pointsVietnam's Eximbank has been awarded the 'Best Trade Finance Transaction' by the Asian Development Bank (ADB) for its support of a trade finance deal aimed at small and medium-sized enterprises (SMEs). This transaction assists a Vietnamese wood pellet manufacturing and exporting company in accessing international trade financing, as part of ADB's trade finance program. Eximbank acted as the issuing bank, with J.P. Morgan as the confirming bank, and ADB provided guarantees. Eximbank aims to strengthen collaboration with international financial institutions to enhance access for companies to international markets.
Business impactThis award enhances the credibility of Eximbank's trade finance services and serves as a crucial factor in supporting SMEs' entry into international markets. Japanese companies may find it valuable to strengthen partnerships with Vietnamese SMEs and consider utilizing trade finance.