Continuation of Tax Support to Alleviate Year-End Gasoline Price Pressure

Key pointsIn Vietnam, fuel prices remain unstable, prompting calls for an extension of the tax support policy set to end in September. The government proposes extending it until the end of 2026 to alleviate cost pressures and support manufacturing and businesses. The tax authority plans to swiftly implement tax incentives for gasoline, which is expected to reduce the tax burden on transport operators.
Business impactJapanese companies need to reconsider their logistics and production plans in light of fluctuating fuel costs. It is particularly important to assess the impact of the tax support extension on business operations.

Key pointsOn July 28, 2026, the 14th meeting of the Central Committee of the Communist Party of Vietnam adopted a resolution aimed at developing Vietnam as a maritime nation. This resolution positions the development of the marine economy as a strategic driver of economic growth. Quang Ninh Province is advancing development by leveraging its maritime advantages.
Business impactJapanese companies should pay attention to the growth of Vietnam's marine economy and seek related business opportunities. Participation in projects related to the utilization of marine resources and sustainable development is particularly anticipated.

Key pointsAuthorities in Lam Dong Province are enhancing monitoring to prevent illegal fishing (IUU) and plan to impose strict penalties on violators. Specifically, 954 fishing vessels have been reported as non-compliant, with 12 vessels losing connection to the VMS (Vessel Monitoring System). This is part of efforts to ensure the sustainability of fisheries.
Business impactJapanese companies need to deepen their understanding of Vietnam's fishing regulations and strengthen compliance systems to avoid IUU violations. Particularly, businesses involved in fisheries are required to ensure legal compliance and obtain the necessary permits.