International Capital Flows into Vietnam, Boosting Asset Demand

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

Key pointsベトナムの企業、特にテクノロジー関連企業が配当を増加させる動きが見られる。これは、米国市場の動向や投資家の期待に応えるための戦略とされている。特に、テクノロジー企業は成長が期待されており、配当の増加が株価にプラスの影響を与える可能性がある。
Business impact日本企業は、ベトナム市場での配当政策に注目し、特にテクノロジー企業の動向を把握することが重要である。配当の増加は、投資家の信頼を高める要因となるため、戦略的な投資判断に影響を与える。

Key pointsCapital is moving within the Asia-Pacific region, creating new demand in Vietnam's real estate market, particularly in manufacturing, logistics, technology, and infrastructure. By the first half of 2026, FDI is expected to reach approximately $34.65 billion, a 61% increase compared to the same period last year. Manufacturing and logistics are the main drivers of real estate demand.
Business impactThis trend presents new investment opportunities for Japanese companies, emphasizing the importance of focusing on manufacturing and logistics-related projects. Rapidly responding to market changes can enhance competitiveness.

Key pointsBlue Moon Metals is gaining attention in the U.S. tungsten supply chain. The Springer Complex has mining and infrastructure but requires an investment of approximately $150 million and several years for reopening. Meanwhile, Masan High-Tech Materials has established a complete tungsten resource processing chain in Vietnam.
Business impactThis case highlights the importance of investment in the tungsten supply chain. Japanese companies need to focus not only on securing resources but also on enhancing processing capabilities.

Key pointsU.S. semiconductor giant AMD has reached a market capitalization of $1 trillion (approximately 155 trillion yen), driven by rising demand for AI-related semiconductors. This development is drawing attention to how it will affect Vietnam's semiconductor industry and investments. Vietnam aims to attract foreign semiconductor companies and enhance its manufacturing capabilities. The future trends in the semiconductor supply chain will significantly impact the Vietnamese economy.
Business impactJapanese companies need to seize investment opportunities in Vietnam's semiconductor-related industries. Particularly, electronics and IT-related firms are likely to benefit from the ripple effects of AMD's growth, making it crucial to monitor future developments.

Key pointsVietnam's President Vo Lam has requested the U.S. Trade and Development Agency (USTDA) to assist in preparing investments for projects related to energy, power grids, data centers, and logistics. Vietnam is entering a new phase of development with increasing demand for strategic infrastructure. USTDA is expected to play a role in leveraging U.S. technology and management experience to support project preparation.
Business impactJapanese companies may have increased opportunities to participate in Vietnam's infrastructure projects through collaboration with the U.S., particularly in the energy and digital infrastructure sectors.

Key pointsThe Nasdaq index has reached a record high in the US stock market, and the decline in US Treasury yields is increasing expectations for capital inflows into emerging markets. This is expected to have a positive impact on Vietnam's economy, particularly regarding the movements of foreign investors. A sharp drop in oil prices may also contribute to inflation control.
Business impactFor Japanese companies, the decrease in US interest rates may lead to reduced financing costs, potentially affecting investments in supply chain expansion. The financial and real estate sectors are particularly sensitive to trends in the US market, necessitating caution.

Key pointsBy mid-September 2026, Vietnam recorded a trade deficit of $23.5 billion, a significant shift from the trade surplus of the previous year. The main imports are machinery and parts for production, and experts indicate that this increase in trade deficit puts pressure on exchange rates, interest rates, and the quality of growth. Notably, FDI companies maintain a surplus of about $8.7 billion, while domestic companies face a deficit of $32.2 billion, revealing a change in the structure of the trade balance.
Business impactThe expansion of the trade deficit is likely to affect exchange rates and interest rates, with an increased risk of rising funding costs as the year-end approaches. Japanese companies need to reassess their funding plans and exchange rate risk management.