Vietstar Airlines Receives 20th Aircraft, Boosting Vietnam's Tourism Investment

Key pointsVingroup plans to hold a meeting on October 16, 2026, to increase the ratio of domestic procurement. This is a significant move directly linked to strengthening Vietnam's supporting industries and its localization strategy, with a focus on discovering domestic suppliers and increasing the localization rate of components. Specific localization rate targets have not yet been disclosed.
Business impactThis initiative may present business opportunities for Japanese companies entering the Vietnamese market. In particular, Japanese suppliers aiming to collaborate with Vingroup are expected to contribute to strengthening the domestic supply chain.

Key pointsAs of mid-September 2026, there were 4,685 registered stalled projects nationwide, with 3,407 (72.7%) resolved. In Ho Chi Minh City, 650 projects have overcome legal obstacles and are showing progress. This is expected to positively impact the city's real estate market, with 37 real estate projects meeting funding conditions and an anticipated supply of 27,374 housing units. This is expected to facilitate resource mobilization towards achieving GDP growth targets.
Business impactFor Japanese companies, the resolution of projects in Ho Chi Minh City signifies revitalization of the real estate market, leading to increased investment opportunities. Particularly, real estate-related sectors need to closely monitor future market trends and develop appropriate strategies.

Key pointsDeputy Prime Minister Ho Quoc Dung has outlined a plan to develop Vietnam's port system into a modern and environmentally friendly logistics ecosystem, with a focus on major ports such as Lach Huyen in the north and Cat Lai in the south. The logistics industry has been growing at an average rate of 14-15% per year, accounting for about 10% of GDP, but faces challenges such as high logistics costs and transportation constraints. Infrastructure development and legal system improvements are needed to address these issues.
Business impactJapanese companies should pay attention to the development of Vietnam's logistics infrastructure and identify future investment opportunities, particularly in environmentally friendly logistics strategies.

Key pointsIn Ho Chi Minh City, exports increased by 7.82% over eight months in 2026, but logistics costs and international standards are putting additional pressure on businesses. According to the city's Department of Industry and Trade, the total import-export value reached $138 billion, marking a 9.9% increase year-on-year. However, high logistics costs and new regulations are noted to be diminishing the competitiveness of companies, particularly small and medium-sized enterprises that struggle to adapt due to limited resources.
Business impactJapanese companies need to pay attention to changes in logistics costs and regulations in Ho Chi Minh City and reassess their strategies for cost reduction and efficiency, with a particular emphasis on optimizing supply chains.

Key pointsVingroup will hold a meeting on October 16 in Hanoi to seek domestic partners and increase the local production ratio. In particular, VinFast needs to expand its network of domestic suppliers for automobile and motorcycle production.
Business impactJapanese companies should explore manufacturing and parts supply opportunities through collaboration with Vingroup, particularly focusing on meeting quality standards.

Key pointsOn September 21, Vietstar Airlines welcomed its 20th Airbus A321LR aircraft at Noi Bai International Airport, bringing its fleet size to 20. This move reflects the growing demand for tourism in Vietnam and symbolizes the growth of the tourism sector. Phu Quoc Island is advancing as an international resort destination, and enhanced air access will support regional economic growth.
Business impactFor Japanese companies, the expansion of tourism infrastructure on Phu Quoc Island presents new entry opportunities in hotel operations, food services, and duty-free businesses. The increase in tourism demand is expected to positively impact the supply chain, necessitating related sectors to monitor future developments.

Key pointsHo Chi Minh City Mayor Nguyen Van Duc has instructed to expedite the implementation of urban development laws. The development of underground spaces has been a challenge for over 20 years and includes the establishment of underground parking. The city plans to develop multifunctional underground spaces in conjunction with the subway.
Business impactThis initiative provides Japanese companies with opportunities in urban development and infrastructure investment, particularly in the construction and real estate sectors.