Xuân Cầu Holdings Plans 24.8 Trillion VND Port Project in Hai Phong

Key pointsA subsidiary of Xuân Cầu Holdings is planning a port project in the Lạch Huyện area of Hai Phong, with an investment of 24.8 trillion VND. The project will cover 146 hectares of water surface and have the capacity to accommodate container ships of 12,000-18,000 TEU. It has received investment approval from the government in July 2025 and is scheduled to commence construction within 2026. The project will be executed in two phases, with the construction of container terminals 9 and 10 planned by 2030, and terminals 11 and 12 to be added between 2031 and 2035.
Business impactThis project may provide Japanese companies with opportunities for logistics efficiency and new business ventures. Companies offering port-related services and products will need to prepare for the anticipated increase in demand.

Key pointsThe prices of construction steel in Vietnam have increased by 8-10% year-on-year, while cement prices have risen by 3-4%. Despite strong construction demand, rising raw material costs are squeezing profit margins for contractors. The construction sector faces diverse demands, including housing and infrastructure development, but the cost increases make it difficult to pass on these costs to selling prices. As a result, the profitability of the construction industry becomes a crucial indicator for investment decisions.
Business impactFor Japanese companies, the rise in local procurement costs directly affects project profitability, making it essential to monitor price trends for steel and cement. Additionally, careful analysis is required for investment decisions related to construction-related stocks.

Key pointsIn FLC's large-scale urban development project, local authorities are seeking solutions to financial, land, and infrastructure issues. On September 15, FLC reported delays in fulfilling financial obligations and completing procedures. Local governments are urging FLC to meet conditions for issuing land use rights certificates to over 1,000 investors.
Business impactThe progress of this project indicates potential risks for real estate investments by Japanese companies. In particular, firms associated with FLC are advised to closely monitor developments and take necessary measures.

Key pointsOn September 16, 2023, Vingroup held a groundbreaking ceremony for the new urban development project 'Vinhomes King Park' in Bac Ninh Province. The project spans approximately 270 hectares and is planned with a construction density of less than 20%, connecting to nearby administrative, industrial, and commercial areas. It will include residential, commercial facilities, and public spaces, with expectations to enhance local infrastructure.
Business impactThis project presents new business opportunities for Japanese companies, particularly in the real estate and construction sectors, potentially creating new investment prospects.

Key pointsOn September 14, 2023, police in Bac Ninh Province issued an arrest warrant for Bùi Bá Hiến, the CEO of Box Việt Nam, on charges of copyright infringement. Bùi Bá Hiến is being pursued under Article 225, Clause 2 of the Copyright Law. Box Việt Nam is known for providing services related to gaming and e-sports, particularly holding broadcasting rights for 'League of Legends'.
Business impactThis incident highlights legal risks related to copyright, emphasizing the need for Japanese companies to ensure compliance with regulations regarding content use in Vietnam.

Key pointsOn September 15, 2026, in Vienna, Vietnam's Deputy Minister of Finance, Nguyen Duc Chi, met with the new CEO of the Austrian Financial Market Authority (FMA), Mariana Künel, to exchange experiences on financial market management and oversight. The two countries also discussed future cooperation directions.
Business impactThis strengthened cooperation may contribute to improving the transparency of Vietnam's financial market and regulatory framework, which is expected to enhance the investment environment for Japanese companies.

Key pointsThe tax authorities in Ho Chi Minh City have set the personal income tax rate for affiliate activities on the TikTok platform at 2%, requiring the issuance of electronic invoices upon service completion or receipt of payment. Additionally, a 5% tax rate applies to advertising income from live streaming on TikTok. These guidelines are based on the personal income tax law of 2025 and related decrees of 2026.
Business impactJapanese companies need to understand the new invoicing process and apply the appropriate tax rates to ensure tax compliance when considering marketing strategies using TikTok.