EVN Reports 9.3% Increase in Power Production Over 8 Months

Key pointsVietnam Electricity (EVN) achieved a power production and import total of 235.82 billion kWh over eight months in 2026, marking a 9.3% increase compared to the same period last year. EVN is implementing measures to ensure stable power supply.
Business impactStable power supply is crucial for the manufacturing and service sectors. Japanese companies need to reconsider their business plans in light of power supply stability.

Key pointsOn September 14, 2026, Kim Liên Market in Hanoi was closed due to fire safety issues. Merchants are anxious as no temporary market has been established and there is no clear timeline for reopening. Local authorities have been asked to resolve the issues within 135 days, but specific actions remain unclear.
Business impactThe closure of this market poses a significant problem for local merchants who lose their source of income. Japanese companies need to pay attention to changes in the local commercial environment and reassess supply chains and sales strategies that may be affected.

Key pointsVietnam's oil and petroleum product imports are projected to reach $14.54 billion over eight months in 2026, nearly matching the annual import figure for 2025. This is influenced by global oil supply disruptions and soaring prices.
Business impactThis situation may compel Japanese companies engaged in the oil sector to reassess their cost management and pricing strategies. Companies with high import dependence particularly need to consider supply chain risks.

Key pointsOn September 15, 2026, Deputy Secretary Le Quang Goi of Ca Mau Province announced a proposal to the Ministry of Industry and Trade to include the Ca Mau Oil Refinery Complex in the National Energy Plan 2021-2030. This project aims to promote the potential of wind power generation in Ca Mau Province and has a vision extending to 2050. Additionally, it opens up opportunities for clean energy investments in the coastal areas of Ca Mau Province.
Business impactThis proposal presents investment opportunities related to energy and could represent new business chances for Japanese companies. Companies considering investments in the renewable energy sector should take note.

Key pointsThe representative of VCCI pointed out that 62% of tax revenue in 2025 will come from the top 20 companies, indicating a concentration of large enterprises in Vietnam. This situation may pose risks to economic stability.
Business impactJapanese companies need to recognize the risks associated with tax revenue concentration and consider strategies to contribute to economic diversification.

Key pointsExecutives in the US oil industry have warned of the onset of a fuel crisis, with escalating tensions in the Middle East potentially driving up crude oil prices. This may lead to increased import costs for Vietnam and affect investment decisions.
Business impactRising crude oil prices will directly impact the cost structure for Japanese companies operating in Vietnam. Particularly, the manufacturing and logistics sectors need to be cautious as increased fuel costs could affect profit margins.