Nguyen Van Hung of CNCTech Named Outstanding Vietnamese Entrepreneur 2026

Key pointsNguyen Van Hung of CNCTech has been selected as the 'Outstanding Vietnamese Entrepreneur - Sun Kyung Cup' for 2026. He embodies entrepreneurship in the technology sector and is dedicated to integrating Vietnamese companies into the global supply chain.
Business impactThis award highlights the importance of entrepreneurship in Vietnam, suggesting that collaboration with local talent can lead to business success for Japanese companies.

Key pointsVietnam's waste management company VWS has announced plans to invest over $500 million in technological transformation at the Da Phuc waste treatment facility, in line with Ho Chi Minh City's policies. This facility processes approximately 5,000 tons of waste daily and adopts a circular economy model. The new project will introduce technology to convert waste into energy.
Business impactThis project contributes to environmental protection and sustainable development, presenting opportunities for Japanese companies to engage in environmental-related businesses, particularly in providing technology for waste management and recycling.

Key pointsNew regulations on food additives have been introduced in California, Texas, and Louisiana, imposing new requirements on exporting companies. Processed seafood products may be significantly affected, necessitating a review of product ingredients and recipes. A law banning certain additives will take effect in California on January 1, 2027, with fines for violations. Texas is advancing a bill requiring warning labels for specific ingredients, while Louisiana mandates the disclosure of ingredient information via QR codes. Companies will need to develop strategies to comply with varying regulations across markets.
Business impactVietnamese seafood companies, particularly those dealing with processed products, must reassess their product ingredients and manufacturing processes to adapt to US market regulations. Products with high levels of additives are likely to require adjustments, necessitating prompt action.

Key pointsVietcombank is offering international QR payment services, allowing overseas travelers to use their home payment methods. They are particularly enhancing QR payment infrastructure for tourists from China to facilitate smooth transactions in Vietnam. By 2026, the use of QR payments is expected to surge, significantly increasing transaction volumes.
Business impactThis initiative is crucial for Japanese companies, especially in the tourism and retail sectors, as the adoption of QR payments can enhance customer convenience and potentially boost sales.

Key pointsC.P. Vietnam has placed 'Sustainovation,' a combination of sustainability and innovation, at the core of its strategy, working to balance efficient operations with environmental protection. Specifically, it is implementing technological innovations throughout the entire process from agriculture to food processing, aiming for efficient resource use and environmental conservation. Notably, production management utilizing AI and IoT is being advanced.
Business impactThis initiative may contribute to the establishment of sustainable business models for Japanese companies. As environmental regulations strengthen, C.P. Vietnam's case serves as a good model highlighting the importance of sustainable development.

Key pointsEVNHCMC, the power company in Ho Chi Minh City, emphasizes its efforts over the past 50 years to improve power supply reliability and promote digitalization. It is advancing the construction of smart grids and the introduction of automation technologies to meet new demands for power supply in megacities after 2025. This enhances the reliability of power supply and improves the quality of customer service.
Business impactThis initiative signifies improved stability in power supply for Japanese companies, which is crucial for ensuring business continuity. As digitalization progresses, efficient energy management will be increasingly required.