Construction Continues During National Holidays for APEC 2027

Key pointsProjects for APEC 2027 are ongoing across Vietnam even during national holidays. Notably, on Phu Quoc Island, approximately 15,500 workers are continuing construction, with significant building activities taking place. In Hanoi, work on the Tran Hung Dao Bridge is progressing, with the first steel installation completed. These constructions are part of essential infrastructure development for the APEC event.
Business impactFor Japanese companies, the progress of these constructions may impact investment plans and project schedules. Companies involved in the construction sector need to focus on securing labor and adhering to deadlines.

Key pointsVietnam is rapidly growing as a fruit supplier to China, currently holding a market share of approximately 15.8%, closely following Chile. In the first half of this year, China imported about $2.16 billion worth of fruits from Vietnam, marking a 19.3% increase compared to the same period last year. Notably, durian exports have been strong, reaching around $988 million, accounting for half of the total export value. Geographical advantages contribute to low transportation costs and ease of quality preservation. Future demands will focus on quality management and diverse product offerings.
Business impactJapanese companies need to strengthen collaboration with local farmers and cooperatives in response to the growth of Vietnam's fruit exports, establishing a stable supply system. Additionally, it is crucial to ensure thorough quality management in preparation for stricter regulations in the Chinese market.

Key pointsVietnam's first $3 trillion oil refinery, the Dung Quoc Refinery, received 1.25 million barrels of crude oil during the National Day celebrations. This refinery accounts for about 30% of the country's oil demand and has ensured stable supply through this crude oil intake.
Business impactThe stable operation of this refinery indicates energy supply reliability for Japanese companies, making it a crucial factor for future business developments.

Key pointsIn 2025, China plans to invest $20.26 billion in seafood imports, with Vietnam emerging as the largest supplier of lobsters and a major supplier of catfish. This is expected to lead to further growth in Vietnam's seafood industry. The increasing demand in the Chinese market presents a significant opportunity for Vietnamese seafood exports.
Business impactJapanese companies need to reassess their export strategies in light of the strengthened supply of Vietnamese seafood, particularly focusing on quality control and supply chain optimization.

Key pointsSamsung's four factories in Vietnam reported a profit of $2.31 billion in the first half of 2026, marking a 23.5% increase. Total sales reached approximately $35.2 billion, a 21% increase year-on-year. Notably, the Samsung Thai Nguyen factory accounted for about 46% of the total profit, driven by strong demand for new products, particularly the Galaxy Fold 8.
Business impactJapanese companies should reassess their electronics-related supply chains and partnerships in light of Samsung's growth, with a particular focus on ensuring the stability of component supplies.

Key pointsLeaders of Bac Thang Province expect Bayer, a German company, to explore cooperation opportunities in modern agriculture and healthcare in Vietnam, particularly in Bac Thang Province. The establishment of direct flights between Vietnam and Germany and the proposal to make labor cooperation a key pillar of the strategic partnership have also been suggested. Bayer is expanding its activities in Vietnam in agricultural technology and health management.
Business impactJapanese companies may leverage collaboration with Bayer to capitalize on opportunities for technological innovation and talent development in agriculture and healthcare. Particularly in agricultural projects, utilizing Bayer's expertise is expected to enhance competitiveness.