Dong Nai Province Prevents Land Speculation in Riverfront Urban Redevelopment

Key pointsDong Nai Province has decided to develop Nguyen Huu Canh Avenue, a key infrastructure project, to advance urban redevelopment along the Dong Nai River. This initiative is based on the province's development plan until 2035, with a vision extending to 2065. Specific measures are required to prevent land speculation.
Business impactThis urban redevelopment plan may provide new business opportunities for Japanese companies. In particular, firms in real estate and infrastructure sectors could benefit by participating in the project.

Key pointsOn September 4, 2026, a memorandum of understanding was signed in Ho Chi Minh City between the Young Entrepreneurs Association of Vietnam and Australian business organizations to expand cooperation. This agreement is expected to enhance market, product, and service expansion in both countries, increasing future collaboration opportunities. Australian companies aim to directly experience Vietnam's business environment and deepen economic exchanges.
Business impactThis cooperation may provide new business opportunities for Japanese companies. Firms considering access to the Australian market should strengthen partnerships with local entities.

Key pointsLe Tai Sam, the former chairman of Bamboo Airways, is banned from leaving the country due to the company's unpaid taxes amounting to 4.406 trillion VND, effective from September 3, 2026. As the 'de facto owner' of Bamboo Airways, he has been notified by tax authorities and is required to pay the outstanding taxes to lift the exit ban.
Business impactJapanese companies need to reaffirm the importance of tax compliance when engaging in transactions or partnerships with Bamboo Airways. It is particularly crucial to consider the tax status of executives and directors and its impact on the company.

Key pointsHo Chi Minh City announced a growth target of 11.07% for the third quarter of 2026. To achieve this, there is a need to promote investment and revitalize economic activities. The city's budget reached 624.76 trillion VND in eight months, a 19.2% increase year-on-year. The city also aims for 1,200 trillion VND in investments and plans to raise foreign direct investment (FDI) to over 11 billion USD, emphasizing the importance of infrastructure development and regulatory easing to support economic growth.
Business impactJapanese companies need to reassess their investment strategies and market entry plans in line with Ho Chi Minh City's growth targets. It is particularly important to consider participation in infrastructure-related projects and public works.

Key pointsThe State Bank of Vietnam has proposed raising the credit allocation limit to 38% for significant projects in the metropolitan area. This new regulation aims to facilitate funding for large-scale projects. Additionally, credit allocation for specific clients is expected to reach up to 52%.
Business impactThis proposal will directly impact the funding strategies of Japanese companies promoting projects in Vietnam. Companies planning large investments should leverage this new credit allocation framework.

Key pointsThe State Bank of Vietnam has proposed raising the loan limit that banks can offer to customers for significant large-scale projects in Hanoi to 52%, up from the current 21%. This substantial increase aims to facilitate the funding necessary for project implementation, with new regulations applying to projects meeting specific conditions and a streamlined review process in place.
Business impactThis change may expand investment opportunities for Japanese companies in large-scale projects in Hanoi. In particular, the increased flexibility in financing is expected to accelerate project execution.

Key pointsThe Vietnam Stock Exchange has implemented a new regulation to monitor stocks newly included or excluded from the FTSE Russell index. This system aims to prevent abnormal stock price fluctuations and excessive trading during index changes. The specific number of monitored stocks and the start date have not been announced, but an increase in market transparency is anticipated.
Business impactFor Japanese companies, this monitoring system may enhance market transparency and improve the fundraising environment. In particular, the establishment of regulations in anticipation of an FTSE upgrade could increase trust in the Vietnamese market.

Key pointsOn September 4, 2026, HURC1 announced the hiring of 168 personnel for the LRT railway project in Phú Quốc, which is invested by Sun Group. The project requires 130 operational and maintenance staff and 38 specialists. Applicants must be under 35 years old, have at least a high school diploma, and proficiency in English or Chinese is preferred. The LRT is considered a key transportation infrastructure project for APEC 2027.
Business impactThis project presents new business opportunities for Japanese companies, particularly those providing railway-related technologies and services, who should pay attention to the hiring activities and consider potential partnerships.