Collaboration to Address Challenges for Supporting Industry Companies

Key pointsOn August 25, 2026, the Hanoi Supporting Industry Enterprises Association (HANSIBA) signed a memorandum of cooperation with the Hanoi Administrative Service Center and Employment Service Center. This program aims to promote the development of the supporting industry.
Business impactJapanese companies can strengthen collaboration with local businesses and enhance their competitiveness by participating in initiatives aimed at the development of the supporting industry.

Key pointsVietnam and Australia have entered a new phase of cooperation in areas such as trade, investment, innovation, digitalization, energy, advanced agriculture, and sustainable development. At the Vietnam-Australia Business Forum held on August 24, 2026, companies from both countries engaged in direct dialogue to explore new business opportunities, particularly in sectors expected to grow, such as technological innovation, clean energy, and agriculture. This is expected to increase opportunities for Vietnamese companies to understand the business environment and production capacity in the Australian market and build partnerships.
Business impactFor Japanese companies, collaboration with Australia offers opportunities for market expansion and technology introduction. In particular, cooperation in the energy and agriculture sectors may contribute to the establishment of sustainable business models. Relevant sectors should monitor trends in the Australian market and consider strategic partnerships.

Key pointsOn August 25, 2026, the National Agricultural Extension Center conducted training on safe production of passion fruit in Da Lat City, Lam Dong Province. The training aimed to teach production methods adapted to climate change and was attended by agricultural extension staff. It covered the entire process from production to harvesting, processing, and sales of passion fruit.
Business impactJapanese companies should monitor this trend and assess its impact on related transactions, contracts, and local operations.

Key pointsOn August 25, 2026, the Vietnam Air Traffic Management Corporation (VATM), Vietnam Airlines, and the Airports Corporation of Vietnam (ACV) collaborated to conduct training simulating UAV intrusions at Noi Bai International Airport. This training was aimed at ensuring aviation safety in the northern FIR (Flight Information Region), which was affected by Typhoon No. 4 (NARRA), disrupting over 20 flights.
Business impactJapanese companies should monitor this trend and assess its impact on related transactions, contracts, and local operations.

Key pointsOn August 25, 2026, BIDV Securities Corporation (BSC) signed a contract with Amova Asset Management, a member of the Mitsui Sumitomo Trust Group, to establish a jointly funded asset management company. Amova manages assets worth 271.5 trillion yen and has a network spanning over 10 countries. This partnership aims to penetrate the Vietnamese market alongside BIDV.
Business impactJapanese companies can expect increased efficiency in fund management due to a wider range of asset management options. In particular, the investment sector should closely monitor the developments of this new asset management company and consider appropriate investment strategies.

Key pointsThua Thien Hue Electricity Company has activated three transformers to supply power to 116 households in preparation for Independence Day (September 2). This project is part of the 'Bun San Dien Bien' program and has been safely operated after technical inspections.
Business impactJapanese companies need to strengthen collaboration with electricity providers to ensure stability in local power supply, especially in anticipation of increased demand during holidays and events.

Key pointsStarting September 1, 2026, Quang Ninh Province aims to establish its status as a city and create new growth drivers. This decision is based on a resolution from the National Assembly, emphasizing the need to build a foundation for sustainable development. Quang Ninh City plans to participate in the 2026 'Moving Forward with Vietnam' program and spread regional models.
Business impactThe advancement of urbanization presents new business opportunities for Japanese companies, particularly in infrastructure investment and the expansion of the service sector.