Direct Flight from Mumbai to Hanoi Creates New Cooperation Opportunities between Vietnam and India

Key pointsThe Ninh Thuan 1 project, Vietnam's first nuclear power plant, presents a significant opportunity to ensure national energy security and achieve emission reduction targets. However, there are many technical and legal challenges, and EVN is advancing comprehensive preparations. In particular, the establishment of a legal framework, funding models, and the development of specialized human resources are required.
Business impactJapanese companies need to pay attention to nuclear-related regulations and human resource development, and consider participation opportunities in the project.

Key pointsAkasa Air, an Indian airline, has launched a direct flight between Mumbai and Hanoi, operating four times a week. This service is expected to strengthen connections between the two cities and promote tourism, trade, investment, and economic cooperation. Hanoi serves as a significant political, economic, and cultural hub for India, contributing to the strengthening of bilateral relations.
Business impactJapanese companies will benefit from easier access to the Indian market, leading to increased trade and investment opportunities, particularly in logistics and tourism sectors.

Key pointsVietnamese government bonds have shown relatively stable movements amid global selling pressure. Notably, the yields on 2-year and 10-year government bonds have decreased to 3.87% and 4.43%, respectively. This contrasts with the yields on government bonds in Japan and Western countries, which have reached their highest levels in decades. Specifically, Japan's 10-year government bond yield has hit 3%, the highest since 1996. The yields on Vietnamese government bonds remain lower than historical levels, reflecting a stable fiscal situation.
Business impactFor Japanese companies, the stability of the Vietnamese government bond market is a crucial factor in financing and investment strategies. Companies considering long-term investments need to closely monitor the trends in Vietnamese government bond yields and manage risks accordingly.

Key pointsIn the first eight months of 2026, 156,478 new companies obtained tax numbers, while 23,000 companies applied for dissolution. The number of new establishments reached 6.8 times that of dissolutions, indicating economic growth. Tax authorities are optimistic about the increase in company formations and expect a revitalization of economic activities.
Business impactThe rise in new companies signifies expanded market opportunities for Japanese firms. In particular, tax and legal departments need to pay attention to transactions and regulatory compliance with newly established companies.

Key pointsAt the 'International Product Supply Chain Connection 2026' event held in Vietnam, many international buyers from countries such as the United States, Japan, China, and India expressed surprise and interest in Vietnamese specialty products, particularly nuts, coffee, and frozen bread. Notably, producers of nuts and coffee engaged with hundreds of international buyers and received positive feedback. The American retailer 'Target' has made its first procurement in Vietnam, raising expectations for further export contracts.
Business impactFor Japanese companies, as the international recognition of Vietnamese specialty products increases, it is crucial to strengthen collaboration with local suppliers and explore new export opportunities. In particular, the food industry will require improvements in quality standards, necessitating strategic efforts to enhance product competitiveness.

Key pointsThe National Competitiveness Council has warned that products recalled abroad may affect Vietnamese consumers, including automobiles, cosmetics, and toys. Notably, Nature’s Own products and Allen's candies recalled in Australia have been highlighted, raising concerns about health and safety risks.
Business impactJapanese companies should monitor this trend and assess its impact on related transactions, contracts, and local practices.

Key pointsThere is a problem where many companies have been inactive for a long time but cannot close their tax numbers. The tax authority is reviewing policies to organize the tax obligations of inactive companies, having organized 72,000 tax numbers by the end of August 2026. The tax authority aims to simplify procedures and secure necessary resources.
Business impactJapanese companies should monitor this trend and assess its impact on related transactions, contracts, and local practices.