Progress in Standardizing Electric Vehicle Charging Infrastructure

Key pointsThe Ministry of Industry in Vietnam has announced the national technical standard QCVN 32:2026/BCT for electric vehicle charging infrastructure. This standard aims to unify safety and technical connections, promoting the transition to electric vehicles. It is expected to enhance public trust and accelerate the shift towards environmentally friendly transportation.
Business impactThe implementation of this standard presents new opportunities for businesses related to electric vehicles. Japanese companies may establish a competitive advantage by engaging in the development of charging infrastructure.

Key pointsVietnam's tax authorities are considering measures to address the misuse of company names following reports from approximately 4,000 citizens. Many cases involve individuals being registered as legal representatives of unknown companies, leading to unpaid taxes. The tax authorities aim to establish a 'green route' mechanism for swift processing to assist victims in responding appropriately.
Business impactThis issue may also impact Japanese companies. Businesses need to verify the registration status of their legal representatives and implement measures to mitigate risks.

Key pointsVietnamese airline Vietjet has been awarded by the international aviation research organization CAPA as Asia's 'Low-Cost/Hybrid Airline.' This award recognizes Vietjet's innovative business model and growth. Vietjet aims to provide customers with diverse options and enhance international connectivity, focusing particularly on operational efficiency and cost management to improve customer experience.
Business impactThis recognition will enhance Vietjet's brand value and strengthen its competitiveness in the international market. Japanese companies should seek new business opportunities through partnerships and joint projects with Vietjet.

Key pointsVietnam's electric vehicle market is projected to grow by 31.1% in the first half of 2026, reaching sales of 175,000 units in the ASEAN-6 region. This growth indicates Vietnam's establishment as a hub for the automotive industry in the ASEAN region, with the Vietnamese market accounting for approximately 40% of the total, potentially transforming the structure of the Southeast Asian automotive industry.
Business impactThis growth presents new business opportunities for Japanese companies, particularly for those providing automotive parts and related services, making it worthwhile to consider entering the Vietnamese market.

Key pointsKSB has obtained permission from the Ho Chi Minh City People's Committee to change the land use of 2 hectares for the Thien My quarry project, aimed at extracting construction materials. The change in land use is expected to contribute to regional infrastructure development and economic growth.
Business impactThis project offers Japanese companies opportunities for supplying construction materials and entering related businesses. It is crucial to monitor trends in the quarrying industry to identify business opportunities.

Key pointsGeneral Company 36 has received approval from the Hanoi People's Committee to change the land use of 9,825.7 square meters at Chua Boc 6-8 for the construction of a mixed-use facility comprising high-rise residential and commercial services. Part of the land will be used for residential purposes, while the remainder will be for commercial use, with a 50-year usage right granted. The project is being developed in collaboration with multiple companies, and recent legal rulings have resolved past disputes over land occupation.
Business impactThis project provides Japanese companies with opportunities for real estate investment and construction activities. It is important to monitor trends in the Hanoi real estate market and consider relevant legal procedures and investment opportunities.