Transportation Activities in Vietnam Respond to Demand by September 2026

Key pointsIn September 2026, transportation activities in Vietnam are active, meeting domestic and international mobility demands, and supporting commercial activities and cargo distribution. Notably, in Hanoi, public transportation fares are waived, improving accessibility. Additionally, the promotion of electric buses for public transport is underway, enhancing traffic safety.
Business impactFor Japanese companies, transportation costs and logistics efficiency are critical factors, necessitating attention to improvements in public transport and the introduction of new transportation methods. Particularly, the logistics sector should consider revising strategies based on the new transportation policies.

Key pointsNguyen Van Thanh, the former CEO of Green SM, has increased the capital of his electric vehicle startup AVES from 30 billion VND to 42 billion VND within about a month of its establishment. Additionally, the company is strengthening its recruitment efforts in Hanoi and Hung Yen, planning to launch its first product in the summer of 2027.
Business impactJapanese companies need to monitor the growth of Vietnam's electric vehicle market and reassess their related supply chain and talent strategies.

Key pointsSeveral Asian markets are adjusting regulations and implementing support measures to facilitate corporate access to capital markets. According to a survey by ASIFMA and KPMG, 66% of financial institutions plan to expand their activities in the region over the next three years, the highest figure recorded. Notably, Thailand has introduced tax incentives for listing emerging industry companies, while South Korea is enhancing funding for growth companies, and Mongolia is advancing tax reforms. Hong Kong is easing listing requirements, and the Philippines is simplifying capital enhancement requirements. These developments present an opportunity for Vietnam to enhance its competitiveness.
Business impactJapanese companies need to reassess Vietnam's investment environment amid intensifying competition in Asian markets. It is essential to strategically consider how to raise capital and expand operations, particularly in countries where tax incentives and eased listing conditions are progressing.

Key pointsVietnam's maritime police have designated the period from August 15 to September 15, 2026, as 'IUU Prevention Month' to enhance monitoring of fishing vessels early and from afar to prevent illegal, unreported, and unregulated (IUU) fishing. This initiative aims to strengthen efforts to eradicate IUU fishing.
Business impactJapanese companies involved in fishing-related businesses in Vietnam will need to comply with strengthened IUU regulations, particularly regarding fishing permits and reporting obligations.

Key pointsThe metro project in Ho Chi Minh City is progressing, particularly Metro Line 2 (Ben Thanh - Tam Luong), with multiple new metro lines scheduled for construction by the end of 2026. The city aims to develop approximately 255 km of urban railway network by 2030, with geological surveys and design approvals currently underway.
Business impactJapanese companies should consider entering related projects to capitalize on business opportunities arising from infrastructure development in Ho Chi Minh City. Demand is expected to increase, especially in the construction and related service sectors.

Key pointsIn early October 2026, HDBank and Vietjet, associated with Vietnamese tycoon Nguyen Thi Phuong Thao, achieved significant milestones in their respective markets. HDBank surpassed LPBank to enter the top three in market capitalization, while Vietjet holds the largest aircraft fleet in the country. This growth of both companies is attracting attention.
Business impactFor Japanese companies, there may be increased opportunities for partnerships and investments with HDBank and Vietjet. Companies interested in the aviation industry and financial services should closely monitor these developments.

Key pointsOn October 4, 2026, during a meeting in Hanoi, Deputy Prime Minister Pham Gia Tuc confirmed the progress of LNG power plants amid concerns over power shortages in the southern region. The demand for electricity is surging, particularly from data centers. The power plants are expected to provide substantial electricity supply by 2030.
Business impactStabilizing power supply is directly linked to the production activities of Japanese companies, particularly in manufacturing and IT sectors, which should closely monitor the state of power infrastructure and manage risks as necessary.

Key pointsMr. Yamamoto, the president of NSRP, discussed the impact of the company's performance in 2026, which has accumulated a loss of $3 billion over the past eight years. He noted that financial pressure remains significant despite support from major companies. This factory involves enterprises from Vietnam, Japan, and Kuwait, and improvements in performance are anticipated.
Business impactJapanese companies need to closely monitor NSRP's developments. Particularly, if financial conditions improve, there may be related business opportunities.

Key pointsA South Korean company is preparing to launch a special metal production factory in Vietnam, set to begin operations in December 2026. This factory is expected to have an annual production capacity of 240 tons and will play a crucial role in the supply chain of rare metals outside of China. As major economies focus on this material, diversification of supply is anticipated.
Business impactThis development is likely to enhance Vietnam's rare metal supply capacity and provide Japanese companies with new sourcing options. Manufacturing and electronics-related firms should pay attention to future trends.