Reasons for Absence of Familiar Stocks in FTSE

Key pointsFTSE Russell added 27 Vietnamese stocks to the FTSE Global All Cap, but familiar stocks like MWG and TCB are absent. This is due to insufficient foreign ownership ratios, which did not meet FTSE's criteria. FTSE emphasizes stock liquidity and free float ratios, leading to the exclusion of many companies.
Business impactJapanese companies need to understand FTSE's criteria and consider liquidity and foreign ownership ratios when selecting investment targets. It is particularly important to monitor trends of stocks added to FTSE and reassess investment strategies.

Key pointsOn August 23, 2026, the Vietnam National Assembly overwhelmingly approved the revised Petroleum Law with a vote of 473 to 2. This law is set to take effect on March 1, 2027, aiming to support the overall value chain of the petroleum industry and promote the development of renewable energy. Key changes include the simplification of administrative procedures, strengthening the legal framework for petroleum contracts, enhancing investment incentives, promoting technical services, and establishing a legal framework for greenhouse gas emission reductions. It is expected that investments in Vietnam's exploration and production (E&P) activities will increase by 40% by 2027, reaching $2.8 billion, with companies like PVS and PVD anticipated to benefit directly.
Business impactThe revised Petroleum Law presents new investment opportunities for Japanese companies. In particular, firms involved in oil and gas-related projects can expect a more stable business environment due to the improved legal framework, necessitating close attention to future developments.

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.