New Law on Identity Verification in E-commerce Transactions

Key pointsThe Hanoi Market Surveillance Authority has uncovered multiple facilities dealing in counterfeit LPG (liquefied petroleum gas). During inspections on August 6, 1,142.4 kg of fake LPG was discovered, along with 1,645 counterfeit prevention labels and 257 pieces of false information. These facilities were found to be systematically involved in the entire process from gas filling to distribution and sales. The distribution of fake LPG poses a direct danger to consumer safety, and legal actions are expected.
Business impactJapanese companies need to strengthen product quality management and supply chain transparency, considering the increase in counterfeit goods. Particularly, businesses involved in LPG-related activities should reassess the reliability of their partners to mitigate legal risks.

Key pointsOn August 23, 2026, the Vietnamese National Assembly passed a new law regarding international transactions through e-commerce platforms. This law mandates identity verification and electronic certification for individuals and organizations involved in transactions, enhancing customs oversight on imported and exported goods. It aims to improve transparency in e-commerce and prevent illegal activities.
Business impactThis new law will significantly impact Japanese companies utilizing e-commerce, necessitating a review of customs procedures and compliance systems.

Key pointsThe Hanoi People's Committee has approved the urban design plans for Tran Nhat Duat Street, Tran Quang Khai Street, and Tran Kain Zu Street as of August 22, 2026. The design is conducted at a scale of 1/500, and a microchip design competition for smart cities will also be initiated. Additionally, the urban design plan for Thai Ha Street has been approved, along with plans for flood prevention and a creative design festival.
Business impactThis approval of urban design may present new business opportunities for Japanese companies. In particular, construction and infrastructure-related firms should be vigilant not to miss opportunities to participate in upcoming projects.

Key pointsHigh demand for air travel is anticipated for the National Day on February 9, 2026. The Vietnam Civil Aviation Authority has instructed airlines to increase flight numbers, manage fares, and minimize delays and cancellations, ensuring passenger safety and rights. The aviation market expects 1.68 million passengers during the holiday period.
Business impactJapanese companies should monitor this trend and assess its impact on related transactions, contracts, and local operations.

Key pointsThe Saigon River has been involved in the development and history of Ho Chi Minh City for over 300 years and is expected to play a crucial role in urban planning for the next 100 years. Recent discussions focused on the development of both banks of the Saigon River, emphasizing urban landscape and public space. The river is positioned as a strategic axis supporting the city's growth as an international metropolis.
Business impactJapanese companies should monitor this trend and assess its impact on related transactions, contracts, and local operations.

Key pointsA new urban development project called 'Vinhomes Saigon Park' is being established in the northwest of Ho Chi Minh City, aiming to accommodate around 60,000 students within a 150-hectare university campus. This project adopts an urban model centered on education, research, and innovation, covering a total area of 1,080 hectares, with plans for a 200-hectare golf course and 100 parks.
Business impactThis project presents new opportunities in the education-related business and real estate development sectors. Japanese companies may find it worthwhile to consider partnerships with educational institutions and the provision of new services.