Ho Chi Minh City Rises 17 Places in Global Financial Center Ranking

Key pointsHo Chi Minh City has risen 17 places in the Global Financial Center Ranking, now positioned at 67th. This assessment, conducted by Z/Yen Partners and the China Development Research Institute, shows Ho Chi Minh City's score at 692 points, reflecting a growth of 4.1% above the Asia-Pacific average. Additionally, Da Nang City has made its debut in the ranking at 71st place. Ho Chi Minh City has also improved its position in the fintech sector, climbing 12 places to 71st.
Business impactThis rise in ranking indicates that Ho Chi Minh City is taking significant steps towards the development of its financial market, suggesting increased investment opportunities and business expansion potential for Japanese companies. Businesses involved in financial services should closely monitor the growth of Ho Chi Minh City.

Key pointsIn the first nine months of 2026, Ho Chi Minh City attracted over $4.2 billion in foreign direct investment (FDI), a 62% increase compared to the same period last year. There is a notable shortage of talent in the fields of AI, semiconductors, and automation, with companies seeking skilled professionals in these areas. Investors are increasingly focused on securing talented engineers and managers over land and factory costs. This is expected to lead to an influx of international talent.
Business impactJapanese companies need to advocate for streamlined labor permit and visa processes to secure talent in Ho Chi Minh City. Additionally, talent strategies that consider family living conditions are crucial, particularly regarding the quality of education, healthcare, and housing.

Key pointsAs of the close of trading on September 30, 2026, the VN-Index fell by 9.11 points (-0.51%) to 1,768.62 points. On the Ho Chi Minh Stock Exchange (HoSE), 171 stocks declined, 127 stocks rose, and 58 stocks maintained their reference prices. Market liquidity increased, with trading volume up by 15.6% compared to the previous day.
Business impactFor Japanese companies, fluctuations in the VN-Index may impact investment strategies and fundraising efforts. In particular, the increased liquidity in the stock market could create more opportunities for raising funds.

Key pointsOn September 30, 2026, Meta launched an online training program for young entrepreneurs to utilize digital technology and AI. This program teaches businesses how to leverage digital tools to enhance customer connections and improve productivity.
Business impactThis program will serve as a crucial resource for Japanese companies advancing their digitalization efforts. In particular, the use of AI in marketing and customer management will be key to enhancing competitiveness.

Key pointsRong Chau and Santen announced a strategic partnership to enhance comprehensive eye care initiatives ahead of World Sight Day on October 8, 2026. With 136 years of ophthalmic expertise, Santen aims to leverage Rong Chau's extensive regional network to provide vision protection and treatment support. Both companies are committed to improving eye health in Vietnam through educational programs and community health promotion activities, emphasizing the importance of early detection and prevention, especially as children's vision issues worsen.
Business impactFor Japanese companies, the partnership between Rong Chau and Santen may contribute to improving the quality of healthcare services in the Vietnamese market. New business opportunities in the ophthalmic sector are expected to arise, making it worthwhile to consider offering related products and services.

Key pointsThe Vietnam Aviation Industry Forum will be held in Hanoi from November 4 to 6, 2026, with participation from airlines, equipment manufacturers, and universities. The forum aims to establish a sustainable aviation fuel supply chain and is expected to promote the development of the regional aviation industry.
Business impactFor Japanese companies, participating in the aviation industry's supply chain presents new business opportunities. Companies providing sustainable fuels and technologies can enhance their competitiveness in the Vietnamese market.

Key pointsThe Vietnam Stock Exchange (VNX) announced that all stocks listed on the Hanoi Stock Exchange (HNX) will transition to the Ho Chi Minh Stock Exchange (HOSE) starting December 28, 2026. The last trading day on HNX will be December 23, 2026, and trading will be temporarily suspended during the transition period. This move is based on the Ministry of Finance's directive for HNX to transfer all stocks to HOSE by December 31, 2026. HNX will focus on the bond and derivatives markets moving forward.
Business impactThis transition will require Japanese companies to adapt to trading on HOSE. In particular, there may be impacts on stock liquidity and trading costs, necessitating a review of investment strategies.

Key pointsOn September 30, 2026, a seminar titled 'Improving Energy Efficiency in Industry' was held in Tay Ninh Province, discussing specific policies and practices to enhance energy efficiency in Vietnamese enterprises as part of the country's energy efficiency improvement program. This is expected to help companies aim for sustainable growth.
Business impactJapanese companies can reduce costs and enhance competitiveness by understanding the policies aimed at improving energy efficiency and implementing appropriate measures.