Central Bank Proposes Enhanced Monitoring for VIP Clients

Key pointsOn September 29, 2026, the State Bank of Vietnam proposed strengthening monitoring systems targeting VIP clients and bank executives to prevent money laundering. The proposal aims to establish a risk-based comprehensive monitoring system, particularly enhancing oversight for clients in high-risk industries.
Business impactThis proposal signifies new compliance requirements for financial institutions. Japanese companies will need to review their customer management and risk assessment processes to ensure regulatory compliance.

Key pointsThe Ministry of Construction has decided to apply passenger service fees for domestic and international flights at Long Thanh International Airport starting October 1, 2026. This new fee regulation is considered a crucial step for the smooth commercial operation of the airport.
Business impactThe new fee regulation will directly impact the aviation and travel industries, requiring Japanese companies to review fares and services. In particular, travel agencies and airlines need to consider the effects of the fee changes on customers and implement appropriate measures.

Key pointsEVNHANOI, the power corporation of Hanoi, is promoting the adoption of rooftop solar power for residents and businesses. This initiative aims to reduce electricity costs and contribute to environmental protection. EVNHANOI particularly recommends solar power installation for households and businesses that consume a lot of electricity during the day.
Business impactJapanese companies can leverage EVNHANOI's initiative to advance cost reduction and sustainable energy use. In particular, in the manufacturing and service sectors, reducing electricity costs could enhance competitiveness.

Key pointsStandard Chartered Bank forecasts that Vietnam's GDP growth rate will reach 8.7% year-on-year in the third quarter of 2026, an increase from 8.4% in the second quarter, reflecting sustained growth despite external challenges. Stable economic growth serves as a positive signal for investors.
Business impactJapanese companies need to reassess their investment strategies as Vietnam's economic growth continues. Particularly in manufacturing and services, the attractiveness of Vietnam as a growth market is increasing, making active market entry worth considering.

Key pointsIn preparation for achieving its 2026 goals, Kien Giang Province held a meeting to review operations from the third quarter and early 2026. Provincial leaders discussed specific measures to raise the growth rate to double digits and promised to facilitate the flow of funds. Kien Giang Province aims to enhance its willingness to innovate and promote regional economic development.
Business impactKien Giang Province's growth strategy may offer new business opportunities for Japanese companies. In particular, companies involved in infrastructure investment and regional development should pay attention to upcoming projects and consider active participation.

Key pointsOn September 29, 2026, during a press conference in Hanoi, the Ministry of Industry and Trade of Vietnam announced that 499 products from 227 companies have been certified as national brands. This initiative aims to enhance Vietnam's brand power and establish its international standing.
Business impactJapanese companies should monitor this development and assess its impact on relevant transactions, contracts, and local operations.

Key pointsVietnam is advancing large-scale infrastructure projects, leading to increased medium- to long-term funding needs. In addition to public investment and bank loans, participation from the private sector, capital markets, and international capital is complementing development resources. Notably, investments in transportation networks, urban infrastructure, energy, and the digital economy are expected to accelerate from 2026 to 2030.
Business impactJapanese companies can expand business opportunities in the Vietnamese market by participating in infrastructure projects, particularly through involvement in PPP (Public-Private Partnership) model projects.

Key pointsVietnam has entered a new stage of development aiming for high growth, recognizing that traditional resources alone are insufficient. It is necessary to establish transparent systems and eliminate procedural barriers to incorporate new resources such as science and technology, data, and high-quality human resources into production. This is expected to build a foundation for sustainable growth.
Business impactJapanese companies need to understand local systems and market trends to leverage Vietnam's new growth resources and develop appropriate strategies, with a particular focus on technological innovation and human resource development.

Key pointsThe Vietnam Civil Aviation Authority is advancing plans to promote the use of Sustainable Aviation Fuel (SAF), aligning with the country's commitment to achieve net-zero greenhouse gas emissions by 2050. Specifically, it is developing the SAF supply chain and formulating usage plans suitable for domestic conditions, aiming to reduce the environmental impact of the aviation industry. Additionally, domestic energy companies are also conducting research towards SAF production.
Business impactJapanese companies need to pay attention to new regulations and market opportunities arising from the introduction of SAF. In particular, companies involved in the aviation industry are required to reassess their strategies to adapt to changes in environmental standards.