Vinachem Enhances Cybersecurity for Digital Transformation

Key pointsThe Vietnam Chemical Group (Vinachem) is implementing numerous programs to strengthen cybersecurity as part of its digital transformation efforts. Specifically, it plans to invest 500 billion VND in talent development, aiming for 39.5 trillion VND in sales by 2026 and a target of 1 billion USD in exports. This initiative aims to improve overall production and management within the group.
Business impactFor Japanese companies, Vinachem's digital transformation may enhance supply chain security and ensure the reliability of business partners. In particular, the strengthening of cybersecurity measures is a key point for IT departments to reduce the risk of information leaks.

Key pointsVietbank, a Vietnamese commercial bank, has appointed Chester Gorski as its new CEO. Gorski brings over 30 years of experience in finance, technology, operations, and strategic consulting in both the U.S. and Vietnam, and is expected to lead the bank's digital transformation efforts. His appointment is seen as a significant step towards strengthening the bank's management and realizing new strategies.
Business impactThis personnel change indicates that Vietbank is intensifying its efforts to advance digitalization and enhance customer experience. Japanese companies need to explore new opportunities for improving digital strategies and customer service.

Key pointsOn September 29, 2026, Vietnam's Customs Department certified seven companies under the Priority Enterprise Program, bringing the total number of priority enterprises in Vietnam to 74, which account for about one-third of total import and export value. The newly certified companies include Hana Micron Vina, Luxshare ICT (Vietnam), and Samju Vina, while four companies had their program application extended. The program aims to promote corporate compliance and streamline customs procedures, with plans to enhance data connectivity and transparency in the future.
Business impactBeing certified under the Priority Enterprise Program is expected to expedite customs procedures and reduce costs. Japanese companies should leverage this program to improve the efficiency of their import and export operations, particularly by maximizing the benefits of the program while maintaining compliance.

Key pointsOn September 29, 2026, construction officially began on the Cat Lai Bridge and Long Phu Bridge at Dai Phuc Company in Dong Nai Province. These bridges are crucial transportation infrastructure connecting Ho Chi Minh City and Dong Nai Province, facilitating urban, industrial, and logistics development. The Cat Lai Bridge will be 11.6 km long with a design speed of 80 km/h, while the Long Phu Bridge will be 3.5 km long, both expected to be completed by 2029.
Business impactThe construction of these bridges may lead to reduced logistics costs and improved access for Japanese companies. In particular, the enhancement of transportation between Ho Chi Minh City and Dong Nai Province is expected to improve product transport efficiency and expand business opportunities.

Key pointsVietnam's e-commerce market is projected to reach $31 trillion by 2025, with Shopee and TikTok holding 98% of the market share. There are 760 delivery companies handling 410 million deliveries annually, making access to major platforms crucial. A new e-commerce law has been enacted, requiring delivery companies to meet platform standards.
Business impactJapanese companies need to partner with delivery providers and adapt to platform standards. It is particularly important to devise strategies that expand customer choices.

Key pointsVietnamese foreign fund PYN Elite has reported profits exceeding 46 trillion VND from its investment in Sacombank shares. The fund has held Sacombank shares since November 2022 and has realized profits exceeding 150 million euros to date.
Business impactJapanese companies should monitor this development and assess its impact on related transactions, contracts, and local operations.