Launch of Membership Registration System at Vietnam International Financial Center

Key pointsGoogle has announced plans to relocate the manufacturing of Pixel smartphones and wearable devices from China to Vietnam and India starting in 2027. This strategic decision is influenced by rising tensions between the U.S. and China, and there is ongoing expansion of production capacity in Vietnam. Google aims to increase Pixel shipments by 8-10% year-on-year, with manufacturing in Vietnam expected to play a crucial role.
Business impactJapanese companies need to monitor changes in the supply chain due to Google's production shift and explore opportunities for related component supply and manufacturing partnerships. In particular, there will be an increase in business opportunities related to electronic devices.

Key pointsHo Chi Minh City aims to enhance solutions to achieve its public investment plan for 2026, targeting 100% funding secured. The city aims for over 70% resolution by the third quarter, with 43.2% of funding resolved so far. The focus is particularly on infrastructure projects, facing challenges such as material shortages and legal issues.
Business impactJapanese companies should pay attention to the progress of public investment, especially in infrastructure-related projects, and may need to review material supply and contracts. The advancement of public investment will have a direct impact on the business environment, necessitating careful monitoring.

Key pointsThe Vietnam International Financial Center (VIFC) has introduced a system that allows investors and companies to register online. This system aims to streamline procedures and reduce costs, designed to complete all processes in a digital environment.
Business impactThis new system simplifies procedures for Japanese companies, enabling faster business development. Companies engaged in financial operations should leverage this system to enhance operational efficiency.

Key pointsVietnam's maritime industry is positioned as a key pillar of economic growth, with strategies being developed to promote the maritime economy. The utilization of marine resources and the role of the industry as a new growth engine are particularly anticipated. Experts suggest that the maritime industry could account for about 70% of the country's GDP, indicating potential for sustainable growth.
Business impactThe development of the maritime industry presents new business opportunities for Japanese companies. Particularly in the logistics and shipping sectors, there will be increased opportunities for investment and business expansion, necessitating related sectors to monitor market trends closely.

Key pointsVietnam aims to develop new growth drivers from advanced technology industries based on Resolution 19-NQ/TW. Priority is given to the development of semiconductors, artificial intelligence (AI), new materials, quantum technology, green industries, and the energy sector. This is expected to enhance Vietnam's international competitiveness and promote economic growth.
Business impactJapanese companies should seize investment opportunities in these emerging technology fields, particularly focusing on AI and semiconductor-related projects.

Key pointsApproximately 600 engineers and workers are working day and night on the Light Rail Transit (LRT) construction site on Phu Quoc Island. The 17.59 km line is a crucial infrastructure connecting the airport and the APEC conference center, and construction is ongoing despite the rainy season. The project started in December 2025 and aims for commercial operation to begin in August 2027.
Business impactThis project signifies important progress in Vietnam's infrastructure development, potentially increasing entry opportunities for Japanese companies, particularly in terms of collaboration in technology and material supply.

Key pointsIn Vietnam, significant projects such as Lô B - Ô Môn, Lạc Đà Vàng, Sư Tử Trắng 2B, Khánh Mỹ - Đầm Dơi, and Ca Voi Zan are accelerating. This is expected to create continuous employment opportunities from 2026 to 2030.
Business impactThese projects present new business opportunities for Japanese companies. In particular, construction and infrastructure-related firms can aim for growth by participating in these initiatives.