Launch of 'Green Route' to Facilitate Public Investment Funding

Key pointsOn September 18, 2023, Tasco Auto announced its acquisition of shares in Vĩnh Phát Motors, which owns a truck manufacturing plant in Ho Chi Minh City. This transaction aims to enhance production capacity for commercial and electric vehicles. On the same day, China's Dongfeng Liuzhou Motor partnered with Vĩnh Phát Motors to establish ASEAN's first CKD (Completely Knocked Down) plant in Vietnam, marking a significant step towards local production. Vĩnh Phát Motors, founded in 2015, already has a plant in Ho Chi Minh City and experience in CKD assembly.
Business impactThe establishment of this new plant presents new business opportunities for Japanese companies. It is particularly important to consider the supply of related parts and services as demand for electric vehicles and new energy vehicles continues to rise.

Key pointsThe Ministry of Industry and Trade of Vietnam has approved a development plan for the outlet model until 2030, aiming to promote consumption and enhance the competitiveness of the retail market. Outlets are expected to provide a new shopping experience that combines shopping and tourism.
Business impactJapanese companies should pay attention to the development of outlets in the Vietnamese market and explore their potential as a new sales channel. In particular, the retail industry needs to reassess marketing strategies in response to this trend.

Key pointsPublic investment is considered a crucial element for promoting economic growth, and the Vietnamese government aims for rapid influx of funds. However, in practice, the flow of funds has stagnated, particularly due to challenges in on-site procedures and procurement of materials. As of September 10, 2026, public investment spending has reached 47% of the plan, necessitating swift fund release for the remaining period.
Business impactTo improve the flow of public investment, Japanese companies need to monitor project progress and streamline procurement and procedures.

Key pointsVietnam is encountering new growth opportunities in its maritime industry. In particular, there is potential for industries such as machinery manufacturing, ports, logistics, and technical services behind wind power turbine development. The 'Nghị quyết 20-NQ/TW' announced on July 28, 2026, emphasizes the development as a maritime nation and calls for sustainable management of marine resources. This is expected to create a new axis of economic growth, specifically requiring efficient and sustainable development in the oil and gas industry, along with advancements in wind and solar power infrastructure.
Business impactThis movement presents new business opportunities for Japanese companies. In particular, firms involved in energy-related investments and technology provision may contribute to the development of Vietnam's maritime industry. It is important to monitor future policy trends and establish appropriate strategies.

Key pointsThe bidding for the Vietnamese medical investment company in Haiphong is being reviewed due to an ongoing investigation involving the company. Haiphong's Friendship Hospital is providing documents related to past bids and cooperating with the investigation, revealing details about the bids the company was involved in.
Business impactThis situation highlights the necessity for Japanese companies to ensure compliance with regulations during the bidding process. Particularly in medical-related contracts, it is crucial to strengthen risk management due to the demand for transparency and ethical standards.

Key pointsConcerns arose over the fat used as a topping in school lunches provided at Quan Bi Primary School in Hanoi, leading to the suspension of the supply contract. The supplier, CTCP Dau Fat Duc Tuyen Long, is backed by multiple related companies that were established to provide lunch services to local schools but failed to meet regulations, resulting in the contract termination. The region is now urgently seeking new suppliers.
Business impactThis issue indicates the need for Japanese companies to reassess food supply contracts in Vietnam. Quality control and adherence to contract terms are critical, and future contracts will require careful evaluation of supplier reliability.

Key pointsDa Nang is forming a new pole of economic growth and aims to become a city with international competitiveness. By introducing a new economic model, companies need to transcend the limits of the local market. Da Nang is hosting various international events to promote entry into the international market and expand corporate networks.
Business impactDa Nang's growth strategy offers new business opportunities for Japanese companies. In particular, companies considering entering the international market should closely monitor developments in Da Nang and formulate appropriate strategies.

Key pointsIn 2026, Vietnam's Priority Enterprise Program will celebrate its 15th anniversary, with advancements in customs management. This program simplifies procedures for companies with high compliance rates and concentrates management resources on high-risk areas.
Business impactThis program may enhance the efficiency of import and export procedures for Japanese companies, particularly through recognition as priority enterprises, leading to potential cost reductions and time savings.