Details on Personal Income Tax Dependent Verification Documents

Key pointsThe Da Nang City Tax Department has announced details regarding the documents required to verify dependents for personal income tax. Dependents include children over 18 with disabilities, and specific documents such as copies of birth certificates and identification cards are required. This allows taxpayers to receive appropriate tax deductions.
Business impactJapanese companies need to understand the treatment of dependents in Vietnam's tax system and ensure proper tax processing for their employees.

Key pointsPhu My Hung Development Company reports a 40% increase in profits for the first half of 2026 compared to the same period last year. Debt levels are decreasing, and the company's financial situation is strong, which is expected to further strengthen its financial foundation.
Business impactJapanese companies need to reassess real estate investment opportunities in the region in light of Phu My Hung's growth.

Key pointsThe Giầy Thượng Đình factory in Hanoi is being demolished, and a 3.6-hectare site is set to be developed into a mixed-use complex featuring residential, office, commercial facilities, and schools. The total investment is approximately 9.9 trillion VND.
Business impactThe new development plan may impact the local real estate market. Japanese companies need to monitor regional real estate trends and explore investment opportunities.

Key pointsCompanies from the US, South Korea, and the UK are seeking suppliers in Vietnam, with a particular focus on promoting exports from small and medium-sized enterprises. The International Procurement Exhibition (VIS 2026), scheduled for September 3-5, 2026, will see participation from many international companies, presenting new business opportunities for Vietnamese firms. There is a growing demand for Vietnamese agricultural and aquatic products in the South Korean market, although the current market share is only 3%. In contrast, the UK market is looking for products that emphasize sustainability.
Business impactJapanese companies need to focus on developing agricultural and sustainable products to capitalize on these market opportunities. Additionally, there is a need to strengthen export procedures and quality management.

Key pointsVietnam is entering the advanced technology supply chain, with key factors for progress being policy implementation, talent development, digitalization, and environmental considerations. Japan's Misumi has announced an investment of approximately 4.6 billion yen (about 30 million USD) to triple its production capacity for automatic positioning stages. Qualcomm and Samsung Electronics have also expressed intentions to strengthen their research and development in Vietnam. In the recent Asia Manufacturing Index (AMI 2026), Vietnam ranked third as a competitive manufacturing economy. As international recognition increases, Vietnam is enhancing the value of its manufacturing sector.
Business impactFor Japanese companies, entering Vietnam's technology supply chain presents new business opportunities. Particularly as investments in AI and electronics grow, relevant sectors need to monitor market trends and establish appropriate partnerships.

Key pointsVietnamese companies are actively expanding their own brands in response to international demand, achieving success particularly through platforms like Amazon and Alibaba. For instance, the international trading company Minh An has exported 400,000 neck fans to the United States, achieving strong sales performance. Additionally, VinaBedding is introducing natural rubber mattresses to the international market, with increasing demand in the U.S. market. This enhances the international competitiveness of Vietnamese products.
Business impactJapanese companies need to reassess local partnerships and co-branding strategies in light of Vietnamese companies' success in building brands in the international market. In particular, sales strategies utilizing e-commerce platforms will be a crucial element for enhancing competitiveness.

Japanese business summary. Read the original source for the source language.

Key pointsベトナム税務署は、事業停止状態にある企業の税番号の解決策を検討しています。多くの企業が長期間にわたり事業を停止しているにもかかわらず、税番号の手続きを完了していないため、解決が求められています。これにより、税務負担が軽減されることが期待されています。
Business impactこの動きは、日系企業にとって税務管理の改善につながる可能性があります。特に、税務手続きの簡素化が求められます。

Key pointsThe Vietnamese stock market reopened after the holiday with the VN-Index down 0.24%, but VIC stock reached a new high, pushing Vingroup's market capitalization to an all-time high. Meanwhile, LPS stock unexpectedly declined. Market trends will influence investor sentiment and the economic outlook.
Business impactJapanese companies should closely monitor this development and assess its impact on related transactions, contracts, and local operations.