Exporters Report Delays in C/O Issuance

Key pointsAt the seminar 'LNG Power Development: Energy Security for Double-Digit Growth' held in Da Nang on August 14, 2026, LNG power development was positioned as part of the national energy security strategy. A plan was announced to enhance LNG import capacity and establish 22 LNG power plants nationwide by 2030 to support economic growth.
Business impactThe development of LNG power is expected to enhance the stability of energy supply and may impact energy costs for Japanese companies. There may be a need to reassess energy-related investment strategies.

Key pointsThe Vietnam Leather, Footwear and Handbag Association (Lefaso) reports that exporters are facing delays in the issuance of Certificates of Origin (C/O), particularly for the U.S. market, leading to increased costs and delayed delivery times. The issuance of C/O is crucial in export procedures, especially in markets without Free Trade Agreements (FTAs).
Business impactDelays in C/O issuance can increase tax burdens and disrupt logistics for exporters, necessitating close attention from the export sector and prompt action.

Key pointsAugust 16, 2026, marks the 50th anniversary of CTCP Dat Mai Thanh Cong (HOSE: TCM). This 50-year journey illustrates the company's growth from a small textile factory to a key player in Vietnam's textile industry, establishing its position in the international market. The company continues to face new challenges as it looks toward the next century.
Business impactJapanese companies should monitor this development and assess its impact on related transactions, contracts, and local operations.

Key pointsAs of August 14, 2026, it was reported at the Carbon Forum held in Ho Chi Minh City that 92 companies are participating in Vietnam's carbon credit market. This marks an important step towards the implementation of environmental policies and promotes sustainable growth for businesses.
Business impactJapanese companies need to enhance their engagement in carbon credit trading and environmental considerations to comply with Vietnam's environmental regulations. In particular, there is a demand for building sustainable business models.

Key pointsHI-TECH VIETNAM 2026 will be held from September 9 to 11, 2026, at the Vietnam Exhibition Center in Hanoi. This international exhibition will feature many companies involved in advanced technologies, artificial intelligence, semiconductors, robotics, unmanned aerial vehicles (UAVs), and the digital economy. The development of the digital economy requires institutional and resource support.
Business impactJapanese companies have the opportunity to enhance their competitiveness by advancing the adoption of digital technologies. In particular, the utilization of AI and robotics has the potential to improve operational efficiency.

Key pointsDa Nang City proposes to expedite the LNG power plant project for the period of 2026-2030, five years earlier than the current plan, to address the rapidly increasing power demand. The city is facing pressure from double-digit growth and requires stabilization of power supply.
Business impactThe early implementation of this project will provide investment opportunities in the energy sector. Japanese companies can gain new business opportunities by engaging in LNG-related businesses and infrastructure development.

Key pointsIn Vietnam, ministries and local governments are reviewing scenarios to achieve the 2026 growth targets and implementing flexible operational strategies to address economic fluctuations. There is an urgent need for foundational investments to enhance economic growth potential.
Business impactJapanese companies need to respond sensitively to changes in economic policies, particularly by revising investment plans and market strategies. It is important to explore new opportunities to promote growth.

Key pointsOn August 14, 2026, a car export ceremony for Mexico and Australia was held at the Hyundai Thanh Cong factory in Ninh Binh Province. This event marks a significant step for Vietnamese products entering the international market. Hyundai Thanh Cong plans to export 15,280 vehicles by 2026 and aims to expand into the Middle East and South American markets in the future.
Business impactJapanese companies should closely monitor the growth of Vietnam's automotive industry and explore opportunities for parts supply and technological collaboration.