Reduction of Duty-Free Allowance for Small Goods

Key pointsOn September 8, 2026, the Ministry of Finance proposed to lower the duty-free allowance for the import and export of small goods to 100,000 VND in response to the rapid increase in e-commerce. This change is expected to particularly impact the international e-commerce and logistics sectors. Currently, the duty-free allowance varies by product, leading to imbalances, especially in the handling of small goods using postal services.
Business impactJapanese companies need to quickly adapt to tax changes as e-commerce expands. Sectors involved in logistics and trade are required to reassess their strategies considering the new duty-free standards.

Key pointsOn September 8, 2026, the Ministry of Finance held a dialogue in Hanoi to discuss measures to enhance investment cooperation between Vietnam and the EU. The EU has invested in 30 provinces and cities, registering approximately 33.3 billion USD across 2,836 projects, with a significant focus on the manufacturing sector, establishing Vietnam as an important economic partner for the EU. Both parties aim to improve their investment environments and promote high-quality investments.
Business impactFor Japanese companies, strengthening investment cooperation with the EU presents new business opportunities. Companies interested in manufacturing and technological innovation need to closely monitor EU investment trends to enhance their competitiveness in the Vietnamese market.

Key pointsThe Vietnamese stock market has recorded a 10.3% increase over the past 11 months, showing the highest growth rate among emerging markets. However, trading volume in August 2026 was only 0.59 times the average of the past 12 months, raising concerns about low liquidity. Analysis suggests that market growth relies more on active trading than on index increases.
Business impactFor Japanese companies, the sluggish liquidity may impact fundraising and the stock valuation of local partner companies. If liquidity improves, a decrease in transaction costs and an increase in capital inflows are expected, making the securities sector particularly noteworthy.

Key pointsIn Vietnam, four new decrees and five circulars regarding tax regulations have been announced, all set to take effect the following day. This requires businesses to rapidly adapt to significant legal changes, with small enterprises particularly affected. Tax professionals are also struggling with the complexity of the regulations, which are noted to require considerable time in practice. There is growing anxiety regarding the increased obligations for tax declarations.
Business impactJapanese companies need to reassess their tax department structures to respond swiftly to these tax changes. It is essential to stay informed about regulatory updates and implement appropriate measures.