AEON MALL to Open Two New Shopping Malls in Vietnam

Key pointsAEON MALL has announced plans to open two new shopping malls in Vietnam in October and November 2026, bringing the total number of malls operated by the company in Vietnam to ten. The new malls will cover over 200,000 square meters and will include five pickleball courts.
Business impactThe expansion of AEON MALL presents new business opportunities for Japanese companies. In particular, as competition intensifies in the retail sector, strategic approaches to meet consumer needs will be essential.

Key pointsYoung entrepreneurs in Son La Province aim to deepen the agricultural value chain by utilizing regional resources such as agriculture, tourism, energy, and border trade. Dialogues have been held to strengthen collaboration with local businesses and promote economic growth.
Business impactThis initiative may contribute to revitalizing the local economy and provide new business opportunities for Japanese companies, particularly in the agriculture and tourism sectors.

Key pointsIn Vietnam's tile industry, VTHM has initiated an anti-dumping investigation against tile products from India, aiming to establish a fair competitive environment. VTHM is collaborating with other companies in the industry to provide data for the investigation. Recent findings confirmed dumping practices for Indian products, leading to the imposition of tariffs ranging from 5.55% to 45.30%. This is expected to protect the competitiveness of domestic producers.
Business impactThis development is significant for Japanese companies, particularly those dealing in tiles and building materials, as it may impact future price competition and supply chains, necessitating close attention to industry trends.

Key pointsHanoi's tax authorities have launched a mobile messaging service called 'THUE_HANOI' aimed at disseminating tax law information. This service allows taxpayers to quickly receive information and guidance on tax laws and procedures.
Business impactThis initiative is expected to promote tax compliance among taxpayers and may enhance tax management efficiency for Japanese companies. In particular, tax departments should leverage this new information delivery method.

Key pointsAn exchange event with Japanese investors was held in Can Tho City, focusing on improving the investment environment. Japanese companies expect Can Tho to enhance infrastructure and business conditions, particularly through simplifying administrative procedures and increasing legal transparency. This is anticipated to promote investment in the southern region.
Business impactJapanese companies need to closely monitor changes in Can Tho's investment environment and reassess their strategies for future business development, especially by strengthening collaboration with local governments.

Key pointsOn September 11, 2026, VinFast signed strategic memorandums of understanding (MOU) with 13 dealers to establish 27 new showrooms in the Philippines. This plan is a significant step in expanding the sales network for electric vehicles across the country, particularly in the regions of Luzon, Visayas, and Mindanao. It is expected that VinFast will enter new markets in addition to major cities like Metro Manila and Cebu.
Business impactJapanese companies need to monitor the rising demand for electric vehicles in the Philippine market through VinFast's expansion and reassess their competitive strategies, particularly in developing environmentally friendly products.

Key pointsFTSE Russell has announced the upgrade of Vietnam from frontier market to emerging market status, effective September 21, 2026. This upgrade could lead to billions of dollars in capital inflow into the Vietnamese market, but maintaining international investment remains a challenge.
Business impactFor Japanese companies, the increase in capital inflow may expand investment opportunities, but it could also intensify competition, necessitating a review of strategies.

Key pointsA significant sell-off occurred in Vietnam's stock market, causing the VN-Index to drop sharply. Trading volume on the Ho Chi Minh Stock Exchange (HOSE) increased by 36% compared to the previous day, reaching a high not seen in seven trading days. Notably, 59% of trading concentrated in the afternoon session as investors moved to liquidate stocks to realize losses. Market caution intensified, leading to a rapid decline in stock prices.
Business impactFor Japanese companies, the short-term drop in stock prices has minimal direct impact, but attention is needed regarding funding costs and investor sentiment. It is essential to monitor market trends and strengthen risk management.