Vietjet and CFM International Sign MoU to Enhance Engine Maintenance in Vietnam

Key pointsVietnam's Vietjet and CFM International signed a Memorandum of Understanding (MoU) during a visit to France to assess and develop maintenance capabilities for CFM LEAP engines. This collaboration aims to evaluate Vietjet's maintenance needs, technical capabilities, infrastructure, equipment, and personnel, contributing to future maintenance solutions. Vietjet is expanding its fleet of next-generation aircraft, which is expected to enhance Vietnam's aviation industry status. CFM's President Gaël Méheust emphasized Vietnam's growth in the aviation market.
Business impactThis MoU directly enhances Vietjet's aircraft maintenance capabilities, aiming for greater efficiency in future aircraft operations. Japanese companies should focus on aviation-related technologies and talent development to explore business opportunities in the Vietnamese market.

Key pointsVietnam is expected to be upgraded to the FTSE Secondary Emerging Market between September 2026 and September 2027. This upgrade is anticipated to attract passive capital inflows, but companies need to gain preference from actively managed emerging market funds to secure long-term funding. Market participants emphasize the importance of corporate governance and the quality of information disclosure.
Business impactFor Japanese companies, the FTSE upgrade signifies an improved fundraising environment, potentially increasing investment momentum around industrial parks in the northern region. Companies need to focus on enhancing information disclosure and governance.

Key pointsOn September 11, 2026, a program hosted by the Asia Foundation in Hanoi discussed the barriers small businesses face in securing funding. It was noted that a lack of transparency and insufficient business data affect companies' credit evaluations. The program emphasized support for businesses to organize their financial documents to meet funding requirements.
Business impactJapanese companies are required to maintain transparent financial management, especially when dealing with small businesses. Proper data management and reporting are crucial during the funding process.

Key pointsThe upgrade of the Vietnamese market by FTSE Russell is expected to attract over $1.8 billion from passive ETFs and up to $8 billion from active funds into the Vietnamese stock market. This upgrade will be implemented gradually starting in September 2026, drawing attention to the significant scale of incoming funds amid rising interest from foreign investors.
Business impactFor Japanese companies, the revitalization of the capital market may lead to an improved fundraising environment. In particular, companies operating in Vietnam may find that increased transparency in the stock market enhances the security of their transactions.

Key pointsDa Nang City has recently welcomed investments from major companies, emphasizing the speed of decision-making as a new attraction due to its geographical advantages and land benefits. Notably, the VSIP Da Nang Industrial Park project was completed in just 57 days from application to investment approval. This rapid process presents a significant advantage for businesses. Da Nang's leaders have stated that a shift towards a growth model based on knowledge and technological innovation is necessary moving forward.
Business impactThe swift decision-making in Da Nang City offers new investment opportunities for Japanese companies. In particular, businesses considering entering industrial parks should leverage the speed of procedures to expedite their operations.

Key pointsSGI Capital has warned that the Vietnamese stock market may enter a downward trend, potentially triggering a chain reaction of deleveraging. With the VN-Index environment becoming uncertain, changes in investor sentiment are a focal point, and maintaining cash and exercising patience are suggested as risk-averse strategies. Structural risks in the market are becoming apparent, particularly due to the inexperience of individual investors.
Business impactFor Japanese companies, while fluctuations in the stock market may have limited direct impact, the stability of the capital market could influence the fundraising environment and investor sentiment. Companies building supply chains in the manufacturing sector should pay close attention to market psychological trends.