Tax Authority: Do Not Neglect Tax Numbers During Business Suspension

Key pointsThe Vietnamese tax authority warns that tax obligations do not cease even if a business is actually suspended. Taxpayers must follow proper procedures when temporarily halting or closing their business. It is particularly important to ensure that tax number information is accurate and to check for any unpaid taxes or penalties. There may still be obligations for tax declarations and invoice issuance during the suspension period, so caution is required.
Business impactJapanese companies risk incurring unpaid taxes if they neglect tax procedures during business suspension in Vietnam. It is crucial for the finance department to thoroughly verify tax number management and declaration obligations and to carry out the appropriate procedures.

Key pointsSaigon Station has started selling tickets for the 2027 Tet Nguyen Dan, with approximately 300,000 tickets available. Sales began on August 30, and ticket sales are also ongoing after the summer peak.
Business impactTransportation arrangements during Tet are crucial, and Japanese companies need to plan employee travel well in advance.

Key pointsVietnam's coffee exports are increasing as deep processing of Robusta coffee advances. Notably, Intimex's factory operates 24/7, expanding its annual production capacity from 4,000 tons to 10,000 tons. Officials from the Ministry of Agriculture state that improving quality and adopting technology are essential for strengthening Vietnam's position as a coffee-producing country. This transformation is shifting Vietnam from a mere raw material supplier to a hub for high-value products.
Business impactFor Japanese companies, the changes in Vietnam's coffee market present new business opportunities in raw material procurement and product development. As demand for deep-processed products rises, quality control and technological partnerships will become critical factors.

Key pointsThe Ho Chi Minh Stock Exchange (HOSE) has increased the number of stocks suspended from margin trading to 69 as of September 3, 2026, adding five new stocks. The affected stocks include APG, APH, DQC, DGC, and HVN, due to deteriorating financial conditions and failure to disclose information. This regulatory tightening reflects the vulnerabilities in the Vietnamese economy and may impact investor confidence.
Business impactFor Japanese companies, this measure has a minor direct impact, but it serves as an important indicator for assessing the financial health of business partners. Regularly checking the trends of the list of stocks excluded from margin trading can aid in risk management.

Key pointsAgriS has nearly severed economic transactions with Toàn Hải Vân, the major shareholder of TTC Phu Quoc, and is withdrawing its funds. TTC Phu Quoc is planning new fundraising efforts, but AgriS will not participate and is focusing on recovering funds from past transactions. This indicates a shift in AgriS's investment strategy, drawing attention to future developments.
Business impactJapanese companies should closely monitor AgriS's movements and reassess the risks associated with their investments. Companies engaged with AgriS may need to be cautious as this could impact future fundraising and project progress.

Key pointsThe Vietnamese government is advancing the revision of the securities law, with the Deputy Prime Minister directing the need for consistency in the legal framework and continuity in enforcement. Ensuring stable market operations is deemed the top priority, with careful attention paid to the alignment with existing laws and the design of transitional measures. This is expected to enhance the transparency of Vietnam's investment environment.
Business impactFor Japanese companies, the stability of the securities market's legal system is a crucial factor in investment decisions. Particularly, when local subsidiaries in the supply chain consider going public, the transparency of the legal system directly impacts their fundraising strategies, necessitating careful consideration.

Key pointsBac Ninh Province is enhancing connections in supply chain, logistics, import-export, and e-commerce by leveraging its geographical advantages and industrial capabilities. This aims to boost local companies' competitiveness and facilitate entry into global value chains. Additionally, it is expanding cooperation through trade promotion activities.
Business impactFor Japanese companies, the strengthening of the supply chain in Bac Ninh Province may lead to reduced logistics costs and the creation of new business opportunities. Particularly, the manufacturing and trade sectors need to closely monitor regional trends.