Railway Ticket Sales for Tet 2027 Begin

Key pointsVietnam Railways will start selling approximately 300,000 tickets from September 5, 2026, for Tet (Lunar New Year) 2027. A total of 57 trains will operate, with over 800 carriages prepared. Discounts for passengers will also be implemented, aiming to facilitate smoother travel during the Tet period.
Business impactDue to expected congestion in transportation during Tet, Japanese companies need to plan employee vacation schedules early. Particularly, adjustments in logistics and business trip schedules are crucial.

Key pointsThe Vietnamese railway industry has officially begun selling over 300,000 tickets across all sales channels for Tet Nguyen Dan (Lunar New Year) 2027, starting from 8 AM on September 5, 2026, in response to rising demand.
Business impactWith increased travel demand during Tet, Japanese companies need to adjust employee travel plans and logistics. It is particularly important for businesses affected by Tet to implement measures early.

Key pointsThe Norwegian government fund is considering reducing its holdings of US Treasuries. This move may change global capital allocation and impact capital inflows into emerging markets. Foreign investor trends are particularly noteworthy for the Vietnamese economy.
Business impactFor Japanese companies, the actions of the Norwegian government fund will affect the investment environment in Vietnam, necessitating close attention to capital inflow trends, especially in the manufacturing and financial sectors.

Key pointsThe Ninh Thuan 1 project, Vietnam's first nuclear power plant, presents a significant opportunity to ensure national energy security and achieve emission reduction targets. However, there are many technical and legal challenges, and EVN is advancing comprehensive preparations. In particular, the establishment of a legal framework, funding models, and the development of specialized human resources are required.
Business impactJapanese companies need to pay attention to nuclear-related regulations and human resource development, and consider participation opportunities in the project.

Key pointsUS employment statistics exceeded market expectations, strengthening speculation of an interest rate hike by the Federal Reserve, leading to a sharp decline in international gold prices. The world's largest gold ETF, SPDR Gold Trust, continues to sell off gold, which may also affect the Vietnamese economy. The drop in gold prices is expected to impact Vietnam's export industries and prices through pressure on the dong and capital flows.
Business impactFor Japanese companies, changes in US monetary policy will affect the dong exchange rate and financing costs, requiring particular attention from finance departments. The trend in gold prices is also related to raw material procurement and exchange rate risks in manufacturing, making it important to monitor future developments.

Key pointsAkasa Air, an Indian airline, has launched a direct flight between Mumbai and Hanoi, operating four times a week. This service is expected to strengthen connections between the two cities and promote tourism, trade, investment, and economic cooperation. Hanoi serves as a significant political, economic, and cultural hub for India, contributing to the strengthening of bilateral relations.
Business impactJapanese companies will benefit from easier access to the Indian market, leading to increased trade and investment opportunities, particularly in logistics and tourism sectors.

Key pointsVietnamese government bonds have shown relatively stable movements amid global selling pressure. Notably, the yields on 2-year and 10-year government bonds have decreased to 3.87% and 4.43%, respectively. This contrasts with the yields on government bonds in Japan and Western countries, which have reached their highest levels in decades. Specifically, Japan's 10-year government bond yield has hit 3%, the highest since 1996. The yields on Vietnamese government bonds remain lower than historical levels, reflecting a stable fiscal situation.
Business impactFor Japanese companies, the stability of the Vietnamese government bond market is a crucial factor in financing and investment strategies. Companies considering long-term investments need to closely monitor the trends in Vietnamese government bond yields and manage risks accordingly.