Ho Chi Minh City Digitizes Four Administrative Procedures

Key pointsHo Chi Minh City has digitized four administrative procedures, including birth registration, permanent residence registration, issuance of health insurance cards, and identity cards for children under six years old. This allows for online processing, which is expected to expedite the procedures.
Business impactJapanese companies can utilize the digitized procedures to enhance the efficiency of administrative tasks, leading to faster business operations.

Key pointsHo Chi Minh City has reviewed the conditions for land division and announced a new minimum division area of 36 square meters. This new land policy, effective from January 1, 2026, aims to meet the actual needs of social security, including significant changes related to land recovery, resettlement, and urban development. Improved efficiency in land use is expected as a result.
Business impactJapanese companies need to understand the new regulations regarding land use and consider appropriate responses, especially in real estate development and investment planning. It is crucial to reassess strategies for land acquisition and use before the new policies take effect.

Key pointsOn National Day 2026, 15,500 technicians and workers celebrated at the APEC construction site in Phu Quoc in a special manner. They sang the national anthem and continued working despite the holiday. The site expressed patriotism through sweat, responsibility, and anticipation for APEC 2027.
Business impactSuch celebrations on National Day can boost worker morale and positively impact project progress. Japanese companies should also respect local culture and holidays while striving to improve the working environment.

Key pointsAirstrikes have resumed between the United States and Iran, causing a sharp increase in oil prices. This has led to a decline in the US stock market and heightened geopolitical risks. As Vietnam imports oil, there are concerns about rising prices and impacts on growth rates, particularly with potential increased investment in energy-related sectors.
Business impactFor Japanese companies, rising oil prices mean increased energy costs and logistics expenses, which could affect manufacturing supply chains. It is essential to monitor market trends and consider appropriate responses.

Key pointsInternational gold prices have fallen to a two-week low due to concerns over rising interest rates. In August, gold prices rose by 10%, marking the largest monthly increase of the year, but short-term expectations of interest rate hikes are diminishing gold's appeal. In the Vietnamese economy, fluctuations in gold prices affect personal asset allocation and investment sentiment. Notably, the decline in gold prices may encourage capital inflows into the stock market; however, rising interest rate concerns could pose headwinds for the stock market.
Business impactFor Japanese companies, fluctuations in exchange rates and financing costs due to interest rate expectations may have indirect effects. Particularly when considering investments in the Vietnamese stock market, it is important to balance gold and dong-denominated assets in asset allocation.

Key pointsAs Vietnam approaches its National Day on September 2, 2026, major transportation infrastructure projects are seeing thousands of engineers and workers on-site, operating in three shifts to expedite construction. The government has made new decisions to ensure the swift implementation of projects leading up to APEC 2027, securing progress and aiming for timely completion.
Business impactFor Japanese companies, the advancement of infrastructure projects directly impacts logistics and supply chains. Careful attention is needed for scheduling and material procurement, especially in areas where construction is taking place.

Key pointsVietnamese aquaculture operators met with the Dutch Ministry of Agriculture, Nature and Food Quality in The Hague. Both countries share the understanding that the future of the aquaculture industry should be measured not by production volume but by responsible production methods. Vietnam aims for approximately 7 million tons of production by 2030, emphasizing environmental protection and efficient resource use. The Dutch side highlighted that sustainable production and technological innovation are key.
Business impactJapanese companies need to pay attention to Vietnam's sustainability efforts in the aquaculture sector and consider business strategies that align with environmental standards and technological innovations. In particular, production methods that prioritize efficient resource use and environmental protection are required.

Key pointsIn Vung Tau, approximately 119,000 tourists enjoyed the beach during a three-day holiday. Notably, around 16,000 visited on the 29th, 55,000 on the 30th, and 48,000 on the 31st. Due to favorable weather and traffic conditions, an increase in tourist numbers is anticipated.
Business impactJapanese companies in the tourism sector need to adjust their services and offerings to meet the changing demand associated with the rising number of tourists. Particularly, with higher occupancy rates in accommodations, effective inventory management is essential.

Key pointsAccording to the Ministry of Industry and Trade of Vietnam, the 'Vietnam International Sourcing' event will be held in Ho Chi Minh City from September 3 to 5, 2026, featuring over 500 international companies participating in B2B matching with Vietnamese exporters. The event will focus on sectors such as food, household goods, and health products, selecting companies that meet sustainable product standards. This presents an opportunity for Vietnamese manufacturers to enhance their competitiveness in the international market.
Business impactFor Japanese companies, this is an excellent opportunity to increase connections with international partners. Given the need for supply chain diversification and adaptation to sustainability standards, it is worth considering participation. Engaging in this event will be crucial for understanding the latest market trends and needs.