Vietnam Aims for $10 Billion in Agricultural Exports

Key pointsThe total assets managed by a Vietnamese asset management company have reached 846 trillion VND (approximately $32.5 billion). This expansion indicates the maturity of the Vietnamese economy and reflects the growing interest of domestic and international institutional investors.
Business impactFor Japanese companies, the growth of asset management firms means diversified funding options and increased opportunities for capital partnerships through the stock market. Access to funds via local management companies will become a crucial strategy.

Key pointsVietnam's agricultural exports are performing well, achieving $5.8 billion in the first eight months towards the 2026 target of $10 billion. Ensuring supply, quality, and export procedures will be crucial as the year-end approaches.
Business impactWith the expansion of agricultural exports, understanding related regulations and procedures is necessary. In particular, the export sector must respond quickly to market changes.

Key pointsThe Central Committee of the Communist Party of Vietnam outlined strategic directions to strengthen Vietnam as a maritime nation in Resolution No. 20, announced on July 28, 2026. A target has been set to increase offshore wind power generation capacity from 6GW to 10GW by 2030, which is expected to promote the development of renewable energy and new marine economy industries.
Business impactJapanese companies need to seize new business opportunities arising from the growth of offshore wind power, considering technology provision and investment in projects. It is particularly important to develop strategies to enhance competitiveness in the renewable energy sector.

Key pointsOn September 22, 2026, Vietstar Airlines received its first Airbus A330 at Phu Quoc International Airport. The introduction of this aircraft aims to expand international routes and is seen as a significant event symbolizing the growth of Vietnam's tourism industry. Future development of long-haul routes is anticipated.
Business impactFor Japanese companies, the expansion of tourism infrastructure on Phu Quoc Island presents new business opportunities. In particular, there may be an increase in investment opportunities in aviation-related services and the development of tourism facilities.

Key pointsVietnam's private sector is entering fields such as transportation, energy, and urban infrastructure, which were previously dominated by state-owned enterprises. Vingroup has achieved a record tax payment of 148.773 trillion VND (approximately 1.5 trillion JPY), becoming a symbol of this movement through its operations in 12 countries and large-scale projects. The private sector accounts for about half of GDP, generates over 30% of tax revenue, and creates 82% of employment, establishing its position as a key driver of economic growth.
Business impactVingroup's growth presents new business opportunities for Japanese companies. The expansion of private investment in infrastructure and energy sectors will increase entry opportunities for Japanese firms. It is important to raise interest in upcoming projects and seek strategic partnerships.

Key pointsHCMC is proposing that companies submit plans for the utilization of underground space to facilitate connections. This plan is expected to be implemented within one month after approval from the Mayor of HCMC. The use of underground space is considered a crucial element for urban development, especially as a solution to the severe land shortage.
Business impactJapanese companies should pay attention to new regulations and opportunities regarding underground space development, particularly in the real estate and infrastructure sectors, and prompt responses will be required.