Vietnam and Austria Strengthen Cooperation in Financial Market Oversight

Key pointsIn FLC's large-scale urban development project, local authorities are seeking solutions to financial, land, and infrastructure issues. On September 15, FLC reported delays in fulfilling financial obligations and completing procedures. Local governments are urging FLC to meet conditions for issuing land use rights certificates to over 1,000 investors.
Business impactThe progress of this project indicates potential risks for real estate investments by Japanese companies. In particular, firms associated with FLC are advised to closely monitor developments and take necessary measures.

Key pointsOn September 16, 2023, Vingroup held a groundbreaking ceremony for the new urban development project 'Vinhomes King Park' in Bac Ninh Province. The project spans approximately 270 hectares and is planned with a construction density of less than 20%, connecting to nearby administrative, industrial, and commercial areas. It will include residential, commercial facilities, and public spaces, with expectations to enhance local infrastructure.
Business impactThis project presents new business opportunities for Japanese companies, particularly in the real estate and construction sectors, potentially creating new investment prospects.

Key pointsOn September 14, 2023, police in Bac Ninh Province issued an arrest warrant for Bùi Bá Hiến, the CEO of Box Việt Nam, on charges of copyright infringement. Bùi Bá Hiến is being pursued under Article 225, Clause 2 of the Copyright Law. Box Việt Nam is known for providing services related to gaming and e-sports, particularly holding broadcasting rights for 'League of Legends'.
Business impactThis incident highlights legal risks related to copyright, emphasizing the need for Japanese companies to ensure compliance with regulations regarding content use in Vietnam.

Key pointsOn September 15, 2026, in Vienna, Vietnam's Deputy Minister of Finance, Nguyen Duc Chi, met with the new CEO of the Austrian Financial Market Authority (FMA), Mariana Künel, to exchange experiences on financial market management and oversight. The two countries also discussed future cooperation directions.
Business impactThis strengthened cooperation may contribute to improving the transparency of Vietnam's financial market and regulatory framework, which is expected to enhance the investment environment for Japanese companies.

Key pointsThe tax authorities in Ho Chi Minh City have set the personal income tax rate for affiliate activities on the TikTok platform at 2%, requiring the issuance of electronic invoices upon service completion or receipt of payment. Additionally, a 5% tax rate applies to advertising income from live streaming on TikTok. These guidelines are based on the personal income tax law of 2025 and related decrees of 2026.
Business impactJapanese companies need to understand the new invoicing process and apply the appropriate tax rates to ensure tax compliance when considering marketing strategies using TikTok.

Japanese business summary. Read the original source for the source language.

Key pointsCITIGYMは、2026年10月1日からホーチミン市のVạn Hạnh MallとĐiện Biên Phủの2店舗を一時閉鎖することを発表しました。
Business impact日本企業にとって、フィットネス業界の動向は、従業員の健康管理や福利厚生に影響を与えるため、注視が必要です。

Key pointsFTSE Russell has announced that Vietnam will be upgraded to emerging market status starting September 21, 2026, with 27 stocks being added to the FTSE Global All Cap index. This change is expected to attract international capital into the Vietnamese market.
Business impactFor Japanese companies, the influx of international capital into the Vietnamese market signifies expanded business opportunities. In particular, the stocks added to the FTSE Global All Cap should be closely monitored.

Key pointsVanEck Index, a U.S. asset management company, has selected SeABank (SSB) shares as a new component of the VNM ETF. This ETF has assets under management exceeding $500 million, providing foreign investors with a new investment channel into the Vietnamese stock market. SSB is the only newly added stock, which may increase overall attention on bank stocks.
Business impactFor Japanese companies, the increased presence of local banks in the capital market expands options for selecting financial partners. In particular, the inclusion of mid-sized banks like SSB in international indices is expected to enhance their credibility.

Key pointsIn Binh Thuan Province, southern Vietnam, the price of dragon fruit has plummeted to 2,000 to 7,000 VND (approximately 12 to 42 JPY) per kilogram during the shipping period leading up to the Mid-Autumn Festival. This situation is caused by oversupply and decreased demand, forcing many farmers to sell below production costs. This phenomenon highlights the vulnerability of Vietnam's agriculture, which is heavily reliant on exports.
Business impactFor Japanese companies, the quality and stability of supply of Vietnamese agricultural products significantly impact procurement strategies. Particularly, the vulnerabilities in the agricultural supply chain pose risks for companies with local production bases, necessitating close attention to future market trends.

Key pointsThe water source of Dau Tien Lake plays a crucial role in agricultural production. Residents utilize this water for the cultivation of fruits and aquaculture, significantly increasing their income. In particular, stable water supply enhances productivity in fruit farming, leading to higher earnings for farmers.
Business impactWater resource management is essential for agriculture-related businesses. Japanese companies are expected to explore sustainable water usage methods and contribute to local agricultural production, fulfilling their social responsibilities.