200 Companies Contribute Over 37% to National Budget

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

Key points国営投資資本管理会社（SCIC）は、Seaprodexの全株式を売却することを決定しました。Seaprodexは、ホーチミン市の貴重な土地を所有しており、株式の売却は9月29日に行われる予定です。
Business impact日本企業は本件の動向を注視し、関連する取引・契約・現地実務への影響を確認しておくとよいでしょう。

Key pointsOn September 15, 2026, a ceremony in Hanoi recognized 200 companies that significantly contributed to Vietnam's national budget. Among these, 99 are private companies, 73 are state-owned enterprises, and 28 are foreign or joint-venture companies. This indicates that over 37% of the national budget is funded by these companies.
Business impactThis information serves as a benchmark for Japanese companies to enhance their competitiveness in the market. In particular, a review of tax strategies and financing approaches may be necessary.

Key pointsIn Vietnam, there has been an increase in cases of personal information being misused to register companies and business representatives. In response, the tax authorities have launched a 'Tax Number Cleanup' campaign aimed at protecting victims and clarifying the responsibilities of illegally established entities. The newly introduced eTax Mobile app now allows individuals to check if their names are registered with any companies and report issues.
Business impactThis initiative clarifies corporate legal responsibilities and strengthens tax compliance, prompting Japanese companies to regularly verify their registration information and ensure proper management.

Key pointsVietnamese oil service company PTSC (HNX: PVS) announced that its subsidiary PTSC M&C has received a bid notification from Qatar Energy. The contract is expected to be formally signed in October 2026 and involves the Maydan Mahzam redevelopment project, providing services such as design, procurement, construction, offshore installation, and commissioning. VCI estimates the contract value at approximately $3 billion.
Business impactWinning this contract demonstrates PVS's international competitiveness and creates future growth opportunities. Japanese companies need to reassess their strategies when participating in similar international bids.

Key pointsIn the week leading up to the upgrade of Vietnam's securities market by FTSE Russell, foreign investors purchased over 30 million shares, marking the highest level since April. This is seen as a sign of improved liquidity in the securities market, particularly with bank stocks gaining popularity, and the VN-Index rising by 23 points.
Business impactJapanese companies need to identify investment opportunities in light of the improved liquidity in the securities market. It is particularly important to monitor trends in bank stocks and consider portfolio adjustments.

Key pointsThe toll collection for the Can Tho - Ca Mau Expressway has been postponed to September 15, 2026, due to incomplete construction and inadequate toll booth facilities. This expressway plays a crucial role in the logistics infrastructure of southern Vietnam, and the delay raises concerns about the progress of infrastructure development. The impact is significant, especially for the Mekong Delta region, which is a major production area for agricultural and aquatic products, as reduced logistics costs are anticipated.
Business impactJapanese companies may need to reassess logistics costs and delivery management. Companies involved in agricultural processing and light industry should closely monitor the progress of infrastructure development.