Vietnam Market Daily Report — May 22, 2026
Vietnam's benchmark VN-Index closed at 1,872.59 on May 22, 2026, largely unchanged from the previous session.
VietinBank reported strong Q1 2026 results with pre-tax profit up 63.3% YoY to VND 11.1 trillion, total assets up 5.7% and NIM improving to 2.82%.
CafeF - Tài chính ngân hàngThe State Bank of Vietnam intensifies inspections of commercial banks' interest rate reductions amid rising deposit rates, signaling determination to control lending rates and support economic growth, while facing global inflationary pressures and a strong USD.
CafeF - Tài chính ngân hàngThe State Bank of Vietnam has ordered regional branches to meet with commercial banks to enforce interest rate cuts, warning against rate hikes that undermine policy. Some banks have raised deposit rates by 0.1-0.2% recently.
VnExpress - Kinh doanhThe State Bank of Vietnam has issued a directive requiring regional branches to inspect commercial banks that are raising deposit rates, amid a widening gap between credit growth (18.3%) and deposit growth (14.9%), putting pressure on liquidity and potentially raising lending rates.
CafeF - Tài chính ngân hàngThe State Bank of Vietnam has ordered regional directors to meet with commercial bank branches to enforce the governor's directive to lower interest rates, and to inspect compliance. Some banks have been raising deposit rates, prompting this second crackdown in a month.
VnExpress - Kinh doanhMBS completed a public offering of 333.64 million shares, raising VND 3,336.5 billion and increasing charter capital to over VND 10,000 billion. The funds will be used for proprietary trading and margin lending.
CafeF - Thị trường chứng khoánVietnam's tax authority has abolished monthly personal income tax declarations for salary and wage income, switching to quarterly declarations starting from the April 2026 tax period, reducing administrative burden for businesses and taxpayers.
CafeF - Vĩ mô đầu tưThe State Bank of Vietnam issued Circulars 50 and 77 requiring business household accounts to use biometric verification via chip-embedded ID cards or VNeID for withdrawals and transfers, aiming to reduce fraud. The article also highlights digital payment growth and cross-border QR payment expansion.
CafeF - Tài chính ngân hàngThe Ministry of Finance clarifies that the personal income tax on gold bar transfers will only be implemented after the State Bank establishes a gold exchange platform, so no detailed tax regulations are included in the current draft decree.
CafeF - Tài chính ngân hàngThe Ministry of Finance proposes that personal income tax on real estate transfers be based on the contract price, but if the declared price is lower than the government land price table, the state's price framework will be applied.
CafeF - Bất động sảnVietnam's E-commerce and Digital Economy Department has requested e-commerce platforms to review their fee policies for transparency and reasonableness, following recent fee increases by Shopee, TikTok Shop, and Lazada that pressure small sellers.
CafeF - Vĩ mô đầu tưThe Ministry of Finance proposes mandatory biometric authentication for securities account withdrawals and transfers of 10 million VND or more, and facial biometric authentication for online securities trading at least once per login session.
CafeF - Thị trường chứng khoánVietnam's Government issued Decree 85/2026 on supplementary pension insurance, expanding the voluntary pension fund market. Total net asset value of 7 funds managed by 4 firms reached nearly 2,210 billion VND (88.4 million USD) by end of 2025, up 53% from 2024.
CafeF - Thị trường chứng khoánDien May Xanh (DMX), a subsidiary of Mobile World Group, plans to raise over VND 14,360 billion (approx. USD 574 million) through an IPO, with shares priced at VND 80,000 each, aiming for a listing in early August.
VnExpress - Kinh doanhPhat Dat (PDR) is reported to have invested about 35% equity in the Thu Thiem Eco Smart City mega project worth 50,000 billion VND, following its divestment of 30% capital in Tam Hiep. The deal is unconfirmed and based on anonymous sources.
CafeF - Doanh nghiệp