Vietnam Market Daily Report — August 16, 2026
Vietnam's benchmark VN-Index closed at 1,729.08 on August 16, 2026, largely unchanged from the previous session.
PV Power (POW) reported Q2/2026 net profit up 387% to about 3,708 billion VND, driven by strong output growth, higher electricity prices, and a one-time FX recovery of about 1,600 billion VND. Core profitability also improved significantly.
CafeF - Doanh nghiệpThe Vietnamese government approved an additional VND 5,000 billion (approx. USD 200 million) from the 2026 state budget to increase Co-opBank's charter capital, strengthening the cooperative banking system.
CafeF - Tài chính ngân hàngFPT Retail and Techcombank signed a strategic cooperation MOU to develop digital financial solutions, including a Buy Now Pay Later service for FPT Shop customers.
CafeF - Tài chính ngân hàngThe gap between domestic and global gold prices in Vietnam is narrowing as gold prices have fallen sharply from their peak, with experts attributing the move to reduced speculative sentiment and changing supply-demand dynamics.
CafeF - Tài chính ngân hàngDomestic gold prices moved mixed for plain rings while SJC gold bars held steady; international gold rose 0.8% for the week to $4,376/oz.
CafeF - Tài chính ngân hàngThe US dollar fell to its lowest level since May 2026 after weaker-than-expected US retail sales data reduced expectations of a Fed rate hike, though the dollar index closed the week nearly unchanged.
CafeF - Tài chính ngân hàngThe central reference rate of VND against USD has declined slightly after a prolonged increase, but pressure on the exchange rate remains due to potential USD strength in the coming months.
CafeF - Tài chính ngân hàng