Vietnam Market Daily Report — August 20, 2026
Vietnam's benchmark VN-Index closed at 1,736.45 on August 20, 2026, largely unchanged from the previous session.
Vietnamese banks are shifting real estate credit toward projects with clear legal status, while mortgage rates have risen sharply, and the central bank signals it will adjust credit growth targets for banks that do not comply with rate guidance.
CafeF - Bất động sảnThe National Assembly is discussing the integration of four national target programs into one program for 2026-2035, with total resources of about 808,558 billion VND, focusing on administrative reorganization without changing objectives.
CafeF - Vĩ mô đầu tưVietnam's revised Petroleum Law draft aims to streamline procedures, decentralize approvals, and improve project economics, potentially benefiting listed oil & gas companies. Recent positive exploration results in the Cuu Long and Nam Con Son basins also support reserve additions.
VnEconomy - Chứng khoánGlobal gold prices surged to $4,500/oz, up over $150, after the US Treasury announced plans to double its long-duration bond buybacks, boosting domestic gold prices at major Vietnamese retailers.
CafeF - Tài chính ngân hàngGlobal gold prices surged above $4,500 per ounce, hitting a 2.5-month high, driven by falling US Treasury yields and a weaker US dollar.
VnExpress - Kinh doanhThe world's largest gold ETF, SPDR Gold Trust, bought nearly 10 tonnes of gold in one day, lifting its holdings to 1,034 tonnes, as gold prices surged over 4% to above $4,500/oz on falling US Treasury yields and a weaker dollar.
CafeF - Thị trường chứng khoánPVTrans is seeking shareholder approval to appoint new CEO Nguyen Thanh Binh to the board, replacing Tran Ngoc Nguyen who resigned. The company reported strong Q2 results with revenue up 32% and net profit up 88% year-on-year.
CafeF - Doanh nghiệpGEIT and Hoa Sen Group broke ground on their 10th rooftop solar project, expanding their partnership and GEIT's C&I solar portfolio.
CafeF - Vĩ mô đầu tưGlobal gold prices surged nearly $200/oz to $4,524/oz after the US Treasury announced increased market liquidity, driving down Treasury yields and the dollar. This is a positive signal for gold and related Vietnamese sectors.
VnEconomy - Chứng khoánATT Vietnam has launched Vietnam's first DOOH OpenPath integration with The Trade Desk, enabling direct programmatic access to its 6,800+ digital screens nationwide.
VnExpress International - BusinessHSC maintains a 15% profit growth forecast for the banking sector in 2026, but expects NIM to be difficult to expand in the second half, with rising asset quality risks favoring large banks with low funding costs.
CafeF - Tài chính ngân hàng