Vietnam Market Daily Report — August 20, 2026
Vietnam's benchmark VN-Index closed at 1,729.60 on August 20, 2026, largely unchanged from the previous session.
The National Assembly is discussing amendments to three real estate-related laws (Land Law, Real Estate Business Law, Housing Law) that could change land pricing, condominium tenure, and compensation for land acquisition, potentially affecting developers and homebuyers.
VnExpress - Kinh doanhThe 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 Ministry of Industry and Trade and Ministry of Finance raised domestic fuel prices, with gasoline and diesel increasing by 550-1,310 VND per liter/kg, following global energy market movements.
VnExpress - Kinh doanhThe State Bank of Vietnam announced it will provide refinancing to commercial banks to support liquidity and has reported to the Prime Minister a plan for a 50,000 billion VND refinancing mechanism to support rental housing development.
CafeF - Tài chính ngân hàngThe Vietnamese government proposes a 30% tax reduction for individual business households and enterprises with annual revenue up to VND 10 billion for tax years 2026 and 2027, expected to reduce state budget revenue by about VND 3,191 billion in 2026 and VND 3,510 billion in 2027.
VnExpress - Kinh doanhThe Prime Minister announced plans to restructure over 800 trillion VND in national target program resources, shifting from over 40% recurrent spending to about 75% investment and 25% recurrent spending.
CafeF - Vĩ mô đầu tưThe Ministry of Industry and Trade has published a draft decree on petroleum trading that shifts to a market-based pricing mechanism, giving enterprises more autonomy and tightening entry conditions, which is expected to benefit major wholesalers like PLX and OIL.
VnEconomy - Chứng khoánThe State Bank of Vietnam announced it will provide refinancing to commercial banks to support liquidity, while maintaining flexible monetary policy and monitoring interest rates and exchange rates in the coming months.
CafeF - Tài chính ngân hàngThe Vietnamese government proposed amendments to the 2024 Land Law, prioritizing compensation with on-site land or housing for people whose land is expropriated, as part of broader land policy reforms.
CafeF - Bất động sảnThe Vietnamese government proposes a 30% tax reduction for individual businesses and enterprises with annual revenue up to 10 billion VND for tax years 2026 and 2027, aiming to boost disposable income and business investment.
VnExpress - Kinh doanhThe Vietnamese government proposes a 30% reduction in personal and corporate income tax for households and businesses with annual revenue up to VND 10 billion for tax years 2026-2027, aiming to support reinvestment and production expansion.
CafeF - Tài chính ngân hàngVietnamese 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 sảnVietnam'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 khoánKhang Dien House (KDH) established a wholly-owned subsidiary with charter capital of VND 2,500 billion to execute a BT contract for the urban renovation project in Ma Lang and Cho Ga - Gao areas in HCMC, with total investment of about VND 16,370 billion.
CafeF - Bất động sảnForeign ETFs with nearly $1B AUM will rebalance in September, with MBS forecasting additions like MCH, TCX, VCK for Xtrackers and SSB, CII for VanEck, while VIC, SSI, VIX, SBT, VCI face selling. ETFs have seen net outflows of over VND 5.4 trillion year-to-date.
CafeF - Thị trường chứng khoán