Vietnam Market Daily Report — September 12, 2026
Vietnam's benchmark VN-Index closed at 1,795.21 on September 12, 2026, largely unchanged from the previous session.
At a Hanoi conference on financial and banking resource mobilization for 2026-2030, SBV Governor Pham Duc An stated that bank credit cannot and should not be the sole funding source for all development needs, calling for a balanced mix of equity, bank credit, public investment, PPP, capital markets and ODA. He noted system-wide credit outstanding reached about 20.5 quadrillion VND as of August 28, 2026, up 10.24% from end-2025.
CafeF - Tài chính ngân hàngInterbank liquidity pressure has eased as deposit growth (8.77% YTD) outpaced credit growth (8.38%), but deposit rates remain elevated, with 6-12 month rates around 7.8%/year and some banks offering up to 9.7-10%/year for large long-term deposits.
CafeF - Tài chính ngân hàngInvestors increasingly expect Fed Chair Kevin Warsh to raise interest rates at the September 16 policy meeting after the latest inflation data failed to ease concerns that price pressures will soon cool.
Vietstock - Cổ phiếuHo Chi Minh City is pushing to complete investment procedures for the Thu Thiem - Long Thanh metro line under an urgent case, with a proposal expected in September 2026. The 47 km line, proposed by Dai Quang Minh Real Estate Investment JSC, is planned for 2026-2030.
CafeF - Bất động sảnHanoi's banking system accounts for over 37% of national capital mobilization and about 31% of total outstanding loans, with credit in the city rising 13.05% in the first eight months, higher than the system-wide average. The State Bank governor urged Hanoi authorities to remove bottlenecks in planning, investment procedures, land, and site clearance to accelerate credit disbursement.
CafeF - Tài chính ngân hàngExperts remain divided on whether the Fed will raise interest rates next week, though August CPI and PPI data showing renewed inflation have increased market expectations for a 25 basis point hike.
CafeF - Tài chính ngân hàngAgribank launched a 2026 preferential credit program for manufacturing and processing enterprises, offering interest rate reductions of 0.5-1.0% per year across four customer segments with total disbursement of hundreds of trillions of VND.
CafeF - Tài chính ngân hàngThe Government issued Decree 351 restructuring the Ministry of Industry and Trade, reducing its organizational units to 21 and reorganizing departments covering energy, minerals, science and technology, and trade.
CafeF - Vĩ mô đầu tưVietnam's public investment disbursement reached over 513,300 billion VND by early September, equal to 50.2% of the annual plan assigned by the Prime Minister, with 24 ministries and 17 localities lagging behind the national average.
VnExpress - Kinh doanhHo Chi Minh City approved a plan to develop concentrated digital technology parks on 750-1,000 hectares of land during 2026-2030, requiring about US$400 million in state capital and US$3.6-4 billion in private investment.
CafeF - Bất động sảnHoREA submitted comprehensive comments on the draft amended Housing Law, proposing a legal framework for 'affordable commercial housing', preferential credit, and management policies for long-term rental housing to cool down home prices.
CafeF - Bất động sảnUS August CPI rose 3.4% year-on-year, keeping inflation elevated and raising expectations that the Fed will hike rates at next week's meeting, with market-implied odds at 91%.
VnExpress - Kinh doanhDeputy Prime Minister Pham Thi Thanh Tra chaired a meeting on amendments to several health-related laws, directing the Ministry of Health to reduce intermediary layers, ensure price transparency, and strengthen data management for medical equipment distribution. The Ministry of Health is drafting a dedicated Medical Equipment Law expected to be submitted to the National Assembly in October 2027.
CafeF - Vĩ mô đầu tưVietnam's National Competition Commission is reviewing Grab's fare, fee, and commission policies after drivers threatened a strike over low pay and high deductions. The regulator has requested documents from Grab and other ride-hailing platforms to assess potential competition law violations.
VnExpress International - BusinessSCIC plans to auction its entire 63.38% stake in Seaprodex (SEA) on September 29, 2026, at a starting price of over 8,509 billion VND (~340 million USD), valuing the company at over 13,400 billion VND. Novaland-related shareholders currently hold about 32.47% and are seen as potential bidders.
CafeF - Doanh nghiệp