Vietnam Market Daily Report — September 20, 2026
Vietnam's benchmark VN-Index closed at 1,815.66 on September 20, 2026, largely unchanged from the previous session.
Dien Quang Group (DQC) reported audited 2025 consolidated net profit of nearly 4.9 billion VND, down 58% from pre-audit figures, and was fined 150 million VND by the State Securities Commission for disclosing inaccurate profit information.
CafeF - Doanh nghiệpVietnam Airlines reported a Q2/2026 net loss of 792 billion VND despite 37% revenue growth, as jet fuel prices surged; BSC forecasts 2026 profit to fall 85% and notes operations are only efficient below $135/barrel Jet A1.
CafeF - Doanh nghiệpThe Fed raised its policy rate by 25 basis points to 3.75%-4.0%, its first hike since July 2023, signaling a higher-for-longer rate path that could keep foreign capital flows into Vietnamese stocks subdued in the short term.
VnEconomy - Chứng khoánThe Department of Land Management has instructed localities to review, standardize, and submit cadastral map data on the LANDINFO system before September 30, 2026, as part of efforts to complete the national land database.
CafeF - Bất động sảnThe State Audit Office proposed raising the minimum equity ratio and reducing reliance on credit for real estate projects to lower housing prices. Experts argue that higher equity requirements may not reduce prices and could constrain supply, especially for smaller developers.
CafeF - Bất động sảnAverage lending rates rose to 10.7% in August, up 0.2 percentage points from July and about 3 percentage points year-on-year, as banks pass on higher deposit costs. Deposit rates have also climbed, with 6-12 month rates reaching 8% and longer tenors 8.1%.
VnExpress - Kinh doanhGlobal central banks including the ECB, Fed, and BoJ have raised interest rates, creating pressure on Vietnam's exchange rate, capital flows, and inflation. The article discusses the challenge for Vietnam's monetary policy to balance growth, inflation control, and banking system safety.
CafeF - Tài chính ngân hàngThe Vietnamese government approved a plan to modernize the banking system, requiring credit institutions to stop concentrating lending on large corporate groups, 'ecosystem' or 'backyard' projects that pose systemic risk, and to strengthen supervision of weak institutions.
CafeF - Doanh nghiệpHoa Phat Group has proposed expanding its Dung Quat railway steel and special steel project with an additional VND 20,000 billion (approx. USD 800 million) investment and 2 million tonnes per year of new capacity, which would nearly triple the initial scale.
CafeF - Bất động sảnVietnam's total import-export turnover exceeded 825 billion USD by mid-September, up nearly 30% year-on-year, led by computers, electronics and components at 110 billion USD, though the trade balance showed a 23.5 billion USD deficit.
CafeF - Vĩ mô đầu tưFTSE Russell will upgrade Vietnam's stock market from frontier to secondary emerging market status effective September 21, 2026, with inclusion in the FTSE Global Equity Index Series phased over four tranches through September 2027, potentially attracting billions of USD in international capital.
CafeF - Thị trường chứng khoánFTSE Russell is expected to upgrade Vietnam to Secondary Emerging Market status on September 21, potentially attracting about $1.5 billion in passive foreign capital over the next 12 months. The upgrade is seen as a long-term catalyst for continued market reforms and higher operational standards.
CafeF - Thị trường chứng khoánThe Vietnamese government approved a plan to modernize the banking system by 2030, aiming to resolve weak credit institutions, end concentrated 'backyard' lending to large conglomerates, and improve access to capital for SMEs.
CafeF - Tài chính ngân hàngThe State Bank of Vietnam will establish an asset management company with charter capital of VND 5,000 billion to handle bad debts and promote reasonable credit growth, under Decree 359/2026/ND-CP.
CafeF - Tài chính ngân hàngVietnam's comprehensive salary reform plan is expected to be submitted to the Politburo in February 2027 and approved at the 5th Central Committee meeting in March 2027, with teacher salary and allowance policies to follow.
CafeF - Vĩ mô đầu tư