Vietnam Market Daily Report — September 21, 2026
Vietnam's benchmark VN-Index closed at 1,793.41 on September 21, 2026, largely unchanged from the previous session.
Saigontourist, the state-owned tourism group owning historic hotels like Rex, Continental, and Majestic in Ho Chi Minh City, reported H1 2026 net profit up over 67% year-on-year to nearly 507 billion VND, with revenue rising about 9% to nearly 3,389 billion VND.
CafeF - Doanh nghiệpMasan (MSN) reported 8-month 2026 net revenue of VND 77,023 billion, up 52% year-on-year, and after-tax profit of VND 8,518 billion, about 2.2 times the same period last year, completing 73-79% of its 2026 revenue plan.
CafeF - Doanh nghiệpPhat Dat (PDR) and Lotte will break ground on the Lotte Eco Smart City Thu Thiem project on October 23, 2026, with total investment of about VND 60,000 billion, of which Phat Dat contributes over VND 10,000 billion.
CafeF - Doanh nghiệpMajor central banks including the BOJ, Fed, and ECB are tightening monetary policy amid rising inflation and energy prices, with the Fed raising rates by 25 basis points and markets expecting further hikes this year.
VnExpress - Kinh doanhThe State Bank of Vietnam drained over 62,500 billion VND from the market via open market operations during the week the Fed raised rates by 25 basis points for the first time in over three years, pushing up interbank VND rates and the USD/VND exchange rate.
CafeF - Tài chính ngân hàngThe State Bank of Vietnam reopened a 7-day USD/VND forex swap channel with credit institutions, offering a maximum scale of USD 2 billion (about VND 48,812 billion) to inject short-term VND liquidity amid rising interbank rates and USD/VND pressure.
CafeF - Tài chính ngân hàngVietnam's stock market was officially included in FTSE Russell's global equity indices on September 21, a milestone expected to attract up to $6 billion in new foreign capital, with Vanguard planning to raise its Vietnam investment to about $2.5 billion.
CafeF - Thị trường chứng khoánFTSE Russell will upgrade Vietnam from Frontier to Secondary Emerging Market on 21/09/2026, potentially attracting 7-9 billion USD of foreign capital over 1-2 years, including 2-3 billion USD of mandatory passive inflows. Analysts see this as a major re-rating catalyst for 2026-2027, though historical cases show much of the rally may already be priced in.
Vietstock - Cổ phiếuDeputy Minister Le Xuan Dinh called for completing the legal framework, workforce training, and supporting industry development to implement Vietnam's nuclear power program, including the Ninh Thuan plants.
VnExpress - Kinh doanhDeputy Minister of Science and Technology Le Xuan Dinh called for completing the legal framework, workforce training, and supporting industry development to implement Vietnam's nuclear power program, including the Ninh Thuan 1 and 2 plants.
VnExpress - Kinh doanhThe Vietnamese government has tasked the Ministry of Construction with studying a pilot mechanism for the State to buy back stalled commercial housing projects from developers unable to proceed. Over 4,500 real estate projects with more than 3.3 quadrillion VND in frozen capital are stuck, and clearing them could boost supply and stabilize prices.
CafeF - Bất động sảnVietnam recorded a record 17.25 billion USD in realized FDI in the first 8 months of 2026, up 12% year-on-year, driven by high-tech manufacturing and supported by new policies such as Resolution 10-NQ/TW and the amended Investment Law, boosting industrial real estate demand.
CafeF - Bất động sảnHo Chi Minh City proposes investing over 12.1 trillion VND to complete infrastructure at the Tay Bac solid waste treatment complex, including nearly 6.8 trillion VND for land clearance and resettlement, to attract investors in modern waste-to-energy and hazardous waste treatment plants.
CafeF - Bất động sảnHanoi's People's Committee established a working group to draft a plan to develop the city's western area into a new growth driver, chaired by the Hanoi Institute for Socio-Economic Development Studies.
CafeF - Vĩ mô đầu tưGlobal central banks are tightening monetary policy, with the BOJ raising its policy rate to 1.25% and the Fed hiking by 25 basis points, while the ECB signals possible further hikes. Rising energy prices from Middle East tensions are fueling inflation concerns and could pressure global growth.
VnExpress - Kinh doanh