Vietnam Market Daily Report — October 21, 2026
Vietnam's benchmark VN-Index closed at 1,700.23 on October 21, 2026, largely unchanged from the previous session.
VPBank cut lending rates by up to 1.5 percentage points for six priority industries and SME working-capital loans, and reduced online deposit rates by 0.5 percentage points, in response to government and SBV directives to lower the rate environment.
CafeF - Tài chính ngân hàngExperts say the simultaneous reduction in bank interest rates is unlikely to produce an immediate turnaround in the real estate market, especially since credit is not yet prioritized for the property sector.
CafeF - Bất động sảnHanoi's People's Committee is seeking feedback on a pilot mechanism allowing strategic contractor selection via shortened designated bidding for two national railway projects and five urban rail lines, bypassing standard capability and financial evaluations.
CafeF - Vĩ mô đầu tưHanoi's Department of Construction proposed using about 22,249 apartments from 64 social housing projects (up to 80% of units per project) to serve resettlement needs for 2026-2030, as the city's existing resettlement fund of 19,379 units is fully allocated.
CafeF - Bất động sảnHanoi Chairman Vu Dai Thang directed city departments to prepare resettlement housing funds ahead of land clearance schedules and to accelerate slow social housing projects for 2026-2030, including studying mechanisms to mobilize private developers.
CafeF - Bất động sảnThe Ministry of Home Affairs established a task force to review job positions and prepare a staffing plan for 2027-2031, following government direction on civil service reform and payroll management.
CafeF - Vĩ mô đầu tưFPT reported 9-month 2026 revenue of VND 40,023 billion (+12.4% YoY) and pre-tax profit of VND 8,770 billion (+17% YoY), with Q3 net profit attributable to parent shareholders hitting a record VND 2,273 billion. The IT Services segment drove 89% of revenue and 58% of pre-tax profit, with foreign IT services revenue up 11.6%.
CafeF - Doanh nghiệpFPT reported 9-month 2026 revenue of VND 40,023 billion (+12.4% YoY) and pre-tax profit of VND 8,770 billion (+17% YoY), with AI/Data Analytics revenue up 55% and domestic IT services profit up 108.5%.
CafeF - Thị trường chứng khoánThe government issued Decree 391/2026/ND-CP setting administrative penalties in betting and prize-game business, with maximum fines of 200 million VND for organizations and 100 million VND for individuals, effective December 5, 2026.
CafeF - Vĩ mô đầu tưVietnam's State Securities Commission fined two UPCoM-listed companies for disclosure violations: G.C Food (GCF) was fined a total of 425 million VND for incomplete, inaccurate and late disclosures, including misstated after-tax profit figures.
CafeF - Thị trường chứng khoánEVN broke ground on the Quang Trach II LNG thermal power plant (1,612.8 MW, over VND 40,123 billion), financed 20% equity and 80% commercial debt syndicated by Vietcombank, VietinBank, BIDV and Agribank; Quang Trach I has begun feeding power to the national grid.
CafeF - Doanh nghiệpBecamex Group (BCM) plans to issue 12,000 bonds worth VND1,200 billion (about USD48 million) with a 36-month tenor, using proceeds to restructure bank debt. The first four interest periods carry a fixed 12.5% annual rate.
CafeF - Thị trường chứng khoánGold prices in Vietnam edged lower on the morning of October 21, with SJC bars around 139.6-142.6 million VND per tael, tracking a drop in spot gold toward $4,100/oz as persistent inflation and rising oil prices reinforce expectations of continued Fed tightening.
CafeF - Tài chính ngân hàngMCST (ALV) received regulatory approval for a 1:1 rights issue at VND10,000/share and a 10% stock dividend, and plans to use proceeds plus other capital to buy an 18% stake in Xi Mang Bach Dang for VND180 billion, targeting revenue above VND500 billion and a future HoSE listing.
CafeF - Thị trường chứng khoánSpot gold fell nearly 0.4% to $4,126.3/oz despite a weaker dollar and lower Treasury yields, as Fed rate-hike concerns weigh on precious metals; silver rose 1.6%.
VnEconomy - Chứng khoán