Vietnam Market Daily Report — October 23, 2026
Vietnam's benchmark VN-Index closed at 1,752.95 on October 23, 2026, largely unchanged from the previous session.
Vietnamese securities firms reported mixed Q3 results as market liquidity fell sharply, with VNDirect's after-tax profit down about 65% and SSI down 27% year-on-year, while TCBS and SHS grew on margin lending and investment income.
CafeF - Thị trường chứng khoánHanoi Tax Department clarified that household businesses with annual revenue of 1 billion VND or less are exempt from VAT under Decree 141/2026, but those using e-invoices in eligible sectors can still apply the 20% VAT reduction under Resolution 204/2025/QH15.
CafeF - Vĩ mô đầu tưVietnamese tax regulations require business households and individuals with revenue above 1 billion VND to file VAT and personal income tax returns, with deadlines approaching in October 2026 and fines up to 25 million VND for late filing.
CafeF - Vĩ mô đầu tưThe Government proposed a 0.2% tax on abandoned or unused land without applying a quota threshold, as part of amendments to three tax laws submitted to the National Assembly. The law, if passed on November 20, would take effect in 2027 and aims to improve land-use efficiency.
VnExpress - Kinh doanhVietnam has over 134,000 rooftop solar systems totaling more than 11,450 MWp, but businesses say licensing and trading procedures remain inconsistent and urge synchronized fixes in the amended Electricity Law. Decree 243/2026 raised the allowed surplus power sold to the grid from 20% to a maximum of 50%, yet implementation bottlenecks still leave clean energy wasted.
CafeF - Vĩ mô đầu tưThe National Assembly discussed amendments to three tax laws covering corporate income tax, non-agricultural land use tax, and personal income tax, alongside other draft laws on budget, bidding, and investment.
CafeF - Vĩ mô đầu tưHo Chi Minh City is proposing a shared research equipment network (FabNet HCMC) allowing tech companies and startups to use existing lab machinery, including 13 semiconductor packaging and testing tools transferred from Intel at SHTPLABS, instead of buying their own. Proposed 2026-2027 research infrastructure investment exceeds VND 4,162 billion, highlighting the need to avoid duplication.
CafeF - Doanh nghiệpHanoi is accelerating key infrastructure and urban development projects, planning to start or inaugurate about 193 projects with total investment exceeding 202,785 billion VND, while pushing to resolve land clearance bottlenecks.
CafeF - Vĩ mô đầu tưAt a seminar, economists estimated Vietnam needs 280-300 billion USD of investment capital annually in 2026-2030 and argued the economy must reduce its reliance on bank credit (over 50% of total capital) by developing the corporate bond and equity markets.
CafeF - Vĩ mô đầu tưVietnam's Q3-2026 GDP grew 9.95% year-on-year, lifting 9-month growth to 9.01%, driven by industry, exports and public investment, though S&I Ratings flags capital demand, inflation and tighter global financial conditions as Q4 challenges.
CafeF - Vĩ mô đầu tưHOSE approved the listing of 111.4 million DatVietVAC (DVV) shares, with trading expected to begin on November 2, 2026 at a reference price of 54,800 VND, implying a market cap of over 6,100 billion VND. The company targets 2026 revenue of 3,382 billion VND and net profit of 420 billion VND, up about 6% and 11% respectively.
CafeF - Thị trường chứng khoánDong Son Holdings (DSH) will list 35 million shares on HOSE on October 26, 2026, moving from UPCoM as it shifts from construction to infrastructure investment, highlighted by raising its stake in the Hanoi-Bac Giang BOT to 58%.
CafeF - Thị trường chứng khoánHDCapital, part of the HDBank-linked HD Financial Group ecosystem, became a major shareholder of SmartInvest Securities (AAS) after buying 2 million shares to raise its stake to 5.22%. AAS trading liquidity has surged in recent sessions.
CafeF - Thị trường chứng khoánVinachem signed a non-exclusive memorandum of understanding with France's Air Liquide, the world's second-largest industrial and medical gases group, to explore cooperation in fertilizer production efficiency, industrial gas applications, and battery/electronics value chains.
CafeF - Doanh nghiệpLive hog prices fell roughly 23-33% from their May peak to 47,000-54,000 VND/kg by October 21, but retail pork prices in traditional markets have not dropped correspondingly due to intermediary costs.
VnExpress - Kinh doanh