Vietnam Market Daily Report — October 26, 2026
Vietnam's benchmark VN-Index closed at 1,776.06 on October 26, 2026, largely unchanged from the previous session.
The State Bank of Vietnam issued Directive 9608/NHNN-CSTT requiring credit institutions to cut deposit rates by at least 0.5%/year and lending rates by 1.5-2%/year for priority sectors, with sanctions tied to 2026-2027 credit growth quotas. At least 19 banks cut deposit rates within two days, though VDSC expects deposit rates to stabilize rather than fall deeply in 2027 due to the large funding-credit gap.
VnEconomy - Chứng khoánThe Vietnamese government approved a pilot program for small electric three-wheelers for urban waste collection and logistics, with state-owned Nam Trieu (Ministry of Public Security) showcasing made-in-Vietnam models. The niche market remains unaddressed by major EV players like Pham Nhat Vuong's VinFast.
CafeF - Doanh nghiệpEconomists argue Vietnam's 10%+ GDP growth target for 2026-2030 requires 280-300 billion USD of annual investment, so capital mobilization must shift beyond bank credit toward equity and corporate bond markets.
CafeF - Vĩ mô đầu tưVietnam's tax authority is running a campaign to clean up and standardize tax identification numbers, closing the records of roughly 125,000 defunct companies and branches by end-August 2026, up about 30% from end-2025, to reduce legal risks and improve tax data quality.
CafeF - Vĩ mô đầu tưHo Chi Minh City issued a plan to convert the nearly 110-hectare Le Minh Xuan expanded industrial park into social housing development, requiring land-use function changes and project termination procedures by October 2026.
CafeF - Bất động sảnThe National Assembly discussed amendments to the Law on Handling Administrative Violations, including proposals to temporarily bar individuals or organization heads from exiting Vietnam if they fail to comply with administrative penalty decisions, plus measures to seal premises and cut electricity/water supply to enforce penalties.
CafeF - Vĩ mô đầu tưAt a State Bank of Vietnam conference, HDBank and Vikki Digital Bank pledged VND124,500 billion (~USD4.98bn) to finance four infrastructure, financial and urban projects in HCMC and Dong Nai, with VietinBank, NCB, Agribank, MB and Vietcombank also signing sponsorship agreements for regional projects.
CafeF - Tài chính ngân hàngThe Government proposed raising maximum administrative fines to 1.5 billion VND for individuals and 3 billion VND for organizations, adding enforcement measures such as exit bans and suspension of electricity, water, and internet services.
CafeF - Vĩ mô đầu tưCII adjusted the use of 2,500 billion VND in convertible bond proceeds, shifting 300 billion VND from its expressway project contribution to repay maturing bond principal due October 14, 2026. The company says the change does not affect project funding or progress.
CafeF - Bất động sảnBank of Ayudhya (Krungsri), a member of Japan's MUFG, completed payment to SHB for the full transfer of 100% of SFinance (formerly SHBFinance), making SFinance a wholly-owned Krungsri subsidiary.
CafeF - Tài chính ngân hàngVIMID (VVS) reported Q3/2026 net profit of 226 billion VND, up 155% YoY, on revenue up 33%, though the stock has fallen 27% from its July peak.
CafeF - Doanh nghiệpAbout 18 companies and banks are scheduled to finalize dividend rights between October 26-30, 2026, with Nam Tan Uyen Industrial Park (NTC) paying the highest cash dividend at 60% and Tan Binh Real Estate (TBR) the lowest at 3.5%. Techcombank (TCB) will pay a 50% stock dividend.
CafeF - Thị trường chứng khoánBIDV's asset management unit BAMC announced it will seize a 304 m² villa at Vinhomes Riverside in Hanoi, pledged by Dang Thi Huong Lan to secure loans of Vietnam Pharmaceutical Materials JSC, starting November 13, 2026. The debt balance and property valuation were not disclosed.
CafeF - Tài chính ngân hàngGlobal oil prices fell from six-month highs, with Brent down 1.6% to $114.8/barrel and WTI down nearly 2% to $101, easing after Middle East conflict-driven gains.
VnExpress - Kinh doanhVN-Index posted its strongest weekly gain in eight weeks, led by real estate (VIC, VHM) and banking stocks, while foreign investors net sold 1,103.6 billion VND during week 43/2026. Liquidity recovered with HOSE matching value averaging 13,427 billion VND per session, up 19.76% week-on-week.
VnEconomy - Chứng khoán