Vietnam Market Daily Report — October 28, 2026
Vietnam's benchmark VN-Index closed at 1,763.11 on October 28, 2026, largely unchanged from the previous session.
Gelex Infrastructure (GEL) reported Q3/2026 consolidated net profit up 265.5% to 351 billion VND on revenue up nearly 17%, though profit attributable to parent shareholders was negative 37 billion VND. The company invested over 15,174 billion VND in the first nine months, including about 8,062 billion VND into Masterise Air Infrastructure for the Gia Binh airport project.
CafeF - Doanh nghiệpDuoc Hau Giang (DHG) reported Q3/2026 net profit of 98.5 billion VND, down 53% year-on-year and the lowest quarterly profit since Q1/2011, as net revenue fell 11% to 1,023 billion VND amid higher selling and administrative costs. Nine-month cumulative revenue rose nearly 2% to 3,584 billion VND with after-tax profit roughly flat at 713 billion VND.
CafeF - Thị trường chứng khoánHanoi proposed a nearly VND 22,230 billion redevelopment plan for the Ho Guom area, with Sun Group-ecosystem company Mat Troi Thu Do Real Estate proposed as investor for two sub-projects worth over VND 12,300 billion, paid partly via six land plots totaling 7.3ha.
CafeF - Doanh nghiệpWinCommerce, the retail arm of Masan Group, reported 9M2026 revenue of VND35,767 billion (+25.7% YoY) and NPAT pre-MI of VND670 billion, roughly 2.8x the prior year, driven by 894 net new stores and improving margins.
CafeF - Doanh nghiệpMasan Group reported 9M2026 NPAT Pre-MI of VND10,325 billion, up 131.1% YoY, exceeding its revised full-year base plan; Q3 consumer-retail segment revenue and profit both grew over 18%, and HSC raised its MSN target price by 20% to VND136,600.
VnEconomy - Chứng khoánAn Gia Real Estate (AGG) reported Q3/2026 net revenue of ~VND 23.8 billion, down 86% YoY, and net profit of ~VND 15.4 billion, down 85.9% YoY. For 9M/2026, revenue fell 70.3% but net profit rose 47.1% to ~VND 293.3 billion.
CafeF - Doanh nghiệpThe Fed began its two-day policy meeting and is widely expected to hold rates steady despite hotter-than-expected September US inflation data, with markets pricing only about a 7% chance of a hike.
VnEconomy - Chứng khoánSaigon Commercial Bank (SCB) cut its online savings rates to 0.1-0.7% per year effective October 26, far below the market average, following the State Bank of Vietnam's directive for banks to lower deposit rates by at least 0.5 percentage points.
CafeF - Tài chính ngân hàngA Wall Street Journal report describes internal Fed debate over communication strategy under Chair Kevin Warsh, who favors less forward guidance while colleagues continue speaking publicly. The article notes shifting market expectations for a Fed rate hike at this week's meeting, from about 70% a month ago to 15% by October 16.
VnEconomy - Chứng khoánExperts at a seminar argued that the proposed 0.2% tax on unused/abandoned land should be raised to meaningfully discourage land speculation, as the Ministry of Finance submits a draft non-agricultural land use tax law to the National Assembly.
CafeF - Bất động sảnHanoi's People's Council is expected to approve a resolution allowing 902 households in the Hoan Kiem old quarter to buy or rent-purchase social housing without a lottery, with 552 units planned across 9 projects in 2026.
CafeF - Bất động sảnThe Ministry of Industry and Trade is consulting on a draft decision to immediately apply a 5-tier retail electricity tariff with new peak/off-peak time bands, which is expected to lower electricity bills for about 94% of residential customers consuming under 800 kWh/month while easing peak-load pressure on the national grid.
CafeF - Vĩ mô đầu tưHanoi People's Council is expected to approve a resolution allowing about 902 households in the Hoan Kiem old quarter to buy or rent-purchase social housing without a lottery, with 552 units planned for 2026 across nine projects.
CafeF - Bất động sảnHanoi's municipal government proposed subsidies of 1 million VND per couple for pre-marriage health checks and 4 million VND for women who have two children before age 35, aimed at lifting the city's falling fertility rate.
CafeF - Vĩ mô đầu tưHanoi's People's Committee proposed a policy to relocate 902 households in the Old Quarter with housing under 5m² per person, allowing each to buy or rent-purchase one social housing unit without a lottery, with 552 units planned across 9 projects in 2026.
CafeF - Bất động sản