Vietnam Market Weekly Report

The State Bank of Vietnam raised the short-term capital-to-medium/long-term loan ratio limit from 30% to 40%, and exempted certain infrastructure loans from credit growth caps, which may boost credit expansion but increase banks' reliance on short-term funding and deposit competition.

The State Bank of Vietnam raised the short-term funding ratio for medium/long-term loans from 30% to 40% and exempted some infrastructure loans from credit growth limits, increasing liquidity risks for banks like MBB, OCB, BVB, and VIB, while proposing tighter Basel III-aligned liquidity rules from 2028.

The Prime Minister approved a capital increase of 29,690 billion VND (approx.

The Prime Minister approved a capital increase of 29,690 billion VND (approx. 1,187.6 million USD) for Agribank over 2025-2027, raising its charter capital from 51,638 billion VND to 81,328 billion VND.

PVOIL reported consolidated revenue of VND 127,300 billion for the first half of 2026, up 74% year-on-year, achieving 83% of the full-year target.

PVOIL reported consolidated revenue of VND 127,300 billion for the first half of 2026, up 74% year-on-year, achieving 83% of the full-year target. The company also targets 25% pre-tax profit growth for 2026.

The government approved a capital increase of nearly 29,690 billion VND for Agribank, raising its charter capital from 51,638 billion VND to 81,328 billion VND over 2026-2027.

The Vietnamese government approved a capital injection of nearly 29,690 billion VND (about 1.19 billion USD) into Agribank over 2025-2027, raising its charter capital to over 81,300 billion VND.

Hoa Phat Group's crude steel output surged 48% in Q2 2026 vs Q2 2025, reaching over 3.6 million tons.

Hoa Phat Group's crude steel output surged 48% in Q2 2026 vs Q2 2025, reaching over 3.6 million tons. First-half 2026 production hit nearly 7 million tons, up 36% year-on-year.

UOB raised its 2026 GDP growth forecast for Vietnam to 8.5%, citing strong H1 performance, easing energy prices, and AI-driven manufacturing momentum.

The Prime Minister approved the establishment of the International Financial Center Steering Committee, chaired by Deputy Prime Minister Nguyen Van Thang, to develop and operate international financial centers in Ho Chi Minh City and Da Nang.

Vinhomes (VHM) approved the private placement of up to VND 3,000 billion in non-convertible, secured bonds with a maximum 36-month tenor, split into two tranches of VND 2,000 billion and VND 1,000 billion.