Vietnam Market Weekly Report

Thanh Vinh Real Estate reported a loss of 98 billion VND in H1 2026, wider than the 31 billion VND loss in the same period last year, with outstanding bond debt of over 3,000 billion VND.

Van Lang Technology Investment and Development (VLA) reported a 90% year-on-year drop in H1 2026 revenue to just over 1 billion VND, though net profit doubled to 471 million VND thanks to financial income and cost control.

Van Lang Technology Investment and Development (VLA) reported a 90% year-on-year drop in H1 2026 revenue to just over 1 billion VND, though net profit doubled to 471 million VND thanks to financial income and cost control. The company also disclosed a temporary loss of about 234 million VND on its securities portfolio, which includes VDS, MSN, and KBC.

After audit review, Thuduc House (TDH) reported consolidated after-tax profit of less than 2 billion VND, down over 85% from its self-prepared report, while LDG's after-tax loss widened to nearly 88 billion VND from 41 billion VND.

EVN reported it has cleared its accumulated losses and estimates a profit of over 12,215 billion VND in the first 8 months of the year, reaching 103% of its annual plan.

EVN reported it has cleared all accumulated losses and posted an estimated profit of 12,215 billion VND (over 1,500 billion VND/month) in the first 8 months of 2026, reaching 103% of its annual plan, with revenue exceeding 482,000 billion VND.

EVN reported consolidated after-tax profit of over 20,828 billion VND in H1, up 136% year-on-year, driven by favorable forex, higher deposit interest income, and lower financial costs, while revenue rose over 15%.

Dong A Plastic Group (DAG) reported a 2025 after-tax loss of 171 billion VND, bringing its three-year cumulative loss to nearly 1,400 billion VND, with negative equity of 612 billion VND.

Dong A Plastic Group (DAG) reported a 2025 after-tax loss of 171 billion VND, bringing its three-year cumulative loss to nearly 1,400 billion VND, with negative equity of 612 billion VND. The company faces severe credit access issues after banks classified it as group 5 bad debt, and its shares remain suspended on UPCoM.

The Bank of Japan raised its policy rate from 1% to 1.25%, the highest in 31 years, with a 7-2 vote, signaling a shift toward containing inflation above 2% and leaving the door open for further hikes.

The Bank of Japan raised its policy rate from 1% to 1.25%, the highest in 31 years, with a 7-2 vote, signaling a shift toward containing inflation above 2% and leaving the door open for further hikes. The yen weakened over 1.1% against the dollar despite the hawkish move.

The Fed raised its target rate by 25 basis points to 3.75%-4%, its first hike since 2023.

The Fed raised its target rate by 25 basis points to 3.75%-4%, its first hike since 2023. Analysts say the impact on Vietnam is not mechanical, with the SBV able to use liquidity, rate and FX tools to absorb external shocks, so VND rates may not rise in tandem.

The US Federal Reserve raised its benchmark interest rate for the first time since 2023, lifting the target range to 3.75-4%, with officials signaling another hike may come this year.

The US Federal Reserve raised its benchmark interest rate for the first time since 2023, lifting the target range to 3.75-4%, with officials signaling another hike may come this year. Investors worry the tightening stance will increase volatility in stocks and bonds, particularly for rate-sensitive small-cap equities.