Vietnam Market Weekly Report
Sep 21 – Sep 25, 2026
Market Overview
The VN-Index closed the week of Sep 21 – Sep 25, 2026 at 1,787.34, having lost 0.34% over the five trading sessions.
The week's strongest performers were EIB, DMX, KDH, while KOS, HVN, MBS led to the downside.
Aveluro's classification pipeline flagged 10 high-impact news events during the week. 5 volume spikes were detected across the market. See below for the full breakdown.
Classified news sentiment for the week skewed positive, with 8 positive, 1 negative, and 1 neutral events among the top stories.
Top Weekly Gainers
Top Weekly Losers
Top Stories This Week
Interbank VND overnight rates jumped 2.5 percentage points to 7.0% on September 21, prompting the State Bank of Vietnam to inject a net ~47,915 billion VND via open market operations and reopen a 7-day FX swap channel with a maximum size of 2 billion USD.
Vietnam's interbank overnight rate plunged from 7% to 2.5% after the State Bank of Vietnam expanded liquidity support via OMO and a USD 2 billion FX swap, easing VND liquidity pressure.
Vietnam's interbank overnight rate fell to 1% on September 24, down 600 bps from 7% on September 21, as the State Bank of Vietnam withdrew about 4,518 billion VND in net liquidity via OMO after earlier heavy injections.
PetroVietnam Ca Mau Fertilizer (DCM) revealed 9-month 2026 results with output, revenue and profit all growing over 10%; H1 revenue rose 27% to nearly VND 12,000 billion and net profit jumped 55% to nearly VND 1,860 billion, already exceeding 57% of the full-year profit target.
Jollibee's subsidiary will sell a stake in Highlands Coffee operator SF Vung Tau Jsc to founder David Thai's Viet Thai International, raising Thai's holding to 51% in a deal valuing the chain at around $800 million.
Jollibee's subsidiary will sell a stake in Highlands Coffee operator SF Vung Tau Jsc to founder David Thai's Viet Thai International, raising Thai's holding to 51% in a deal valuing the chain at around $800 million. Highlands Coffee is considering an IPO in Q1 2027.
Masan (MSN) reported 8-month 2026 net revenue of VND 77,023 billion, up 52% year-on-year, and after-tax profit of VND 8,518 billion, about 2.2 times the same period last year, completing 73-79% of its 2026 revenue plan.
Saigontourist, the state-owned tourism group owning historic hotels like Rex, Continental, and Majestic in Ho Chi Minh City, reported H1 2026 net profit up over 67% year-on-year to nearly 507 billion VND, with revenue rising about 9% to nearly 3,389 billion VND.
Vietravel (VTR) will dissolve its Indian joint venture Viet India Travel, in which it holds 51% with a 1.29 billion VND contribution.
Vietravel (VTR) will dissolve its Indian joint venture Viet India Travel, in which it holds 51% with a 1.29 billion VND contribution. H1 2026 net profit fell 81% to 1.29 billion VND despite revenue rising 11% to 3,685 billion VND.
Phat Dat (PDR) and Lotte will break ground on the Lotte Eco Smart City Thu Thiem project on October 23, 2026, with total investment of about VND 60,000 billion, of which Phat Dat contributes over VND 10,000 billion.
US-based Elmet Group will acquire a 4.99% stake in Masan High-Tech Materials (MSR) at a $2.5 billion equity valuation, alongside an 8-year strategic tungsten supply partnership worth an estimated $1.5 billion in gross revenue.