Vietnam Market Weekly Report
Sep 28 – Oct 02, 2026
Market Overview
The VN-Index closed the week of Sep 28 – Oct 02, 2026 at 1,739.32, having lost 2.20% over the five trading sessions.
The week's strongest performers were PHR, REE, VTP, while KDH, VXT, LG9 led to the downside.
Aveluro's classification pipeline flagged 10 high-impact news events during the week. 6 volume spikes were detected across the market. See below for the full breakdown.
Classified news sentiment for the week skewed positive, with 6 positive, 3 negative, and 1 neutral events among the top stories.
Top Weekly Gainers
Top Weekly Losers
Top Stories This Week
PNJ shares hit a 6-year low after the company proposed cutting its 2026 revenue target to 39,057 billion VND and swinging to a projected loss of 6,271 billion VND due to a 7,071 billion VND provision, while also halving its 2025 cash dividend to 10% and skipping 2026 dividends.
Vietnam's overnight interbank rate surged from 0.2% to 7% in a single session as banks closed Q3 books, prompting the State Bank of Vietnam to inject a net 10,038 billion VND via open market operations.
Coteccons (CTD) targets FY2027 consolidated revenue of VND 42,000 billion (+22%) and net profit of VND 1,050 billion (+34%), which would mark its return to trillion-dong profit after 9 years.
Coteccons (CTD) targets FY2027 consolidated revenue of VND 42,000 billion (+22%) and net profit of VND 1,050 billion (+34%), which would mark its return to trillion-dong profit after 9 years. The board also proposed no dividend for FY2026.
Coteccons (CTD) targets FY2027 consolidated revenue of VND 42,000 billion (+22%) and net profit of VND 1,050 billion (+34%), which would mark its first return to trillion-VND profit in 9 years.
Coteccons (CTD) targets FY2027 consolidated revenue of VND 42,000 billion (+22%) and net profit of VND 1,050 billion (+34%), which would mark its first return to trillion-VND profit in 9 years. The board also proposed no dividend for FY2026.
Coteccons (CTD) targets FY2027 revenue of VND 42,000 billion and after-tax profit of VND 1,050 billion, up 22% and 34% respectively, which would be its highest profit in nine years.
Coteccons (CTD) targets FY2027 revenue of VND 42,000 billion and after-tax profit of VND 1,050 billion, up 22% and 34% respectively, which would be its highest profit in nine years. The company also plans to retain all FY2026 profit of VND 788 billion and skip dividends for 2026.
PNJ shares hit the floor limit, falling 6.97% to a six-year low after the company reported a VND61 billion after-tax loss for July-August and proposed a full-year loss plan of VND6.27 trillion due to a VND7.07 trillion provision related to its buyback policy.
Trung Nam Group's solar subsidiary Trung Nam Thuan Nam reported a H1 2026 after-tax loss of over 27.6 billion VND versus a 126 billion VND profit a year earlier, with equity down nearly 73% and total liabilities near 9,793 billion VND.
Masan Group reported 52% revenue growth in the first 8 months of 2026, driven by MSR and consumer segments, prompting HSBC and J.P.
Masan Group reported 52% revenue growth in the first 8 months of 2026, driven by MSR and consumer segments, prompting HSBC and J.P. Morgan to raise their MSN target prices.
Thai Vietjet Air, Vietjet's joint venture in Thailand, aims to double revenue by 2028 and expand its fleet to 50 aircraft, with 3.5 million passengers served in H1 2026 and revenue of 10 billion baht (~$297 million).
Vietnam's overnight interbank VND rate fell to 0.20%/year on September 29, the lowest since January 2024, as the State Bank of Vietnam drained about 1,565 billion VND via open market operations amid improved short-term liquidity.