PV Power (POW) reported Q2 2026 pre-tax profit of about 3,594 billion VND, nearly 4.6 times higher than the same period last year. H1 revenue reached 33,520 billion VND, up 87% year-on-year.
LIX reported Q2 2026 revenue of 1,030 billion VND, up 43% YoY, but net profit fell 27% to 40 billion VND due to a 156% surge in selling expenses. H1 2026 profit dropped 14% YoY, reaching 50% of the full-year target.
The room for interest rate cuts is narrowing as credit growth outpaces deposit growth, putting pressure on banking system liquidity. Experts expect interest rates to stay at current levels for the rest of the year, with only minor reductions possible in priority sectors.
Bach Dang Cement officially started operations at its Lien Khe cement plant in Hai Phong, with a capacity of 3,500 tons of clinker per day and 1.5-1.7 million tons of cement per year.
The Vietnamese government targets GDP growth of 10% or more for 2026, requiring 11.9% growth in the second half, driven by public investment, domestic consumption, exports, and new growth engines like digital economy and AI.
Techcombank reported record Q2 profit of 9,670 billion VND, with H1 2026 pre-tax profit reaching 18,540 billion VND, up 22.5% YoY, driven by strong service fee income and improved NIM.
Standard Chartered raised Vietnam's 2026 GDP growth forecast to 9.5% and 2027 to 11%, citing strong economic performance and lowered inflation expectations.
Phu Tho Tourist, operator of Dam Sen Park, reported a net loss of nearly 6 billion VND in Q2, bringing accumulated losses to over 400 billion VND. Revenue rose 5% but costs exceeded total income, mainly due to land lease expenses.
Vietnam's Ministry of Construction issued Circular 45/2026, classifying electric vehicles into 8 groups with specific technical criteria for registration and inspection, and updating automation level regulations.
The Vietnamese government approved a proposal to amend the Land Law with 7 policy groups, aiming to resolve bottlenecks and improve land management efficiency.
LPBank reported pre-tax profit of nearly VND 6,000 billion for the first half of 2026, with non-interest income surging 33% and total assets exceeding VND 615 trillion.
Biwase (BWE) plans to acquire a 20% to under 50% stake in Phu Yen Water Supply and Drainage Company, making it an associate. The company also announced a rights offering of over 31.4 million shares at 37,000 VND each to raise nearly 1,162.5 billion VND.
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Information provided for educational purposes only. Past performance does not guarantee future results. Data sourced from public Vietnamese market feeds.