Oct 31, 2026
Full Analysis
Negative
foreign flow
Foreign investors net sold VND 641.5B (about USD 25.7M) on the final session of the week, with matched-order net selling of VND 639.9B concentrated in real estate and banking names. VHM nonetheless led matched-order net buying, and VN-Index fell 0.80% to 1,741.62 points as bank and large-cap selling broadened.
Oct 31, 2026
Full Analysis
Positive
earnings beat
Vietcombank (VCB) holds the 9M/2026 pre-tax profit lead at VND40,440bn, up 22.1% year on year, but its Q3 profit of VND11,218bn was flat versus Q3/2025, with growth concentrated in the first half. VietinBank (CTG) closed the gap to under VND900bn with VND39,557bn (+33.9%) and the strongest Q3 print among disclosers at VND13,689bn.
Oct 30, 2026
Full Analysis
Negative
foreign flow
Foreign investors net sold VND 2,692B (~USD 107.7M) on HOSE in the final week of October, with FPT absorbing the largest outflow at VND 782B, followed by VPL at VND 353B and VIC at VND 287B. MSN, VCB and TCB led net buying, while the VN-Index fell 1.83% to 1,741.62 on thin liquidity.
Oct 30, 2026
Full Analysis
Mixed
earnings beat
Vietcombank (VCB) leads 9M pre-tax profit at VND 40,440B, up 22.1% YoY, though its Q3 figure of VND 11,218B was nearly flat year-on-year. VietinBank posted the highest Q3 profit at VND 13,689B (+29%), while Sacombank, Eximbank and Saigonbank recorded sharp declines.
Oct 30, 2026
Full Analysis
Mixed
earnings beat
Vietcombank (VCB) holds the 9M profit lead at VND 40,440bn, up 22.1% year on year, yet its Q3 pre-tax profit of VND 11,218bn was essentially flat. VietinBank took the quarterly crown at VND 13,689bn (+29%), while Sacombank, Eximbank and Saigonbank posted declines of 46.4%, 57.8% and 74.5%.
Oct 30, 2026
VnEconomy - Chứng khoán
Negative
sector sentiment
Oct 30, 2026
Full Analysis
Neutral
capital raise
Thanh Duc Holding, an unlisted Hải Phòng-based private company, placed VND 1,200B (about USD 48M) of 36-month bonds at a 12.5% annual coupon on 26 October 2026. BIDV's Thành Công branch holds collateral over the company's Hyatt Regency Sapa hotel and Cầu Rào 2 school projects, tying BID (HOSE) to a high-yield private credit exposure it does not disclose in size.
Oct 29, 2026
Full Analysis
Negative
sector sentiment
PVT closed limit-down at 21,300 VND with more than 21 million shares traded as Brent slipped nearly 1% to $114 a barrel and investors digested news that the State will retain 100% ownership of Petrovietnam. GAS and BSR were among the ten heaviest drags on the VN-Index, which fell more than 11 points to 1,755, while foreign investors net sold over VND 450 billion for a fifth straight session.
Oct 29, 2026
Full Analysis
Negative
foreign flow
Foreign investors net sold VND 605.2B on HoSE in the morning session, the heaviest in four weeks, with FPT accounting for nearly VND 110B of that outflow. FPT fell 2.78% to its lowest level since July 2023, while breadth deteriorated to 218 decliners against 81 advancers as VN-Index lost 0.69%.
Oct 29, 2026
Full Analysis
Mixed
macro policy
Vietnam Airlines (HVN) will see the state's stake rise from 39.29% to 86.42% by 2030 under Decision 2054/QD-TTg, while BIDV, Vietcombank and VietinBank are directed to hold state ownership at 65% or above. The plan also cuts state holdings in VIMC and VRG, redrawing the free-float map for several large listed names.
Oct 29, 2026
Full Analysis
Positive
strategic partnership
Astor 1, a 40-storey, 350-unit luxury tower inside the Ciputra complex, signed mortgage cooperation agreements with MB, Vietcombank and BIDV on 15 October 2026. For MB in particular, the deal is a retail lending channel into a high-end segment where credit access, not demand, is the binding constraint.
Oct 29, 2026
Full Analysis
Negative
macro policy
BIDV chairman Lê Ngọc Lâm is pushing to let banks sell bad debt at market prices, even below book value, arguing that carrying values overstate real recoverability. The proposal lands as system credit reaches VND 20.72 quadrillion (+11.44% year-to-date) and the NPL coverage ratio slips to roughly 80%, the lowest in five years.
Oct 28, 2026
Full Analysis
Neutral
macro policy
Decision 2054/QD-TTg places Vietcombank (VCB), BIDV (BID) and VietinBank (CTG) on the 2026-2030 state capital restructuring list, with state ownership to stay at or above 65% at VCB and BID and rise to 65% at CTG from 64.46%. Timing and method are left to the Ministry of Finance and the State Bank of Vietnam, so no share sale or issuance is yet committed.
Oct 28, 2026
Full Analysis
Neutral
macro policy
Decision 2054 sets the state ownership roadmap to 2030: BIDV's state stake falls from 76.73% to at least 65% and Vietcombank's from 74.8%, while VietinBank rises from 64.46% to 65%. The freed shares imply potential foreign-room expansion at BID and VCB, though timing is left to the Ministry of Finance and the SBV.
Oct 28, 2026
Full Analysis
Negative
guidance cut
DSC cut its 2026 pre-tax profit target 57.3% to VND 152 billion and revenue 14.3% to VND 640 billion after nine-month profit fell 66.8% to VND 96.66 billion. Q3 pre-tax profit collapsed 97.5% to VND 4.1 billion as operating costs rose 93% and FVTPL gains halved.