BVB

The State Bank of Vietnam (SBV) exempts 25 commercial banks from including social housing, industrial park, and export processing zone loans in real estate credit growth limits from January 1, 2026. This regulatory change supports targeted lending while maintaining overall credit controls, benefiting banks like ACB, BID, and CTG with expanded capacity for priority sectors.

Foreign investors net sold VND 551 billion on May 28, with HoSE seeing VND 586 billion in net selling. ACB was the top buy at VND 109 billion, while HDB was the top sell at VND 119 billion. The VN-Index fell nearly 11 points to 1,864.

Foreign investors net sold VND 2,094 billion (USD 83.8 million) on May 25, with MSB alone accounting for over VND 1,500 billion in net selling. The selling pressure was broad-based, affecting HPG, ACB, FPT, and KDH, while net buying was concentrated in MSN, HDB, VIC, VCB, and VHM.

VPBank (VPB) reported Q1 2026 pre-tax profit of over 7,900 billion VND (+58% YoY), driven by strong credit growth and ecosystem contributions. The banking sector's aggregate profit rose 14% to 94,000 billion VND, with standout growth at VietinBank (+63%), BVBank (+170%), PGBank (+187%), and ABBank (+269%).

BVBank (BVB) posted Q1 2026 pre-tax profit of VND 216 billion, a 170% year-on-year increase, achieving 31% of its full-year target. The growth was driven by a 56% rise in net interest income and a 0.4 percentage point improvement in net interest margin, with total assets expanding 24% to VND 137 trillion.

VPBank (VPB) reduced deposit interest rates by 0.3%-0.5% for 6-36 month terms online, following a State Bank of Vietnam directive that prompted 30 domestic commercial banks to cut rates by 0.05% to 1% annually. This coordinated easing aims to lower funding costs and support credit growth, with state-owned BIDV implementing the deepest cuts of 0.8%-0.9%.

The State Bank of Vietnam (SBV) net withdrew VND 71,563 billion from the banking system via open market operations (OMO) in the week of April 13-17, 2026, while 30 commercial banks including VPBank (VPB) cut deposit rates by 0.1-0.5 percentage points. This coordinated action, following an SBV meeting, signals a deliberate easing of funding costs and system liquidity, potentially supporting bank net interest margins as pressure from the USD/VND exchange rate subsides.

BVBank (BVB) reported a 34% rise in 2025 pre-tax profit to VND 522B and approved a 55% charter capital increase, alongside a target to list on the Ho Chi Minh City Stock Exchange (HOSE) in Q3 2026. The bank is targeting a further 34% profit growth to VND 700B in 2026, driven by digital transformation and retail/SME lending.

BVBank (BVB) reported a 34% increase in 2025 pre-tax profit to VND 522B and approved a plan to list on the HOSE exchange in Q3 2026, alongside a 55% charter capital increase. The bank targets a further 34% profit growth to VND 700B in 2026, driven by digital transformation and retail/SME lending, signaling a major upgrade in its market profile and growth ambitions.

BVB (BVB) was fined VND 85 million by the State Securities Commission for failing to submit periodic disclosure documents on time to HNX, including bond use reports and financial statements. The penalty highlights ongoing regulatory scrutiny of disclosure compliance among Vietnamese listed companies.