Oct 31, 2026
Full Analysis
Positive
earnings beat
Vietcombank (VCB) leads Vietnamese banks with 9M 2026 pre-tax profit of VND 40,440B, up 22.1% year on year, though Q3 profit of VND 11,218B was nearly flat versus Q3 2025. VietinBank (VND 39,557B, +33.9%) is now within VND 900B of the top spot, narrowing VCB's lead as the sector's growth broadens.
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 29, 2026
Full Analysis
Positive
earnings beat smallcap
National Citizen Bank (NCB) reported 9-month pre-tax profit above VND 1,570B, up 140% year-on-year, as customer deposits rose VND 65,000B to over VND 185,000B and loans grew 55% to VND 150,660B. Its NPL ratio fell from 8.6% to 4.9%, though the bank remains small by system standards.
Oct 26, 2026
Full Analysis
Positive
strategic partnership
HDBank (HDB) and Vikki Digital Bank pledged VND 124,500bn (~USD 4.98bn) to four infrastructure, financial-centre and urban projects in HCMC and Dong Nai, with Metro lines 4-5 co-sponsorship on top. VietinBank, NCB, Agribank, MB and Vietcombank signed parallel agreements at the same State Bank of Vietnam conference, tying bank credit to the Southeast region's 2026-2030 build-out.
Oct 23, 2026
Full Analysis
Positive
strategic partnership
NCB signed a strategic agreement with Ben Nha Rong Tourism and a three-party MoU with VietinBank (CTG) and Mat Troi Vung Tau to arrange financing for two HCMC projects worth roughly VND 175,000B combined. The deals position NCB in the city's 2026-2030 public-infrastructure pipeline, though no committed loan amounts were disclosed.
Oct 22, 2026
Full Analysis
Mixed
macro policy
The State Bank of Vietnam's Directive 9608 mandates deposit rate cuts of at least 0.5% a year and lending rate cuts of 1.5-2% for priority sectors, with credit growth quotas cut for non-compliant banks. VDSC estimates SHB, TPBank and Techcombank may already exceed 2026 credit limits once L/C balances are counted, pressuring net interest margins across the sector.
Oct 20, 2026
Full Analysis
Neutral
rate decision
Vietcombank (VCB) and VietinBank cut deposit rates by 50 basis points across 6-24 month terms from 20 October 2026, with roughly 15 private banks reducing 50-70 basis points after a State Bank of Vietnam meeting on 19 October. The coordinated move lowers funding costs sector-wide and is intended to open room for lending-rate cuts, compressing near-term net interest margins while supporting credit demand.
Oct 19, 2026
Full Analysis
Positive
rate decision
Fifteen private banks led by ACB, TPBank, Sacombank and LPBank cut deposit rates by 0.5-0.7 percentage points for terms of six months or more on October 19, one day after the State Bank of Vietnam ordered at least a 0.5-point reduction on deposits and 1.5-2 points on priority-sector lending. The SBV tied non-compliance to credit-limit cuts, making the directive effectively binding rather than advisory.
Oct 16, 2026
Full Analysis
Positive
capital raise
Eight Vietnamese banks plan to issue shares worth an estimated VND 143,830 billion (about USD 5.4 billion) between Q4 2026 and 2027, per SSI Research. NCB leads at roughly VND 33,000 billion, ahead of Vietcombank at VND 31,771 billion and BIDV at VND 28,080 billion, lifting sector equity by an estimated 6.9%.
Sep 23, 2026
Full Analysis
Neutral
sector sentiment
Nearly ten Vietnamese banks, including VPBank, SHB, OCB and Sacombank, are quietly offering savings rates of 9-9.35% through employee referral codes, well above the 7.9% highest publicly listed rate. The widening gap between quoted and official rates points to intensifying deposit competition as credit demand rises.
Sep 13, 2026
Full Analysis
Positive
contract win
NCB signed a comprehensive cooperation agreement to lead financing for the Gia Binh Airport–Hanoi road, committing a minimum credit limit of VND 6,800 billion through 2027 within a VND 17,000 billion project. It is NCB's second major Hanoi infrastructure mandate after the Tran Hung Dao bridge, deepening its role in national transport projects.
Sep 09, 2026
Full Analysis
Positive
sector sentiment
Vietnamese banks reported a 54.3% YoY increase in service fee income in Q2 2026, with Techcombank (TCB) leading at VND 6,811 billion. This shift toward non-interest income is crucial as NIM pressures persist, making digital transformation a key driver for revenue diversification.
Aug 18, 2026
Full Analysis
Positive
capital raise
NCB proposes issuing 3.3 billion private shares at 10,000 VND each to raise charter capital by 33,000 billion VND in 2027, a 112.7% increase that would lift total charter capital to nearly 62,280 billion VND. The move follows a record H1 2026 with total assets up 21.5% and after-tax profit up 57% year-on-year, positioning NCB for top-10 bank status.
Aug 16, 2026
Full Analysis
Positive
rate decision
MSB, Nam A Bank, KienlongBank, and NCB have announced lending rate cuts and preferential credit packages, with MSB offering rates at least 1% lower for SMEs and a VND 3,000 billion facility. These moves aim to channel credit into priority sectors and support economic growth, potentially impacting net interest margins for the banks.
Aug 14, 2026
Full Analysis
Positive
macro policy
Following the Prime Minister's directive, Vietnamese banks including KienlongBank, Sacombank, and the big four state-owned banks have launched preferential credit packages and cut lending rates by up to 2.5% per year. However, experts warn that access to credit, not just cost, remains the key bottleneck for SMEs.