Despite high savings interest rates (up to 9%), Vietnamese banks are struggling to attract deposits, facing liquidity pressure. Capital is instead flowing into gold, real estate, and the stock market, driven by geopolitical tensions and perceived investment opportunities in these alternative channels.
On April 10th, foreign investors net bought nearly 940 billion VND, with TCB and HPG as top buys, while proprietary traders net bought almost 400 billion VND, focusing on MWG, HPG, and MBB. This combined institutional net buying indicates a positive sentiment for the day's trading.
The Vietnamese stock market experienced a mixed week (06-10/04/2026), with the VN-Index gaining nearly 4% driven by large-cap stocks and market upgrade sentiment, despite profit-taking pressure. Energy stocks performed strongly while IT declined, and foreign investors were net sellers.
Techcombank (TCB) is launching its 'Overseas Insurance Talent Roadshow 2026' in Hong Kong to attract global Vietnamese professionals for its rapidly growing new insurance subsidiaries, Techcom Life and Techcom Insurance. The bank highlights the strong initial performance and tech-driven approach of these new ventures, aiming to rebuild Vietnam's insurance industry.
Information provided for educational purposes only. Past performance does not guarantee future results. Data sourced from public Vietnamese market feeds.