The VN-Index surged over 4.7% after FTSE officially upgraded Vietnam's stock market to secondary emerging status, effective September 2026. Securities companies are optimistic, forecasting continued market growth towards 1800-1840 points and advising investors to increase positions.
The Standing Committee of the National Assembly has agreed to submit a proposal to the National Assembly to significantly reduce environmental protection tax, VAT, and special consumption tax on gasoline, diesel, and jet fuel, effective from April 16 to June 30, to stabilize prices and curb inflation.
The US Federal Reserve's March meeting minutes reveal a growing openness among some members to consider raising interest rates, or at least not ruling out any options, due to persistent inflation and rising energy prices from the Middle East conflict. While many still view rate cuts as the base scenario, this shift in tone reflects concerns over inflation staying above the 2% target.
The Vietnamese government presented its 2026-2030 socio-economic development plan to the National Assembly, targeting over 10% average GDP growth and $8,500 per capita GDP by 2030. The plan outlines 11 key task groups focusing on institutional reform, macroeconomic stability, infrastructure development, and digital transformation.
Vietnam's stock market is experiencing euphoria after FTSE Russell confirmed its upgrade to Secondary Emerging Market by September 2026, expected to attract billions in foreign capital. This, coupled with easing geopolitical tensions, is seen as a long-term positive for the market, especially the VN30 and securities sector.
The Vietnamese government proposes a medium-term public investment plan of 8.22 quadrillion VND for 2026-2030, focusing on key national projects like high-speed railways and expressways. This significant investment aims to boost infrastructure development and economic growth, with the National Assembly set to vote on the plan by April 23.
Vietnam is on track for a stock market upgrade to Secondary Emerging Market by September 2026, potentially attracting $3-25 billion in foreign capital and significantly boosting liquidity. However, experts caution that sustained market growth will ultimately depend on macroeconomic factors rather than the upgrade alone.
Vietnam's VN-Index saw a record-breaking rally, boosting the wealth of several billionaires, following FTSE Russell's confirmation of the country's upgrade to an emerging market. While the short-term outlook remains positive, analysts caution about potential market slowdowns and profit-taking in late April and Q2.
The Vietnamese government proposes reducing environmental protection tax, VAT, and special consumption tax on gasoline, diesel, and jet fuel to zero until June 30th to mitigate global energy price impacts and control inflation. This policy, if approved by the National Assembly, would take effect from April 16th.
Leaders of Samsung, Hyundai, LG, and SK, along with 200 Korean businesses, are set to visit Vietnam in late April to explore new business opportunities and diversify risks. This significant delegation highlights Vietnam's growing appeal as a key investment destination for major Korean chaebols.
The National Assembly is discussing a revised Capital Law to grant maximum decentralization to Hanoi, empowering the city to address major issues like traffic, pollution, and housing, and to foster economic development. The law is expected to be approved soon and take effect from July 1st, serving as a launchpad for Hanoi's sustainable growth.
ACB's AGM approved a 2026 pre-tax profit target of over 22.3 trillion VND, a 20% dividend (7% cash, 13% stock) to be paid in Q2, and a capital increase to over 58 trillion VND. The bank also plans to establish a non-life insurance company, despite missing its 2025 profit target.
The Vietnamese government has issued a resolution to separate land compensation and resettlement for the $67 billion North-South high-speed rail project into independent projects for local implementation. Da Nang is projected to have the highest land clearance cost at 20.209 trillion VND, with other provinces and EVN also allocated significant funds for related works.
The National Assembly is discussing the 2026-2030 socio-economic development plan, medium-term public investment, national finance, and public debt. This session also includes reviewing several draft laws and the 2024 state budget settlement.
Vietnamese shrimp exporters are facing significant losses and order cancellations due to a regulatory oversight where key shrimp farming areas in Ca Mau are excluded from the 2026 residue monitoring program, preventing them from obtaining necessary export certificates for EU and similar markets. The Vietnam Association of Seafood Exporters and Producers (VASEP) has urged authorities to implement a transitional mechanism to resolve the issue.