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%.
Foreign investors were net sellers of approximately 421 billion VND (~$16.84 million) on the session, with proprietary trading by securities companies also showing significant net selling in specific stocks like FUEVFVND and HPG.
MBB reported Q1 2026 consolidated pre-tax profit of VND 9,500B (+13.3% YoY) and added 1.2 million customers, while ACB, NAB, and VPB posted YoY gains of 17%, 32.5%, and 58%, respectively. The results, disclosed at recent AGMs, highlight continued profit momentum across mid-sized Vietnamese banks, with VPB leading growth on a 26.3% rise in total operating income.
The State Bank of Vietnam signals monetary easing, prompting 29 commercial banks including Vietcombank (VCB), BIDV, and VietinBank to cut deposit rates. This shift is expected to improve liquidity and rapidly change investor psychology in the real estate market from defensive to ready-to-disburse, with mortgage rates potentially staying below 10% annually through year-end.
Vietstock's technical analysis report highlights 10 stocks with mixed short-term outlooks based on price action and technical indicators.
Vietcombank (VCB) and other major Vietnamese banks have ceased the automatic splitting of transactions valued at 500 million VND or more to route them through the 24/7 fast transfer system, in compliance with State Bank of Vietnam Circular 40/2024. This shifts large-value transfers to standard processing, potentially delaying settlement and introducing additional anti-money laundering checks, as part of broader regulatory efforts to enhance payment security.
Foreign investors were net sellers of 639 billion VND (~$25.56 million) on the Vietnamese stock market, with net buying in Retail and IT sectors and net selling in Banking. Proprietary trading desks were net buyers of over 1 trillion VND.
Market liquidity improved slightly in the week of April 13-17, with capital flows concentrating in real estate and steel stocks, while financial and oil & gas stocks saw outflows.
The Vietnamese banking system faces a fundamental liquidity shortage, with deposit rates remaining high despite recent cuts of 0.1-0.5% by 30 banks since April 10. The State Bank of Vietnam has pressured 46 banks to lower rates, but system-wide loan-to-deposit ratios have risen from 95% in 2021 to 112% currently, indicating ongoing funding pressure that could impact net interest margins.
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.
Vietstock's technical analysis report highlights 10 stocks (DPM, EIB, HDB, MBB, NLG, SHB, STB, TCB, VJC, VNM) with mixed technical signals for the week of 20-24 Apr 2026.
MBB (Military Bank) posted a Q1 2026 pre-tax profit of VND 9,500 billion, a 13.3% year-on-year increase, driven by a 21.5% revenue surge and customer base growth to 36.2 million. The result, disclosed at its Annual General Meeting, highlights robust performance amid sector-wide strength, with peers VPB, ACB, and NAB also reporting double-digit profit growth.
Foreign investors were net sellers of 4,497.4 billion VND (~$179.9 million) last week, with net selling of 1,069.2 billion VND via matched orders. Net buying was concentrated in Real Estate and Basic Resources sectors (e.g., VIC, HPG), while net selling focused on Information Technology (e.g., FPT, BID).
MB Bank (MBB) held its 2026 AGM, approving a 10% cash dividend for 2025 and a 15% stock dividend, alongside a capital increase plan and a 15% pre-tax profit growth target for 2026.
Military Commercial Joint Stock Bank (MBB) held its 2026 AGM, approving a 10% cash dividend and a 15% stock dividend from 2025 profit, alongside a capital increase plan.
所有信息仅供参考，不构成投资建议。过往表现不代表未来收益。数据来源于越南公开市场信息。
最后更新: 2026-04-21T15:46:46Z.