SSB

Vietnam's stock market is set for FTSE emerging market reclassification in September 2026, with ACBS projecting net foreign buying of approximately USD 128 million across 19 eligible stocks. VIC leads with an estimated USD 60 million inflow, followed by VHM at USD 19 million, signaling positive sentiment for large-cap and select mid-cap names.

ACBS estimates 19 Vietnamese stocks will be added to the FTSE Global Equity Index Series after Vietnam's market upgrade in September 2026, triggering net foreign buying of approximately $128.2 million. VIC and VHM are expected to receive the largest inflows, at $60 million and $19 million respectively, with Vingroup ecosystem stocks accounting for 67.7% of total estimated net purchases.

SeABank (SSB) appointed Mr. Vo Long Nhi (Andrew Vo) as Deputy General Director effective June 1, 2026, adding a 25-year finance veteran to its top management. The move aligns with the bank's strategy to expand green finance and international partnerships, having raised over USD 1.1 billion from global institutions.

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.

MSB was the most sold stock by foreign investors in the last week of May, with net selling of VND 1,756 billion, contributing to a total foreign net outflow of VND 5,118 billion across the market. The selling pressure pushed VN Index down 0.73% to 1,863.49 points, highlighting persistent foreign divestment from Vietnamese equities.

On May 27, 2026, foreign investors net sold VND 791.4 billion (USD 31.66M) on the Vietnamese stock market, with retail investors also net selling VND 1,526.7 billion. Notable block trades included VIC (VND 1,597.5B) and VJC (VND 572.9B). MSB, MWG, and VPB were among the top foreign-bought stocks, while VHM, HPG, and VIC were sold.

Foreign investors net sold VND 1,802 billion (USD 72 million) on May 22, 2026, the highest in three months, driving VN-Index down 1.68%. Blue-chips VIC, VHM, and MSB led the sell-off, with VIC losing 3.52% and VHM 4.88%. The selling pressure underscores persistent foreign outflow from Vietnamese equities.

SeABank (SSB) plans to issue 583.8 million shares as a 20.5202% stock dividend from retained earnings, plus 40 million ESOP shares for management, aiming to raise charter capital to VND 34,688 billion. The move strengthens capital adequacy under Basel III and supports a 2026 pre-tax profit target of VND 7,068 billion (+3%).

BIDV and Sacombank each reported non-performing loans exceeding VND 40,000 billion in Q1 2026, contributing to an 11% sector-wide NPL surge to VND 292,160 billion. The broad-based deterioration in asset quality raises provisioning costs and pressure on net interest margins for most listed banks, with only three lenders showing improvement.

SeABank (SSB) secures SBV approval to increase charter capital by up to VND 6,238 billion, primarily through a 20.5% stock dividend (VND 5,838B) and a VND 400B ESOP. The move strengthens capital adequacy ratios under Basel III ahead of 2026 targets including 3% pretax profit growth and 17% credit expansion.

SSB sees a net-neutral insider transaction: the spouse of Vice Chairwoman Nguyen Thi Nga registered to buy 5 million shares (raising his stake to 1.955%), while her son registered to sell 5 million shares (reducing his stake to 1.102%). The moves, scheduled from May 15 to June 12, 2026, coincide with SeABank's plan to raise charter capital from VND 28.45T to VND 34.69T via a stock dividend and an employee stock program.