TPB

GMD saw proprietary trading desks net buy over VND 300 billion on July 20, accounting for nearly 70% of total proprietary net buying on HOSE. Foreign investors net sold VND 96 billion, with VCB leading the sell-off. The divergence highlights continued foreign outflow pressure while domestic institutions selectively accumulate logistics and real estate names.

VPB posts Q2 2026 pre-tax profit of VND 10,959 billion, up 76% YoY, lifting 6M profit to VND 18,880 billion (+68%). TPB, HND, PPC, and BMP also report double-digit profit growth, while OCBS leads all companies with over 4,000% earnings surge. The banking and securities sectors show robust momentum, contrasting with weaker hydropower results.

VPB reports Q2 2026 pre-tax profit of VND 10,959 billion (+76% YoY), becoming the first Vietnamese company to surpass VND 10,000 billion in quarterly earnings. The result drives 6M2026 profit to VND 18,880 billion (+68% YoY), reinforcing VPBank's leading position in the banking sector.

VPBank, TPBank and ABBank report sharp H1 2026 profit increases, with VPBank's pre-tax profit up 68% YoY to VND 18.9 trillion and ABBank up 80%. Analysts project sector net profit growth of about 16% in H1, supported by credit expansion and digital banking, though margin pressures persist.

SBV Governor Pham Duc An stated that interest rates are rising due to high credit demand and tight capital mobilization, directly impacting businesses. The central bank is considering expanding foreign currency lending and allowing commercial banks to manage assets for corporate bond issuance. This macro policy shift affects major banks including VPB, BID, CTG, VCB, and TPB.

Foreign investors net sold VND 2,080 billion (USD 83.2M) across Vietnam's market last week, with FPT being the most sold stock at VND 606 billion, while VNM led net buying at VND 328 billion. The sell-off contributed to a 40-point drop in the VN-Index, which closed at 1,787.45.

VPB reported Q2 2026 pre-tax profit of VND 10,959B, up 76% YoY, bringing H1 total to VND 18,880B (+68%). TPBank (TPB) also posted solid growth with Q2 profit of VND 2,562B (+26%). Among other names, PPC saw a 1,019% profit surge from a low base, while securities firms like BVS, VIX, and CTS reported sharp declines. The mixed results highlight divergent sector performance.

MCH (Masan Consumer) and TCX (TCBS) will be added to the VN30 index effective August 3, replacing TPB (TPBank) and PLX (Petrolimex). ETF rebalancing is expected to generate net buying of approximately VND 386 billion for MCH and VND 60 billion for TCX, while TPB and PLX face selling pressure of VND 81 billion and VND 36 billion, respectively.

TPBank (TPB) posts H1 2026 net profit of VND 4,668B (+12.5% YoY) with credit growth of 9.62% and NPL below 1.5%. Vietbank (VBB) pre-tax profit surges 79.4% to VND 923B, while BVBank (BVB) total assets rise 7% and Vietcombank (VCB) assets increase 9.83%. The results signal broad-based earnings momentum across Vietnam's banking sector.