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VNINDEX
• NeutralRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 10/19/2026 | 1,689.84 |
| Change that session | -0.94% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Bank Profits Surge
The 9-month 2026 results show many banks continued to grow profits, with some posting record quarterly earnings. VPBank's pre-tax profit reached nearly VND 30,000 billion, up nearly 47%, equal to its full-year 2025 result and about 72.4% of its 2026 plan; Q3 pre-tax profit topped VND 11,000 billion. Techcombank posted VND 28,900 billion (up 23.7%), while LPBank reported VND 10,421 billion (up nearly 9%). SSI forecasts pre-tax profit of its monitored banks to rise 19.5% in 2026 before slowing to 15.4% in 2027, pressured by narrowing net interest margins and rising credit risk provisions. It also expects system-wide credit growth of 16-17% in 2027 and 17.9% for the monitored banks.
- International Business : Global stocks nosedive as Meta dents AI optimism
Global stocks retreated as tech earnings failed to ease concerns about the AI outlook, with MSCI's All-World index set for its largest daily fall in two weeks, down 0.4 per cent. Meta beat third-quarter revenue expectations, but its plan to issue non-voting stock revived worries about its mounting capital commitments, and a New Mexico judge ordered it to pay a $25 billion penalty in a data privacy case. Brent crude rose nearly 3% to $112 a barrel, near a five-month high, after more Houthi attacks in Saudi Arabia raised supply risks. Investors moved into government bonds, pushing the US 10-year yield down to 5.05%, below France's for the first time in 13 years, while French yields have climbed above 5% amid concerns over social unrest and debt. The France-Germany 10-year spread reached 177.7 basis points, its widest since 2011, while gold fell 1.8% to $4,070 an ounce.
- Putin says Russia and Ukraine are close enough to reach a deal
In an interview with Vesti on October 22, President Vladimir Putin said Russia and Ukraine had come close enough to reach an agreement. He said trilateral talks among Moscow, Washington and Kyiv would focus on security guarantees for both countries after a peace deal, and that Russia had agreed with the US to resume them. US envoys Steve Witkoff and Jared Kushner are expected in Moscow in late October, as Washington hopes for a diplomatic breakthrough before the midterm elections. Fighting continues, with Russia's Defence Ministry saying it struck the Antonov aircraft plant in Kyiv, while President Zelensky said Ukraine is ready to negotiate, likely early next month. Talks remain deadlocked over territory, as Russia demands Ukraine give up all of Donbas, which Kyiv rejects.
- Asian shares wobble as tech rout boosts bonds, dents rate hike bets - Markets
Asian shares fell as concerns over the huge funding needs of AI hit tech stocks, triggering the biggest daily rally in Treasuries in over three years as investors moved into safe-haven bonds. Markets also sharply pared expectations of further Fed tightening, with the implied probability of a December hike falling to 85%, even as Brent hit a five-month high of $114 a barrel. MSCI's Asia-Pacific index excluding Japan fell 0.3%, its fourth straight weekly loss, while Japan's Nikkei dropped 1.3% and South Korea's KOSPI fell 1.7%. On Wall Street, the Nasdaq slid more than 2% as Meta shares lost nearly 8% after posting its first cash outflow in more than a decade, and Tesla fell 3.1% after cutting its 2026 capital spending plans. The 10-year Treasury yield fell more than 19 basis points before steadying at 4.9591%, back below 5%.
- Q3 GDP Grows Nearly 10%, Three Growth Drivers Expected in Q4
Vietnam's Q3 2026 GDP is estimated to have grown 9.95% year on year, lifting nine-month growth to 9.01%, above the 8.15% in Q1 and 8.81% in Q2, according to the General Statistics Office. Industry and construction rose 11.21% over nine months, driven by electronics, computers and tech exports benefiting from AI, data centres and semiconductors, along with demand for construction materials and electricity. September exports jumped 39.1% to a record near $60 billion, turning the monthly trade balance to a $1.27 billion surplus, though the nine-month trade deficit still stands at $19.42 billion. Public investment disbursement reached VND 642,900 billion, 62.9% of plan and up 12.9% year on year, while realised FDI rose 12.1%. S&I Ratings said large capital needs, inflation pressure and tighter global financial conditions are key challenges for Q4, but expects manufacturing, public investment and exports to keep supporting growth.
- Nasdaq dives 2 . 6 % as U . S . and Israel gear up for more attacks on Iran
U.S. stocks mostly fell on Thursday, with the Nasdaq Composite dropping 2.60% to 26,008.86 on a tech-led sell-off and the S&P 500 down 1.21% to 7,663.39, while the Dow Jones Industrial Average edged up 0.02% to 52,866.85. Oil prices surged after reports that Israel and the United States plan to resume bombing Iran after the midterm elections, and Treasury bonds rallied, pushing yields lower. Asian markets fell sharply, with Hong Kong's Hang Seng down 3.03%, Japan's Nikkei 225 down 2.65% and South Korea's KOSPI down 3.52%, while most European indexes closed lower, led by a 1.94% drop in the EURO STOXX 50. The euro slipped 0.12% to 1.1219 against the dollar, while the yen, pound, Canadian dollar and Swiss franc gained against the greenback.
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Latest news
- World's Largest Gold Fund Dumps Over 10 Tonnes of Gold as Prices Slide
SPDR Gold Trust, the world's largest gold fund, continued net selling of nearly 12 tonnes of gold in the 22/10 session, bringing total sales over 2 sessions to nearly 15 tonnes and cutting its holdings to about 1,046 tonnes. Spot gold fell more than 2.8% to around USD 4,025 per ounce at the close of 22/10, and briefly dipped below USD 4,000 per ounce in the morning session of 23/10. Tensions in the Middle East pushed crude oil prices higher, raising concerns about inflation and further Fed tightening, and gold has still not attracted sustained safe-haven demand even as US Treasury yields fell. US September CPI rose 0.6% month on month and 3.7% year on year, while PPI rose 1.3% and 6.3%. Markets price about an 84% chance the Fed holds rates steady at its 27-28/10 meeting and a 16% chance of a 25 basis-point increase; September PCE data due on 29/10 is the next key factor to watch.
- Gold Prices Continue to Fall
On the morning of 23/10, domestic gold prices kept falling, with SJC bar prices varying by seller and the premium over world gold widening. Công ty TNHH Vàng bạc đá quý Sài Gòn listed SJC bars at VND 139-142 million per tael (buy-sell), down VND 300,000; Phú Quý was at VND 138-141.8 million, down VND 500,000; and Mi Hồng at VND 140-141.5 million, down VND 800,000. Gold rings also fell by varying amounts, with DOJI at VND 138-142 million and Phú Quý at VND 138-141 million per tael. World gold dropped USD 129 to around USD 3,992 per ounce, equal to about VND 125.3 million per tael, leaving SJC bars about VND 16.7 million per tael above the world price. The State Bank's central rate was set at 25,627 VND/USD, down 5 dong, while Vietcombank quoted 25,660-26,040 VND/USD (buy-sell).
- Company Linked to Billionaire Pham Nhat Vuong Announces Major Good News
VEFAC (ticker VEF), a Vingroup subsidiary, posted Q3 net revenue of nearly VND 77 billion, up 67% year on year, but a gross loss of about VND 27 billion as cost of sales from its exhibition business exceeded revenue. Q3 profit rose mainly thanks to a gross gain of about VND 65 billion from transferring some schools in a project to a partner, while financial income reached over VND 388 billion, mostly from loan and investment income. For the first nine months of 2026, after-tax profit was nearly VND 865 billion, down about 94% from VND 15,418 billion in the same period of 2025, as the prior year included large gains from transferring part of the Vinhomes Global Gate project. As of 30/9/2026, total assets stood at over VND 31,905 billion, up 36% from the start of the year, while total liabilities exceeded VND 24,364 billion, with short-term customer advances rising from VND 411 billion to over VND 8,373 billion.
- Lotte and Phat Dat Officially Break Ground on VND 60,000 Billion Mega Project in Thu Thiem 'Golden Land'
A joint venture between Lotte Group (South Korea) and Phát Đạt (HoSE: PDR) officially broke ground on 23/10 on Lotte Eco Smart City Thu Thiem in the Thu Thiem New Urban Area, HCMC, with total investment of about VND 60,000 billion. The project covers nearly 7.5 ha and will combine Grade A offices, retail, services, accommodation and housing, adjoining the central plaza and central lake of Thu Thiem. Phát Đạt holds 35% of Lotte Properties HCMC, the project developer, and will develop the housing blocks along with two towers (2-1 and 2-3) with about 219,722 m2 of floor area, while Lotte handles block 2-5. Lotte Properties HCMC paid VND 17,569 billion in land-use fees on 31/7/2026, and Phát Đạt completed its VND 7,666 billion payment to take its 35% stake. MB is funding all of Phát Đạt's capital contribution, while VietinBank and BIDV also support the project.
- International Business : US jobless claims near 57 - year lows
The number of Americans filing new unemployment benefit claims fell to near 57-year lows last week, pointing to low layoffs and suggesting job growth may have picked up in October after weak September payrolls. Economists cite strong profit growth, robust domestic demand, a shrinking workforce from retirements and immigration curbs as reasons workers are being shielded from layoffs, though tighter financial conditions and higher rates from the Middle East conflict could weigh on the labour market next year. Initial claims fell 6,000 to a seasonally adjusted 194,000 for the week ended October 17, below the 200,000 forecast by economists polled by Reuters, while the four-week average dropped to 197,750, its lowest since 1969. The number of people receiving benefits after their first week rose 25,000 to a still-low 1.728 million in the week ended October 10. Economists still describe the labour market as 'low-hire, low-fire', with uncertainty from the war and tariffs stymying hiring.
- Why Did AAPL, KO, KDP Stocks Hit 52-Week Highs Today?
Apple, Coca-Cola and Keurig Dr Pepper (KDP) hit fresh 52-week highs on Thursday, lifted by strong early demand for Apple's new foldable phones, improving sentiment toward beverage makers and bullish analyst views. Apple reached an all-time high of $348.36 as sales of its iPhone Duo began, with early demand reportedly exceeding supply and delivery dates moved to late January. Coca-Cola hit a record $95.37 and is on track for its strongest annual performance since 1996, also helped by the resignation of Calley Means, a health adviser to Robert F. Kennedy Jr., which may signal that tougher federal food restrictions could be delayed, and by KFC's plan to switch to Coca-Cola beverages from January. KDP hit an annual high of $35.4 after JPMorgan raised its price target to $39 from $38 while keeping an 'Overweight' rating, ahead of its November 3 third-quarter results. So far this year, the three stocks have gained between 24% and 36%.
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