Agribank's Tràng An branch is auctioning Villa No. 29 in the Nam Thăng Long (Ciputra) urban area in Hanoi, with a starting price of VND 170 billion, to recover debts of two companies. The price is about VND 3 billion higher than at the fourth auction in late 2024. BIDV, through BAMC, plans to seize a villa in Vinhomes Riverside, Hanoi, from 8:00 on 13/11/2026 to handle overdue loans of Công ty Cổ phần Dược liệu Việt Nam, and has not announced a price. Agribank's Hoàng Mai branch is also offering a three-storey villa in Bắc Ninh with an expected starting price of VND 29 billion, part of the collateral of Công ty TNHH Đông Á Bắc Ninh. In the auto segment, VietinBank's HCMC branch 4 is seeking an auction firm for a blue Rolls-Royce Ghost with a starting price of nearly VND 11 billion, along with five Hyundai tank trucks linked to Xuyên Việt Oil.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Ngân hàng rao bán biệt thự Ciputra, xe sang Rolls-Royce, Mercedes,... để thu hồi nợ
Keywords
banksreal estatenon-performing loans
Open a keyword to see other news on the same topic.
Related tickers and likely impact
VNINDEX
• NeutralRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 10/23/2026 | 1,774.15 |
| Change that session | +0.77% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- BIDV to seize more than 18,000 m2 of Trung Nam's land to handle bad debt
BAMC, the asset management and debt recovery unit of BIDV, announced it plans to seize an 18,027 m2 land plot in the Thủy Tú eco-urban area of Da Nang, owned by Trung Nam Joint Stock Company, to recover debt, starting at 8:00 on October 30, 2026. Trung Nam mortgaged the land to secure loans taken by two individuals from BIDV's Quang Trung branch. The bank had requested handover of the collateral since July 24, 2026, but the parties had not carried it out when the notice was issued. The notice does not disclose the outstanding debt or the separate valuation of the collateral. The Golden Hills City project covers a planned area of over 335 ha, and on July 7, 2026, Da Nang's People's Committee raised its total investment from 4,400 billion VND to more than 15,468 billion VND as part of efforts to resolve legal obstacles. Some 2,804 residential plots covering more than 42 ha have been completed and transferred, while the remaining works are scheduled for completion between 2027 and 2034.
- First Bank to Post Negative Q3 Profit Growth
Saigonbank (SGB) reported a Q3 2026 pre-tax profit of only 17.8 billion dong, down 78.7% year on year, as interest expenses rose faster than interest income and credit loss provisions jumped to 42.7 billion dong, roughly 3.9 times higher. Net interest income grew just 2.1% to 201.7 billion dong, operating expenses rose 14.4% to 184.3 billion dong, and non-interest income lines all declined. For the first nine months, pre-tax profit was 65.9 billion dong, down 74.4%, equal to about 21% of the bank's full-year pre-tax target of 310 billion dong. As of September 30, 2026, total assets were 35,373 billion dong, customer loans fell 1% to 21,754.6 billion dong, and customer deposits fell 4.4% to 25,171.5 billion dong, while bad debt rose 2.6% from the start of the year to 666.4 billion dong, or 3.06% of loans.
- South Plains Financial ( SPFI ) Q3 2026 Earnings Call Transcript
South Plains Financial (SPFI) reported third-quarter 2026 net income of $20.8 million, up from $19.0 million in the prior quarter, with diluted EPS of $1.06. Loans held for investment reached $3.83 billion, growing 6.3% annualized on an organic basis, while the net interest margin held steady at 4.0%. Nonperforming loans rose to 0.40% of total loans from 0.25%, mainly due to loans acquired with Bank of Houston, whose integration is now largely complete. CEO Curtis C. Griffith is scheduled to retire at year-end, with President Cory T. Newsom assuming the CEO role. The bank also announced its 30th consecutive quarterly dividend.
- Techcombank posts record quarterly profit of VNĐ10 . 4 trillion
Techcombank reported record third-quarter pre-tax profit of VNĐ10.4 trillion (US$402 million), up 25.8% year-on-year. For the first nine months, total operating income rose 17.1% to VNĐ45.2 trillion and pre-tax profit increased 23.7% to VNĐ28.9 trillion, with trailing 12-month ROE at 16.3%. Net fee income grew 40%, led by a 136.6% jump in letter of credit, cash and payment fees, while investment banking fees fell 17.5% as higher interest rates weighed on margins. Customer deposits rose 8.4% to VNĐ692.1 trillion, but the NPL ratio climbed to 1.36% from 1.15%, which the bank mainly attributed to several individual loans outside its core sectors. Subsidiary TCBS also posted its highest quarterly pre-tax profit to date, at VNĐ2.15 trillion.
- At end of Q3, PGBank's pre-tax profit reaches VND 630 billion, up 27% year on year
PGBank reported pre-tax profit after provisions of VND 630 billion for the first nine months of 2026, up 27% from the same period in 2025, as total operating income rose 9.6% and non-interest income from services and foreign exchange more than doubled. As of September 30, 2026, total assets reached VND 92,637 billion, up 4.3% from end-2025, with loans to customers up about 7.1%, customer deposits up 5.8%, and non-term deposits (CASA) surging 32%. Owners' equity rose 27.8% to VND 8,364 billion, and charter capital increased 33.2% to VND 7,327 billion. The bank's non-performing loan ratio stood at 2.46%, which it said remains within the safe threshold set by the State Bank of Vietnam.
- Morning of 19/10: Five banks report nine-month profits, with the system's largest private bank posting record earnings
VPBank reported consolidated pre-tax profit of nearly VND 30,000 billion for the first nine months, equal to its full-year 2025 result, up nearly 47% and reaching about 72.4% of its annual plan; Q3 profit exceeded VND 11,000 billion, its highest quarterly level in history. Consolidated total operating income rose 25.3% to nearly VND 65,500 billion, with net interest income up 26.7% and net service income up 76.3%. ABBank estimates pre-tax profit of VND 4,540 billion, up 97% and completing 100% of its annual profit plan, with its NPL ratio kept below the 1.5% target. Nam A Bank posted over VND 4,700 billion, up 25% and reaching nearly 80% of its annual plan, while its NPL ratio was about 1.5% and its CAR stood at 11.3%. Vietbank earned VND 1,297 billion, up 50%, and SHB estimates VND 14,300 billion for nine months.
Related markets
Latest news
- Warren Buffett Won His 10-Year Bet Against Hedge Funds. Here's What the S&P 500 Has Done Since It Ended.
Warren Buffett won his 10-year bet with Protégé Partners: the Vanguard S&P 500 index fund returned 125.8% from 2008 to 2017 (around 8.5% a year), while the five funds of funds Protégé picked returned between 2.8% and 87.7%. Those funds beat the index in 2008, when the index fell 37%, but lagged in each of the following nine years. The author says the VOO fund turned $10,000 invested at the close on Dec. 29, 2017 into around $33,300 as of this writing (about 233%, almost 15% a year), compared with around $22,600 for the bet's winner over its 10 years. The author argues that most of the gap comes from 2008, the year of the financial crisis: a $10,000 investment in the index fund at the start of 2008 would be worth around $75,000 today, about 11% a year. The author still favors a low-cost S&P 500 index fund for long-term money over picking individual stocks, but suggests planning on returns closer to 8.5% a year than the almost 15% since the bet ended.
- Europe Considers Deploying Forces in the Black Sea
According to a report citing Topcor.ru, some members of the European Parliament have proposed that the EU and its member states consider deploying naval forces in the Black Sea after recent deadly attacks. The Parliament condemned attacks on civilian ships off the coasts of Bulgaria and Romania and repeated airspace violations over Romania, blaming Russia for the attacks and escalating tensions, but the idea has not been officially endorsed. The proposal concerns EU rather than NATO forces, as the article notes NATO naval forces operate only in the Mediterranean, not the Black Sea. Military experts say Russia could respond more forcefully if European navies deploy there, and the Kremlin accuses the move of aiming to contain Russia and support Ukraine.
- As AI Labs Burn Cash, the Real Question Is Which Suppliers Get Paid
Microsoft confirmed it is pulling out of a planned UK AI data center being developed by Nscale, because the electricity needed would not be available until the 2030s, while keeping its other agreements with Nscale. The article argues investors should distinguish suppliers paid for hardware, such as Nvidia and Broadcom, from operators like Oracle, CoreWeave and Nebius, which build data centers, rent capacity and must fund infrastructure while waiting for customers to pay. Nvidia has invested in more than 200 companies, while Broadcom's risk lies in customer concentration. AMD is competing with Nvidia through a deal to deploy 6 gigawatts of its GPUs for OpenAI, and it granted OpenAI warrants for up to 160 million AMD shares tied to milestones. Nvidia has also agreed to buy unused CoreWeave computing capacity under certain conditions through 2032.
- Russia's space industry falls behind; allies turn to US rockets?
Russian political scientist Yuri Baranchik argues that a rocket from Elon Musk's rival, not a Russian one, launched Kyrgyzstan's first national satellite into orbit, even though Kyrgyzstan is a member of the EAEU and CSTO. The Vostochny Cosmodrome has launched no spacecraft so far in 2026: a Soyuz-2.1b launch was postponed to November–December and has been delayed again, a Start-1M launch was moved to 2027, and nearly 10 months have passed without a launch from the site. Baranchik says Russia must offer allies a compelling proposal, since its reputation as a leading space power is not enough to win customers. Otherwise, allies may keep turning to rivals such as the United States, and Russia could gradually lose its allies.
- Musk: Ukraine violated Starlink service terms
Billionaire Elon Musk has accused the Ukrainian military of violating Starlink's service terms and using the service to carry out deadly drone attacks, according to a post on X on 24 October. He said the loophole was patched the previous week, and access to the service has since been restricted. Musk also sharply criticised those he said want to prolong the conflict in Ukraine indefinitely without offering feasible solutions. Ukrainian authorities have not yet responded to the allegations.
- Russia and US quietly prepare major deals
According to Russian outlet MK.ru on 24 October, Russia and the United States are quietly preparing further major economic projects before the end of 2026, following the diesel deal, covering rare earths, fertilisers, liquefied natural gas (LNG) and aluminium. A Russian diesel tanker left the port of Primorsk on 23 October bound for New York, after US President Donald Trump directed the issuance of a temporary licence for Russia-related fuel activity. Kirill Dmitriev of RDIF said this may be only the tip of a broader process, with diesel and fertilisers seen as the areas most likely to move quickly. Rare earths, LNG and aluminium still face obstacles, and a USD 15 billion aluminium project in Krasnoyarsk is considered unlikely to be implemented in the short term. Economist Nikita Maslennikov says high inflation and unstable investment conditions remain major obstacles to US capital returning to Russia.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.