See the full story in the original article.
Original headline: Hôm nay, Quốc hội thảo luận về phát triển kinh tế - xã hội và ngân sách Nhà nước
Keywords
budgetGDP growthpublic spendingVietnam
Open a keyword to see other news on the same topic.
Related tickers and likely impact
VNINDEX
• NeutralRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 10/16/2026 | 1,705.91 |
| Change that session | +0.45% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Ho Chi Minh City Party chief urges businesses to pay Tết bonuses in November or December
Ho Chi Minh City Party Secretary Trần Lưu Quang said the city encourages businesses to pay Tết bonuses in November or December 2026, so workers can shop early and avoid last-minute rushes. Instead of simply displaying goods, the city aims to put money in people's hands through e-commerce, digital commerce, the MoMo e-wallet and buy-now-pay-later credit packages with banks, alongside major music and entertainment events. He said hotels, shops and food stalls at Bến Thành Market have grown busier, though no detailed statistics are yet available, and many large hotels will cut room rates until year-end. The city is auctioning land plots worth over VND 90,000 billion but will hold off on sales if prices fall short of expectations, saving resources for 2027 and beyond. It is also speeding up public investment disbursement and capital for BT projects.
- HCMC Party Secretary Trần Lưu Quang: city is carefully gathering resources to achieve double-digit growth
At a National Assembly group session on October 18, HCMC Party Secretary Trần Lưu Quang said the city is carefully mobilizing resources to achieve double-digit GRDP growth, while stressing sustainable growth rather than growth at any cost. The government assigned the city a 10.2% growth target; after nine months it has reached 9.06%, so it would need 13.23% growth in the fourth quarter. To boost demand, the city plans to use e-commerce and e-wallets for buy-now-pay-later purchases, encourage firms to pay Tết bonuses in November and December, and push public investment disbursement. NA Chairman Trần Thanh Mẫn noted that private investment accounts for only 53% of total capital and unrecovered advances remain around 37%. Associate Professor Trần Hoàng Ngân proposed State Bank refinancing so banks can fund long-term loans, arguing that real lending rates of 4.5-5% are too high for businesses.
- Budget 2026 predictions: when is it and what could be announced?
- France Pension Crisis : How Rising Costs Are Squeezing Public Services
France's public spending reached 57.2% of GDP in 2025, well above the euro-area average according to the OECD, with pension spending at around 14.1% of GDP as retirees grow in number relative to workers. A government report published in October found pensions take 32% of the education ministry's budget (€28.5 billion) and about 30% of the interior ministry's, averaging 13% across ministries, which leaves less room for schools and public services. According to Insee, the 2025 public deficit was 5.1% of GDP and public debt 115.6% of GDP, and the proposed 2027 budget seeks to rein in the deficit through spending restraint and changes affecting pensions and public-sector pay. Past reform attempts have provoked backlash, notably the 2023 move to raise the retirement age from 62 to 64, which triggered mass protests and has since been suspended.
- Irresponsible House budget
The People’s Budget Coalition (PBC) says the House-approved P7.2-trillion 2027 national budget contains P1.06 trillion in “red flag” allocations, including pork barrel projects and handouts it considers vulnerable to political patronage ahead of the 2028 election. The House reportedly cut P34.7 billion from the Metro Manila Subway and the North-South Commuter Railway, P53.5 billion from foreign-assisted bypass roads and highways, and P4.9 billion from DOH immunization, while redirecting P54 billion to local District Engineering Offices. Delays in foreign-assisted projects are adding costs; Finance Secretary Frederick Go said the government accumulated P3.4 billion in commitment fees from 2022. DOTr, seeking P12.8 billion to buy LRT-2 trains, is allowing public utility buses along the line as a temporary measure. Senate finance committee chair JV Ejercito pledged to restore and protect funding for the subway and railway lines.
- Why have France school protests become a wider political crisis ? - Dominican Republic Post – Caribbean News , Business , Travel & Culture
About 550,000 people demonstrated across France on Saturday, according to the Interior Ministry; most marched peacefully, but a small minority attacked buildings, looted shops and clashed with police, and Prime Minister Sebastien Lecornu said 1,200 people were arrested and 150 officers injured. The protests began last month with high school students in Paris' northern suburbs angry over teacher shortages and poor facilities, then spread to other cities and joined trade unions, public sector strikers and “yellow vest” supporters. The anger is compounded by a proposed 2027 budget with a 54 billion euro package of cost-cutting and tax measures, including a freeze on civil servants' pay scale that unions say would be the fourth consecutive annual freeze. Experts say the crisis reflects deeper discontent with political paralysis since the 2024 elections, which left no bloc with an outright majority. President Macron said those responsible for violence would be “prosecuted and punished”, while Jean-Luc Melenchon accused the government of repressing students.
Related markets
Latest news
- Intel stock pops after JPMorgan gives a Neutral upgrade
JPMorgan (JPM) upgraded Intel (INTC) to Neutral from Underweight. The note points to improving execution under CEO Lip-Bu Tan, potential foundry customers for next-generation manufacturing, and rising earnings estimates for 2027 and 2028.
- Intel leads chip stocks higher as investors jump back into AI trade
Chip stocks rebounded on Monday as investors bought the dip after last week's steep AI trade sell-off. The PHLX Semiconductor Index (^SOX) rose 2%, reversing a recent semiconductor rout. Intel (INTC) jumped 5% after JPMorgan upgraded the stock to Buy, citing "solid execution." Nvidia (NVDA) and AMD (AMD) also gained, while a Goldman Sachs upgrade of CoreWeave (CRWV) to Buy from Neutral helped lift AI sentiment. Arm Holdings (ARM), Micron Technology (MU) and SK Hynix (SKHY) also rebounded after sharp declines last week.
- Netflix stock is down roughly 25% in 2026 as Q3 earnings loom
Netflix (NFLX) reports third-quarter results after the bell on Tuesday, with the stock down more than 25% this year and closing Friday near $70, versus $93.76 at the end of 2025. Investors are worried about slowing viewership, competition from YouTube, and live sports moving to Amazon Prime Video and HBO Max. Last week Netflix cut about 6% of its workforce (roughly 1,000 employees) and named Peter Rice its new chief content officer, and five firms lowered price targets in October. Analysts expect EPS of $0.82 on revenue of $12.88 billion, up about 12% from a year earlier, in line with Netflix's own forecast. KeyBanc's Justin Patterson wants more content investment, product changes, expense cuts and a possible first-ever dividend.
- Cleveland-Cliffs Jumps 10% on Strongest Quarter in Three Years; Nucor and Steel Dynamics Edge Higher
Cleveland-Cliffs (CLF) rose 10% to $13.29 after reporting third-quarter adjusted EBITDA of $612 million, beating its $575 million guidance and up sharply from $143 million a year earlier. Revenue of $5.61 billion missed the $5.72 billion expected, though sales rose 18.6% year over year on a higher average net selling price of $1,177 per ton and larger shipments. Management said imports remain well below historical levels, but it indefinitely idled the galvanizing lines at its Canadian unit Stelco due to oversupply. The company guided to about $715 million of adjusted EBITDA in Q4 and said 2027 adjusted EBITDA should exceed $4 billion based on current index price forecasts. Its target is to bring net debt to EBITDA below 2.5x by mid-2027.
- Tech rebounds as semiconductor stocks jump: AlphaCheck
Stocks were mostly higher on Monday as investors turned their focus to earnings season, with semiconductor stocks rebounding after last week's sharp sell-off. The Tech sector (XLK) rose, led by Nvidia (NVDA), AMD (AMD), Micron (MU) and SK Hynix (SKHY). Intel (INTC) also jumped after JPMorgan analysts upgraded the stock, while CoreWeave (CRWV), hammered last week, rebounded on a Goldman Sachs upgrade. Investors are watching this week's reports from Netflix (NFLX), SpaceX (SPCX), Tesla (TSLA) and Meta (META). The 10-year Treasury (^TNX) yield hovered near 5.1%, while Brent crude (BZ=F) dropped to $108 per barrel and WTI (CL=F) hovered below $98.
- AI capex may be Meta's biggest earnings test
Meta Platforms (META) reports third-quarter earnings after the close on Wednesday, alongside a wave of Big Tech peers. The GAAP EPS estimate is $3.54, though that figure may be messy because a legal settlement will be included and analysts differ on how it will be accounted for. Options imply a 3.2% move in either direction, the smallest since the fourth-quarter report before last. Estimates for next year's capex vary widely: Wedbush near $250 billion, Evercore ISI $210 billion, Bank of America $205 billion and Dan Ives around $194 billion. Most analysts say that spending is acceptable if Meta provides a Muse roadmap and confidence it can monetize it, and the stock is up about seven and a half percent year to date.
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.