The VN-Index rebounded 7.56 points on 16/10 after seven straight sessions of decline, but liquidity stayed weak, with HOSE trading value below 11 trillion VND, down 25% from the previous session. Proprietary desks of securities firms net bought 534 billion VND, led by VPB at 218 billion VND, more than three times the next stock FRT (70 billion VND), while TCB was the largest net sell at 37 billion VND. Foreign investors net sold 489 billion VND, their 11th consecutive session of net selling, with HDB the most sold (182 billion VND) and FPT the most bought (48 billion VND).
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Theo dấu dòng tiền cá mập 16/10: Tự doanh tiếp tục gom mạnh VPB, khối ngoại bán ròng phiên thứ 11 liên tiếp
Read the original on Vietstock ↗
Related tickers and likely impact
VPB
▲ Likely positiveVPBank
Relevance: medium
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Banks |
| Market cap | 245,000 bn VND |
| P/E | 8.2 |
| P/B | 1.37 |
| Close on 10/16/2026 | 24.50 |
| Change that session | +0.20% |
VNINDEX
▼ Likely negativeRelevance: medium
| 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
- Banks begin sharp cuts to deposit rates across many terms on the afternoon of October 19
The State Bank of Vietnam (SBV) asked credit institutions to cut deposit rates by at least 0.5% a year for terms of 6 months or longer, and lending rates by 1.5-2% a year for production, business and priority sectors, while avoiding competitive rate hikes. LPBank cut deposit rates across all terms from 1 to 36 months, with its online 12-month rate now at 6.7% a year and 48-60 month rates at 5.2%. VietBank lowered online rates by 0.5 percentage points for terms of 6 to 36 months, bringing its 6-8 month rate to 5.4% a year. The central bank warned that banks failing to cut rates may face a review of their remaining credit quotas this year, lower targets next year, or higher safety ratios.
- Governor: 'Interest rates on existing loans should also be considered for cuts'
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- Outstanding credit as of October 14 tops 20.7 million billion dong; banks agree to cut lending rates after meeting with the State Bank on the morning of October 19
As of October 14, 2026, outstanding credit to the economy reached 20,721,583 billion dong, up 11.44% from the end of last year and 16.73% year-on-year. On the morning of October 19, State Bank of Vietnam (SBV) Governor Phạm Đức Ấn met with chairs and CEOs of commercial banks, and the banks agreed to cut interest rates. Specifically, listed deposit rates for terms of 6 months or more will fall by at least 0.5%/year, while lending rates will drop by 1.5–2%/year, focusing on production, business and priority sectors. The backdrop includes Middle East conflict driving up oil prices, several major central banks raising rates and a stronger US dollar, all of which pressure Vietnam's monetary policy. The SBV also asks banks to channel credit into production and business while tightly controlling lending to risky sectors, including real estate.
- VPBank posts nearly 30,000 billion VND in profit after nine months, up nearly 47% year on year
VPBank’s consolidated pre-tax profit for the first nine months reached nearly 30,000 billion VND, up nearly 47% year on year and equal to its full-year 2025 result, or about 72.4% of plan. Net interest income rose 26.7% to nearly 53,100 billion VND, while net service income jumped 76.3%, lifting total operating income to nearly 65,500 billion VND (up 25.3%). Consolidated total assets topped 1.6 million billion VND, up 27.8% from end-2025, and customer deposits and valuable papers reached nearly 987,000 billion VND (up 34.2%). Individual NPL was held around 2%, below the 2.5% target, and third-quarter pre-tax profit exceeded 11,000 billion VND, marking two consecutive quarters of record profit.
- State Bank of Vietnam Requires Banks to Cut Savings Rates by at Least 0.5%
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- State Bank of Vietnam: Listed deposit rates to be cut by at least 0.5% per year for terms of 6 months and longer; banks must not compete by raising deposit rates
The State Bank of Vietnam (SBV) issued Document No. 9608/NHNN-CSTT dated 18/10/2026, directing credit institutions and foreign bank branches to lower overall interest rate levels. Immediately, banks must cut listed deposit rates by at least 0.5% per year for terms of 6 months or longer and reduce lending rates by 1.5-2% per year, focusing on production, business and priority sectors. The SBV stressed that banks must not compete by raising deposit rates or lower credit standards to expand loan volumes. The document also calls for tighter control over lending to large-exposure customer groups and risk-prone sectors, especially loans used to pay capital contributions or buy shares in unlisted companies.
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