News · VnExpress

UOB raises Vietnam growth forecast to 9.2%

UOB has raised its 2026 GDP growth forecast for Vietnam to 9.2% from 8.5%, after third-quarter GDP grew 9.95%, the fastest since Q3 2022 and above both UOB's and Bloomberg's 9% forecasts. Nine-month growth reached 9.01%, with industry and construction up 11.21% and contributing 49.62% of value-added growth, while electronics-related exports of computers, electronic products and components reached about $111 billion by mid-September. UOB expects fourth-quarter growth of about 9.7%, supported by faster public investment disbursement at year-end, and expects the State Bank of Vietnam to hold its 4.5% refinancing rate through 2027. It forecasts USD/VND at 26,300 in Q4 and 26,600 in the first quarter of 2027, while flagging risks from energy prices and possible tougher US tariffs.

Summary written by Upside AI from the original article. Read the source for full details.

Original headline: UOB nâng dự báo tăng trưởng Việt Nam lên 9,2%

Read the original on VnExpress ↗

Related tickers and likely impact

HPG

▲ Likely positive

Hoa Phat Group

Relevance: low

MarketVietnam stocks
ExchangeHOSE
SectorBasic Resources
IndustrySteel
Market cap176,458 bn VND
P/E7.6
P/B1.25
Close on 10/13/202620.45
Change that session-1.21%
HPG price, forecasts and signals →

VCB

▲ Likely positive

Vietcombank

Relevance: low

MarketVietnam stocks
ExchangeHOSE
SectorBanks
Market cap475,438 bn VND
P/E11.4
P/B1.94
Close on 10/13/202656.30
Change that session-0.71%
VCB price, forecasts and signals →

VHM

▲ Likely positive

Vinhomes

Relevance: low

MarketVietnam stocks
ExchangeHOSE
SectorReal Estate
IndustryReal Estate Holding & Development
Market cap501,104 bn VND
P/E6.3
P/B1.90
Close on 10/13/202664.40
Change that session+0.78%
VHM price, forecasts and signals →

Impact is scored by AI from the headline and may be wrong. It is not investment advice.

Related news

  • Series of Steel Companies Report Big Profits in Third Quarter of 2026

    A series of steel companies reported sharply higher profits for the third quarter of 2026. TISCO (TIS) posted net revenue of VND 3,842 billion, up nearly 39%, and swung to a net profit of over VND 4 billion from a VND 12 billion loss a year earlier; its nine-month profit reached nearly VND 28 billion versus a loss of nearly VND 7 billion in the prior year. Thép Thủ Đức – VNSTEEL (TDS) reported net profit of nearly VND 3 billion, up 75%, with gross margin rising to 3.3%. Thép Tấm lá Thống Nhất (TNS) saw quarterly revenue fall 31%, yet net profit reached nearly VND 10 billion, up over 870%, as it shifted toward higher-margin products and cost of goods fell faster than revenue.

    CafeF·▲ HPG▲ HSG▲ NKG
  • Foreign investors record longest net-selling streak in two years

    Foreign investors net sold more than VND 770 billion today, extending a 16-session selling streak with a total outflow of about VND 22,800 billion (US$900 million), the longest such run since 2024. Year to date, they have withdrawn VND 116,000 billion (US$4.5 billion), close to the record US$5.1 billion sold across the market last year, and their ownership on the HCMC exchange has fallen to about 13% from 15% a year earlier. Experts attribute the outflows mainly to opportunity costs and global capital shifting toward markets with stronger earnings growth, along with active funds taking profits to rebalance after buying ahead of the market upgrade. The VN-Index fell for six straight sessions to close at 1,704 points, and some analysts warn it could slip toward the 1,680 zone. Observers expect roughly US$2.7 billion in passive FTSE Russell-tracking inflows to be disbursed next year, which could halt the outflow trend.

    VnExpress·▼ FPT▼ HPG▼ MWG▼ SSI
  • Market Pulse 14/10: Red Covers the MarketVietstock·▼ BID▼ CTG▼ HPG▼ TCB
  • VN-Index falls for 5 consecutive sessions

    The VN-Index closed at 1,719 points, down nearly 2 points from the reference level and extending its losing streak to five sessions, even as VIC and VHM rose and contributed nearly 5 points. Selling pressure spread across mid- and small-cap stocks, with roughly 90 stocks up and nearly 200 down on HoSE, oil and gas names were hit hardest, and KOS extended a 17-session floor-price streak. Foreign investors net sold for a 15th straight session, and liquidity stayed low at VND 13,200 billion. Several brokerages warned that losing the 1,720-point support could push the index down to 1,670 points.

    VnExpress·▼ VND▼ BID▼ CTG▼ FPT
  • Nearly 5 months without an uptrend for HPG, steel sector also stuck in a 'low zone'Vietstock·▼ HPG
  • As Major Construction Sites Light Up Together, SSI Names Two Industry Groups Poised to Benefit, Potentially Creating a “Wave” Next Year

    SSI Research views 2026 as a preparation and site-clearance phase for many public investment projects, with construction concentrated in 2027, and rates both industrial real estate and construction materials favorably. For industrial parks, registered FDI in the first nine months of 2026 rose 76.4%, and leasing demand is recovering, but margins for new parks are estimated at only about 30–35%, below those of existing projects. In construction materials, finished steel sales rose 17.8% in the first eight months to 15.2 million tonnes, and SSI highlights Hòa Phát (HPG) as a standout, forecasting core profit growth of 42% in 2026 and 23% in 2027. Domestic cement consumption rose 16.1% over the same eight months, and Vicem Hà Tiên (HT1) is forecast to see strong profit growth. The analysts note that coal prices and input costs remain key variables for profitability.

    CafeF·▲ HPG

Related markets

Vietnam stocks →

Latest news

  • JPMorgan Backs Two Defense Startups With $5 Billion

    JPMorgan has already committed half of its $10 billion investment pool to hypersonic-missile maker Castelion and defense manufacturer Hadrian. The bet reflects America's push to rebuild its defense industrial base.

    Yahoo Finance·• JPMJPMorgandefenseventure capital
  • X-Energy, Amazon, AEP Partner To Evaluate Feasibility Of 960 MW Nuclear Project In Indiana – A Look At The Key Highlights

    X-energy and American Electric Power (AEP) announced a joint development agreement to evaluate the feasibility of a proposed 960-megawatt small modular reactor project in Indiana, with Amazon supporting development through a milestone-based funding agreement. The plant would feature 12 Xe-100 units near the former Breed Generating Station in Sullivan County, redeveloping an AEP-owned brownfield site. It is the second commercial project under the X-energy and Amazon collaboration, which aims to bring more than 5 gigawatts of new nuclear capacity to the U.S. grid by 2039. At the time of writing, XE was up 2%, AMZN gained 3.75%, and AEP fell 1.13%.

    Yahoo Finance·AMZNnuclear powerelectricity
  • Waymo Will Be “a Trillion Dollar Business. Easy” per VC Investor

    Bessemer Venture Partners' Sameer Dholakia says Waymo could become a trillion-dollar business by expanding from ride-hailing into personal car ownership, trucking and logistics. The article notes Bessemer invested in Waymo's $16 billion February round, which valued the company at $126 billion. Waymo reached 500,000 paid rides a week in March, but Sacra estimates its annualized revenue at only $355 million in February, under 0.1% of Alphabet's $403 billion in 2025 revenue. Alphabet trades at 25.0x forward earnings, within its usual range, while Uber trades at 18.2x, a level analyst Walter Piecyk links to the threat from Waymo and Tesla's Robotaxi.

    Yahoo Finance·▲ GOOGLAlphabetself-driving carsvaluation
  • Jensen Huang Declares NVIDIA Can Win “in the Absence of Any AI Labs”

    NVIDIA CEO Jensen Huang said on the BG2 podcast that about a third of the business, classical computing unrelated to AI labs, is growing 30% to 40% a year, while frontier labs account for roughly 25% to 30% of compute. In the three months to July 26, 2026, revenue rose 106% to $96.2 billion, with AI clouds, industrial and enterprise revenue up 138%. Steve Eisman cited a 10-Q line showing 70% of NVIDIA's accounts receivable comes from five customers, though the article notes receivables are not the same as revenue share. NVIDIA trades at 17.7x forward earnings, near its three-year low of 17.5x and well below its 30.3x average.

    Yahoo Finance·▲ NVDANVDAJensen Huangartificial intelligence
  • AWS Margin Expansion and Retail Execution Power Amazon (AMZN) in Q3

    Wedgewood Partners reported that its Wedgewood Composite returned 2.5% net in the third quarter of 2026, compared with 2.3% for the S&P 500 and 0.9% for the Russell 1000 Growth. In its investor letter, the firm named Amazon a leading contributor, citing AWS revenue growth accelerating to 37% from 17% a year earlier and a 63% rise in the segment's operating income. AWS backlog of around $500 billion is more than double last year's level and up 37% from 90 days earlier, and Wedgewood said this demand supports a plan to double AWS capacity from circa 2025 levels by 2027. Advertising grew 26% and generated over $75 billion in revenue over the past 12 months. As of October 16, 2026, Amazon closed at $250.00, with a market capitalization of $2.7 trillion and a 21.22% gain over the past year.

    Yahoo Finance·▲ AMZNAMZNcloud computingearnings
  • Bitcoin is rejected at $83K as US bond yields reverse higher with equities

    Bitcoin failed to follow rising equities as a wall of sell orders above $83,000 across exchanges capped gains, and BTC slipped below $82,000 after Monday's Wall Street open. The Nasdaq Composite gained 1.5% and South Korea's KOSPI rose 1.76% to 5,768 points, while the US 10-year yield climbed to 5.13% and the 30-year to 5.46%, moving in step with stocks ahead of major tech earnings from Meta, SpaceX and Tesla. QCP Capital warned that a repeat of last week's tech sell-off could threaten the $80,000 support level. Crypto liquidations totaled $335 million over 24 hours, and the Binance whale ratio fell to 0.45 from 0.54 at the start of October.

    Cointelegraph·▼ BTC/USDT▼ ETH/USDTbitcoincryptobonds

All news →

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.