Under Decision No. 2054/QĐ-TTg dated 27/10/2026, Vietcombank (VCB), BIDV (BID) and VietinBank (CTG) are on the list of companies undergoing state capital restructuring for 2026-2030. The plan targets keeping state ownership at Vietcombank and BIDV at 65% or above, while raising state ownership at VietinBank from 64.46% to 65% by 2030. The State currently holds about 74.8% of Vietcombank and 76.73% of BIDV. These are plan targets and do not mean immediate share sales or new share issuance; timing and form will be decided by competent authorities. The Ministry of Finance and the State Bank of Vietnam are tasked with implementation, and Vietnam Airlines (HVN), VIMC (MVN) and Vietnam Rubber Industry Group (GVR) are also on the list.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Vietcombank, BIDV và VietinBank vào diện cơ cấu lại vốn nhà nước
Keywords
banksVCBBIDCTGstate-owned enterprisesState Bank of Vietnam
Open a keyword to see other news on the same topic.
Related tickers and likely impact
BID
• NeutralBIDV
Relevance: medium
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Banks |
| Market cap | 261,737 bn VND |
| P/E | 8.1 |
| P/B | 1.38 |
| Close on 10/28/2026 | 33.65 |
| Change that session | 0.00% |
CTG
• NeutralVietinBank
Relevance: medium
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Banks |
| Market cap | 235,727 bn VND |
| P/E | 5.9 |
| P/B | 1.21 |
| Close on 10/28/2026 | 30.70 |
| Change that session | +1.15% |
VCB
• NeutralVietcombank
Relevance: medium
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Banks |
| Market cap | 468,753 bn VND |
| P/E | 11.3 |
| P/B | 1.92 |
| Close on 10/28/2026 | 57.50 |
| Change that session | +2.50% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Bank earnings update, October 16: Big4 banks show positive signals, one lender estimates over VND14,000 billion profit after 9 months
- Deposit rates drop simultaneously at Vietcombank, VietinBank and dozens of private banks
On the morning of 20 October, VietinBank, Vietcombank and about 15 private banks simultaneously cut deposit rates by 0.5–0.7 percentage points per year for terms of 6 months and longer, following a State Bank of Vietnam directive to lower deposit rate levels and create room for lending rate cuts. At VietinBank, the 6-to-under-12-month rate fell from 3.5% to 3% per year, the 12-to-under-24-month rate from 5.9% to 5.4%, and the 24-month-and-longer rate from 6% to 5.5%. Vietcombank cut its 6- and 9-month rates to 3% per year and its 36-, 48- and 60-month rates to 4.8%. Most banks kept rates for terms under 6 months unchanged, as these are subject to a 4.75% per year ceiling. The SBV also asked banks to cut lending rates by 1.5–2% per year for production, business and other priority sectors.
- On Oct. 21, BIDV and VietinBank simultaneously cut savings rates
BIDV and VietinBank both cut counter deposit rates by 0.5 percentage points per year for terms of 6 months and longer, bringing their highest rate to 5.5% per year. At BIDV, the 6- and 9-month terms fell to 3%, the 12- to 18-month terms to 5.4%, and the 24- and 36-month terms to 5.5%; VietinBank adopted similar levels. Short-term rates were left unchanged, with both banks listing 2.1% for 1 to 2 months and 2.4% for 3 to under 6 months. The move followed Vietcombank and Agribank lowering deposit rates a day earlier, in line with a State Bank of Vietnam request that banks cut rates by at least 0.5 percentage points for terms of 6 months and longer. After the changes, all four state-owned banks, Vietcombank, VietinBank, BIDV and Agribank, have a top rate of 5.5% per year.
- Another big bank, VietinBank, cuts lending rates by up to 2% per year
VietinBank announced on October 19 measures to cut lending rates by up to 2% per year to lower capital costs for businesses and households and support production through the end of 2026, prioritizing agriculture, affordable housing and infrastructure. It also runs a VND 50,000 billion credit program through 2028, with rates at least 1% per year below average. Agribank cuts rates by up to 2% per year and keeps a VND 70,000 billion program, Vietcombank pledged cuts of at least 2% by year-end, and BIDV offers loans from 6% per year. The moves follow a State Bank of Vietnam directive on October 18 requiring deposit rate cuts of at least 0.5% per year for terms of 6 months or more, and lending cuts of 1.5–2% per year for production and business.
- From October 20: Vietcombank Sharply Cuts Lending Rates, with Some Customer Groups Getting Up to 3% Off
From October 20, 2026, Vietcombank will cut its listed deposit rates by 0.5% per year for terms of 6 months or longer, in line with the State Bank of Vietnam's direction and creating room to lower lending rates for the economy. From October 19 to December 31, 2026, the bank is running a credit programme to support production, business and priority sectors, under which participating customers get lending rate cuts of 1.5% to 2% per year. For some sectors, short-term lending rates are reduced by up to 3% per year from Vietcombank's current levels. The bank says it will keep offering comprehensive financial solutions at competitive costs, with a focus on digital transformation, green transformation and ESG.
- Vietcombank Dollar Quote Rises as Vietnam Cuts Reference Rate
On Monday, Vietcombank raised its dollar selling rate to VND26,100, up 0.08% from the weekend level, while the State Bank of Vietnam cut its reference rate by 0.02% to VND25,633, according to VnExpress. The dollar was trading near VND26,000 at unofficial exchange points. In international markets, the dollar index stood at 101.83, and the euro fell 0.1% to $1.1225 in early Asian trade, which Reuters linked to violent protests in France. The dollar traded at about 158 yen, the pound held at $1.3329, and the Australian dollar gained 0.3% to $0.6965.
Related markets
Latest news
- We're adding a new, high-profile AI play to our Bullpen stocks to watch list
The article proposes adding SpaceX, founded by Elon Musk in 2002, to the Bullpen stocks-to-watch list. The company went public in June at $135 per share, opened at $150, peaked near $226, fell to about $105 in early August, and rebounded to the $140s. Its S-1 filing estimates a total addressable market of $28.5 trillion: $370 billion for Space, $1.6 trillion for Connectivity and $26.5 trillion for SI, formerly called AI. SI is the fastest-growing segment, with third-quarter revenue of $7.56 billion, up from $2.56 billion in the second quarter and $813 million a year earlier, while Anthropic's S-1 shows it has agreed to spend up to $120.5 billion on SpaceX compute over coming years. Starlink, the most profitable segment with $2.37 billion in third-quarter operating profit, added 1.6 million consumer subscribers, bringing its global base to just under 14 million, and SpaceX is expected to earn 32 cents per share in calendar 2026.
- Fed Holds Rates, but Two Officials Push for Hike as Polymarket December Odds Hit 82%
The Fed held rates at 3.75%–4.00% in a 10–2 vote, with Governor Lisa Cook and Cleveland Fed President Beth Hammack favoring a 25-basis-point increase; it was Cook's first dissent since joining the Fed in 2022. On Polymarket, the odds of a 25-basis-point hike in December rose to 82% from about 77% before the announcement, with more than $5.3 million in trading volume. Despite a weak September jobs report showing only 29,000 jobs added, the Fed said job gains kept pace with the workforce and unemployment changed little. Truflation forecasts September PCE inflation at 3.6% year over year, up from 3.4% in August, as gasoline and other energy goods rose 33.7% amid surging oil prices tied to the Iran war. The official PCE report and third-quarter GDP are due Thursday.
- 3 Reasons Micron Stock Could Keep Climbing From Here
Micron shares are up 218% this year but have fallen 27% since hitting an all-time high in June, and the author views the recent dip as an opportunity for long-term investors. In fiscal Q4 2026, ended Sept. 3, revenue rose 379% year over year to $54.23 billion, GAAP gross margin reached 86.8% versus 44.7% a year earlier, and net income jumped 1077.8% to $37.7 billion. Guidance points to about $61.5 billion in revenue for fiscal Q1 2027 at the midpoint, up roughly 351%. The author notes some estimates see the memory chip shortage easing only around 2029, and considers the 5.05 forward P/E reasonable. Assuming EPS compounds at 12% a year over five years with the P/E unchanged, the cumulative return would be about 76%.
- Chip Earnings Power Averages Higher as Nasdaq Volatility Cools Midweek
Over the week's three sessions, the S&P 500 rose 1.51% and the Nasdaq Composite gained 1.98%, helped by semiconductor and tech earnings, while the Dow added 0.62% to 52,536.29. The VXN Nasdaq volatility gauge fell 3.51 points to 24.79 and the VIX eased to 17.31, while WTI crude jumped 3.47% to $103.37 a barrel. Texas Instruments reported third-quarter revenue of $6.06 billion, up 28%, and EPS of $2.62; IBM posted revenue of $17.1 billion, up 5%, and EPS of $2.31. Meta Platforms reported revenue of $64.60 billion, up 26%, but the quarter included a $9.89 billion charge tied to an agreement with 52 attorneys general over teen mental health and social media litigation. Bank of America, Blackstone, Citi and Morgan Stanley announced a $63 billion financing structure for AI compute for Anthropic using Broadcom's technology, with deliveries starting in calendar 2027.
- Fed Holds Rates Steady Despite Rising Inflation, Two Officials Push for Immediate Hike
The Fed kept its benchmark rate at 3.75-4% after its October 28 meeting, saying inflation remains elevated and more data is needed to return it to the 2% goal. The decision was not unanimous: Governor Lisa Cook and Cleveland Fed President Beth Hammack dissented, preferring a 0.25 percentage point increase. Inflation has been above the Fed's 2% target for more than five years, and the PCE index is forecast to exceed 3% in September even excluding food and energy. The U.S. economy remains resilient, with low unemployment, steady consumer spending and AI investment supporting growth; the Atlanta Fed's GDPNow forecasts third-quarter GDP growth of 3.4% annualized. Observers are watching the November 3 midterm elections, while futures markets lean toward a rate hike in December.
- Intel Just Fell 24% in a Month: What Will It Take to Get INTC Stock Back Above $100?
Intel stock fell 24% over the past month to $94.26 in afternoon trading, while AMD dropped 10% and NVIDIA 4% over the same period. Intel remains up 154% year to date, after trading at $123 on September 25. Intel agreed to acquire Classiq, a privately held Israeli quantum-software company, with terms undisclosed; Bloomberg put the price at about $2.3 billion, and closing is expected in the first half of 2027, pending regulatory approvals. The article says a return above $100 could start with Intel's Q3 2026 report, after Q2 2026 sales rose 25.4% year over year while Intel Foundry posted a $2.1 billion operating loss.
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.