Vietnam Stock Weekly

Index Rebalance & Corporate Updates

• 🔥 MarketVector Vietnam Local Index Additions: The MarketVector Vietnam Local Index has included Masan...

Vietnam's Circular 08/2026/TT-BTC facilitates global broker access, building on regulatory reforms to improve FTSE Equity classification—key for boosting foreign flows and liquidity.

Execution signal for VinFast investors:

• Job projections cut from 7,500 to 1,400 in North Carolina
• Construction to resume this year
• Reveals scaled-back US plans for the Vietnamese EV maker, flagging expansion risks.

• Pilot License Wins: Techcombank, VPBank affiliates among 5 firms passing initial qualification for domestic crypto exchanges.
• FX Safeguards: Rules...

Military Commercial Joint Stock Bank (MB) secured its first USD 500 million medium-term green syndicated loan, a key financing deal signaling capital strategies in Vietnam's banking sector.

MarketVector Vietnam Local Index includes Masan Consumer, VPS Securities, and VPBank Securities in its latest quarterly review – key for tracking liquidity and passive flows.

Vietnam's sovereign credit rating upgrade in January stems from monetary authorities maintaining a credit growth target near 15%, with qualitative...

Crypto Exchange Licensing Push

• 🔥 Offshore Ban Drafted: Vietnam authorities are drafting rules to bar traders from using offshore platforms like...

Policy pivot bans foreign exchanges like Binance/OKX, forcing $200B market to licensed domestic platforms.

Key implications for banks:

• Techcombank,...

Kredivo targets Vietnam growth via Timo acquisition, paperwork complete, terms undisclosed:

• Strategic fit: BNPL lending merges with Timo's payments,...

Vietnam's pilot for regulated crypto exchanges shortlists bank affiliates from Techcombank (TCEX), VPBank (CAEX), and LPBank (LPEX), plus VIX...

• Pilot launch this month: Hanoi rolls out licensed digital asset exchanges, banning overseas trading to tighten capital oversight.
• Key contenders:...

Vietnam's cement sector, emitting 16% of national GHGs, now has a new financial mechanism for low-carbon transition via UNIDO's preparatory project – vital for valuations under rising ESG demands.

Key insights from Vietnam research:

• Economic policy uncertainty (EPU) moderates ESG adoption's impact on bank financial risk
• ESG adoption remains...

VN-Index Correction & Share Buybacks

• 🔥 Wave of Buybacks: The index has fallen from around 1,877.36 points to below the 1,700 mark, pushing many...

Asian firms using AI in M&A report 20% cost reductions and 30-50% faster deal cycles. One team identified and scored over 500 targets – Vietnamese companies can harness this for sharper efficiency.

Inflation projected to remain relatively moderate, but for businesses, the key question is whether policy initiatives will deliver – pivotal for investment and equity valuations.

Wave of share buybacks emerges amid Vietnam index drop from 1,877.36 to below 1,700, pushing stocks to prior lows—a classic confidence signal in undervalued conditions.

FDI corporate amendments require two separate certificate filings, including IRC amendment at DPI taking 15-35 working days under the Investment Law. Essential for investors navigating changes to IRC, ERC, and Charter.

Key takeaways for VN equities:

• Overwhelming CPV control: 93% candidates are party members, ensuring the legislature retains party dominance and...