Vietnam Market Brief — Week 26, 2026

Overview

Vietnam’s central bank is signaling strategic credit expansion through policy adjustments and planned liquidity injections of approximately 1.5 quadrillion VND, while allocating special credit room for 18 priority projects from major conglomerates. The banking sector shows robust profit growth over the past decade, with private banks narrowing performance gaps, though Vietnam’s foreign exchange reserves have declined to $88 billion from a 2022 peak of $111 billion. Regulatory authorities have intensified oversight, uncovering major fraud schemes and accounting irregularities while implementing measures to strengthen financial system stability and cybersecurity.

Regulation

Toàn cảnh vụ lừa đảo kỳ nghỉ rúng động dư luận năm 2026

A large-scale systematic holiday fraud scheme affecting over 3,300 Vietnamese citizens has been exposed, with authorities prosecuting nearly 400 suspects nationwide. The scheme resulted in losses exceeding 3.3 trillion VND, with many victims losing their life savings. A VTV journalist team’s investigation spanning over 4 years helped uncover what is described as the largest systematic fraud case in the country, primarily targeting middle-aged and elderly individuals.

Key figures: Total losses: 3.3 trillion VND; Number of suspects prosecuted: 400 persons; Investigation duration: 4 years; Estimated victims: 3,300 persons
Source: CafeF

UBCKNN phát hiện sai sót trọng yếu tại một doanh nghiệp thép lớn, hai kiểm toán viên PwC bị đình chỉ

The State Securities Commission (UBCKNN) discovered material accounting errors at a major steel enterprise, with two PwC auditors suspended. Despite the presence of material accounting errors in the consolidated financial statements, the company’s report received an unqualified audit opinion. Nam Kim Steel Joint Stock Company (code: NKG) recently announced receiving a letter from UBCKNN regarding its 2025 audited financial statements conducted by PwC Vietnam.

Source: CafeF

Thủ đoạn ‘qua mặt’ sinh trắc học, chiếm đoạt hơn 1.000 tài khoản ngân hàng

A criminal ring led by Nguyễn Tiến Đạt used software to spoof facial recognition data and circumvent biometric authentication systems at banks to illicitly acquire, trade, and control over 1,000 bank accounts. On June 26, police in Thanh Hóa province initiated prosecution and detention of 8 suspects related to illegal bank account trading and abuse of advanced technology. The case represents a scheme combining account fraud and biometric system manipulation for criminal purposes.

Key figures: Số tài khoản ngân hàng bị chiếm đoạt: hơn 1.000 tài khoản; Số đối tượng bị bắt tạm giam: 8 người; Ngày khởi tố: 26/6 ngày tháng
Source: CafeF

Ngân hàng cảnh báo loại hình ảnh tuyệt đối không nên lưu trong điện thoại

Banks and security experts warn users against storing photos of identity documents and bank cards on smartphones. This habit is considered extremely risky as it can enable fraudsters to exploit the images for unauthorized access to assets. Multiple cases have been documented where users fell victim to scams due to seemingly harmless actions on their mobile devices.

Source: CafeF

Lý do Ngân hàng Nhà nước mở ‘van’ cho tăng trưởng tín dụng

The State Bank of Vietnam has implemented several policy adjustments since the beginning of the year to support credit growth while maintaining financial system stability. These measures include relaxing the short-term capital ratio for medium- and long-term lending, adjusting credit room calculation methods, and excluding debt of 18 major projects from credit growth limits. The central bank’s actions signal a clear policy direction: supporting economic growth without compromising financial stability.

Key figures: Number of major projects excluded from credit growth limits: 18
Source: CafeF

Cảnh báo thủ đoạn chiếm quyền tài khoản ngân hàng bằng công nghệ cao

Police in Thanh Hoa province dismantled a network engaged in illegal trading of over 1,000 bank accounts using advanced technology to bypass biometric authentication. A suspect named Nguyễn Tiến Đạt (born 2004) was arrested in connection with a special investigation involving 1,000 bank accounts. The article reports on police warnings about unauthorized bank account takeover schemes using high-tech methods.

Key figures: Số tài khoản ngân hàng mua bán trái phép: hơn 1.000 tài khoản
Source: CafeF

Một ông lớn xây dựng có chủ tịch HĐQT bị phạt 2 lần vì cùng 1 lỗi

The State Securities Commission issued a document on June 23 regarding CTX Holdings and its Chairman and CEO Phan Minh Tuấn. Tuấn has been penalized twice for the same violation of simultaneously holding the positions of Chairman and CEO from 2017 to present. On February 8, 2021, Tuấn received a penalty for the same concurrent position-holding violation.

Key figures: Năm bắt đầu giữ hai chức vụ: 2017; Ngày xử phạt lần đầu: 8/2/2021; Ngày công bố của UBCKNN: 23/6
Source: VietnamNet

Tin vui: Từ hôm nay, Việt Nam có thể làm ngay một việc trong nước để thúc đẩy lĩnh vực 1.000 tỷ USD

Vietnam has taken a step to enable domestic semiconductor and chip production, removing the need for companies to conduct product testing abroad. Foreign semiconductor and chip manufacturers have been surveying investment opportunities in Bac Giang province. The global semiconductor industry is worth approximately 1 trillion USD according to the US Semiconductor Industry Association.

Key figures: Global semiconductor industry revenue: 1,000 billion USD USD
Source: CafeF

Ngân hàng Nhà nước áp dụng cơ chế đặc biệt cho 18 dự án của Vingroup, Sun Group và Masterise: Ứng biến của hệ thống ngân hàng?

The State Bank of Vietnam has implemented special mechanisms for 18 projects of Vingroup, Sun Group, and Masterise. The article notes that credit limits are no longer the primary constraint facing Vietnam’s banking system. The State Bank has been signaling policy adjustments through measures such as expanding loan-to-deposit ratios, opening credit room, and raising caps on long-term lending.

Key figures: Số dự án được áp dụng cơ chế đặc biệt: 18 dự án
Source: CafeF

Chuyên gia: Thông tư 25 có thể giúp hệ thống ngân hàng bơm thêm 1 triệu tỷ đồng vốn trung và dài hạn, lĩnh vực bất động sản hưởng lợi

Circular 25 policy may enable the banking system to inject approximately 1 million billion Vietnamese dong in medium and long-term capital to the economy, supporting credit growth and improving net interest margins. The policy could simultaneously increase liquidity risk management requirements. The circular is expected to benefit the real estate sector.

Key figures: Estimated additional medium and long-term capital injection: 1 million billion dong VND
Source: CafeF

Nới LDR, mở room tín dụng, tăng trần cho vay dài hạn: Ngân hàng Nhà nước đang phát tín hiệu gì?

Since late May, the State Bank of Vietnam has made successive adjustments to important regulations governing credit operations. These changes aim to provide banks with additional lending capacity and facilitate capital flow into priority sectors, key projects, and economic growth drivers. Experts suggest that Circular 25 could help the banking system inject an additional 1 quadrillion dong in capital.

Key figures: Potential additional capital injection: 1 quadrillion dong VND
Source: CafeF

TPHCM: Dùng hợp đồng giả cách “bẫy” khách hàng

A customer relations director at a Ho Chi Minh City bank used falsified contracts to defraud customers and unlawfully obtain 17.3 billion Vietnamese dong. The defendant, Trần Tuấn (born 1987), began participating in virtual gold trading in early 2023 and incurred significant losses. To recover funds and cover living expenses, Tuấn exploited his position as a personal customer relations director at the bank to carry out a series of fraudulent activities.

Key figures: Amount defrauded: 17.3 billion Vietnamese dong; Defendant birth year: 1987 year; Fraud period start: early 2023 time; Court hearing date: June 22 date
Source: CafeF

Cán bộ ngân hàng lừa dối khách hàng, chiếm đoạt hơn 17,3 tỷ đồng

A bank officer named Trần Tuấn, formerly a customer relationship director at a bank’s Lê Trọng Tấn branch, is being tried on charges of fraud and embezzlement of over 17.3 billion Vietnamese dong. The defendant allegedly exploited his position to deceive customers with scenarios involving loan refinancing, directing victims to transfer money into fake precious metals platforms and illegal gambling. The trial began on June 22 at Ho Chi Minh City’s People’s Court.

Key figures: Số tiền chiếm đoạt: 17,3 tỷ đồng VND
Source: CafeF

EVN phát cảnh báo khẩn, người dân cả nước cần đặc biệt cẩn thận để tránh mất trắng tiền trong tài khoản

EVN issued an urgent national warning about a new fraud scheme targeting consumers. The alert advises people nationwide to be cautious to avoid losing money from their bank accounts. Additional warnings mentioned potential closure of accounts at banks including Agribank, MB, Vietcombank, and VietinBank.

Source: CafeF

Stock Market

Những ai sở hữu cổ phần tỷ USD trong SpaceX?

SpaceX conducted a record IPO that increased founder and CEO Elon Musk’s shareholding value to over USD 1 trillion. The IPO created thousands of new millionaires and elevated several shareholders’ stake values above USD 1 billion. Following the IPO, SpaceX’s stock price surged, pushing the company’s market capitalization past Amazon and temporarily exceeding Microsoft.

Key figures: Elon Musk’s SpaceX shareholding value post-IPO: over USD 1 trillion
Source: VnExpress

Lợi nhuận nhiều ngân hàng tăng 30 - 50 lần trong 10 năm qua: Lộ diện nhà băng bứt tốc nhanh nhất

Over the 2015-2025 period, several Vietnamese banks experienced significant profit growth, with SeABank, MSB, and LPBank showing the fastest expansion among the banking system. Many private banks are also narrowing the performance gap with leading competitors. The data reflects a 10-year trend of substantial earnings increases across multiple institutions.

Source: CafeF

Loạt cá nhân chuẩn bị bỏ ra hơn 300 - 500 tỷ, có người 880 tỷ đồng để mua một cổ phiếu ngân hàng

National Citizens Bank (NCB, HNX: NVB) has approved a list of 22 investors for a private share placement in 2026. Individual investors are preparing to spend between 300-500 billion dong each, with at least one investor committing 880 billion dong. This represents one of the largest private placement transactions in the banking sector in recent years.

Key figures: Number of investors in private placement: 22; Individual investment amount range: 300-500 billion dong; Largest single investor commitment: 880 billion dong
Source: CafeF

Một cổ phiếu ngân hàng được thỏa thuận đột biến trong phiên 23/6, hơn 7.500 tỷ đồng được trao tay

On June 23rd, LPBank’s LPB stock experienced a sharp surge with over 7.5 trillion Vietnamese dong changing hands through block transactions, equivalent to approximately 5.5% of the bank’s share capital. The stock closed at 52,600 VND per share, up 6.91%, marking the seventh consecutive trading day of gains. Trading volume surged to 7.3 million shares.

Key figures: Block transaction value: Over 7,500 billion VND; Percentage of bank capital: 5.5 %; Closing price: 52,600 VND/share; Daily price change: 6.91 %
Source: CafeF

Macroeconomy

“Tháo van” tín dụng: Ngân hàng Nhà nước phát tín hiệu bơm 1,5 triệu tỷ đồng

The State Bank of Vietnam is signaling a focused credit expansion cycle through a series of policy measures, including special room allocations for 18 priority projects from Vingroup, Sun Group, and Masterise. The central bank is adjusting systemic management indicators and preparing to inject approximately 1.5 quadrillion Vietnamese dong into the economy. These measures represent a significant policy shift toward strategic credit loosening.

Key figures: Number of priority projects receiving special allocation: 18; Credit injection amount: 1.5 quadrillion Vietnamese dong
Source: CafeF

Lý do dự trữ ngoại hối từ kỷ lục hơn 111 tỷ USD ‘rơi’ xuống gần 88 tỷ USD

Vietnam’s foreign exchange reserves have declined from a record high of over $111 billion in early 2022 to approximately $88 billion. The State Bank of Vietnam is seeking feedback on draft amendments to Decree 50/2014 regarding state foreign exchange reserve management. The declining reserves reflect pressures on Vietnam’s external position and currency stability.

Key figures: Dự trữ ngoại hối hiện tại: 88 tỷ USD; Mức đỉnh dự trữ ngoại hối: 111 tỷ USD; Thời kỳ mức đỉnh: đầu năm 2022; Dự trữ ngoại hối (cập nhật): 87.6 tỷ USD
Source: CafeF

Giá xăng dầu hôm nay 25/6: Thế giới lao dốc, trong nước chiều nay có giá mới

International crude oil prices declined sharply on June 24, with Brent crude falling 4.3% to $73.74 per barrel and WTI crude dropping 3.9% to $70.34 per barrel according to Reuters. Brent crude reached its lowest level since February 27, the day before US and Israel conducted initial attacks on Iran. Vietnam’s domestic fuel prices are expected to be updated on the afternoon of June 25.

Key figures: Brent crude price change: -4.3% percent; Brent crude closing price: 73.74 USD/barrel; WTI crude price change: -3.9% percent; WTI crude closing price: 70.34 USD/barrel
Source: VietnamNet

Giá vàng lao dốc tối 24/6, mất mốc quan trọng 4.000 USD/ounce

Gold prices fell sharply on the evening of June 24, breaking below the critical $4,000 per ounce level. The price dropped approximately $120 per ounce to $3,971 per ounce due to a combination of a strong US dollar, expectations of prolonged high interest rates, and reduced geopolitical tensions. Since reaching a peak near $5,600 per ounce earlier in the year, gold prices have declined more than $1,600 per ounce.

Key figures: Gold price drop on June 24 evening: 120 USD/ounce; Gold price on June 24 evening: 3,971 USD/ounce; Peak gold price earlier in the year: 5,600 USD/ounce; Total decline from peak: 1,600 USD/ounce
Source: CafeF

Đồng yên Nhật rơi xuống sát đáy 40 năm, nguy cơ can thiệp tăng cao

The Japanese yen has fallen near its lowest level in 40 years, prompting signals that Japan’s government may intervene to support the currency. Japanese Finance Minister Satsuki Katayama held an online meeting with US Finance Minister Scott Bessent on Monday amid growing concerns about the yen’s weakness. Multiple indicators suggest Japanese authorities are preparing to take action to stabilize the yen.

Key figures: Japanese yen level: near lowest in 40 years
Source: CafeF

Fed cứng rắn hơn, NHNN ưu tiên ổn định tỷ giá: Lãi suất sẽ thế nào trong những tháng cuối năm?

The Federal Reserve’s hawkish stance and longer-than-expected higher rates are putting pressure on Vietnam’s exchange rate, narrowing the room for interest rate cuts. The State Bank of Vietnam is prioritizing exchange rate stability while the banking system faces capital mobilization pressures. Interest rates are likely to remain elevated in the near term before gradual decreases toward year-end.

Source: CafeF

Other

TP.HCM sắp đồng loạt khởi công 10 dự án trọng điểm hơn 381.000 tỉ đồng

Ho Chi Minh City plans to launch 10 major projects simultaneously before July 2, with a total investment exceeding 381,000 billion dong. The projects span infrastructure, urban development, environment, maritime ports, and social housing. The simultaneous groundbreaking ceremony is scheduled prior to July 2, 2026.

Key figures: Total investment value: 381,000 billion dong dong; Number of major projects: 10 projects
Source: CafeF

Summaries are AI-generated from public news sources and link to the originals. Neutral, factual, not investment advice.