Market Brief

Vietnam Market Brief — Week 38, 2026

Weekly digest of Vietnam market and business news, week 38 2026, grouped by topic with sources.

Overview

Vietnam’s stock market achieved a major milestone this week with formal inclusion in the FTSE Russell Global Equity Index Series, attracting commitments from major global asset managers including Vanguard ($2.5 billion expected allocation) and BlackRock, opening access to $22 trillion in global investment flows. Meanwhile, Tesla officially established operations in Vietnam, and the government announced regulatory reviews aimed at improving fuel trading efficiency and addressing construction material supply shortages in infrastructure projects. Additionally, Vietnam’s GDP (PPP) is projected to surpass Thailand’s by 2025, positioning it toward the top 22 globally, while the US Federal Reserve raised interest rates by 0.25 percentage points, though gold prices rose despite the move.

E-commerce

Thị trường xe điện Việt ‘nóng’ chưa từng có

Tesla officially established Tesla Motors Vietnam LLC on September 11, with initial capital of 77.667 billion VND (approximately 3 million USD) and headquarters at Mê Linh Point Tower in Ho Chi Minh City. The company registered to operate in wholesale, retail, import and distribution of automobiles as well as related spare parts and services. This marks a major expansion by global electric vehicle manufacturers entering the Vietnamese market.

  • Key figures: Initial registered capital: 77.667 billion VND VND; Initial registered capital: approximately 3 million USD; Company establishment date: September 11 date
  • Source: ThanhNien

Regulation

Thủ tướng yêu cầu tổ chức lại hệ thống thương nhân phân phối, bán lẻ xăng dầu

The Prime Minister has instructed the Ministry of Industry and Trade to lead a comprehensive review and improvement of regulations on fuel trading. The directive calls for restructuring the fuel distribution system by reducing intermediary layers and clarifying functions and relationships between upstream and downstream actors. The goal is to address inefficient trading practices among merchants that increase costs and create accountability issues during supply shortages.

Tổng Bí thư, Chủ tịch nước Tô Lâm: Phòng, chống tham nhũng phải “nói ít làm nhiều”, “làm đến cùng”

Vietnam’s Party General Secretary and State President Tô Lâm chaired a meeting of the Standing Committee on Anti-Corruption on September 17 at Communist Party headquarters. The committee reviewed the 2026 work program implementation results and discussed conclusions on strengthening power control and handling violations. The meeting emphasized a “talk less, do more” and “see it through” approach to anti-corruption efforts.

Dự kiến mở rộng hợp tác, đầu tư với nước ngoài trong giáo dục

The Ministry of Education and Training is gathering public feedback on a draft decree regulating international cooperation and investment in education. The decree is being drafted to implement Party Resolution 71-NQ/TW and related policies while ensuring compliance with updated legislation. The regulation aims to facilitate international cooperation and investment by simplifying procedures.

Đề xuất tiêu chí, cách tính điểm công nhận khu kinh tế đặc biệt

The Ministry of Finance is drafting a Government Decree detailing implementation measures for the Law on Urban Development. The decree proposes criteria, point calculation methods, and procedures for recognizing special economic zones. The proposed regulations are detailed in Chapter II (Articles 4-10) of the draft decree.

Stock Market

Mở kênh dẫn vốn ngoại cho nền kinh tế

Vietnam’s stock market has been formally included in the FTSE Russell Global Equity Index Series, a major milestone announced at a conference in Hanoi on September 18. The event brought together over 200 representatives from domestic financial institutions, investment funds, global custodian banks, and major international investors including Vanguard and BlackRock. This inclusion opens access to investment flows from a global asset pool valued at $22 trillion.

  • Key figures: Global asset pool value: 22,000 billion USD; Conference attendees: over 200 representatives; Conference date: September 18
  • Source: ThanhNien

Vanguard sẽ ‘rót’ 2,5 tỉ USD vào thị trường chứng khoán Việt Nam

Vanguard, one of the world’s largest asset management corporations, is expected to allocate approximately $2.5 billion to Vietnam’s securities market over the next year, higher than initial estimates of around $1.6 billion.

  • Key figures: Vanguard allocation to Vietnam securities market: 2.5 billion USD USD; Initial estimate for allocation: 1.6 billion USD USD; Timeframe: 1 year years
  • Source: ThanhNien

Nâng hạng là bước khởi điểm phát triển mới chất lượng và chuyên nghiệp hơn của thị trường chứng khoán Việt Nam

Prime Minister Le Minh Hung met with FTSE Russell CEO Fiona Bassett and representatives from global investment organizations including BlackRock and Vanguard on September 17. BlackRock and Vanguard, the world’s two largest asset management companies, manage over 15 trillion USD and approximately 10-12 trillion USD respectively. Vanguard’s emerging market index funds have committed to additional capital deployment.

  • Key figures: BlackRock Total Assets Under Management: over 15 trillion USD; Vanguard Total Assets Under Management: approximately 10-12 trillion USD
  • Source: VnEconomy

Macroeconomy

Giá vàng tăng mạnh bất chấp Fed tăng lãi suất: Xuống tiền ngay hay chờ thêm?

On the morning of September 17 (Vietnam time), the US Federal Reserve announced an increase in interest rates by 0.25 percentage points, raising the interest rate range to 3.75-4%. Despite this typically being unfavorable for gold, gold prices showed a strong upward trend on September 17. At 20:40 on September 17 (Vietnam time), spot gold price was USD 4,359.8 per ounce, up USD 98.3 (equivalent to 2.28%) compared to the previous session’s close.

  • Key figures: Fed interest rate increase: 0.25 percentage points; Fed interest rate range: 3.75 - 4 %; Spot gold price: 4359.8 USD/ounce; Gold price increase: 98.3 USD/ounce
  • Source: ThanhNien

Việt Nam - Thái Lan tạo động lực mới cho quan hệ Đối tác chiến lược toàn diện

King Maha Vajiralongkorn Phra Vajiraklaochaoyuhua of Thailand and Queen made a state visit to Vietnam on September 15, marking the first visit by a Thai monarch to Vietnam in 50 years. General Secretary and State President Tô Lâm held talks with the Thai King to welcome the royal delegation. The visit carries historical significance for strengthening bilateral relations between the two countries.

  • Key figures: Thời gian không có chuyến thăm của Nhà vua Thái Lan tới Việt Nam: 50 năm; Năm thiết lập quan hệ ngoại giao Việt Nam - Thái Lan: 1976 năm
  • Source: VnEconomy

Dự án nhà xưởng hút hơn 7 tỷ USD vốn FDI sản xuất đăng ký mới

Among 468 new FDI manufacturing projects nationwide, 266 projects are factory/warehouse developments, representing 56.8% of total projects. These factory/warehouse projects attracted over $7 billion USD, equivalent to 66.2% of total new registered FDI manufacturing capital. Industrial real estate market is expected to have significant growth potential.

  • Key figures: Total new FDI manufacturing projects: 468 projects; Factory/warehouse FDI projects: 266 projects; Factory/warehouse projects share: 56.8 %; FDI capital attracted to factory/warehouse projects: 7 billion USD
  • Source: CafeF

GDP (PPP) Việt Nam sắp vượt Thái Lan, Úc, tiến tới Top 22 toàn cầu

Vietnam’s GDP (PPP) is projected to reach approximately 1.838 trillion USD in 2025 according to IMF forecasts, positioning it to surpass Thailand and move toward the top 22 globally. Thailand currently leads the comparison at 1.880 trillion USD, with only a 42 billion USD gap ahead of Vietnam. Indonesia remains the largest economy in Southeast Asia at 5.047 trillion USD (PPP), significantly ahead of other regional economies.

  • Key figures: Vietnam GDP (PPP) projection: 1.838 trillion USD; Thailand GDP (PPP): 1.880 trillion USD; Gap between Vietnam and Thailand: 42 billion USD; Indonesia GDP (PPP): 5.047 trillion USD
  • Source: CafeF

Tháo điểm nghẽn thiếu cát đá xây dựng, đẩy nhanh tiến độ các dự án giao thông ở miền Tây

Construction material shortages, particularly sand and gravel, continue to impact highway project timelines in the Mekong Delta region. Deputy Prime Minister Phạm Gia Túc has directed local authorities to assess resources, increase capacity, open new quarries, reallocate materials, and research import options when domestic supplies are insufficient. The article indicates millions of cubic meters of sand and gravel are needed but supply sources remain inadequate.

Tổng Bí thư, Chủ tịch nước Tô Lâm dự Đại hội đồng Liên hợp quốc 81, hoạt động song phương tại Hoa Kỳ và thăm cấp Nhà nước tới Canada

Vietnam’s Communist Party General Secretary and State President Tô Lâm is attending the 81st United Nations General Assembly in the United States. During his visit, he will deliver an important address at the General Debate of the UNGA and hold bilateral meetings with leaders of various countries, international partners, and US government and congressional officials. The visit also includes a state visit to Canada.

Ngay ngày mai, Việt Nam chính thức có thêm Thành phố trực thuộc Trung ương thứ 9: Loạt dự án hơn 50.000 tỷ đồng được ‘kích hoạt’ trước thời khắc lịch sử

Bac Ninh province is set to officially become Vietnam’s 9th centrally-controlled city. The locality has activated a series of projects worth over 50,000 billion dong ahead of this administrative milestone. The source discusses preparations being made in anticipation of this official status change.

  • Key figures: Tổng giá trị dự án được kích hoạt: 50.000 tỷ đồng tỷ đồng
  • Source: CafeF

Sau 4 tháng khởi công, ‘siêu dự án’ gần 2,2 tỷ USD do liên danh PV Power, NASU và đại gia Hàn Quốc đầu tư đang được triển khai ra sao?

A joint investment project valued at approximately $2.2 billion by PV Power, NASU, and a South Korean conglomerate is progressing four months after construction commenced. The LNG thermal power plant in Quỳnh Lập is undergoing implementation with positive developments reported by Nghệ An provincial leadership. The project is being monitored through a working session held by Nghệ An provincial government on September 17.

  • Key figures: Project investment value: approximately 2.2 billion USD; Duration since construction commencement: 4 months; Working session date: September 17
  • Source: CafeF

Đánh giá tác động việc Fed tăng lãi suất đối với kinh tế - tài chính toàn cầu và Việt Nam và khuyến nghị

An analysis by Dr. Cấn Văn Lực and the BIDV Economic Research Institute examines how Federal Reserve interest rate increases affect the global economy and Vietnam. The report notes that Vietnam’s economy is highly open and export-dependent, with significant reliance on international capital flows and deepening economic-trade cooperation with the United States. Changes in U.S. interest rates and financial conditions therefore have direct implications for Vietnam’s domestic economy and finance sector.


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

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