Fuel Prices Rise 1,258 Dong as the Stabilization Fund Absorbs 500
Market Beat

Fuel Prices Rise 1,258 Dong as the Stabilization Fund Absorbs 500

Vietnam's E5 RON92 base price jumped VND 1,758 in the September 10 pricing cycle, yet consumers only paid 1,258 more. The 500-dong gap came from the Price Stabilization Fund, a buffer that is running dangerously thin.

Thanh Ha·
Savers Under 6 Months Are Losing to Inflation
Macro Insights

Savers Under 6 Months Are Losing to Inflation

Vietnam's 4.75% annual rate cap on deposits under six months sits below August's 4.89% inflation. Term length, not which bank you pick, now decides whether your savings keep pace with prices.

Mai Linh·
FPT Buys Poland Auto Software Unit, Seller Stays as Client
Corporate Analysis

FPT Buys Poland Auto Software Unit, Seller Stays as Client

FPT just acquired Nippon Seiki's 50-person automotive software unit in Poland, but the standout clause is that the seller committed to keep ordering from the same team. It's a signal of how legacy auto suppliers are letting go of in-house software.

Minh Quan·
Platinum Surplus Comes From Investor Selling, Not Weak Demand
Market Beat

Platinum Surplus Comes From Investor Selling, Not Weak Demand

Platinum hit a seven-month high the same day the WPIC flipped its 2026 balance forecast to a 265,000-ounce surplus. The two numbers measure different things on different timescales, and this is exactly where investors are most likely to conflate them.

Minh Quan·
Digiworld's Best Profit in 4 Years, Stock Still Down 39%
Corporate Analysis

Digiworld's Best Profit in 4 Years, Stock Still Down 39%

Digiworld posted its best quarterly profit in four years in Q1 2026, yet the stock fell nearly 40% on negative operating cash flow. Q2 answered that question, but the balance sheet picked up new risks.

Minh Quan·
13.8 Million Trading Accounts, Half the Liquidity
Macro Insights

13.8 Million Trading Accounts, Half the Liquidity

Vietnam's individual investor account count has blown past the 11-million target set for 2030, but average daily trading value on HOSE fell by nearly half over the first eight months of 2026. The Ministry of Finance has already shifted to a different yardstick.

Phuong Nam·
VN-Index Touched Resistance, Then Slipped on Thin Liquidity
Market Beat

VN-Index Touched Resistance, Then Slipped on Thin Liquidity

VN-Index brushed the lower edge of its 1,850-1,870 point resistance zone on September 4, but missed the two conditions its September strategy report demanded: liquidity and market breadth. Three sessions later, the index retreated to 1,827.12 points.

Minh Quan·
NIM Rises, Sacombank's Profit Still Falls 44.5%
Corporate Analysis

NIM Rises, Sacombank's Profit Still Falls 44.5%

Sacombank's Q2 2026 net interest margin improved to 2.82%, yet pre-tax profit still dropped 44.5% as loan-loss provisions surged. Bad debt and coverage ratios are the numbers worth reading now.

Minh Quan·
HOSE Market Cap Surges as Foreign Investors Keep Selling
Macro Insights

HOSE Market Cap Surges as Foreign Investors Keep Selling

HOSE's market cap topped VND 8.84 quadrillion after an August rally, even as foreign investors have net-sold more than VND 90,704 billion year to date. The two numbers aren't contradictory, they belong to two different phases of the same market.

Thanh Ha·
Brent Nears $100 as Diesel Outpaces Gasoline 5-to-1
Market Beat

Brent Nears $100 as Diesel Outpaces Gasoline 5-to-1

Brent crude is approaching $100 a barrel after a week of military escalation in the Middle East, feeding straight into Vietnam's next fuel price review on September 10 at 3pm. The real burden falls on trucking, aviation and chemicals, sectors whose margins were already thin before diesel started climbing.

Thanh Ha·
MSR posts record profit, two brokers split by VND 2,758bn
Corporate Analysis

MSR posts record profit, two brokers split by VND 2,758bn

Reading the same audited semi-annual report from Masan High-Tech Materials, BSC and TCBS produced full-year 2026 profit forecasts that differ by 87%. Here's what the Q2 numbers and the latest tungsten price data actually support.

Minh Quan·
VHM Shares Land Sep 9, Real Float Just 1.16 Billion
Corporate Analysis

VHM Shares Land Sep 9, Real Float Just 1.16 Billion

More than 4.1 billion Vinhomes shares become tradable on September 9, but most of them belong to Vingroup, which isn't selling. The real free float is far smaller than the headline number, and that detail is what will decide which of two price scenarios plays out.

Minh Quan·