VN-Index hits record, VNDirect cuts 2026 target to 1,967
VNDirect slashed its 2026 VN-Index target from 2,099 to 1,967 points in the same week the index set a new all-time high. With only 3.5% upside to the new target, investors now face two equally plausible scenarios and three concrete signals to watch.
Vietnam's PFC Designation: The Real Risk Looks Different
USTR named Vietnam a Priority Foreign Country on April 30 and VN-Index fell 0.83% on May 12. But PFC doesn't mean immediate tariffs. Three common misreads are driving a selloff far broader than the actual risk warrants.
MPC Posts 12x Profit Surge: Operating Leverage and a VND 5,500B Inventory
Revenue doubled but profits multiplied 12-fold: Minh Phu's Q1 2026 earnings are a textbook case of operating leverage in the shrimp processing industry. A VND 5,500 billion inventory nearly matching total equity raises questions for the quarters ahead.
Trump-Xi Beijing Summit: Two Zones of Vietnam's Electronics FDI
On May 14, Trump arrived in Beijing with 17 top U.S. executives in tow. For Vietnam investors, the right question is which parts of eight years of hard-capital electronics FDI are truly at risk.
VN30 Red in 27/29: Capital Shifts Into Oil and Fertilizer
VN-Index retreated 19.87 points from its all-time high of 1,915.37. The VN30 finished nearly all red, but market-wide turnover rose 4% as capital rotated into oil and fertilizer stocks.
Au Lac Group Raises ACB Stake to 6% After Two Decades of Silence
From below the major-shareholder threshold to 6% in just a few months, the Au Lac family group is placing a clear long-term bet on ACB's 2026 growth story ahead of a 667-million-share issuance.
VCBF sold VIC, stock rose 60%: a lesson in disciplined selling
VCBF sold its entire VIC position in January 2026. The stock rose more than 60% afterward. At a May 11 investor meeting, Nguyen Trieu Vinh explained: selling by the process doesn't mean selling at the top.
Controlled Short Selling: The Infrastructure Vietnam Needs Before FTSE Day
FTSE Russell has confirmed Vietnam's upgrade to Secondary Emerging Market status effective September 21, 2026, with an estimated USD 6 billion in passive inflows expected. But for that capital to flow smoothly, one critical piece of market plumbing is still being built: a controlled short-selling mechanism through VSD.
HPG Before the Bell: The USD 27B Red River Project and Its Capital Puzzle
Hoa Phat is the only listed company in the consortium proposing the Red River Landscape Boulevard, a BT project worth VND 736,963 billion. Here are three things HPG investors need to understand before markets open on May 11.
Fed Is Changing Its Chair, But Markets Still Bet on No Rate Cut
Warsh is set to take over as Fed Chair this week. Derivatives markets are pricing a 95.9% probability of no rate change at the June meeting, and three structural reasons explain why 'new chair equals lower rates' is an assumption without institutional grounding.
Gold Bars After 14 Years of Monopoly: Vietnam's Market Is Opening Up
Decree 24/2012 shut down the free gold market. Fourteen years later, banks are racing to apply for gold bar production licenses, and the Prime Minister has instructed the SBV to urgently report on a proposed National Gold Exchange.
Vietnam's 36% Debt Ratio Can't Block USD-Driven Capital Costs
Vietnam's public debt stands at just 36% of GDP, well below the National Assembly's 60% ceiling. But elevated US Treasury yields transmit through three dollar-denominated channels that push up the cost of capital in every Vietnamese investor's portfolio.