Negative Real Rates, Yet VND 10,380 Trillion Stays Put
By end-January 2026, household deposits hit a record VND 10,380 trillion even as real returns turned negative by nearly 2%. Three behavioural layers explain why this enormous pool of money refuses to move.
Oil Down 12%: Nikkei Hits Record, Vietnam Oil Stocks Sell Off
The same 12% drop in Brent crude triggered three entirely different reactions across Asian markets. What matters isn't which way oil moved, but what role oil plays in each economy and each company.
Vuong's VinEnergo Holding: $3B Energy Ambition Outside VIC
Pham Nhat Vuong has registered VinEnergo Holding with VND 79,763 billion in capital, surpassing Vingroup and built entirely outside the listed entity. Here is what VIC and VHM shareholders need to understand.
May Bond Market: 97% of Public Offerings Are From Banks
While most retail investors still avoid 'corporate bonds' because of 2022 memories, the public offering channel in May has completely changed: 97% of issuance value comes from banks, not real estate.
Vinhomes Gold-for-Home Program: The 110% Is a Price Floor, Not a Return
Vinhomes promises to return 110% of your gold's value after 5 years, but spread evenly that's only about 2% per year. Here's what you're actually paying for.
Urea Down 27% With Supply Still Stuck: DPM and DCM
90 days from Hormuz to the reversal: urea surged 55% then fell 27% while supply remained locked in. DPM and DCM delivered a standout Q1, but the second half hinges on two unresolved variables.
VND 58,500B Corporate Bonds Due Q2: Real Estate at 75.6%
Vietnam's largest quarterly corporate bond maturity of the year arrives with nearly three-quarters concentrated in real estate, against a backdrop of VND 31,500 billion already in arrears. Here's what bondholders need to understand about the three scenarios ahead and their legal rights under Decree 08.
DGC Trading Restricted: Two Problems, One Legal Root
From May 26, DGC moves to periodic matching: lower liquidity, harder to exit. That part is fixable. The bigger risk is a criminal investigation that is simultaneously squeezing profit margins and extending the recovery timeline.
IMP: Tender Window Closed, Market Price Still 18% Below
Lian paid VND 57,400 per share to take control of Imexpharm, yet IMP trades at just VND 46,650. This isn't a mispricing. A minority share and a controlling stake are fundamentally different things.
Rice Prices Up 18%, But Rice Stocks Stay Silent
World rice prices have surged in May and Vietnam now leads regional export pricing. But TAR and LTG are still falling. Here is why the reflex of 'buy commodity stocks when prices rise' does not apply to rice.
Samsung Thai Nguyen: The Top-Earning Samsung Electronics Subsidiary
A single factory in Thai Nguyen province posted VND 18,520 billion in net profit for Q1/2026, outperforming every Samsung Electronics subsidiary worldwide. Here is the three-layer mechanism behind the number and what it means for Vietnam's export story.
Hormuz in the Grey Zone: Three Scenarios for May 25-29
Two official statements from Washington and Tehran flatly contradicted each other about the Strait of Hormuz on the same evening. Vietnam's oil and gas stocks lost 7-12% last week and now face three divergent scenarios.