Vietnam Market Daily Report — September 30, 2026

Vietnam's benchmark VN-Index closed at 1,769.68 on September 30, 2026, largely unchanged from the previous session.

Vietnam's overnight interbank VND rate fell to 0.20%/year on September 29, the lowest since January 2024, as the State Bank of Vietnam drained about 1,565 billion VND via open market operations amid improved short-term liquidity.

The Reserve Bank of Australia raised its key interest rate by 25 basis points to 4.6%, the highest in 15 years, citing persistently high inflation. The move has no direct impact on Vietnamese listed companies.

The Vietnamese government extended the zero preferential import tax, environmental protection tax, and VAT on petroleum products until the end of the year, instead of ending on September 30, to stabilize energy supply and control inflation amid Middle East tensions.

Former Deputy Minister Dang Hung Vo proposes that the revised Housing Law clarify apartment building lifespan rules and require developers to compensate owners if actual usable life falls short of the contractual commitment. The government has asked the Ministry of Construction to specify these rules.

The Vietnamese Government issued Resolution 303/NQ-CP, assigning social and rental housing development targets to localities for 2026-2030, with a total target of 899,857 units and a focus on rental housing as a strategic segment.

Deputy Prime Minister Pham Gia Tuc chaired a meeting of the Steering Committee 751 on resolving stalled projects, stressing that the ultimate measure is getting projects operational. Over 70% of 5,012 stalled projects have had obstacles removed, but only 855 have actually resumed operations.

Vietnam's State Securities Commission met with Singapore's MAS to discuss capital market connectivity, proposing that Vietnamese securities firms act as market makers for depositary receipt (DR) products on the Singapore market, and exchanging experience on crypto asset regulation.

Sacombank (STB) approved a public bond issuance of VND 15,000 billion (about USD 600 million) with 7- and 10-year tenors, part of a broader strategy to diversify funding sources for long-term growth. The bank also previously approved up to VND 40,000 billion in bond issuances in June 2026.

Gia Lai province approved a policy to subsidize 200 million VND per international charter flight to Phu Cat Airport and 50% of sightseeing fees, with a total budget of over 94 billion VND for 2026-2027 to boost international tourism.

The Vietnamese government issued Resolution 299, directing Hanoi, Ho Chi Minh City and five other localities to identify land funds for cultural industry centers and to select up to three leading cultural projects each, with completion deadlines in late 2026.

Deputy Prime Minister Pham Gia Tuc said Vietnam's supporting industry remains 'broad but not deep', with over 7,000 firms but only about 30% participating in global supply chains, and called for a shift from localization ratios to mastering core capabilities.

Deputy Prime Minister Pham Thi Thanh Tra announced that commune-level officials' allowances will rise from 25% to 55% of current salary, expected to take effect from July 1, 2026, as part of broader wage reform.

Vietnam's Ministry of Industry and Trade approved a plan to develop factory outlet models through 2030 with a vision to 2045, a policy long advocated by IPPG Chairman Johnathan Hanh Nguyen to capture retail spending from tourists.

HoSE is developing the VNPRIVGRO index comprising 30 private-sector growth stocks selected from the VNAllshare basket, with state ownership capped at 15% and GICS sector limits, to serve as a benchmark and basis for future index products.

Vietnam's overnight interbank VND rate fell to 0.2% per year, the lowest in two years, while one-week to one-month tenors remained above 6%. The State Bank of Vietnam drained nearly 1.565 trillion VND via open market operations.