Vietnam Market Brief — Week 26, 2026

Overview

Vietnam’s economy showed mixed momentum this week, with exports growing 21% year-on-year but imports accelerating faster at 33.1%, resulting in a $16.8 billion trade deficit in the first half of 2026. On a positive note, Vietnamese enterprises are shifting toward high-technology sectors, with over one-third of export value now coming from electronics and advanced products, while regulators approved infrastructure investments including the Can Gio-Vung Tau sea bridge project. However, authorities intensified crackdowns on fraud schemes—including a record 3.3 trillion VND holiday scam and illegal invoice trafficking—while also addressing banking security concerns and implementing new e-commerce regulations set for July 2026.

Logistics

Toàn cảnh đường vượt biển Cần Giờ - Vũng Tàu: Khép vòng hạ tầng chiến lược TP.HCM

Ho Chi Minh City’s People’s Council has approved an investment plan for the Can Gio-Vung Tau sea bridge, which will connect the two shores of Ghanh Rai Bay. This is Vietnam’s first project combining a bridge, tunnel entrance area, and undersea tunnel. The project represents Ho Chi Minh City’s ambition to complete a modern infrastructure loop following its recent administrative merger.

• Source: TuoiTre

Consumers

'Đã mua kim cương là lỗ': Thị trường chao đảo, nhiều tiệm đóng cửa

A diamond and precious metals company, Thực Lan Diamond, announced an unexpected closure and suspension of operations from June 16. The company was established in May 2023 and operated three branches in Bắc Ninh, Hà Nội, and Ho Chi Minh City. The market for diamonds has become unstable, with multiple jewelry stores closing their operations.

• Key figures: Closure effective date: June 16; Company establishment date: May 2023; Number of branches: 3; Director birth year: 1997
• Source: VietnamNet

Regulation

Toàn cảnh vụ lừa đảo kỳ nghỉ rúng động dư luận năm 2026

A large-scale systematic holiday fraud scheme affecting over 3,300 Vietnamese citizens has been exposed, with authorities prosecuting nearly 400 suspects nationwide. The scheme resulted in losses exceeding 3.3 trillion VND, with many victims losing their life savings. A VTV journalist team’s investigation spanning over 4 years helped uncover what is described as the largest systematic fraud case in the country, primarily targeting middle-aged and elderly individuals.

• Key figures: Total losses: 3.3 trillion VND; Number of suspects prosecuted: 400 persons; Investigation duration: 4 years; Estimated victims: 3,300 persons
• Source: CafeF

UBCKNN phát hiện sai sót trọng yếu tại một doanh nghiệp thép lớn, hai kiểm toán viên PwC bị đình chỉ

The State Securities Commission (UBCKNN) discovered material accounting errors at a major steel enterprise, with two PwC auditors suspended. Despite the presence of material accounting errors in the consolidated financial statements, the company’s report received an unqualified audit opinion. Nam Kim Steel Joint Stock Company (code: NKG) recently announced receiving a letter from UBCKNN regarding its 2025 audited financial statements conducted by PwC Vietnam.

• Source: CafeF

Tin tức sáng 22-6: Từ ngày 1-7, người livestream bán hàng phải xác thực danh tính

Vietnam’s new E-commerce Law will take effect on July 1, 2026, introducing stricter regulations on livestream selling and affiliate marketing. The law specifies responsibilities for e-commerce platform operators, including requirements for electronic identity verification of livestream sellers. Platforms must verify the identity of livestream sellers using VNeID (Vietnam’s national digital identification system) before allowing sales broadcasts.

• Key figures: Law effective date: July 1, 2026
• Source: TuoiTre

Ngăn chặn tình trạng mua bán trái phép hóa đơn, chứng từ

Vietnamese police have launched investigations and arrests targeting illegal invoice and document trading schemes. The Economic Police Department of Ho Chi Minh City arrested several subjects on April 30 for printing, distributing, and trading fraudulent invoices and government revenue documents. The schemes involve shell companies engaged in illegal invoice trafficking that has resulted in losses to the state budget in the hundreds of billions of dong.

• Source: CafeF

Vietcombank cảnh báo khẩn về tin nhắn gửi tới khách hàng

Vietcombank has issued an urgent warning about fraudulent SMS messages being sent to customers impersonating the bank. Users have reported receiving SMS messages claiming to be from Vietcombank with notifications about expiring loyalty points, account information changes, and account lockouts. These messages typically request customers to access suspicious links.

• Source: CafeF

Nới trần vốn ngắn hạn cho vay dài hạn: Cơ hội đi kèm rủi ro thanh khoản

The proposal to increase the ratio of short-term capital for medium and long-term lending from 30% to 40% is assessed by experts as an appropriate adjustment to current conditions, creating additional credit headroom for the economy. However, alongside opportunities to support growth are liquidity risks and maturity mismatches that the banking system must control carefully. The article discusses both the opportunities and risks associated with this regulatory adjustment.

• Key figures: Proposed increase in short-term capital ratio for medium and long-term lending: 30% to 40%
• Source: CafeF

Gia hạn thuế 125.000 tỉ đồng: Hiệu quả nhưng chưa đủ

Vietnam’s Finance Ministry is drafting a regulation to extend tax and land rental payment deadlines worth 125,000 billion Vietnamese dong. The extension is viewed as a flexible fiscal policy that improves cash flow and creates operational room for production and business activities. However, the measure is considered effective but insufficient to fully address current economic challenges.

• Key figures: Tax and land rental payment extension: 125,000 billion Vietnamese dong
• Source: CafeF

Thêm ‘Big 4’ dính lùm xùm chất lượng: Đình chỉ tư cách kiểm toán viên PwC vì hồ sơ Thép Nam Kim

PwC Vietnam’s audit work on Nam Kim Steel (NKG) for 2025 has been found deficient by the State Securities Commission’s quality review. The audit file on both separate and consolidated financial statements was deemed non-compliant with requirements. The auditors did not fully perform appropriate audit procedures as required.

• Source: TuoiTre

Nghị định 208: Chậm chuyến 4 giờ, khi nào hãng phải hoàn vé, bồi thường?

The Vietnamese government issued Decree 208 on air transportation, establishing passenger rights at specific time milestones and clarifying airline responsibilities when passengers must wait on or off the aircraft. Full refund rights for passengers begin at the 4-hour flight delay threshold. The regulation addresses scenarios where airline-caused delays exceed acceptable periods.

• Key figures: Flight delay threshold for full refund eligibility: 4 hours hours
• Source: TuoiTre

Điện mặt trời gắn pin lưu trữ có hiệu quả?

EVN states that installing energy storage systems on solar projects will increase total project investment costs, resulting in higher electricity prices compared to conventional solar plants. However, the investment efficiency and operational effectiveness of storage systems remain unclear. EVN recommends the Ministry of Industry and Trade clarify control rights, installation targets, and dispatch mechanisms for such projects.

• Source: ThanhNien

Stock Market

Những ai sở hữu cổ phần tỷ USD trong SpaceX?

SpaceX conducted a record IPO that increased founder and CEO Elon Musk’s shareholding value to over USD 1 trillion. The IPO created thousands of new millionaires and elevated several shareholders’ stake values above USD 1 billion. Following the IPO, SpaceX’s stock price surged, pushing the company’s market capitalization past Amazon and temporarily exceeding Microsoft.

• Key figures: Elon Musk’s SpaceX shareholding value post-IPO: over USD 1 trillion
• Source: VnExpress

MSCI “trừ điểm” Indonesia, cơ hội nào cho Việt Nam?

MSCI has downgraded Indonesia’s capital flow accessibility criteria to negative in its 2026 Market Accessibility Assessment, citing concerns about foreign investment capacity and transparency issues in shareholding structures. Vietnam remains positioned to potentially benefit from Indonesia’s setback, though it must still demonstrate it meets MSCI’s Emerging Markets classification standards. The assessment highlights structural challenges in Indonesia’s investment environment that may create opportunities for competing markets.

• Source: CafeF

Quỹ ngoại đua bán cổ phiếu, Thép Nam Kim bị ‘tuýt còi’

Foreign funds linked to Dragon Capital have sold millions of shares, while T-Corp Asset Management Company registered the sale of nearly 25 million shares in a subsidiary. The State Securities Commission sent Nam Kim Steel a notice regarding its 2025 financial report not meeting requirements.

• Key figures: Shares registered for sale by T-Corp: Nearly 25 million shares
• Source: CafeF

Giá vàng lao dốc, giới đầu tư tranh cãi về cơ hội nghìn tỷ

Gold prices have declined significantly from a historic peak of $5,589 per ounce in January to approximately $4,157 per ounce, representing a loss of around 26% in value over a short period. Despite the price drop, gold mining companies are experiencing record cash flows, creating an unusual market paradox where mining stocks are trading at unusually low valuations. This contradiction is generating debate among investors about potential opportunities worth billions of dollars.

• Key figures: Gold price peak in January: 5,589 USD/ounce; Current gold price: 4,157 USD/ounce; Gold price decline: 26 %
• Source: VietnamNet

Thế hệ thứ 2 lộ diện, con trai ông Nguyễn Đức Thụy nắm loạt công ty lớn, khối tài sản khủng

LPBank Securities (LPBS), part of businessman Nguyễn Đức Thụy’s family holdings, completed its initial public offering (IPO) by distributing over 141.75 million shares at 30,000 đồng per share, raising over 4.256 trillion đồng. The IPO increased LPBS’s charter capital to over 14.086 trillion đồng, elevating it to the group of major securities companies. The second generation of the Nguyễn Đức Thụy family is gaining prominence in managing a large portfolio of companies and assets valued at significant scale.

• Key figures: IPO shares distributed: 141.75 million shares; IPO share price: 30,000 đồng/share; IPO proceeds: 4.256 trillion đồng; Charter capital after IPO: 14.086 trillion đồng
• Source: VietnamNet

Chuyên gia dự báo thời điểm Việt Nam có thể vào “watch list” MSCI, chỉ ra bài học từ Thái Lan và Indonesia

Experts predict Vietnam could potentially be added to MSCI’s watch list and highlight lessons from Thailand and Indonesia’s experience with index inclusion. MSCI has acknowledged Vietnam’s efforts to reform infrastructure and operating mechanisms, though no positive indicators have appeared yet on its assessment scorecard. Thailand’s NVDR mechanism, which allows foreign investors to access fully-subscribed stocks, is cited as a notable precedent from regional peers.

• Source: CafeF

Chuyên gia gợi ý 3 nhóm ngành dòng tiền tìm tới trong mùa kết quả kinh doanh quý 2

An expert discusses three industry groups expected to attract capital inflows during the Q2 earnings season. The Vietnamese stock market has not been included in MSCI’s short-term monitoring list, requiring priority focus on meeting FTSE Russell upgrade criteria. During the final trading week of June 2026, the market is experiencing low information flow with significantly reduced liquidity.

• Source: CafeF

Macroeconomy

Những vấn đề đặt ra khi nhập siêu không phải do suy giảm xuất khẩu

Vietnam’s trade deficit of $16.8 billion in the first half of 2026 is not caused by declining exports, but rather by imports growing faster than exports. Total trade turnover from January to June 15 reached $496.65 billion, up 27% year-on-year, with exports at $239.93 billion (up 21%) and imports at $256.72 billion (up 33.1%). The trade deficit highlights concerns as Vietnam aims for double-digit growth driven by investment and exports.

• Key figures: Total trade turnover (Jan 1 - Jun 15): 496.65 billion USD; Trade turnover growth: 27 %; Exports (Jan 1 - Jun 15): 239.93 billion USD; Export growth: 21 %
• Source: TuoiTre

Doanh nghiệp Việt vươn lên làm chủ công nghệ

Vietnamese enterprises are increasingly moving into high-technology sectors and away from low-cost exports and assembly operations. More than one-third of Vietnam’s export value now comes from high-tech products including electronics, telecommunications, computers, and components. Domestic companies, ranging from traditional heavy industry groups to major digital technology firms, are demonstrating technological self-sufficiency capabilities in increasingly difficult fields.

• Key figures: Share of high-tech products in Vietnam’s export value: More than 1/3 proportion
• Source: ThanhNien

Giá xăng dầu giảm sâu nhưng nguy cơ tăng trở lại khi ưu đãi thuế hết hiệu lực

Gasoline and diesel prices in Vietnam have declined significantly from their peaks in March following geopolitical tensions in the Middle East. Currently, E5 RON92 gasoline is priced at 20,126 VND/liter, E10 RON95-III at 20,753 VND/liter, diesel at 23,534 VND/liter, and mazut at 16,680 VND/kg. Price increases may resume when tax incentives expire, creating renewed upward pressure on fuel costs.

• Key figures: Giá xăng E5 RON92 hiện tại: 20.126 đồng/lít; Giá xăng E10 RON95-III hiện tại: 20.753 đồng/lít; Giá dầu diesel hiện tại: 23.534 đồng/lít; Giá dầu mazut hiện tại: 16.680 đồng/kg
• Source: VietnamNet

Giá vàng hôm nay 22/6/2026: Fed gây sức ép, vàng SJC khó tăng mạnh

Global gold prices opened Monday at $4,210 USD/ounce and surged to a peak of $4,382 USD/ounce, driven by safe-haven demand amid U.S.-Iran tensions. The rally reversed after the U.S. Federal Reserve maintained interest rates at 3.5%-3.75% but signaled openness to further rate hikes. The Fed remains the primary driver of near-term gold price trends.

• Key figures: Global gold price - opening: 4,210 USD/ounce; Global gold price - peak: 4,382 USD/ounce; Fed interest rate: 3.5%-3.75% range
• Source: VietnamNet

50 năm thành phố mang tên Bác: Mô hình phát triển đô thị mới của TP.HCM

Ho Chi Minh City has introduced urban development guidelines emphasizing transit-oriented development (TOD) zones, where high-rise and mixed-use projects are allocated approximately 80% of residential land, while single-family low-rise housing is capped at 20%. The land use coefficient can increase up to 1.5 times current levels, with parking requirements reduced by up to 50% and social infrastructure requirements adjusted for flexibility.

• Key figures: High-rise and mixed-use project allocation in TOD zones: 80% percent of residential land; Single-family low-rise housing cap: 20% percent of residential land; Land use coefficient increase: 1.5 times relative to current level; Maximum parking requirement reduction: 50% percent
• Source: ThanhNien

Platforms

Cuộc chạy đua gom các trạm sạc lên app chung

Thailand recorded 57,147 pure electric vehicles in Q1 2026, followed by Vietnam with at least 53,685 electric vehicles. V-Green, part of the Vingroup ecosystem, operates approximately 150,000 charging ports for electric cars and motorcycles across 34 provinces and cities, representing the largest market coverage. The article discusses the rapid growth of electric vehicles and the fragmented charging experience across different platforms.

• Key figures: Thailand pure electric vehicles in Q1 2026: 57,147 vehicles; Vietnam pure electric vehicles in Q1 2026: at least 53,685 vehicles; V-Green charging ports operated: approximately 150,000 ports; Provinces and cities with V-Green coverage: 34 locations
• Source: TuoiTre

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