KLB

The VN-Index rose over 19 points to close near 1,820, led by Vingroup stocks hitting new all-time highs, while foreign investors were net sellers of over VND 1,100 billion.

Multiple Vietnamese banks, including LPBank (LPB) with a 30% cash dividend and VPBank (VPB) with over 31% total payout, are announcing high 2026 dividend distributions during the annual shareholder meeting season. This wave of payouts, commonly between 20-30%, reflects sustained sector profitability and a strategic balance between rewarding shareholders and retaining capital for expansion.

Nearly 20 Vietnamese banks have announced interest rate reductions, following a commitment to the State Bank of Vietnam, signaling a loosening monetary policy aimed at lowering capital costs for businesses and stimulating economic growth. While experts view this as a positive development, they also suggest the room for further significant cuts might be limited due to underlying capital structure issues.

Several Vietnamese commercial banks, including VPBank, ABBank, SeABank, and KienlongBank, have reduced deposit interest rates immediately after a meeting with the new SBV Governor. This coordinated move aims to lower lending costs, support economic recovery, and align with the central bank's policy direction.

KienlongBank announced a reduction in loan interest rates by up to 1% and deposit rates by up to 0.5% starting April 10, following a State Bank of Vietnam directive to support businesses and the economy. This move aims to enhance the bank's operational efficiency and provide flexible financial solutions to customers, particularly in manufacturing and import/export sectors.