VIB

Vingroup (VIC) has approved a plan to issue a $350M, 5-year international bond to be listed on the Vienna Stock Exchange, following a successful $325M issuance in late 2025. This move coincides with capital-raising plans by HDBank ($300M green bond), VPBank (foreign private placement), and VIB ($1B foreign capital plan), reflecting a sector-wide pivot to international markets as borrowing costs decline.

Six Vietnamese banks have announced plans to pay cash dividends for 2025, with a total estimated payout of nearly 34,000 billion VND (~$1.35 billion USD), led by LPBank's proposed 30% cash dividend.

The State Bank of Vietnam reports over 20 commercial banks, including ACB, have cut deposit rates by 0.1-0.5% p.a. following a directive meeting on April 9, 2026.

Over 20 Vietnamese commercial banks, led by major state-owned and private institutions, have simultaneously reduced deposit rates by up to 0.5% per annum, following a directive from the State Bank of Vietnam (SBV) on April 9. This coordinated move is expected to pave the way for a broader reduction in lending rates, with early movers like Agribank and Nam A Bank already cutting loan rates by 0.5-3.0% to support economic recovery.

VietinBank (VIB) launches Privilege Banking service targeting affluent clients with dynamic financial solutions tailored to personal life stages.

On April 10th, foreign investors net bought nearly 940 billion VND, with TCB and HPG as top buys, while proprietary traders net bought almost 400 billion VND, focusing on MWG, HPG, and MBB. This combined institutional net buying indicates a positive sentiment for the day's trading.

This pre-market briefing compiles several positive company updates, including strong Q1 results for Dien May Xanh (MWG), positive AGM news for BMP, MBS, PJT, VIB, and a high profit target for VPBankS. Key policy news includes the appointment of a new State Bank of Vietnam Governor and an increase in the social housing income ceiling.

VIB announced a 19% dividend at its 2026 AGM, following strong performance in 2025 with a 1% increase in pre-tax profit and significant growth in assets and retail banking. The bank also outlined strategic directions for 2026 focusing on retail, corporate, technology, and operational efficiency.

The VN-Index surged by a record 4.71% in one day, reaching a one-month high, following FTSE Russell's announcement to upgrade Vietnam from frontier to emerging market status. Trading volume nearly doubled, with most large-cap stocks gaining significantly, despite foreign investors being net sellers.