Market liquidity improved slightly in the week of April 13-17, with capital flows concentrating in real estate and steel stocks, while financial and oil & gas stocks saw outflows.
The State Bank of Vietnam (SBV) net withdrew VND 71,563 billion from the banking system via open market operations (OMO) in the week of April 13-17, 2026, while 30 commercial banks including VPBank (VPB) cut deposit rates by 0.1-0.5 percentage points. This coordinated action, following an SBV meeting, signals a deliberate easing of funding costs and system liquidity, potentially supporting bank net interest margins as pressure from the USD/VND exchange rate subsides.
U.S.-Iran tensions escalate as Trump announces blockade of Iranian ports, causing uncertainty in Strait of Hormuz shipping routes critical to global oil supply.
US military blocks Iranian ports affecting maritime traffic through Strait of Hormuz, potentially impacting global energy prices and trade routes involving Vietnam.
Iran issues ultimatum warnings to US naval ships in Strait of Hormuz amid escalating tensions, raising concerns over regional security and global oil trade disruptions.
Three large oil tankers successfully transit Hormuz Strait amid fragile US-Iran ceasefire, signaling partial resumption of critical oil flows but highlighting ongoing geopolitical risks affecting global energy markets.