Global X MSCI Vietnam ETF

AMPLITECH GROUP INC. COM USD0.001 (S/R 18/07/2026)

AMPLITECH GROUP INC. USD0.001 S/R 20/11/26 SER B

Wellgistics Health

Huachen AI Parking Management Tech

GeoVax Labs

Sunshine Biopharma

AIM ImmunoTech

Virax Biolabs

NextNRG

GCT Semiconductor

VNAM

Hanoi authorities have reversed a plan to ban petrol motorbikes in favor of electric two-wheelers due to public opposition and infrastructure delays. Initially aimed at reducing air pollution, the revised proposal now only restricts petrol bikes on 11 streets during limited hours. The decision highlights challenges in transitioning to electric vehicles in Vietnam, where motorbikes dominate transportation. Concerns over maintenance, charging infrastructure, and safety issues with electric bikes persist among residents.

Yahoo Finance

VanEck Vietnam ETF

Honda Motor Co., Ltd.

Honda Motor

VinFast Auto

Vinfast Auto - CW28

Hanoi hits the brakes on petrol bike ban

Vietnam aims to develop globally competitive economic groups, targeting 2 million active enterprises by 2030, including 20 large corporations in global value chains. Recent resolutions emphasize building strong state-owned enterprises and enhancing private sector capabilities. Notable companies like VinFast and THACO exemplify this ambition. However, experts warn that many enterprises remain small and weak, necessitating a shift in support policies towards targeted assistance for leading businesses. Mastering technology and strategic industry selection are crucial for Vietnam's economic advancement.

Vietnam News

Việt Nam eyes globally competitive economic groups

The VN-Index experienced strong volatility last week, fluctuating around its historical peak. It fell below 1,900 points but rebounded to set a new all-time high at 1,925 points. Despite high liquidity, foreign investors continued net selling, totaling approximately VNĐ3.91 trillion. Analysts suggest that if the VN-Index breaks above 1,920 points with strong support, it could move towards 1,940 points. Investors are advised to focus on fundamentally strong stocks amid ongoing market volatility.

Market could move toward the 1,940-point in short-term

The World Bank has reduced Vietnam's 2026 GDP forecast to 6.8% due to global economic conditions and inflation concerns. Meanwhile, U.S. core PCE inflation is projected to rise at a 4.6% annualized rate in April, complicating expectations for Federal Reserve rate cuts. Ongoing disruptions from the Iran war are exacerbating global energy price pressures.

- The World Bank has revised Vietnam’s 2026 GDP growth forecast down to 6.8% due to softer global conditions, oil shocks, and higher-than-target inflation.  
- In the U.S., core PCE inflation is projected to increase at a 4.6% annualized rate in April, which complicates the Federal Reserve's expectations for rate cuts.  
- The ongoing disruption of oil flows from the Iran war is contributing to rising global price pressures, posing risks for both advanced and emerging economies.

Vietnam growth cut and US inflation surge unsettle markets

Vietnam's public investment disbursement has been slow in early 2026, reaching only VNĐ153.9 trillion (approximately US$6 billion) by May 7, which is 15.2% of the annual target. The government is urging faster project implementation to boost economic growth. Only eight ministries and 16 localities have met or exceeded the national average disbursement rate, while many others lag behind. Challenges include a larger-than-expected investment plan, site clearance issues, and rising costs. The government plans to enhance transparency and accountability in disbursement processes.

- Vietnam's public investment expenditure has been slow in early 2026, prompting the government to accelerate project implementation to support economic growth amid global uncertainty.  
- As of May 7, spending reached 153.9 trillion VND (approximately 6 billion USD), equating to 15.2% of the annual target, with only eight ministries and 16 localities meeting or exceeding the average spending rate.  
- The government emphasizes that boosting public investment is crucial for economic growth, despite challenges like complex investment procedures and limited local capabilities.

Public investment disbursement slow in early 2026, faster spending urged

The government bond market in Vietnam saw short-term yields rise during the week of May 4-8, as primary auction demand weakened amid cautious investor sentiment. The State Treasury offered VNĐ18.5 trillion in bonds but only VNĐ7.1 trillion was bid, resulting in a low winning ratio of 29.73%. The 10-year bond yield increased to 4.17%, while the five-year yield rose to 3.89%. The Treasury plans to offer VNĐ16.5 trillion in the next auction cycle. Overall, government bond yields are expected to remain stable or increase slightly in the near term, particularly for five to ten-year maturities.

Government bond yields edge higher amid cautious investor sentiment

In Q1 2026, non-performing loans (NPLs) of 27 banks in Vietnam rose by nearly VNĐ30 trillion (US$1.14 billion), reaching over VNĐ292 trillion, accounting for 1.99% of total loans. BIDV led with over VNĐ42.65 trillion in NPLs. The increase reflects asset quality pressures following rapid credit growth, particularly in sensitive sectors. The average bad debt coverage ratio fell from 83.3% to 74.9%, indicating reduced reserves. Experts predict that bad debts may rise further by the end of 2026 but remain manageable if macroeconomic stability improves.

- In the first quarter of 2026, non-performing loans (NPLs) in Vietnam increased by nearly 300 trillion VND, exceeding 292 trillion VND in total, rising to 1.99% of total loans from 1.85% at the end of 2025.  
- Major banks like BIDV and Sacombank reported significant rises in NPLs, signaling increasing asset quality pressures, particularly in sensitive sectors like real estate and consumer goods.  
- Experts suggest that without robust credit risk management foundations, the rising NPLs could adversely affect bank profits and liquidity, with projections indicating further increases if macroeconomic conditions do not stabilize.

Bad debts increased by over $1.1 billion in Q1

XFVT

The green transition presents a unique opportunity for small and medium-sized enterprises (SMEs) to compete with larger corporations by integrating into global supply chains and meeting ESG standards. Experts at a seminar in HCM City emphasized that SMEs can adapt more quickly to sustainability demands, potentially securing major clients and long-term contracts. However, challenges such as leadership mindset, lack of qualified personnel, and limited access to green finance remain. Companies must view sustainable development as a core strategy, focusing on practical measures to reduce emissions and costs to maintain competitiveness in the evolving market.

Xtrackers FTSE VIETNAM SWAP UCITS ETF Capitalisation 1C

Green transition opens rare window of opportunity for smaller enterprises

03087

09804

02804

Vietnam is set to host the Vietnam Innovation and Private Capital Summit 2026 (VIPC Summit 2026) in HCM City on May 28, aiming to boost private capital in strategic tech sectors. The summit, organized by the National Innovation Centre, Vietnam Private Capital Agency, and DO Ventures, will gather around 1,500 delegates, including policymakers, investors, and tech firms. It will focus on mobilizing private capital and feature discussions on venture capital trends, including AI and climate technology. The event follows significant regulatory reforms and the anticipated upgrade of Vietnam to emerging market status by FTSE Russell.

X TRVIET

PREMIA VIET-U

PREMIA VIET

VIPC Summit 2026 targets global capital for Việt Nam's strategic tech sectors

KPHO

The implementation of Vietnam's Resolution No 68-NQ/TW has begun to reshape the private sector, fostering a growth-oriented mindset among businesses. The government is focused on institutional reforms, reducing administrative burdens, and enhancing business confidence. While there are positive signs, such as increased firm registrations, experts caution that effective implementation of reforms is crucial for sustainable growth. The emphasis is on creating a transparent business environment and addressing challenges in law enforcement and administrative processes to support the private sector's development.

- The implementation of Politburo Resolution No. 68 has begun to yield significant momentum in policy reform and reshaping private sector mindsets in Vietnam.  
- Prime Minister Pham Minh Chinh emphasized the need for ongoing administrative simplification and responsiveness to real demands to stimulate growth.  
- Although confidence in the private sector has risen, experts warn that substantial growth depends on the effectiveness of reforms, especially in reducing compliance costs and improving implementation mechanisms.

Global X MSCI Vietnam ETF(VNAM.US)

Hanoi hits the brakes on petrol bike ban

Việt Nam eyes globally competitive economic groups

Market could move toward the 1,940-point in short-term

Vietnam growth cut and US inflation surge unsettle markets

Public investment disbursement slow in early 2026, faster spending urged