Global X MSCI Vietnam ETF

InMed Pharmaceuticals

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

Amesite

CN Energy

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

NextNRG

Meiwu Tech

Generation Income Properties

MetaVia

OceanPal

VNAM

Vietnam is positioning shipbuilding as a strategic pillar of its marine economy, aiming to enhance economic growth, logistics, and national security. Experts highlight the industry's potential to reduce dependence on foreign markets and lower logistics costs. Despite challenges like limited financial capacity and low localization rates, domestic enterprises are now capable of building advanced vessels. The government is proposing policies to support the sector's development, which could contribute significantly to GDP growth and the country's overall development strategy.

Vietnam News

VanEck Vietnam ETF

Việt Nam eyes shipbuilding as new industrial growth engine

The VN-Index fell by 15 points (0.78%) to 1,912.93 amid heavy selling in oil and rubber stocks, with major companies hitting floor prices. The HNX-Index rose 0.1% to 259.5. Despite increased liquidity, foreign investors continued net selling, particularly in financial stocks. Analysts suggest the VN-Index remains above the 1,900 support level, with expectations for government reforms boosting investor sentiment. The market is anticipated to remain volatile as it tests previous peaks.

VN-Index falls amid steep losses in oil and rubber stocks

EIDO

ASEAN nations are reversing their commitments to net-zero emissions and returning to fossil fuels due to a recent energy crisis exacerbated by Middle East conflicts. Countries like Indonesia and Vietnam are increasing coal production and usage to ensure affordable and reliable electricity for their growing economies. This shift highlights the challenges of transitioning to renewable energy amidst rising gas prices and supply chain disruptions, as governments prioritize energy security over climate pledges.

Thehill

ISHRS MSCI Indonesia

VanEck Indonesia Index ETF

ASEAN nations return to fossil fuels, back away from net zero plans

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

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.

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.

Global X MSCI Vietnam ETF(VNAM.US)