Bánh Mì Brief

Markets, deals and policy from the last 24 hours.

◆  Top 3

1 ▸ PM Hung pledges 10%+ growth in first Q&A

In his first Assembly Q&A on 12 November, Prime Minister Le Minh Hung pledged 2026 growth above 10% and inflation around 4.5%, with ten-month CPI at 4.57%. He said global petrol prices had risen 76-78% and diesel 109% this year, and VND366.6tn in taxes and fees had been waived or deferred. For 2027, total social investment is planned at 36-38% of GDP.

→ SGGP · 12 Nov

2 ▸ Vietnam puts dollar bond sale on hold

Vietnam has paused a planned international bond sale, Finance Minister Ngo Van Tuan told the Assembly, saying issuing now would be very costly but the plan has not been dropped. Officials had discussed a sovereign dollar bond of up to $1B, the first since 2014, Bloomberg reported. Tuan said Japanese investors had urged Vietnam to issue in the Japanese market.

→ Bloomberg via BusinessMirror · 12 Nov

3 ▸ VN-Index loses 12 points as foreigners dump FPT

The VN-Index fell 12.15 points (-0.70%) to 1,734.75 on 12 November, ending a two-session rise, with 216 decliners against 107 gainers on HoSE. Banks, brokers and FPT (-2.65%) weighed. Foreign investors net sold over VND900bn market-wide, led by FPT at nearly VND450bn, KDH and STB, while buying HDB and MSN.

→ Bnews · 12 Nov

→ Sources differ: Nhan Dan puts net selling at VND876.2bn on HoSE · Nhan Dan · 12 Nov

◆  Economy & Markets

▸ SBV lifts central rate to 25,637

The State Bank set the central rate at VND25,637 per dollar on 13 November, up from 25,623. Commercial banks adjusted dollar quotes by 2-20 dong. The dollar index rose 0.29% to 103.17, its highest since April 2025, after US core CPI rose 0.3% in October; most economists in a Reuters poll expect a December Fed hike.

→ Thoi bao Ngan hang · 13 Nov

▸ SJC gold slips to VND138m

SJC bars fell another VND1m to VND135m buying and VND138m selling per tael by 10:46 on 13 November. DOJI matched SJC, Bao Tin Manh Hai sold at VND137.7m and PNJ cut VND0.5m to VND137.4m.

→ Bao Nghe An · 13 Nov

◆  Business & Deals

▸ VSIP wins $133M Da Nang free-trade-zone project

Da Nang approved VSIP as investor for an infrastructure project at Position 7 of the Da Nang Free Trade Zone under a decision signed on 12 November. The VND3.53tn ($132.9M) project, funded 20% by equity and 80% by loans, has a 70-year term. The 401-hectare site in Hoa Vang commune is planned as a science, technology and innovation complex.

→ CafeF · 13 Nov

▸ HCMC finance centre backs $100M venture scheme

The HCMC International Financial Centre signed a five-year framework with Touchstone Partners and HCM VIF on 12 November for a 1:1 co-investment programme that could reach $100M. HCM VIF, launched in April with VND500bn in charter capital, is backed by Sovico, Vingroup, FPT, VNG and five other firms. Targets include AI, deep tech and the green transition.

→ CafeF · 13 Nov

◆  Politics & Policy

▸ Assembly passes amended Securities Law

The National Assembly passed the amended Securities Law on 13 November with 463 of 464 voting deputies in favour, along with the amended Measurement Law (457/457) and a resolution approving 2025 state budget final accounts (458/461). Deputies also debated amended accounting and independent auditing laws and tax treatment for government-guaranteed BOT power projects.

→ Bao Ha Tinh · 13 Nov

◆  Worth Knowing

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