Vietnam banking and securities sectors show mixed Q3 2026 results

Vietnam banking sector securities market VPBank Techcombank financial earnings

The Vietnamese financial sector reported diverse performance in the third quarter of 2026. Major commercial banks such as VPBank and Techcombank achieved significant milestones, with both exceeding $1 billion in nine-month pre-tax profits. VPBank reported a 47% year-on-year increase in nine-month profit, reaching nearly 30,000 billion VND, driven by credit expansion and a 30% increase in credit outstanding.

In contrast, the securities sector faced significant volatility. Several firms reported sharp declines in profitability due to market adjustments and increased operating costs. VIX Securities saw a 94% drop in pre-tax profit, while VietinBank Securities (CTS) experienced a 98% decrease in pre-tax profit compared to the previous year. SHS Securities reported a 58% decline in profit, though its margin lending business grew, with outstanding debt exceeding 12,000 billion VND.

Amidst these fluctuations, several banks, including VIB and LPBank, have proactively reduced lending and deposit interest rates to support economic growth and business recovery, following government directives.

Entities

Agribank · LPBank · SHS Securities · State Bank of Vietnam · Techcombank · VIB · VPBank · Vietnam

Claims

What the coverage asserts, and how many sources carry each claim.

[○ 1 SOURCE] VPBank's consolidated pre-tax profit for the first 9 months reached nearly 30,000 billion VND. thuonghieusanpham.vn
[○ 1 SOURCE] Agribank reduced savings interest rates for terms of 6 months or longer by up to 0.5 percentage points. soha.vn
[○ 1 SOURCE] Techcombank's cumulative pre-tax profit for the first 9 months reached 28,920 billion VND. thuonghieusanpham.vn
[● 2 SOURCES] LPBank's cumulative pre-tax profit for the first 9 months of 2026 reached 10,421 billion VND. doanhnghiephoinhap.vn
[○ 1 SOURCE] Vietnam requires approximately 1,460 billion USD in capital for the 2026-2030 period.
[○ 1 SOURCE] VIB launched a 15,000 billion VND preferential credit package for priority sectors. thanhnien.vn