Vietnam's leading companies post strong first‑half 2026 earnings

Petrolimex profit HDBank assets VinFast EV sales VPBank OTP rule Vinatex earnings

Vietnamese corporations reported robust financial results for the first half of 2026. Petrolimex posted a consolidated profit above VND 2,800 billion, with about 65 % generated from non‑fuel and international businesses. HDBank’s pre‑tax profit exceeded VND 13,200 billion and its assets surpassed VND 1 million billion, placing it among banks with trillion‑dong balances. SHB recorded a pre‑tax profit of VND 9,092 billion, while Vinatex’s pre‑tax profit rose 39.5 % to VND 930.4 billion, reflecting strong cost control. VinFast sold 19,503 electric vehicles in May, bringing its cumulative sales to 97,961 units for the year. VPBank introduced new Smart‑OTP security rules on 30 July, requiring a minimum six‑character code and a maximum 12‑month validity. PNJ reported a net profit of VND 1,256 billion despite a Q2 loss due to large provisions. Dabaco’s net profit after tax fell to VND 289.12 billion, a 43 % drop year‑on‑year, as live‑hog price declines squeezed margins. The World Bank also upgraded Vietnam to the upper‑middle‑income group, underscoring the broader economic shift.

Entities: Castrol BP Petco · HDBank · Novaland · PNJ · PNJ (Công ty Cổ phần Vàng Bạc Đá Quý) · Petrolimex · Petrolimex Chemical (PLC) · Petrolimex Gas · Petrolimex Singapore · SeABank · Vietnam · VinFast

Claims

What the coverage asserts, and how well corroborated each claim is across sources.

[● 2 SOURCES] Petrolimex's consolidated profit for the first half of 2026 exceeded VND 2.8 trillion. (new)
[● 2 SOURCES] Joint‑venture Castrol BP Petco contributed over VND 200 billion to Petrolimex's profit. (96921e17-fb77-4195-a105-bcb61d8aaabb)
[● 2 SOURCES] Petrolimex's aviation‑fuel subsidiary generated over VND 350 billion profit as air travel recovered. (Aviation fuel business)
[● 2 SOURCES] About 65 % of Petrolimex's profit came from non‑fuel and international business segments. (new)
[● 2 SOURCES] International units in Singapore and Laos together added nearly VND 400 billion to Petrolimex's profit. (96921e17-fb77-4195-a105-bcb61d8aaabb)
[● 2 SOURCES] Petrolimex Chemical earned close to VND 240 billion, three times its profit a year earlier. (96921e17-fb77-4195-a105-bcb61d8aaabb)
[● 2 SOURCES] Petrolimex Gas earned more than VND 120 billion profit, a 1.6‑fold increase year‑on‑year. (96921e17-fb77-4195-a105-bcb61d8aaabb)
[○ 1 SOURCE] HDBank posted pre‑tax profit of VND 13,200 billion in the first half of 2026 and assets exceeding VND 1 million billion. (new)
[● 2 SOURCES] PNJ reported an after‑tax loss of VND 283 billion for Q2 2026 on revenue of VND 8,484 billion. (a30fdfdc-400d-48f7-b18f-a612153ebc79)
[○ 1 SOURCE] VPBank began applying new Smart OTP rules on 30 July 2026, requiring a minimum six‑character code and a maximum 12‑month validity. (new)
[○ 1 SOURCE] Vinatex's pre‑tax profit for the first half of 2026 increased 39.5 % to VND 930.4 billion. (new)
[○ 1 SOURCE] VinFast sold 19,503 electric vehicles in May 2026, bringing its cumulative sales to 97,961 units for the year. (new)