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Vietnamese banking sector financial performance

Updated 1 time since CLSTR started tracking revisions of this situation.

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2026-09-26 03:43 UTC → 2026-09-27 13:14 UTC · added removed

Financial reports and industry forecasts indicate a period of growth for the Vietnamese banking sector in 2026. 2026, though rising capital costs present challenges. In the first half of 2026, PVcomBank reported a pre-tax profit exceeding 1,023 billion VND. The bank saw a 59% increase in net interest income compared to the previous year, alongside significant growth in service income and net profit from trading and investment securities. Specifically, net profit from investment securities reached over 362 billion VND, marking a turnaround from a loss of nearly 9 billion VND in the same period of 2025. Looking toward the third quarter of 2026, MBS Research projected profit growth across 13 monitored banks. The report forecasted that While credit for this group would grow growth is being driven largely by approximately 12% from corporate entities—with Agribank reporting an 8.74% increase in corporate debt and Vietcombank seeing an 11% rise in priority sector credit—banks are facing pressure on net interest margins (NIM). Interest expenses for 27 listed banks rose 49% in the start first half of the year. Specific projections included a 30% pre-tax 2026, outpacing interest income growth of 33.6%. Despite these rising costs, profit increase forecasts for major banks in Q3 2026 remain positive. Vietcombank and VietinBank, is expected to see a 27% profit increase for VPBank, and of approximately 29.1%, while VietinBank is projected to grow by 27.4%. VPBank is forecasted to see a 17.5% increase for Techcombank. Additionally, total provisioning costs were 26.6% increase, though it faces NIM compression, and Techcombank is expected to rise by 6.7%, representing see a slowdown from the 29% increase observed during the first half of the year. 17.5% rise.

Versions

  1. 2026-09-27 13:14 UTC Vietnamese banking sector financial performance
  2. 2026-09-26 03:43 UTC Vietnamese banking sector financial performance

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