Vietbank lists nearly 1.08 billion shares on Ho Chi Minh Stock Exchange

The listing gives Vietbank a market capitalization of about VND14.4 trillion (US$549 million).

VBB’s reference price was set at VND13,300 ($0.50) per share, with a trading band of ±20 percent.

By 11:00 am on Tuesday, VBB inched up 1.13 percent to VND13,450 ($0.51) per share.

Previously, VBB on June 29 completed its deregistration from the Unlisted Public Company Market (UPCoM) to move to HoSE.

VBB closed its final UPCoM trading session at VND13,700 ($0.52), expanding 45 percent since the start of 2026 and 58 percent from its March low, with an average daily trading volume of more than 100,000 shares.

A Vietbank representative said the transfer to HoSE demonstrates the bank’s commitment to meeting listing standards, improving transparency, and attracting institutional investors at home and overseas.

The move is expected to boost liquidity and strengthen capital-raising capacity for long-term growth.

Apart from the HoSE listing, Vietbank plans to increase its charter capital to VND15.548 trillion ($592 million), as approved at the bank's 2026 annual general meeting of shareholders.

The capital hike will reinforce financial strength, improve capital adequacy ratios, and support expansion.

For the first half of 2026, Vietbank earned VND923 billion ($35 million) in pre-tax profit, up 79.4 percent year on year.

Its net interest income rose 16 percent versus the same period last year to VND1.747 trillion ($66.5 million).

For 2026, Vietbank targets total assets to increase by 17 percent from the beginning of the year, outstanding loans by 23.6 percent, and customer deposits by 23.9 percent, while maintaining its non-performing loan ratio below 2.5 percent.

The lender is aiming for a pre-tax profit of VND2.1 trillion ($80 million).