MORNING BULLETIN, MAY 27: Aggressively Implementing Solutions to Develop Rental Housing to Meet the Actual Housing Needs of the People

Detailed Report

Macroeconomic News:

• United States: The U.S. Navy resumes escorting ships through the Strait of Hormuz; Oil tanker released after months of being stranded.
• United States: U.S. consumer confidence in May: 93.1 vs. forecast of 92. Previous month: 92.8.
• ECB: ECB Executive Board member Sleijpen stated: (1) The ECB will do everything possible to curb inflation; (2) The ECB is currently between the baseline scenario and the adverse scenario.
• Japan: The Japanese government maintained its assessment of a moderate economic recovery in May.
• Vietnam: Prime Minister Le Minh Hung instructed Hanoi to take the lead in developing a long-term rental housing model, viewing this as a key direction to restructure the real estate market, meet actual housing needs, and create room for sustainable urban economic development.
• Vietnam: Deputy Prime Minister Le Tien Chau signed Decision No. 943/QD-TTg on May 26, 2026, issuing the Implementation Plan for the Capital City Law (the Plan).
• Vietnam: Quanta Computer Group has doubled its investment capital at the My Thuan Industrial Park (Ninh Binh).
• Vietnam: The Ministry of Industry and Trade is drafting a Circular amending and supplementing certain provisions of Circular No. 60/2025/TT-BCT dated December 2, 2025, issued by the Minister of Industry and Trade, regarding the implementation of electricity prices.
• Vietnam: Deputy Prime Minister Pham Gia Tuc has instructed that key energy sector projects and construction sites must not continue to experience delays.
• Vietnam: Ho Chi Minh City has approved the plan to relocate six apartment blocks in the Thanh Da residential complex.

Market News:

• By the end of January 2026, bank deposits had risen to 16.46 trillion dong.
• Thai investors have withdrawn capital from two of Vietnam’s largest ETF funds.
• HPG: Hoa Phat proposes to participate in the exploration and mining of the Thach Khe iron ore deposit.
• VCK: VPS Securities JSC plans to issue up to 240 million shares in a private placement.
• VGI: Viettel International Investment Corporation plans to invest $560 million in the Dominican Republic.
• NDN: Leaders of Da Nang House (NDN) have registered to purchase an additional 740,000 shares.
• PVT: PV Trans is issuing nearly 47 million shares as a dividend, with a growth target of 10% per year for the 2026-2030 period.
• NKG: Nam Kim Steel is set to issue nearly 44.76 million additional shares.
• VAB: VietABank finalizes a plan to issue nearly 122.5 million additional shares, representing a 15% ratio.
• VND: VNDIRECT is spending over 760 billion VND to pay dividends for 2025.
• GVR: Vietnam Rubber Group plans for a decline in profits and the expansion of industrial zones on rubber plantations.
• HDS: HD Securities (HDS) has become a subsidiary of HDBank (HDB).
• EIB: Eximbank continues to make changes to its senior management.

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Source: BIDV Securities (BSC)