Market

Morning Briefing, June 18: Fed Holds Key Interest Rate Steady

BIDV Securities (BSC) • June 18, 2026, 1:40 p.m.

Updates on global and Vietnamese macroeconomic developments, fluctuations in international and domestic stock markets, and notable news about listed companies.

Macroeconomic News

  • Fed: Keeps benchmark interest rate in the 3.5%–3.75% range.
  • United States: U.S. pending home sales for May rose 3.8%, far exceeding the forecast of 0.8%.
  • United States: Preliminary U.S. retail sales for May rose 0.9%, compared to a forecast of 0.5%.
  • U.S. - China: The U.S. Supreme Court upheld the ruling on tariffs on Chinese goods.
  • China: China’s financial regulator pledged to address risks in the real estate sector, local government debt, and small banks, issuing 300 billion CNY in special bonds to boost bank capital and resolve local government debt.
  • China: The Governor of the People’s Bank of China (PBOC) signaled a structural slowdown in credit growth.
  • EU: Eurozone May CPI (final) +3.2% vs. +3.2% y/y (preliminary)
  • Vietnam: Deputy Prime Minister Pham Gia Tuc has directed the urgent clearance of land for the Lao Cai–Hanoi–Hai Phong railway project.
  • Vietnam: Decision No. 1091/QĐ-TTg dated June 17, 2026, aims to establish large-scale strategic technology enterprises for the 2026–2030 period.
  • Vietnam: Deputy Prime Minister Nguyen Van Thang – Prioritizing ODA for major projects.
  • Vietnam: Nearly 90% of new housing supply in Ho Chi Minh City is in the high-end segment

Market News

  • United States: The Dow Jones drops more than 500 points following the new Fed Chair’s first meeting.
  • BID: BIDV Appoints New Chairman of the Board of Directors and CEO.
  • FPT: FPT launches ESOP 2026; executives face transfer restrictions for up to 10 years
  • LPBS: LPBank Securities successfully raised 4,256.04 billion VND through its IPO.
  • DXG: Dragon Capital Group sold 2.6 million shares of Bluemarq Group (DXG).
  • DMX: Điện Máy Xanh IPO – Approximately 13.5 million shares remain unclaimed by investors.
  • VNM: Vinamilk allocates over 3,800 tỷ đồng for the remaining 2025 dividend payout.
  • GVR: Vietnam Rubber Group’s Annual General Meeting – Estimated profit for the first five months is nearly 3,900 tỷ đồng.
  • HAH: Hai An is set to issue 3.5 million ESOP shares to 639 employees at a price of 10,000 VND per share.
  • DGC: Duc Giang Chemicals has appointed two deputy general managers born in 1988.
  • TV3: TV3 has appointed new personnel to replace executives who were arrested.
  • PGV: EVNGENCO3 Annual General Meeting of Shareholders: Production target set at a 19% increase.
  • SSB: SeABank has completed an increase in its charter capital to 34.288 tỷ đồng.
  • SBT: Chairwoman Dang Huynh Uc My has completed the purchase of nearly 43 million SBT shares.

View other reports and investment recommendations here.

Source: BIDV Securities (BSC)

Chung khoan BIDV (BSC)